Fox News host confronts Trump on his economic plans increasing debt, prices

[鬼百合]

Fox News host confronts Trump on his economic plans incre...

Since Trump revealed his plans, economists warned that his policy proposals are projected to add $7.5 trillion to the national debt.

www.newsweek.com

Fox News host Maria Bartiromo confronted former President Donald Trump on Sunday about his economic plans that some economists said would raise the national debt and increase prices for consumers.

Trump, the GOP presidential nominee, has proposed significant tariffs as a core part of his economic plan if he gets a second term in the White House. In addition to the 10 percent tariff on all imported goods to address trade imbalances and reduce the trade deficit, he has suggested a more targeted 60 percent tariff on goods imported from China, aiming to pressure it on trade practices. These tariffs are intended to generate revenue, potentially raising around $3.7 trillion over a decade, but they could also impact consumer prices and international trade relations.

Since Trump revealed his economic plans, economists have warned that his policy proposals are projected to add $7.5 trillion to the debt under the central estimate, stemming from $10.2 trillion in deficit-increasing measures, $3.7 trillion in deficit-reducing efforts, and $1 trillion in interest, according to the Committee for a Responsible Federal Budget (CRFB), a nonpartisan, nonprofit organization that addresses federal budget and fiscal issues.

Under a more optimistic, low-cost scenario, his plans would add $1.45 trillion to the debt, while the high-cost scenario could see an increase of $15.15 trillion by 2035.

 

[Nordberg]

Tariffs do not generate money from foreign countries. They pass the cost on in higher prices. American consumers pay for them.

 

[Tbird19482]

Tariffs do not generate money from foreign countries. They pass the cost on in higher prices. American consumers pay for them.

And a lot of MAGA and right wingers are so stupid they believe Trump when he says CHINA the exporter pays the Tariff, when as you say they just increase the price of what ever they are selling to the AMERICAN consumer and they pay it.
Have a nice day

 

[Althea]

Fox News host confronts Trump on his economic plans incre...

Since Trump revealed his plans, economists warned that his policy proposals are projected to add $7.5 trillion to the national debt.

www.newsweek.com

Fox News host Maria Bartiromo confronted former President Donald Trump on Sunday about his economic plans that some economists said would raise the national debt and increase prices for consumers.

Trump, the GOP presidential nominee, has proposed significant tariffs as a core part of his economic plan if he gets a second term in the White House. In addition to the 10 percent tariff on all imported goods to address trade imbalances and reduce the trade deficit, he has suggested a more targeted 60 percent tariff on goods imported from China, aiming to pressure it on trade practices. These tariffs are intended to generate revenue, potentially raising around $3.7 trillion over a decade, but they could also impact consumer prices and international trade relations.

Since Trump revealed his economic plans, economists have warned that his policy proposals are projected to add $7.5 trillion to the debt under the central estimate, stemming from $10.2 trillion in deficit-increasing measures, $3.7 trillion in deficit-reducing efforts, and $1 trillion in interest, according to the Committee for a Responsible Federal Budget (CRFB), a nonpartisan, nonprofit organization that addresses federal budget and fiscal issues.

Under a more optimistic, low-cost scenario, his plans would add $1.45 trillion to the debt, while the high-cost scenario could see an increase of $15.15 trillion by 2035.

Did he address the question, or simply start ranting about Haitians?