Source: CounterPunch
by Dean Baker
“Donald Trump is taking his demented dreams to a new level in his quest to take over Greenland. The man who whined over not getting a Nobel Prize and then followed Hitler propagandist Joseph Goebbels lead in accepting a prize awarded to someone else, has now decided he wants Greenland. Trump is now proposing to whack us with a $75 billion tax increase to put pressure on Denmark and the rest of the EU to give him Greenland. … Well over 90 percent of the cost of a Trump tariff is borne by consumers or importers in the United States, not by the exporting countries. When Trump starts yelling ‘tariff, tariff, tariff,’ he is yelling ‘tax, tax, tax,’ and we’re the ones paying it.” (01/21/26)