Trump doubles down on China tariffs, saying there is 'no reason' for US consumers to pay them

Source: The Hill | May 13, 2019 | Owen Daugherty

President Trump on Monday argued in a series of tweets that China will bear the brunt of the new tariffs his administration is imposing on the country, a day after one of his top economic advisers said both the U.S. and China would be hurt by the economic fight.

Trump wrote in the tweets that there was no “reason” for U.S. consumers to pay the tariffs, arguing in part that people in the United States could avoid paying the tariffs by buying products produced in other countries or in the United States.

“Their is no reason for the U.S. Consumer to pay the Tariffs, which take effect on China today,” Trump wrote in one of the posts on Twitter.

In a second tweet, he said a consumer could “buy the product inside the USA (the best idea).”

He said companies would leave China for other countries, such as Vietnam, to avoid the tariffs.

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  •  EVERYDAY #29438

    Only his adoring fans would believe his twaddle. The rest of us know better.

    And as for buying American made — for one thing many of these products are no longer made here. And if anyone buys his claim that tarriffs will ultimately bring manufacturing back to the US, I have some prime swamp land to sell them. Manufacturing we saw on the scale existing before the 1970s and 1980s is never coming back. Unions have seen to that. No company wants to pay workers outrageous wages and benefits here when they can manufacture for a lot less overseas. If they did so, they would have to charge the consumer twice and three times more than anything made elsewhere. Retailers like Walmart are not going to stock expensive American made products because Americans don’t want them. They want the cheap stuff made in China and elsewhere.

    And I thought Trump was a Wharton School graduate.

     Consistent #29459

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