Despite widespread warnings from economists, President-elect Trump’s proposed tariffs face criticism for potentially increasing consumer costs. When pressed on Meet the Press, Trump initially denied that consumers would pay more but later conceded he couldn’t guarantee it, contradicting his campaign promises of lowering prices. He further deflected responsibility, claiming previous tariffs had no negative impact, a claim directly contradicted by evidence of price increases on various goods. While he expressed uncertainty about restricting abortion medication, Trump definitively committed to ending birthright citizenship upon assuming office.
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Trump ‘can’t guarantee’ Americans won’t pay more if tariffs enacted. This statement, while seemingly simple, encapsulates a complex economic reality that many seem to be overlooking. The core issue is straightforward: tariffs, by their very nature, increase the cost of imported goods. This isn’t some debatable point; it’s a fundamental principle of how tariffs function.
Adding a tariff, essentially a tax on imported products, doesn’t magically disappear. The added cost isn’t absorbed by the seller, who’s already operating within their profit margin. It’s almost always passed on to the consumer, resulting in higher prices for everyday goods. This is true regardless of whether the ultimate goal is to boost domestic production.… Continue reading
President-elect Trump issued a threat on Truth Social to impose 100 percent tariffs on BRICS nations—including Russia and China—unless they commit to using the U.S. dollar as their reserve currency and refrain from developing alternative currencies. This follows the BRICS nations’ exploration of “de-dollarization” to reduce reliance on the U.S. dollar for global trade. Trump’s statement expresses confidence in the dollar’s continued dominance, despite economists’ skepticism regarding a successful BRICS alternative. The threat comes amidst ongoing negotiations with Canada and Mexico regarding potential tariffs on their goods, highlighting Trump’s hardline stance on trade.
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President-elect Trump’s proposed tariffs on goods from Canada, China, and Mexico to combat drug trafficking would impose a significant tax burden on American consumers and businesses, potentially costing the average family nearly $1200 annually. These tariffs, unlikely to effectively curb the drug trade, could disrupt vital supply chains and invite retaliatory measures from affected countries, jeopardizing American exports and jobs. Furthermore, such actions might simply shift the drug trade to more dangerous substances, exacerbating the crisis. Ultimately, this approach risks harming the U.S. economy while failing to address the core issue of drug addiction.
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John Q. Hosedrinker 
Matt Underwood