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Who would've thought....
At the same time, Trump wants to add a 60% Tariff upon the products he sources from those countries he personally purchases dirt cheap to resell to the American consumers at a marked up cost. It's quite ironic.
This includes the US Constitution in that Bible, which has been modified to remove certain amendments that can goes against Trump's own past corrupted actions.
You will get Tariffs on your exporting goods and perhaps even your oil towards America. In which either your country will stop exporting to them and go else where... or you will push that Tariff cost (and perhaps a little extra for yourself) upon the American End Consumers.
It's like a push back taxing upon Americans, but merely just not called a "tax" so people go wow lower taxes (when paying 10% to 60% or more extra)
I do scam-baiting as a hobby. It's fun.
Trump to me is just a massive scammer who has been scamming for quite a while. He attracts me just like any other scammer would to investigate.
He has knock-off products. His own Trump family do charity and donation scams too, till the point of being fined 8 times of $250,000 and then banned from creating any new charity. He get pro-Trump co-workers to skim and scam off mostly donations, in which he pardoned while being your US president, but not your US Capital rioter! Third-party scammers also leach off Trump with their own scams targetting the MAGA supporters.
I don't think Trump knows how Tariffs work...
Trump quote: "In the 1890s, our country was probably the wealthiest it ever was because it was a system of tariffs. We had a president, you know McKinley? Remember Mount McKinley? He was a very good businessman, and he took in billions of dollars at the time. We were a very wealthy country at the time."
Trump quote: "We need a smart series of tariffs and taxes."
Trump wants to cut taxes on the ultra-rich 1% and push for Tariffs between 10% overall, up to a whopping 60%, depending on the country.
Well the McKinley Tariff Act of 1890 (which Trump refers to being great *cough* for himself *cough*) had raised duties on imported goods by about 50 percent. That had contributed to significant political losses for the Republican Party, till the point he was assassinated 6 months into his term.
Banks failed and closed
Businesses and manufacturers weren't able to produce goods to sell. Couldn't buy the materials needed to even create them as a cost to cover as well as pay the workers.
The unemployment rate was more than 10 percent for five years
Then there was the Economic Depression of 1893 to 1897.
Who did that benefit?
Even what Trump's referring to as being a "Great Idea" had failed for everyone else, already tested and tried in history... well I guess almost every single Trump business has failed, so it's nothing new to him (history repeats)...
If you are in the top 1%, you might still be able to leech off others and enjoy it?
As soon as I saw his watches I also knew they were made in China - those anodized blue screws are a giveaway.
Of course this is just a thinly veiled attempt at money laundering from foreign governments and other dodgy people getting round the law on contributions.