{"id":37863,"date":"2025-04-03T17:40:19","date_gmt":"2025-04-03T17:40:19","guid":{"rendered":"https:\/\/news2shorts.com\/index.php\/2025\/04\/03\/what-will-trump-do-when-his-tariffs-backfire\/"},"modified":"2025-04-03T17:40:19","modified_gmt":"2025-04-03T17:40:19","slug":"what-will-trump-do-when-his-tariffs-backfire","status":"publish","type":"post","link":"https:\/\/news2shorts.com\/index.php\/2025\/04\/03\/what-will-trump-do-when-his-tariffs-backfire\/","title":{"rendered":"What will Trump do when his tariffs backfire?"},"content":{"rendered":"<p>The US president\u2019s tariffs are almost certain to have dire consequences and he is not impervious to market decline or public opinion<\/p>\n<ul>\n<li><a href=\"https:\/\/www.theguardian.com\/us-news\/live\/2025\/apr\/03\/business-news-live-updates-trump-tarrifs-asian-markets-nikkei-asx-wall-st-dow-jones-dollar-euro\">Business live \u2013 latest updates<\/a><\/li>\n<\/ul>\n<p>So much for the idea that <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/02\/trump-new-tariffs-liberation-day\">\u201cliberation day\u201d<\/a> would free financial markets from their fear of the unknown. Publication of precise tariff rates, went a cheerful line of advance thinking, would at least allow investors to assess the probable trade effects on the basis of hard information. True optimists clung to the idea that Donald Trump would not wish to risk a truly severe market reaction.<\/p>\n<p>That narrative was blown apart when the president reached for his pub-style display of wares. This really was a case of going back to the tariffs rates of the 1920s or 1930s. Not even the <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/03\/donald-trump-tariffs-antarctica-uninhabited-heard-mcdonald-islands\">penguins of Heard Island and the McDonald Islands<\/a> were spared.<\/p>\n<p> <a href=\"https:\/\/www.theguardian.com\/us-news\/2025\/apr\/03\/the-world-looks-on-and-wonders-how-much-pain-is-trump-willing-to-take\">Continue reading&#8230;<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The US president\u2019s tariffs are almost certain to have dire consequences and he is not impervious to market decline or public opinion Business live \u2013 latest updates So much for the idea that \u201cliberation day\u201d would free financial markets from their fear of the unknown. Publication of precise tariff rates, went a cheerful line of &#8230; <a title=\"What will Trump do when his tariffs backfire?\" class=\"read-more\" href=\"https:\/\/news2shorts.com\/index.php\/2025\/04\/03\/what-will-trump-do-when-his-tariffs-backfire\/\" aria-label=\"Read more about What will Trump do when his tariffs backfire?\">Read more<\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[1],"tags":[],"class_list":["post-37863","post","type-post","status-publish","format-standard","hentry","category-blog"],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37863","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/comments?post=37863"}],"version-history":[{"count":0,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/posts\/37863\/revisions"}],"wp:attachment":[{"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/media?parent=37863"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/categories?post=37863"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/news2shorts.com\/index.php\/wp-json\/wp\/v2\/tags?post=37863"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}