The Truth About Tariffs

Walmart Warns: Americans Will Bear the Cost

Campaign Claims vs Reality

Campaign Promise:

Will fill nation's coffers

Reality:

Costs passed to consumers

Campaign Promise:

Reduce the deficit

Reality:

May trigger trade wars

Campaign Promise:

Bring back manufacturing jobs

Reality:

Can lead to job losses downstream

Campaign Promise:

Eliminate need for income taxes

Reality:

Creates additional consumer costs

Campaign Promise:

China will pay the tariffs

Reality:

U.S. importers pay the tariffs