Tariffs: America’s New Favorite Invisible Tax Scam
Photo by Jeremy Perkins on Unsplash
President Trump beams as 'BILLIONS OF DOLLARS' allegedly 'FLOW into the U.S.' thanks to new tariffs on dozens of countries, while some American businesses nervously prepare to hike prices. The U.S. slapped a 41% tariff on Syria and 35% on Canadian goods (mostly exempt thanks to USMCA). Meanwhile, Mexico’s 35% was paused for 90 days, China’s truce ends Aug 12, and Brazil refuses to rush talks, fearing humiliation. As Trump warned, 'The only thing that can stop America's greatness would be a radical left court,' proving tariffs come with a side of political drama.
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Source: Axios | Published: 8/7/2025 | Author: Rebecca Falconer
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