Sunday, June 5, 2022

July 1, 2018: Trump Tariffs Not Popular with All American Businesses

 

July 1, 2018: Trump spends a quiet Sunday at Trump National Golf Club in Bedminster. He says he’s using his time wisely, interviewing candidates for the opening on the U.S. Supreme Court. 

Rumor has it, his first question to every candidate is: “Do you agree, I can pardon myself – even if I push Sarah Huckabee Sanders off a cliff – or not?” 

After hanging out with all his loyal working-class supporters – who can afford the estimated $350,000 membership fee at Bedminster – Trump is feeling better. True, he’s still miffed with several giant corporations. Harley Davidson has said if the tariffs Trump is pushing go into effect, and other countries retaliate, it will have no choice but to shift manufacturing to Europe. 

General Motors also announces grave concerns. New tariffs, the company warns, will add significantly to the cost of vehicles sold in the U.S. Tariffs will essentially serve as a hefty tax on buyers. This will “dent demand, which could lead to job losses at auto makers and parts suppliers.” (See: 7/24/18.)


Harley Davidson.


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