Tariffs Worked “Spectacularly Well”
Comments
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Lots of straw men arguments in this thread.
I'm only saying that a 15% Trump tariff (tax/levy/fee/etc) is going to increase inflation. Nobody has cited any legitimate studies to refute that. If you did I'd take a look. Otherwise it's just you being typical trumptards believing nonsense just because Mr Trump says it. Yes, prices will go up and you will pay as a direct result of his "deals."
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My study is the Chinese tariffs from 2018 or whatever it was that didn’t cause inflation.
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AOG still gobbling foreign dong…
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Morons like Schumer and Schiff as well as MSNBC and CNN screaming about tariff inflation have allowed online businesses totally unaffected by any tariffs to add a line item to their service/product checkout page that includes another 2.00 or whatever for adjusted tariff fees. Why? Because people shopping online will just pay the extra 2.00 the vast majority of the time because we are now a society of convenience as opposed to quality.
This was before any tariff adjustments had gone into effect, mind you.
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Dems were mad at grocery stores for price gouging in 2021-2024 and are now mad at them for not price gouging.
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Unencumbered by facts AOG insists on being retarded
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I want a study by a PhD showing any point argued to the effect that tariffs of 15% don't drive up inflation or fuck off!!!!
Studies by persons not holding PhD or some lunatic fringe podcast won't cut it. I want the numbers on my desk by end of day!!!
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turn your list in first.
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I prefer actual data and history versus studies that refute everything that was taught in the first week of Econ 101.
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"The Impact of the 2018 Tariffs on Prices and Welfare" (Mary Amiti, Stephen Redding & David Weinstein, Journal of Economic Perspectives, 2019)
This study finds that U.S. importers in 2018 passed through nearly the full cost of Chinese tariffs onto U.S. consumer prices, leading to substantial price increases for intermediate and final goods. The research underscores how tariffs directly feed into domestic inflation.
https://pubs.aeaweb.org/doi/pdfplus/10.1257/jep.33.4.187
