So basically new taxes

They are illegal.

It is astonishing this still qualifies as news. Trump's trade war on China began in his 1st term, and the press still does not understand tariffs are paid by importers. Truly pathetic. Here is a little primer on tariffs, with reference to the EU "trade deal". www.jandehn.com/post/the-us-...

That was a great article. I’d heard of re-routing just once a couple months ago with regard to China—>Viet Nam. So maybe that route was caught but I’m sure there will be others. But anyway, it’s obvious that even if domestic manufacturing miraculously came back, the American consumer still loses.

Thanks - and yes i agree.

Oh! I just realized you’re the author! I’m no economist so perhaps you can tell me…. if tariff is passed on or absorbed, is there anything to be gained by importing your own goods? For ex, VW has a US based subsidiary to import offshore VW parts? Guessing no but trying to think of other loopholes

Actually I could see it having the opposite effect depending on pre-tariff reasons for being in the US. Meaning it would drive VW out of the US if any prior advantages are gone.

VW might reduce US presence for 3 reasons. 1. Protected industries lose competitiveness as they lobby (for tariff protection) instead of innovating. 2. Imported intermediary goods also incur tariffs, pushing up production costs. 3. Aggregate demand weakens LT due to fiscal and growth issues. Thanks!

Eugene Robinson is great. He knows how to get the truth out. Maybe he should interview the orange buffoon

Oops. So it is true that the Truth is never hidden forever.

Because Eugene Robinson is an actual journalist, who knows how to get to the truth…..

Shareholders pay them (in lost profit) if company "eats" them

Finally, someone said the quiet part out loud: we pay the tariffs. It’s not “America First” if Americans foot the bill. Follow me for more truth behind the talking points.

I like Eugene but this isn't nearly tough enough. There is no fucking confusion - why even say that? Get in his face. Substitution? Call bullshit. Ask "You think every product can be substituted, for an equal or lesser cost, from other countries that are also being tariffed?" Drop prices? Fuck off!

This _should be_ about as newsworthy as "Bankboss admits dollars are made out of cents."

Another tax Trump tax

Paid for by the USA consumer

“Yes, water is wet. But…”

Now that he’s off the fed list.

Who pays the tax ≠ who cuts the check. In this case, both are Americans though.

Finally - the truth. Now release the Epstein files.

Neither is correct. Tariffs are paid in part by the seller and in part by the buyer.

Yes! The only richest people don’t have to pay for tariffs and they are getting richer. His supporters are too stupid to know it.

Note Bessent's patrician bearing. All he needs is a top hat and monocle.

Every time I see this guy on tv I wonder who is managing the Whoville post office

So when will Americans understand this ????

Thank you Eugene!!! THIS is how it is done!!! Clear, don’t follow the distracting answer, bring it back and ask and clarify again. The importer pays which means…we the consumer will pay!!!

3D chess and checkers

Another Trump hire bites the dust!!😉

He's fired

“So if I buy something at the grocery store who pays for it?” “Well you wouldn’t have to go to that store—you could go somewhere else.” “OK but if I purchase food there, who pays for it?” “Well you can always grow your own food.” “But if I buy this store’s food do I pay for it?” “Mhmm. Squirrel!”

What a POS answer... Americans are eventually going to pay a higher price for goods that are imported or materials to make goods in the USA. Beat around the bush all you want, try to spin it so it doesn't sound like Americans are footing the bill.

Watch out for those open windows, Bessent!!! #Defenestration

Read my lips: new taxes! 🤣🤣🤣 MAGA dumbass ruling the world with their idiocy

My tiny company imported from China. Before my goods left the factory, I checked what bracket my goods fell into, filled out quadruplicate form, WROTE A CHECK, and sent it to the appropriate US bureau, who then sent a permit to China for shipping. I figured that into my COGs and calculated my price.

"the importer can pass on the tariff, or not." Hmm, what is the likely action?