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spanone

(135,795 posts)
Sun May 12, 2019, 03:30 PM May 2019

AP FACT CHECK: Trump's fallacious tariff tale

WASHINGTON (AP) — In escalating his trade war, President Donald Trump is persisting in his deceptive argument that tariffs are a pure win for the U.S. and a loss for China. He will not acknowledge that the costs of tariffs are being borne by Americans.

Trump has vowed to impose a blanket tariff of 25% on everything Americans buy from China. That would mean raising tariffs from 10% on $200 billion worth of goods by the end of the week and hitting an additional $325 billion in Chinese products with the same penalty “shortly.” His skewed explanation of how tariffs work — a staple of his rhetoric — unfolded over Twitter, where he also spread a false assertion about hurricane aid to Puerto Rico.

TRUMP: “For 10 months, China has been paying Tariffs to the USA of 25% on 50 Billion Dollars of High Tech, and 10% on 200 Billion Dollars of other goods. These payments are partially responsible for our great economic results.” — tweet Sunday.

THE FACTS: This notion of a transfer of wealth from China to the U.S. isn’t happening.


https://www.apnews.com/241205da8ec24cb2a7c591aa08b2d4e1
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AP FACT CHECK: Trump's fallacious tariff tale (Original Post) spanone May 2019 OP
China's won't pay any tariffs. The importers do and then pass the cost along to the consumers (us). mobeau69 May 2019 #1
Why aren't those around him telling him that? PoindexterOglethorpe May 2019 #2
I'm sure he thinks he knows more than anybody else. I don't think he's a learner. spanone May 2019 #3
Trump always thinks he's the smartest guy in the room... Wounded Bear May 2019 #4
Generally? malaise May 2019 #7
Perhaps when Dummie Jr is in the room with Orange Moron... GReedDiamond May 2019 #13
Hehehehehehhe malaise May 2019 #14
I know. PoindexterOglethorpe May 2019 #5
I think if you do that you're probably gone. I think job keeping is 90% of your job in DC. spanone May 2019 #6
Which applies equally to elected officials, unfortunately. PoindexterOglethorpe May 2019 #12
"I don't think he's a learner." Gotta say, that made me laugh. yonder May 2019 #8
maximum understatement....😎 spanone May 2019 #9
yep yonder May 2019 #10
😎🔫 spanone May 2019 #11

mobeau69

(11,133 posts)
1. China's won't pay any tariffs. The importers do and then pass the cost along to the consumers (us).
Sun May 12, 2019, 03:39 PM
May 2019

So simple a trumpkin could almost understand it.

GReedDiamond

(5,310 posts)
13. Perhaps when Dummie Jr is in the room with Orange Moron...
Sun May 12, 2019, 07:28 PM
May 2019

...Orange Moron is the smarter of the two.

That's about the only scenario I can think of where OM is the smartest one in the room.

PoindexterOglethorpe

(25,816 posts)
5. I know.
Sun May 12, 2019, 05:46 PM
May 2019

I know that, but it still distresses me that it really does not seem as though any of his so-called advisors ever seem to make any attempt whatsoever to correct his factual misinformation. And if the issue is they're more concerned about keeping their jobs, then I have nothing but contempt for anyone with such non-existent ethical standards.

spanone

(135,795 posts)
6. I think if you do that you're probably gone. I think job keeping is 90% of your job in DC.
Sun May 12, 2019, 05:53 PM
May 2019

Otherwise it makes no sense to me. To support this man is just beyond the pale.

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