United States, pres. Trump declares Trade War on the world

President Donald Trump recently announced sweeping 10% tariffs on all imports, calling it “Liberation Day". teleSUR

Transcript

00:00U.S. President Donald Trump announced that he will apply reciprocal tariffs to several

00:04countries.

00:05The president threatened that these nations will have to produce their goods in the U.S.

00:09to reduce tariffs.

00:11Trump decided to impose tariffs of at least 10% on all countries of the world and higher

00:16percentages on partner countries, declaring a trade war on the world with the highest

00:20import taxes in a century, all under the pretext of industrializing his country.

00:25During his speech, the U.S. president demonized the entire planet, blaming foreign nations

00:29for the crisis in the quality of life, services and production that the U.S. is experiencing.

00:34In addition, Trump described instruments such as the free trade agreement with Mexico and

00:38Canada as a disaster, while maintaining the narrative of criminalizing migrants using

00:43the extinct Trent-Daragua.

00:45These announcements represent the biggest rollback of free trade in two centuries, representing

00:49a major change in global trade and economic policy.