US companies forked over a record amount of tariffs in October ($6.2 billion!) because of Trump's trade war

  • 📰 BusinessInsider
  • ⏱ Reading Time:
  • 1 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 4%
  • Publisher: 51%

Nigeria News News

Nigeria Nigeria Latest News,Nigeria Nigeria Headlines

US companies are paying more in tariffs than at any point in history as President Donald Trump's trade war starts to take its toll.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That's the point

Who gets that money?

I must agree with Trump on this one. America forks over billions to all these countries and allies. It's about time they start holding their own. It's like these countries receiving welfare benefits from the US while making mass profits.

Consumers will end up paying. No manufacturers will set up shop in the USA be ause they know the tariffs are short term partisan policies anyway. So. Consumers pay more. Companies pay more. Mo real practical gains anywhere. Yep that's trump.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 729. in NG

Nigeria Nigeria Latest News, Nigeria Nigeria Headlines