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Donald Trump Just Accidentally Admitted that U.S. Consumers Pay for His Tariffs

Donald Trump Just Accidentally Admitted that U.S. Consumers Pay for His Tariffs
ABC News

He said too much.

Evan Brechtel
By Evan BrechtelAug 13, 2019
Evan Brechtel
Evan Brechtel is a writer and actor living in New York. A Fordham University graduate, he also writes a monthly column for Chosen Magazine and is currently working on a historical fiction novel about New York queer bars over the twentieth century.
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President Donald Trump told reporters that he would delay tariffs on Chinese electronics from September 1 to December 15 to ease the burden on American consumers ahead of the holiday season.

In announcing the change, Trump contradicted his long-held (incorrect) assertion that the financial burdens of tariffs fall on the country they're placed on, rather than American consumers.

Watch below:

Trump said:

"What we’ve done is we’ve delayed it so they won’t be relevant in the Christmas shopping season. Just in case they might have an impact on people.”

They would have an impact on people.

A tariff is essentially a tax on certain goods imported from other companies. In fact, it’s coming from the pocketbooks of American manufacturers, who compensate for the heightened import price by raising prices on American consumers.

Trump has repeatedly claimed that China is paying for the tariffs, casting doubt that he doesn't actually know how tariffs work.

People were left wondering, just who does Trump think is paying for the tariffs now?

Who even knows anymore?

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