Source:
https://www.whatdoesitmean.com/index4926.htm

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April 3, 2025

Trump Protects Russia From “Liberation Day” Global Trade War

By: Sorcha Faal, and as reported to her Western Subscribers

An informative new Security Council (SC) report circulating in the Kremlin today first noting President Putin’s top economic envoy Kirill Dmitriev announced this morning that he has arrived in Washington to hold negotiations with American officials, says the leftist Washington Post then observed: “A close ally of Russian President Vladimir Putin is in Washington for talks with the Trump administration, underlining the striking turnaround in relations between the United States and Russia, as the envoy is the most senior Russian official to visit since the 2022 invasion of Ukraine...Kirill Dmitriev, who runs Russia’s sovereign wealth fund, is meeting with Steve Witkoff, a real estate developer and close Trump ally who has been a key figure in efforts to secure an agreement to end the war in Ukraine...Witkoff told Tucker Carlson in an interview broadcast in March that he hoped for cooperation between Russia and the United States on integrating energy policies in the Arctic, sharing sea lanes and to maybe send LNG gas into Europe together, maybe collaborate on AI together”.

Prior to top Russian economic envoy Dmitriev arriving in Washington today, this report notes, yesterday it saw President Donald Trump issuing the global economic war proclamation “Regulating Imports with a Reciprocal Tariff to Rectify Trade Practices that Contribute to Large and Persistent Annual United States Goods Trade Deficits”, wherein he declared: “I, DONALD J. TRUMP, President of the United States of America, find that underlying conditions, including a lack of reciprocity in our bilateral trade relationships, disparate tariff rates and non-tariff barriers, and U.S. trading partners’ economic policies that suppress domestic wages and consumption, as indicated by large and persistent annual U.S. goods trade deficits, constitute an unusual and extraordinary threat to the national security and economy of the United States...That threat has its source in whole or substantial part outside the United States in the domestic economic policies of key trading partners and structural imbalances in the global trading system...I hereby declare a national emergency with respect to this threat”.

In the national emergency declaration he branded “Liberation Day” for the American peoples, this report continues, President Trump placed reciprocal tariffs on more than 180 countries and territories, to include his slamming Ukraine with a 10% tariff—but President Trump protected Russia and key Russian ally Belarus by not imposing any tariffs on them.

Along with the Wall Street Journal assessing today: “President Trump unveiled his new “liberation day” tariffs on Wednesday, and they are another large step toward a new old era of trade protectionism...Assuming the policy sticks, the effort amounts to an attempt to remake the U.S. economy and the world trading system”, this report details, the leftist New York Times documented: “What Mr. Trump had hailed as America’s “Liberation Day” sent shock waves across the world and raised the specter of a global trade war...In a sharp shift away from decades of trade policy, Mr. Trump instituted a 10 percent base line duty on all goods imported into the United States...In addition, other nations will be charged a so-called reciprocal tariff at an even higher rate next week...For the European Union and China, the two largest U.S. trading partners, the White House imposed tariffs of 20 percent and 34 percent...The additional levy on China will be added to a 20 percent tariff previously imposed by Mr. Trump...Even close allies such as Japan and South Korea were not spared...Neither were countries like Australia and Brazil that buy more from America than they sell to it”.

Joining the American economic article “Trump’s Tariffs Incite Fury In China And Dismay In Europe”, this report notes, was the news: “Dow futures tumble 1,200 points on fear Trump’s tariffs will spark trade war”--and was news about American financial markets able to be easily manipulated by the foreign powers opposing President Trump, about which was revealed last week: “Foreign investors own almost 20% of all U.S. equities compared with 7% at the start of this century”.

At the same time President Trump protected Russia from his “Liberation Day” global trade war, this report concludes, it was warned: “European NATO members have raised concerns that Washington’s rapprochement with Moscow and the sidelining of the EU during talks could weaken the US-led military bloc” and revealed: “U.S. Defense Secretary Peter Hegseth will not take part in the Ramstein-format meeting of Ukraine's partners next week...This would make the April 11 summit in Brussels, co-chaired by the U.K. and Germany, the first instance when the Pentagon's chief will be absent since the format's founding in 2022”.

[Note: Some words and/or phrases appearing in quotes in this report are English language approximations of Russian words/phrases having no exact counterpart.]

https://youtu.be/ol2atawsfow
https://youtu.be/ol2atawsfow

FULL SPEECH: President Donald Trump announces Trump Tariffs on "Liberation Day"
https://youtu.be/c2bZto8YvEc

Trump Slaps Global Tariffs - The Russians Have Captured Vesele - Military Summary 2025.04.03
https://youtu.be/X3M1Z3PQOdg

April 3, 2025 © EU and US all rights reserved. Permission to use this report in its entirety is granted under the condition it is linked to its original source at WhatDoesItMean.Com.
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