This is how you play Trump's tariff game

[Ben Thomson]

Trump likes to threaten trading partners with tariffs even though he doesn't have a clue how they work. Canada just gave him a little lesson..Canada drops counter-tariffs threat after US nixes aluminum levy

 

[jackflash]

Trump likes to threaten trading partners with tariffs even though he doesn't have a clue how they work. Canada just gave him a little lesson..Canada drops counter-tariffs threat after US nixes aluminum levy

Tarriffs drive prices up as tarriffs = taxes. In the international import/export game he who sells @ the lowest cost sells the most product. It's called the "invisible hand of competition".

 

[whitehall]

Assuming you are an American, you hate the President of the United States so much that you root for foreign "trading partners" like China who are out to steal technology and swindle the U.S. in unfair trade practices that cost American jobs. WTF?

 

[Shawnee_b]

Trump likes to threaten trading partners with tariffs even though he doesn't have a clue how they work. Canada just gave him a little lesson..Canada drops counter-tariffs threat after US nixes aluminum levy

That's why he is a billionaire, has Melania and is PRESIDENT.... and you're not... Also why you have 4 more years of him, suck it up buttercup.

 

[Ben Thomson]

Trump likes to threaten trading partners with tariffs even though he doesn't have a clue how they work. Canada just gave him a little lesson..Canada drops counter-tariffs threat after US nixes aluminum levy

Tarriffs drive prices up as tarriffs = taxes. In the international import/export game he who sells @ the lowest cost sells the most product. It's called the "invisible hand of competition".

And tariffs are paid by the importer, not the exporter. So when Trump raises tariffs, WE pay it.

 

[Ben Thomson]

And then there's this..US tariffs on China are illegal, says world trade body

 

[whitehall]

Trump likes to threaten trading partners with tariffs even though he doesn't have a clue how they work. Canada just gave him a little lesson..Canada drops counter-tariffs threat after US nixes aluminum levy

That's why he is a billionaire, has Melania and is PRESIDENT.... and you're not... Also why you have 4 more years of him, suck it up buttercup.

Actually that's why a bumbling crook who spent 50 years skimming profits from foreign contacts while American jobs get shipped overseas is a democrat candidate for president today.