Dear Leader's 'Liberation Day' (Of Your Money From Your Wallet) Is Wednesday, Blessings Be!
Welp, on or about Wednesday, some kind of big fat new tariffs are coming. That Man and Commerce Secretary Howard Lutnick have taken to calling it, “Liberation Day,” because they love slogans and are wacked out of their gourds. Liberation from what? A Hyundai that doesn’t cost $100,000? Is Liberation Day the new Infrastructure Week? Is Trump going to build a great big financial wall, and give his oligarch buddies big tax cuts and liberation from laws and regulations? And you, American consumers, are going to pay for it?
Exactly how much this next round of tariffs will be and upon whom, no one knows, and Trump’s goldfish brain has not even fully decided yet. One “White House ally close to Trump’s inner circle” told Politico: “No one knows what the fuck is going on. What are they going to tariff? Who are they gonna tariff and at what rates? Like, the very basic questions haven’t been answered yet.”
On Sunday, That Man chuntered to reporters that maybe he’s just going to tariff EVERYBODY: “You’d start with all countries, so let’s see what happens.” Last week, he suggested that concessions could be made for some countries. While campaigning, he said tariffs on goods from China might get as high as 60 percent. The current tariff rate is already the highest it has been since the 1940s, and there’s already higher tariffs on $800 billion worth of goods. The Washington Post did a very nice infographic to help you visualize the current state of the fickleness of his brain.
Over the past 70 days Art O’Deal’s threats about tariffs have been on, and off, doubled, halved, with more drama than a Mexican soap opera, while he savors the attention and pleadings from prime ministers and CEOs begging him with tears in their eyes to not burn down everybody’s economy.
Anyway, whatever they are going to be, he will announce them Wednesday!
The $800 billion in tariffs he’s levied so far have already done a shit-ton of damage. American products are being boycotted around the world, companies and countries are already changing trading partners and manufacturing suppliers — a big fucking hassle not easily reversed — and American companies have already paid billions in retaliatory tariffs from China and Canada, too, with more on the way from the EU. But fake hair don’t care.
https://www.wonkette.com/p/dear-leaders-liberation-day-of-your
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