Summary
Donald Trump is poised to impose massive import tariffs on goods from Canada, Mexico, and China, effectively raising taxes on U.S. households by an estimated $3,000 annually.
Unlike past tax increases that targeted the wealthy, these tariffs disproportionately impact low- and middle-income workers.
While Trump claims the measures address immigration and fentanyl concerns, experts argue they serve as a revenue source to offset tax cuts for the rich.
Critics contend that Trump’s tariffs lack a clear industrial strategy and primarily burden American consumers.
😂😂😂 Oh boy those MAGA idiots that were complaining about inflation and thought voting for Trump would help them. 🤣🤣🤣
How’s that going for you? 🤡🤡🤡
They’d cut off their nose to spite their face. As long as people they don’t like are hurting, they’ll suffer as well. They’ll probably just find a way to blame Biden or Obama again.
They won’t actually find a way. They’ll just make up shit that Trump was actually responsible for.