Import Prices Soar: Trump Says Exporters Too Low IQ to Eat the Tariffs (opens in new tab)

When Trump decided to whack us with his “liberation day” tariffs last April, he assured us that exporters would eat the tariffs, so that consumers didn’t pay higher prices. There was a large body of research that showed otherwise, but Trump insisted that he knew more than the economists. Trump’s tariffs have been in place More The post Import Prices Soar: Trump Says Exporters Too Low IQ to Eat the Tariffs appeared first on CounterPunch.org.