Trump has declared himself to be “Tariff Man,” which is apparently the dumbest superhero ever because he doesn’t even understand how tariffs work. He has repeatedly claimed that tariffs force foreign governments to pay us to export their goods here, but the tariff is not paid by the exporter but by the importer of the goods (and ultimately by the consumer).
On Fox News, he told Harris Faulkner:
“We have placed tremendous tariffs on China. When China sends things into America now, they’re paying 25% interest on everything they send in.”
And this man has a master’s in finance from an Ivy League school, for crying out loud. I can only assume that his dad bought him that degree. What other explanation is there?