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So. Either US importers will eat the costs (still affects USians) Or the other country will do an easier sale to a third country.

which is why it doesnt go from a 100 dollar widget to a 110 dollar widget. it goes to a 140 dollar widget to make up for the drop in demand from the added tariff cost.

Not to mention his claim is unrealistic to begin with. Xi is going to hit back. It’s not daytime in China yet.

Why is it seemingly impossible for Democrats to explain this simple regressive taxation scheme to the idiot voters of America?

Seriously!! It’s the money we consumers will pay for goods and services! I took economics 101 and I know that!!!

That's it. I will no longer call it a tariff. FOR NOW ON, TARIFFS ARE CALLED "TRUMP TAX" #TrumpTax

Hey guys, taking a giant plane full of morons and cronies to south Florida EVERY weekend to play golf isn’t cheap.

I would like the formula explained showing how that tax will deliver that amount of revenue. I just plain don't believe it will.

Say it loud!

To. The. Federal. Government.

I can't believe people are STUPID enough to believe his obvious bullshit!

That's if we buy those expensive items

Although, companies from other countries do pass it along as I said, non?

Yes. Thank you for the clarification,

OK, no more Temu, no matter how cheap

And it's a regressive "consumption tax" (larger % paid by poor) not the progressive "income tax" (rich pay fair share for the USA) bsky.app/profile/phys...

Do you think the MAGA will understand that even if they get a sliver of the tax cuts, they’re just effectively getting their own money back? I doubt it. Faux news will spin it as a gift from the great orange god.

An additional trillion!

Also, not likely to be a trillion dollars

People won't understand until the current stockpiles get low. So many companies stockpiled products. Once those run low...things going to start to get real for people.

Trump claims he is taking in 2 billion dollars a day in tariffs. The stock market just lost 12 trillion dollars since he was inaugurated. It would take 6000 days to make up that loss.

Every single thing he says is a big fucking lie. Every Single Thing

#HighestTaxesEver

And I bet you a dozen eggs, the national debt will continue to rise

Give this to the people. Not $1Trillion - SIX. President Trump’s tariffs are a $6 trillion tax on Americans. That’s the line and the only line Democrats should use from now until midterms. OFTEN. www.msn.com/en-us/news/p... @housedemocrats.bsky.social @democrats.senate.gov

Not if we refuse to buy anything but necessities. While they will still go up and cost more, we should only buy consumables. Nothing else

Also then he wants to use that money not to help anyone but to have a military parade!

Actually when we place a tariffs on a country when the item gets to port in the USA we charge the company in the usa that is importing it pays the the tariffs and then that company passes the cost to the customers. The country that exports it to us does not pay the tariffs we do

Dude, price elasticity. Nobody will be paying those tariffs, because trade will stop....

Yes. This is a huge consumer tax increase. I don’t think anybody voted for that

Good to know we can help a billionaire become a trillionaire and all we have to do is starve and be homeless

I feel like we need a simple cartoon explainer on this.

How come the Wharton business school genius can't comprehend this.

Nope. Kaiser. Have paid $10 copay per vial for several yrs. Get 3 vial=$30. Today it was $60.

If only we were all so smart

Then eliminate all taxes!

And when Trump is bribed* to bring down a tariff, the money does not go into our pockets. *Trump meme coin seems to have come out just in time readsludge.com/2025/01/28/h...

After losing over $6 trillion in stock market value.....tired of winning yet?

Right into his pocket...

A $1 trillion dollar additional tax on Americans. Yay, me!

Topping the 6 trillion out of your 401k’s

Modern politics=telling people not vote for something that is CLEARLY A BAD IDEA. They then vote for it !

the other big question that should be definitely answered where exactly would that money go?? what guarantees do we have?

And it's going into billionaire's pockets

I love how he assumes people will continue to buy the imported products that generate this imagined revenue.

$1trillion from our pockets plus inflation plus the stock market crash all for the joy of working a in a factory so we can screw screw screw. Screw Trump.

MAGA won’t believe it when a toaster cost $400 because Trump will tell them it use to cost $800.

Facts….

Tariffs are a regressive tax, meaning those with the lowest incomes will be putting a much greater percentage of their income toward this $1 trillion than those with the highest incomes.

Yes Indeed, he has managed to take it out of the markets and the pockets in one fell swoop!

Largest tax hike placed on the American people and the poorer you are the greater the percentage you will pay. Good luck, MAGA

I've never paid a 104% sales tax.

And ps...trump always refers to himself as America or the country or our country.

Yep!

bsky.app/profile/suze...

he wants the us consumer to pay for his trade war with China and the world.

You're welcome. 🙂

First the fake expert tariffs, now the podcast dethroning—feels like the algorithmic empire Trump built is finally eating itself. MeidasTouch rising isn’t random. It’s what happens when people stop mistaking visibility for truth. Broke it down here too:

Funny to see and hear the fear of this administration in regards to China. Like they need us 😂 they are so far in front of us on all aspects almost and to listen to the American peasants whine is comical.

Biden‘s economy was great, people watch too much right wing television, Joe Manchin, and Kirsten Sinema could’ve made it so much better and remember the Republicans said no to everything Trump destroyed everything to help Putin 10,000 soldiers will be moved in eastern Europe to help Putin

I own a construction company. I have so much inventory right now that will last me for three years so they can do whatever they need to do. I made sure this time I have everything from nails to two by fours.

tRump is moron on economics for a person allegedly graduating from ivy league university.

There is ONE country in the world where the population needs to be educated on how tariffs work.

Waiting to see on every receipt: “Trump Import Tax” or TIT for short.

My books say otherwise ☝️

That's because Trump hates the US more than anyone else.

But Daddy/King Trump's press secretary keeps saying it's a tax on the exporting country. Oh, and calls people a liar who tries to educate her.

Trump-tax

It hurts American citizens, but also the other country, by making it harder for them to sell their products to America. Retaliating to the tariffs is not a cost-free exercise of course. You can't expect other countries to just roll over, especially if Trump's justification is insane.

It's a trade war policy, we pay the cost of the war, for a policy trying to incentivize companies to not import from the targeted country. The other country will respond to incentivize their companies to trade elsewhere, but make policy to actually trade elsewhere to lessen cost on citizens.

If you're a farmer and need help I'd consider it,I enjoy working anyway

Though some I can work with I've been violent myself a time or two I get it , some are done with the Donald

I never did radio, but I was in newspaper writing in Cambridge. Worked on stuff with our local radio, WILE. Didn't have much connection with New Philly papers or radios.

I fear if he doesn't die soon we'll be at war with China and led by idiots They'll be boots on the ground for the first time in history

Have you seen the price of coffee? Now I really want him dead😆

You will disrupt supply chains without having set up your own industries. Some countries might come to heel but will also look to other more reliable markets. Its a chaotic and nonsensical way to run a country - except into the ground quickly.

The good old days !

Correct. Thank you. Keep saying it.

Plus, Trump isn’t in a trade war with China - he’s helping China. Trump is leading a war against America, breaking up western alliances. Making Taiwan available to China and helping China to become the champion of 3rd world nations. He’s helping Putin accomplish his Eurasian goals.

Sadly, Trump is ‘drunk with power’!

100% we already know about listening to "Trump Said" "Americas Dead "

I don't understand how the American people don't understand tariffs. I think because the Republicans want to cut education and keep the American people stupid. Look at what is happening around the country with the weather issues. They aren't there the Republicans

Glad I bought my new laptop two weeks ago.

Well said…

Republicans and conservatives LOVE to define language. This time WE need to define it. Call them what they truly are IMPORT TAXES. Amplify and saturate the messaging. Make it your mantra. Change the narrative!

B, J, & B, Might be time to explain to all the uneducated, exawhat the Boston Tea Party was all about. This ties in to taxes and tariffs.

Completely agree

Wharton needs to retract Trump’s diploma. I doubt he wrote the finals himself, anyway. poetsandquants.com/2021/01/07/w...

Yes we know Meidas, not looking forward to any of these high costs when we live on limited budget cause we are retired. Not taking a vacation this year and growing our own vegetables, making my own milk. Wish I could raise chickens but I dont have the backyard space!

It's weird how so many can't fathom that simple fact.

Even a hotelier can understand this. Local hospitality taxes are not absorbed by the hotel out of the goodness of their heart. They are a line on your bill “sorry you to have you pay this, not our fault though” Sure, the city/state get revenue. Because the hotel guests pay it.

Thanks for the reminder, our government has been trying to do just that with the billboards in some of the states. Good to hear it coming from other sources as well! Elbows Up! Hands Off!

Trump is a fool. If China embarked on a mass sale of its US treasuries, the value of the debt would plunge and yields would soar. This would drive up US government borrowing costs and hammer the public finances in a highly destabilising move.

www.youtube.com/watch?v=KdBN...

MAGA be like... "It's patriotic to pay this tariff" 🤔 🤦🏼‍♂️

Sadly, those Americans who shop at Walmart and Dollar General because they can't afford to shop elsewhere will be the ones who pay the most dearly.

This is disastrous. You can't undo this!

It’s mind boggling that people still don’t get it.

Do you think someone should tell dopey donny?

Power is the only reason for his actions. He wants to feel the power of every person on the planet squirming and begging.

Canada and Mexico were already targeted in earlier announcement. 25%