Who coulda foreseen it? Oh, yeah. Everybody in the world other than the idiot who did it and his weird cult followers working desperately to justify it today. As you might expect, we've got a lot to try and make sense of on today's BradCast. [Audio link to full show follows this very brief summary.]

So, Donald Trump pulled the trigger during his rambling "Liberation Day" remarks in the White House Rose Garden, just after the close of markets on Wednesday. The trade tariffs would be slapped on virtually every country in the world and would be, as one tech investment manager described it just after the announcement, "worse than the worst case scenario."

Today, Wall Street reacted. Poorly. The Dow fell over a cliff by more than 1,600 points. The S&P 500 plunged nearly five percent. The tech-heavy NASDAQ plummeted almost six percent. That's what happens when 54% tariff on China suggest that your next iPhone may soon cost $2,300. (The price of Apple stock crashed by nearly ten percent). In all, today amounted to the biggest nosedive for the markets since the mishandling of the COVID pandemic in 2020...the last time this idiot was in the White House.

Nobel Prize-winning economist Paul Krugman asserted that Trump's numbers announced on Wednesday included "false claims about our trading partners" and simply make no sense, suggesting he's "gone full-on crazy." Though, no matter how many times reality and facts are likely to be pointed out to him --- that we are not, for example, "subsidizing Canada by $200 billion a year" --- he "will never drop that claim."

Trump's made-man and Senior Trade Advisor Pete Navarro, fresh out of prison, defended the tariffs, claiming they will raise $6 trillion in revenue for the U.S. over the next ten years. They won't. But if they did, that would amount to a new 25% tax on American consumers, the largest tax hike in U.S. history, since U.S. consumers, not foreign governments, will be paying higher prices to cover the huge new import taxes on just about everything.

Trump's new taxes are likely to result, as well, in reciprocal tariffs from virtually every nation in the world against the U.S. Every nation in the world, that is, except Russia, which was curiously left off the list of newly sanctioned nations for some odd reason.

But, as our friend David Dayen, investigative financial journalist, author and Executive Editor of The American Prospect explained on this program last year, these tariffs are better seen as a means by which Trump hopes to bend companies, industries and, yes, entire foreign governments, to his will. "Look at these tariff threats more as like sanctions," Dayen told us in early December. "'If you do things we don't like, you're going to get higher tariffs.' That's not really about trade policy. That's really about doing what the United States says. It's really about policing the world through economic terms."

"Businesses are going to come to this President and say, 'Give me a waiver from your tariff.' The mind boggles at the potential for corruption here," Dayen said at the time. "This is what oligarchies look like. This is what Russia looks like. If you're closer to the king, you're going to do better."

"He wants to use tariffs and, more generally, the role of the United States as an economic hegemony, to bully other countries to do our bidding," Dayen foretold, in what now appears to be exactly what Trump is doing. He reiterated and added to some of those thoughts at TAP today. "Stop trying to place coherence on a policy that’s really just a mob boss breaking legs and asking for protection money."

Sen. Chris Murphy (D-CT) smartly explained it in very similar terms last night in a social media thread. "Those trying to understand the tariffs as economic policy are dangerously naive," Murphy argued, citing how "British kings used taxation to reward loyalty and punish dissent. ... The tariffs are a tool to collapse our democracy. A means to compel loyalty from every business that will need to petition Trump for relief."

But there is a way out. There is a way to end this madness. Trump only enjoys the unilateral power to issue economy-killing, job-crushing, 401k-flattening sanctions because Congress gave him that power. They can also take it away. There was an attempt by every Democrat and a handful of Republicans in the U.S. Senate yesterday to do exactly that, when it came to sanctions against Canada. The measure was successfully adopted by the Senate, but is unlikely to receive a vote in the U.S. House, where it would likely also be adopted if members were allowed to vote on it. So, Speaker Mike Johnson will make sure they can't.

With all of that in mind, "these tariffs won't stand," writes Josh Marshall at TPM today. Anyone running for Congress or thinking of doing so has all they now need to take down any Republican who would support this insanity --- and the harm it is now causing to their own constituents. "It’s malpractice for anyone challenging a Republican member of Congress not to be on this today," he detailed this morning.

So, yeah. Once again, it all comes down to democracy and elections. To that end, a Trump-appointed federal judge in Pennsylvania this week ruled in favor of voters, believe it or not. And a George W. Bush-appointed federal judge in Texas did the same thing late last month. We break down both rulings today before Desi Doyen joins us to close with our latest Green News Report, including a bit of bad news for the coal industry, thanks to good news from voters in Illinois this week as, once again, still more evidence that, yes, elections matter!...

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On today's BradCast: The Trump Administration may have chosen the wrong group of Americans to launch a "war" against, including taking jobs, benefits and health care from them. But that's just one of the reasons Republicans now seem to be running scared of their own voters in upcoming special elections. [Audio link to full show follows this summary.]

On Thursday, the Dept. of Health and Human Services (HHS) announced plans to lay off 10,000 employees. Along with cuts at departments within HHS, such as the FDA, CDC, NIH and Centers for Medicare and Medicaid, some 20,000 federal jobs are earmarked for slashing. The Dept. of Defense has already fired thousands of probationary workers (though a federal judge found the firings unlawful), and the IRS has been ordered to cut 6,700 workers. That alone will cost the U.S. hundreds of billions in lost revenue.

But, so far, no other federal agency has set their sites on firing as many workers as the Dept. of Veterans Affairs which, according to an internal memo at the beginning of the month, is planning to slash an astounding 80,000+ jobs, many of them held by veterans themselves. And they are pushing back.

We're joined today by former Congressman MAX ROSE (D-NY), a decorated former U.S. Army platoon leader and combat veteran who now serves as senior advisor to VoteVets.org, the nation's largest progressive nonprofit veterans organization. Last week, the group launched a six-figure, multimedia ad campaign in the districts of five different Republican veteran members of Congress, calling them out "for being complicit and dodging their constituents as Elon Musk's DOGE aimlessly fires Veterans across the country."

Given Rose's background, before discussing the VoteVets campaign, thousands of vets already fired from federal jobs, and GOP cuts to a series of hard-won services and benefits, I had to ask for his thoughts on the ongoing Signal scandal and what might have happened to him, as a platoon leader in Afghanistan (or to any other rank-and-file member of the military), had they used a commercially available texting app to discuss specific times, locations and methods of upcoming planned attacks as it was revealed this week the Administration's top NatSec and Defense cabinet officials did.

"Any level of the military would have been fired for that," Rose tells me. "But I think there's a deeper point here. Which is everyone likes the notion of disruption and innovation, and that is how this administration sold themselves. But the truth of the matter is that what we're seeing is recklessness, destruction, and a disregard for everything that was actually effective."

He offers thoughts on whether Trump's high level cabinet officials, such as National Security Advisor Mike Waltz and Sec. of Defense Pete Hegseth should be fired, and whether the specific details shared in the group text --- with a journalist present --- was classified or not. "They are just openly talking about extraordinary events that are set to occur later on that day, that have geopolitical, strategic national security ramifications," he says. "It is beyond stunning. And it's exactly the opposite of what they sold themselves as. It's amateur hour."

As to the benefit cuts and firings that many veterans are already facing, thanks to the "recklessness" of the Trump Administration --- some of which are discussed by veterans themselves in VoteVets' new video ad --- the Bronze Star and Purple Heart recipient is even more disappointed.

"Let's talk about the great tragedy of firing these veterans, who have served in uniform. Many of them served in harm's way, and they made an extraordinarily heroic and consequential decision to continue their service --- not just to our great country, but in service to their fellow veterans --- by dedicating this next portion of their career to the VA. Donald Trump ran on how much he loved veterans, how much he was grateful for their service, and now he's turned around in the early days of his Presidency and has decided to fire tens of thousands of them."

"The truth of the matter," Rose continues, "is that what they want to do --- the VA being the second-largest federal government department --- is they want to destroy it. They want to privatize it. They claim it's because the VA is an underperformer. But the stats tell exactly the opposite story. The statistics say that the VA consistently records higher quality metrics compared to peer institutions and higher ratings of patient satisfaction. That's why the veteran community is almost universally aligned in support, in not just preserving the VA but building upon it."

"This Administration's war on veterans," doesn't end there, he argues. "They decided to cut the PACT Act in the last Continuing Resolution, the budget deal, which was a monumental bipartisan piece of legislation to make sure that services are provided to veterans suffering the consequences of manning burn pits in Iraq and Afghanistan. They decided to cut the Small Business Administration, negatively impacting veterans ability to access small business loans. They decided to cut HUD and grants related to services for homeless veterans. So the list goes on and on."

As to how all of this may affect the political and electoral landscape moving forward, including among veterans, 6 out of 10 of whom voted for Trump in 2024? Tune in for the former Congressman's thoughts on that. But, as Rose asserts: "People should be digging deep. They should know there is hope for Democrats to bounce back. They should know there are extraordinary candidates raising their hands across the country, reaffirming their commitment to service, many of them being veterans."

AND, SPEAKING OF UPCOMING ELECTIONS... Republicans seem to be getting really nervous about next week's Special Elections in Florida to fill the vacated seats of former Reps. Matt Gaetz and Mike Waltz, even though both are in deep red districts where Trump and both former Congressmembers easily won their elections just five months ago. Latest evidence of their concern? Today, Trump withdrew his nomination of Rep. Elise Stefanik for U.N. Ambassador, to make sure her seat in a Trump +15 district in upstate in New York doesn't get flipped in an upcoming Special Election, given the razor-thin majority Republicans currently hold in the U.S. House. She is really bummed. Sad!

AND, FINALLY... Record, unprecedented, climate change-fueled wildfires are raging in South Korea. The blazes have already killed 27 and destroyed more than 300 structures, some of them historic, including a 7th century temple complex. As if that's not bad enough, Desi Doyen is also here with our latest Green News Report, as the Trump Administration has simply omitted climate change from their newly released U.S. National Threat Assessment Report; the EPA's rollbacks to air and water pollution rules are set to cost hundreds of thousands of American lives; and as the corrupted U.S. Supreme Court gives yet another offering to the fossil fuel industry responsible for so much of this deadly mess...

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