‘My fellow Americans, this is Liberation Day’, Donald Trump told the audience that had gathered in the Rose Garden for his official signing of his executive order to put import levies on goods imported to the United States from around the world. There was no hesitation, there were no caveats: only utter enthusiasm from both the President and almost his whole cabinet, who cheered Trump on as he declared 2 April ‘the day America’s destiny was reclaimed’.
Vice President J.D. Vance, Health Secretary Robert F. Kennedy, Secretary of State Marco Rubio, Secretary of Homeland Security Kirsti Noem and House Speaker Mike Johnson were just some of the attendees, who all sat in the front row. Also present were two key players in today’s announcements: Treasury Secretary Scott Bessent and Commerce Secretary Howard Lutnick – the former having to manage the market turmoil of the past few weeks, the latter thought to have played a big, and sometimes controversial role in today’s tariffs decision (suggesting a recession would be ‘worth it’ to bring in a much bigger tariff regime).

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