Early this morning, Trump went on yet another one of his classic Twitter tantrums, though for once it wasn’t over the Mueller report. Today, Trump was big mad because his “master” negotiating skills didn’t amount to squat when it came to reaching a trade negotiation between the US and Chinese officials, which resulted in a 25 percent tax on $200 billion in Chinese goods — that will end up being paid by Americans.
He capped off his retweeting frenzy after breakfast with a brand new tweet of his own, offering some “simple” advice from his simple brain — just manufacture every single thing that America needs, ever, in America, buy everything in America, and then we could just avoid his trade war altogether!
“Such an easy way to avoid Tariffs? Make or produce your goods and products in the good old USA. It’s very simple!” his tweet read.
Such an easy way to avoid Tariffs? Make or produce your goods and products in the good old USA. It’s very simple!
— Donald J. Trump (@realDonaldTrump) May 11, 2019
Sounds simple enough. Except it’s not. Tariffs are a complex ordeal, and they often end up causing US manufacturers to pay way more for the raw materials they need to create their product and leaves them with no other option than to jack up their own prices as a result. And then, of course, everyone is left complaining because they can’t afford the price of goods anymore.
Of course, it didn’t take long for social media to dogpile on Trump’s blatant ignorance of the global economy and even the most basic of economics. And many were sure to point out that while Trump is quick to offer such “simple” advice in an attempt to take the heat off himself, the fact of the matter is his own family doesn’t even follow that standard, considering Ivanka’s products are all manufactured outside of the US. And of course, a bunch of them just pointed out that no one is jumping on the bandwagon to take economic advice from a man who’s lost literal billions in his own economic adventures.
#BREAKING Guy Who Lost A Billion Dollars And Went Broke Running Casinos Gives Tips For Business Success
— Jeff Tiedrich (@itsJeffTiedrich) May 11, 2019
precisely the sort of economic wisdom you’d expect from a man who sent a generation of bankruptcy lawyers’ kids to college https://t.co/MA3pnxiytC
— George Conway (@gtconway3d) May 11, 2019
Tell that to your daughter, idiot.
— Tony Posnanski (@tonyposnanski) May 11, 2019
For example, because of steel tariffs, the last nail factory in the USA recently has laid off workers and may be near insolvency because it can’t compete with imported nails (even though they’re also subject to tariffs).
It’s almost like the global economy is really complex…
— Pé Resists (@4everNeverTrump) May 11, 2019
It’s not simple for Trump, obviously. At least two of Trump’s last three construction projects, Trump opted to purchase his steel and aluminum from Chinese manufacturers rather than United States corporations based in states like Pennsylvania, Ohio, Michigan and Wisconsin.
— Thorsten (@Airvooocht) May 11, 2019
If the bankruptcy proceedings are any indication, the old man didn’t understand the 20th century economy either.
— Kent_Williams 𝓚📸𝓦 (@Alan_K_Williams) May 11, 2019
Well played, Twitter. Well played.
Featured image via DC Tribune Gallery