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Looks like Trump made things worse with China

By: Cactus Flower in ALEA | Recommend this post (0)
Mon, 13 May 19 8:13 PM | 37 view(s)
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because his pea brain cannot understand that tariffs are paid by customers rather than suppliers.

Trump's tariffs increase the taxes US consumers pay to purchase Chinese goods.

So basically, he reduced taxes on the 1% and increased them on folks who buy cheap Chinese goods. Not quite what he claimed he would do.


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