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On inflation and the tariffs: "Foreign countries aren't giving us discounts. They're not eating the tariffs. Some of it's going through to the grocery store, but a lot of it's coming out of the profits of big corporations. That's not going to happen forever "

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Justin Wolfers

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40,301 просмотров • 11 месяцев назад •via X (Twitter)

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“India is the poster child of why the Trump policy, foreign policy on tariffs, make sense, right? They treated us like crap, not only with tariffs, but also non tariff barriers. Non tariff barriers really like an infinite tariff. And so there's that kind of turf going on now, but they're big. They're going to be a good, big economy, 10-15, whatever, years from now.”
1:22

“India is the poster child of why the Trump policy, foreign policy on tariffs, make sense, right? They treated us like crap, not only with tariffs, but also non tariff barriers. Non tariff barriers really like an infinite tariff. And so there's that kind of turf going on now, but they're big. They're going to be a good, big economy, 10-15, whatever, years from now.”

Rohit Sharma 🇺🇸🇮🇳

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Joe Borelli on the success of Trump’s tariffs: “Well, let's be specific about tariffs. The GDP number was driven by an 8.8% growth in exports, right? That is fundamentally attributable to tariffs. That was a big part of it. It's not just government spending. But how could we talk about something as a mixed bag when you have inflation going down, job numbers going up, and the economic growth of beating the estimate by a full percentage point?” “That's not a mixed bag. That's a full-out win for Donald Trump in his first year in office. It's a justification of Republican governance. It's a justification of President Trump's policies. And, yes, I'm sorry that not every American is feeling it right now, but going into 2026, you'll see some of the tariffs work themselves out. We'll have new trade deals. You'll see the implications of the big beautiful bill actually play out in the tax returns in the first quarter of 2026. You're going to see a great economy for Americans, and that's when you'll see Americans at every level feeling it.”
1:12

Joe Borelli on the success of Trump’s tariffs: “Well, let's be specific about tariffs. The GDP number was driven by an 8.8% growth in exports, right? That is fundamentally attributable to tariffs. That was a big part of it. It's not just government spending. But how could we talk about something as a mixed bag when you have inflation going down, job numbers going up, and the economic growth of beating the estimate by a full percentage point?” “That's not a mixed bag. That's a full-out win for Donald Trump in his first year in office. It's a justification of Republican governance. It's a justification of President Trump's policies. And, yes, I'm sorry that not every American is feeling it right now, but going into 2026, you'll see some of the tariffs work themselves out. We'll have new trade deals. You'll see the implications of the big beautiful bill actually play out in the tax returns in the first quarter of 2026. You're going to see a great economy for Americans, and that's when you'll see Americans at every level feeling it.”

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NEWSNATION: Grocery inflation is up, so it still costs people a lot to go to the store. When is that going to change? BROOKE ROLLINS: The cost of groceries is actually coming down. There was a little blip at the end of the year because it's the holiday and a lot of people are spending a lot more money at the grocery store.
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NEWSNATION: Grocery inflation is up, so it still costs people a lot to go to the store. When is that going to change? BROOKE ROLLINS: The cost of groceries is actually coming down. There was a little blip at the end of the year because it's the holiday and a lot of people are spending a lot more money at the grocery store.

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Trump admits that tariffs are inflationary: "China is not doing any business with us, essentially, because it's a very high number. So when you add that to the price of a product, a lot of those products aren't going to sell."
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Trump admits that tariffs are inflationary: "China is not doing any business with us, essentially, because it's a very high number. So when you add that to the price of a product, a lot of those products aren't going to sell."

Aaron Rupar

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Kinzinger: He has a fundamental misunderstanding of the role of tariffs. He really believes that the US is going to get very rich from tariffs. And this is going to close the budget deficit. That's not the reality. Tariffs should be used if you're fighting real unfair trade practices, but not against your friends, and not because you think you can raise money with it
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Kinzinger: He has a fundamental misunderstanding of the role of tariffs. He really believes that the US is going to get very rich from tariffs. And this is going to close the budget deficit. That's not the reality. Tariffs should be used if you're fighting real unfair trade practices, but not against your friends, and not because you think you can raise money with it

Acyn

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Mark Cuban says OpenAI will never see a return on $1 trillion "They'll never get it, they're just throwing away that money" "There's a lot of fud being put out about the spending, spend a trillion dollars because we need all this data center capacity. Well, the data center, the ability to process is going to get faster, cheaper. It's going to happen faster than people expect" "So a lot of the numbers they're throwing out there aren't going to come to fruition, which is why I say they're full of it. It's not going to happen"
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Mark Cuban says OpenAI will never see a return on $1 trillion "They'll never get it, they're just throwing away that money" "There's a lot of fud being put out about the spending, spend a trillion dollars because we need all this data center capacity. Well, the data center, the ability to process is going to get faster, cheaper. It's going to happen faster than people expect" "So a lot of the numbers they're throwing out there aren't going to come to fruition, which is why I say they're full of it. It's not going to happen"

katsu

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Hoekstra: Some of the retaliatory tariffs to the U.S. are a huge irritant. We have protected the integrity of CUSMA, okay. Our negotiators have said we are not going to implement tariffs on any products that are covered under CUSMA. Canadians have said those guardrails are off. Canada is calling into question the future of CUSMA. It's not the United States of America. It's Canada.
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Hoekstra: Some of the retaliatory tariffs to the U.S. are a huge irritant. We have protected the integrity of CUSMA, okay. Our negotiators have said we are not going to implement tariffs on any products that are covered under CUSMA. Canadians have said those guardrails are off. Canada is calling into question the future of CUSMA. It's not the United States of America. It's Canada.

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Trump: Because of tariffs, we are taking in hundreds of billions of dollars of profits. It's one of the reasons I can offer, if Republicans win the House and the Senate, $5000 to every adult. And we can do it and the Democrats can't because the Democrats don't have any income and they're going to drive us into a depression (As many have pointed out, tariffs wouldn’t cover the cost and he has made similar promises before without following through)
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Trump: Because of tariffs, we are taking in hundreds of billions of dollars of profits. It's one of the reasons I can offer, if Republicans win the House and the Senate, $5000 to every adult. And we can do it and the Democrats can't because the Democrats don't have any income and they're going to drive us into a depression (As many have pointed out, tariffs wouldn’t cover the cost and he has made similar promises before without following through)

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🇺🇸 TRUMP: COUNTRIES MILKED THE U.S., SO TARIFFS ARE A FAIR BALANCE "They're taking advantage of everybody took advantage of the United States. But I've been very fair, and I gave them a tariff, and it was fine. But I realized that without us, it's not Switzerland anymore. Without us, it's not any of the countries that are represented here. And we want to work with the countries. We want to work with them. We're not looking to destroy them." Source: Fox News
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🇺🇸 TRUMP: COUNTRIES MILKED THE U.S., SO TARIFFS ARE A FAIR BALANCE "They're taking advantage of everybody took advantage of the United States. But I've been very fair, and I gave them a tariff, and it was fine. But I realized that without us, it's not Switzerland anymore. Without us, it's not any of the countries that are represented here. And we want to work with the countries. We want to work with them. We're not looking to destroy them." Source: Fox News

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Lutnick: Tariffs are not inflation. It is outrageous that people think tariffs are inflation. What inflation means is I'm going to go buy this tie. And I know the tie is going to cost 30 bucks. But next year I think the tie is going to cost $33. And the year after it's going to cost $36. So I have in my head 10% inflation. If this tie is made in Italy and it's going to cost $31.50 now, so what, it's not going to change next year or the year after the year after…

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