Trump’s economic blueprint is hiding in plain sight

The Trump tariff plan has rocked the stock market and economists around the world, with the president notoriously labeling the implementation of his tariffs as Liberation Day, while others called his reciprocal moves a “huge mistake.”

Many have argued that Trump did not actually implement reciprocal tariffs at all, though. Look no farther than on X, where even though the platform’s owner, Elon Musk, is one of Trump’s top advisers, a White House post about the tariffs was slapped with a Community Notes label that said the numbers the administration used were not based on actual foreign tariffs at all.

Instead, the correction claimed the numbers were likely based on trade deficits and theoretical tariff amounts combined.

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