Trump says Americans could feel ‘some pain’ from tariffs as he threatens more import taxes

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14 thoughts on “Trump says Americans could feel ‘some pain’ from tariffs as he threatens more import taxes

  1. Still can’t believe anyone falls for his nonsense. Trump is worried about Americans being ripped off? He’s made a business career out of stiffing Americans …

  2. “Our peaceful trading partners are not our enemies; they are our allies. We should beware of the demagogues who are ready to declare a trade war against our friends—weakening our economy, our national security, and the entire free world—all while cynically waving the American flag.” Ronald Reagan (deity of the Republican party) – 1988

  3. Could someone please explain to him the difference between a subsidy and a deficit? If Canada can extract oil and natural gas cheaper than the US, that’s a good thing because the US pays that lower price. (unless of course the US unnecessarily threatens them and those products are shipped elsewhere). However, if we want to eliminate a manufacturing deficit that takes time – manufacturers can’t simply flip a switch and start making components in the US. And farmers have to prepare – it takes time to plan and grow different crops, which is made even riskier because all the migrant workers are afraid to come to the US. This is dumb.

  4. Where are the red state Republicans (Jim Banks, anyone?) whose constituents will feel far more than “some pain” simply because we live in a state than dwells in the bottom half of per capita income. What we are experiencing is a stark reminder to “be careful what you ask for, because you just might get it,” even though FOX News won’t tell its viewers that.

  5. A tariff is effectively a National Sales TAX on imported goods ! Being imposed by Republicans that are afraid of critiquing TRUMP their dear cult leader .
    I also suspect this is an experiment for imposing an economy wide national Sales TAX to change the federal income tax to a flat tax or to eliminate the income tax completely . Getting rid of the progressive income tax by imposing a regressive sales tax. That would please the Oligarchic billionaires that bought the former Republican political which is now TRUMP’s MAGA CULT loyal only to him.

    1. ^^^This. (Though you’ll have to spell out what “regressive” means for the uneducated who vote for this stuff.)

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