April 2, 2025: A Day of Economic Lunacy, Not Liberation

4/6/26
TARIFFS
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A year ago this week, President Trump walked into the White House Rose Garden, held up a poster board with nonsensical tariff rates on imports from virtually every country in the world, and declared April 2, 2025, “Liberation Day.” He told the audience that it would be “remembered as the day American industry was reborn” and that it was “one of the most important days … in American history.” The president declared, “We import virtually all of our computers, phones, televisions and electronics.” He promised that jobs and factories would “come roaring back” and that the US would reduce its re

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