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The Economist
The Economist
9 Apr 2025


NextImg:The art of the pause
United States | Lexington

The art of the pause

Donald Trump pauses some of the pain, but not the chaos

Who knows what “Liberation Day” may eventually signify in the history books: the end of the post-war trading regime, the acceleration of automated manufacturing in America, the most costly bargaining ploy in history, all of the preceding or maybe something else entirely. To Donald Trump himself, the term used to have a more frivolous meaning, if not a more innocent one. One spring morning in the mid-1990s, Mr Trump telephoned a consultant to his company with a gleeful announcement: “Today is Liberation Day.” Later, as the two walked to lunch at the Plaza Hotel, Mr Trump was “gawking at the many jacketless women along the way”, Maggie Haberman reports in her biography of Mr Trump, “Confidence Man”. “To him,” she writes, “the term had a very specific meaning: it was the first warm spring day, when women stopped wearing coats and ‘liberated’ their upper bodies.”

A computer technician stands before an array of ibm model 727 magnetic tape data storage drive units.

DOGE is coming for American officials’ magnetic tape

But more modern methods of data storage are not necessarily better

Alex Ovechkin of the Washington Capitals celebrates after scoring his 895th career goal during the second period against the New York Islanders.

How Alex Ovechkin topped Wayne Gretzky’s once-unbreakable record

As our charts show, the Russian machine defies both his age and his era


Third grade dual language program students are learning a the classroom in Houston, Texas.

Texas looks set to pass America’s biggest school-voucher scheme

Evidence from other states suggests pupils will do worse as a result


How Donald Trump’s tariffs will probably fare in court

The president has drawn fire from some conservative legal scholars