Trump’s ‘Liberation Day’ tariffs For Enemies As Well As Friends To “Make America Wealthy Again”

The President of the United States declared a liberation day on the 2nd of April 2025. 

Moreover, the President claimed  2nd April to be the day when “America’s Industry was reborn and America’s destiny was reclaimed.”  

However, simultaneously, he declared a trade war with multiple other nations all over the globe. Moreover, he did not care about friends or enemies. He treated everyone with the same sanctions. 

The president of the United States, Donald Trump, had declared reciprocal taxes for every country that imposes taxes on the United States. However, almost 5 months have passed since that day.  

He has now begun using taxes to compel countries to stop trading with Russia. Let’s look at the immediate reaction of people all over the world after President Trump announced his liberation day. In this article, we will cover the conversations that took place on the Piers Morgan show after this incident had happened. We will specifically focus on what was said by the British author and Journalist Gillian Tett. 

We will also analyze all the further developments related to Trump’s signing of the executive order related to reciprocal tariffs on the rest of the world. 

Let’s learn if ‘Trump’s ‘Liberation Day’ tariffs make America Wealthy Again or not? 

What Was The Discussion About? “Trump Liberation Day Tariffs”

Moreover, the entire discussion revolved around the reciprocal Taxes that Trump was supposed to impose on various products. Furthermore, the host of the show, Piers Morgan, mentioned most of the products that were supposed to face extensive tariffs.  

The list of products included several things like Canadian Dairy, Chinese Rice, Indian Motorcycles, and several others. 

However, Piers Morgan started the conversation by asking a simple question: whether Trump was going to raise a lot of money for the US, or was he going to take it out of the pockets of Americans. 

1. Who Were The Guests On The Show?

The show, moreover, featured multiple people from diverse backgrounds. Furthermore, the list includes the CEO, Social Media political commentators, and several others. 

The show was joined by the Founder and the CEO of Young Turks, Cheng Yuga, the author of “Bad News,” Batya Ungar-Sargon, Karry Lake (Senior Advisor for the U.S. Agency for Global Media), and Gillian Tett, who is an author and also a Financial Times columnist. 

2. What Did Gillian Tett Say About The Trump Liberation Day Tariffs For All?

Piers Morgan asked Gillian Tett to comment on the entire situation while considering her background and expertise on the subject. 

Moreover, the host asked Gillian Tett what was wrong with the imposition of the reciprocal tariffs across the board. 

3. Wrestling Ring Politics To Make America Wealthy Again

Tett replied to this while saying Trump’s political style was modeled on a ‘wrestling ring”. Moreover, she believes that just like a wrestling match in America, Trump’s political style also has a lot of manufactured aggro, dramatic moves, and name-calling.  

However, most of the audience knows that most of it is manufactured, as there will be some kind of “Qasi Victory or Andor Climbdown”. 

Moreover, the columnist believes that there will be a lot of theatrics for no. However, she also believes that Trump will eventually strike deals with other countries while lowering the Tariffs. However, she describes the situation as “it looks like he’s throwing the Gauntlet to the rest of the world.” 

4. Will The Reciprocal Tariffs Make America Wealthy Again?

Tett also pointed out that many people within the Trump administration believe that the USA embarked on an uneven trade pattern after the end of World War 2. Tett also stated that this was correct.  

However, Tett believes that imposing tariffs like this will be unlikely to rebalance trade like Donald Trump wants. 

Tett also believes that it is unlikely to unleash this “economic boom” or trade boom that Trump keeps talking about. 

She also states that the trading routes in today’s world are so interconnected that this will increase the amount of pressure on American consumers. 

Moreover, she also believes that the sheer uncertainty and disruptions in the trade networks will make businesses panic. Hence, this will lead to a decrease in economic activity.  

Moreover, she also states that it is going to be quite painful for the Americans as much as it will be for the rest of the world. 

5. Will The Rest Of The Powers Establish New Trade Networks?

Piers Morgan, the host of the show, asked Tett if this “bully boy” tactic by Donald Trump was supposed to work or not. 

Tett replied to this while saying that there were countries that would give some concessions to America. Tett also mentioned that this will lead some companies in America to start Manufacturing again in the country. This might be a short-term victory. However, in the long run, the situations will be a lot more different. 

She also mentioned that “Global Trade is rising quite rapidly, but mostly between countries that are not America, rather than with America.” 

Thus, Tett mentions that Trump was playing “very, very high-stakes games.” Moreover, she also believes that it is one of the biggest bets to consider that the American public will endure the pain in the “short term” and in the longer term, this will help the American economy. 

However, Tett believes that both of them were unproven bets. Moreover, Tett thinks that the rest of the world will start looking for alternatives rather than simply becoming a vassal state.  

The Bigjar Take On This. Did The Prophecy Of Gillian Tett Actually Come True?

The Bigjar take on this will be more complicated than how it generally goes. Moreover, we will have to analyze all the occurrences that have taken place since Trump declared his liberation. 

Moreover, Tett stated that “Global Trade is rising quite rapidly, but mostly between countries that are not America, rather than with America.”. However, whatever she had said is now becoming true. 

Moreover, there were countries that bowed to the bully boy diplomacy of Donald Trump while providing Trump with some concessions in terms of tariffs. However, most of the larger powers worldwide have begun to establish trade networks that go beyond America.  

Here are some examples of such Trade Networks and the efforts that were made by the world powers to establish such alliances. Hence, we do not know if the trade war will make America wealthy again or not. However, Trump’s ‘Liberation Day’ tariffs have definitely helped in establishing some of the unthinkable partnerships. 

1. The Tianjin SCO Summit In 2025 

 The Tianjin SCO Summit serves as an example of the World Powers trying to establish new trade networks. Moreover, geopolitical enthusiasts and others from the rest of the world never anticipated that they would be able to see the Prime Minister of India and the President of China within the same frame at a summit. Therefore, India and China got together despite all their differences. 

The 50% Tariff on India forced the country to explore other avenues of growth. India has explored friendship with other countries, such as China, despite having disputes with them. 

The USA subjected India to an additional 25% Tariff, since India has been trading with Russia despite the Russia-Ukraine War. However, the additional Tariffs did not stop India from trading with Russia. 

2. The UK-India Free Trade Agreement

The India-United Kingdom Comprehensive Economic & Trade Agreement, which was signed on 6th May 2025, serves as an example of how world powers are developing new avenues of growth. 

The UK signed a trade agreement with India at a time when the USA was planning to impose tariffs on India and other nations. 

Moreover, the UK engaged in trade with India, despite being a NATO member and a close ally of the USA.  

The UK has struck this deal with India, even though India has close trade relations with Russia. 

Hence, we can conclude from this that Gillian Tett’s theory proved to be true since more than Five Months after she had said it. 

Frequently Asked Questions (FAQs)  

Here are the answers to some of the commonly asked questions about Trump’s ‘Liberation Day’ tariffs