Happy ‘Liberation Day’!—How President Trump Revived Mercantilism and Tariffs to Defeat the Deep State Democrats and the Satanic New World Order Globalists to Reestablish U.S. as #1
“April 2nd, 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again.”
~ President Donald J. Trump, “Liberation Day” speech
“Imposing tariffs, Trump puts the end to globalization. From now on mercantilism prevails on the world scale. Global decoupling. Another step to save the world from Globalist dictatorship.”
~ Dr. Alexander Dugin, Advisor to Russian President Vladimir Putin
Mercantilism – “An economic order that sees trade as national security.”
~ Dr. Steve Turley
If tariffs are so bad, why do they [all the Nations of the world] have them? Or if the American consumers are going to pay all the tariffs, then why do they care about tariffs because they [the American consumer] are going to eat them.
~ Treasury Secretary Scott Bessant
Prologue–President Trump’s 40-Year, One-Man Odyssey to Bring America back to National Economic Security, Respect and Liberty from the World’s Unfair Trade Practices through Mercantilism and Tariffs Affecting Global Trade on Our Terms
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*N.B.: The following essay is based in part on an article by Eric Revell of FOXBusiness titled – What to know about President Trump’s ‘Liberation Day’ tariffs (04/02/2025)
Trump’s tariff agenda is the ‘path’ that America needed to be set on, Trump official says Deputy Treasury Secretary Michael Faulkender breaks down the Trump administration’s sweeping tariffs and the impact it could have on the global economy.
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President Donald Trump announced his latest plan for tariffs on Wednesday afternoon during an event at the White House Rose Garden, which he said is going to focus on imposing reciprocal tariffs on U.S. trading partners.
Trump’s “Liberation Day” tariff announcement comes after the conclusion of the trading day for U.S. financial markets, which have been rattled by uncertainty over tariffs in recent weeks. The S&P 500 is down about 3.9% year to date and the benchmark index’s gains since Trump’s election in November have been erased amid concerns about a widening trade war.
“April 2nd, 2025, will forever be remembered as the day American industry was reborn,” Trump said in remarks from the Rose Garden. “In a few moments, I will sign a historic executive order instituting reciprocal tariffs around the world. Reciprocal — that means, they do it to us, and we do it to them. Very simple, can’t get any simpler than that.”
“This is one of the most important days, in my opinion, in American history. It’s our declaration of economic independence. For years, hardworking American citizens were forced to sit on the sidelines as other nations got rich and powerful, much of it at our expense,” Trump said. “But now it’s our turn to prosper, and in so doing, use trillions and trillions of dollars to reduce our taxes and pay down our national debt, and it’ll all happen very quickly.”
What is Mercantilism and Tariffs?
Before I get too deep into the analysis of Eric Revell’s FoxBusiness article allow me to give some background history about tariffs and the economic philosophy of Mercantilism which was the dominant economic policy of Europe from the16th-18th century, where tariffs came from and why Nation-States used tariffs against one another as a primary means to raise revenue by their economic competitors (rather than the Regressive ‘Income Tax”) while protecting the national supply chains of industry which are the baseline economic engine and self-interests of the individual Nation-States.
Mercantilism is a nationalist economic policy that is designed to maximize the exports and minimize the imports of an economy. In other words, it seeks to maximize the accumulation of resources within the country and use those resources for one-sided trade. #Wikipedia
A tariff is a duty (tax) imposed by the government of a country or customs territory, or by a supranational union, on imports (or, exceptionally, exports) of goods. Besides being a source of revenue, import duties can also be a form of regulation of foreign trade and policy that burden foreign products to encourage or safeguard domestic industry.[1] Protective tariffs are among the most widely used instruments of protectionism, along with import quotas and export quotas and other non-tariff barriers to trade. #Wikipedia
Mercantilism and Tariffs are the twin economic engines President Trump is using to do something no other American President (or any leader in world history for that matter) has ever done, but only have rhetorically talked about—instituting tariffs on every country and nation of the world that has a trade deficit with America (which amounts to about $1-1.5 TRILLION annually), and to enact reciprocal tariffs at one half the amount imposed against the U.S. as a starting point of negotiations that America is done being economically exploited and, that to have the privilege (not “Right”) to do business in America will cost your $1.00 for $1.00 from now on.
Although tariffs were a main source of economic growth in America from the beginning of the Republic with President George Washington Tariff Act (1789) and later the economically stronger Tariff Act (1816) – the early 1920s, after the Smoot-Hawley Act of 1930 tariffs was blamed for the Great Depression and the Economic Crash of Oct. 1929, began to gradually fall out of favor. However, as conservative commentator Mark Levin said of Libertarian economist Milton Friedman:
The Great Depression (1929-39) wasn’t due to tariffs, it was due to monetary policy (beg. @04:45). Friedman points out that there was a severe monetary contraction by the Federal Reserve, so when the money should have been freed up for investment at the time when the economy was starting to contract he has argued that the Federal Reserve took a bad Recession and turned it into a Depression by tightening, tightening the money supply.”
After the end of World War II (1945) Economic Nationalism began to be replaced with Economic Globalism as America was viewed as the defender of the New World Order which was see as protecting a Globalist World Order vs. a Nationalist Order of a given Nation-State.
However, not everyone was happy about America being the “policeman of the World” especially from the end or World War II (1945) through the 1980s and saw our imputed role as the guardians of Europe as America being taken advantage of. For example, since the 1980s when Trump gave his famous interview on Oprah about the power of tariffs to get America back on top and the #1 economic power in the world where 95% of the economists then could only laugh at him, Trump understood history; that from America’s Golden Age (1870-1930) where tariffs were the highest that it coincided with America’s greatest 60 years of economic growth in history.
It was only when the Rothschild Central Bankers in an attempt to solidify their unconstitutional powers under Republican President Ulysses S. Grant (POTUS: 1869-77) and the secret collusion with the Rothschild Central Bankers to steal America’s Republic and turn it into a Corporate dictatorship in the passage of the treasonous DC Act of 1871 and the unconstitutional passage of the 16th Amendment and the Income Tax Act in 1913 that these Central Bankers in order to move America’s economy from tariff-based external revenue to fiat-based internal revenue which precipitated the creation of the IRS. In fact, for centuries The World has been Governed by Three Corporations: The City of London, Washington, D.C. and Vatican City.
With these 3 Globalist structures in place, there has been a growing consensus that it was the Smoot-Hawley Act that caused the Great Depression of Oct. 1929, but the Rothschild Khazarian Mafia Central Bankers purposely crashed the economy in Oct. 1929 and blamed the crash in part on tariffs. This to prompt the American public to shy away from the great weapon and engine of economic growth since President George Washington enacted the Tariff Act (1789) which was greatly built upon in the Tariff Act (1816) and particularly from 1870-1930 caused the greatest 60 years of continuous economic growth in American history.
President Donald J. Trump is in the process of once and for all decapitating this Leviathan monster, that has kept the world chattel slaves and debt slaves for centuries. Trump is in the process of destroying this 3-headed Hydra [The City of London, Washington, D.C., & Vatican City and is restoring National Economic Security through reinstituting worldwide Tariffs through the ancient economic philosophy of Mercantilism.
WALL STREET FIRMS SEE RECESSION RISK RISING OVER TARIFFS, TRADE WAR
President Donald Trump will announce his tariff plans on Wednesday [April 2, 2026]
What are the tariffs?
The executive order outlining the reciprocal tariff plan is expected to be released later on Wednesday. The president indicated that aside from the reciprocal tariffs, the administration will establish a minimum baseline tariff of 10%.
During his Rose Garden remarks, Trump held up a poster board showing what it said were the combined rate of tariffs, other non-tariff barriers and currency manipulation by trading partners on U.S. goods, alongside the reciprocal tariffs the Trump administration plans to levy on imports from those countries. The administration later revealed the calculation included the U.S. trade deficit with those countries. Among those included were:
· China: 67% tariffs, barriers, and trade deficit; 34% reciprocal tariffs.
· European Union: 39% tariffs, barriers, and trade deficit; 20% reciprocal tariffs.
· Vietnam: 90% tariffs, barriers, and trade deficit; 46% reciprocal tariffs.
· Japan: 46% tariffs, barriers, and trade deficit; 24% reciprocal tariffs.
· India: 52% tariffs, barriers, and trade deficit; 26% reciprocal tariffs.
· South Korea: 50% tariffs, barriers, and trade deficit; 25% reciprocal tariffs.
· Taiwan: 64% tariffs, barriers, and trade deficit; 32% reciprocal tariffs.
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- For further readings see the White House Fact Sheet on Tariffs
The White House released a full list of the reciprocal tariffs in a post on X:
Canada and Mexico, which are party to the U.S.-Mexico-Canada Agreement (USMCA) that Trump negotiated during his first term, did not appear in the White House’s reciprocal tariffs fact sheet. The terms of the USMCA generally lowered or eliminated tariffs on goods covered by the free trade agreement.
White House press secretary Karoline Leavitt said Monday that there are no exemptions to the tariffs, including for farmers, who were a central target for foreign countries’ retaliatory tariffs during Trump’s first term in office.
As the global markets plummeted for a second consecutive day in reaction to Donald Trump‘s tariffs announcement, the president has shared a video on social media that claims that the crash is intentional.
Trump posted a link to the video to Truth Social, his social media platform, on Friday morning. The video’s caption on X, formerly Twitter (reposted here on Newsweek), reads: “Trump is playing chess while everyone else is playing checkers.”
The video opens: “Trump is crashing the stock market…but he’s doing it on purpose.”
Trump is playing a “secret game” which could “make you rich.”
The video’s voiceover says: “So why is he doing this? To push cash into treasuries which forces the Fed to slash interest rates in May and those lower rates give the Fed the ability to refinance trillions of debt very inexpensively. It also weakens the dollar and drops mortgage rates. Now it’s a wild chess move but it’s working.”
The video continues: “You’re probably wondering what about his tariffs, well I’ll tell you; it’s a genius play. It actually forces companies to build here to dodge them, it also forces farmers to sell more of their products here in the U.S. to bring grocery prices way down. Now remember, 94 percent of all stocks are owned by only 8 percent of Americans, so Trump he’s taking from the rich short term and handing it to the middle class through lower prices.”
@wnnsa11’s video was posted to TikTok on March 15 and currently has 2.5 million views.
Aside from the reciprocal tariff plan, the Trump administration has also discussed an across-the-board tariff of up to 20%, as well as a plan to focus tariffs on 15 countries with high levels of trade with the U.S. and relatively high tariff rates. Those plans appear to have been tabled in favor of the reciprocal tariff plan.
The White House may also launch its “External Revenue Service” to oversee tariff collection by moving that responsibility from the U.S. Customs and Border Protection to the new ERS within the Commerce Department. The Trump administration contends that external companies and countries pay tariffs, though economists broadly agree that they are paid by the importing company, which would in this case be U.S. firms.
TRUMP’S ‘EXTERNAL REVENUE SERVICE’ WILL COLLECT FROM IMPORTERS, NOT ‘FOREIGN SOURCES’
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Trump imposed 25% tariffs on imports from Canada and Mexico with a carveout for a lower 10% tariff rate on Canadian energy products, then delayed those tariffs from taking effect on goods covered by the USMCA through April 2, at which time his new tariffs will replace them.
Trump previously announced 25% tariffs on auto imports, which take effect on April 3, and imposed 25% tariffs on imported steel and aluminum. Other sector-specific tariff plans that are influx include copper, semiconductors, pharmaceuticals and lumber.
As President Trump predicted Liberation Day and the enacting of worldwide tariffs on all nations that have a trade deficit with America would not be welcomed news from the politicians of the Democrat Socialist Party, from the propaganda press, nor from 95% of economists and policy analysists who were all taught in their Marxist colleges and universities that tariffs are always bad and will have the opposite result of what the tariff intends. However, history has demonstrated time and time again that these so-called “experts” are wrong about the beneficial economic benefits of tariffs over time.
U.K. Prime Minister Keir Starmer told reporters on Thursday that he would continue to “negotiate on a deal in our interests,” vowing that he would not agree to anything that did not serve the U.K.’s interests.
Italy is apparently also looking to negotiate. According to Reuters, Italian Prime Minister Giorgia Meloni said her country “will do everything we can to work towards an agreement with the United States…” Meanwhile, European Commission President Ursula von der Leyen called Trump’s tariffs a “major blow to the global economy” and vowed countermeasures but said Europe is looking to “go from confrontation to negotiation.”
“We are already finalizing a first package of countermeasures in response to tariffs on steel. And we are now preparing for further countermeasures, to protect our interests and our businesses if negotiations fail,” von der Leyen said. Add China and Canada’s reciprocal tariffs to match Trump = the end of China as an economic powerhouse and military threat and Canada will become America’s 51st state sooner than they thought.
Illustrating the utility of tariffs as an engine of change, President Trump also said the tariff announcement has resulted in a stampede of countries beating a path to his door to try and strike new deals to minimize their own exposure. He said: “Every country has called us, that’s the beauty of what we do, we’ve put ourselves in the driving seat. If we’d asked most of these countries to do us a favour, they’d have said no, now they’ll do almost anything for us… the tariffs give us great power to negotiate”.
It appears that the two leading nations, China and Canada will be the first to retaliate against America for the tariffs imposed upon them by President Trump on Liberation Day (April 2nd). China will retaliate against Trump’s with 34% tariffs on U.S. imports. Canada hit back with matching 25% tariffs on U.S. cars. However, not all nations are responding negatively against Trump’s reciprocal tariffs. For example, Vietnam and Israel are in negotiations to remove all U.S. tariffs.
What’s next?
The Trump administration’s “Tariff Team” has been working on structuring the tariffs and negotiating with a number of other countries. The team includes President Trump, Treasury Secretary Scott Bessent, Commerce Secretary Howard Lutnick, U.S. Trade Representative Jamieson Greer and National Economic Council Director Kevin Hassett.
Leavitt said Tuesday that “quite a few countries” have reached out to the Trump administration to discuss ways to lower tariffs.
Add narrative (mention the long line of nations wanting to get to “Net 0 Tariffs” with the U.S. is presently at 70+ nations of the world, but experts believe as panic sets in that Trump means business, that that number will reach all 200+ nations of the world who want to pay a baseline 10% non-reciprocal tariff just to have the privilege of doing business with America. “My advice to foreign leaders is that if you have not already reached out to President [Trump], you need to do so immediately. Trump is, at his core, a dealmaker who sees the world as a series of transactions,” Ackman wrote in a post on X. He characterized the president as a “tough, but fair negotiator.” “He loves to make deals, and he loves to get things done promptly,” Ackman.
The famous investor made a similar remark on Wednesday night, predicting that countries who are quick to come to the negotiating table will get better deals than those who wait. Ackman isn’t the only one urging world leaders to act quickly. Eric Trump, the president’s son, agrees.
“I wouldn’t want to be the last country that tries to negotiate a trade deal with [Trump]. The first to negotiate will win – the last will absolutely lose. I have seen this movie my entire life…,” the president’s son wrote on X.
HOW MUCH DID TRADE WAR RELIEF COST DURING TRUMP’S FIRST TERM?
Tariffs are taxes on imports that are paid by the importer when the tariffed good enters the country.
The Trump administration has suggested the tariffs — which are taxes on imported goods — could serve several purposes, such as increasing federal tax revenue to offset other tax cuts, encouraging the reshoring of manufacturing, or as a negotiating tool to reduce tariffs among U.S. trading partners.
Those goals are contradictory in some respects: Tariffs that are imposed and later removed through negotiations resulting in lower trade barriers generate less tax revenue and remove the incentive for reshoring. Similarly, if companies move operations to the U.S. to avoid tariffs, the government would collect less tax revenue.
Conclusion
President Trump and his administration’s end goal for its tariff plans is, as well as the status of its talks with America’s trading partners. This is not the end of negotiations with all the nations of the world who has a trade deficit with U.S. (= all NATIONS!) This is just the beginning of negotiations according to Trump’s Press Secretary, Karoline Leavitt.
Thus as I stated earlier, President Donald Trump announced a new 10 percent across-the-board tariff on all imports, along with reciprocal duties targeting specific trade partners, including China, the European Union, India, Japan, and South Korea. Tariffs on Mexico and Canada will remain unchanged. Declaring the move as a victory for American industry, Trump said, “April 2nd, 2025, will forever be remembered as the day American industry was reborn, the day America’s destiny was reclaimed, and the day that we began to make America wealthy again.”
Trump justified the tariffs by citing unfair trade practices that he said have harmed U.S. farmers and ranchers. “Today’s actions [are] also standing up for our great farmers and ranchers who are brutalized by nations all over the world,” he said, pointing to high Canadian dairy tariffs and European Union restrictions on American poultry. He also criticized Australia for banning U.S. beef while benefiting from $3 billion in beef exports to the U.S. last year.
Epilogue I – Trump’s 1988 Oprah Interview teasing if he would run for President
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For those who have followed the economic philosophy of Donald Trump for a while, we understand that Trump’s thinking on tariffs is not new. For example, in a 1988 interview with Oprah Winfrey, then a US Presidential hopeful Donald Trump (or at least a V.P. on the George H.W. Bush ticket) highlighted his stance on making American allies pay their fair share, citing trade issues with Japan and Kuwait. He criticized these countries for their unfair trade practices and luxurious lifestyles subsidized by the US while announcing new tariffs on imports.
US President Donald Trump’s TV interview from 1988 is doing the rounds on the internet, where he is seen saying that he would make American allies “pay their fair share”.
In the clip, which has gone viral after the US President imposed sweeping tariffs, Trump had cited examples of trade with Japan and Kuwait.
“They knock the hell out of our companies,” Trump said in the 1988 interview with Oprah Winfrey.
“I’d make our allies, forgetting about our enemies, the enemies you can’t talk to easily, I’d make our allies pay their fair share. We are a debtor nation. Something is going to happen over the next number of years with this country because you can’t keep on going on losing two hundred billion and yet we let Japan come and in and dump everything right into our markets. It’s not free trade,” Trump said.
1996 Speech before Congress—Before Rep. Nancy was bought and paid for by the Communist Chinese on Tariffs – FoxNews Host Jesse Watters said ‘Pelosi sounded like Trump in a pantsuit’
Also, an old video of Rep. Nancy Pelosi, D-Calif., urging Congress to retaliate against China’s tariffs against the United States is going viral for how much it sounds like President Donald Trump’s current tariff policies.
The video, recorded on the House floor in June 1996, featured the lawmaker urging her colleagues to fight against the “status quo” trade policies that had contributed to America’s trade deficit with China. She specifically called on lawmakers to address the fact that American tariffs on Chinese goods paled in comparison to Chinese tariffs on U.S. goods.
“In terms of tariffs, it’s interesting to note that the average U.S. MFN [Most Favored Nation] tariff on Chinese goods coming into the United States is two percent, whereas the average MFN tariff on U.S. goods going into China is 35 percent.”
The congresswoman asked, “Is that reciprocal?” She also went on to call the U.S.-China trade relationship a “job loser.”
Bolshevik Bernie Sanders Aggressively support Tariffs (2008)
And let’s not forget the insufferable Socialist Senator from Vermont (via New York) Bernie Sanders who in a 2008 speech before Congress essentially stated an aggressive Pro-TARIFF policy:
Further what they have said is that we need to not worry about manufacturing in America because what we should establish is a policy of unfettered free trade. We don’t need tariffs. What we need is to allow corporate America the freedom – the freedom to throw American workers out on the street. People are making 15, 20, 25 bucks an hour, healthcare pensions, throw them out on the street because somehow Madam President we are going to create wealth in America and good paying jobs in America as we shut down plants.
We move to China, corporations there pay workers 20, 30 cents an hour and we bring the product back into this country. And anyone who goes shopping in a mall knows how difficult it is today to find [a] product made in America. But that is the philosophy and I have to say in that regard the champion and he is honest on this one. Senator McCain has been criticized recently for not being the most honest candidate we have seen … He is the lead advocate of unfettered free trade and that’s also an important part of this right-wing ideology that it is good for America that corporations can go to China and bring products back into this country.
Free trade without tariffs will destroy American manufacturing, but now that President Trump has enacted tariffs (not just disingenuous rhetoric that most all presidents and presidential candidates have spewed since the Income Tax Act of 1913, Bernie now has strangely fallen silent on the tariff issue.
And now right on cue Bolshevik Bernie has flip flopped and call Trump’s tariff policies “unacceptable.”
The point here was Pelosi, Sanders and the Democrat Socialist Party lying about tariffs being good 30 years ago and bad now since Trump is proposing and implementing them against every nation of the world? Leftist hypocrisy knows no bounds!
This brings to mind this wise aphorism by the French Journalist-Novelist, Alphonse Karr –
President Trump at that historic Liberation Day Executive Order signing event in the White House rose garden created a new acronyms – #MAWA = Make America Wealthy Again.
Epilogue II – President Trump’s Tariffs = The End of Globalization, Deputy Chief of Staff, Mr. Stephen Miller explains how Trump’s Tariffs will end Globalization and usher in the Golden Age of Capitalism which is Free and Fair Trade
In an insightful interview on FoxNew’s Laura Ingraham Show Trump’s Deputy Chief of Staff, Stephen Miller gave a Master Class on what future Historians will call Trump’s enacting tariffs on virtually every country in the world on April 2, 2025, which Trump called “Liberation Day” to be perhaps the most important day in American history—
STEPHEN MILLER: What is Globalization? What is this economic policy that our Elites in the United States, our so-called Elites have had for the last half century, Democrat and Republican? Globalization is the redistribution of American wealth to foreign countries. It is a formal policy of trying to develop foreign nations at the expense of the US working and middle class. Trillions and trillions of dollars that would be in the pockets of American workers is now in China, Cambodia, Vietnam, Thailand, Canada, Mexico – all across Africa, all across Asia. It is the great theft of American prosperity – Prosperity that was won through our victory in multiple wars.
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We left World War II as the dominant economic, unipolar superpower. And instead over the ensuing decades, all of that wealth, all of that manufacturing, all of that industry was ripped apart by our elites, shipped to foreign countries, and they sent U.S. the bill.
How Stephen Miller Manipulates Donald Trump To Further His
Immigration Obsession by Jonathan Blitzer (New Yorker, 02/21/2020)
They said, “You have to protect Korea, you have to protect Europe, you have to protect Canada, you have to protect Japan. We won’t take your cars. We won’t take your agriculture. We’ll take away your steel industry, your aluminum industry, your copper industry, your electronics industry. All of the national industries that you need to be secure and successful as a country. So what President Trump is saying is, these are the injustices you have to remedy.” *
In my opinion Stephen Miller is President Trump’s most prepared, intelligent and capable spokesman in his second administration. I hope that Miller will continue to be the tip of the spear in explaining all policy initiatives coming out of the iconic and historical Trump administration — after 2 months is already the greatest POTUS in American History.
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