Even Trump’s Most Avid Supporters Must be Tired of his Lies and Broken Promises
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The Truth: Tariffs are Import Taxes which go into the national Treasury. However, Consumers pay that tax when prices are raised for commodities as importers pay more for their raw goods. Trump Obviously Failed ‘Economics’ in Military Boarding School. I was aware of this fact and knew that his promise to end inflation, or more accurately, “Greedflation,” on “day one,” was a blatant lie. Trump jokingly referred to yesterday, Wednesday, April 2, 2025, and “Liberation Day,” when his ill-advised tariffs would become a reality. [The new tariffs introduced by Mr. Trump on Wednesday include a 10% universal tariff, as well as so-called reciprocal tariffs on more than 60 countries that are trade partners with the U.S. The tariffs will be additive, meaning that imports will face both the universal tariff of 10% plus the specific reciprocal import levies targeting each nation.] Trump lied and said that “eventually prices will be lowered.” The facts and opinions of qualified economists claim the op...