Trump's Economic AssFuckery: What His Tariffs Are Going To Cost You

When Donald Trump announced his batshit plan to slap 25% tariffs on imports from Canada, Mexico, and Greenland, he demonstrated once again that he doesn't understand the first damn thing about international trade or basic economics. "We're getting killed on trade, killed," Trump bellowed at a recent rally, showcasing his trademark mix of ignorance and bravado. Well, if he thinks we're getting killed now, wait until American consumers and businesses get hit with the tsunami of price increases and supply chain disruptions his moronic tariff scheme would unleash.

The Basics: Why Tariffs Are Usually Stupid, and These Are Extra Stupid

Let's start with some basic economic reality that Trump seems pathologically incapable of grasping: tariffs are taxes paid by American importers and ultimately passed on to American consumers and businesses. When he says "Mexico will pay the tariffs," he's either lying or doesn't understand how tariffs work. Spoiler alert: It's probably both.