Fox News host Chris Wallace on Sunday reminded Larry Kudlow, director of the National Economic Council, that Americans will be forced to pay for the tariffs that President Donald Trump is putting on Chinese goods.
“It’s not China that pays tariffs, it’s the American importers, the American companies that pay what is in effect a tax increase,” Wallace explained. “And oftentimes passes it on to U.S. consumers.
“Fair enough,” Kudlow replied. “In fact, both sides will pay.”
“If it’s a tariff on goods coming in, the Chinese aren’t paying,” the Fox News host pointed out.
Kudlow insisted that China would suffer G.D.P. losses.
“I understand that but the president says China pays the tariffs,” Wallace said. “They may suffer consequences but it’s U.S. businesses and U.S. consumers who pay.”
Watch the video below from Fox News.
— FoxNewsSunday (@FoxNewsSunday) May 12, 2019
Trump declares it was a ‘great day for the GOP’ — and is mercilessly ridiculed for his absurd claim
President Donald Trump responded to the end of the day's impeachment hearings by saying that it was a great day for the Republican Party and for the United States. There were many people who disagreed, however.
Every person who testified before Congress has said that Trump's obsession with Joe Biden was concerning enough to alert others. Even National Security Council aide Tim Morrison stressed that he didn’t believe there was anything inappropriate about the call between Trump and Ukrainian President Volodymyr Zelensky. But when Rep. Val Demmings (D-FL) asked him why then he felt the need to report it if there was nothing wrong, Morrison struggled to find an answer.
NSC aide Morrison flounders as lawmaker asks why he reported Trump’s phone call if he didn’t think it was a big deal
At the impeachment hearings on Tuesday, National Security Council aide Tim Morrison stressed that he didn't believe there was anything inappropriate about the call between President Donald Trump and Ukrainian President Volodymyr Zelensky. But when Rep. Val Demings (D-FL) asked him why he reported the call to government lawyers, he had no answer.
"You responded to a series of questions about the call and saw nothing wrong with it, yet you skipped your chain of command to go to legal counsel to find out — I guess to find out what to do, because you were concerned about the political fallout, not about anything being appropriate or wrong with the call, is that correct?" asked Demings.
CNN legal analyst flattens Rick Santorum for ridiculous impeachment defense of Trump
Former GOP Sen. Rick Santorum was shut down on CNN for his latest defense of President Donald Trump.
Santorum was effectively arguing for people to ignore the words coming from Trump.
"Wait, this argument is insane," Carrie Cordero said. "You cannot argue that the president of the United States' words do not matter or that he's just sort of spouting off or he has his own views."
"The reality is we ignore 80 to 90% of what the president says," Santorum argued. "Look at the tweets, we ignore most of those things he tweets and say 'it's Trump being Trump.'"
Then CNN legal analyst Jeffrey Toobin flattened Santorum.