MeidasTouch host Ben Meiselas reports on Donald Trump getting exposed as the fraud he is as he goes golfing and leaves the country in total shambles.
Great question — let’s unpack both parts:
- Which countries have tariffs on the U.S.?
- Did Trump make up numbers about those tariffs?
🌐 1. Which Countries Have Tariffs on U.S. Goods?
Nearly every country has some tariffs on U.S. imports — that’s just part of global trade. But tariffs vary by product, industry, and trade agreements.
🔝 Examples of U.S. trading partners with notable tariffs:
| Country | Tariff Summary on U.S. Goods |
|---|---|
| China | High tariffs on agricultural products, tech goods, autos (especially during trade war). |
| European Union | Moderate tariffs on food, agriculture, autos; retaliated during Trump trade war. |
| India | High tariffs on wine, motorcycles, tech; frequent target of U.S. complaints. |
| Brazil | High tariffs on cars and electronics. |
| Canada & Mexico | Low to none — due to USMCA (the new NAFTA). |
🧾 Tariff rates are set by countries under World Trade Organization (WTO) rules and vary from 0% to 100%+ on specific goods.
📊 2. Did Trump Exaggerate or Mislead on Tariffs?
Yes, partly. Trump made broad, simplified, and often misleading statements about U.S. tariffs and trade.
📉 Examples of misleading claims:
- Claim: “We have no tariffs, but everyone charges us massive tariffs.”
✅ Reality: The U.S. already had tariffs, just usually lower on average than some countries. But not zero. - Claim: “China is paying us billions in tariffs.”
❌ Reality: U.S. importers and consumers pay tariffs, not foreign countries directly. Tariffs are collected at the U.S. border from American companies buying goods from China. - Claim: “The average tariff on U.S. goods is 50%, and ours is 0%.”
❌ Reality: Average global tariffs on U.S. goods were around 5%-10%, depending on the country and product. Trump often used cherry-picked high tariffs (like India’s 100% on Harley-Davidson motorcycles) to make broader claims.
🎯 Summary:
- ✅ Most countries do have tariffs on U.S. goods, but they vary.
- ❗️Trump’s claims were often exaggerated or selectively presented to justify trade wars or protectionist policies.
- 🔄 His approach led to retaliatory tariffs, hurting some U.S. farmers and manufacturers, even as he argued it was about “fair trade.”
Would you like a chart comparing average tariffs by country or an example of how Trump’s tariffs affected prices in the U.S.?
DID Bidden and Harris have better finacial plan
ChatGPT said:
Vice President Kamala Harris’s economic policies both align with and diverge from those of President Joe Biden. While maintaining continuity in several areas, Harris has introduced distinct proposals reflecting her priorities.
Continuities:
- Taxation: Both Harris and Biden advocate for increasing taxes on corporations and high-income individuals to fund public services and reduce the deficit. Harris supports restoring the corporate tax rate to 28%, consistent with Biden’s stance. Wikipedia
- Labor and Wages: Both support raising the federal minimum wage and strengthening labor unions to bolster the middle class. NPR+6Yahoo Finance+6Wikipedia+6
Differences:
- Tax Policies: Harris proposes eliminating taxes on tips, a measure not highlighted in Biden’s plans. Wikipedia
- Housing and Homeownership: Harris has introduced a $25,000 subsidy for first-time homebuyers and plans to build 3 million affordable housing units, aiming to address housing affordability more aggressively than Biden. NPR+9Time+9Wikipedia+9
- Child Tax Credit: She proposes a $6,000 child tax credit for the first year of a child’s life, expanding upon existing child tax benefits. Wikipedia+1Time+1
- Medical Debt: Harris plans to eliminate medical debts, a policy not prominently featured in Biden’s agenda. Wikipedia
While Harris’s economic platform builds upon the foundation set by Biden, her specific proposals indicate a focus on immediate financial relief for middle and low-income families, housing affordability, and targeted tax reforms.