On CNN This Morning, CNN senior political analyst Mark Preston warned that under Trump’s proposed tariff increase on China, “when you go to Walmart, you’re not going to get something for like $3.99. It’s going to be $13.99.”
That’s a 250% price increase! Trump has proposed increasing existing tariffs on Chinese goods by only 10%. So Mark, where’s the additional 240% coming from? CNN correspondent Jeff Zeleny agreed with Preston’s absurd scaremongering: “Exactly.”
Republican strategist Brad Todd pointed out that one of Biden’s first actions upon entering office was to renew Trump’s tariffs on aluminum. In response, former Biden spokeswoman Kendra Barkoff suggested that Biden had done that because, due to Covid, prices had started going up, and Biden had to stop the “hemorrhage.” So Kendra: Biden kept tariffs in place to keep prices down?
Todd also noted…
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