Trump Economic Adviser Admits Tariffs Are Paid by Americans
David Pakman ShowJanuary 5, 20265 min390,117 views
11 connections·17 entities in this video→Trump's Tariff Policy Exposed
- 🎯 For years, the Trump administration insisted that foreign countries pay tariffs, a core argument used to justify the policy.
- 💡 The administration claimed that when tariffs were placed on China, for example, China paid the tariffs, and the US won.
Kevin Hassett's On-Air Admission
- 🎙️ In a critical moment, Trump's top economic adviser, Kevin Hassett, was asked about the implications if tariffs were deemed unconstitutional.
- 💸 Hassett admitted that whoever cut the check for the tariffs would receive a refund, a statement that immediately contradicted the administration's public stance.
- 🔍 When pressed, Hassett explained that the importer is typically the one who pays the tariff and would be the first in line for a refund.
The Reality of Tariff Payments
- 📉 The transcript clarifies that American importers pay tariffs at the port, and these costs are often passed on to consumers through higher prices.
- 🗣️ This admission by Hassett is described as a
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What’s Discussed
TariffsDonald TrumpKevin HassettUS EconomyTrade PolicyAmerican ConsumersImportersSupreme CourtEconomic PolicyChina Tariffs
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