Tariffs for dummies

Stalin

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Apr 4, 2008
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Welcome to the fantasy factory where the world's manufacturers will close their factories in cheap labour countries and move them to the united states.

As is now usual with this pathological liar, a cavalcade of lies for the fox news gullible to soak up.

Fact Check: Trump's false claim that China “never paid 10 cents to any other president” from tariffs​

From CNN’s Daniel Dale
President Donald Trump also repeated today his frequent false claim that, before his first presidency, China “never paid 10 cents to any other president” from tariffs.
Aside from the fact that US importers make the tariff payments, the US was actually generating billions per year in revenue from tariffs on Chinese imports before Trump took office. In fact, the US has had tariffs on Chinese imports since 1789. Trump’s predecessor, President Barack Obama, imposed additional tariffs on Chinese goods.

more lies and nonsense at https://edition.cnn.com/business/live-news/tariffs-trump-news-04-02-25/index.html

comrade stalin
moscow
 
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