When Republicans discuss Fox News personalities who they perceive as being “against” Donald Trump, they normally point to Shepherd Smith or Chris Wallace. Neil Cavuto, though, who works for sister channel, Fox Business, has also been more than willing to criticize the President when is comes to economic matters.
The host of Cavuto Live, recently took exception to Trump’s comments on the impact of his China tariffs. Cavuto blasted the President, claiming he “didn’t know where to begin,” before tearing into Trump’s explanation.
On Friday afternoon, the President told reporters, “Remember this, our country is taking in billions and billions of dollars from China. We never took in 10 cents from China. And out of that many billions of dollars, we’re taking a part of it and giving it to the farmers because they’ve been targeted by China. The farmers, they come out totally whole.”
Cavuto debunked Trump by saying, “But just to be clarifying, China isn’t paying these tariffs. You are. You know, indirectly and sometimes directly. It’s passed along to you through American distributors and their counterparts in the United States that buy this stuff from the Chinese and then have to pay these surcharges. Not the Chinese government or China in particular.”
The Fox Business host again hammered home his point. “Be that as it may, this latest round of tariffs that kick in on September 1, on $300 billion worth of goods at 10%, that will most directly be felt by consumers directly,” Cavuto said. “Because that happens on almost entirely consumer items rather than industrial-related items, but just wanted to clarify that. Our governments don’t pay these things, you do, one way or another.”
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Todd Neikirk is a New Jersey-based politics and technology writer. His work has been featured in psfk.com, foxsports.com, and PoliticusUSA. An avid pet lover, he has been known to contribute to Pet Lifestyles Magazine. He enjoys sports, politics, technology, and spending time at the shore with his family.