How The Media Are Lying: Tariffs 'A Tax On Consumers' Edition
Eddie Scarry
~4 minutes
Much like every other major story, the dying news media have managed to take a really interesting topic and thoroughly dumb it down to a limited set of monotonous slogans. In this case, variations of “tariffs hurt working people the most” and “the cost is passed onto consumers.”
NBC News: “Trump’s new tariffs will hit lower-income households the hardest.”
Associated Press: “Companies buying foreign products pay the tariffs imposed on them — and, as a result, face higher costs that are typically passed on to customers.”
USA Today: “Some economists predict Americans will feel the pain – at least in the short term – and low-income Americans most of all.”
CNBC: “Trump’s tariffs are expected to raise consumer prices …”
Me no like tariff! Tariff bad!
Nobody needs an advanced economics degree to know that’s not all there is to say about the Trump administration’s tax hike this week on companies importing their products to the U.S. A new tariff doesn’t necessarily mean a price increase for consumers, but if it does, that’s not where it ends. Many things could happen. Some or all of them will.
more
https://thefederalist.com/2025/04/04/heres-how-the-media-are-lying-right-now-tariffs-a-tax-on-consumers-edition/
