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Trump will impose tariffs on the EU
(www.fxstreet.com)
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this post was submitted on 01 Feb 2025
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He doesn’t know how tariffs work.
Those countries don’t pay the tariffs. We do.
Dumbass is literally just making stuff more expensive for Americans. It’s only worth it if you’re trying to protect national industries.
But barely any companies make anything here anymore.
He knows and by making EU products expensive he is forcing the consumers to buy US products or save their money. Protectionism isn’t new to the US, that’s how it built up its industrial base in the 19th century. Now how this will truly play out is to be seen.
Edit:
I have been told that Wisconsin makes good cheese. Not sure why people are upset.
Trump does know how tariffs work. At least enough to know the consumer ultimately pays.
He’s not the sharpest tool in the shed, but he knows how to kayfabe. Don’t assume that what pretends to know is what he actually knows.
None of his supporters know how tariffs work either, all he has to do is sound belligerent and they swallow it.
This. G**gle searches for tarrifs and what they are skyrocketted after the pumpkin came into office. Buncha idjits.
Edit: After he won and after he came into office.
After Brexit searches went up asking what that was. People are thick.