I wish I were making this up. Donald Trump just held what may go down as the most disastrous press event in modern American history. I watched it live, and if you care about the future of this country, you should watch my latest report. Because this event wasn’t just bizarre—it was dangerous.
Standing outside the White House like a cartoon villain, Trump proudly announced a 10% baseline tariff on every country in the world (Canada and Mexico currently exempted and being handled separately) and 25% tariffs on all foreign-made automobiles. Then he went country-by-country with a clumsy chart, inventing numbers and butchering trade policy like a deranged game show host. Markets instantly plummeted. The S&P after-hours chart basically turned into a cliff.
He talked about “cheating at the gate,” accused the European Union of robbing us, called Vietnam “great negotiators,” and said Taiwan “took all our semiconductors.” Then he started waxing poetic about the word “groceries.” Yes, groceries. “Such an old-fashioned term.” Huh?!
This isn’t funny. This is the guy who promised prices would go down on Day One. Instead, he’s crashing the economy and triggering inflation with a trade war against the planet. He thinks tariffs are some magic wand, even though history (and economists) agree they’re taxes on the American people. Tariffs hurt the middle class. That’s why we moved to an income tax system in 1913—something Trump seems to think was a global conspiracy against him personally.
He cited 1789 as America’s peak wealth era. Really, 1789? That's when the country didn’t even have electricity, but sure, let’s pretend we were all billionaires churning butter and dying at 40.
Then, of course, he attacked Canada. Because when in doubt, blame the Canadians. He claimed they “screw us” on milk and called them a national security threat—because apparently, Canada’s been the real problem all along.
At the end of his performance, Trump said we’d all look back on this day as “Liberation Day.” Liberation from what? Sanity? Logic? Economic stability?
A CNBC anchor noted following Trump’s announcement: “The market reaction after hours, I've never seen anything like it. This is worse than the worst-case scenario of the tariffs that many in the market expected.”
This is what happens when you put a bankrupt con man in charge of a global economy. The same guy who couldn’t run a casino without losing money is now trying to run the country like a reality show—and we’re all footing the bill.
Either Trump is the most incompetent man to ever touch economic policy, or he’s actively trying to destroy the United States. I think it’s both.
Watch my latest report above. If you appreciate our independent reporting, consider joining today as a paid subscriber to the Meidas+ Substack.
Add the MeidasTouch Podcast on Apple Podcasts and Spotify to keep this momentum going.
Share this post