Tarrifs are a federal sales tax paid by corporations importing shit from overseas and enriching our enemies. If the tariff replaces income tax, we will unleash entrepreneurship like we haven't seen in a century. Releasing individuals and businesses from this onerous and ridiculous bondage to report the movement of every penny earned or spent will give us a level of freedom none of us have ever experienced.
⚡️In addition to the 25% Tariff on Goods coming from Canada and Mexico, U.S. President Donald J. Trump has just announced that he will also be placing Tariffs of Goods coming from both China and the European Union.
https://video.nostr.build/6a63c49d7ee7f9bc337f2dd7a70b85f289f13f9efd601db54d691a845cbd7400.mp4
Discussion
Tariffs are another way for Trump to support himself and his ultra wealthy cronies. The cost of goods will rise. For the wealthy, consumer goods expenses are a much smaller percentage of their income compared to the average American. I'm a supporter of much of what he's doing, this is just the way I see it.
Yes, this will be a temporary problem. The market always siezes opportunity
it's paid by the consumer, the importer will not tank to covert the cost