I hate to say "I told them so." Oh no, I don't hate that at all.
I hate to say "I told them so." Oh no, I don't hate that at all.
Me either.
Trump is attacking the US and our European allies. When he did it to our Canadian allies, they were clear-eyed about it.
Of course, it’s not necessarily to spell this out for any thinking person . But it’s necessary for those who still think Mexico is paying for the wall.
No kidding!
The realisation™.
Add in to cost-of-consumer all the consequences of Trump’s & Miller’s ICE gestapo. Construction delays bc few workers. Food rotting in fields, etc. It will also hit supply chain, shipping, trucking, etc as everything slows down.
21% of oil is cut off by Iran and Houthis Trump fails
Any person who uses critical thinking knew this years ago. Especially those of us that have been around several decades.
I can attest to this. Paying more everyday - at the store, at the pump, for electricity, and any online store also. The online sites tell you right up front that the tariff costs are included in the price. And that price has doubled in the last few months. it is infuriating!!!
That has always been clear to those who can think. That's how they work.
So reminds me when they were the lone voices for natural immunity, and the destruction they caused. Would be like if the plane’s pilot was like “attention everyone, hatters may not like my hands off no autopilot way of flying but ooo boy is it easy lol
No kidding
I really wouldn’t care if it was just fucking up your own country. But it is fucking up the global economy.
Well, then he says this is the way we pay our taxes except that he hasn’t abolished national income tax, nor have the states, and you know that the states will have to increase their state taxes once he stops giving them any money. He wants to hoard everything that he collects on those tariffs!
Just as Putin me meant it to be
As a European I am constantly amazed that it has been such a hard slog to make Americans understand that *they* will, if not now, eventually, 'eat the price increase'. If imported is still cheaper than the US version, it will sell. If it is now more expensive, watch those US prices 📈
Combine the tariffs, the 10%+ decline in the dollar and the labor shortage exacerbated by the immigrant detention surge and we are in deep economic doo doo. www.nytimes.com/2025/07/27/u...
Not only that, MAGA crowds are now absolutely fine with higher prices on everything. Including goddamn eggs.
And yet Howard Lutnick goes on Fox News and every other right wing news outlet telling gullible MAGAs that the US is taking in billions per year from the tariffs. It is truly mind boggling and infuriating at the same time. He should be horse whipped
Lutnick lived next to Ebstein for years! He is probably a pedo and the Media should start asking him about it
Huh that’s interesting. Maybe that’s why he defends Trump so strongly
They’re all afraid to blame trump.
Playing this game is stupid from all sides.
Are we really seeing it yet? When all the people starting to see it, it should greatly weaken the Maga movement. But are the people seeing it yet?
Duh.
I don’t know if this is the current thinking, but there used to be a saying in the addiction treatment community that in order for addicts to begin recovery, it is necessary for them to reach rock bottom. It seems like we are in a similar situation with our current addiction to ignorance.
This Bloomberg headline is a joke unless it was printed 6 months ago. FML 🤦🏻♀️
Increasing clear, huh? 🤔 so strange could have sworn THATS WHAT WE SAID!
Look into where that revenue generated from tariffs is going Im willing to bet trump is using tariffs to line his and his friends pockets Literally using tariffs to rob Americans
All of 47s trade deals include the other countries buying huge quantities of US oil and natural gas. It's 47s way of having the US consumer heavily subsidize the US fossil fuel industry.
Of course we are. Anyone still believing Trump's lies, have no excuse.
No duh.
I can't believe the impact of 'tariffs' is still being debated in your dumbed-down country!🤦♂️...it's really not that difficult to understand that tariffs are a tax on imports! Do you still have education in your country?
It truly doesn’t feel like it🤦♀️. The plan to build resentment neighbor against neighbor was a complete success & it’s heartbreaking.
C, you don't know anything about International Trade. US holds all the exporting countries' credit cards, like an open bar tab. Then they swipe it at the end of the month and also charge 3% admin fee for airplane maintenance. This is how trade gets done..../s
It really is mind boggling. Isn’t it? Most of us know. It’s really Qrazy! The bottom is a long way off..
I think he means trumps illiteracy is very expensive.
Americans will spend anyways and take out more loans via internet apps and then suddenly we'll have 2008 all over again, and the rich will get richer and the middle class will shrink and the poor will suffer the most. Some things never change.
Who, except everyone in TACO’s administration (and his maga cult), didn’t realize tariffs raise prices on goods consumers buy… so yeah, it’s a tax?!? Geez Lueez! 🙄
That the clarity had to “increase” to the point where people actually understand the very most basic economic concepts is depressing as hell. Everyone that paid even a little attention in Econ or 20th century history knew this since college.
And yet his staunch supporters are saying that yes, there will be some discomfort in the short run, but that he knows what he is doing and it will do wonderful things in the long run. The dumbing down of America has been successful. Sigh.
There goes any extra $ if you were fortunate to have some
DUH, those of us with a brain have known this but somehow MAGA believes this is not a tax on consumers and the corporations, who are greedy, are going to eat the cost.
I work in international trade for an EU company (industrial equip). Can confirm that our USA customers are 1) paying these tariffs and 2) we are not "eating" them and reducing our prices. We are though getting much more creative about how we bill them to help avoid paying as much as possible.
😂😂😂😂😂😂😂😂😂😂 Couldn’t happen to a better bunch of cunts. Sucked in.
What a shame media is failing us.
They got their tax cut
@maddow.msnbc.com we need your help
Yes, at least we have Rachel one day a week. A true national treasure.
About time someone mentioned the inevitable increase in unemployment...
Bloomberg wrote an article whose headline could be sourced to any available dictionary?
What? You mean a fake TV show "businessman" shouldn't be running economic policy? Egads.
Yes America, enjoy your 15% price hike for goods from europe... We fought hard for you, we got #taco to lower than the expected 30%. Have you said 'thank you'?
When more people believe in conspiracies than scientists/doctors, pass millions of deaths as God’s plan, RFK Jr as a great pick, and Evangelical leaders en masse w other pulpits still praising T as sent from God - if T lies, it’s to shake up deep state for their behalf. Doubting him is faithless.
Quit buying their shit. We have the power not them. Boycott everything. But of course that won't happen. Because we all need our Double venti Mocha Chai Lattes!
But your coffee from a small importer/local shop, grind it yourself and learn to make coffee properly. You won’t regret it and you’ll be supporting small businesses.
It’s still more expensive. Kirkland Columbian is about $4 more a bag now at COSTCO. With the 50% tariff on Brazil beans are going to go up like a rocket.
It may be more expensive but there is no comparison; Starbucks and the other chains are generally awful coffee.
Personally I prefer Speedway coffee.
For chain coffee. I make my own blend of whole bean with half dark, half medium, and drink it black and strong.
We have so many DD and Starbucks in our little town and the surrounding areas that it's a wonder how they all stay in business. I drive right by them and go to the small, family run cafes.
It’s almost as if their financial model relies on not paying much in the way of taxes…
I suppose that's one way of gaining profits but I really don't see how they all make enough. There are literally three to four DD within a two mile drive here.
Anyone who didn’t realise this before the election is a massive idiot…
Just returned from Walgreens. Prices up across the board. 😡😡😡😡😡
Ya don’t say
Today on "things we already fucking knew would happen"...
Okay. Who did not know that from the beginning of this tariff brouhaha? Seems to be a day for sarcasm. 🤨
That whole point of tariffs is to discourage imports by inflicting artificially high prices on foreign goods. By claiming that retailers will eat the tariffs, the GOP gives away the game. They're trying to replace the income tax with a flat tax on goods.
Trump ain’t no businessman. Trump is just a GRIFTER.
Important to not allow the rich owned media to divide us. They quote polls that say we have low approval rating. Micheal Cohen once said he paid for results he wanted. So vote no matter what and get others to vote. No apathy and staying home. And equal love for progressive/middle road democrats.
Agreed... WE are the ones who will pay for all of this & Trump isn't doing anything to lower our prices-he's too busy playing golf!
Quelle surprise!
You don’t need to have a PHD in economics to know this…. Trump is a moron and a pathological liar
Dah
Great—Stagflation again. Recession again. More turmoil.
It was clear from the word go. That's what they are, that's what they do. Only an idiot would think otherwise. Oh hey. 🤔
When your president is an idiot.
No duh. We all know tariffs are a tax on the consumer. MAGA morons support anything their dear leader says. No matter how much it hurts them. What a self own!
Anyone with any economic education knew this and are not surprised. The morons who voted for this administration still believes they won't pay. It's already happening. Wait until they lose SNAP and health insurance.
Imo it wont even register until it actually goes into effect which is after the 2026 midterms. p.s. I actually thought I would enjoy my elder years ❤️🤍💙 Ha this is a living nightmare❗️
Hopefully every single Democrat that sat out last time gets out and votes. This affects everyone. Midterms are not the time to sit it out.
I thought I would enjoy my elder years, too. I did not adequately prepare for The Third Reich.
Anyone who watched Ferris Bueller’s Day Off more than once learned about this from Ben Stein in thirty seconds.
It will all be Biden or Obama's fault.
So, not a stable genius?
It can't become increasingly clear. It was completely transparent in the first place to anyone with a brain. Quit pretending that you learned this along the way somehow. We knew it all when it started
THE ART OF THE DEAL TRUMP STYLE EU vowed $600B US economy investment from Trump trade deal. Hours later, European bloc admitted it can’t back that promise www.msn.com/en-za/politi...
Less than a day after President Donald Trump claimed that the European Union had agreed to invest $600 billion into the United States as part of a trade deal that will see Trump ask Americans to shoulder a 15 percent import tax on many European goods, EU officials are quietly backtracking.
Was this ever really in question from anyone with even the most remedial knowledge base?
All the tariffs do is allow US companies and manufactures that compete with foreign companies to raise their prices matching the imports for record profits. It’s a fun game the politic as are playing with their wealthy business owning donors. They’re also fucking dickheads for the record.
It was completely clear when he ran on tariffs. Nobody listened.
Stoopid has to learn the hard way... I'm just sick of suffering from some dumb-asses learning curve. 😒
This is what happens when the inbred elect a moron...
Sadly true.
The ones NOT laid-off/fired.. are worked to death... No extra pay..
Consequences has joined the chat
Fuck DJT!
Honestly not hard to see, just go to the supermarket.
The Pentagon is stealing billions earmarked for nuclear maintenance and upgrades in order to refurbish the senile madman’s ill gotten new used grifted vanity airplane. min.news/en/military/...
Nah, a random Twitter checkmark is probably more knowledgeable, they figured out how to spend 8$ a month for a worthless blue tick next to their user name!
Clearly the anonymous twit watched a YouTube video and is now an expert economist. 🤣
I can’t tell you how many MAGAotts have regurgitated Donnie’s lie about tariffs being a good thing, that foreign countries pay them. These are people that didn’t used to be fools, but the cool aide has disintegrated their brain cells.
Let’s see what they say after they go Christmas shopping.
No bigger moron than a MAGA moron - they now support pedos
FEDERAL SALES TAX!
This guy just figured that out?
Sounds like you still need economic literacy. Why would foreign firms be taking the hit for your choices of president? Businesses price their good based on cost of production, etc - not whether you choose some idiot wanker. Wakey, wakey.
"telling Americans to kick rocks"....this is as it should be
lol lol. US citizens actually need to be told this? Sweet merciful god, it’s becoming increasingly clear how the US ended up electing a pedo president twice!
After the election, one of the big Google searches here was "What are tarriffs?" We don't fund education very well here.
I really hope this will finally disabuse people of the idiotic notion that Republicans are good for the economy. They are the fucking worst and have been since Reagan.
Or that the GOP cares about the National Debt!
lol... national debt... sigh. If they'd cared, they would have voted for Gore, not Bush, 'cause Clinton left a surplus. -.- But at least Dubya sent out $300 checks, amirite? That was a life-changing event. Not. -.-
Yep, that’s how tariffs work.
Well, how else would Trump enrich his billionaire friends and corporate donors? As a bonus, he gets to drive the middle class into the ground and chain us all into poverty.
Check list all checked!
We, you know, those of us with business degrees… have been saying this for … six? seven? Months.
s lot of reporting on tariffs seems to miss the point...trump is trying to get as much $$ as possible to flow through him and his administration...yes,Americans will pay it, but he can then funnel it to himself and states and people who are his supporters...this is about power and punishment only
And when the Dems get back in power and they can’t clean up the mess in 2-4 years, the people will vote back in another idiot
I feel we are beyond allowing it to just go back to business as usual. Neither party has successfully done the most basic work requirements expected of Congress for many, many years. If we somehow survive as a nation as this administration rips it to shreds we must become a better nation.
Keep hope alive
Americans in general are morons
While the headline tariff rate is fixed at 15 per cent, many of the agreement’s finer details are still unclear. The deal includes zero tariffs on select 'strategic goods' such as aircraft and aircraft parts, certain chemicals, semiconductor equipment,
some agricultural products, and critical raw materials. However, pharmaceuticals, steel, and some farm goods remain outside the scope of this agreement. www.business-standard.com/world-news/u...
I guess MAGA is about to take a business 101A class the hard way.
And they'll have to figure out a way to blame Biden for it.
I don’t think that is going to work much longer.
I would never bet against the stupidity of the American voting public—ESPECIALLY MAGAs.
They can’t afford steak, and hamburger now due to inflation, and tariffs. Take away their healthcare, pfffft! Take away their steak and you may find the straw that breaks the MAGAT’S back.
You're such a cheerful optimist.
Imagine that
What a fucking revelation.
“Dumbest goddam student I ever had.”
Well, DUH 🙄
In the next few months we are going to see the real cost of the tariff unemployment as well as the vacancies because of ICE's terror tactics. Read this NY Times article about a meat packing business in Omaha. The place lost a huge % of his staff. Sad & disgusting. share.google/F4CZm3hkvAbf...
Looking like the Times is having buyer's remorse.
I hope. Maybe their just chasing profits.
No maybe about it. I assume they're hemorrhaging subscriptions and trying to pivot.
Bathroom work I was going to get done 2 years ago was $8000 - didn’t do it. Called back now. New price $13,000 😡 they mentioned tariffs. I said what tariffs? All Trump does is talk about Tariffs. Company using tariffs as excuse to jack up prices. 😡
that's what you can expect when you elect a self-proclaimed genius
And now the US has a GoFundMe to pay down the debt?! How about we make his golf trips illegal, and his maga base can fund them.
Personally I hope he destroys the economy. Obama and Biden both rebuilt it after bush and trump ruined it. We can do it again but will we be able to rebuild the Republic when he's gone. And the destruction of the economy may be the only thing that removes him as neither gop& dem are doing nothing
Duh …. Yeah.
Who TF EVER thought foreign firms were paying these tariffs except the demented madman imposing them???
But the EU companies will raise prices domestically to off set losses..from lower sales and to absorb some cost so Americans will still buy some stuff.. my local grocery store in south Mississippi has raised prices across the board on things I know for a fact are not imported.it's what businesses do
Tariffs are paid by the importers. Not all producers are importers.
Yes. And when people cut out the extra stuff, they will downsize or close
This is not the way it works. First of all not everybody exports to the US and is affected. But if anything there would be an extra supply of goods that are not sold in the US and prices will go down.
The US government will, in the meantime, rake in billions of dollars from those tarrifs whilst the American people pay more for everything....... Do people even realise that?
Well, who knew? Especially not the MAGATS!
Increasingly clear? It was never hidden.
Did you really need to wait to see the data to know that this would be the reality?
The government of the dumb, by the dumb, for the dumb shall not perish from the Earth 🙄😑
‘It’s becoming increasingly clear…’
Anyone who knows what a tariff is already understands this. This wasn't some obscure thing, we have known the effects of tariffs for CENTURIES.
It continues until the people put him out of their misery.
Trump is well aware, too. This is how they are funding the billionaire tax cuts. It’s like a sales tax.
Um, duh?
“Increasingly clear”? What the f&ck were you expecting? Only in the USA with its exceptionalism attitude would any person expect the other countries to eat the tariffs. Sorry to say that there are more dumb people on the USA than those who can think with any sort of logic.
Well, they elected the ignoramus, but we all will suffer the effects of his regime.
Deja vu?
Repeating again for those in the back of the room or hard of hearing: "By reducing mutually beneficial trade, tariffs are harmful to the economy as a whole." Consumers, meaning in this case U.S. consumers will pay more for many items. cals.ncsu.edu/agricultural...
Has he called them “the failed Bloomberg” yet?
Didn’t the last U.S. president that imposed tariffs lead to the great depression? Correct me if I’m wrong.
We were already in a depression, the Smoot-Hawley tariff act was supposed to help the depression. It did not, it made it worse.
I’m waiting for business to realize that tariffs will result in MASSIVE loss of business. Business needs to act NOW, while they still have leverage
Of course they are. Everyone outside of the USA know that, knew that, expected that…. This is a “the sky is blue moment”…
Add: higher homelessness, & crime
Simple armed robbery that will work as long as people are, also, so simple as to believe that tariffs are on other countries and that DHS' bullying is about immigrants.
The US economy will crash due to cognitive dissonance.
Thanks for the tax hike Republicans!
Thanks dumb republicans
Most of us knew this and the ones who didn’t probably never will, or will never admit it. They’ll just blame Biden or Obama or immigrants or drag queens.
But according to Lutnick prices have all gone down!! Oh wait, he's an ignoramus. Of course he has NO idea what's happening in the real world. 😭
Tax the rich simple.
No doubt. It's a tax on all commerce while billionaires get a huge tax break.
Elections have consequences, not enough folks could get off the couch to vote for the woman of color, so here we are with 🍊💩🤡 and his band of stooges. Is America Great yet?
Tariffs is one thing, but do not forget Big Beautiful Bill Disaster that's slowly brewing
📌
Shameful. Let the fools who voted for him pay for everyone!
Some genius fund manager you are. 🤦
Gee! Who could have predicted this?
That's why when Trump brags about how much money he's taken in, (billions) I just want to scream it's our fricken money you're taking from us, you moron! 😡 But he already knows that! Unless he's really that stupid!
Common sense is breaking out… tarriffs are a tax that the grunts pay.
GOP is hoping we become homeless and then tenants of the 'for-profit-prisons'
Where would the profits come from ?
Tax payers of course. Are you familiar w/for profit prisons? For-profit prisons generate revenue by contracting with states to house inmates, typically charging a daily rate per prisoner that can range from $130 to $200
But that money from everyday Americans and American businesses is going to cover the tax cuts given to the uber rich so not all bad then
And that magic word stagflation.
"It's become increasingly clear that tariffs work exactly as they are supposed to and how everyone said at the time, but idiots believe anything the fat orange wankstain says. Fuck around, find out..."
No shit. 🙄
Yet the businesses pass the costs to the consumers, because with Trump, it always comes down to American citizens getting the worst of everything. #project2025 #gop #maga
This will also make crime increase.
Wondering when Bloomberg stopped labeling the tariffs as reciprocal. Oh yeah, not that long ago.
USSR 2 Electric Bugaloo
We did try to tell everyone.
Yea. Duh
Jesus H Christ you people spent all this money to elect this administration. Bullshit on we didn't know. VOTE.
I personally believe that the inflation rate is higher than what they are reporting...the U.S. dollar loses 10% of it's value and tariffs steal $106 billion from American consumers and it barely makes a ripple?
www.usatoday.com/story/money/...
Reactions are slow and the deterioration of things is accelerating.
If his plan was to make everything in American exponentially more expensive well then he is winning I suppose.
Hillman Hardware at my store just increased prices across the board by 20%. 20% people, thats nuts and bolts..
…it’s NOT INCREASINGLY “CLEAR” It’s always been clear. I think what you mean is that it’s “increasingly obvious to those who will listen to no one but one, and who would never use the search term ‘tariff’ on wikipedia.”
"Economic illiteracy is very expensive." Yeah, especially when the most important and influential politician in the world is your own economically illiterate president. Not enough rolling eye emojis in the world...🙄🙄🙄🙄🙄🙄🙄 Does is say something that the most used emojis in my lineup are 🤬 and 🙄?
Not sure if Trump is actually that economically illiterate, but he knows that the vast majority of his supporters are.
He thinks other countries pay the tariffs he's enacted, so...?
He actually thinks that or only says that to keep his MAGA base supporting him? Granted, he *may* be that stupid but somehow it seems to me he plays on the (wilfully) stupidity of his supporters. Standard fare for most cult leaders, actually.
I think he's thought that over time. I know MAGA's been around a while too, but I thought I've read that he's never understood tariffs. From 2020, I'll look for something earlier than this: www.brookings.edu/articles/did...
Insanity.
Felon 47 is very happy with it too. It’s putting lots of money in the government pockets! Paid for by us the taxpayers. Sadly his maga people believe that other countries are paying!
This is maddening and avoidable. Why??? Is Trump doing these tariffs???
It's a regressive tax. Who buys foreign goods? It can be argued that there are fewer high-tech manufacturers overseas, that America makes more of it, but Europe, Japan, Korea, and even China are making it. America's poor buy it and pay the tax.
I don't get the "becoming increasingly clear" phrasing. it has *always* been clear that American consumers would pay any tariffs.
This sounds so much like exactly what we said before the election
Duh
Cost-push inflation, stagflation. It’s going to be bad.
thank you for breeding, mary and fred 👶
I'd say I was shocked it took so long for some to figure out and that is before the Department of Education was gutted. 10-20 years there will be no hope of return.
This is news? Were we expecting the tariff fairy to swoop in at the border and pay those taxes?
My groceries have gone up by $50-$75 per week! My offset is that because I don’t drive as much as I use to, a $50 fill-up lasts me two months.
And we are NOT happy, Mr. F47!!
So many people too stupid to recognize this.
Duh!!!
It's not the first time that the US does this either. Or blame Chineses for everything. Or blame latinos for everything. Their agenda never works though.
Have they only just figured this out?
Yes, and where does the money go? To the US Treasury that they are raping like little girls on Epstein Island!!!!!!
"It's becoming clear"? Why is it "becoming" when it should have been very damn clear in the first place. The idiocy that passes for "expert" in this timeline
No shit...it should have been increasingly obvious if you bothered to understand what a Tariff is in the first place
Reasons why I will never belive MAGA that the reason they voted for Trump was over the cost-of-living. He was literally running on a platform of raising prices. That was his promise, he just refused to admit it because he always argues in bad faith.
Stop telling me I can’t call MAGA stupid.