Jon Herold breaks down Trump’s latest power move, reciprocal tariffs, which just sent the global economy into a tailspin. For decades, the U.S. let foreign nations slap massive tariffs on American goods while we gave them a free pass. Not anymore. Trump's new policy means if they tax us, we tax them right back, and European leaders are already melting down.
Meanwhile, Elon Musk’s DOGE team has entered the IRS, and federal agencies are scrambling to hide years of financial waste and corruption. With the government firing spree in full swing, deep state employees are frantically googling “offshore bank accounts” and “Swiss citizenship,” hoping to get out before Trump and Musk find out what they’ve been up to.
On the world stage, Trump just proposed a historic peace summit with Putin and Xi, where he plans to cut global military spending in half. The military-industrial complex is not happy, but Trump doesn’t care. As the deep state’s money dries up and the bureaucrats panic, The Daily Herold is here to cover every moment.