Will “Liberation Day” Also Mean Liberation From Excel Spreadsheets For GTM?
Yesterday was April 2, or “Liberation Day” as President Trump called it. Liberation from what? Unfair trade practices, according to Trump. So, yesterday he announced “10% tariffs on all imports into the United States, and even higher tariffs on goods from about 60 countries or trading blocs that have a high trade deficit with the US,” as reported by Bryan Mena at CNN. “That includes China and the European Union, which will be levied new duties of 34% and 20%, respectively.”
Too bad Liberation Day wasn’t the day before, on April Fools’ Day.
As you can imagine, there is already an avalanche of analysis and commentary about these tariffs in the press and on social media, with more to come in the minutes, hours, and days to come. And as we’ve already seen so far in 2025, these tariffs can change or go away completely at the drop of a hat (or to put it in more modern terms, at the drop of a post on X or Truth Social).
I’ll let economists and others comment on the ripple effects of these tariffs on global trade and world economies. I want to focus instead on whether all these changes will finally force companies to ditch their Excel spreadsheets and invest in proper Global Trade Management (GTM) software.
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