Summary
Fox News host Julie Banderas warned that President-elect Donald Trump’s proposed tariffs—25% on products from Mexico and Canada and 10% on those from China—could significantly raise costs for Americans, as many businesses rely on foreign goods.
While some companies are shifting to U.S.-based suppliers or stockpiling goods ahead of the tariffs, Banderas noted that buying American often results in higher prices.
She highlighted that the financial burden would likely fall on consumers, questioning, “Who’s going to pay for that? We are.”
Economists have also warned of inflation risks.
I think that’s the thing. The system will fail if all these policies are put in place. But at this point, it sounds like a lot of voters need an example of what such a failure looks like.
That’s kind of my point. They don’t want to believe the truth, they will just have to experience reality. It’s like a kid and a stove, sometimes they will only learn if you let them touch it.
I agree in principal, but my concern with this is that people will see it happening to them, done by trump and will believe trump when they’re told that they’re suffering because of “the illegals” or the “woke mind virus” or whatever doublethink bullshit trump’s advisors come up with.
They’ll say it’s Biden’s policies costing everyone money, and they’re fighting oh ever so hard to fix this.
Definitely a possibility.