Sunday, March 25, 2018

You won't even notice the effect of those tariffs

Treasury Secretary Steve Mnuchin said Sunday he doesn’t expect President Trump’s recent string of tariff announcements to have a large impact on the economy.

  The Hill
Then, what in the name of Sam Hill is the purpose of imposing them?
“I don’t expect to see a big impact on the economy. But again, I think what we’re doing is long-term very good for the economy,” Mnuchin said on “Fox News Sunday.”
Which is it? No big deal or very good?
"We are going to proceed with our tariffs. We’re working on that. But we’re simultaneously having negotiations with the Chinese to see if we can reach an agreement," Mnuchin said.

"We're cautiously hopeful we’ll reach an agreement but if not we are proceeding with these tariffs unless we have an acceptable agreement that the president signs off on," he added.
Then you better put somebody on Fox News to validate it.

...but hey, do what you want...you will anyway.

No comments: