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So. Either US importers will eat the costs (still affects USians) Or the other country will do an easier sale to a third country.

which is why it doesnt go from a 100 dollar widget to a 110 dollar widget. it goes to a 140 dollar widget to make up for the drop in demand from the added tariff cost.

Not to mention his claim is unrealistic to begin with. Xi is going to hit back. It’s not daytime in China yet.

Why is it seemingly impossible for Democrats to explain this simple regressive taxation scheme to the idiot voters of America?

Seriously!! It’s the money we consumers will pay for goods and services! I took economics 101 and I know that!!!

That's it. I will no longer call it a tariff. FOR NOW ON, TARIFFS ARE CALLED "TRUMP TAX" #TrumpTax

Hey guys, taking a giant plane full of morons and cronies to south Florida EVERY weekend to play golf isn’t cheap.

I would like the formula explained showing how that tax will deliver that amount of revenue. I just plain don't believe it will.

Say it loud!

To. The. Federal. Government.

I can't believe people are STUPID enough to believe his obvious bullshit!

That's if we buy those expensive items

Although, companies from other countries do pass it along as I said, non?

Yes. Thank you for the clarification,

OK, no more Temu, no matter how cheap

And it's a regressive "consumption tax" (larger % paid by poor) not the progressive "income tax" (rich pay fair share for the USA) bsky.app/profile/phys...

Do you think the MAGA will understand that even if they get a sliver of the tax cuts, they’re just effectively getting their own money back? I doubt it. Faux news will spin it as a gift from the great orange god.

An additional trillion!

Also, not likely to be a trillion dollars

People won't understand until the current stockpiles get low. So many companies stockpiled products. Once those run low...things going to start to get real for people.

Trump claims he is taking in 2 billion dollars a day in tariffs. The stock market just lost 12 trillion dollars since he was inaugurated. It would take 6000 days to make up that loss.

Every single thing he says is a big fucking lie. Every Single Thing

#HighestTaxesEver

And I bet you a dozen eggs, the national debt will continue to rise

Give this to the people. Not $1Trillion - SIX. President Trump’s tariffs are a $6 trillion tax on Americans. That’s the line and the only line Democrats should use from now until midterms. OFTEN. www.msn.com/en-us/news/p... @housedemocrats.bsky.social @democrats.senate.gov

Not if we refuse to buy anything but necessities. While they will still go up and cost more, we should only buy consumables. Nothing else

Also then he wants to use that money not to help anyone but to have a military parade!

Exactly, this is how tariffs work, in any country.

Actually... that's the same thing I said. The destination country charges the company, and that becomes revenue for the country of destination. The companies importing the products, can then chose to pass those costs on to consumers, which they usually do.

Thanks for the clarification!

Dude, price elasticity. Nobody will be paying those tariffs, because trade will stop....

Yes. This is a huge consumer tax increase. I don’t think anybody voted for that

Good to know we can help a billionaire become a trillionaire and all we have to do is starve and be homeless

I feel like we need a simple cartoon explainer on this.

How come the Wharton business school genius can't comprehend this.

Very interesting, I will research this.

If only we were all so smart

Then eliminate all taxes!

And when Trump is bribed* to bring down a tariff, the money does not go into our pockets. *Trump meme coin seems to have come out just in time readsludge.com/2025/01/28/h...

After losing over $6 trillion in stock market value.....tired of winning yet?

Right into his pocket...

A $1 trillion dollar additional tax on Americans. Yay, me!

Topping the 6 trillion out of your 401k’s

Modern politics=telling people not vote for something that is CLEARLY A BAD IDEA. They then vote for it !

the other big question that should be definitely answered where exactly would that money go?? what guarantees do we have?

And it's going into billionaire's pockets

I love how he assumes people will continue to buy the imported products that generate this imagined revenue.

$1trillion from our pockets plus inflation plus the stock market crash all for the joy of working a in a factory so we can screw screw screw. Screw Trump.

MAGA won’t believe it when a toaster cost $400 because Trump will tell them it use to cost $800.

Facts….

Tariffs are a regressive tax, meaning those with the lowest incomes will be putting a much greater percentage of their income toward this $1 trillion than those with the highest incomes.

Yes Indeed, he has managed to take it out of the markets and the pockets in one fell swoop!

Largest tax hike placed on the American people and the poorer you are the greater the percentage you will pay. Good luck, MAGA

I've never paid a 104% sales tax.

And ps...trump always refers to himself as America or the country or our country.

Yep!