Ronald Reagan Really F**king Hated Tariffs

🙃 Why does #DonaldTrump lie so much? Why does he lie about tariffs? And why is he lying about #RonaldReagan? 💵 Studies show that DonaldTrump's tariffs cost the average American household between $900 and $1,700 annually. Can you afford that? Yeah, me neither. 🙃 Researchers found that U.S. consumers and businesses ultimately pay for up to 96% of these levies through higher prices, which has amounted to hundreds of billions of dollars in cumulative costs. 🫠 A report by the Joint Economic Committee found that families paid more than $1,700 each in total tariff costs since the current administration took office. 👛 But rather than foreign exporters absorbing the cost, up to 96% of the tariff burden is passed down to American wholesalers, retailers, and directly to the consumer. And it looks like you are NEVER gettting that money back, #America. 👜 While the U.S. government has collected hundreds of billions in customs duties and refunded billions to large corporations like Walmart and Apple following a recent Supreme Court decision, the everyday American consumer who ultimately absorbed the higher prices has not received a direct reimbursement. What do you want to bet you never, ever will? 📼 This is the video record of President Reagan's Radio Address to the Nation on International Trade and the Deficit from the Oval Office on May 2, 1987. You can watch the WHOLE THING for yourself right here. President Reagan's Radio Address to the Na... 🧱 Yes, #RonaldReagan HATED #tariffs. The American #conservative movement used to be staunch free traders. Under #Trump, that history seems long forgotten. Reagan wanted walls [of all kinds] TORN DOWN. 👀 I want you to take special note of this material from the #President #RonaldReagan Foundation content. What do you notice? First, it is undoctored and second, you'll notice it says: Access Restriction(s):Unrestricted Use Restriction(s):Unrestricted 🤥 #DonaldTrump lied when he said #Ontario ads with #Reagan's words were inaccurate and that the #Ontario government didn't garner "permission". None was REQUIRED. Full Title: President Reagan's Radio Address to the Nation on International Trade and the Deficit from the Oval Office on May 2, 1987 Creator(s): President (1981-1989 : Reagan). White House Television Office. 1/20/1981-1/20/1989 (Most Recent) Series: Video Recordings, 1/20/1981 - 1/20/1989 Collection: Records of the White House Television Office (WHTV) (Reagan Administration), 1/20/1981 - 1/20/1989 Production Date: 5/2/1987 Access Restriction(s):Unrestricted Use Restriction(s):Unrestricted Contact(s): Ronald Reagan Library (LP-RR), 40 Presidential Drive, Simi Valley, CA 93065-0600 Phone: 800-410-8354, Fax: 805-577-4074, Email: [email protected] National Archives Identifier:77443218 #trumptradewar #donaldtrump #tariffs #never51