Brutkey

DrALJONES
@DrALJONES@mastodon.social

Analysis: Tariffs are taxes. "Americans, not foreigners, pay them through higher prices."

Treasury Sec Scott Bessent admitted that tariff payments come from American importers, not foreign sellers, & importers often pass the costs to consumers.

Trump's so-called β€œdeals” with trading partners are mere power play, & the tariffs are starting to hurt the economy.

https://zeteo.com/p/maga-is-being-conned-trumps-tariffs

#Tariffs #USPol #EuroPol #Inflation #USEconomy #USTaxes .