Hayes Brown is a writer and editor for MSNBC Daily, where he helps frame the news of the day for readers. He was previously at BuzzFeed News and holds a degree in international relations from Michigan State University.
Former President Donald Trump loves tariffs. He absolutely goes nuts for them and has made an even sharper turn back to protectionist policies a major part of his campaign. He also has no idea how tariffs work or what function they perform and doesn’t understand how his proposed policies would pile higher costs on American consumers already frustrated with rising inflation. That’s why it’s confounding that voters somehow trust Trump to bring down prices.
That answer also happens to be extremely incorrect, as the costs of “building” would still be passed on to the consumer. Taken together, the net effects of his tariff plan would raise prices to the tune of more than $300 billion per year, according to an estimate from the Tax Foundation, a nonpartisan Washington think tank. For a former president to be so stubbornly wrong about an Econ 101 concept is bad enough.
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