Donald Trump's undergraduate economic education didn't teach him very much

Trumpzi alert! MIDDLE CLASS UNDER ATTACK

The Trump trade war with China is reckless economic policy, run amok

An echo opinion letter published in the Kentucky newspaper the Lexington Herald Leader

Donald Trump's conservative war on the middle class continues.

Trumpzi has violated the Constitution to unilaterally impose tariffs, which are a massive sales tax on U.S. middle-class consumers.  Trump wrongly claimed the tariffs would lessen the trade deficit. Ha! Instead the tariffs have increased the trade deficit to an all-time high. The counter-tariffs by other countries are hurting bourbon export sales from Kentucky. 

Rather than imposing a tariff, China decided to just stop buying U.S. soybeans so U.S. soybean farmers are slowly going bankrupt.

Trump keeps claiming that the United States is collecting billions of dollars from China due to the tariffs. Despite his undergraduate degree in real estate economics he does not grasp the simple fact that tariffs are paid by the importer, not the exporter. 

China has not paid one cent due to the tariffs. 

It has all been paid by U.S. importers who in turn raise their prices to U.S. consumers. American middle-class citizens are the ones paying for the tariffs. The same citizens who got nothing from the Trump/ McConnell/ Ryan tax cuts for the rich.

Kevin Kline, Lexington Kentucky