The Trump tariffs have created a highly lucrative new line of business for connected lobbyists like Reince Priebus, who are being hired by big companies seeking exemptions, while countless little guys have no such luck. @lydiadepillis: https://t.co/W0WENMSMPM
— Alec MacGillis (@AlecMacGillis) January 7, 2020
The paper, which is an update on previous research, found that “approximately 100 percent” of import taxes fell on American buyers. https://t.co/9Nt3SOASO4
— Timothy Aeppel (@TimAeppel) January 7, 2020
Trump raised taxes on steel (also known as tariffs) and now steel workers are losing jobs in Michigan https://t.co/Z9QJSZkQDd
— Ron Fournier (@ron_fournier) December 23, 2019
John Deere is laying off yet another round of workers in Iowa because of Donald Trump's reckless trade war. All he's succeeded at is taking jobs away from American workers. It has to stop. https://t.co/bIXYrQ240G
— Joe Biden (@JoeBiden) January 6, 2020
“President Donald Trump’s strategy to use import tariffs to protect and boost U.S. manufacturers backfired and led to job losses and higher prices.”
— Rep. Gwen Moore (@RepGwenMoore) December 28, 2019
Another reminder that the Trump trade war failed American workers and businesses. https://t.co/hPCVuLxUoY
There's been a lot of anecdotal evidence about how tariffs are behind the manufacturing slump. Now the Federal Reserve proves it, finding that the trade war is hurting the sector it was ostensibly supposed to help: https://t.co/JdpbFtEAwO pic.twitter.com/HEKg7C82cw
— Lydia DePillis (@lydiadepillis) December 27, 2019
I’m shocked that the presidents terrible idea turned out to be terrible. https://t.co/t9MkfPg2IT
— Molly Jong-Fast (@MollyJongFast) December 27, 2019
1,500+ Michigan jobs lost:
— Jennifer Granholm (@JenGranholm) December 20, 2019
"U.S. steel producers have struggled since the Trump administration put a 25% steel tariff into place last year."
CC: @realDonaldTrump https://t.co/yqd0zKFvid
Here's some back of the napkin math on China deal:
— Chris Murphy (@ChrisMurphyCT) December 13, 2019
China agrees to buy $50B of ag products next year, increase of $29B from pre-tariff trade.
Tariffs cost U.S. farmers $11B. Then taxpayers put up $28B in emergency ag payouts.
So…we lost/spent $39B. Gained $29B.
Nice work!
This is at least the fifth independent analysis finding that Americans are bearing the cost of Trump's tariffs. Here are the other four:https://t.co/HMcyz8bT0Vhttps://t.co/ZhEsgjxQOohttps://t.co/eck3Pt1bBOhttps://t.co/R4AjtNfgFq https://t.co/MqkVNAD0f6
— Catherine Rampell (@crampell) November 25, 2019
Thank you, Mr. Presidenthttps://t.co/w6nQrVlitK
— Libertarian-In-Chief (@ToddHagopian) October 8, 2019
The cost of Trump’s tariffs has fallen "entirely" on U.S. businesses and households, Goldman Sachs has said. https://t.co/71eM4vWX6h
— CNBC (@CNBC) October 7, 2019
It is embarrassing to point this out for the Nth time, but:
— James Fallows (@JamesFallows) September 20, 2019
Trump just now gloated about “billions and billions of dollars pouring into our Treasury” via the China tariffs.
Those dollars are pouring in FROM AMERICAN CONSUMERS AND COMPANIES, not “from China”
They are a TAX
Sad! 