Who Eat's The Tariff?

[Au165]

This was an interesting read regarding the cost of tariffs being passed on to us the consumer. It's not an indictment on Trump because Biden is continuing it, the real issue is that they both are doing/did them not for economic purposes but because of political optics. Essentially the tariffs aren't working and the retaliatory tariffs are which is a net loss to us the consumers, however, no one can backtrack off them, or else you are labeled "weak" on China. This would be the time where both parties would look at the actual data and essentially disarm the use of China to better the country but instead, it's a loaded gun people are waiting to use for political gain at the detriment of U.S. consumers.

Essentially we got our asses handed to us in a trade war and now we are stuck in it because of politics.

https://reason.com/2021/05/24/china-is-paying-about-7-percent-of-tariff-costs-americans-are-paying-the-rest/