Tariffs are pointless. Apart from all the harm they cause, Trump is literally proposing to take all the money we paid in higher prices and then give that back to us. Why even pay in the first place? We could just have kept it the whole time. I can’t believe this is real. 😱
The President just proposed a $2,000 tariff “dividend” for each person, excluding high-income earners.
If the cutoff is $100,000, 150M adults would qualify, for a cost near $300 billion. If kids qualify, that grows.
Only problem, new tariffs have raised $120 billion so far.