
The clock is ticking down to Donald Trump's "Liberation Day" when the US president has threatened to unleash a wide range of tariffs against countries running persistent trade imbalances with the United States.
The move -- which comes as Trump has been making unprecedented use of presidential powers -- is driven by his insistence that the world's biggest economy has been "ripped off by every country in the world" and his conviction that reciprocal tariffs are needed to restore parity.