Trumps New Deal Triples Taxes On Americans 

History Lesson on Tariffs and Taxes, Boston Tea Party.

Trump is proudly touting a new deal that will have Americans shelling out three times the amount in taxes for British products. How exciting! Who doesn’t love paying more for the same stuff they bought last year?

According to Trump’s trusty chart, this new trade agreement with the United Kingdom will rake in a whopping $6 billion in “external revenue” – a fancy term for the extra cash U.S. Customs will be collecting from American importers. The cherry on top? A nice, round 10% tax rate on nearly all goods, which is three times higher than what we were previously paying for goods from across the pond. Thanks, Trump!

Economist Justin Wolfers from the University of Michigan is absolutely ecstatic about this new tariff, describing it as “ridiculously high”! Tariffs are taxes, plain and simple, and their impact cannot be underestimated.

But fear not, dear consumers! Our beloved importers will graciously pass along these added taxes in the form of higher prices, ensuring that we get to enjoy the full benefits of this new deal. It’s like a gift that keeps on giving – straight from our wallets to the government’s coffers.

And let’s not forget Trump’s impressive grasp of how tariffs work. Who needs a history lesson on the Boston Tea Party when we have a president who thinks he can single-handedly impose taxes on incoming goods? Congress? Who needs ’em! The real heroes here are the spineless Republicans who are too busy cowering in the shadows to stand up for us hardworking Americans.

So here’s to Trump and his brilliant new deal – may our wallets be forever empty and our British goods forever overpriced. Cheers!