Hey Donald Trump, Tariffs Don't Work That Way

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Hey Donald Trump, Tariffs Don't Work That Way
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Sometimes, we refuse to see the obvious.

There's an old story about a woman who sees floodwaters rapidly rising outside her front door. A man comes by in a rowboat and offers a ride to safety. She refuses, saying 'the Lord will provide.' The waters rise further, and she retreats to the second floor. Another would-be rescuer races up in a motorboat and tells her to get in. 'No,' she says, 'the Lord will provide.' The waters rise and she climbs onto the roof.

are going to be in for a very rude awakening when a second Trump administration does this, and all of the sudden, the price of gas goes up 30 percent.'Indeed, study after study confirms that we, American consumers, paid 100 percent of Trump's last round of tariffs through higher prices—amounting to $832 per household each year. The bill for Trump's new planned tariffs is estimated to be more than four times higher. It's like a yearly tax increase of $2,600 per household.

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