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Policymakers take on energy shock, rising debt at IMF-World Bank meetings
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Trump's 'energy ceasefire' sparks confusion as Russia strikes Ukraine
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Raphael Glucksmann elected centre-left French presidential candidate
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Dupont double helps Toulouse avoid Bayonne slip-up in Top 14
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'Dizzy' Lazio join Inter at top of Serie A as Roma, Juve and Milan held
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Marseille snap losing skid with win at Troyes
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Jaguars edge Eagles as Packers beat Bears
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Lula stages mass rally ahead of Brazil's presidential run-off
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Rays chase first MLB crown as Guardians try to snap drought
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Poland holds suspect in alleged assassination plot against PM Tusk
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Hurricane Simon churns off Mexican coast after shift in course
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Russia hits Ukraine power plants despite Trump energy ceasefire claim
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'Dizzy' Lazio join Inter at top of Serie A as Roma and AC Milan held
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Isco's Betis rise back above Real Madrid to third
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Man City must make 'own noise' amid financial scandal, says Maresca
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Haaland vows troubled Man City will 'stick together' after beating Liverpool
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Jaguars down Eagles with wild field goal finish in London
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Abhishek, Arshdeep guide India to T20 win over West Indies
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Sadaqat, Imran help Pakistan thump Sri Lanka to seal T20 series
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'Other Mommy' scares up N. American box office win
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Man City shrug off uncertain future to beat 10-man Liverpool
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Zelensky surprised, Moscow mum as Trump announces energy ceasefire
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Conservation groups alarmed at marine mammals' deaths in Spain
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Ready Player 1: Paris to host 2027 edition of EVO combat video games event
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Tens of thousands urge climate action at Brussels demo
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Bill Gates warns cyberattacks most imminent AI threat
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Norway's Hagenes wins historic Paris-Tours classic
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Lazio join Inter at top of Serie A as Roma held at Como
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Kipruto claims Chicago Marathon as Feysa defends women's title
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Trump says Russia and Ukraine agree to 'energy ceasefire'
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Forest boss Glasner loses on return to Palace, Hull hold Everton
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Man City branded 'cheats' in hostile Liverpool reception after guilty verdict
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'Sorry boys': Hamilton takes blame for botched tyre call
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Smith breaks fielding record as Australia take control of 1st Test
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Resurgent Verstappen wins Singapore Grand Prix for first time
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Smith breaks fielding record as Australia take first innings lead
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Verstappen wins Singapore Grand Prix for first time
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Saints win south coast derby after Eckert's suspended 'Spygate' ban
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Djibouti boat wreck leaves 139 migrants dead, 84 missing: UN
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Zheng beats Andreeva to become first home player to win China Open
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Drone hits Russia's Yandex in third reported attack
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Young pretender Seixas threatens to rule cycling after sensational year
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Shelton dumped out in Shanghai but Zverev ploughs on
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Serie A stalemate as Roma held by Como
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Top seed Zverev digs deep to reach Shanghai last 16
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Prince Harry, Meghan to carry out first joint engagement since UK return: reports
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Pope to be operated on for lump on lung
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Last Ceuta migrant camp removed ahead of Spanish king's visit
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India's 'cockroach' leaders vow to keep up election protests
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Ukraine to stop refinery strikes when Russia curbs energy attacks: Zelensky
'Tariff man': Trump's long history with trade wars
Donald Trump loves few things more than talking about his affinity for tariffs, but it's nothing new: he's been saying the same thing for decades.
"To me, the most beautiful word in the dictionary is 'tariff,'" Trump repeatedly said on the campaign trail for the 2024 election.
He has since joked that it is now his fourth favorite word, after love, God and family -- but his commitment to them remains as strong as ever.
The 78-year-old Republican has promised a "Liberation Day" for America on Wednesday when he announces sweeping "reciprocal" tariffs targeting any country that has import levies against US goods.
The sudden trade war has sent leading world economies scrambling -- yet anyone surprised by the onslaught has not been listening to Trump himself.
Other policies have come and gone, especially on hot-button issues such as abortion, but Trump's belief that America is being ripped off by the world has remained one of his core values.
So has his innate conviction that tariffs are the solution, despite arguments by opponents and many economists that US consumers will suffer when importers pass on increased prices.
- 'Ripping off' -
"I am a Tariff Man," Trump declared in a social media post back in 2018 during his first presidential term.
In fact, Trump has been saying as much since the 1980s.
His main target then was Japan, as Trump -- best known in those days as a brash property dealer and tabloid fixture -- discussed getting into politics in an interview with CNN's Larry King.
"A lot of people are tired of watching other countries ripping off the United States," Trump said in 1987, using rhetoric that has changed little in the intervening 38 years.
"Behind our backs, they laugh at us because of our own stupidity."
In a separate interview with chat show host Oprah Winfrey, he raged: "We let Japan come in and dump everything right into our markets."
By the 1990s and early 2000s, China entered his crosshairs, and Beijing remains one of his top tariff targets, along with Canada, Mexico and the European Union.
In his successful 2016 election campaign, Trump stepped up the rhetoric, saying: "We can't continue to allow China to rape our country."
- 'Very rich' -
During his second term, Trump has also started citing a historical precedent going back more than a century -- President William McKinley.
McKinley's passion for both territorial expansion and economic protectionism during his time in office from 1897 to 1901 could have been the model for Trump's "Make America Great Again" policies.
"President McKinley made our country very rich through tariffs and through talent -- he was a natural businessman," Trump said in his inauguration speech in January.
Trump's promises of a "Golden Age" harkens back to the so-called "Gilded Age" that culminated with McKinley's presidency, a time when America's population and economy exploded -- along with the power of oligarchs.
In addition to deploying tariffs, McKinley presided over a period of territorial adventurism for the United States, including the Spanish-American war and the purchases of Guam, Puerto Rico and the Philippines.
Such moves echo Trump's own designs for Greenland, Panama and Canada.
The two also share the unwanted similarity of being struck by an assassin's bullet -- although Trump survived the attempt on his life at an election rally last July, while McKinley was killed by an anarchist in 1901.
U.Shaheen--SF-PST