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Liberation Day: Trump Has A Plan. But Will It Make Things Worse? Yanis Varoufakis



Liberation Day Trump Has A Plan. But Will It Make Things Worse? Yanis Varoufakis Bitcoin News Bitcoin Crash Crypto News #trump #tariffs #stockmarket #trading

Hello everyone. After a day of stock market shocks and global recriminations, there are reasons to question whether President Donald Trump fully grasps the consequences of the tariff barrage that he used to fire up a global trade war.
β€œI think it’s going very well,” Trump told reporters Thursday, in the aftermath of his β€œLiberation Day” announcement the day before.
β€œIt was an operation like when a patient gets operated on and it’s a big thing,” Trump said. β€œWe’ve never seen anything like it. The markets are going to boom. The stock is going to boom. The country is going to boom.”
Former Greece finance minister Yanis Varoufakis, a well-respected political commentator argues that Trump’s shock is similar to Nixon’s shock in 1971. He believes China is the main target of the tariffs.
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