Search
Items tagged with: TrumpLies
Best Sign (in terms of making the viewer think, historical refs, turnabout, etc.) I saw at our local #HandsOff rally today. 🙂 💕 👍
For those in the #US, now is the time to call #GOP senators and congresspeople to demand they vote for the one line resolution "There is no emergency" and therefor #Trump has no power to levy #tariffs. They must be forced to lift the equivalent of their legislative pinkies and end this madness, or we will rub their faces in the results--like a dog that's pissed on your best rug. 😠 The #FascistGOP must own this if they take no action to stop it!!
#Trump said #grocery & other #prices are starting to come down, & that his policies are bringing down #inflation. In fact, inflation has picked up in the first weeks of his term, & economists almost universally expect #tariffs to further drive up prices.
#FactCheck #TrumpLies #RevengePolitics #economy #recession #TrumpTariffs #Trumpcession #geopolitics #USpol
People had been expecting #Trump to announce high #tariffs, but these numbers are stunning. In addition to a 10% tariff on ALL COUNTRIES, dozens of other countries face extra tariffs between 10 & 50%. That will force some manufacturing back into the US, but will also definitely raise costs for American #consumers & #manufacturers & incite #TradeWars on many fronts.
#FactCheck #TrumpLies #RevengePolitics #economy #inflation #recession #TrumpTariffs #Trumpcession #geopolitics #USpol
#Trump claims that the price #eggs have gone down under his watch after an outbreak of #BirdFlu. But economists warn that #tariffs of the kind that Trump is pursuing are likely to lead to much higher #prices for #consumers. The big question is whether that will translate to persistently higher #inflation.
#FactCheck #TrumpLies #economy #inflation #recession #TrumpTariffs #Trumpcession #geopolitics #USpol
#Trump is cherry picking a lot of high #tariffs that foreign countries charge on American products. But the US has high tariffs on certain products too, like sugar, footwear, apparel & peanuts, a legacy of efforts to protect those industries. The United States charges 350% tariffs on tobacco from many countries, 260% tariffs on Irish butter substitutes & 197% tariffs on Chinese stainless steel kitchenware, for example.
#FactCheck #TrumpLies #economy #tariffs #inflation #recession #Trumpcession
#Trump talks about the #trade deficits the US has amassed w/other countries and says, “We’re really not taking it anymore.” The trade deficit is the difference between what a country #exports & what it #imports. The #US has long imported more goods than it exports.
Economists don’t agree #TrumpTariffs will really lower the US trade deficit.
#FactCheck #TrumpLies #economy #tariffs #inflation #recession #Trumpcession #geopolitics #USpol
nytimes.com/2025/02/05/us/poli…
Trump Prepares to Take On the US Trade Deficit, a Familiar Nemesis
The trade deficit has long drawn the president’s ire. Now, he’s preparing to take it on again.Ana Swanson (The New York Times)
#Trump claims that many countries have targeted the #US w/ “non-monetary barriers,” like currency manipulation, subsidies, exorbitant taxes & theft of intellectual property.
Trump specifically talked about the #EuropeanUnion’s value-added tax, which he has long despised. #VAT rates are common outside of the United States, & the U.S. is actually an outlier for not having one.
#FactCheck #TrumpLies #economy #tariffs #inflation #recession #TrumpTariffs #Trumpcession #geopolitics #USpol
