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After being told that tariffs will be paid by American Companies

Is Trump so arrogant to still believe a tariff/tax will be paid by the exporting country or does he want small businesses to go out of business promising corporate monopolies an even bigger piece of the pie. Is Trump making deals again excluding the Middle Class?
Remember when Mexico was going to pay for the wall?

This one is a lot more significant, but its the same kind of thing.
justanothername · 51-55, M
@Pitchblue Have you not worked that out already.? Trump is personally going to clip the ticket on EVERY new business deal done by the GOP. Much like Putin it will all go into Trumps retirement fund.

That’s how Trump has always worked. Just like the Mafia.
KunsanVeteran · 61-69, M
@MistyCee Sadly, you are SPOT ON!
@justanothername

He idolizes vicious people.
I have a friend who works in export for Johnson and Johnson. She told me the proposed Trump tariffs will cost them 28 billion dollars, all passed on to the consumer.
Much of this is on surgical supplies.
Imagine the potential impact on health insurance.
KunsanVeteran · 61-69, M
@robingoodfellow Correct! And…tip of the iceberg…

And wait until you see the messes RFK Jr, Ronny Jackson, Flynn, and Sloppy Steve creat…
whowasthatmaskedman · 70-79, M
@robingoodfellow And there goes inflation....And there go interest rates. Etc Etc.. But Elon will be OK..😷
@whowasthatmaskedman I bet they will all scream bloody murder when their PS 5 pro costs $1000.
whowasthatmaskedman · 70-79, M
Trump doesnt believe it. But he knows votwers will believe it and thats what matters..
I guarantee he still doesn't know how tariffs work.
Diotrephes · 70-79, M
@BohemianBabe
Yes, but they knew how tariffs work. Biden used them too.

So, why get upset when the orange traitor does the same thing?
@Diotrephes Because Biden used tariffs specifically on products that have a good American alternative. When used correctly, tariffs can be good. But when Trump was president, he used them randomly. This time, he wants to tariff everything. The result is not going to be that companies buy American products instead of Chinese products, because most of this stuff isn't going to have an American alternative. All this will do is raise the price of everything.

It's like any other government regulation. Regulations can be helpful, but not when applied randomly with no knowledge of how they even work.
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Bumbles · 51-55, M
I think the tariffs are more about opportunities for bribery. I understand that Biden continued many Trump tariffs. Are they always bad?
@Bumbles Aside from the bribery angle, think of a tariff as a tool, say a hammer. Its good for driving nails, but beating on a noisy machine until it stops making noise may do more than stop the noise.
He thinks the middle class is the UPPER middle class or lower Upper Class.
@SomeMichGuy The middle class pays for everything. A monopoly or conglomerate can lose money to compete a small business can't. Giving more money and power to the rich.
@Pitchblue Yes.
The guy bankrupts casinos. Of course he has no clue how economics or business works.
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@jshm2 Just think about what will happen to the poor people in Red States when the Republicans end Public Education.

 
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