This is a pretty blatant transfer of wealth from the average American to private industry. Tariffs are paid by the consumer and these tariffs will bring in an additional $140 billion in government revenue this year. Meanwhile public services are being gutted and Trump has promised massive investments in AI, semiconductors etc.
It’s basically a shake down. Give us your money, you’re getting nothing in return for it, and we’re going to put it all into this speculative investment which may or may not succeed
This is a pretty blatant transfer of wealth from the average American to private industry. Tariffs are paid by the consumer and these tariffs will bring in an additional $140 billion in government revenue this year. Meanwhile public services are being gutted and Trump has promised massive investments in AI, semiconductors etc.
It’s basically a shake down. Give us your money, you’re getting nothing in return for it, and we’re going to put it all into this speculative investment which may or may not succeed