Troubles Ahead In The Donald’s Great Hall of Reciprocal Trade Negotiations, Part 5

It truly goes from bad to worse. Yet the Donald has no clue that April 2nd is going to be an economic Demolition Derby Day, not a Liberation Day as he posted in response to the Fed’s sensible decision to pause its rate cutting campaign.

Of course, Trump was having none of it. In essence he was barking out loud via social media that the Fed should continue to cut rates and thereby “accommodate” his plan to sharply raise the tariff burden on $3.3 trillion of imports coming into the US—along with the very certain retaliatory burden that would hit $2.1 trillion of US export sales abroad shortly thereafter.

“The Fed would be MUCH better off CUTTING RATES as U.S. Tariffs start to transition (ease!) their way into the economy. Do the right thing. April 2nd is Liberation Day in America!!!”