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America Gets Even: Trump Launches ‘Reciprocal Tariffs’

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Posted By: Moritz55, 4/3/2025 11:05:08 AM

Richard Nixon ended the Gold Standard, Bill Clinton ratified NAFTA, and Donald Trump – no less ambitious in his aims – today announced a series of sweeping retaliatory tariffs designed to reorder the global trade system established in the wake of the Second World War. The president began with a picture of American carnage in the Rose Garden and repeated the theme of his decade in politics. He said that the country had been “looted, pillaged, raped, and plundered” by trading partners, both adversaries and allies alike. “Taxpayers have been ripped off for more than 50 years,” he told a crowd at the White House that

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Reply 1 - Posted by: Strike3 4/3/2025 11:26:32 AM (No. 1926010)
"Do unto others as you would have them do unto you." Common sense.
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On April 2nd, President Donald J. Trump did something no other modern president has had the spine to do. He declared “Liberation Day” and slapped sweeping tariffs on the very nations that have been gutting the American economy for decades. A 10 percent universal tariff across all imports. Targeted, punitive tariffs up to 34 percent on bad actors like China. And guess what? We should be furious—not at Trump—but at the spineless presidents before him who let things get this bad in the first place. Let’s be clear: these tariffs didn’t start a trade war. They responded to one.
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America Gets Even: Trump Launches ‘Reciprocal Tariffs’ 1 reply
Posted by Moritz55 4/3/2025 11:05:08 AM Post Reply
Richard Nixon ended the Gold Standard, Bill Clinton ratified NAFTA, and Donald Trump – no less ambitious in his aims – today announced a series of sweeping retaliatory tariffs designed to reorder the global trade system established in the wake of the Second World War. The president began with a picture of American carnage in the Rose Garden and repeated the theme of his decade in politics. He said that the country had been “looted, pillaged, raped, and plundered” by trading partners, both adversaries and allies alike. “Taxpayers have been ripped off for more than 50 years,” he told a crowd at the White House that
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