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Fox News jumps in for more bad tariff math 🙄 (text and X)
At least they got the words right.
Fox News tells a story a small business owner who used to pay $26,000 in tariffs on goods imported from China, but now faces a $346,000 tariff due to Trump’s new 104% tariff on Chinese imports.
"We think that China is gonna have to pay for it. A special needs toy importer-- when the tariff went into effect, his tariff bill went from $26,000 at midnight to $346,000. And that's money that's got to have to come out of his pocket... They think foreign countries have to pay the tariff, that's not true. Tariffs are being paid by Americans."
Link to tweet
?s=46&t=3VBm1LJ8j8qLp6JTs_8J2A