Markets are tumbling, but at least the tariff memes are gold
President Trump on Wednesday announced a swathe of tariffs on other countries. Markets were gloomy, but the memes were at least solid.
Chip Somodevilla/Getty Images
- President Trump's "Liberation Day" tariffs have arrived.
- On Wednesday, he announced a 10% base tariff on all countries, with higher rates on some countries.
- Markets are plummeting, but people are trying to get through it via memes.
Donald Trump's so-called "Liberation Day" means that tariffs are suddenly everywhere. That means tariff memes are also everywhere.
The US president on Wednesday signed an executive order imposing a 10% baseline tariff on all countries, taking effect Saturday, and adding reciprocal tariffs.
Global markets plummeted on the news.
But if there's one thing you can count on amid any turmoil — financial or otherwise — it's that some people will always have a sense of humor about it, even if it's a little dark. So, social media users have been expressing their economic fears and anxieties the modern way: with memes.
Here are some of the best ones:
Enjoy, for example, the picture showing Trump yelling, "Pay the tariffs!" at a group of penguins.
