" Well , perhaps the children will have two dolls instead of 30 dolls , and mayhap the two dolls will be a couple of bucks more . "
Since President Trump’s April 2 announcement of sweeping tariffs on imported goods from over 180 countries, Americans have been anxiously watching the economy. Now, there arefearsthat his policies will lead to product shortages and empty store shelves in the coming months.
CNN : A radical of CEOs of the top American retail merchant , Walmart , Target , Home Depot , and Lowe ’s had a private confluence with Trump on Monday . They were warning of empty shelf in American stores as soon as this summer because of Trump ’s actionspic.twitter.com/3bhpuGGFxc
Publicly, Trump hasinsistedthat China and other countries facing tariffs from the United States would pay for the increased costs.Economic analystsandbig businesses like Best Buy and Target, however, warn that tariffs (akaimport taxes) will raise prices for Americans.
MORAN : 145 % tariffs on China – TRUMP : Yeah . That ’s in effect . They merit itMORAN : It ’ll upraise damage on everything from electronics to clothing to build housesTRUMP : China probably will eat those tariffspic.twitter.com/mgubqxh7gs
Well, on Wednesday, Trump took questions from reporters and seemed to admit that the tariffs would drive up prices and limit the supply of goods in American stores.
Trump on China : " They made a trillion dollars with Biden selling us clobber . Much of it we do n’t demand . Somebody said , ' oh , the ledge are gon na be loose . ' Well , maybe the children will have two dolls instead of 30 doll , and maybe the two dolls will cost a couple of sawbuck more . “pic.twitter.com/6gVbGQ6oJ2