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[personal profile] timelets
According to the mumbling BSer-in-chief, the tariffs don't exist. Should we believe him or our own eyes?


https://www.wsj.com/articles/transcript-of-president-trumps-interview-with-the-wall-street-journal-1540388205

WSJ: A lot of people say that tariffs are really the biggest threat to the economy long term.

Mr. Trump: We don’t have any tariffs.

WSJ: But you’re saying it’s the Fed.

Mr. Trump: It’s so much nonsense, OK. This is your story. We don’t even have tariffs. I’m using tariffs to negotiate. I mean, other than some tariffs on steel—which is actually small, what do we have? I didn’t put them on the USMCA. We have a trade deal. I didn’t put them on in South Korea. We have a trade deal. That was the worst deal. That was a deal made by Hillary Clinton. It was a horrible deal. We made it into a sound deal.

But I didn’t put tariffs. Where do we have tariffs? We don’t have tariffs anywhere. I read that today: We’re worried about the tariffs. You know what happens? A business that’s doing badly always likes to blame Trump and the tariffs because it’s a good excuse for some incompetent guy that’s making $25 million a year.

WSJ: Just to go back to the Fed for a second—

Mr. Trump: But think of it, Michael. We don’t have tariffs. Where do we have tariffs? I’m talking tariffs. I’ll use tariffs. I mean it. I’ve said I was going to put tariffs on European Union cars, right? They came to my office. We made the concept of a deal. We’ll see what happens. But they agreed to a deal that they wouldn’t even talk about. There’s no tariffs.

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