Thurs Blogcast: Liberation Day (ugh)

Note: I have a 90-minute show today because of an early Rockies game...

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Liberation Day

President Trump is liberating you...from your money, from your choices, and potentially from your job.

Trump Announces 10 Percent Tariff on All Trading Partners, Steeper Rates on 'Worst Offenders' | National Review

5 takeaways from Trump’s major tariff announcement

GOP senators vote with Democrats to undo Trump tariffs on Canada

READ THIS: Trump’s New Protectionist Age - WSJ

See the line that start with “Many of my clients”: China’s Tariff-Dodging Move to Mexico Looks Doomed - WSJ
This article is also interesting for touching on some of the secondary and tertiary effects of the massive move of Chinese companies into Mexico (which, by the way, I understand why Trump would have a problem with.) For example, the fact that they Chinese are creating so many jobs in Mexico that they're likely significantly reducing the interest of Mexicans to illegally come to the United States. There are so many secondary and tertiary effects of trade that Trump doesn't consider and they are the most important effects.

Some thoughts as I posted them on X/Twitter

And the quick analysis from one of the best analysts in America

Today's Guest


Misty Skolnick is co-owner of Uncle Jerry's Pretzels.

We'll discuss the Impact of tariffs on the US baking industry, and especially on small baking businesses

Tariffs could cost baking industry $454 million, ABA finds | Baking Business

I note that I had booked this interview before Trump's announced tariffs yesterday...happy for the timeliness.

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Today's Video

h/t listener Andy

I'm trying to understand the science, but note that this is happening in zero or "micro" gravity and see the additional replies that somewhat explain the science...


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