#TrumpTariffs

“Trump’s Tariffs: A Toxic Love Story Between the US and China (With Your Redemption Price)”

Written by a friend who would send you a beer so we could talk politics without arguing

Trump imposed 25% tariffs on 250B$ Chinese products in 2018, saying it was “saving jobs.”

Spoiler: “China laughed in the paper,” and the US paid the bill.

What went wrong?

- Higher prices: TVs, clothes, electronics – you paid +15% at Walmart .

- China’s revenge: American farmers lost 27B$ in exports .

- Zero reshoring: Only 3% of companies moved back to the US. The rest fled to Vietnam/Mexico .

Why does he keep doing it again?

- Election show: "America First" sounds good on TV. Reality? It's a transfer of money from you to the budget.

Advice from someone who doesn't vote for anyone:

Tariffs are like a drunk man arguing with a wall. You pay for the therapy. China is just waiting to get tired.

PS: If Trump/Biden gets this way again, buy shares in Walmart and Tylenol. You'll need it. 🛒💊