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Si. 😂😂😂😂

You know because market share is way more important that profit...

And we're all supposed to believe that US importers will act like charities and will not pass on their extra costs to their US customers. Because that's what companies do in a capitalist society, yes, not pass on costs through their pricing?

Love the way Bessent tries to repeatedly tries to redraft the question to say what he wants.

Oh crap! And pharmaceuticals.

Wow, he certainly stumbled over his answer. Such a simple question.

This is an effort to bankrupt small businesses. There is no way they can possibly compete with the big guys. It's up to us to patronize our local shops and keep them alive. Once they're gone, the big guys will have no reason to keep prices down. We will be at their mercy for everything.

Tariffs are taxes!

I'm happy this guy isn't my financial advisor if he has to have the truth extracted like pulling a tooth without the use of anaesthetic

What a sleazebag.

I mean, is he blinking in Morse Code?

Bessent is an idiot. I give negative shits about any education he may lay claim to, because the man is a babbling blob of stupid.

Si. Y eso van a hacer...jajajaja

Walmart is a business. If they make "BILLIONS OF DOLLARS" that's free enterprise. The money pays wages. But the federal Treasury does NOT exist to make money and Trump keeps gloating about $billions in tariffs going into the Treasury. He's trying to oust Powell. Trump wants access to the money.

P.S. this is how a real reporter does it.

Notice how uncomfortable bessent was when he was forced to admit we pay the tariff.

How could any serious person become a republican today?

These people’s ignorance would be entertaining if their nonsense stopped at the end of their mouth but is disastrous when it impacts everyone’s lives!

Right, so the importer who marks the product up by 15% is going to absorb the 50% tariff and thus have a business model of losing 35% on all the product he imports.

Collected by the government and passed to the American consumer by the retailers. So in the end, it is a massive backdoor regressive tax increase on Americans.

He thinks he’s above us. We don’t understand big words like import and export. He says the truth out loud like it’s too complicated for dumb Americans to comprehend. We understand, completely. You’re raping American businesses and letting them take the blame for raping us. Rape is your game.

Anathema for any repub to suggest taxes could/should be increased. So to get around it, use tariffs and encourage false belief that the importer pays it. Therebye, raise revenue and leave their clueless base with the idea they're not paying it...until they realize they are.

He would never say that on Fox.

"keep going, you're nearly there"

it was like pulling teeth!!

Eugene Robinson is a gem

Way to lead the blind idiot.

Please tell me there was a follow-up question to connect the dots, that the importer who pays the tax, will increase the price to recoup that tax from the consumer who buys the product. Why why did he end there. Or did you just cut it off.

So… are the Tarrifs the corporations are going to pay erase that tax break? Corporate America seems pretty dumb.

slimy worms, all of them. It's how they speak, and why you can't trust them.

We could buy our Brazilian coffee from Argentina ☕😁 The exporter might decide to reduce its price to cover part of the tariff. On the other hand it might just decide to sell to someone else. The importer may or may [not] pass the increase on to the consumer. Ah yes US companies want to lose money.

Bessent snivels and avoids answering this simple question. Basically refuses to answer. He says “Check is written to the person who receives it at the dock.” That is not true, and Eugene Robinson has to ASSUME he meant to say “check is written BY the person.” Bessent is unable to NOT LIE.

I call BULLSHIT on the "what we've seen" comment.

Fucking clown show!

Are you still debating who pays the import tariffs? You are overcomplicating it. The importing country does.

He likes to talk in circles just to confuse people

And the maga ignorances can’t figure out … red state poverty / welfare will get hit the hardest! Morons

Yes, and the consumer pays higher prices!

He worked so hard to avoid answering the direct question he was asked 🙄

In well regulated competitive free enterprise economies profits tend toward very low %s. An exporter in another country doesn't have any room to just absorb anything. Eventually all costs will end up on the buyer. Econ 101 and they all know it or have willfully forgotten what they were taught.

‪ Yes the argument is that tariffs by foreign countries raise prices on American made goods but that tariffs on foreign made goods do not raise prices in America on those goods. Some might see this as a contradiction and others may see it as bullshit.

It’s the latter.

MAGA still says they are ‘ winning’ and Democrats ruined our country. The Age of Unreason is upon us

That deeply uncomfortable little purse-lipped nod Bessent gives when he's forced to acknowledge the truth. You can tell he hates this.

So big corporations either on the exporting or importing side, might decide to "eat the tariff" and shrink their profits to inflate Trump's ego. That won't last too long Scott. These wealthy corporations might decide to donate to the Dems. They're in it for the money, and nothing else.

WTF?! This idiocracy is on purpose, right? RIGHT?!?!

Bessent is off the news shows for 30 days post interview stating usa pays tariffs. Poor guy should have brought Nutlick who has no clue or care so he would never admit it. Now that Nutlick is face of tariffs, news, go after the chortling fool.

🤣😂🤣😂🤣 Yeah right and they are those dumbest people in this country if they believe that.

There’s no way to make a pig look like Marilyn Monroe. But you keep trying Bessent.

Foreign companies in the United States will pay a tariff to sell in the US, which will raise the price for Americans, and Trump will write them a check? Who wins? Foreign countries? No. Americans? No. The US government? No. 🤔

These $$$ is taken right out of the importers bank account before the goods are released to the importer at the dock. That’s how it works. We pay for tariffs. Tariffs are a TAX!

www.nytimes.com/2025/08/07/b...

'Well yes BUT OTHER PEOPLE COULD CHOOSE TO LOSE MONEY SO TRUMP TARIFFS FINE OK?'

2/ the bulk of the tax as the US importers push the burden up the production chain. I imagine a cup of Joe will be one of the first things to go up in price since Brazil is a huge supplier, and Brazil plans to reroute exports to other places.

El resultado final de la ley de la oferta y la demanda. Exacto. A pagar más por lo mismo!

Good work Eugene

The cat... is out of the bag.

Tough when you come up against someone smarter than you, eh Bessent. That smug smile is a sign of defeat. Keep lying for the fraudster president and you will have many more moments like this.

How did he find so many of the absolutely worst people to put in positions of power? Where is the resistance? No factions in government?

It is astonishing this still qualifies as news. Trump's trade war on China began in his 1st term, and the press still does not understand tariffs are paid by importers. Truly pathetic. Here is a little primer on tariffs, with reference to the EU "trade deal". www.jandehn.com/post/the-us-...

And I COULD win the lottery tomorrow, but we know the exporter ain't gonna lower prices and I'm not gonna win tomorrow.

Right there with you! I Noped out right after they went groveling in January.

You can see the last bit of Bessent’s soul wisping away

Yes, finally someone picked up on that. You could see his Adams Apple swallow hard on that response

📌

He was just put in charge of the IRS.

There was one after "Being There," "The Fiendish Plot of Dr. Fu Manchu," which one day I will watch. Very few films can top "Being There," though.

I just can't with these fucking people. "...can choose to pass it on..." WTF else are they supposed to do, eat it?

The administration continues to misinform the American people, they double down on their misinformation, hoping to turn it into acceptance… 🗳️Vote All Republicans Out!🗳️

Bessent tap dancing..

Exactly! The Dems should be shouting it from the rooftops every time Trump bloviates about his big tariff windfall . . . PEOPLE - all that money Trump is bragging about - he stole it from YOU - it came out of YOUR pocket! Wouldn’t you rather have kept that money for yourself & family⁉️🤦‍♀️

They have a million times. There were so many protests at the capital it was crazy. The GOP had the votes and while we met with Democratic Senators the Republicans hid. They, and we, screamed it from the rooftops. They were so successful at ‘ othering ‘ no one believes only their own hate

And then the business can pass it on to the consumer, quietly go bankrupt, or take some middle road that leaves the consumer with a higher price & the company less profitable. Thank you for your attention to this matter.

Consumers will ultimately pay the tariffs. How are people still not getting this? It's been covered ad nauseam.

Shitty superpower.

We ARE ALL his enemies.

Sad, but so true!

He’s done Canada a favour our government is building new trade partners which will make us independent of US trade. And as a people Canadians (the enemies of the US) stopped buying US wine & whiskey; we’ve stopped vacationing in the US no one visits fascist countries #CanadaStrong #ElbowsUp

Everyone Is an enemy to a tyrant that’s why he surrounds himself with loyalists until their time is up. I am so tired of hearing him talk about what a victim he is

We have options. We don't have to buy American goods. Plenty of options

Do we call this pretzeling now? 🥨

These people he hires are blind to basic patterns. Low intelligence with no scrupples. Unbelievable and yet I see a pattern.

And the importer passes that tariff right on to the consumer. This is why everything now costs more overnight.

US residents are paying the tariff, and it's not just at the dock. I've read numerous stories of people ordering everyday items and then getting an unexpected huge tariff bill along with it.

he's such a orange licker

Bessent's problem is that he's not that bright and Eugene Robinson is VERY smart and can run circles around that moronic, lying, piece of shit, Bessent.

For anyone interested and wanting to pull your hair out because we shouldn’t be going back two centuries but they figured out centuries ago that tariffs are no bueno. scratchpost.news/tariff-bill-...

Scott needs to read the room, do the honourable thing - resign, go home spend time with his husband and kids and mull his future out of the political realm. The only positive thing I can say about Bessent is that he at least is not quite and loathsome as Richard Grinnell.

"Boonesfarm"

I hear America’s tiny screw factories are elated. /s

I've seen more comfortable and straightforward teeth extractions. Bessent was painful to watch.

moins idiot chez MAGA peut-être 🤔

They are still trying to get Americans to believe that it is not us that will pay the tariffs. Those who vote for the dicktator are gonna find out soon enough when prices go up. Unfortunately, just like during covid, those not impacted by tariffs will still raise their prices bc they can.

And this guy is supposedly one of the brighter bulbs in the administration. Sheesh!!! 🤦‍♂️

They get good salaries, office deductions, expense accounts, free meals, subsidized meals, and insider trading tips. No wonder they cling so hard to power and work so hard to repeat the lies. It has become too lucrative. Soon they'll be raiding the treasury, once they get rid of Jerome Powell.

Don’t equate stupidity with intentional acts. They know damn well who pays, but they don’t care and trying to obfuscate around facts is becoming increasingly difficult for them.

The Peter principle is a concept in management developed by Laurence J. Peter which observes that “people in a hierarchy tend to rise to "a level of respective incompetence": This is America made great by Trump.

They definitely think we are breathtakingly dumb to believe their lies.

Words matter call it what it is!

And laser focused on being delivered to a certain group of Americans - who are about find out the real truth as the effects of tariffs hit their credit cards & bank accounts when shopping clicks into high gear at the end of Aug.

Bessent isn't dumb - he's a sychophant lying his ass off about basic economics.

More of this, please!

TRANSLATION: TARRIFS ARE TAXS PAID BY USA CONSUMERS!

Just say it fool! The US citizens pay the tax directly to the federal government so they can build ballrooms, hire incompetent dummies and send Vance cross dressing on holiday and Donny cheating at golf. ORR we could pay workers and they could spend money how they like. Like actual freedom…

Bessant, up to this point, has lied in all interviews when asked this question.