Debunking the Myth That Tariffs Are Just Taxes Charged to Consumers

“Tariffs are just a tax on the consumer.”

False!

The facts tell a different story:

Import prices have fallen faster than overall goods (White House CEA).

Inflation is stable at 1.9%, wages are rising.

Tariff revenue: $150B+ this year, on track for $300B.

Companies are investing billions back into America:
• GE Appliances – $3B, 1,000 jobs
• Century Aluminum – $50M, 100 jobs
• U.S. Steel – $1B upgrade
• Nucor – $650M expansion
• TSMC – $40B Arizona chip plant
• Toyota/Mazda – $1.6B Alabama plant, 4,000 jobs

Tariffs aren’t crushing consumers they’re fueling U.S. jobs & growth.

SOURCE: https://x.com/DavidPollackUSA/status/1958372210743169027