He really doesn’t understand just how bad his own plan is.
President Donald Trump kicked Monday morning off with a series of tweets defending his new tariffs against China. His latest tactic is to urge Americans not to buy products from American companies if they manufacture in China.
The way tariffs work is that American businesses pay the fees for bringing in goods manufactured in China, which they then pass on to consumers. The president reasons, however, that Americans can easily avoid these increased costs.
Trump said there is “no reason” for U.S. consumers to pay the tariffs, before claiming that companies inside China would soon move to other countries. In the meantime, Trump said people should just buy products from inside the United States.
View the complete May 13 article by Zack Ford on the ThinkProgress website here.