The theory that the president of the United States has no idea what a trade deficit is remains in pole position.
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Replying to @NGrossman81
He keeps proving that. And he has no clue how tariffs work either. He thinks they represent money coming into America from afar. But they are of course paid by the importers, in USA, and hence are a cost to American consumers.
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Replying to @murdochdavis
Who Pays Tariffs? is definitely up there with What's a Trade Deficit?
8:40 AM - 3 Jun 2018
from Urbana, IL
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