Trump Declares 'Liberation Day' as Sweeping Tariffs Take Effect

[Eric Loh]

This tariff war is just don’t made sense. The domestic economy is 2/3rd of the GDP and the main engine of growth. The increase in tariffs elevate prices and reduce spending thus dampening the domestic economy. Lowering and not raising the tariffs will help the economy. US need high paying jobs especially in tech and tariffs should be targeted for such purposes. Broad sweeping tariffs is self inflicting disaster for the economy. 

[Purdey]

I was reading that China has banned sales of gallium, germanium and antimony to the U.S. Doesn't seem like a big deal to some but they are used in the production of semiconductors and also a wide range of military and technological applications.

China currently controls over 90% of EV battery grade graphite and those have been subject to export controls since last year.

China also controls 60% of the world's rare earth elements, but more importantly, 90% of the processing capacity.

This is becoming interesting.

[rough diamond]

1 hour ago, Purdey said:

I was reading that China has banned sales of gallium, germanium and antimony to the U.S.

I hope it is true and that even Trump now starts to understand what damage to the USA he has done!!

[riclag]

On 4/3/2025 at 1:52 PM, SunnyinBangrak said:

Seems not one single member of the hivemind understands the word "reciprocal".

They / them do but but its Trump!

Anything he and his administration do will be considered forbidden fruit , its baked in the recipe .

Look at the has beens Obama & Harris 

trying to stir up “I told you so’s” ,through their propaganda media  interviews.

 

Reciprocal with negotiations.

These leftest politicians are leaderless and have created this crisis.

 

[rough diamond]

40 minutes ago, riclag said:

These leftest politicians are leaderless and have created this crisis.

They may be leaderless but Trump has created this crisis out of nothing!