President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s legislature approving a trade deal with the United States reached last summer.
“South Korea’s Legislature is not living up to its Deal with the United States,” Trump said in a Truth Social post.
Will it last more than a day like his other tariffs didn’t?
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It’s only supposed to last long enough to tank stocks so the insiders can buy the dip and then he’ll say “after much consideration, we reached an agreement” and everyone in his circles will buy another yacht.
See, tariffs do help some people. Just not the ones that need help.