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Trump holds a signed copy of his book during a rally in 2021
US Politics
David Blackmon
1 April 2025
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On tariffs, Trump is an open book

There is method to the US president’s apparent madness, and those seeking to understand need look no further than their local bookshop

In an interview aired on Fox News in mid-March, US President Donald Trump declared to host Laura Ingraham that 2 April would be what he calls “Liberation Day”, the day on which he was scheduled to impose reciprocal tariffs on many of America’s trading partners, saying: “We have been ripped off by every country in the world, friend and foe.” Trump’s plan involves imposing tariffs on goods imported into the US that are equal to those imposed by the originating countries on US exports. Coming in addition to a variety of new tariffs imposed on major trading partners such as China, Canada and Mexico—along with general tariffs on imports of steel and aluminium—the reciprocal tariffs make up a majo

Also in this section
Explainer: Iran’s indispensable energy role
16 January 2026
The country’s global energy importance and domestic political fate are interlocked, highlighting its outsized oil and gas powers, and the heightened fallout risk
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16 January 2026
The global maritime oil transport sector enters 2026 facing a rare convergence of crude oversupply, record newbuild deliveries and the potential easing of several geopolitical disruptions that have shaped trade flows since 2022
Letter from the US: The curse of strong energy exports
Opinion
15 January 2026
Rebuilding industry, energy dominance and lower energy costs are key goals that remain at odds in 2026
Venezuela mismanaged its oil, and US shale benefitted
14 January 2026
Chavez’s socialist reforms boosted state control but pushed knowledge and capital out of the sector, opening the way for the US shale revolution

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