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World

Was ‘Liberation Day’ just shock therapy?

30 April 2025

9:29 PM

30 April 2025

9:29 PM

With Treasury Secretary Scott Bessent announcing that a trade deal between the US and India could be imminent, it once again raises the possibility that Trump’s intended outcome is not the imposition of high, permanent tariffs – but that the measures announced on “Liberation Day” were really just shock therapy aimed at the ultimate liberalization of trade.

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