OPINION:
'It's going to be a tough time': Trump's tariffs start to hit U.S. ports
Executive Director of the Port of Los Angeles Gene Seroka joins @nicollewallace.bsky.social to explain the impacts of Trump's tariffs on his port and how that will affect the American people.
'It's going to be a tough time': Trump's tariffs start to hit U.S. ports
Executive Director of the Port of Los Angeles Gene Seroka joins @nicollewallace.bsky.social to explain the impacts of Trump's tariffs on his port and how that will affect the American people.
Comments
Then BANG.
… 𝒂 𝒕𝒚𝒑𝒆 𝒐𝒇 𝒕𝒂𝒙𝒂𝒕𝒊𝒐𝒏 𝒘𝒊𝒕𝒉𝒐𝒖𝒕 𝒓𝒆𝒑𝒓𝒆𝒔𝒆𝒏𝒕𝒂𝒕𝒊𝒐𝒏
— Donny No Dolls does not quite comprehend
that, by his analogy, the effect upon household
income will be that 90 percent of discretionary
spending will be gobbled up by tariffs — since
3 is 10% of 30.
.