Tariffs are taxes paid by American importers, not foreign govts, meaning the money “flowing in” is actually coming from US businesses and consumers, not China, India or anyone else.
It’s like robbing your own citizens and calling it foreign income. For someone who claims to be a business genius, not understanding this basic economic principle either points to a dangerously low IQ or deliberate deception, and neither is reassuring.
Thank you for your attention to this matter.
My MAGA neighbor five minutes ago: “I just read that tariffs are going to raise prices for stuff. I don’t get it. I thought China was going to pay them.”
I explained how tariffs work. I wish you could see the look on the guy’s face when it sunk in.
So much ignorance out there.