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Showing posts with the label Trump's Tariffs

“I Will End Inflation on Day One”

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This promise gained Trump votes in the 2024 Election. However, it was just another lie from the man who has never told the truth. Legitimate Economists claim that the orange buffoon’s latest tariffs will raise grocery prices, causing more pain for the majority of our nation’s people. He doesn’t care. Everything is always about him. Every economist offers the same opinion: tariffs will destroy the economy and inflation will grow by as much as ten percent. When Trump was campaigning in 2024, he promised to ‘run our country like he runs his business.’ If you knew about Trump’s failures, you would never have voted for him. The only reasons he continues to have a business is because foreign nations rescued him and he used illegal methods to get undeserved loans when his world was falling away. For the latter reason, he is a convicted felon. Trump’s only tactic is no different from the schoolyard bully you might remember in elementary school. He threatens his adversaries, and lies to those f...

Simple and Truthful Information About Tariffs: You Will Be Pissed Off

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If the word “tariffs” enters the conversation, most people have no idea what that involves, and no idea about how it might affect them and their families. I am going to make it simple and clear for everyone. I will warn you, this is the ultimate scam by a professional politician. Tomorrow, February 1, 2025, Trump will impose an additional tariff of 25 percent on imports from China, Canada, and Mexico. Tariffs is just another word for “tax.” American companies which import raw materials or finished goods from these three countries will be forced to pay a 25 percent increase for their purchases: the same percentage attached to the items exported from China, Canada, and Mexico. This is known as a tariff. Here's where Trump is playing tricks on the American people. The extra 25 percent increase goes directly to the national treasury. Because American businesses are forced to pay more for the imports they purchase, the cost is passed onto consumers. This is where Trump is once again pro...