Thursday, April 3, 2025

liberation Day: Trump rouses his own voters to the barricades with tariff hammer – calls for impeachment

Frankfurter Rundschau Liberation Day: Trump rouses his own voters to the barricades with tariff hammer – calls for impeachment Bona Hyun • 5 hours • 3 minutes read Consequences for the US economy US President Trump isn't just stirring up business sentiment with his tariff plans on Liberation Day. His own fans are also upset about his plans. Washington D.C. – On Liberation Day, Donald Trump appears to be making good on his threats: The upcoming announcement of his tariff package could shock the entire world. Not only is the US economy worried, but discontent is also growing among Trump voters. Trump plans to announce tariffs on Liberation Day – concerns for the US economy and American companies So far, Trump has spoken of reciprocal tariffs. This essentially means that the US will raise tariffs wherever it currently charges less than its trading partners. Trump has already imposed tariffs on all aluminum and steel imports, initiated tariffs on imported cars and auto parts, introduced increased tariffs on all goods from China, and targeted his neighbors Canada and Mexico. Trump isn't just stirring up business sentiment with his tariff plans. His fans are also upset. Trump's tariff hammer is hitting not only trading partners but also domestic companies. US entrepreneur Jeremy Petersen, for example, now fears for his business after Canada became a particular focus of Trump's tariff plans. Petersen is the founder of Identity Pet Nutrition, a brand that sells human-grade dog and cat food. Liberation Day: Trump stirs up discontent among his voters - companies fear for business The company has expanded its production to Canada. In an interview with Der Spiegel, the entrepreneur and Trump voter explained that the cans for the food are filled in Canada and transported back by truck. The entrepreneur is already feeling the effects of the 25 percent tariffs already imposed on aluminum. Shortly thereafter, Canada announced that it would impose 25 percent tariffs on US goods. Identity Pet Nutrition could still handle the aluminum tariffs, but the planned 25 percent on everything would be difficult for his business, Petersen told Der Spiegel. He trusts that Trump's opponents will then initiate impeachment proceedings. Criticism of Trump before Liberation Day: Americans dissatisfied with tariff policy Peterson is not the only American, and possibly Trump voter, who is dissatisfied with Trump's tariff policy. Many disapprove of his handling of the US economy. The latest CBS News/YouGov poll, conducted March 27-28, shows that 64 percent of respondents believe the Trump administration is not focusing sufficiently on lowering prices, as promised during the 2024 campaign. Fifty-five percent believe there is too much emphasis on imposing tariffs on imports. Trump's tariffs are also becoming a burden for US citizens due to rising prices. But the far-right president has now declared that he "doesn't care" about rising prices in the US. In an interview with NBC, Trump was asked about a media report that he had warned the CEOs of US automakers about price increases as a result of the tariffs.