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　　Liberation Day is proving to be wildly entertaining already!

　　And you can just feel the energy and excitement in the air, can’t you?

　　I sure can.

　　I can read the body language from President Trump and his team and they’re all extremely light, happy, energetic, optimistic.  The body language and energy is off the charts and you only typically see that when you combine people who are highly capable, working on a big projects and knowing that you are going to win.

　　It’s the exact same body language I saw from Michael Jordan and the 1998 Bulls, remember that?

　　Sure they still had to actually play the games and go out and win, it wasn’t gifted to them, and yes they took each game very seriously, but there was also just this “extra” air about them.  An extra “air” about “His Airness” if you will.

　　If you lived through it, or if you’ve watched The Last Dance, you know exactly what I’m talking about.

　　Some people call it “being in the zone”.

　　You’re at the absolute peak of your game and time almost seems to slow down around you as you execute your plays and your plans.

　　That’s what I see from the Trump Team right now.

　　And it was on full display this afternoon as President Trump just held a Rose Garden Press Conference to announce the reciprocal tariffs will be “kind tariffs”.

　　You gotta love this guy:

　　Basically, we all expected that “reciprocal tariffs” meant 1:1 but President Trump just told us that’s not the case.

　　No, in most cases it will be 50% only.

　　In other words, if China tariffs us 68%, we will tariff them back 34%, exactly half.

　　How can anyone be mad at that?

　　Oh I’m sure they will be, but give me a break!

　　So all these countries have been taking advantage of us and ripping us off for years, and then we step in and say “ok, we’re going to do it back to you, but only at half speed because we’re nice” and then they cry foul.

　　GIVE.

　　ME.

　　A.

　　BREAK.

　　President Trump is the hero we don’t deserve, but I’m so glad we have him!

　　This should have been done decades ago.

　　Actually, it’s more like a century and a decade ago.

　　Actually further, it already WAS done 110 years ago, and then we foolishly stopped and established the IRS instead.

　　Watch President Trump very hilariously speak about that history and why we suddenly stopped tariffs and established the IRS in 1913….gee, I wonder what else happened in 1913?

　　What could it be?

　　Think….think!!!

　　Oh yeah, the Creature From Jekyll Island (and for those that don’t know, that would be the root of all evil, the Federal Reserve Bank was established)!

　　Back to tariffs….

　　Watch this short clip as President Trump explains exactly what is going on here:

　　Here is a closer look at those charts:

　　

　　You gotta love this guy!

　　Thank you for evening the playing field Mr. President!

　　You can watch the FULL press conference right here:

　　Before you go, you might want to check this out too:

　　Liberation Day is turning out to be a lot of fun already, and we're not even to Noon yet!

　　I just posted this report about Ontario's Doug Ford folding like a cheap suit:

　　In that report, I had a rant about how badly the USA has been treated by the world for the last 50 years....

　　Fraud, waste and abuse is not just limited to the Federal Government, the entire world has been ripping us off!

　　I included an example of a Bank Executive stealing from his bank that I think really puts it all into perspective, and I'll repost that full report down below in case you missed it.

　　But now I want to advance the discussion and tell you why reciprocal tariffs are not actually reciprocal at all...and why that's really good news for the USA!

　　Below is a report comparing U.S. exports and imports with the top 20 countries by total trade volume with the U.S. in 2024, based on data available as of April 2, 2025. The table includes U.S. exports to each country, imports from each country, the trade balance (exports minus imports), and a hypothetical column showing the net revenue to the U.S. from applying a 25% reciprocal tariff on imports from each country, adjusted for the trade imbalance. All values are in billions of U.S. dollars and reflect goods trade data for the full year 2024, sourced from the U.S. Bureau of Economic Analysis and U.S. Census Bureau reports, particularly the "U.S. International Trade in Goods and Services, December and Annual 2024" release. Services trade is excluded to focus on goods, which dominate the trade deficit and are subject to tariffs.

　　The "top 20 countries" are ranked by total trade volume with the U.S. (exports + imports). The hypothetical 25% reciprocal tariff assumes the tariff is applied to all imports from each country, with no retaliation or changes in trade volume, and calculates net revenue as 25% of imports minus any loss from reduced U.S. exports if the country retaliates symmetrically (though retaliation is not modeled here for simplicity). A negative trade balance (deficit) increases net tariff revenue, while a positive balance (surplus) reduces it. Figures are rounded for clarity.

　　Country

　　U.S. Exports to Country ($B)

　　U.S. Imports from Country ($B)

　　Trade Balance ($B)

　　25% Reciprocal Tariff Net ($B)

　　Mexico

　　324.6

　　496.8

　　-172.2

　　124.2

　　Canada

　　349.1

　　413.0

　　-63.9

　　103.3

　　China

　　147.8

　　442.8

　　-295.0

　　110.7

　　Germany

　　73.0

　　157.8

　　-84.8

　　39.5

　　Japan

　　80.0

　　147.8

　　-67.8

　　37.0

　　South Korea

　　66.8

　　121.8

　　-55.0

　　30.5

　　Vietnam

　　12.8

　　135.8

　　-123.0

　　34.0

　　Taiwan

　　47.0

　　112.8

　　-65.8

　　28.2

　　India

　　43.8

　　96.8

　　-53.0

　　24.2

　　Ireland

　　16.0

　　103.0

　　-87.0

　　25.8

　　Italy

　　25.8

　　70.8

　　-45.0

　　17.7

　　Netherlands

　　81.0

　　25.5

　　+55.5

　　6.4

　　Switzerland

　　20.0

　　62.0

　　-42.0

　　15.5

　　United Kingdom

　　71.8

　　60.0

　　+11.8

　　15.0

　　France

　　42.0

　　58.0

　　-16.0

　　14.5

　　Malaysia

　　18.0

　　53.0

　　-35.0

　　13.3

　　Thailand

　　14.0

　　48.0

　　-34.0

　　12.0

　　Singapore

　　42.0

　　25.0

　　+17.0

　　6.3

　　Brazil

　　45.0

　　35.0

　　+10.0

　　8.8

　　Australia

　　35.0

　　17.0

　　+18.0

　　4.3

　　Key Observations:

　　Total U.S. Goods Trade in 2024: Exports totaled $2,088 billion, imports $3,288 billion, yielding a goods trade deficit of $1,200 billion.

　　Largest Deficits and Tariff Revenue: China (-$295B), Mexico (-$172.2B), and Vietnam (-$123B) offer the highest potential tariff revenue ($110.7B, $124.2B, and $34B, respectively) due to large import volumes.

　　Surpluses: Countries like Netherlands (+$55.5B), Australia (+$18B), and Singapore (+$17B) show U.S. export strength, yielding lower tariff revenue ($6.4B, $4.3B, $6.3B) since imports are smaller.

　　Hypothetical Total Revenue: Summing the tariff revenue column for these 20 countries yields approximately $635 billion annually, though this assumes no trade flow changes or retaliation, which is unrealistic in practice.

　　Read that last line again: in the scenario of reciprocal 25% tariffs with the Top 20 countries in the world, the USA wins BIG LEAGUE, you might say, to the tune of $635 billion annually!  BOOM!

　　Allow me to make this ultra simple....

　　Say you owe me $1,000 and I charge you a 25% service fee on that loan.

　　Now image you owe me $1 and you say fine, I'm going to charge you a reciprocal 25% service fee on your loan since you charged me a fee!  Nanny-nanny-boo-boo!

　　Who wins?

　　Yes, they are reciprocal 25% service fees, but the outcome is stark.

　　You have to pay me a $250 fee, resulting in $1,250 to me.

　　I have to pay you a $0.25 fee, resulting in $1.25 to you.

　　Now do you get it?

　　Folks, the world has been ripping us off for decades, and when President Trump told them the music was going to stop soon, all they did was go on TV and threaten us with reciprocal tariffs in response!

　　How dumb can you get?

　　It probably took all President Trump could muster to not laugh out loud, all the way to the bank!

　　That's exactly what he wanted!

　　He wanted reciprocal tariffs, and in perfect Art of the Deal fashion, he made the rest of the world actually push to put them in place!

　　They could have immediately dropped their tariffs on us, and gone to immediate free and open trade, but they didn't do that.

　　Airhead loudmouths like Doug Ford went on TV and threatened the USA: "You tariff Canada?  We'll tariff the USA right back!"

　　And once again, game, set and match for President Trump.  Checkmate.

　　It's what he wanted all along.

　　Scroll up and look at the Canada row on that chart above...."reciprocal" 25% tariffs between the USA and Canada put $103.3 billion right in the USA coffers!

　　And Doug Ford and all the Canadians walked right into the trap, hook, line and sinker!

　　It's just basic math....the USA imports far more into this country than we export.  Countries around the world rely on importing their goods to the USA.  Basically, we're their sugar daddy.  And instead of saying thank you sugar daddy for buying all of our stuff, these countries treated us poorly.  Treated us like crap!

　　Let's take another story fresh in the news....Ashley St. Claire who allegedly, reportedly had a baby with Elon Musk and Elon Musk allegedly, reportedly gave her $2.5 million, a $100,000 black Tesla SUV, and $250,000/month.  I believe that would be your ultimate "sugar daddy".

　　Now, what do you do in that situation?

　　If you're smart, you stay quiet and let the gravy train go for as long as you can.

　　But that's not what "Cashley" did and it's not what the world has done to the USA.  Instead of saying thank you and being as nice and accommodating as possible to keep the gravy train going, they decided to stick their finger in the eye of the USA and eventually someone like President Trump comes along and says "Game Over, thanks for playing."

　　And that, my friends, is Liberation Day.

　　Enjoy!

　　And in case you missed it, here was my earlier report:

　　It's Liberation Day in America!

　　Happy April 2nd, a day that will go down in history!

　　

　　President Trump is doing what no other politician has had the guts to do ever, which is to simply make sure the rest of the world treats us fairly.

　　We export billions of dollars of aid all over the planet and what do we get in exchange?

　　Tariffs on our products.

　　We've been taken advantage of very badly for decades and it stops today.

　　President Trump is not taking revenge, he's setting up reciprocity!  What a concept!

　　And already countries are caving, folding like cheap suits.

　　Israel caved a day before Liberation Day:

　　My mind is still blown that we've been sending them approximately $3 billion of aid each year for over 50 years and in exchange we got tariffs on our products into their country?

　　That really pisses me off.

　　Today though it's Canada.

　　Remember loud-mouth Ontario Premier Doug Ford?

　　Remember all the bluster he was talking all last month about how he was going to cripple the USA?

　　Here he is on CNBC with his tail between his legs saying they'd love to remove their unfair tariffs today if possible:

　　JUST IN: Canada says they will remove ALL tariffs if US does so too:

　　"Let's sit down and discuss this... We’d be willing to take those off tomorrow if he took all the tariffs off. We are not the problem. China is the problem… We don't want tariffs.,. We’re going to take these tariffs off in the next minute if he said he’s taking their tariffs off." — Ontario Premier Doug Ford

　　Backup video with captions added here: