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“I understand tariffs” followed by not understanding tariffs.

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Destiny | Steven Bonnell II

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55,271 views • 5 months ago •via X (Twitter)

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Nancy Pelosi can back tariffs, but Trump can't. Barack Obama can back tariffs, but Trump can't. Joe Biden can back tariffs, but Trump can't. Bernie Sanders can back tariffs, but Trump can't. Am I understanding this correctly?
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Nancy Pelosi can back tariffs, but Trump can't. Barack Obama can back tariffs, but Trump can't. Joe Biden can back tariffs, but Trump can't. Bernie Sanders can back tariffs, but Trump can't. Am I understanding this correctly?

Christian Collins

497,398 views • 1 year ago

This is an eye opener for understanding tariffs. People need to understand why they are such a useful tool.
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This is an eye opener for understanding tariffs. People need to understand why they are such a useful tool.

Michelle Maxwell ™

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MAGA STILL Doesn’t understand tariffs
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MAGA STILL Doesn’t understand tariffs

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🚨 NEW: Canada Prime Minister, Justin Trudeau, says that Canada will be responding to US tariffs with their own tariffs of 25% against $155M worth of US goods. There will be tariffs immediately against $30B worth of goods on Tuesday Feb 4th followed by $125B tariffs in 21 days.
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🚨 NEW: Canada Prime Minister, Justin Trudeau, says that Canada will be responding to US tariffs with their own tariffs of 25% against $155M worth of US goods. There will be tariffs immediately against $30B worth of goods on Tuesday Feb 4th followed by $125B tariffs in 21 days.

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"I Would've Used Tariffs, Not Explosions" 🍿
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"I Would've Used Tariffs, Not Explosions" 🍿

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We are 🤏 close to Americans understanding how tariffs work
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We are 🤏 close to Americans understanding how tariffs work

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GEIST: Do you think tariffs help or hurt prices for consumers in this country? BESSENT: I think tariffs help consumers GEIST: Do you believe tariffs are a tax on consumers? BESSENT: I do not believe tariffs are a tax on consumers
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GEIST: Do you think tariffs help or hurt prices for consumers in this country? BESSENT: I think tariffs help consumers GEIST: Do you believe tariffs are a tax on consumers? BESSENT: I do not believe tariffs are a tax on consumers

Aaron Rupar

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Trump STILL Doesn't Understand How Tariffs Work #davidpakman
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Trump STILL Doesn't Understand How Tariffs Work #davidpakman

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Sen. Tina Smith: Is it your perspective that tariffs are not contributing to inflation? Trump nominee: I do believe that tariffs generally cause prices of some goods to go up relative to other goods Smith: The tariffs implemented raised spending amounts by 3.1%. That would argue that tariffs are contributing to price increases. Nominee: I think it's too early to tell exactly what the effects of tariffs are.
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Sen. Tina Smith: Is it your perspective that tariffs are not contributing to inflation? Trump nominee: I do believe that tariffs generally cause prices of some goods to go up relative to other goods Smith: The tariffs implemented raised spending amounts by 3.1%. That would argue that tariffs are contributing to price increases. Nominee: I think it's too early to tell exactly what the effects of tariffs are.

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Newsmax host to Leavitt on Trump's farm bailout: "It's not funded by tax dollars. It's funded by tariffs." "That's right," Leavitt replies (Tariffs are taxes on American importers)
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Newsmax host to Leavitt on Trump's farm bailout: "It's not funded by tax dollars. It's funded by tariffs." "That's right," Leavitt replies (Tariffs are taxes on American importers)

Aaron Rupar

185,118 views • 8 months ago

Tariffs 101: Tariffs are not paid by countries. Canada does not pay them to the US. Likewise, the US does not pay them to Canada. The importer from that country imposing the tariffs, pays it. For example, if Trump imposes 50% tariffs on trucks made by GM, but GM made them in Canada. GM is paying $50K in tariffs. Not Canada. And that $50K extra in tariffs, is ultimately paid by the consumer. Ultimately, it's a tax paid by businesses, passed down to the consumer of the country that imposed the tariffs. Likewise, Canada imposing tariffs on the US, only hurts Canadian customers. Countertariffs are done strategically, to prevent the flight of manufacturing, from Canada, to the US. In the end, during trade wars like this, consumers always end up paying the price.
5:18

Tariffs 101: Tariffs are not paid by countries. Canada does not pay them to the US. Likewise, the US does not pay them to Canada. The importer from that country imposing the tariffs, pays it. For example, if Trump imposes 50% tariffs on trucks made by GM, but GM made them in Canada. GM is paying $50K in tariffs. Not Canada. And that $50K extra in tariffs, is ultimately paid by the consumer. Ultimately, it's a tax paid by businesses, passed down to the consumer of the country that imposed the tariffs. Likewise, Canada imposing tariffs on the US, only hurts Canadian customers. Countertariffs are done strategically, to prevent the flight of manufacturing, from Canada, to the US. In the end, during trade wars like this, consumers always end up paying the price.

Mario Zelaya

20,977 views • 9 days ago