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riversedge

(76,640 posts) Tue Jul 22, 2025, 10:21 AM 7 hrs ago

Fact: Americans, not foreign countries, pay for these #Trumptariffs.

I went with a friend as she was buying new school clothes and shoes for 2 grade schoolers yesterday.
After two hours she only bought about half of what she had planned for--prices have already raised too high for her. --and for me. I am only buying essentials last few months.

She said she was going to hit Good Will tomorrow --
PS--IMHO--Good will does have some good bargains

Scott Bessent is bragging about how they have raised $100B in tariff revenue so far saying they are not getting enough credit for this.

Fact: Americans, not foreign countries, pay for these tariffs.

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7 replies

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Highlight:

Fact: Americans, not foreign countries, pay for these #Trumptariffs. (Original Post) riversedge 7 hrs ago OP

Bessent is an idiot and a tool (n/t) PJMcK 7 hrs ago #1

A third grader could figure it out! Diamond_Dog 7 hrs ago #2

The education of most trumpers. republianmushroom 4 hrs ago #7

Tariffs are essentially a cost of doing business for any company that imports... Wounded Bear 7 hrs ago #3

Absolutely. WarGamer 5 hrs ago #6

Secretary of Commerce, Howard Lutnick, said tariff's would reduce the deficit. surfered 6 hrs ago #4

This message was self-deleted by its author WarGamer 5 hrs ago #5

PJMcK

(23,945 posts)

1. Bessent is an idiot and a tool (n/t)

Reply to riversedge (Original post)

Tue Jul 22, 2025, 10:34 AM

7 hrs ago

Diamond_Dog

(37,658 posts)

2. A third grader could figure it out!

Reply to riversedge (Original post)

Tue Jul 22, 2025, 10:45 AM

7 hrs ago

republianmushroom

(20,703 posts)

7. The education of most trumpers.

Reply to Diamond_Dog (Reply #2)

Tue Jul 22, 2025, 01:06 PM

4 hrs ago

Wounded Bear

(62,534 posts)

3. Tariffs are essentially a cost of doing business for any company that imports...

Reply to riversedge (Original post)

Tue Jul 22, 2025, 11:02 AM

7 hrs ago

any goods or parts or materials to do what they do.

Costs of doing business are payed for by the people who buy those products, thus American consumers.

WarGamer

(17,558 posts)

6. Absolutely.

Reply to Wounded Bear (Reply #3)

Tue Jul 22, 2025, 01:04 PM

5 hrs ago

Just like labor costs, cost of goods sold and taxes.

surfered

(8,010 posts)

4. Secretary of Commerce, Howard Lutnick, said tariff's would reduce the deficit.

Reply to riversedge (Original post)

Tue Jul 22, 2025, 11:16 AM

6 hrs ago

Their plan is to increase the deficit with tax cuts for the rich, then reduce the deficit with a regressive value added tax or sales tax on the rest of us.

Response to riversedge (Original post)

WarGamer This message was self-deleted by its author.

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