3 ms·

Tariffs are a tax on luxury consumption so he's doing that too. And once again people are mad and trying to cut off their nose to spite their face.

• searine 1y ago
  Tariffs are a tax on the poor.
  • msgodel 1y ago
    [flagged]
    • searine 1y ago
      Blanket tarrifs can't be avoided. Even limited to "luxuries", which they're not, will still include necessities for a modern productive society. Hobbling the workforce is not a plan for success. It is robbery by the oligarch class.
• TimorousBestie 1y ago
  It’s true that one can design tariffs to target luxury consumption specifically, and that’s been done in the past. That’s not what is being done by this admin, however. AI-generated tariff rates on 2-letter ISO country codes are not targeted in any meaningful sense.