Posted on 04/03/2025 4:24:48 PM PDT by SoConPubbie
❓What Happened: Former Vice President Mike Pence, who is pushing the GOP to reembrace unpopular globalist economic policies, is criticizing President Donald J. Trump’s imposition of extensive global tariffs, claiming they represent the largest peacetime tax increase in U.S. history.
👥 Who’s Involved: Mike Pence, Donald Trump, and America First conservatives, including Trump’s trade advisor Peter Navarro.
📍 Where & When: Pence posted criticism to X (formerly Twitter) Wednesday evening following President Trump’s “Liberation Day” event.
💬 Key Quote: “The Trump Tariff Tax is the largest peacetime tax hike in U.S. history,” claims Pence.
⚠️ Impact: Critics like Pence claim the tariffs could cost American families over $3,500 per year, destroy jobs, and weaken conservative political standing. Additionally, the Pence-led Advancing American Freedom PAC contends the tariffs will counteract the benefits of previous tax cuts.
Former Vice President Mike Pence publicly criticized President J. Donald Trump’s imposition of a 10 percent blanket global tariff and additional targeted tariffs in response to pre-existing foreign trade barriers, claiming the new import duties will result in significant economic burdens for American families. Additionally, in a Wednesday night post on X (formerly Twitter), Pence asserted the tariffs represent the most substantial peacetime tax increase in U.S. history.
“The Trump Tariff Tax is the largest peacetime tax hike in U.S. history,” Pence claimed, adding: “These Tariffs are nearly 10x the size of those imposed during the Trump-Pence Administration and will cost American families over $3,500 per year.” Attached to Pence’s X post was a screenshot of anti-Trump tariff talking points pushed by his Advancing American Freedom PAC.
Advancing American Freedom PAC’s claim that the tariffs will cost American families over $3,500 per year is based on a Goldman Sachs estimate, which pegs the total tariff revenue at around $300 billion annually. However, Pence and his Advancing American Freedom PAC appear to assume that American families will bear the bulk of the tax burden imposed by the tariffs—a fairly unlikely scenario—and not foreign companies attempting to maintain their market share in the United States.
Meanwhile, Pence’s assertion that Trump’s tariffs are “the largest peacetime tax hike in U.S. history” is on equally shaky ground. While tariffs are technically taxes, they are not entirely borne by Americans, with at least part of the import duty paid by foreign companies. Additionally, Advancing American Freedom PAC states that Trump’s tariffs are the highest imposed since the 1800s, claiming the imposed rate is higher than the Smoot-Hawley tariffs from the Great Depression.
The first claim is dubious at best, though the assertion that the Trump tariff rate is higher than those imposed under Smoot-Hawley is patently false. Pence and Advancing American Freedom PAC are playing fast and loose with what they consider the average tariff rate to make the claim. The Smoot-Hawley tariffs imposed a 59.1 percent rate on dutiable goods, though around 63 percent of foreign imports were not considered dutiable under the law. This places the average tariff rate under Smoot-Hawley at just under 20 percent.
President Trump’s tariffs include a blanket 10 percent tariff on all imports with additional target tariffs on specific countries with pre-existing trade barriers against American exports. Estimates regarding the average rate range from around 15 percent to 20 percent, though the lower side of the range appears more likely.
He’s an idiot. Globalist believe 100% of goods in America are foreign made.
THE WHOLE TARIFFS EVENT HAS CERTAINLY SHOWN US ALL HOW UNEDUCATED MOST POLITICIANS REALLY ARE.
I can live without foreign stuff. No problem.
Judas gets his silver from overseas?
Pious, virtue-signaling idiot is a shill for Marxist-Democrats and he should be excoriated whenever he opens his yap!
Why is Mike pence weighing in? What does he know about finance?
Nothing
What is his role in official government? None
He seems so needy and desperate
They can’t even figure out what they believe. This is Pelosi in 1996 (scroll about halfway down):
https://chicksonright.com/blog/2025/04/03/nancy-pelosi-in-the-90s-would-have-loved-trumps-tariffs/
THE WHOLE TARIFFS EVENT HAS CERTAINLY SHOWN US ALL HOW UNEDUCATED MOST POLITICIANS REALLY ARE.
>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
And that in itself is a sad indictment revealing just how STUPID the average voter is in this country.
And play some Pat Boone 78s on the victrola. Lol
could. Might. Claimed. Says.
Ditto. My advice is to disappear like Dan Quayle and quietly make some bucks...
It’s absolutely incredible that Pence actually thought he could have gotten the nomination during the so-called Republican debates. It shows how totally clueless he is.
Mikey is desperate for relevancy but its not going to happen. He has no constituency at all. He’s just a sore loser.
Mike Pence was there to sabotage Trump. On Jan 6th, he thought he had completed his job. That’s when he started to openly show his disdain for Trump. Once it became clear that Trump had no intention of going away, Pence’s disdain for Trump turned into an obsessive hatred. Pence has always been a small, petty man.
I dont remember Pence bitching about tariffs during Trumps first term, he tariffed plenty then..but judas Pence wants to make nice nice with the commies, hey got news for ya Pence, they hate your guts too
Most politicians are morons, thats why they become politicians
My faith in representative government is sorely tried when I look at the representatives and senators we elect. It is a a damming indictment on the stupidity of the American electorate if these truly represent us. But then you can make the argument that stupid people need representation also.
A real Pence of Schiff
-fJRoberts-
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