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🚨🇺🇸 HASSETT: TARIFFS WORK BECAUSE OTHER COUNTRIES PANIC FIRST When Trump threatens tariffs and other countries suddenly scramble, that tells you who actually eats the cost. Not the U.S. consumer. The exporters who can’t afford to lose access. Tariffs as leverage only look dumb if they don’t work. The... show more

Mario Nawfal

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31,091 views • 5 months ago •via X (Twitter)

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🔥🚨 JUST NOW: NEC Director Kevin Hassett drops Tariff TRUTH BOMB “The fact that countries move so much when the President threatens tariffs says something about who’s bearing the tariff.” "If I think the US consumers are going to bear the tariffs, they wouldn't care."

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Other countries when the Trump tariffs hit

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Many think U.S. tariffs are a tax on India. This video breaks down how tariffs actually work — and who really pays the price.

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Kevin Hassett tries to gaslight Fox News viewers into thinking that American consumers don’t bear the brunt of Tariffs. “There are so many people who keep saying ‘it’s the American consumer that’s going to bear this tariff that’s going to make inflation go up, etc… In President Trump’s view, it’s these countries who are sending inelastic supply to the country, so they are going to bear the brunt… The fact that they are all angry and upset and sending retaliation our way, it suggest that Trump is right.” This is so wrong. First of all, countries don’t send inelastic supply. It would be inelastic demand, and even when demand is inelastic suppliers don’t typically lower their prices to absorb tariffs. Secondly, numerous studies (including from the Federal Reserve, National Bureau of Economic Research, and CBO) show that U.S. importers and consumers bear the vast majority of tariff costs. Tariffs are taxes on imports. U.S. companies pay those tariffs when they bring goods in—and usually pass the cost to consumers through higher prices. Don’t let them gaslight you.

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Here we go… Art of the Deal time President Trump sends a flurry of letters to the heads of other countries, informing them they will be charged a substantial tariff. HOWEVER, there will be no tariffs if these countries decide to build or manufacture product in the United States. If other countries decide to raise tariffs, the United States will add their tariffs to the already stated tariffs. • Tunisia 25% • Bosnia and Herzegovina 30% • Indonesia 32% • Bangladesh 35% • Serbia 35% • Cambodia 36% • Thailand 36% More incoming….

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A butcher in Pennsylvania spoke to Fox about Trump’s tariffs: “The consumer is going to pay for it.” (Most Americans aren’t buying Trump’s lie that other countries are the ones paying the tariffs.)

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.Charles V Payne: "Tariffs actually work and they work very well."

.Charles V Payne: "Tariffs actually work and they work very well."

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