The stock market is tumbling. The morning after Trump's so-called "Liberation Day," here's where we stand, according to the Associated Press: 

The S&P 500 was down 3.7% in afternoon trading, more than other major stock markets, and at its bottom in the morning was on track for its worst day since COVID struck in 2020. The Dow Jones Industrial Average was down 1,228 points, or 2.9%, as of 1:08 p.m. Eastern time, and the Nasdaq composite was 4.8% lower.

On "Liberation Day," Trump announced a minimum 10 percent import tax on all goods coming into the United States. Dozens of nations are being hit with much higher rates – up to 49 percent. 

“My advice to every country right now is: Do not retaliate. Sit back, take it in." Could there be a more ridiculous response to a trade war?  

Scott Bessent is essentially the chief financial officer of the federal government. If he advised the President that these tariffs, which have sent U.S. and global markets spiraling, were a wise move for America's economy, we must ask: is this man is really qualified for the job? 

What's worse? This morning, experts are saying that the numbers presented in yesterday's press conference are the output of a nonsensical math equation. 

James Surowiecki broke it down on Twitter: 

They didn't actually calculate tariff rates + non-tariff barriers, as they say they did. Instead, for every country, they just took our trade deficit with that country and divided it by the country's exports to us.

So we have a $17.9 billion trade deficit with Indonesia. Its exports to us are $28 billion. $17.9/$28 = 64%, which Trump claims is the tariff rate Indonesia charges us. What extraordinary nonsense this is. 

We need someone in the Secretary of Treasury seat who knows how tariffs actually work and can stand up for the American people – not cater to Trump's ill-informed revenge plans.

Sign to show your dissatisfaction with Secretary Scott Bessent, and demand a replacement before things get even worse for everyday Americans.