Belmont Club: How Will 'Liberation Day' Be Remembered?

Belmont Club: How Will ‘Liberation Day’ Be Remembered?


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Will the “Liberation Day” tariff policies of Donald Trump work or end in failure? Whenever there’s a question that cannot categorically be answered by physics or mathematics, the only recourse is to wait and see. Most human actions, operating as they do against the complex background of history and human society, cannot be easily predicted. No one on June 6, 1944, knew for sure if D-Day would succeed. In the lead-up to the Russian invasion of Ukraine in February 2022, most observers thought Kyiv’s goose was cooked. As the New York Times said in “The Secret History of the War in Ukraine“: 

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in the portentous days before Russia’s full-scale invasion on Feb. 24, 2022, the Biden administration had closed the Kyiv embassy

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