Listening to Trump's babbling at his big Tariffs press conference this afternoon, he was talking again about his yearning for the Belle Epoque -- those golden olden days at the end of the 19th Century, when the US government was small enough to be financed by the tariffs it collected, meaning that the poor and the middle class ended up paying a disproportionate share of their income for those tariffed goods, while the wealthy paid a relative pittance. In Trump's mind, that was just marvelous - noblesse oblige and all that.
So this afternoon, he again talked about what a mistake it was in 1913 that the US decided to collect income taxes instead of financing everything with tariffs.
Then he went on about how poorly the United States has been treated by the world -- yes, we're all been so mean to the poor poor United States, forcing them to pay for the best military in the world and to put up those bases all over, demanding to use the US dollar as the world currency, requiring them to fight wars everywhere, making them develop world-class universities and industries and lead the world in democratic governance -- have they ever had it rough!
Then he went on about how poorly the United States has been treated by the world -- yes, we're all been so mean to the poor poor United States, forcing them to pay for the best military in the world and to put up those bases all over, demanding to use the US dollar as the world currency, requiring them to fight wars everywhere, making them develop world-class universities and industries and lead the world in democratic governance -- have they ever had it rough!
Then he holds up a placard with a list of tariffs on it that nobody could read, and keeps on talking.
I expected a marching band and a juggling act too, but then CBC cut away so I didn't see them whenever they showed up.
As Alex Ballingall at the Toronto Star wrote in their live coverage piece:
This feels very Trumpy to me: a global audience fraught with anxiety about how his actions will vapourize wealth and jobs, learning how hard they’re getting hit by squinting at a placard the president is clutching in the White House Rose garden.
I see that Trump, as well as rambling like an idiot, is using state of the art (circa 1980) presenting techniques with his Eurovision style scoreboard to describe his new tariffs.#trumptariffs #trump pic.twitter.com/oxLNbZsyuC
— Marcy Jay (@wisebirdswords) April 2, 2025