By Ted Snider

“Tariffs,” President Donald Trump is fond of reminding us, “is the most beautiful word to me in the dictionary.” It’s the most beautiful word “because tariffs are going to make us rich as hell. It’s going to bring our countries businesses back that left us.”

And that’s how it started. On “Liberation Day,” on April 2, Trump announced a 10% minimum tariff on goods from all countries with some countries being hit with higher “reciprocal tariffs.” “For decades,” he explained, “our country has been looted, pillaged, raped and plundered by nations near and far, both friend and foe alike.”