‘Literally How an Economy Doesn’t Work’: Economic Experts Mock Trump’s Early AM China Tariffs Tweetstorm

 
 
 

"The President's been lying, non-stop, saying that China would pay for the tariffs – just like Mexico would pay for the wall."

President Donald Trump followed up his weekend of nearly 100 tweets with an early Monday morning tweetstorm starting at 6:09 AM.

Most of the President's tweets were in defense of his tariffs on hundreds of billions of dollars of goods imported from China into the U.S. – the vast majority of which increase costs to Americans because the tariffs are paid for by the companies that import the goods, who generally pass them on to consumers via higher prices.

And the president was widely mocked for these tweets, by an informed general public and many experts.

One set of Trump's defensive tweets garnered a great deal of attention, for being wholly false.

"The President's been lying, non-stop, saying that China would pay for the tariffs – just like Mexico would pay for the wall," MSNBC's Joe Scarborough noted.

Politico's Chief Economic Correspondent also weighed in:

But it was this totally false Trump tweet that drew total mockery:

Here's a noted American development economist:

A CNN Business economy reporter:

Editor-in-chief, SAIS Observer. Freelance journalist:

London Bureau Chief for The Street:

Professor, Washington University in St. Louis:

Senior Writer, Bloomberg Economics:

Wall Street financier, Morning Joe Economic Analyst:

Bloomberg News economics editor:

Don't let Silicon Valley control what you read. Get more stories like this in your inbox each day.

* indicates required

See a mistake? Email corrections to: [email protected]
Tagged with: