Trump’s new budget signals the demise of 'liberation day'

"Five Years On: Trump's 'Liberation Day' Tariffs Ring Hollow. It's been five years since former President Donald Trump imposed tariffs on billions of dollars' worth of Chinese goods, marking what he dubbed 'Liberation Day' for American workers. However, a closer look at the impact of these tariffs reveals a far more complex reality. Despite Trump's promise to level the playing field for US manufacturers, many experts argue that the tariffs have instead led to higher prices for American consumers, increased costs for businesses, and a decline in US exports to China. As the anniversary of these tariffs approaches, questions are being raised about the true cost of Trump's economic policy and whether it has achieved its intended goals."

If the anniversary celebration for Trump’s “liberation day” tariffs didn’t already ring hollow, it should now.