US President Donald Trump's tariffs were "ill-conceived, game show-style antics" which have only created "more economic chaos", campaigners have said on the one-year anniversary of his so-called 'Liberation Day'.
The milestone comes just weeks after Trump's trade policies received a slap down from the US Supreme Court, with the administration ordered to issue refunds to small businesses affected by the levies.
It marked a setback for the President, but US tariffs are still at their highest level in decades, at an average rate of 10%, up from 2.5% at the start of 2025.
Naomi Smith, Chief Executive of Best for Britain, which campaigns for closer UK-EU ties and has polled the UK public’s widespread collapse in trust in the US, said:
“Trump claimed April 2nd, 2025, would ‘forever be remembered as the day we began to make America wealthy again’ - but his ill-conceived, game show-style antics have failed, only creating more economic chaos with groceries costs higher for seven in 10 Americans.
“Meanwhile, businesses in the UK and across the globe are facing spiralling prices and rising uncertainty, first from Trump’s laughable tariffs, and now from the far more serious consequences of his war in Iran, making it all the more urgent that the UK and EU co-ordinate deeper alignment across all industrial and service sectors: offering us both an economic umbrella, as Brits lose their faith in the so-called special relationship.”