In the wake of the sweeping “Liberation Day Tariffs” introduced by President Donald Trump, global markets, trade partners and domestic industries are grappling with a radically altered economic landscape. These tariffs — including a universal 10% duty on all imports and targeted rates as high as 145% on Chinese goods — have provoked international retaliation, disrupted supply chains, and significantly raised costs for American consumers and businesses alike.
This event will be hosted at the aptly named Library of Mistakes, where Dr Philip Luck will be in conversation with Russell Napier to provide insight into the rationale, consequences, and future trajectory of these measures. Drawing on historical experience with tariffs and trade shocks, Dr Luck will help place recent developments within a broader economic and geopolitical context.
Topics & Themes:
- Origins and Objectives – Why the tariffs were introduced and the political and legal basis behind them
- Domestic Impact – Effects on inflation, key industries, consumer prices, and business confidence
- Global Fallout – International retaliation, trade realignment, and challenges to multilateral cooperation
- Geopolitical Strategy – The role of tariffs in U.S.–China competition and broader economic nationalism
- Looking Ahead – Potential outcomes, policy reversals, and long-term implications for global trade