Re: Tariffs Posted on 5/11/2019 at 02:56:13 by Bill Crawford, (14)
I heard something on the news about a recent Trump tweet that I couldn't believe.
So--I checked it out and found that the news report was correct(!)(#).
Here is the Trump tweet:
"..Talks with China continue in a very congenial manner - there is absolutely no need to rush - as Tariffs are NOW being paid to the United States by China of 25% on 250 Billion Dollars worth of goods & products. These massive payments go directly to the Treasury of the U.S...."
(For anyone who, at this stage, might not be aware of who pays the tariffs on imported goods, see below:
https://www.reuters.com/article/us-usa-trade-tariffs-explainer/explainer-who-pays-trumps-tariffs-china-and-other-exporters-or-u-s-customers-idUSKCN1SB0UF) Replies: