{"id":73421,"date":"2025-11-28T18:09:24","date_gmt":"2025-11-28T18:09:24","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-ca\/73421\/"},"modified":"2025-11-28T18:09:24","modified_gmt":"2025-11-28T18:09:24","slug":"trumps-description-of-how-tariffs-work-at-odds-with-reality-san-diego-union-tribune","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-ca\/73421\/","title":{"rendered":"Trump\u2019s description of how tariffs work at odds with reality \u2013 San Diego Union-Tribune"},"content":{"rendered":"<p>Re \u201cConsumers should brace for price increases as retailers pass tariff costs along\u201d (<a href=\"https:\/\/www.sandiegouniontribune.com\/2025\/11\/10\/holiday-presents-tariffs\/\" rel=\"nofollow noopener\" target=\"_blank\">Nov. 10<\/a>): President Trump recently posted about \u201cthe massive amounts of money being made by the United States of America, Hundreds of Billions of Dollars, as a direct result of Tariffs being charged to other countries.\u201d<\/p>\n<p>This shows a breathtaking ignorance of what a tariff actually is: A tax paid to the U.S. Treasury by the U.S. importer of the tariffed goods. There is no money flow into the U.S. from tariffs. Tariffs raise prices of imported goods and impose a massive tax hike (the \u201cHundreds of Billions of Dollars\u201d mentioned above) on the American people. They have no direct effect on foreign manufacturers unless we in the U.S. decide to not buy those tariffed goods \u2014 which is apparently not happening.<\/p>\n<p>\u2014 Peter Wagner, Scripps Ranch<\/p>\n","protected":false},"excerpt":{"rendered":"Re \u201cConsumers should brace for price increases as retailers pass tariff costs along\u201d (Nov. 10): President Trump recently&hellip;\n","protected":false},"author":2,"featured_media":73422,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[1564,975,74,76,75],"class_list":["post-73421","post","type-post","status-publish","format-standard","has-post-thumbnail","category-san-diego","tag-letters-to-the-editor","tag-opinion","tag-san-diego","tag-san-diego-headlines","tag-san-diego-news"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/73421","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/comments?post=73421"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/posts\/73421\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media\/73422"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/media?parent=73421"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/categories?post=73421"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-ca\/wp-json\/wp\/v2\/tags?post=73421"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}