Countries have vowed to hit back at US President Donald Trump's global tariffs onslaught, as markets tumble over fears his trade war would damage the world economy. Trump spared almost no nation on his "Liberation Day", hitting friends and foes alike and reserving some of the harshest tariffs for major trade partners, including the EU and China.
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00:00My fellow Americans, this is Liberation Day.
00:05We've been waiting for a long time.
00:10Foreign leaders have stolen our jobs, foreign cheaters have ransacked our factories, and
00:16foreign scavengers have torn apart our once beautiful American dream.
00:2146 percent.
00:22They would charge us 46 percent and much higher for certain items like cars, you know, little
00:27items like cars.
00:46For Australia, these tariffs are not unexpected, but let me be clear, they are totally unwarranted.
00:55I deeply regret this choice.
00:58The consequences will be dire for millions of people around the globe, also for the most
01:05vulnerable countries, which are now subject to some of the highest U.S. tariffs, the opposite
01:13of what we wanted to achieve.
01:43Every time the U.S. is in some kind of crisis or recession, it is hit directly by Mexico
02:07and directly impacts the pockets of all Mexicans.
02:12I just feel like it's all talk.
02:21I just think they're just talking, and no matter what, they're just going to up the
02:24price of everything, and everything's just going to be more expensive and make it harder
02:28for people to live.
02:29I don't.
02:30I think he's just taking care of his country, and I think we need to do the same.