Geraldo Rivera: "The family did visit Japan... we did not see a single American car on the road in Tokyo — not a Caddy, not a Buick, not a Ford, not a Chevy... I have an innate sense that there's something unfair going on... if they are screwing us, we got to tax them." pic.twitter.com/awkaHEQaVS
— Rapid Response 47 (@RapidResponse47) April 3, 2025
The positive comes in the form of Rivera's qualification with "if." He argues "if these numbers are correct, so if some fraction of them, you know, if the trend is, if there is not an essential lie being told here, and if we are getting screwed by these foreign producers, then.... "
What are the odds that a chart blessed by Donald Trump will have an underlying accuracy? Donald Trump? Really? As with most of the President's assertions, the dishonesty should be treated with something well beyond skepticism. Journalist and The Guardian financial editor Nils Pratley explains
.... analysts noted the simplistic- or plain perverse- formula behind the administration's tariff arithmetic. It seems to have taken a country's trade deficit in goods with US, divided it by its exports to the US and called the resulting number a trade barrier that deserves a "reciprocal" US tariff. The underlying logic, it would appear, is that every country should always have a perfect trade balance with the US- never mind the impossibility of achieving that outcome, and never mind that the tariffs don't affect trade in services.
Also, Geraldo Rivera: not an economist. "If they are screwing us, we got to tax them." However, tariffs are federal taxes,, set by Congress, as aa "percentage of the price a buyer pays a foreign seller." They are "applied to goods at the border" and are collected by customs and Border Protection agents at the 328 ports of entry across the USA. We are not taxing them; the US government is taxing domestic buyers, which are then inclined to pass most of the additional cost on to consumers.
"Screwing us?" Yes, someone is screwing us. But the screwing is being done by the guy who at a Cabinet meeting said the country is "bloated, fat, and disgusting" and is taking his revenge upon that country and the people, immigrants or otherwise, within it. The call is not coming from foreign countries. The call is coming from inside the house.