Donald Trump announced Friday that he was scrapping U.S. tariffs on beef, coffee, tropical fruits and a broad swath of other commodities — a dramatic move that comes amid mounting pressure on his administration to better combat high consumer prices.

Trump has built his second term around imposing steep levies on goods imported into the U.S. in hopes of encouraging domestic production and lifting the U.S. economy. His abrupt retreat from his signature tariff policy on so many staples key to the American diet is significant, and it comes after voters in off-year elections this month cited economic concerns as their top issue, resulting in big wins for Democrats in Virginia, New Jersey and other key races around the country.

  • ReallyActuallyFrankenstein@lemmynsfw.com
    link
    fedilink
    English
    arrow-up
    45
    ·
    10 hours ago

    I mean, let’s just sit back and observe the stupidly obvious fact that Trump is lowering tariffs to lower grocery store prices, which necessarily confirms Trump knows that creating tariffs raised the grocery store prices, despite that he has said the exact opposite.

    So tell me, mainstream media: Did we do it? Did we catch Trump in a lie so logically incontestable that your reporters would feel empowered to finally report it as a “lie”?

    [Scans article]

    …sigh.

    • Treczoks@lemmy.world
      link
      fedilink
      arrow-up
      5
      ·
      5 hours ago

      Joke is on American customers. I bet my ass that prices either won’t fall at all, or at least fall far less than the change of tariffs would warrant.

      • NobodyElse@sh.itjust.works
        link
        fedilink
        arrow-up
        4
        ·
        1 hour ago

        Of course they won’t. Prices never go back down. We’re still paying extra for the ongoing COVID supply chain troubles.