2025-04-03
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Hello and welcome to World Business report from the BBC World Service.
I'm Sam Fenwick.
So, yesterday, U.S. president Donald Trump declared it Liberation Day,
unveiling sweeping tariffs designed to shake up global trade and,
in his words, make America great again.
Our country and its taxpayers have been ripped off for more than 50 years,
but it is not going to happen anymore.
Not going to happen.
So what about today?
Maybe it's reflection day.
As world leaders, businesses and consumers start to grapple with what these changes really mean,
global markets have already started reacting with volatility in stocks,
currency shifts, and businesses weighing the costs of these tariffs.