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A comment on US Administration announces 34% tariffs on China – 20% on EU. Parent comment
Tariffs are a tax. Tax on us, the people buying goods.
It's a massive tax increase. People are slowly waking up to that fact.
Rolling back the tariffs is giving everyone a tax cut. Well, tax cut back to baseline of what everyone expected.
As people realize that they are the ones paying the tariffs, this is going to be very unpopular.
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Tariffs are a tax. Tax on us, the people buying goods.
It's a massive tax increase. People are slowly waking up to that fact.
Rolling back the tariffs is giving everyone a tax cut. Well, tax cut back to baseline of what everyone expected.
As people realize that they are the ones paying the tariffs, this is going to be very unpopular.