Has this economist REALLY did an analysis of what Trump's mass deportation of illegal migrants savings might BE ?

[Contumacious]

This economist said:
“Leaving aside the human issues, leaving aside the law issues, we think that would be very destructive economically,” said Adam Posen, the president of the Peterson Institute for International Economics. “I don’t think people have really understood how potentially big that effect is.”

What Trump’s Mass Deportations Would Mean for the U.S. Economy

The economic costs of such a campaign may be bigger than the president-elect has bargained for.

foreignpolicy.com

I'm 100% confident he didn't consider these FACTORS!
A) The cost to federal government for the Border Crisis by 8,424,000 illegal migrants: $150.7 Billion or 2% of Federal spending of $6.75 Trillion

Fiscal Data Explains Federal Spending

Check out @FiscalService Fiscal Data’s new federal spending page! #FederalSpending

fiscaldata.treasury.gov

https://www.congress.gov/118/meeting/house/117257/witnesses/HHRG-118-BU00-Wstate-KirchnerJ-20240508.pdf

“The federal government spent over $66 billion on illegal immigrants in 2023

CBO: Medicaid Spending on Illegal Aliens Has Cost Taxpayers over $16.2 Billion Under Open Border Czar Harris | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

B) 8,424,000 Undocumented immigrants paid in federal taxes, $59.4 billion,

Tax Payments by Undocumented Immigrants

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

itep.org

C) States and local governments pay billions of dollars each year to care for illegal immigrants, including for

• Education
  K-12 education for the children of illegal aliens costs taxpayers about $70 billion per year.
• Medical care
  States pay hospitals to provide emergency services to some unauthorized residents through a program called Emergency Medicaid. In total, states and the federal government spent $5 billion on Emergency Medicaid for noncitizen immigrants between 2017 and 2023.

States and local governments spend annually nearly $75 billion a year in education and Medical care.
So the NET effect is not spending $66 billion on illegals and reducing Federal income taxes of $59.4 billion would be an over $6 Billion savings!
AND states/local governments lower their spending by $75 billion a year!
So Mr. Economist: You say the costs will increase for goods and services because the deportation of 8,424,000 illegal workers it is possible then the Employers won't have to pay education/medical care in state/local taxes or Federal taxes.

Adam Posen is a woke socialist scumbag

Adam Posen: Woke Capitalist For Social Justice

Harvard PhD says domestic manufacturing concerns are a 'fetish' for keeping dumb white males in power

www.theamericanconservative.com

 

[healthmyths]

Adam Posen is a woke socialist scumbag

Adam Posen: Woke Capitalist For Social Justice

Harvard PhD says domestic manufacturing concerns are a 'fetish' for keeping dumb white males in power

www.theamericanconservative.com

I agree! Totally ignorant of how economics works!
Simply... American manufacturers building overseas because of lower wages, less rules regulations would see those
advantages disappear when tariffs applied of large proportions...i.e. 25 to 100%!
So consequently when they add the tariffs on to the prices, initially Americans will pay more...until the off shore businesses realize it might be totally cheaper to build in the USA!
More importantly though uninformed and biased people like Posen make the tariffs industry wide! That doesn't have to be the case. I've done searches for "can tariffs be applied only to specific businesses"... and there doesn't seem to be an answer.

 

[Moonglow]

This economist said:
“Leaving aside the human issues, leaving aside the law issues, we think that would be very destructive economically,” said Adam Posen, the president of the Peterson Institute for International Economics. “I don’t think people have really understood how potentially big that effect is.”

What Trump’s Mass Deportations Would Mean for the U.S. Economy

The economic costs of such a campaign may be bigger than the president-elect has bargained for.

foreignpolicy.com

I'm 100% confident he didn't consider these FACTORS!
A) The cost to federal government for the Border Crisis by 8,424,000 illegal migrants: $150.7 Billion or 2% of Federal spending of $6.75 Trillion

Fiscal Data Explains Federal Spending

Check out @FiscalService Fiscal Data’s new federal spending page! #FederalSpending

fiscaldata.treasury.gov

https://www.congress.gov/118/meeting/house/117257/witnesses/HHRG-118-BU00-Wstate-KirchnerJ-20240508.pdf

“The federal government spent over $66 billion on illegal immigrants in 2023

CBO: Medicaid Spending on Illegal Aliens Has Cost Taxpayers over $16.2 Billion Under Open Border Czar Harris | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

B) 8,424,000 Undocumented immigrants paid in federal taxes, $59.4 billion,

Tax Payments by Undocumented Immigrants

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

itep.org

C) States and local governments pay billions of dollars each year to care for illegal immigrants, including for

• Education
  K-12 education for the children of illegal aliens costs taxpayers about $70 billion per year.
• Medical care
  States pay hospitals to provide emergency services to some unauthorized residents through a program called Emergency Medicaid. In total, states and the federal government spent $5 billion on Emergency Medicaid for noncitizen immigrants between 2017 and 2023.

States and local governments spend annually nearly $75 billion a year in education and Medical care.
So the NET effect is not spending $66 billion on illegals and reducing Federal income taxes of $59.4 billion would be an over $6 Billion savings!
AND states/local governments lower their spending by $75 billion a year!
So Mr. Economist: You say the costs will increase for goods and services because the deportation of 8,424,000 illegal workers it is possible then the Employers won't have to pay education/medical care in state/local taxes or Federal taxes.

Who wasted their money educating you, who has the most English usage mistakes in their title as an immigrant doing ESL. After getting rid of all those dirty creations you can thank God...

 

[Moonglow]

Ah,

I agree! Totally ignorant of how economics works!
Simply... American manufacturers building overseas because of lower wages, less rules regulations would see those
advantages disappear when tariffs applied of large proportions...i.e. 25 to 100%!
So consequently when they add the tariffs on to the prices, initially Americans will pay more...until the off shore businesses realize it might be totally cheaper to build in the USA!
More importantly though uninformed and biased people like Posen make the tariffs industry wide! That doesn't have to be the case. I've done searches for "can tariffs be applied only to specific businesses"... and there doesn't seem to be an answer.

so more inflation because you hate brown folks, such economics..

 

[Delldude]

I've done searches for "can tariffs be applied only to specific businesses"... and there doesn't seem to be an answer.

Look into Trump's tarrifs, pretty sure He had selective tarrifs.

 

[Mac-7]

His mass deportation, shut border, and tariffs are going to drive the GOP into the minority in 2026 in the Congress.

Sure, just like libs told us those policies would cause trump to lose the 2024 election

 

[Contumacious]

Ah,

so more inflation because you hate brown folks, such economics..

so more bullshit because you love socialism/globalism ?

 

[boevans]

Sure, just like libs told us those policies would cause trump to lose the 2024 election

Now we watch Trump do just that.

 

[healthmyths]

Look into Trump's tarrifs, pretty sure He had selective tarrifs.

FACTS...
17.9%of total U.S. imports of $2.8 trillion were imported from China.

Loading…

www.bis.doc.gov

This would be then $501 billion imports from China by USA.
Putting a 60% on $501 billion would be a total of $300 billion on Total of $801 billion.

Trump favors huge new tariffs. How do they work?

Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports. This week, he raised the ante still higher.

www.pbs.org

In 2024, the United States is estimated to have around 133 million households.
An increase cost due to tariffs on Chinese imports would be about a $6,029 increase per household
due to a 60% Tariff on Chinese imports.

US Households Monthly Insights: Housing Vacancies and Homeownership | YCharts

In depth view into US Households including historical data from 1955 to 2024, charts and stats.

ycharts.com

Now the biggest amount of imports is The biggest Chinese import to the United States is electrical and electronic equipment In 2023, the value of this import was $126.68 billion.

United States Imports from China - 2024 Data 2025 Forecast 1991-2023 Historical

United States Imports from China was US$448.02 Billion during 2023, according to the United Nations COMTRADE database on international trade. United States Imports from China - data, historical chart and statistics - was last updated on December of 2024.

tradingeconomics.com

BUT... remember, American electrical and electronic companies could definitely compete then with the Chinese prices.
AND remember, reducing the dependency on Chinese electrical and electronic equipment is also important to our national security! Just wondering how much security issues maybe compromised by Chinese electrical & electronic equipment.
Bottom line this would definitely lower prices that Americans would be paying due to the chinese tariffs!

 

[Dragonlady]

This economist said:
“Leaving aside the human issues, leaving aside the law issues, we think that would be very destructive economically,” said Adam Posen, the president of the Peterson Institute for International Economics. “I don’t think people have really understood how potentially big that effect is.”

What Trump’s Mass Deportations Would Mean for the U.S. Economy

The economic costs of such a campaign may be bigger than the president-elect has bargained for.

foreignpolicy.com

I'm 100% confident he didn't consider these FACTORS!
A) The cost to federal government for the Border Crisis by 8,424,000 illegal migrants: $150.7 Billion or 2% of Federal spending of $6.75 Trillion

Fiscal Data Explains Federal Spending

Check out @FiscalService Fiscal Data’s new federal spending page! #FederalSpending

fiscaldata.treasury.gov

https://www.congress.gov/118/meeting/house/117257/witnesses/HHRG-118-BU00-Wstate-KirchnerJ-20240508.pdf

“The federal government spent over $66 billion on illegal immigrants in 2023

CBO: Medicaid Spending on Illegal Aliens Has Cost Taxpayers over $16.2 Billion Under Open Border Czar Harris | The U.S. House Committee on the Budget - House Budget Committee

The Official U.S. Congressional website of The Republican Budget Committee

budget.house.gov

B) 8,424,000 Undocumented immigrants paid in federal taxes, $59.4 billion,

Tax Payments by Undocumented Immigrants

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

itep.org

C) States and local governments pay billions of dollars each year to care for illegal immigrants, including for

• Education
  K-12 education for the children of illegal aliens costs taxpayers about $70 billion per year.
• Medical care
  States pay hospitals to provide emergency services to some unauthorized residents through a program called Emergency Medicaid. In total, states and the federal government spent $5 billion on Emergency Medicaid for noncitizen immigrants between 2017 and 2023.

States and local governments spend annually nearly $75 billion a year in education and Medical care.
So the NET effect is not spending $66 billion on illegals and reducing Federal income taxes of $59.4 billion would be an over $6 Billion savings!
AND states/local governments lower their spending by $75 billion a year!
So Mr. Economist: You say the costs will increase for goods and services because the deportation of 8,424,000 illegal workers it is possible then the Employers won't have to pay education/medical care in state/local taxes or Federal taxes.

You seem to be missing certain critical factors in YOUR economic assessment of the economic BENEFITS to the nation of your illegal immigration system:

• Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Most of that amount, $59.4 billion, was paid to the federal government while the remaining $37.3 billion was paid to state and local governments.
• Undocumented immigrants paid federal, state, and local taxes of $8,889 per person in 2022. In other words, for every 1 million undocumented immigrants who reside in the country, public services receive $8.9 billion in additional tax revenue.
• More than a third of the tax dollars paid by undocumented immigrants go toward payroll taxes dedicated to funding programs that these workers are barred from accessing. Undocumented immigrants paid $25.7 billion in Social Security taxes, $6.4 billion in Medicare taxes, and $1.8 billion in unemployment insurance taxes in 2022.
• At the state and local levels, slightly less than half (46 percent, or $15.1 billion) of the tax payments made by undocumented immigrants are through sales and excise taxes levied on their purchases. Most other payments are made through property taxes, such as those levied on homeowners and renters (31 percent, or $10.4 billion), or through personal and business income taxes (21 percent, or $7.0 billion).
• Six states raised more than $1 billion each in tax revenue from undocumented immigrants living within their borders. Those states are California ($8.5 billion), Texas ($4.9 billion), New York ($3.1 billion), Florida ($1.8 billion), Illinois ($1.5 billion), and New Jersey ($1.3 billion).
• In a large majority of states (40), undocumented immigrants pay higher state and local tax rates than the top 1 percent of households living within their borders.
• Income tax payments by undocumented immigrants are affected by laws that require them to pay more than otherwise similarly situated U.S. citizens. Undocumented immigrants are often barred from receiving meaningful tax credits and sometimes do not claim refunds they are owed due to lack of awareness, concern about their immigration status, or insufficient access to tax preparation assistance.

Tax Payments by Undocumented Immigrants

Undocumented immigrants paid $96.7 billion in federal, state, and local taxes in 2022. Providing access to work authorization for undocumented immigrants would increase their tax contributions both because their wages would rise and because their rates of tax compliance would increase.

itep.org

Economic Policy Institute - Bias and Credibility

LEFT-CENTER BIAS These media sources have a slight to moderate liberal bias. They often publish factual information that utilizes loaded words (wording

mediabiasfactcheck.com

 

[Dragonlady]

FACTS...
17.9%of total U.S. imports of $2.8 trillion were imported from China.

Loading…

www.bis.doc.gov

This would be then $501 billion imports from China by USA.
Putting a 60% on $501 billion would be a total of $300 billion on Total of $801 billion.

Trump favors huge new tariffs. How do they work?

Former President Donald Trump has proposed a 60% tariff on goods from China and a 20% tariff on everything else the United States imports. This week, he raised the ante still higher.

www.pbs.org

In 2024, the United States is estimated to have around 133 million households.
An increase cost due to tariffs on Chinese imports would be about a $6,029 increase per household
due to a 60% Tariff on Chinese imports.

US Households Monthly Insights: Housing Vacancies and Homeownership | YCharts

In depth view into US Households including historical data from 1955 to 2024, charts and stats.

ycharts.com

Now the biggest amount of imports is The biggest Chinese import to the United States is electrical and electronic equipment In 2023, the value of this import was $126.68 billion.

United States Imports from China - 2024 Data 2025 Forecast 1991-2023 Historical

United States Imports from China was US$448.02 Billion during 2023, according to the United Nations COMTRADE database on international trade. United States Imports from China - data, historical chart and statistics - was last updated on December of 2024.

tradingeconomics.com

BUT... remember, American electrical and electronic companies could definitely compete then with the Chinese prices.
AND remember, reducing the dependency on Chinese electrical and electronic equipment is also important to our national security! Just wondering how much security issues maybe compromised by Chinese electrical & electronic equipment.
Bottom line this would definitely lower prices that Americans would be paying due to the chinese tariffs!

And you miss the entire point. AMERICANS will blame the higher prices on Trump and his tariffs, just like they blamed Joe Biden for the pandemic inflation, even though it was worldwide.

Americans have always had the option of paying higher prices and buying American made goods, and they went for the cheap stuff. Wait until they find out how much food costs when it's not grown, harvested, processed or served to them by undocumented workers.

Walmart is the most successful retailer in America because they're the cheapest, and they've used their market dominance to push out smaller mom and pop stores who can't compete with their buying power. Their employment practices LOWERED wages across the entire retail sector. Walmart also pushed suppliers to offshore so they could cut their prices.

When clothing manufacturers off-shored their production, they didn't reduce prices, they pocketed bigger profits. The fabrics were inferior and the garments didn't last as long, but that was seen as a benefit. You had to buy more frequently. Wash, rinse and repeat for electronics and small appliances.

The bottom line is this is NOT going to reduce prices for Americans at all. And it will result in both retaliatory tariffs and boycotts of American made products.

The last time Trump tried this nonsense, your trade deficit ballooned to over a Trillion dollars, and it's still over $900 billion today. Obama reduced your trade deficit, as did Joe Biden. Trump ballooned it by over 20%, and it's nowhere near back to the level it was when Trump first took office.

For the past 4 years, your trading partners have been busy re-aligning world trade against the day Trump came back into office and started tearing up your trade deals again. There was another flurry of deals announced after the latest G20 conference just before the election - none of them involving the USA, so I'm not surprised you don't know anything about them.

NOTHING Trump did in his first 4 years was so destructive to the USA economy than his trade wars and tariffs. It set back your manufacturing recovery by 10 years, costing more than 200,000 jobs by the end of 2019.

 

[Contumacious]

In 2024, the United States is estimated to have around 133 million households.
An increase cost due to tariffs on Chinese imports would be about a $6,029 increase per household
due to a 60% Tariff on Chinese imports

Yo Vern

a tariff on Chinese imports would indicate to SMART CONSUMERS to purchase the same products from Thailand , VietNam , or other countries.

What's with the loyalty to Chinese imports ?!?!?!?!?!?!?!?!?!?

 

[healthmyths]

And you miss the entire point. AMERICANS will blame the higher prices on Trump and his tariffs, just like they blamed Joe Biden for the pandemic inflation, even though it was worldwide.

Americans have always had the option of paying higher prices and buying American made goods, and they went for the cheap stuff. Wait until they find out how much food costs when it's not grown, harvested, processed or served to them by undocumented workers.

Walmart is the most successful retailer in America because they're the cheapest, and they've used their market dominance to push out smaller mom and pop stores who can't compete with their buying power. Their employment practices LOWERED wages across the entire retail sector. Walmart also pushed suppliers to offshore so they could cut their prices.

When clothing manufacturers off-shored their production, they didn't reduce prices, they pocketed bigger profits. The fabrics were inferior and the garments didn't last as long, but that was seen as a benefit. You had to buy more frequently. Wash, rinse and repeat for electronics and small appliances.

The bottom line is this is NOT going to reduce prices for Americans at all. And it will result in both retaliatory tariffs and boycotts of American made products.

The last time Trump tried this nonsense, your trade deficit ballooned to over a Trillion dollars, and it's still over $900 billion today. Obama reduced your trade deficit, as did Joe Biden. Trump ballooned it by over 20%, and it's nowhere near back to the level it was when Trump first took office.

For the past 4 years, your trading partners have been busy re-aligning world trade against the day Trump came back into office and started tearing up your trade deals again. There was another flurry of deals announced after the latest G20 conference just before the election - none of them involving the USA, so I'm not surprised you don't know anything about them.

NOTHING Trump did in his first 4 years was so destructive to the USA economy than his trade wars and tariffs. It set back your manufacturing recovery by 10 years, costing more than 200,000 jobs by the end of 2019.

See

And you miss the entire point. AMERICANS will blame the higher prices on Trump and his tariffs, just like they blamed Joe Biden for the pandemic inflation, even though it was worldwide.

Americans have always had the option of paying higher prices and buying American made goods, and they went for the cheap stuff. Wait until they find out how much food costs when it's not grown, harvested, processed or served to them by undocumented workers.

Walmart is the most successful retailer in America because they're the cheapest, and they've used their market dominance to push out smaller mom and pop stores who can't compete with their buying power. Their employment practices LOWERED wages across the entire retail sector. Walmart also pushed suppliers to offshore so they could cut their prices.

When clothing manufacturers off-shored their production, they didn't reduce prices, they pocketed bigger profits. The fabrics were inferior and the garments didn't last as long, but that was seen as a benefit. You had to buy more frequently. Wash, rinse and repeat for electronics and small appliances.

The bottom line is this is NOT going to reduce prices for Americans at all. And it will result in both retaliatory tariffs and boycotts of American made products.

The last time Trump tried this nonsense, your trade deficit ballooned to over a Trillion dollars, and it's still over $900 billion today. Obama reduced your trade deficit, as did Joe Biden. Trump ballooned it by over 20%, and it's nowhere near back to the level it was when Trump first took office.

For the past 4 years, your trading partners have been busy re-aligning world trade against the day Trump came back into office and started tearing up your trade deals again. There was another flurry of deals announced after the latest G20 conference just before the election - none of them involving the USA, so I'm not surprised you don't know anything about them.

NOTHING Trump did in his first 4 years was so destructive to the USA economy than his trade wars and tariffs. It set back your manufacturing recovery by 10 years, costing more than 200,000 jobs by the end of 2019.

Not one shred of any substantiation! Why should anyone believe anything wrote? What are your credentials to make such u supported subjective,and personalized comments. I don’t believe a word you wrote. Totally personalized comments and unbelievable!

And you miss the entire point. AMERICANS will blame the higher prices on Trump and his tariffs, just like they blamed Joe Biden for the pandemic inflation, even though it was worldwide.

Americans have always had the option of paying higher prices and buying American made goods, and they went for the cheap stuff. Wait until they find out how much food costs when it's not grown, harvested, processed or served to them by undocumented workers.

Walmart is the most successful retailer in America because they're the cheapest, and they've used their market dominance to push out smaller mom and pop stores who can't compete with their buying power. Their employment practices LOWERED wages across the entire retail sector. Walmart also pushed suppliers to offshore so they could cut their prices.

When clothing manufacturers off-shored their production, they didn't reduce prices, they pocketed bigger profits. The fabrics were inferior and the garments didn't last as long, but that was seen as a benefit. You had to buy more frequently. Wash, rinse and repeat for electronics and small appliances.

The bottom line is this is NOT going to reduce prices for Americans at all. And it will result in both retaliatory tariffs and boycotts of American made products.

The last time Trump tried this nonsense, your trade deficit ballooned to over a Trillion dollars, and it's still over $900 billion today. Obama reduced your trade deficit, as did Joe Biden. Trump ballooned it by over 20%, and it's nowhere near back to the level it was when Trump first took office.

For the past 4 years, your trading partners have been busy re-aligning world trade against the day Trump came back into office and started tearing up your trade deals again. There was another flurry of deals announced after the latest G20 conference just before the election - none of them involving the USA, so I'm not surprised you don't know anything about them.

NOTHING Trump did in his first 4 years was so destructive to the USA economy than his trade wars and tariffs. It set back your manufacturing recovery by 10 years, costing more than 200,000 jobs by the end of 2019.

FACTS NOT guesses!

Section 301, Chinese Products​

Under the Trump administration, the United States Trade Representative began an investigation of China in August 2017, which culminated in a March 2018 report that found China was conducting unfair trade practices.

In March 2018, President Trump announced tariffs on up to $60 billion of imports from China. The administration soon published a list of about $50 billion worth of Chinese products to be subject to a new 25 percent tariff. The first tariffs began July 6, 2018, on $34 billion worth of Chinese imports, while tariffs on the remaining $16 billion went into effect August 23, 2018. These tariffs amount to a $12.5 billion tax increase.

In September 2018, the Trump administration imposed another round of Section 301 tariffs—10 percent on $200 billion worth of goods from China, amounting to a $20 billion tax increase.

In May 2019, the 10 percent tariffs increased to 25 percent, amounting to a $30 billion increase. That increase had been scheduled to take effect beginning in January 2019, but was delayed.

In August 2019, the Trump administration announced plans to impose a 10 percent tariff on approximately $300 billion worth of additional Chinese goods beginning on September 1, 2019, but soon followed with an announcement of schedule changes and certain exemptions.

In August 2019, the Trump administration decided that 4a tariffs would be 15 percent rather than the previously announced 10 percent, a $5.6 billion tax increase.

In September 2019, the Trump administration imposed “List 4a,” a 15 percent tariff on $112 billion of imports, an $11 billion tax increase. They announced plans for tariffs on the remaining $160 billion to take effect on December 15, 2019.

In December 2019, the administration reached a “Phase One” trade deal with China and agreed to postpone indefinitely the stage 4b tariffs of 15 percent on approximately $160 billion worth of goods that were scheduled to take effect December 15 and to reduce the stage 4a tariffs from 15 percent to 7.5 percent in January 2020, reducing tariff revenues by $8.4 billion.

In May 2024, the Biden administration published its required statutory review of the Section 301 tariffs, deciding to retain them and impose higher rates on $18 billion worth of goods. The new tariff rates range from 25 to 100 percent on semiconductors, steel and aluminum products, electric vehicles, batteries and battery parts, natural graphite and other critical materials, medical goods, magnets, cranes, and solar cells. Some of the tariff increases go into effect immediately, while others are scheduled for 2025 or 2026. Based on 2023 import values, the increases will add $3.6 billion in new taxes.

Section 301 tariffs on China currently account for $77 billion of the $79 billion in tariffs, based on initial import values. China has responded to the United States’ Section 301 tariffs with several rounds of tariffs on more than $106 billion worth of US goods, for an estimated tax of nearly $11.6 billion.

Tracking the Economic Impact of the Trump Tariffs

The Trump administration imposed nearly $80 billion worth of new taxes on Americans by levying tariffs on thousands of products in 2018 and 2019, amounting to one of the largest tax increases in decades. The Biden administration has kept most of the Trump administration tariffs in place

taxfoundation.org

NOTE: Biden has strongly touted "Bidenomics Is Working: The President's Plan Grows ...About 476,000 results.
So if Biden's excuse then for the above charts showing HE has cost more due to tariffs, that these are "Trump's tariffs",
because they started under Trump... JOE!!! What about this loud claim by ignorant people!!!

America Is More Energy Independent Under President Biden Than Under Trump​

FACT: America Is More Energy Independent Under President Biden Than Under Trump

CONCORD, NH — Donald Trump’s claims about America’s energy independence during his presidency are false. The truth: Under President Biden, the United States has become more energy independent than anytime since 1950 and is on track to hit a record high that would beat the production levels...

www.nhdp.org

Now Biden never understood the implications of his "guarantee" and his first act that federal lands affected oil production in the United States that accounts for approximately 11–25% of the country's total oil production, depending on the year:

2019: If federal land/waters was treated as its own country, it would have been the 11th largest daily oil producer in the world.
2021: Approximately 25% of total US oil production came from federal territory.
After Biden halted leases in 2021...
2022: Oil and gas produced from federal lands accounted for about 11% of all oil produced in the United States.
Oil and Gas Production on Federal Land Falls Far Below ...

How Much Would Expanding Federal Oil and Gas Leasing Increase Global Carbon Emissions?

This issue brief models the impacts of expanding oil and gas production on US federal lands.

www.rff.org

FACTS though show Biden signing the fewest oil leases of all modern day presidents!