PANICKING TRUMP LOSES CONTROL ON TARIFF DAY! Worries About the US Economy

TRUMP TRIGGERS “TARIFF LIBERATION DAY” – WALL STREET IN FLAMES, US ECONOMY IN FREEFALL

Washington, 8:30 AM – In a dramatic announcement from the White House, former President Donald Trump declared “Tariff Liberation Day” — a new phrase, but with old consequences: the financial markets plunged, businesses panicked, inflation spiked, and longtime allies… turned their backs.

Ông Trump ký sắc lệnh áp thuế đối ứng với toàn bộ đối tác thương mại - Báo VnExpress Kinh doanh

“My beloved American people, today is Liberation Day,” Trump proclaimed to roaring applause from his loyalists — but the wave of economic data that followed was ice cold.

Trump Declares War on the World

No Canada. No EU. No Japan. Not even the UK. All were swept into Trump’s “tariff earthquake” — yet bizarrely, no one really knows what the actual policy is. Even Fox News appeared confused, admitting that Trump is toying with either a blanket 20% tariff or a “flexible tariff model” depending on how other countries treat US goods.

On social media, Trump posted a photo of Congressman Jim Jordan raising his hand like he was conducting the universe — but provided no actual policy documents.

Wall Street Bleeds, Americans Turn Back to Ramen

Minutes after Trump’s announcement, the markets went into freefall:

S&P 500 plunged 6.3%

Nasdaq tumbled nearly 11%

Auto stocks tanked – GM lost 5% in minutes

Panic spilled into agriculture and manufacturing. American popcorn and beef exporters lost market share in Europe. Yes — popcorn, an American cultural icon, just got crushed under “Trump tariffs.”

Allies Revolt, GOP Senators Sound the Alarm

Even Trump-aligned voices are speaking out:

“Whoever said ‘a little pain is worth it’ should talk to the farmers on the brink of bankruptcy,” warned Senator Tom Tillis.

Other GOP senators and even Fox News commentators slammed the move: this isn’t strategy — it’s “a kick to the gut of the domestic economy.”

Meanwhile, China, Japan, and South Korea Celebrate

Bloomberg warned that Trump’s proposed 25% tariffs could hand over the global auto industry to China. While Trump chants “America First,” EV CEOs in Shanghai are popping champagne.

Trump’s tariffs target components, steel, and pharmaceuticals — much of which the US imports from China and Ireland. The result: soaring production costs, drug prices likely to rise, and elderly patients become collateral damage.

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The Nightmare: Inflation + Recession = Stagflation

The latest projection from the Federal Reserve Bank of Atlanta:

Q1 2025 GDP: -1.8%

Inflation remains stubbornly high

Stagflation looms — high prices, shrinking economy

“This isn’t a mild correction. This is a direct hit to people’s wallets and their trust,” one analyst warned.

BRICS Challenges the Dollar – Trump Explodes

Just days earlier, BRICS unveiled its new currency: a gold-backed paper note built on blockchain — a bold step to unseat the US dollar.

Trump immediately lashed out:

“Any BRICS country thinking of replacing the dollar will face a 150% import tax.”

But BRICS didn’t blink. Oil trades outside the dollar surged to 20%. Cuba joined BRICS Plus, opening a new front in America’s own backyard: Latin America.

White House in Chaos – From Courts to Coal

In a chaotic press briefing, Press Secretary Caroline Leavitt lashed out at judges, attacked a judge’s wife, dodged questions about kidnapped Ukrainian children, and threw in wild conspiracies about JFK and Epstein…

When asked about the mass deportation of Venezuelans with no transparency, she pivoted entirely.

Then Trump — out of nowhere — shifted the topic to whales and coal:

“We lost 17 whales in a short time, and they’re using coal. Coal is strong. Coal is clean…”

Americans are stunned. Investors are fleeing. Confidence is collapsing.

Bottom Line:

“Tariff Liberation Day” liberated no one — it unleashed a political, economic, and financial earthquake. While rival powers rebuild a post-dollar world, Washington is playing with coal, shouting into the void, and turning its back on reality.

The big question: Is this the beginning of a global realignment — one where America is no longer at the center? And if so — who takes its place?