Some thoughts on tariffs

Truth Detector

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It’s fascinating to watch the same lying Democrat morons who told us Biden inflation is transitory or unavoidable, who now rant about tariffs and potential inflationary impacts.

After downplaying the highest inflation in 40 years and after downplaying the recession of 2022, the same dotards argue that massive trillions in deficit spending, $37 trillion debt and global nations putting trade barriers on American goods is a better strategy.

Yes, progressive leftist Democrats are the dumbest fools on the planet.

…………….

It is a giant lie to call tariffs a tax. Tariffs are not a tax. It is trade policy that falls under the purview of the executive.

Tariffs are paid by the exporter that may or may not cause an increase in the price to the importer, who then also may, or may not increase his prices based on competition.

Buyers may or may not buy the goods at the increased prices.

Unlike a tax that is involuntary, buying goods at a higher price is purely voluntary.

Those who call this a tax are either lying, uninformed, uneducated or just playing dishonest politics.
 
Now it is time to play; WHO SAID THAT!!??

China takes total advantage of the United States. They steal our intellectual property using cyber theft. Not only do they steal our intellectual property, they keep our good companies out and say the only way you’re going to be able to sell your American products in China … is if you come to China, make them there, and give us the techniques and intellectual property.”

and....

“I’m closer to him (Trump) on trade than I was to either Obama, a Democrat, or Bush, a Republican because we’ve got to get tougher on China. … But the president and his team have to stick with it, be strong, and not sell out for a temporary purchase of goods without addressing the real issue: the theft of American intellectual property which will cost us millions of American jobs in the long run.”
 
Who said this?

“In terms of tariffs, it’s interesting to note that the average MFN (most favored nation) tariff for Chinese goods coming into the United States is two percent, whereas the average MFN tariff on U.S. goods going to China is 35 percent. Is that reciprocal?”
 
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