If you voted for Trump thinking he’ll do more for the little people than Democrats have, you’re in for a rude awakening. You’ve been scammed. He’s filling his cabinet and administration with billionaires. He’s “dining with industry lobbyists and promising regulat[...]
Posts Tagged ‘Tariffs’
November 26th, 2024 - 2:56 am § in Donald Trump, Economics
Are you ready for the Trump economy? (video)
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June 16th, 2024 - 9:17 pm § in Donald Trump, Economics
Who pays tariffs?
Consumers do. In his first campaign, Trump claimed China would pay his tariffs. That’s false. The U.S. can’t make China pay taxes. All it can do is make Americans pay taxes on Chinese goods. Tariffs are imposed at the U.S. border when goods come into the country. They become part of the [...]
April 9th, 2018 - 3:13 pm § in Donald Trump
No tariffs on Ivanka’s made-in-China wares
She gets a special exemption. You didn’t really think Trump would tax his own daughter, did you? Of course not! What kind of father would he be, if he did that? ?Read story here. Photo: No tariff on this! Kinda unfair to Ivanka’s competitors, but what the heck, power has its perks. [...]
March 4th, 2018 - 12:18 pm § in Donald Trump
About those steel and aluminum tariffs …
Stocks dropped last week after Trump announced his intention to impose tariffs on steel and aluminum imports. He didn’t base this action on economic arguments, but on national security, which makes sense. If we depend on Santa’s Workshop for steel needed for defense, and get into a confl[...]