International Insider: Trump’s Tariff Targets; CinemaCon Compiler; Toei Interview
deadline.comHappy tariffs week, everybody. How’s it impacting you? Jesse Whittock here with you to highlight stories from the White House, CinemaCon and the headquarters of a famous Japanese anime firm.
Sign up for the International Insider newsletter here. Trump’s Tariff Targets “Liberation Day”: Another week, another Donald Trump bombshell.
This time guns were aimed… well, at the entire world (bar a few exceptions including Russia). On Wednesday, the President announced a tariff policy of a baseline 10% on virtually every nation, claiming April 2, 2025, would be remembered as “the day that we began to make America wealthy again,” calling it “Liberation Day.” Those hit included long-time allies in the UK, Europe and Australia, whose Prime Minister, Anthony Albanese responded by saying, “This is not the act of a friend.” Fair to say few countries were happy and stock markets are shellshocked, with the Dow Jones Industrial Average closing down almost 1,700 points and the Nasdaq and S&P 500 suffering their worst days since the start of the pandemic.
Mad Money host Jim Cramer warned the tariffs will be “horrendous” for the U.S. economy, but Trump and his team are certain that ripping the system up and starting again is the only way forwards, regardless of the short-term impact.
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