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this post was submitted on 04 Mar 2025
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I love seeing that video of a journalist asking trump about what he said about some tariffs and him responding "I think the other countries pay them". He truly doesn't know how they work.
In all fairness, a fringe economist told him that. Navarro still hasn't been able to successfully explain to anyone why tariffs won't raise prices. He gets as far as "they can't raise tariffs on the largest market in the world" as if there weren't high tariffs on the us before.