​President Donald Trump's proclamation of "Liberation Day" on 2 April 2025 introduced a sweeping tariff regime that has sent shockwaves through the global economy. The United States imposed a universal 10% tariff on all imports, with significantly higher rates for specific countries deemed to have engaged in unfair trade practices or maintained substantial trade surpluses with the U.S. This move has elicited a spectrum of reactions from nations worldwide, each grappling with the potential economic ramifications.​ In North America, Canada's Prime Minister Mark Carney criticised the tariffs as "totally unwarranted" and pledged countermeasures to protect Canadian industries. Mexico, similarly affected, is exploring retaliatory options to safeguard its economic interests. The United Kingdom, facing a 10% tariff, has expressed intentions to negotiate for exemptions to mitigate economic impacts. ​ European leaders have expressed strong opposition to the tariffs. European Commission President...