Trump has consistently claimed that exporters, those countries who are “ripping us off,” are paying the tariffs. However, the actual data tell a different story.
Far from earning living wages, most U.S. workers have experienced wage stagnation since the 1970s--a trend largely obscured by political rhetoric and misinformation.
Armağan Gezici is an associate professor of economics at Keene State College and is co-editor of the 18th edition of the Dollars & Sense textbook Real World Globalization.