The 25% tariff on all foreign made cars goes into effect at midnight. Aaaand:
He almost certainly just made those numbers up in his head. There’s no rationale for any of it. He simply doesn’t understand what tariffs are, what trade is and why nations use them. He thinks it’s unfair that any foreign country would charge a higher aggregate tariff on U.S. goods than the U.S. charges them. That’s not how this works. It’s not how any of this works.
It would have been really great if he’d read a history book at some point:
“From 1789 to 1913, we were a tariff-backed nation and the US was proportionately the wealthiest it has ever been … then in 1913, for reason unknown to mankind, they established the income tax.”
He really believes that “America” was wealthier before the 20th century. Can he honestly be that fucking dumb? Can anyone?