Trump gambles on tariffs as nation braces for economic fallout

The long odds for Trump’s ‘Reverse Kissinger’ gamble

Why it will be so hard for the president to drive a wedge between China and Russia.

Trump rolls political dice with huge tariff gamble

As the former owner of several bankrupt casinos, Donald Trump knows all about taking a gamble. But his announcement of worldwide tariffs carries huge political risks for the US president.

Trump imposes new tariffs as he takes economic gamble

WASHINGTON — President Donald Trump announced far-reaching new tariff s Wednesday on nearly all U.S. trading partners — a 34% tax on imports from China and 20% on the European Union, among others — that threaten to dismantle much of…

Trump gambles on tariffs as nation braces for economic fallout

President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world. But in fulfilling a key campaign promise, he also ignored warnings that targeting key trading partners — from the likes of China, Japan and the European Union — will raise prices at home and risk the eruption of a global trade war. The tariffs also stand to inject a fresh round of u…

As of April 5, a minimum customs duty for US trading partners will enter into force worldwide. "Reciprocal customs duties for individual states amount to up to 50 percent. Regardless of this, customs duties for car imports enter into force.

Analysis: Triumphant Trump rolls dice on tariffs despite warnings, risks

Analysis: Triumphant Trump rolls dice on tariffs despite warnings, risks News Staff Fri, 04/04/2025 - 14:23 In-page image(s)   Body JOHN T. BENNETT CQ-Roll CallWASHINGTON — President Donald Trump did not blink Wednesday while resurrecting an economic policy approach last used 95 years ago, a move that will shape his second term and help decide the fate of his “Make America Great Again” movement.“My fellow Americans, this is Liberation Day,” T…