President Trump declared a “Liberation Day” from globalism, announcing sweeping tariffs on most foreign imports. The plan includes a 10% baseline tariff on all nations and reciprocal rates as high as 34% on countries like China. Financial experts say this marks the biggest structural shift in U.S. trade since Nixon ended the gold standard. JPMorgan warned the tariffs could trigger a recession and push inflation to 4%. European and Asian leaders condemned the move, with Macron urging companies to halt U.S. investment and the EU preparing countermeasures. Trump’s policy is remaking the global economic system—one tariff at a time.

Rick Wiles, Doc Burkhart. Airdate 4/3/25

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