In the classic 1924 Giacomo Puccini opera Turandot, the famous “Nessun Dorma” aria concludes, “At dawn, I will win! I will win! I will win!” It was not at dawn, but President Donald Trump did declare victory against the globalist machine when he unveiled the contours of his sweeping tariffs. At an April 2 White House Rose Garden event, the president released details of his long-awaited pursuit of reciprocity.
New Tariffs Are in Town
President Trump will impose a universal baseline tariff of 10% on all imports, effective April 5 at 12:01 a.m. Higher but discounted reciprocal tariff rates will be implemented on countries making the “worst offenders” list; those will go into effect on April 9 at 12:01 a.m. Soon after his speech, Trump signed an executive order to begin the process of enacting tariffs. “Reciprocal. That means they…
