Since Donald Trump’s ‘Liberation Day’ speech, resurfaced footage of his ex-election rival has circulated online and it shows that she predicted exactly what was to come.
There has been a whole lot of chaos since Trump announced that he would be implementing additional tariffs around the world, and since the stock market lost $2 trillion in seconds during his speech, things have only gotten worse.
China is biggest opponent to hit back at the US with additional tariffs, probably because China was one of dozens of countries to be hit with new rates when Trump shared his plans on April 2.
In his bid to boost his country's economy, it seems as though his trade partners are not happy with his mission.
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Sharing his plans from the White House's Rose Garden, the POTUS said: "This is Liberation Day. We've been waiting for a long time, April 2, 2025, will forever be remembered as the day American industry was reborn, the day America's destiny was reclaimed, and the day that we began to 'Make America Wealthy Again'.
"For decades our country has been looted, pillaged, raped and plundered from nations, near and far, from both friend and foe alike."
Pot calling the kettle black, anyone?
Anyway, during his speech, stocks across the world began to tumble as investors raced to invest in safer bets such as gold, leaving some of the most wealthiest companies out of pocket.
While this is bad news for many organizations, it’s also bad news for other countries, who will now be paying more to import and export goods, forcing consumers to make hard choices about where their dollars should be spent.
In a strange twists, it appears that Kamala Harris, the Democrat who lost during Trump’s 2024 election, knew all along that this was going to happen, and she even talked about it during the pair’s election battle live on TV.
In a clip by CNN posted to Reddit, viewers were horrified to see just how right she was about what was to come from Trump’s plans.
In the video, you can hear Harris state: “What Goldman Sachs has said is that Donald Trump’s plan would make the economy worse, mine would strengthen the economy. What the Wharton School has said is Donald Trump’s plan would actually explode the deficit.”
She added during the argument between her and Trump: “16 Nobel laureates have described his economic plan as something that would increase inflation, and by the middle of next year, would invite a recession. You just have to look at where we are and where we stand on the issues, and I’d invite you to know that Donald Trump actually has no plan for you, because he is more interested in defending himself than he is in looking out for you.”
Her speech resonated with many since the ‘Liberation Day’ talk Trump had about tariffs and his focus on taxing other nations.
One person stated: “She warned us all so many f***** times. It's a shame 27% of the population refused to listen.”
Another wrote: “Yea, but the recession came in just 4 months, not 6. Checkmate libs.”
Someone else said: “Trump said if I voted for Kamala the economy would be destroyed and the stock market would crash.
“Here we are less than 3 months into his presidency and he’s been proven right. Lol.”
Paul Donovan, chief economist at UBS Global Wealth Management, spoke to CNN about the ramifications of Trump’s tariffs, and it could really set everyone on path for a recession too.
He stated that the American economy was ‘in a very good place’ at the beginning of the year, but now, ‘if these tariffs continue as they are, (it will) probably tip into recession’ that will ripple outwards.
The recession will in turn increase inflation, as a JPMorgan analysist said: “This year’s cumulative tariff hike should be viewed as a US tax increase of roughly $660 billion. The impact on inflation will be substantial.”
Topics: Money, US News, Donald Trump, Kamala Harris, Politics
Britt Jones