The Daily Dish
April 2, 2025
Liberation Day
There once was a man from Mar-a-Lago
Who hated the idea of inbound cargo
So he declared himself sheriff
And jacked up tariffs
Slowing us to recessionary tempo.
Fact of the Day
Assuming the Trump Administration utilizes a country-by-country approach with a weighted average tariff rate, reciprocal tariffs will cost U.S. consumers and firms between $26.3–34.5 billion in the first year.
