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After Donald Trump Claimed 'We Have No Tariffs,' Fox News Trolled Him With a List of Companies' Estimates for How Much the Tariffs Will Cost Them This Year
Ouch.
In an interview with The Wall Street Journal, President Donald Trump made the erroneous claim that "we don't have any tariffs."
Now, even Fox is calling him out for it.
The network's research team tweeted a list of complaints from American companies regarding the expenses imposed by the numerous tariffs his administration has enacted and it's clear they haven't done the companies any financial favors.
The president drew widespread criticism after the claim, especially given that he'd touted his tariffs numerous times.
Despite numerous economists saying they would reap no economic benefits for the average American, the president seemed convinced.
But to some, it was obvious the tariffs were no good.
At least one person was surprised that Fox News had been so up-front with the correction.
Another person blamed the network for its eagerness to stroke the president's ego.
Naturally, Fox News followers still defended the president in their own special way.
But the financial complaints of the manufacturers listed are more than valid.One of the companies, Harley-Davidson motorcycles, was forced to move much of its production outside of the United States for the first time after the price of product imports skyrocketed beyond financial feasibility.
And though the president ran on a platform of keeping businesses in the United States, he still seemed to brag about the Harley-Davidson's decision.
Though Harley-Davidson's sales in the United States saw a drop, the company's overall profit margin increased after the move.
The iconic American manufacturer Ford Motor Company is having to restructure as well, with Trump's tariffs reportedly costing them over a billion dollars. Widespread layoffs are expected to occur beginning early next year.
Though the president bragged about the tariffs as recently as the day before the interview, it's not exactly a surprise that he'd distance himself from them now that their effects are being felt and their popularity with Americans plummeting.
While it's clear that the tariffs aren't helping American farmers and manufacturers, Donald Trump will first have to acknowledge their existence (again) before anything can be done.