Import tariffs are collected by U.S. Customs and Border Protection agents at ports of entry and are paid for by American businesses. Importers pass on the cost of the tariffs to consumers through higher prices so it is essentially a public taxation. The Treasury Department gets to spend the money collected from US tariffs, and currently Trump is stirring a major conflict within the Treasury Department through Elon Musk.
Trump also attacked Fed Chairman Jerome Powell last week, saying he should be fired immediately, instead of being replaced at the end of his term, which can’t come soon enough, etc. CNN has reported that Trump is considering former Fed governor and crypto startup investor Kevin Warsh to be Fed chairman once Powell’s term ends in May 2026.
In whatever manner Trump decides to use import tariff proceeds, it is to be at his discretion, as Trump has usurped the Congressional power to tax & spend. That is an overlooked aspect to Trump’s tariff strategy. No one asks Trump the obvious question, “What are you going to do with the tariff money?”
Politically speaking, Hitler & Trump are historical equivalents and both are compulsive gamblers who go all in. Crypto is how to read Trump’s next move. Now we’re beginning to seeing proof in the corporate media. Since I published my Trump-crypto theory last week here & here, the bourgeois press (for the first time) has taken up the issue. For example, the New York Times featured an Op/Ed the weekend titled: “What Trump Is Doing With Crypto Should Worry Us All.”
“Crypto crooks congregate & conspire in the White House” was published on my site on March 7, 2025, where I outlined Trump-crypto. In a surprise & rambling opening announcement to that meeting, Trump touted a sponsorship deal with FIFA for World Cup 2026 to be played across North America and apparently crypto will be the product. As with all Trump schemes, details were sketchy, but why else would FIFA be at Trump’s White House crypto summit? FIFA is a powerful international organization, so them partnering with Trump on crypto was serious news, yet no one in the bourgeois press analyzed or discussed it.
Since then bourgeois economists, business executives, etc, have been confounded & bewildered by Trump’s policy moves. Big business needs to be able to read Trump, which is why my Trump-crypto theory is now gaining popular traction– in a diluted form & without me being mentioned– of course. It takes a Marxist to figure it out, which is what they hate.
Trump is clearly addicted to crypto, which is driving his policy decisions. Crypto is extremely unpopular with the public, as I estimate ~95% of Americans believe it to be a Ponzi scheme– which it is. Just review readers’ comments on any mainstream soft-soap crypto article and you will see the popular disdain for bitcoin/crypto. Businesses & consumers paying more for goods so Trump can convert his crypto into cash via tariffs deposited into the US Treasury is an explosive revelation. That’s why it is kept secret in the media & the White House.
Marxists are materialists so we judge Trump and his fascist cabal by what they do, not what they say to the press, because that’s all lies. Since I struck upon this Trump-crypto theory long ago, I haven’t seen one political action from him & his cronies that contradicts the premise. Everything Trump does & tweets reinforces his crypto criminality which he hides.
Sunday afternoon post-script: I’m watching the first weekend of the NBA playoffs on ABC while being bombarded by crypto propaganda. For instance, the LA Lakers & Clippers play in Crypto.com Arena. The crypto app Robinhood is displayed on the Memphis Grizzlies jerseys. Coinbase is running commercials claiming it is the “future of money.” These companies were under SEC investigation & faced prosecution for their criminal activities only a few months ago. Now that Trump is President again, they’re all running ads to promote their new found legitimacy.
……………<><><><><><><><>…………..