Liberation Day Minus One The Trump team is said to be weighing 20 percent across the board tariffs, reducing the share of U.S. funding of the WTO, and critic James Carville says the Administration has collapsed in less than three months. Morgan Stanley calls all the stated goals for tariffs as the “impossible trinity.” It cannot concurrently generate massive revenues, cause other countries to reset their policies in better favor of America, and cause the reshoring of industry. How can its impact be vastly negative only for the U.S., which has one of the world’s lowest trade dependency (trade/GDP) ranks? The world is unfair. The Europeans and Canadians are free loaders on defense. China's SOE's are a superpower. Every natio...