❌ WRONG ❌ The idea that tariffs are somehow the key to economic growth and that critics are "FOOLS!" is absolutely misguided. The reality is far more complex than a simple political slogan.
Tariffs are Taxes: Let's be clear: tariffs are not paid by foreign governments; they are paid by domestic consumers and businesses who import goods. This acts as a hidden tax on Americans.
Inflation Impact: While the text claims "controlled inflation," tariffs are inherently inflationary. They increase the cost of imported goods, forcing businesses to either absorb the cost (reducing profits) or, more often, pass it on to the consumer (raising prices).
Retaliation and Export Harm: When the U.S. imposes tariffs, other countries inevitably retaliate with tariffs on U.S. exports. This directly harms American farmers and manufacturers who rely on international sales, causing job losses in those sectors.
Stock Market Volatility: The stock market might react positively to short-term news, but long-term, tariffs introduce uncertainty and instability into global supply chains. A "thriving" stock market does not equate to a healthy, balanced economy for all Americans.
