WORD OF THE DAY— TARIFFS

If you saw the Trump/Biden Debate you heard Donald J. Trump say he’d bring back tariffs.

Or you may have heard this at one of his rallies and thought he was going to make money on tariffs

PLEASE DON’T BE FOOLED BY DONALD J. TRUMP AGAIN!

The only things Trump’s tariffs brought about while the former President was in office

in the last few centuries were massive losses while the US created higher and higher deficits.

Trump’s tariff taxes in 2018 and 2019 led to massive losses of American jobs and inflation.

Here are three stories that I posted on in Brucenomics in those centuries.

Back then China and the US  largely taxed each other as we exchanged tariffs

Others before Donald had failed as well. And the expert Economists showed  reasons why.

Trump’s trade tariff wars led to the US becoming a debtor nation. Americans had to pay the tariffs

And Donald Trump lost money because Donald spent more than the former President made from his tariffs.

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