“Currently, when we ship products out of America, many other countries make us pay very high tariffs and taxes — but when foreign companies ship their products into America, we charge them almost nothing.”
Do you really think he meant that Americans literally pay the tariffs?
It’s what he said. Very misleading. He has consistently said that and has never explained that he means something other than America paying for tariffs levied by foreign countries. The unaware are simply taken in. He also flatly says that Mexico will pay for our tariffs. Both are misleading statements and he should know better.
I love Trump but this is his weakest area both in presentation and in concept.
Of course we will pay the tariff and industry will repatriate forcing the prices back to equilibrium. That is how it works. That is the whole point. Also tariffs generate tons of revenue which can be used as a foil against those Democrats that say income tax cuts have to be paid for. Well there is your method to pay for it right there.
If he told the actual truth about this is would go something like this...
“Currently, when we ship products out of America, many other countries make their own people pay very high tariffs and taxes — but when foreign companies ship their products into America, we charge our consumers almost nothing.”
But of course, that would reveal the stupidity of the whole thing.