this post was submitted on 04 Apr 2025
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Dow plunges 2,000 as sell-off for markets slams into a scarier gear following Trump's tariffs (apnews.com)
submitted 1 week ago by [email protected] to c/[email protected]
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[–] [email protected] 3 points 1 week ago

I think it’s moderately likely that Trump will soon be explaining on TV that a lot of people don’t know this, but tariffs actually aren’t a tax on the other country, they’re paid by people in the US. So they actually don’t work the way that a lot of people think they do.