Tariff Carnage: Trump's ‘Liberation Day’ Wipes $2 Trillion, Adds $3,800 in Costs for Families
DOGE (Department of Government EXTINCTION) TRACKER UPDATE
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DOGE v. US Economy
🔴 UPDATE: April 3, 2025
Tariff Shock Triggers Market Crash, Price Hikes, and Growing Stagflation Fears
The full weight of Trump’s “Liberation Day” tariffs is crashing down on the U.S. economy—and it’s only day one. Markets are in freefall, trade partners are preparing retaliation, and the Trump regime’s own numbers reveal what they’re really doing: raising your prices to fake a “manufacturing boom.”
The Orwellian absurdity of calling this “Liberation Day” couldn’t be clearer. This isn’t liberation for working Americans—it’s economic imprisonment. The only ones being freed are the corporate elites, who now get to exploit chaos while the rest of us foot the bill.
This isn’t policy—it’s punishment. And it’s aimed squarely at American families.
Key Developments:
• Average Tariff Rate Soars to 22.5%—Highest Since 1909
According to Yale’s Budget Lab, the new tariffs bring the U.S. effective average tariff rate to 22.5%, the highest in over a century—surpassing even Smoot-Hawley levels from the Great Depression.
Source: AP News
Markets Crash as Investors Brace for Worst
The Dow plunged over 1,300 points, while tech and retail stocks tanked across the board. Bank of America projects S&P 500 earnings could fall between 5% and 32% depending on retaliation.
Source: Business InsiderConsumer Prices to Jump—Up to $3,800 More per Year
Yale Budget Lab estimates a 2.3% jump in inflation from the tariffs, costing U.S. households an average of $3,800 a year. The tariffs announced on April 2 alone will drive up costs by $2,100 per household.
Source: AP NewsTrump’s Own Math Confirms Price Increases Are the Point
The White House now openly admits that tariffs are meant to raise prices. According to their own formula, every 10% tariff will increase prices by 2.5%.
Source: NPRTrading Partners Threaten Retaliation and Investment Freeze
China, the EU, and South Korea are threatening countermeasures. France has called for suspending EU investment in the U.S., and Canadian PM Mark Carney says the U.S. has abandoned its role as a global partner.
Source: ReutersEven the Poorest Countries Hit With 50% Tariffs
Nations like Lesotho (50%) and Cambodia (49%)—many of which barely trade with the U.S.—were slammed with tariffs higher than those on China or India. Norfolk Island was hit with a 29% tariff.
Sources: AP News, The GuardianLayoffs and Production Cuts Already Underway
Stellantis is laying off workers and shutting down North American plants. General Motors says it will increase U.S. production to brace for tariff shocks.
Source: ReutersStock Market Wipeout Since Inauguration
Since Trump took office, the Dow Jones is down 7.1%, the Nasdaq is down 10.9%, and the S&P 500 is down 6.3% as of April 3.
Sources: Yahoo Finance – S&P 500, Dow Jones, Nasdaq 100
The Real Story: Who Wins and Who Pays the Price?
The oligarchs win—again. Mega-corporations can shift supply chains and hide behind profit margins. But the rest of us? We’re the ones left with higher grocery bills, shrinking retirement accounts, and pink slips.
This is textbook Trumpism: torch the economy, blame foreigners, and hand the ashes to Wall Street.
🔍 Why This Matters:
Every economic crisis this regime sparks is another excuse to grab more power. The goal isn’t prosperity—it’s chaos. And out of that chaos, they hope to build a new order where accountability, transparency, and fairness are dead.
This isn’t just bad policy. It’s a blueprint for economic authoritarianism.
🚨 The Bottom Line:
Markets are crashing. Prices are rising. Retaliation is coming. And it’s not because Trump failed—it’s because this is exactly what he meant to do.
He’s not protecting your job. He’s sacrificing it to build an empire of fear and control.
📌 Sources:
AP News: What to know about the Trump tariffs upending global trade and markets
Reuters: Trump's tariffs spur trade war threats, fears of pricier iPhones
The Guardian: Trump’s tariffs – five key takeaways
NPR: How much will tariffs raise prices? Trump's economists just revealed their answer
Business Insider: Stocks are cratering after tariffs. Here's what's next for markets.
Yahoo Finance – S&P 500: ^GSPC
Yahoo Finance – Dow Jones: ^DJI
Yahoo Finance – Nasdaq 100: ^NDX
Join the Fight, Amplify the Truth
Because silence is surrender. We never surrender. We are #TheRelentless.
Grocery & food producer stocks are up. No surprise there. :(