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Donald Trump is the Liz Truss of US economic policy

  • Donald Trump declared a global trade war with blanket tariffs of at least 10% on all imports to the U.S., prompting immediate market reactions and company responses, including Nintendo pausing pre-orders for its new console and Jaguar Land Rover pausing exports worth £6.5bn to the U.S.
  • Labour MP Neil Coyle warned that Trump risks damaging the U.S. Economy similarly to how Liz Truss harmed the U.K. Economy, reflecting growing concerns about the impact of Trump's economic strategies.
  • In response to Trump's actions, China announced a 34% tax on imports of U.S. Goods, and EU leaders are preparing retaliatory tariffs, showcasing a global escalation in economic tensions.
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Bias Distribution

  • 67% of the sources lean Left
67% Left
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The Independent broke the news in London, United Kingdom on Saturday, April 5, 2025.
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