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Bernie Rayna @BernieRayna on x XXX followers
Created: 2025-07-28 01:49:07 UTC
$700B tariffs a year?
Do the math. U.S. imports ≈ $4T.
You’d need XX% avg tariffs—double today’s rate.
But higher tariffs shrink trade, cutting revenue.
Even optimistic models project $2–3T over XX years, not $7T.
Tariffs aren’t free money—they’re a hidden tax.
A nation doesn’t grow rich by taxing what it doesn’t make. Real wealth is made where steel is poured and wages are paid, not by a government skimming the dockyards like a fence taking his cut of stolen goods.
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