Subject: Trump Talks About 60% Tariffs
Candidate Trump has said he will impose 60% tariffs on all goods imported from China.
Not so fast, though, Trump seems to have changed his mind, clarifying those tariffs in a conversation with Fox's Maria Bartiromo this morning:
BARTIROMO: "Now The Washington Post is saying that you're talking about sixty percent tariffs on Chinese goods. Is that in the cards?"
TRUMP: "I would say it's going to be more than that because we're going to have to... look, I want China to do great. I do. And I like President Xi a lot. He was a very good friend of mine during my term."
Huh.
More than a 60% tariff.
Well, that's going to be one helluva' tax on middle America.
Everyone screaming about inflation today better tune up those vocal chords for what happens after a 60 percent tax on all goods imported from Chyna.