Trump fumes and again insists companies pay tariffs not consumers as he bashes criticism of his plan

[Yo_Mama_Been_Loggin]

President Donald Trump raged against Goldman Sachs, Federal Reserve Chairman Jerome Powell and even his former Treasury secretary as he defended his global reciprocal tariffs - and continued to promote claims its countries, not consumers, are footing the bill.

"Also, it has been shown that, for the most part, Consumers aren't even paying these Tariffs, it is mostly Companies and Governments, many of them Foreign, picking up the tabs. But David Solomon and Goldman Sachs refuse to give credit where credit is due," Trump wrote on Truth Social Tuesday.

It has become a long refrain for the president that others pay tariffs, despite the fact that the cost is typically passed on to consumers.

Trump posted multiple criticisms on his Truth Social account Tuesday after the Bureau of Labor Statistics showed that inflation increased by 0.2 percent in July and by 2.7 percent for the past twelve months. Trump and economists are celebrating the numbers as they have beaten industry expectations and shown that tariffs have not led to massive inflation as some feared.

https://www.msn.com/en-us/money/markets/trump-fumes-and-again-insists-companies-pay-tariffs-not-consumers-as-he-bashes-criticism-of-his-plan/ar-AA1KoNfA

Are your feefees hurt Donny?

[hildegaard28]

1. He knows

That’s not true. He just thinks the American people are dumb enough to fall for an obvious lie, otherwise he wouldn’t be floating the idea of tariff rebate checks to Americans.

[dutch777]

2. So self deluded. A friend got a quote for some contruction and it had itemized materials with tariffs and the amount.

Love it. In his case it was about metal components and the add to a $17k project was an extra $500.