Republicans Split With President Donald Trump Over Mexico Tariff Threat | MTP Daily | MSNBC Kristen Welker reports from the White House where Mexican trade negotiations are underway, while the president threatens tariffs. ? Subscribe to MSNBC: ...
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Trump knows more about ISIS than the generals, more about renewable energy than any human, so it makes sense that he understands trade better than everyone else put together? Trump conducted a session on basic economics. Pay close attention. Trump University is in session. “When you have the money,” explained Trump, “when you have the product, when you have the thing that everybody wants, you’re in a position to do very well with tariffs, and that’s where we are. We’re the piggybank. The United States is the piggybank. It has all the money that others want to take from us, but they’re not taking it so easy anymore. It’s a lot different.”
Actually, it would be Mexico that has the products. If both the money and the products were in the United States, then tariffs would not be an issue. That business of “others wanting to take from us” our money would be called buying things.