POLITICO Nightly: 25 numbers that explain Liberation Day
By Catherine Kim , Juan Benn Jr. , Calder McHugh and Charlie Mahtesian HOWARD LUTNICK DIDN'T NOTICE THAT TARIFFS WERE ASSIGNED TO PENQUINS & SEALS? JUST BEVCAUSE HE'S RICH, DON'T THINK LUTNICK IS SMART....UNLESS HE KNOWS HOW TO GET THE PENQUINS & SEALS TO PAY! 0 — The amount of trade in goods last year between the U.S. and the Australian territory, Heard Island and McDonald Islands , an Antarctic island group uninhabited by humans but nevertheless hit with tariffs. President Donald Trump is handed a chart by Commerce Secretary Howard Lutnick displaying reciprocal tariffs between the U.S. and foreign countries during a "Make America Wealthy Again" event in the Rose Garden at the White House on April 2, 2025. | Francis Chung/POLITICO CRASH COURSE — It started with one big, beautiful chart in the Rose Garden, featuring tariff increases next to the names of countries around the world. China — 34 per...
