Fact check: Trump and Vance keep falsely describing how tariffs work
“Washington (CNN) — Former President Donald Trump and Republican vice presidential nominee Sen. JD Vance continue to falsely describe how one of their major policy proposals, across-the-board tariffs, would work.”
Other Countries Do Not Pay Our Tariffs! Our Importers Here Pay them and pass the Cost on To US! When we put in tariffs other countries put in tariffs against OUR products we export to THEM. Farmers were CRUSHED under Trump!
This may be the 101st or so time he has said this lie:
This was probably 96th or so:
America’s trade gap soared under Trump, final figures show
“As Trump tamped down on imports from China, U.S. companies turned to other foreign supplier”
Trump has told this same lie thousands of time. Sad thing? His MAGA rally audience has no clue he is wrong. Now JD Vance is parroting the lie. The replies to this tweet are awesome! I made a new page….
Importers IN the United States PAY the Tariff. No check comes from China or Japan or ….
Tariff Tracker: Tracking the Economic Impact of the Trump-Biden Tariffs
“The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs on thousands of products valued at approximately $380 billion in 2018 and 2019, amounting to one of the largest tax increases in decades.”