Geopolitical Economy Report
Geopolitical Economy Report
@geopoliticaleconomyreport·743K subscribers·762 videos

This is why Trump’s tariffs will fail - and backfire hard on the US economy

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April 3, 2025

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In what he called "Liberation Day", Donald Trump imposed heavy tariffs on countries around the world, falsely claiming they were "reciprocal". In reality, the taxes on imports were based on the US trade deficit with other nations. Ben Norton explains how the Trump administration's economic policies are contradictory and will backfire hard on the US economy, fueling inflation while failing to re-industrialize.

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and backfire hard on the US economyLiberation Day Donald TrumpBen NortonTopics TrumpCLIP TariffBackfiring HowRetaliation RoleCLIP Trump

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This is why Trump’s tariffs will fail - and backfire hard on the US economy · Geopolitical Economy Report · Sentinel