A new report confirms that 100% of Donald Trump's tariffs on China have been paid by Americans, not by Chinese companies as Donald Trump seems to believe.
Trump keeps telling us, though, that China is paying for tariffs. On January 3rd, he tweeted:
"The United States Treasury has taken in MANY billions of dollars from the Tariffs we are charging China and other countries that have not treated us fairly. In the meantime we are doing well in various Trade Negotiations currently going on. At some point this had to be done!"
At a rally in Ohio in August, Trump told the crowd "you’re not paying for those tariffs. China’s paying for those tariffs."
Despite Trump's gaslighting, the National Bureau of Economic Research says “U.S. tariffs continue to be almost entirely borne by U.S. firms and consumers."
The David Pakman Show is a news and political talk program, known for its controversial interviews with political and religious extremists, liberal and conservative politicians, and other guests.
Missed an episode? Check out TDPS on FSTV VOD anytime or visit the show page for the latest clips.
#FreeSpeechTV is one of the last standing national, independent news networks committed to advancing progressive social change.
As the alternative to television networks owned by billionaires, governments, and corporations, our network amplifies underrepresented voices and those working on the front lines of social, economic and environmental justice.
#FSTV is available on Dish, DirectTV, AppleTV, Roku, Sling and online at freespeech.org
Sign up for Our Newsletter
Get updates about the policies and topics that matter the most to you. Progressive news directly to your email.