Liberation Day?  Tariffs Are Tarrifying . . . And Enslaving (April 7, 2025)

. . .

K          “Markets do not like uncertainty.”

J          “I certainly do not like uncertainty.  His cherished barometer of success – the stock market – is certainly plunging.”

. . .

J          “Trade wars are wars.  No ‘buts, ands or ifs’ about it.  Trumpi has declared war on the world and on Canada and on Mexico and on Greenland and on Denmark and on Panama and on Europe and on . . . name a country.  He is making enemies out of friends.”

K          “The tariffs are not in our national interest.  World War E for Energy.  World War T for Trade.  World War III for War.”

. . .

K          “The cost in lost trust will continue to throw its shadow for generations.  His blunder is on a par with the grievous and obscene decision by Biden’s handlers to steal Russian assets.”

J          “The loss of trust cannot be voted out in two years.  The long term consequences to the country are even greater than the impact of a Supreme Court Justice.  The shadow is long and ominous.”

. . .

[See the e-commentary at Tariffs, Taxes, Trade, Trends (August 26, 2019), Terrorized By Trumpi’s Tariffs (March 5, 2018), Tariffs Are Tarrible.  Oh, And Happy Bastille Day! (July 16, 2018) and ‘Mericanize:  Monetize, Mechanize And Militarize (December 30, 2013).]

Bumper stickers of the week:

Friends come and go, but enemies accumulate.

“It was worthwhile making sure of your potential friends.”  C.P. Snow

“As a rule you couldn’t win over your enemies, but you could lose your friends.”  C.P. Snow

Nations have interests not friends.

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