Mastodawn

Sean Casten Mar 31, 2025

Until I see their work, I’m dubious. But would note that if you believe that tariffs are a revenue raiser then BY DEFINITION they are not encouraging people to buy American and dodge the tariffs. It’s purely inflationary on their logic. https://www.washingtonpost.com/business/2025/03/30/trump-tariffs-6-trillion-navarro/

Trump aide says tariffs will raise $6 trillion as White House readies plan

Peter Navarro’s remarks suggest Trump is preparing dramatic new tariff measures for Wednesday, which the president has referred to as “Liberation Day.”

The Washington Post

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Ehay2k

@SeanCasten What really bothers me is nobody has called out #Trump and his ignorance of how #tariffs actually work.

He still thinks that the exporting country pays the tariff. But it's the US importer who looks the tariff up on a tariff sheet & pays it. All of these "revenue raising" tariffs get 100% of their revenue from US entities. No foreign country pays a dime. And then the consumer pays whatever percentage of the tariff is passed along to them.

Ask him WHO PAYS? Then correct him.