Do you use the benefits of your protectionist policy to verify millions of American homes? Donald Trump recently mentioned that initiative, whose contours are still very mysterious. “There are so much money that fits, we are thinking of a small discount” for homes, even if “what we want to do is pay the debt,” said the US president on July 25 at the White House.
Subsequently, the vocabulary changed and now prefers to speak of “dividend”: the word designates the proportion of profits donated by a company to its shareholders. “There could be a distribution or a dividend for the inhabitants of our country. I would say that for people with average or weak income,” said Donald Trump, for example. A Republican senator, Josh Hawley, hastened to prepare a bill that provides for the sending of checks for an amount of $ 600 per person: an adult or dependent child.
“Everything I want”
The US president had already sent checks to dozens of millions of Americans during his first term, in the context of firm efforts in the Covid-19 pandemic. Then, in the middle of the presidential campaign, the billionaire had insisted that the controls of $ 1,200 issued in the spring of 2020 by the Tax Administration be named after its name, unheard of in the United States for an interface.
However, the new 79 -year -old billionaire raises many questions. First, how to finance it? The public deficit of the United States has still dug between October and June, compared to the same period of the previous year, despite an increase in the income of customs tasks, including Donald Trump and all commercial partners in the United States. Make domestic checks expand this deficit and, therefore, even increase the US debt, which was established on August 4 to more than $ 36,800 billion.
So what money is exactly the president of the US president? When it evokes the benefits of its protectionist policy, Donald Trump is involved in the return of customs tariffs and investments promises made by several foreign savings.
In an interview with CNBC on Wednesday, he asked about this idea of “dividend”, the republican leader gave the example of huge investments promised by Japan and the European Union, comparing them with the premiums paid when an athlete signs a new contract. “I can (en) do what you want,” he said. Problem: foreign leaders do not have the same reading at all.
Tariff rights
The Japanese government, for example, ensures that its promise of investments will come in the form of loans and guarantees, certainly not a transfer of $ 550 billion in cash. Finally, the US president is often reproached by the democratic opposition to present the mana of customs duties. Donald Trump ensures that customs taxes are paid by foreign countries.
But many economists argue that it is US consumers who indirectly pay a good part of these customs tasks. The impermers pay customs impermers, for example, large distribution brands or factories that order spare parts abroad. These companies will pass at least part of the additional cost in the final price of the goods, especially if they operate in sectors with low margin, such as retail trade.
Source: BFM TV
