Breitbart Business Digest: Media Fear-Mongers That Orange Man’s Tariffs Are Bad

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Given the conversation on cable news over the weekend, it behooves us at the Breitbart Business Digest to again explain thatare not necessarily inflationary, and the people telling you that they are are partisan hacks with no credibility on the matter.KARL: I, very quickly, want to ask you, Donald Trump floated an idea of replacing all federal income taxes with high tariffs.

So, Trump proposed a tariff of ten percent on imported goods; and ever since, the left has been trying to insist that this wouldPresident Donald Trump signs a Presidential Memorandum on Protecting the United States Lobster Industry on June 24, 2020, in the Oval Office of the White House. Trump expanded tariffs when he was president before

, and inflation was at incredibly low rates. Biden scaled back on tariffs, and inflation went through the roof. . So, when the media insisted during Trump’s presidency that tariffs would be inflationary,. We’ve seen way too much of both during the Biden years, as documented here just about every day.

Yet we see exactly what they’re doing: while it’s poor form to introduce a topic you don’t have time to flesh out, a full discussion would likely prove to beMan Who Threatened Maxine Waters Sentenced to Almost 3 Years in PrisonChrissy Teigen Fears Trump Will 'Come After' Her If He Wins ElectionWATCH: Biden Appears to Freeze, Obama Steps in to Escort Him Off StageGun Control Fail: Secret Service Agent Robbed at Gunpoint in CaliforniaCarville: ‘There Is Not Enough MAGA for Trump to...

 

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