Businesses brace for impact of tariffs

  Рет қаралды 58,038

ABC News

ABC News

Күн бұрын

Пікірлер: 831
@jmn1238
@jmn1238 6 сағат бұрын
1500 extra per year means we paying more taxes to help give the billionaire class more tax cuts
@DAQtrader
@DAQtrader 6 сағат бұрын
How are you computing that?
@jmn1238
@jmn1238 6 сағат бұрын
@ they said it will cost 1500 in the video??
@Chromatic145
@Chromatic145 5 сағат бұрын
Don't be bitter be better
@Spartisanhack
@Spartisanhack 5 сағат бұрын
The trade deficit is less then some billionaires make in a year.
@malachi-
@malachi- 5 сағат бұрын
If we would all just team up, we could control the whole markets and economy, to a tee.
@Unknown17886
@Unknown17886 6 сағат бұрын
77M voters are learning the hard way.
@yxon_koxk8507
@yxon_koxk8507 6 сағат бұрын
😂😂😂 say yes if you are trump supporters
@Unknown17886
@Unknown17886 6 сағат бұрын
@@yxon_koxk8507Tell them that the US is being runned by China and not the US like what it used to be in 2024.
@joseespinoza345
@joseespinoza345 6 сағат бұрын
Yes, they’re gonna learn the hard way because one if you threatened with these countries you will face the consequences
@Snickers18827
@Snickers18827 6 сағат бұрын
Nah we're gonna be better off in the long run
@NomenClature-o8s
@NomenClature-o8s 6 сағат бұрын
@@yxon_koxk8507I Notice they don’t mention that Biden continued Tariffs from the first Trump administration…
@JYDIVISN
@JYDIVISN 6 сағат бұрын
Get the "I did that" stickers ready.
@danielvalero2651
@danielvalero2651 5 сағат бұрын
Making them as we speak
@Arturo-p1g4y
@Arturo-p1g4y 3 сағат бұрын
Where were you for the last four years
@Arturo-p1g4y
@Arturo-p1g4y 3 сағат бұрын
​@@danielvalero2651fart
@danielvalero2651
@danielvalero2651 3 сағат бұрын
@@Arturo-p1g4y not getting into trade wars XD
@TrueData-f4z
@TrueData-f4z 2 сағат бұрын
​@@Arturo-p1g4yenjoying reduced prices after global inflation toned down
@gjerrildkro
@gjerrildkro 6 сағат бұрын
Trump is COVID 2.
@joeshmoe-rl7bk
@joeshmoe-rl7bk 5 сағат бұрын
...that's next....look at Kansas.......the country's biggest TB outbreak in history......strap in
@Jeff-t5c2w
@Jeff-t5c2w 4 сағат бұрын
@@joeshmoe-rl7bk Polio will be making a return as well. Time to stock up on iron lungs and leg braces.
@Ryu.Hayashi
@Ryu.Hayashi 4 сағат бұрын
@@Jeff-t5c2w how did tech make us so stupid?
@Arturo-p1g4y
@Arturo-p1g4y 3 сағат бұрын
Fart, in your face.
@singularitystudios4502
@singularitystudios4502 3 сағат бұрын
@@Jeff-t5c2w u realise we have a vaccine right?
@laurentbouillon51
@laurentbouillon51 5 сағат бұрын
As a Canadian I believe we should close the border and offer Trump no oil no electricity no critical minerals etc,. Unfortunately Americans are going to pay higher prices at the pump and groceries
@oedhelsetren
@oedhelsetren 5 сағат бұрын
I don't want the tariffs, but you Canadians need to do your research. Most of the crude oil we buy gets sold back to you as gas. As for electricity, that's a joke. The US uses over 4,000 terawatt-hours a year and only 33 terawatt-hours comes from Canada. Canada could disconnect the power to the US right this moment without warning and I don't think the lights would flicker. Fact is, withholding resources that we process in the US is only going to hurt Canadians. We aren't half as reliant on your resources as y'all are on ours.
@Jl3215TOR
@Jl3215TOR 4 сағат бұрын
@@oedhelsetrencanada has 19 refineries and can supply our entire nation. Canada also supplies America a lot of critical mineral and resources that are used for nuclear power and manufacturing.
@brucepoole8552
@brucepoole8552 4 сағат бұрын
As an American I say go for it, most of us wouldnt blame you, Canada is a great ally
@sourabh7137
@sourabh7137 3 сағат бұрын
@@oedhelsetren The US is a net importer with Canada. Now if you dont understand that statement, time for you to take an english test.
@dannyb9140
@dannyb9140 3 сағат бұрын
We have plenty of our own oil and now a leader who will drill for it. Thanks anyway.
@mysterymayhem7020
@mysterymayhem7020 6 сағат бұрын
Trump doesn't give two shits about any of us Americans. An extra $1500 per year means nothing to him just as he feels towards the rest of us. Great job to all the MAGAts who wanted him back. How goes those immediate lower prices that he promised you.
@NomenClature-o8s
@NomenClature-o8s 6 сағат бұрын
You forgot to mention that Biden continued Tariffs from the first Trump administration…
@griffgames9538
@griffgames9538 5 сағат бұрын
​@@NomenClature-o8sNo choice, those Trump tariffs had a binding clause.
@googleuser868
@googleuser868 5 сағат бұрын
Kamila had different plans to raise taxes. All overspend and run up the debt. Anyone else sick and tired of getting the bill for goods and services they don't want or need?
@rt-420
@rt-420 5 сағат бұрын
@@NomenClature-o8s Biden did end the tariffs on the steel and aluminum trade.
@NomenClature-o8s
@NomenClature-o8s 5 сағат бұрын
@@griffgames9538 You’re a liar. Stop making stuff up and writing it.
@shawnmurphy282
@shawnmurphy282 5 сағат бұрын
Alot of people posting here will be homeless by next winter.
@Chromatic145
@Chromatic145 5 сағат бұрын
why is that ? Over tomato's and avocados?
@brittanyb5942
@brittanyb5942 5 сағат бұрын
Sooner than that…
@malachi-
@malachi- 5 сағат бұрын
FEAR - FEAR - FEAR
@GK-ku3zv
@GK-ku3zv 5 сағат бұрын
@@Chromatic145 If you think that will be the only thing affected then I do not know what to tell you.
@NomenClature-o8s
@NomenClature-o8s 5 сағат бұрын
@@shawnmurphy282 Wipe the TrumpSpunk off your face. Trump won, you lost, get over yourself. 🇺🇸
@AnythingJW
@AnythingJW 6 сағат бұрын
Republicans want this
@Chromatic145
@Chromatic145 5 сағат бұрын
So you don't want the border shut down to stop fentanyl? you are messed up.
@MH_6160
@MH_6160 5 сағат бұрын
Oh well.
@_soupnazi
@_soupnazi 5 сағат бұрын
Ultimately this is all because of republicans. They brought this parasite in and did nothing when they had the chance. Now they're all cowards doing his bidding because they're afraid of getting primaried. The fact they are more worried about their jobs over the country says everything you need to know about them.
@jimcab4279
@jimcab4279 4 сағат бұрын
We do, we want our country to stop being taken advantage of by every other country in the world. Why do we always have to get the short end of the stick every single time when it comes to trade?
@sksnnsksnsnsbsbb
@sksnnsksnsnsbsbb 4 сағат бұрын
republican also want to sleep on their can the river eating dumpster food also...
@myplumdreams
@myplumdreams 4 сағат бұрын
My guess is that some businesses will increase prices on things that are not effected by the tariffs. Just like during covid, businesses will take advantage of the situation.
@endlessorbaggins8223
@endlessorbaggins8223 4 сағат бұрын
Haven't thought about that but this a very good point.
@isaakfrick4630
@isaakfrick4630 4 сағат бұрын
Unfortunately this is bound to happen
@jmorris023
@jmorris023 3 сағат бұрын
I believe you’re on to something there.
@vanpearsall
@vanpearsall 2 сағат бұрын
So true how are the consumer supposed to know?
@isaakfrick4630
@isaakfrick4630 2 сағат бұрын
@@vanpearsall increased price on goods made in the USA, even though these tariffs are only for mexico Canada and China
@MrTom-kl7hy
@MrTom-kl7hy 5 сағат бұрын
Apple, alphabet, Microsoft, and Meta combined have half a trillion dollars in cash on hand. None of them have plans to manufacture products here. They are planning on those coming tax breaks though, for takeovers, and buybacks.
@cheezybred
@cheezybred 6 сағат бұрын
So excited for red state poors to learn a valuable lesson 😅
@bigolbeardog3777
@bigolbeardog3777 6 сағат бұрын
we grow our own.
@NomenClature-o8s
@NomenClature-o8s 5 сағат бұрын
@@cheezybred Wipe the TrumpSpooge off your face. He won, Kamala lost. Get over it. 🇺🇸
@GK-ku3zv
@GK-ku3zv 5 сағат бұрын
@@bigolbeardog3777 Where? I am in a red state and is about to starve as a low income elderly that can't get but 57 dollars a month for food.
@wanderingweh405
@wanderingweh405 5 сағат бұрын
I'm in a red state and voted for Kamala the more reasonable option
@joeshmoe-rl7bk
@joeshmoe-rl7bk 5 сағат бұрын
@@GK-ku3zv Oklahoma
@rikodlc
@rikodlc 4 сағат бұрын
Chipotle will now let you pay for guac using affirm
@ratedm90
@ratedm90 3 сағат бұрын
Lmaooo
@SlushyCup10
@SlushyCup10 2 сағат бұрын
😂😂😩😩😩
@kcar8974
@kcar8974 Сағат бұрын
💀
@dailycarmodskdm3258
@dailycarmodskdm3258 Сағат бұрын
Hahaha
@tiwowo1234
@tiwowo1234 6 сағат бұрын
TRUMP PROMISED LOWERING PRICES!!USA HE JUST LIED TO YOU 😅😅😅
@2seep
@2seep 4 сағат бұрын
Oh yeah and printing money doesn’t have its consequences? 🤦🏽‍♂️. You people can’t understand the consequences of printing money. Making a self sustainable US is the only way to stop the debt.
@steveguynup5441
@steveguynup5441 3 сағат бұрын
Seems like a separate issue, although the US debt skyrocketed in Trump's first term (go look) and besides Trump promised lower prices. ​@@2seep
@samuelsanchez-uj6ui
@samuelsanchez-uj6ui 3 сағат бұрын
@@2seepwho printed money during Covid
@TyrellMcK
@TyrellMcK 3 сағат бұрын
@@2seepIt’s dumb if you don’t replace those positions first and none of you are going work on a farm. You always expect someone else to do it, especially if you have sunburn issues.
@singularitystudios4502
@singularitystudios4502 3 сағат бұрын
@@2seep in turn u become another north Korea, u realise no country in the world is fully independent in trade it makes ur sanctions useless and tariffs pointless and if the American people learn a thing or two will be begging to return to the global market, now tell me how are you going to feed over 300 million Americans by urself when ur already struggling with inflation and bird flu killing ur chooks and a more confident china who now leads the AI race while u Americans return to the stone age
@matthewsimpson1268
@matthewsimpson1268 4 сағат бұрын
Enjoy your inflation, America!
@Arturo-p1g4y
@Arturo-p1g4y 3 сағат бұрын
Where were as your sarcastic wit when we were being strangled for four years? Yeah, that's what I thought.
@TheTrueOnyxRose
@TheTrueOnyxRose 3 сағат бұрын
@@Arturo-p1g4y: Only we weren’t. But we will now.
@joeshmoe-rl7bk
@joeshmoe-rl7bk 5 сағат бұрын
...I thought the plan was to make America great again.....
@zain371
@zain371 5 сағат бұрын
u will be great immigrants land stealing thief’s like your ancestors again
@LanceVannorsdel
@LanceVannorsdel 4 сағат бұрын
I believe America is great because of our diversity, rule of law, and we help those less fortunate anywhere in the world.
@UKGameShock
@UKGameShock 4 сағат бұрын
It is great. The greatest joke of any country right now. The world is laughing.
@papafrank1301
@papafrank1301 3 сағат бұрын
@@LanceVannorsdelyou are not helping less fortunate anywhere in the world anymore. you are an isolationist country. china is going to fill that soft power gap now.
@KK-pm7ud
@KK-pm7ud Сағат бұрын
That's what's happening
@Lizzbird_
@Lizzbird_ 4 сағат бұрын
It’s gonna be a lot more than a $3K price increase for cars, wait until the dealerships do insane markups
@vanpearsall
@vanpearsall 2 сағат бұрын
Yep they’re already figuring out their profit
@gayluinstra1396
@gayluinstra1396 Сағат бұрын
Wait until nobody buys anything.
@p88fx
@p88fx 6 сағат бұрын
Trump said he's going to bring down the prices, apparently its a lie once again lol...
@Chromatic145
@Chromatic145 5 сағат бұрын
You don't care
@MH_6160
@MH_6160 5 сағат бұрын
As long as he is deporting people left and right, I could care less what groceries cost… I can afford another 50-75% hike on top of the 50-75% hike over the last 4 years.
@Cristian-sk6wi
@Cristian-sk6wi 5 сағат бұрын
@@MH_6160 wth lol what a sheep
@malachi-
@malachi- 5 сағат бұрын
Gotta do the hard stuff, first.
@GK-ku3zv
@GK-ku3zv 5 сағат бұрын
@@MH_6160 That is good for you however everybody is not in your income bracket.
@XxXenosxX
@XxXenosxX 4 сағат бұрын
I hope this affects those who voted for him the most.
@jimcab4279
@jimcab4279 3 сағат бұрын
I know, we should just lie down and continue getting the short end of the stick with every single country that we trade with. What's the problem with getting the short end of the stick with every single country that you trade with anyway?
@Arturo-p1g4y
@Arturo-p1g4y 3 сағат бұрын
Where was your brave voice during the last four years as Biden was strangling the economy? Shut up.
@zpacoli
@zpacoli 2 сағат бұрын
​@@jimcab4279 It is the disadvantage the US will always have if you want the dollar to remain a dominant global currency. It's too bad you can't have both, so choose one. US currency domination is also taking financial advantage of the rest of the world, so you better mention this too.
@saiyakaio2742
@saiyakaio2742 54 минут бұрын
Rip buying a new car. The car market was just lowering its huge price jump due to covid, just for it to go up again because of this
@sdotg
@sdotg Сағат бұрын
How the U.S. and the world economy is being manage by a man who file for bankruptcy six times for every business he had, including a casino is wild…
@growlinbear
@growlinbear 6 сағат бұрын
Remember the majority of Americans voted for this ! Live with it !
@INF1NI73
@INF1NI73 6 сағат бұрын
In the 2024 U.S. presidential election, there was no majority vote result in terms of the popular vote. Trump, won with 312 electoral votes, surpassing the required 270 to win. However, in the popular vote, Trump received 49.8% (77,296,195 votes), while Harris, received 48.3% (75,004,726 votes).
@Chromatic145
@Chromatic145 5 сағат бұрын
Quit knee jerking over nothing
@nicob2063
@nicob2063 5 сағат бұрын
You realize that his presidency lasts only 4 years. Live with it is the dumbest comment I have read.
@oedhelsetren
@oedhelsetren 5 сағат бұрын
Trump got the majority of the vote, but between people who didn't vote and democrats, the majority of the country does not support Trump.
@joroll26
@joroll26 4 сағат бұрын
@nicob2063 Tell me you didn’t study history without telling me that you didn’t study history.
@WantokMann
@WantokMann 4 сағат бұрын
All his supporters who complained about egg prices need to explain to everyone else this rise in prices
@Arturo-p1g4y
@Arturo-p1g4y 3 сағат бұрын
Shut up
@ChuckGonzalez-v6f
@ChuckGonzalez-v6f 6 сағат бұрын
I'm going to stock up on toilet paper, Twinkies, spam, and chips. 😊 I'm ready for the apocalypse..
@INF1NI73
@INF1NI73 6 сағат бұрын
It goes far beyond consumer goods. Reign in your orange Mussolini.
@guybeingaguy
@guybeingaguy 5 сағат бұрын
I will pray for your bunghole 🙏
@malachi-
@malachi- 5 сағат бұрын
And weed.
@timdisbro6838
@timdisbro6838 5 сағат бұрын
And tin foil helmets painted blue of course
@everythingisfine9988
@everythingisfine9988 4 сағат бұрын
You better stock pile Pepto-Bismol based on that diet
@ajcasablanca4702
@ajcasablanca4702 5 сағат бұрын
I told everyone “y’all are gonna miss Biden when he leaves”
@joeshmoe-rl7bk
@joeshmoe-rl7bk 5 сағат бұрын
...which has proven to not be true...he's why we're here in this mess now
@midgie1166
@midgie1166 4 сағат бұрын
I don't
@2seep
@2seep 4 сағат бұрын
🤦🏽‍♂️ who will miss money printing? Biden devaluated the dollar by 18%. Why do you think the economy is so bad?
@wanabe014
@wanabe014 3 сағат бұрын
Trump voters would want their wallet and family suffer. Damn, ego can and Idiocracy can fck you up really bad.
@jerrylives2278
@jerrylives2278 Сағат бұрын
@@joeshmoe-rl7bk by that logic, Trump inherited Obamas economy..according to wikipedia's page about it, there was a "128-month (10.7-year) economic expansion that began in June 2009 abruptly ended at a peak in February 2020, with the U.S. entering a recession due to the COVID-19 pandemic" You dont remember how the world almost completely shut down? Supply chain issues...then prices never went down..corporate greed is the culprit..agreeing that Biden could have done more
@ratedm90
@ratedm90 3 сағат бұрын
Damn I voted for him. But f that guy. My parents already struggle with groceries.
@ColinSushiboy-lz4rg
@ColinSushiboy-lz4rg 3 сағат бұрын
Trump didn't come up with tariffs and all this crap. Basically following orders just like Biden did with COVID. No matter who they put in office they have to agree with more taxes, pandemic restrictions,wars, tariffs etc.
@deathvalleydemon41
@deathvalleydemon41 3 сағат бұрын
@@ColinSushiboy-lz4rgno one ever said he came up with it…just the way it’s being used is detrimental to everyone else…but go head keep drinking the kool aid.
@ColinSushiboy-lz4rg
@ColinSushiboy-lz4rg 2 сағат бұрын
@@deathvalleydemon41 It's not the Kool aid. I'm in Canada and Trudeau is just a puppet also. All these politicians are puppets
@OhHiConcequences
@OhHiConcequences Сағат бұрын
He said he was going to do this before you voted for him. It pays to pay attention.
@envisionelectronics
@envisionelectronics Сағат бұрын
FAFO I guess? 😂
@GK-ku3zv
@GK-ku3zv 5 сағат бұрын
I already can't afford to eat. Fifteen days out of the mouth I eat if I am lucky. Meantime I may have buttered bread and a cup of coffee or tea.
@GK-ku3zv
@GK-ku3zv 4 сағат бұрын
@ That is what I do in the beginning of the month. You can only eat so many cans of corn and green beeens before getting sick from the sight of it. Once I pay the bills that are essential I have very little left. Food stamps is so small that coupons are better. Food banks do not take care of the nutritional needs of the elderly. I just muddle along and look toward what blessing I do have in life. I am creative and working on something that could make a difference. Thanks for your suggestion though. God bless you! It is appreciated.
@9902624504
@9902624504 4 сағат бұрын
@@GK-ku3zvthis makes me sad. All the best to you.
@2seep
@2seep 4 сағат бұрын
You can thank bidens money printing for that. It’s what happens when you devaluate the dollar by 18%
@PeacefulNature888
@PeacefulNature888 4 сағат бұрын
I don't know where you live but if you live in a place that has a senior center you can call them and ask for meals on wheels delivered to you. I hope the best for you!
@Rose-db5dg
@Rose-db5dg 3 сағат бұрын
I pray God blesses you will an abundance of food and that you never go to bed hungry.
@smarteveryday1606
@smarteveryday1606 3 сағат бұрын
Remember once price increased becomes new normal, never going back. Good luck.
@PMA-G
@PMA-G 4 сағат бұрын
The GOP raised our prices. Full stop. A year of campaigning on low prices-nope. Just fascism and billionaires socialism
@jimcab4279
@jimcab4279 3 сағат бұрын
That's what they said when they shipped all our factories and jobs overseas. They told us if we did that then we could get all our stuff for real cheap, and people like you cheered it on and not realizing that we'd need real cheap stuff because we just sent all our middle class jobs overseas and now we have barely any money to buy stuff. That worked great huh? Now instead of one person in house working, you need two. Real smart
@Arturo-p1g4y
@Arturo-p1g4y 3 сағат бұрын
Where was your ire during the last four years, hypocrite?
@KK-pm7ud
@KK-pm7ud Сағат бұрын
It's not fascism. And why don't you wait until the end of the term before scorecarding.
@brittanyb5942
@brittanyb5942 5 сағат бұрын
It’s going to be very bad! The real depression is about to began and many will starve bc most have forgotten how to grow food themselves.
@GK-ku3zv
@GK-ku3zv 5 сағат бұрын
I haven't forgotten and I will help anybody that needs to know. What you save from gardening you can use the money on other much needed items.
@cypressbutane4575
@cypressbutane4575 5 сағат бұрын
@@GK-ku3zv ah yes I will start growing corn on my lawn
@gregorymalchuk272
@gregorymalchuk272 5 сағат бұрын
​@@cypressbutane4575You can grow dent corn (cow corn) and use it to make flour, corn bread, and soup.
@cypressbutane4575
@cypressbutane4575 5 сағат бұрын
@@gregorymalchuk272 or I could buy it at the store if the President wasn't a dipsh1t
@cypressbutane4575
@cypressbutane4575 3 сағат бұрын
@ if it's 'only the strong survive' why is Elon Musk suing people for NOT advertising on X? These people in charge are the people who can't hack it and resort to force to make anyone comply, because their products and ideas are garbage.
@cherrybomb1229
@cherrybomb1229 2 сағат бұрын
Giving more tax breaks for billionaires. American consumers will pay😂😂😂
@KK-pm7ud
@KK-pm7ud Сағат бұрын
What a stupid take
@RiDankulous
@RiDankulous 4 сағат бұрын
Trumpflation!!!😂
@RaúlDíaz-p6e
@RaúlDíaz-p6e 4 сағат бұрын
That is a good one, register it for copyrights😊.
@FBAMacBlast
@FBAMacBlast Сағат бұрын
Buy American products. Problem solved
@justinphan2984
@justinphan2984 9 минут бұрын
It doesn’t solve the problems. The farmer will take advantage and raise local products price, if there will be still not enough local products, then prices will go either further that means even more inflation
@TheTrueOnyxRose
@TheTrueOnyxRose 3 сағат бұрын
Pack your bags Americans. You’re next. I warned you. You didn’t think it would happen. But you know…American Exceptionalism….
@LEARNINGCHORDS
@LEARNINGCHORDS Сағат бұрын
i live in the USA but I fully support canada and Mexico. trump will fail as he always does
@douggrisack5916
@douggrisack5916 4 сағат бұрын
Electricity costs will be instantly increased.
@lingth
@lingth 5 сағат бұрын
One thing for sure, prices for Guacamole and Mexican foods stalls in USA are going to raise prices..
@Arturo-p1g4y
@Arturo-p1g4y 3 сағат бұрын
No one cares, Margaret.
@Mary-r1l6e
@Mary-r1l6e 3 сағат бұрын
Do you know there are avocado farms in the US?
@vanpearsall
@vanpearsall 2 сағат бұрын
A good reason to say goodbye to Mexico
@Naya_TheDoll
@Naya_TheDoll 2 сағат бұрын
⁠@@Mary-r1l6e90% of avocados come from Mexico dummy do your research.
@Multiply94
@Multiply94 Сағат бұрын
​@@Mary-r1l6e Do you think those American farms produce enough to supply the whole country? I don't think so lol... Even if they can, I am very certain the price will go up.
@dnshable
@dnshable 4 сағат бұрын
The govt pockets the extra dollars.
@hoppynaki
@hoppynaki 4 сағат бұрын
Exactly.
@paulz6491
@paulz6491 4 сағат бұрын
And then passes the extra dollars to his billionaire friends in the form of another tax cut (no tax cut for the middle class just the super wealthy).
@2seep
@2seep 4 сағат бұрын
⁠@@paulz6491since when are tax cuts giving money? 🤦🏽‍♂️.
@edwardadams7408
@edwardadams7408 Сағат бұрын
Things must be getting really bad, A local restaurant today advertising their daily special left over from yesterday.
@pommard91
@pommard91 Сағат бұрын
How are we so unintelligent? ...........O I see the rich get richer!!!!
@tbolton6156
@tbolton6156 4 сағат бұрын
Trump is bad karma for America! 🪦🪦
@muskyvictim
@muskyvictim Сағат бұрын
😂😂" I don't care about you I just want your vote"😂😂
@fadmap9676
@fadmap9676 6 сағат бұрын
Fact of the matter is, businesses can handle a 20% tarrif. They already generate billions in annual profits, their ceos are getting multiple multiple million dollar bonuses.... but the companies don't want to pay the tarrifs, even tho it's pocket change to them. So they're gonna be greedy and pass thst on to the consumer which they shouldn't do but because this is capitalism, they will bcz their board members and their investors need those million dollar returns and bonuses for Christmas.
@tomtom-m9p
@tomtom-m9p 5 сағат бұрын
Another fact is that Trump did this. No one else.
@tomtom-m9p
@tomtom-m9p 5 сағат бұрын
Another fact is that Trump did this. No one else.
@tomtom-m9p
@tomtom-m9p 5 сағат бұрын
Another fact is that Trump did this. No one else.
@tomtom-m9p
@tomtom-m9p 5 сағат бұрын
Another fact is that Trump did this. No one else.
@gregorymalchuk272
@gregorymalchuk272 5 сағат бұрын
Unless there are massive structural tax changes to the entire US economy, the money won't be deducted from shareholder value, it will simply be passed on to consumers.
@ParagonFragrances
@ParagonFragrances 4 сағат бұрын
"Businesses brace for impact of tariffs" should say "Businesses continue to increase profits from new tariffs."
@malachi-
@malachi- 5 сағат бұрын
$1500 per year extra? No, $0 per year, because those will be scratched off the list... companies still profiting while charging us more, and then cry to us, when they are hurting.
@SandAndSalt1
@SandAndSalt1 5 сағат бұрын
How you gonna avoid buying gas?
@malachi-
@malachi- 5 сағат бұрын
@@SandAndSalt1 We are going to be drilling.
@Pajer100
@Pajer100 5 сағат бұрын
⁠@@malachi-oh yeah you just turn that on overnight.
@gregorymalchuk272
@gregorymalchuk272 5 сағат бұрын
​@@malachi-US drilling costs are higher than Canadian tar sands and higher than world averages. No amount of drilling can fix this. We reached peak cheap oil in 1998 at $1.98 per gallon in 2024 dollars.
@SandAndSalt1
@SandAndSalt1 5 сағат бұрын
@@malachi- you would require billions of dollars of upgrades to your refineries which are built to handle Canadian crude oil. The type of oil in the us is different, can’t be processed currently. It’s a cute idea, but you’ll have sky high gas prices for many years before that system is up and running
@frtls
@frtls 3 сағат бұрын
So when do the Trump "I did that!" stickers show up?
@ariels8538
@ariels8538 5 сағат бұрын
The issue is price didn’t come back to pre-tariff level after the tariff was ended. I suspect it would be the same this time.
@vanpearsall
@vanpearsall 2 сағат бұрын
Yep, too many companies got used to the profit gain
@jackwong93
@jackwong93 3 сағат бұрын
Chipotle finna be fine dining
@HerAeolianHarp
@HerAeolianHarp 5 сағат бұрын
The red hat hatred rabid, stupid, plurality screwed things up for everyone, and Elon screwed things behind the scenes. Wretched times. Wretched.
@aa-ky2gp
@aa-ky2gp 5 сағат бұрын
What a fuckin crybaby. Get a grip 😅😅😅
@nasserrahimi2195
@nasserrahimi2195 3 сағат бұрын
There’s a coworker who works with me at a home improvement store and he said he voted for Trump because he believes Trump will put more money in our pockets, I look forward to see him when he ends up paying more for everything from no on😅
@hob0cheese
@hob0cheese 5 сағат бұрын
Time to panic buy and stock up on toilet paper! 😁🤣
@dianalizarazo1819
@dianalizarazo1819 Сағат бұрын
The only ones I feel sorry for is the ones that did not vote for the disgusting Trump.
@MartinLopez-r2x2g
@MartinLopez-r2x2g 2 сағат бұрын
If you didn't learn in ECON101, you learned it by your own money in the real life
@Yasinburak1992
@Yasinburak1992 4 сағат бұрын
We delivery drivers are gonna hit us the hardest…
@linslins4860
@linslins4860 6 сағат бұрын
Sad to see westerners need to go through this difficult time, which should have been cooperation with neighbors.
@Chromatic145
@Chromatic145 5 сағат бұрын
too bad Canada and Mexico didn't want to control their borders.
@malachi-
@malachi- 5 сағат бұрын
That's the problem, that means we give more... done being the saviors of the world.
@Californiadreaming92651
@Californiadreaming92651 5 сағат бұрын
@@malachi- How are we giving more? You know nothing about international relations. Between these tariffs with our allies (Canada and Mexico) plus his threats to take Greenland, who do you think most of the world is going to support? It’s not the US. Cheetolini is FAFO with the rest of the world.
@whiskeygamesnerdstuff789
@whiskeygamesnerdstuff789 6 сағат бұрын
Made a basic video using Monopoly money about how Tariffs are a Tax, Companies Not Countries Pay The Tariff Tax, That TAX is often passed along to the consumer. So many people responded not true no it won’t. How long until that changes to blame the "other" rather that admitting this hurts America far more than it helps.
@scyllasmite4819
@scyllasmite4819 5 сағат бұрын
its easy , we can just say it was biden or DEI fault. dodging like an expert
@malachi-
@malachi- 5 сағат бұрын
Just don't buy those products, doesn't hurt at all.
@christinahamlin2381
@christinahamlin2381 5 сағат бұрын
Yet people voted for this. Lol 😂
@MileHighReefer
@MileHighReefer 3 сағат бұрын
GET YOUR POPCORN 🍿 READY ! 😂
@dstarrII8442
@dstarrII8442 5 сағат бұрын
Lol well I hope you didn't vote for Trump because you wanted things to be cheaper!
@RobynHood1021
@RobynHood1021 3 сағат бұрын
Well that is the problem isnt it ?the consumer pays the higher cost when in fact the business should bear the burden of it ..but that is the problem in this type of economy greedy business and greedy land owners always get to have their cake and eat it too
@adrianteapila1
@adrianteapila1 4 сағат бұрын
Trump: im cutting food price Also trump: IM DOUBLE FOOD PRICE
@caseclosed9342
@caseclosed9342 Сағат бұрын
Are these companies price gouging according the same “experts”…
@BlackCat-rm2wv
@BlackCat-rm2wv 3 сағат бұрын
So much for the promise to lower grocery prices. I'm sure Trump is going to still blame the liberals and Biden for that too. Even though he's causing it.
@JojoLannister
@JojoLannister Сағат бұрын
How is it Canada or Mexico’s fault that the US has a deficit? That’s like you owning a restaurant, getting mad your neighbor only spends $10 on food, but you drop $1,000 at their grocery store. 😅
@divineboi97
@divineboi97 4 сағат бұрын
Dont buy out of fear , and watch what happens , Learn about supply and demand
@midgie1166
@midgie1166 4 сағат бұрын
Love your comment!
@Mrcrazyguy303
@Mrcrazyguy303 34 минут бұрын
I hate that they have to explain tariffs for the umpteenth time because there’s some people in this country that still don’t know how they work.
@zevil89
@zevil89 2 сағат бұрын
I guess this is one way to break up NATO. Xi and Putin laughing
@ahanna4396
@ahanna4396 Сағат бұрын
I remember when restaurant stop buying tomatoes or passed on the extra costs to the shoppers.
@rollsroycenetwork1221
@rollsroycenetwork1221 4 сағат бұрын
Has anyone seen the markets? Crypto and futures taking a beating. Who even voted for this nonsense? ….
@12villages
@12villages 2 сағат бұрын
The age old question of 2025: Who paid the tariff first? 1) The importers or 2) The consumers
@Myspicyonion
@Myspicyonion Сағат бұрын
Guess I need to order kids school clothes for next year now!
@de6212
@de6212 2 сағат бұрын
Canada actually increased their border enforcement spending. So, we essentially have no reason to suddenly impose tariffs on them. Remember that when you're paying more at the pump
@brianh6821
@brianh6821 25 минут бұрын
That's the thing though, it's not about the border, Trump just use that as an excuse or alibi, the real reason is his obsession with the trade deficit and money grab. There's no real issue with the Canadian borders as it has always been tight.
@jimcab4279
@jimcab4279 4 сағат бұрын
I'm confused; everyone here claims that tariffs are bad because they're just a tax that's passed on to the consumer. So, if that's the case then why would Canada retaliate against the US tariffs by taxing their own citizens? And why would they need to retaliate because America is taxing their own citizens in the first place?
@misterfunnybones
@misterfunnybones 4 сағат бұрын
Counter tariffs are being applied to USA manufactured products that can easily be replaced with non us product. Canadian whiskey vs Kentucky. French's ketchup vs Heinz. Canadian wine vs California.
@jimcab4279
@jimcab4279 4 сағат бұрын
@@misterfunnybones lol, so Canadian tariffs are not a tax a Canadian citizens but American tariffs "are" a tax on American citizens. Sure whatever you say
@jimcab4279
@jimcab4279 4 сағат бұрын
@@misterfunnybones Right and we can replace Canadian products with non Canadian products. Works both ways except Canada exports a lot more to the US than the US exports to canada so it will hurt canada a lot more
@endlessorbaggins8223
@endlessorbaggins8223 4 сағат бұрын
Tarrifs have also the effect of reducing demand. Canada has selected goods that we don't need that much. For example american Whiskey or ornage juice, if we put a tarrif on them, they cost Canadian more which in turn buy less which in the end can hurt american sellers. Bu, yeah retalation with tarrifs also hurt the country imposing them. But, on the other hand we cannot stand there arm crossed. That is why selecting tarrifs on things that hurt more the opponent than yourself can be a strategy.
@misterfunnybones
@misterfunnybones 4 сағат бұрын
@@jimcab4279 The USA uses inputs from raw materials from Canada to manufacture goods. Trump's tariffs are not targeted or specific. Do some basic research & read Stephen Miran's paper.
@KCC22211
@KCC22211 5 сағат бұрын
And Trump thank you all for your taxes..
@edpeterson2293
@edpeterson2293 4 сағат бұрын
ABC...not one word on why America needs these tariffs.
@EduardoOliveira-e8c
@EduardoOliveira-e8c 6 сағат бұрын
Eggs still are expensive ! Maggots are my new meal .
@pedrofan34
@pedrofan34 6 сағат бұрын
Egg prices right now have nothing to do with the economy or tariffs. It’s all bird flu
@LunazulBaraka
@LunazulBaraka 2 сағат бұрын
STOP THE CONSUMERS OF THE DRUGS!!!!!!
@breeramsey899
@breeramsey899 Сағат бұрын
You voted for this 🤦‍♂️
@hungson215
@hungson215 4 сағат бұрын
It's not like Mexico is the only country that grows avocados. There will be a disruption, but the supply chain will adjust itself. There's no such thing as 25% price increase in the US. If I'm in the business of selling avocados, I'm not that stupid to increase 25% and let the competitors switch to different suppliers and sell it cheaper
@MoaazMunir
@MoaazMunir 3 сағат бұрын
These effects are gonna be felt globally!
@jeffreydahmersribshack9570
@jeffreydahmersribshack9570 Сағат бұрын
Hope the GOP cuts social security too so Americans can "feel some more pain."
@Jay-is2jy
@Jay-is2jy 4 сағат бұрын
Trump did that!!
@justanopinion7029
@justanopinion7029 Минут бұрын
Well you wanted him in now you got him on 3 years and 11 more months to go to kick him out again..Enjoy
@Foxfried
@Foxfried 5 сағат бұрын
Not 1 mention of products made in the USA are not tariffed 😉
@endlessorbaggins8223
@endlessorbaggins8223 4 сағат бұрын
Yes, but that change not much that your oranges ar not tarrifed.The core of the topic is how much more you will pay for things not made in USA. Their is alot of things USA do not make, don't have enough or that would take years to implement. Like if you stop lumber import from Canada to compensate for the loss you need to have an industry in place that can produce all you need. Same with petrol. But, there is things you don't have like some minerals. New York state have to rely on Canada energy... otherwise you would have to revert back and construct nuclear power plants.
@pahanin2480
@pahanin2480 5 сағат бұрын
Tariffs will work exactly as designed
@cypressbutane4575
@cypressbutane4575 5 сағат бұрын
How are they designed to work?
@Jay-nq2jl
@Jay-nq2jl 5 сағат бұрын
You need an economics lesson
@danielvalero2651
@danielvalero2651 5 сағат бұрын
@@Jay-nq2jl60% of your crude oil comes from Canada
@Jay-nq2jl
@Jay-nq2jl 5 сағат бұрын
@@danielvalero2651at a discount..refined and sold At a profit…how is that bad for the US?
@Jl3215TOR
@Jl3215TOR 4 сағат бұрын
It will work as intended. Increase prices for the consumer. As long as you don’t buy anything it won’t cost you thing
@emilyhubbard9978
@emilyhubbard9978 4 сағат бұрын
NO TAXATION WITHOUT REPRESENTATION
@saiyakaio2742
@saiyakaio2742 51 минут бұрын
The 77 Million people who voted for this are the representation. Enjoy the inflation
@James-w5m3d
@James-w5m3d 4 сағат бұрын
The FBI should investigate futures transactions of Trumps son in law to verify whether insider trading information has been passed from the White House.
@Jeff-t5c2w
@Jeff-t5c2w 4 сағат бұрын
That's why Trump is gutting the FBI. Terrorists will have a great time without anyone to stop them.
@chrisliauw4437
@chrisliauw4437 6 сағат бұрын
Tax tax tax tax tax
@jeffsmith7369
@jeffsmith7369 3 сағат бұрын
Businesses should make sure they setup signs saying price increases due to Trump tax.
@requiem5179
@requiem5179 5 сағат бұрын
I dont think everyone understands that we were destined to collapse regardless. At this point no one and/or anyone behind the wheel doesn't matter when we are free falling off the cliff. Enjoy the ride down.
@jakecantin2165
@jakecantin2165 4 сағат бұрын
Lets wait and see what happens
@midgie1166
@midgie1166 4 сағат бұрын
It's all we can do
@teamginger9134
@teamginger9134 4 сағат бұрын
Why did Biden keep the tariffs imposed by Trump in his first term?
@davidtaylor857
@davidtaylor857 3 сағат бұрын
Are you really that dumb? 😊
@nephesh-y3e
@nephesh-y3e 4 сағат бұрын
Mexico GDP: $2.4 trillion Canada GDP: $2.1 trillion America GDP: $24.8 trillion America does not need Canada and Mexico, but they need America.
@Jl3215TOR
@Jl3215TOR 3 сағат бұрын
Exactly look at the difference in GDP. How do expect countries with 10% of your GDP to spend as much as you.
@ryanwalters6184
@ryanwalters6184 5 сағат бұрын
Buy Americans!👍
@2eight997
@2eight997 5 сағат бұрын
But Americans don’t pick the fruit, Trump is deporting the ones that do. And I doubt Tom and Jill can handle that type of work lol
@Deshbhaktt09
@Deshbhaktt09 5 сағат бұрын
Recycle ♻️ washroom products for your home 🏠
@popeyesailorman911
@popeyesailorman911 2 сағат бұрын
Affects Restaurants the most
@Myspicyonion
@Myspicyonion Сағат бұрын
Our gas is at $5 already whats another twenty cents
@phonevidz
@phonevidz 2 сағат бұрын
Could cost....yall complaining about the extra 10 cents you will pay. Majority of the people are not importing goods from them so you wont see it anyway.
@SandDuneProperties
@SandDuneProperties 5 сағат бұрын
I am HAPPY to pay more for national security!!!
@awee5816
@awee5816 Сағат бұрын
Make Trump 🍊 Rich Again... Not you though
@WhittFarms
@WhittFarms 4 сағат бұрын
BUY LOCALLY SOURCED FOOD WTF OH NO I CANT GET MY AVOCADO FOR AS CHEAP AS BEFORE... PEOPLE WHINE OVER ANYTHING
@runnernh
@runnernh 4 сағат бұрын
To find cause and fault, you're going to have to step back and take a massive macro look at what really drives society. The answer may seem elusive.
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