Tariffs are advertised as helping domestic companies.
In actuality, they directly hurt foreign companies and the hope is that the unhurt domestics will then flourish.
If the tariffs collected were used to simulate domestic companies, this would actually be possibly beneficial to the economy.
However those tariffs are being pocketed by the rich (through tax cuts and money laundering through contracts and crypto).
These should not be listed as tariffs costs, they should be listed for what it is: “amount Trump’s administration decided to steal from you based on your spending habits”
Tariffs are advertised as helping domestic companies.
In actuality, they directly hurt foreign companies and the hope is that the unhurt domestics will then flourish.
If the tariffs collected were used to simulate domestic companies, this would actually be possibly beneficial to the economy.
However those tariffs are being pocketed by the rich (through tax cuts and money laundering through contracts and crypto).
These should not be listed as tariffs costs, they should be listed for what it is: “amount Trump’s administration decided to steal from you based on your spending habits”