It has been over three months since this.

My fellow Americans, this is Liberation Day, waiting for a long time.

That's when President Trump announced very big, across-the-board tariffs on imports from nearly every territory on Earth, including uninhabited islands.

A move that he said would revitalize the U.S. economy.

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.

From the very start, most economists and CEOs had a very, began to make America wealthy again.

From the very start, most economists and CEOs had a very different prediction.

Larry Fink, head of the investment company BlackRock, summed it up succinctly. Most CEOs I talked to would say we are probably in a recession right now.

Now, since that splashy White House announcement, the tariff rates have been a wildly moving target.

Ratcheted up, then back down on China specifically, overlaid with global product-specific tariffs on categories like automobiles and copper,

partially paused after the stock market taint.

And through it all, the tariff rate has remained at or well above 10% on nearly every good imported to the U.S.

And if you have listened to NPR's reporting since April, you will have heard many voices make one particular prediction over and over again that American

consumers will pay the price, like Jay Foreman, whose company makes toys like Tonka trucks,

Light Bright, and Care Bears.

Those tariffs will start to affect the price of goods.

Once you get above 10%, that's going to be a pass-along.

Or Julie Heckman, who heads the

American Pyrotechnics Association, a fireworks industry group, and of course, she had a fireworks

pun. I would anticipate that most people are going to get a little less bang for their buck this

year. Or Nobel Prize winning economist Paul Krugman.

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