Here's a great breakdown on impacts of Trump tariffs.
Another important point: it's taxation without representation.
Congress should have made this policy, not Trump. No one will challenge the so-called "emergencies" that Trump has invoked.
Anyone care about the US Constitution anymore?
#fascism
Another important point: it's taxation without representation.
Congress should have made this policy, not Trump. No one will challenge the so-called "emergencies" that Trump has invoked.
Anyone care about the US Constitution anymore?
#fascism
Reposted from
Ernie Tedeschi
New @budgetlab.bsky.social report about today's tariff announcement:
• The April 2nd policy alone is the equivalent of an 11.5pp increase in the effective tariff rate. When combined with other US tariffs in 2025, we're at 22 1/2%, the highest rate since 1909.
1/7
• The April 2nd policy alone is the equivalent of an 11.5pp increase in the effective tariff rate. When combined with other US tariffs in 2025, we're at 22 1/2%, the highest rate since 1909.
1/7
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