Only half of Trump voters think his tariffs on China will benefit U.S. companies
  • A recent poll reveals that many of Donald Trump’s voters have reservations about his tariff policies, especially those targeting China.
  • Only half of Trump voters surveyed believe that his tariffs on China will ultimately benefit US companies.
  • Roughly one in four Trump voters expressed concerns that the tariffs are damaging the US’s ability to negotiate trade agreements with other nations.
  • Trump’s supporters are nearly evenly split on whether he should require Congressional approval to impose tariffs or if he should possess the sole authority.
  • While 46 per cent of Trump voters support tariffs on China even if they lead to higher domestic prices, a quarter of them also think these tariffs are detrimental to US companies.
  • CharlesDarwin@lemmy.worldEnglish
    25·
    1 day ago

    He told you dipshits beforehand that he was going to do this shit. FFS, facepalm, JFC, etc. These people are just so goddamn stupid.

    From Wikipedia - https://en.wikipedia.org/wiki/Tariffs_in_the_second_Trump_administration#Planning

    While campaigning for his second term as US president, Trump pledged even larger tariffs than his first term, including 60% on China, 100% on Mexico, and 20% on all other countries. He also proposed tariffs to penalize US companies that outsourced manufacturing, such as a 200% tariff on John Deere. Trump also suggested replacing income taxes with tariff revenue—an idea economists from the Tax Foundation deemed “mathematically impossible”.[37] 23 Nobel Prize-winning economists signed a letter warning that Trump’s policies, including high tariffs, would “lead to higher prices, larger deficits, and greater inequality”.[38][39]

    I mean…

    Since the 1980s, Trump has advocated for import tariffs as a tool to regulate trade and retaliate against foreign nations that he believes have taken advantage of Americans.[15] In his campaigns for the US presidency, Trump promised to use tariffs to achieve a wide range of goals, including preventing war, reducing trade deficits, improving border security, and subsidizing childcare.[16] Although Trump has said foreign countries pay his tariffs, US tariffs are fees paid by US consumers and businesses while importing foreign goods.[17][16][18][19]

    Emphasis mine

    • BilboBargains@lemmy.world
      6·
      11 hours ago

      He told you dipshits beforehand that he was going to do this shit.

      Yet another eerie parallel with a certain German political activist from the 1930s.