This will be a big moment, I think youre going to remember today.
Its going to be a free nation that were dealing with, Trump said Wednesday.
Were going to have a very free and beautiful nation.
Donald Trump holds a tariffs poster during a speech in the Rose Garden of the White House in Washington, DC, US, on Wednesday, April 2, 2025.© Kent Nishimura/Bloomberg via Getty Images
Its gonna be Liberation Day in America.
The newspaper doesnt specify the time zone but that would presumably be Eastern time.
Why is that incredible?
Because the Heard and McDonald Islands areuninhabited.
He literally does not understand the concept of comparative advantage, Surowieckitweeted.
But virtually every economist in the world believes that Trumps new tariffs will jack up prices on everything.
S&P 500 Futures fell 2.2% during Trumps announcement, according to theWall Street Journal.
Its unclear whether such legislation, which is expected to be taken up today, will actually pass.
But even if it passes the Senate, it would be dead on arrival in the House.
Anthony Albanese said the tariffs were not the act of a friend.
President Trump referred to reciprocal tariffs.
A reciprocal tariff would be zero, not 10%.
And it sounds like the Israelis arent happy with Trumps new tariffs either.
Israel just dropped all tariffs on U.S. goods on Tuesday.
We are in shock.
We were sure that the decision to completely cancel tariffs on imports from the U.S. would prevent this move.
But it didnt happen, Stein quoted the officials as saying.
Meanwhile, Trumps goons tried to calm everybody down.
Treasury Secretary Scott Bessent appeared on Bloomberg TV after Trumps announcement.
I would advise none of the countries to panic, Bessent said, according to theWall Street Journal.
Most economists think it will only be the latter.
And the markets clearly believe the same, with stocksabsolutely crateringin after-hours trading.
News from the future, delivered to your present.
Trump Plans Private Dinner for Largest Buyers of $TRUMP Crypto
Trump’s corruption knows no bounds.
