The enthusiasm in this tweet is palpable:
But this excitement glosses over the downstream effects. Tariffs may spur domestic production, but they hit consumers and businesses hard with higher prices. Retaliatory tariffs from other countries can deepen the sting, costing jobs and economic growth. It’s less “money for Americans” and more a complex trade-off. The tweeter might want to dig into the numbers for the full picture.
Economics 101 for Trumpsters
Tariffs are taxes on imported goods, paid by importers, not foreign governments, despite what some claim. The $100 billion figure likely refers to revenue from Trump’s tariffs, which aligns with reports of $97.3 billion collected by July 2025, up 110% from 2024. But here’s the rub: this isn’t free money for Americans. Importers pass costs to consumers, raising prices – shoes up 39%, clothes 37%. Economists estimate a $4,000 annual hit per household. GDP could drop 6%, wages by 5%, and up to 650,000 jobs may vanish. The trade deficit might not budge much either, as consumer spending drives it more than tariffs.
Our tweeter (above) is not alone, though. Trumpsters across X are buzzing with praise, celebrating tariffs as a windfall for America while overlooking the costs pulled straight from their pockets. Here are just a few examples from the endless stream of hype:
You’ve got to hand it to Trumpsters: they’re totally devoted, brainwashed… and at ease with demonstrating their stupidity.
See also:
The World Turns: International Opinion of the USA has Changed in 2025
Dear reader, we need your support
Independent sites such as The AIMN provide a platform for public interest journalists. From its humble beginning in January 2013, The AIMN has grown into one of the most trusted and popular independent media organisations.
One of the reasons we have succeeded has been due to the support we receive from our readers through their financial contributions.
With increasing costs to maintain The AIMN, we need this continued support.
Your donation – large or small – to help with the running costs of this site will be greatly appreciated.
You can donate through PayPal or credit card via the button below, or donate via bank transfer: BSB: 062500; A/c no: 10495969
May spur domestic production. If said country has all raw materials at their disposal which there isn’t. If there is any federal funding allotted to nominated industries which there isn’t. If there is any plan, strategy, capability, skill, infrastructure which there isn’t. So in other shorter words, no it doesn’t. Certainly not in this case. It is total spin with zero substance. As always with the Tangerine Buffoon it is Emperor’s New Clothes policy and EO. He is an utter clown.
There’s no doubt that Trump doesn’t understand economics, he is only short term transactional, economics doesn’t work the way he wishes it did.
The US has lost the basic skills, capital and infrastructure to quickly rebuild the industries Trump wants. That can only mean shortage and higher prices.
But I’m hoping Trump follows through with his secondary tariffs/sanctions on Russia’s trading partners.
But I won’t bet on it.
Penn and Teller has gone global.
Slow flows, sparse spares, stinted stocks, ballooning prices, bankruptcies. Jobs? Service? Backup? Trust? Confidence? Plans? Please direct questions to Donald Jobby, currently cheating overseas.
Only the rabbott ranks with trump as being unaware of the responsibility of office and the lack of common sense. Trump will do more damage to the world and the USA so I’m for him.
As the USA slides into hillbilly hell, the rest of the world cringes at loser-T-Rump’s mafioso transactional war, and rues the hubris that prevented him from obtaining rescue of the crumbling USA by diplomacy.
The MAGAs will pay dearly, as will the rest of America and the world. China is likely the only one that has the heft to help them out, but America couldn’t have that, could it!
I’m with wam on this. Trump is doing a great job in this respect. As long as he doesn’t blow us all up in the end!