Trump Tariffs & Liberation Day

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President Trump announced a baseline 10% tariff on U.S. imports, with steeper reciprocal levies on goods from Europe, Japan, China, and more than 50 other nations. The problem is that he will be blamed for the recession/depression the world is headed into, which will not bottom until August 25th, 2028. Economists widely criticized tariffs for deepening the global trade collapse during the Great Depression. The Smoot-Hawley tariffs were targeting agriculture because they did not understand currency. I disagree with what Trump is doing with tariffs. Some are justified where the EU is very abusive, for they are still living in the days of Marxism. You keep high tariffs to protect local jobs at the expense of your living standards. Citizens must pay 20% more for goods made domestically because they are subsidized by blocking imports from other provinces, as inside Canada, or nations…

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