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Yo_Mama_Been_Loggin

(107,739 posts)
Mon May 13, 2019, 03:35 PM May 2019

Trump's Most Blatant Lie Is His Lie About Tariffs

President Donald Trump has galaxy brained himself into a something of a quagmire with China. For the better part of the past year, he’s been imposing and subsequently escalating tariffs on goods imported from the nation in an effort to force them to renegotiate what he considers unfair trade practices. China hasn’t been too interested in doing this, though, and American businesses and consumers continue to suffer from the new taxes that must be paid on products shipped across the Pacific.

Trump has responded the only way he knows how: doubling down. On Friday, he ratcheted up tariffs from 10% to 25% on $200 billion in Chinese goods, claiming that broken-down trade talks between the two nations are continuing “in a very congenial manner,” that “there is absolutely no need to rush” and that the “massive” tariff payments “go directly to the Treasury of the U.S.”

The problem is that this money is not coming from China, as Trump has claimed repeatedly. It’s instead coming directly from Americans. On Sunday, Larry Kudlow, Trump’s chief economic adviser, went on Fox News to try to explain what’s been happening. It wasn’t very hard for Chris Wallace to get him to begrudgingly admit the president is wrong and that it’s Americans who are footing the bill for his trade war.

“The president says China pays the tariffs,” said Wallace. “They may suffer consequences, but it’s U.S. businesses and U.S. consumer that pay. Correct?”

“Uh, yes, to some extent,” Kudlow stammered. “I don’t disagree with that. Again, both sides will suffer on this.”


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Hours after Kudlow’s appearance, Trump once again touted the money the United States is receiving from the tariffs — which, it bears repeating, are being paid by American companies and consumers. “We are right where we want to be with China,” he wrote. “Remember, they broke the deal with us & tried to renegotiate. We will be taking in Tens of Billions of Dollars in Tariffs from China. Buyers of product can make it themselves in the USA (ideal), or buy it from non-Tariffed countries.”

https://www.rollingstone.com/politics/politics-news/trump-blatant-lies-tariffs-834548/
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Trump's Most Blatant Lie Is His Lie About Tariffs (Original Post) Yo_Mama_Been_Loggin May 2019 OP
It's so much easier to fool them calguy May 2019 #1
It is amazing that a man who ran his own businesses aground is in charge of our economic emmaverybo May 2019 #2
And the POS is only motivated by himself thegoose May 2019 #3
Trumpers loved to be conned and played for dupes and fools, the only they they ask for is a false Celerity May 2019 #4
His lie about Obama not being an American was worse n/t malaise May 2019 #5

emmaverybo

(8,144 posts)
2. It is amazing that a man who ran his own businesses aground is in charge of our economic
Mon May 13, 2019, 03:44 PM
May 2019

policies. His willy-nilly and ego-driven moves have had the stock market on a roller coaster for some time. The stock market, even if one is not invested in it, is a measure of our economic health and impacts all of us.

 

thegoose

(3,115 posts)
3. And the POS is only motivated by himself
Mon May 13, 2019, 03:50 PM
May 2019

Self-interest, massive orange ego, greed....

Neither he or the other Pukes give a shit about us.

Celerity

(43,096 posts)
4. Trumpers loved to be conned and played for dupes and fools, the only they they ask for is a false
Mon May 13, 2019, 04:19 PM
May 2019

target to blame for their shitty, hateful lives.


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