Trump’s arguments for justify tariffs They are an authentic batiburrillo. It is no longer just that they confuse them with VAT, it also mixes them, for example, with Apple fines for not paying taxes in Europe. The United States press is amazed and already asks openly if Trump understands how money works.
Any argument is worth Trump for justify your tariffseven confuse them with VAT. “They have a 2 % VAT that could be considered similar to a tariff,” Trump said. An argument that surprises economists because these two taxes have nothing to do. Companies pay tariffs, but not VAT.
Trump’s second excuse is European sanctions to US technological giants. “The EU sue Apple, Google, Facebook,” he said the other day.
“It should not be a retaliation for a matter of another nature,” explains the director of the Studies Service of the Chamber of Commerce of Spain, Raúl Mínguez.
A Trump that in the campaign promised to stop inflation, now sees as great media, such as the Wall Street Journal, alert a price increase And they release this question against the president: “Does President Trump understand the money? The answer seems to be no.”
Also the New York Times wonders Who will end up paying the tariffs And it gives a track: they will not be the rest of the countries. It demonstrates it with a graph of the last three decades in the United States. On the left, the evolution of the tariffs, to the right those of prices. Two almost identical lines.
They announce, in this way, that the consumer and the North American companies will see how their products are more expensive. Even so, Trump has a deaf ear convinced that there will be no inflation.
Source: Lasexta
Ricardo is a renowned author and journalist, known for his exceptional writing on top-news stories. He currently works as a writer at the 247 News Agency, where he is known for his ability to deliver breaking news and insightful analysis on the most pressing issues of the day.
