Thursday, May 16, 2019

U.S. Public Knows Trump Is Lying About Who Pays Tariffs


This chart reflects the results in the new Economist / YouGov Poll -- done between May 12th and 14th of a national sample of 1,500 adults (including 1,244 registered voters). The margin of error for both adults and registered voters is 2.8 points.

Donald Trump has increased his tariff on over $200 billion of Chinese products from 10% to 25%, and he is considering expanding that Tarif to include another $300 billion. He keeps repeating that the U.S. is receiving billions in tariff money from China. That is a LIE!

The U.S. hasn't gotten a single penny from China through those tariffs. The tariffs are paid by U.S. companies that buy the Chinese goods, and those companies then pass that extra cost on to their customers. It is American consumers who are paying the tariff by paying more for the products they buy.

But Trump doesn't have the American people fooled. They know he is lying, and that his tariffs are just a hidden tax that they will be paying. That's the opinion of 59% of adults and 67% of registered voters.

Trump thinks his tariffs will help him in the election next year. I think he's wrong -- it will wind up hurting him.


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