Companies, taxpayers will pay for tariffs
President Trump is lying, again. Now he’s saying that the U.S. is making “tens of billions of dollars from China” due to the tariffs which Trump arbitrarily placed on Chinese products imported into the US.
Of course, that is a complete and total lie, and he knows it’s a lie.
U.S. companies which import Chinese goods pay every penny of those tariffs, not China, and those companies will pass those costs on to you and me. We pay “tens of billions of dollars” to the U.S. treasury. This is Trump’s tax on U.S. citizens.
Now, Trump is also saying that he will divert billions of those “Chinese dollars” to U.S. farmers because they are being hurt by tariffs which China imposed in retaliation to Trump’s tariffs. Again that is a lie. He is not diverting Chinese dollars. He is giving those farmers our Trump tax dollars; again, we are being taxed to support the farmers, most of whom still support Trump.
I know Trump lies about everything. When are the people he lies to, his supporters, going to wake up?
I will give Trump credit for one thing. He understands the 35 percent of Americans who still support him; they will believe any lie he tells them, no matter how stupid, vulgar, or un-American.