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Delivery-date: Thu, 03 Apr 2025 16:08:49 -0400
From: "The Economist today" <newsletters@e.economist.com>
To: <info@harmonyinnovationhub.com>
Subject: Trump's ruinous delusions will bring needless harm
Date: Thu, 03 Apr 2025 14:08:46 -0600
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The Economist
 
 
  
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April 3rd 2025

The Economist today

The best of our journalism, handpicked each day

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Brooke Unger

Senior digital editor

Among the few points of agreement between Donald Trump and his detractors is that the first 73 days of his second term have changed the world. In February and March he inflicted what may prove to be fatal blows against the Western alliance that has protected much of the developed world for nearly 80 years. Yesterday&mdash;&ldquo;Liberation Day&rdquo;, as Mr Trump sees it&mdash;he made an unprovoked attack on global trade. In our opinion, it was &ldquo;Ruination Day&rdquo;. 
 
https://click.e.economist.com/?qs=81535c45acb5110bb2fba4bf794a05e42c2a212dea0f44ec19f623bce59722919a99d2a3c4243d77f219b8d350a02237525de46593b070182671f576c3303fdf 
Our leader 
 explains why this is &ldquo;the most profound, harmful and unnecessary economic error in the modern era&rdquo; and how other countries can lessen the damage. We also analyse Mr Trump&rsquo;s 
 
https://click.e.economist.com/?qs=81535c45acb5110bdf6263ec3aefbe1cce4d3d9692274fb307d38ebe618dc64c25d9fa2a4ab0400462410aa24f26e4caf0054e3bf75da860f3bb19ff2dc17f56 
tariffs in detail 
 and assess the toll they are taking on 
 
https://click.e.economist.com/?qs=81535c45acb5110b1fb85891eafd209c4cdfe575ceaf44daf9cf997d453c3067225a4232dd40ef9c94103f53aec408e466b03e920106378147463575d54c4b47 
financial markets worldwide .

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Ruination Day

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President Trump’s mindless tariffs will cause economic havoc

&rarr; 
https://click.e.economist.com/?qs=81535c45acb5110bdf6263ec3aefbe1cce4d3d9692274fb307d38ebe618dc64c25d9fa2a4ab0400462410aa24f26e4caf0054e3bf75da860f3bb19ff2dc17f56 
Trump takes America&rsquo;s trade policies back to the 19th century

&rarr; 
https://click.e.economist.com/?qs=81535c45acb5110b1fb85891eafd209c4cdfe575ceaf44daf9cf997d453c3067225a4232dd40ef9c94103f53aec408e466b03e920106378147463575d54c4b47 
Financial markets flail in the face of America&rsquo;s tariffs

&rarr; 
https://click.e.economist.com/?qs=81535c45acb5110bb55b7f8253329fe62841c2fd256ae6881c48f783fc49801fa24b242be508a826b534f4fb82e9b366f6bd5bb480dcb99d7922a42d43681f63 
As Trump&rsquo;s trade war heats up, China is surprisingly confident

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A shattered nation

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Lift sanctions to give Syria a chance of rebuilding

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Our poll shows Syrians trust their new leader, Ahmed al-Sharaa. So should the West

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Madison as hell

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The Trump train slows

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Results from Florida and Wisconsin suggest a familiar pattern in American politics

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Buttonwood

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The American government’s accidental private-credit subsidy

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How a Depression-era lending scheme became a trillion-dollar wheeze

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Taking on water

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The Panama ports deal is delayed, as China signals dissent

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Xi Jinping may be wanting to increase leverage over America

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A turnaround, eh?

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The Liberal Party’s polling surge is Canada’s largest ever

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Our forecast suggests Mark Carney has an 83% chance of winning. That is thanks to Trump

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You’d better release me

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What happens when Britain frees thousands of prisoners at once?

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An early-discharge programme has shone light on a problem

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Repairing body cells

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Mitochondria transplants could cure diseases and lengthen lives

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A technique that may create a new field of medicine

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Song of myselves

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Is there anything left to learn about The Beatles?

Podcast

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Money Talks

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What to make of Donald Trump’s titanic tariffs

Figure of the day

29%, the share of Republican voters who view the EU as &ldquo;unfriendly&rdquo; or &ldquo;an enemy&rdquo;, according to our YouGov polling. 
https://click.e.economist.com/?qs=81535c45acb5110b7d4db02d7a02779fb0b551c1a2fcb68c89a5fd9a016a9a2cb6465e4334cc0b6c34fb6ccc60a6be40deb90379feac8d9b011a645c3e7e8e78 
Read the full story .

Most read by subscribers

&rarr;

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Trump&rsquo;s &ldquo;Liberation Day&rdquo; is set to whack America&rsquo;s economy

&rarr;
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Barring Marine Le Pen is a political thunderbolt for France

&rarr;
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Trump takes America&rsquo;s trade policies back to the 19th century

&rarr;
https://click.e.economist.com/?qs=81535c45acb5110b98a82d5f8531f4862d064b595cb3bd74c6efcc51b0082f3d210115d7c249a7850a3ff7aad1cde89e50943bd4a22f8fc9e58034c1b8ca61cf 
Donald Trump&rsquo;s plan for American carmaking is full of potholes

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What to make of Donald Trump’s titanic tariffs

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<div class="preheader" style="font-size: 1px; display: none !important;">Also: The fascination of The Beatles</div>
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         Among the few points of agreement between Donald Trump and his detractors is that the first 73 days of his second term have changed the world. In February and March he inflicted what may prove to be fatal blows against the Western alliance that has protected much of the developed world for nearly 80 years. Yesterday&mdash;&ldquo;Liberation Day&rdquo;, as Mr Trump sees it&mdash;he made an unprovoked attack on global trade. In our opinion, it was &ldquo;Ruination Day&rdquo;. 
          <a   data-linkto="https://" href="https://click.e.economist.com/?qs=81535c45acb5110bf2fd3fe71cc4d3261ac48fad5296272973a5ca03073eb129812ce11c86547820fbca9e31f46422a7a0e9e381fee1bb4f7c067a60551a8346" style="text-decoration:none;" title="Our leader">Our leader</a>
          explains why this is &ldquo;the most profound, harmful and unnecessary economic error in the modern era&rdquo; and how other countries can lessen the damage. We also analyse Mr Trump&rsquo;s 
          <a   data-linkto="https://" href="https://click.e.economist.com/?qs=81535c45acb5110b90f5df255b4625a76866c9215ed17f2fd14406f59ba9ff5d1202de14a3341d2c9e01f076aea457ad063f917abc12802bdb549f3e1fa9a006" style="text-decoration:none;" title="tariffs in detail">tariffs in detail</a>
          and assess the toll they are taking on 
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								<b>29%</b>, the share of Republican voters who view the EU as &ldquo;unfriendly&rdquo; or &ldquo;an enemy&rdquo;, according to our YouGov polling. <a   data-linkto="https://" href="https://click.e.economist.com/?qs=81535c45acb5110b10f90097e2cbbcc888a68243f19171de46ac4dfd83c87eb4b5aa33e1db6466e6b71f1a7d8c5d858e00fcf90180178e8832101e7be0e698c3" style="text-decoration:none;" title="Read the full story">Read the full story</a>.</td></tr></table></td></tr></table></td></tr></table><table cellpadding="0" cellspacing="0" width="100%" role="presentation" style="min-width: 100%; " class="stylingblock-content-wrapper"><tr><td class="stylingblock-content-wrapper camarker-inner"><table align="center" bgcolor="#ffffff" border="0" cellpadding="0" cellspacing="0" role="presentation" style="max-width:600px;" width="100%">
	
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