Donald Trump refers to April 2, the day we will see the U.S. unveil its comprehensive package of tariffs, as “Liberation Day.” Make no mistake, this administration is determined to fundamentally reshape a global trading system which it now sees as incompatible with American interests.

We need to view not just what might happen next week, but also what will happen in subsequent weeks and months. You might be surprised to learn this is more bi-partisan than you think.