How Trump's Tariffs Will Hurt You

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Leeja Miller

Leeja Miller

Күн бұрын

🗞️ Go to ground.news/leeja to stay fully informed on US Politics and more. Subscribe through my link for 50% off for unlimited access on the Vantage plan. | After the election, Google searches for What Is A Tariff shot up. So let's talk about tariffs. Are Trump's new tariffs going to bring back the manufacturing jobs he says they will? And how much is this gonna cost me?! From appliances to laptops to shoes to avocados, this is how Trump's tariffs will hurt your wallet and potentially your livelihood.
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Пікірлер: 2 100
@LeejaMiller
@LeejaMiller 2 ай бұрын
🗞 Go to ground.news/leeja to stay fully informed on US Politics and more. Subscribe through my link for 50% off for unlimited access on the Vantage plan.
@osmosisjones4912
@osmosisjones4912 2 ай бұрын
History of the car is example trickle down ecomics
@osmosisjones4912
@osmosisjones4912 2 ай бұрын
We can lower cost of food by growing our own food
@concerncitizen-mo4si
@concerncitizen-mo4si 2 ай бұрын
Has Trump lost his freaking mind? Get Trump out of office by file articles of impeachment against Trump ASAP.
@osmosisjones4912
@osmosisjones4912 2 ай бұрын
So the problem is minimum . Lower wages.
@davea6314
@davea6314 2 ай бұрын
When sh*t hits the fan under Don the Con Trump, don't blame me because I voted for Kamala Harris in Illinois.
@wirelesmike73
@wirelesmike73 2 ай бұрын
I heard someone today suddenly realize, in real time, that the increase in prices of goods across the board will also increase the amount of sales tax that will be paid on all of those goods. So, it's a double tax, primarily on the poor.
@kidoctane
@kidoctane 2 ай бұрын
Wait !!! It gets better....... When inflation rises - the Fed may need to raise interest rates to quell that inflation !! That's monetary policy 101
@peachy_lili
@peachy_lili 2 ай бұрын
corporations are basically going to triple-dip on a society that has no ice cream left lmao
@benjaminhigham3624
@benjaminhigham3624 2 ай бұрын
@@peachy_lililike yes the economy is messed up for the average American but how do people think empowering billionaires will fix it?
@markg.7865
@markg.7865 2 ай бұрын
All while MAGA cheers it on.
@GrantTravels23
@GrantTravels23 2 ай бұрын
​@@peachy_liliice cream 🍦 man got fired from the white House anyway
@kenashworth7672
@kenashworth7672 2 ай бұрын
There was a spike in google searches for "what is a tariff" *after* the election was over. Lovely.
@peachxtaehyung
@peachxtaehyung 2 ай бұрын
It could've been people who didn't vote for trump
@julesdalli9716
@julesdalli9716 2 ай бұрын
Another W for the American education system.
@sonofra889
@sonofra889 2 ай бұрын
@@peachxtaehyung The searches were tracked to not just states, but communities where he won. Make of that what you will.
@peachxtaehyung
@peachxtaehyung 2 ай бұрын
@sonofra889 well you may be right but I as well as several of my leftist friends are in communities he won and as soon as he made that post on truth social we ran to google asking what a tariff is
@sonofra889
@sonofra889 2 ай бұрын
@@peachxtaehyung OK, I see what you're saying.
@sagaevan9641
@sagaevan9641 2 ай бұрын
my coworker who voted for him didn't misunderstand his tariff policies- because she couldn't name a single policy in the first place. most people simply voted off of vibes.
@mercce6750
@mercce6750 2 ай бұрын
The media circus is really just more circus than media and this is the prime example.
@alyssalowkey9818
@alyssalowkey9818 2 ай бұрын
Which is crazy people even aligned with his vibes. Pure hatred. Insane so many people didn't appreciate kamala's kindness, motivation, positivity.
@bettymccorkle788
@bettymccorkle788 2 ай бұрын
I voted on policy.
@uvnart-ws1dp
@uvnart-ws1dp 2 ай бұрын
How ironic that this is the exactly the same thing people say about Kamala's voters that they vote on feelings too. I guess at the end of the they americans are sheeps and puppets that cant think for themselves
@razrv3lc
@razrv3lc 2 ай бұрын
@@bettymccorkle788such as?
@CasualFox12495
@CasualFox12495 2 ай бұрын
We also have to account for the fact that companies are already raising their prices just in preparation for the tariffs *just because tariffs are mentioned as an option at all*.
@BadAtNames0017
@BadAtNames0017 2 ай бұрын
EXACTLY NO ONE IS TALKING ABOUT THIS!!!!
@kenashworth7672
@kenashworth7672 2 ай бұрын
I'm afraid to say I think MAGA will need to feel the sting pretty bad before there is a fundamental shift. For fuck's sake, some troglodyte says, "Your body, my choice," and humans get behind that?
@bewareofsasquatch
@bewareofsasquatch 2 ай бұрын
That and to gradual go up so it’s not a huge jump. Trump supporters are going to think it’s Biden 🤦🏽
@spongeintheshoe
@spongeintheshoe 2 ай бұрын
And they won't lower them back down even if those tariffs don't actually happen. They'll just quietly leave them raised.
@ryanwilliams7407
@ryanwilliams7407 2 ай бұрын
@@bewareofsasquatchhow did Trump inherit Obama economy, but not Bidens?
@Amberabove
@Amberabove 2 ай бұрын
Tariffs will increase costs of finished goods and components used throughout US manufacturing. This will be an immediate and huge hike in inflation. To fight inflation the Fed will have to hike interest rates which will be wonderful for the billionaires but possibly take away the middle class. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..
@Jakepattison42
@Jakepattison42 2 ай бұрын
The U.S. economy relies on ongoing credit and debt generation for sustenance. The Federal Reserve is expected to increase the money supply, leading to further debt accumulation for the average American. So how exactly can we guard against the coming financial reset Like what are really the best strategies to make our portfolio recession proof against the incoming financial reset? I'm very worried about my $310k stock portfolio.
@wmwoods-l4f
@wmwoods-l4f 2 ай бұрын
@@Jakepattison42 Safest approach i feel to tackle it is to diversify investments. By spreading investments across different asset classes, like bonds, real estate, and international stocks, they can reduce the impact of a market meltdown
@Aarrenrhonda3
@Aarrenrhonda3 2 ай бұрын
Accurate asset allocation is crucial with an Experts guidance. I have 850k in equity, 75 cash earning 5.25 interest, 685k in Roth IRA, 220k in 401k, Gold and silver bars. age is 48. My advisor helped me realign my portfolio to my risk tolerance and it boomed shortly.
@SteveEstrada-js9nu
@SteveEstrada-js9nu 2 ай бұрын
Can you share details of your advisor? I want to invest my increased cash flow in stocks and alternative assets to achieve financial goals.
@Aarrenrhonda3
@Aarrenrhonda3 2 ай бұрын
Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
@jackbauer6543
@jackbauer6543 2 ай бұрын
Play stupid games win stupid prizes. It just sucks that those of us who didn't play stupid games are still stuck with the stupid prizes.
@asagoldsmith3328
@asagoldsmith3328 2 ай бұрын
"I love democracy" -Darth Sidious
@eddyparker10
@eddyparker10 2 ай бұрын
So that woman who got a 20M Debt during campaign wouldve been a better fit than Trump??? 😅😅 I would have voted for her but all her endorsements were Celebrities!!?? Cardi B!!?? JLo!??? 😅😅😅😅
@jackbauer6543
@jackbauer6543 2 ай бұрын
@@eddyparker10 Yes because she's not a convicted felon with ties to a fascist organization intent on overthrowing the government.
@ColorMatching
@ColorMatching 2 ай бұрын
​@@eddyparker10Yes, she would've been a better pick.
@DeezSnowflakesAreInsane
@DeezSnowflakesAreInsane 2 ай бұрын
​@eddyparker10 yep, it would be better than the man who sexualized his daughter during a interview 😅😂
@shadowthehedgehog181
@shadowthehedgehog181 2 ай бұрын
All those gamer bros who wanted to "own the libs" will start crying when their PS5 Pro starts to cost $1000, along with graphics cards costing even more
@Eyclonus
@Eyclonus 2 ай бұрын
Temu, Wish, and the junk stores on Amazon will suddenly be a lot less conveniently priced
@blobymcblobface
@blobymcblobface 2 ай бұрын
​@@catpoke9557 have you considered a steam deck? I can't afford a PC and I love my deck, it runs Linux and functions as a desktop if you need it to...
@mikethompson5935
@mikethompson5935 2 ай бұрын
​@@catpoke9557 right? As soon as my graphics card starts showing its age and I'm considering an upgrade, 45 comes in promising to make them at least 10% more expensive lol. Real gamers (not Gamers^TM) who don't just want to "own the woke crowd" understand this.
@mercce6750
@mercce6750 2 ай бұрын
As a gamer, we don't claim em'.
@bentramer682
@bentramer682 2 ай бұрын
I wanted to break into making films and possibly making film related videos on a real KZbin channel. But now I'm thinking about brushing all that off because I know that's gonna get more expensive and less worth the time and money.
@daveed3791
@daveed3791 2 ай бұрын
SMH, people spend hours in their day scrolling thru their social media feeds and can't spend 5 seconds saying "Hey google, what's a tariff and who pays for it?"
@HPkobold
@HPkobold 2 ай бұрын
People are extremely lazy, and self isolated.
@GolemRising
@GolemRising 2 ай бұрын
Intellectual laziness is one of the key features of conservatism both at home and abroad. They know they are wrong. They know they are being lied to. They know that their feelings matter more than facts to them. They do not want this to be confirmed at any and all costs, because then they would have to grapple with the uncomfortable feelings of knowing for certain that they were wrong, and probably bad people to boot. So they avoid real information and verifiable facts like the plague. They are such coddled snowflakes that reality literally hurts them.
@servomoore
@servomoore 2 ай бұрын
Yeah, there was a clip that was circulated pretty widely in the Nevertrump/DeSantis crowd where Trump just flat out lied about how tariffs work. Wish I'd saved it, that should be as famous as the "Read my lips, no new taxes" sound byte.
@Zachary_Sweis
@Zachary_Sweis 2 ай бұрын
Here's the problem; Even if they do that, they won't believe it. It'll make Trump look bad, and they'll immediately dismissed it as "fake news". Don't ask me how I know that.
@fraser7211
@fraser7211 2 ай бұрын
Seriously screw them!!! They are what’s wrong with the USA. As a Canadian I’m furious about this shit. We have our own problems internally sure but this affects us almost as much as you.
@Oniongerbil_6730
@Oniongerbil_6730 2 ай бұрын
Love how I had to explain to people. How tarrifs actually really work. Some just sit there with a look of shock on their face. The education system has failed in teaching us these things.
@Eyclonus
@Eyclonus 2 ай бұрын
19% illiteracy rate among highschool students. No Child Left Behind and the currently most popular model for teaching kids how to read are to blame
@Bigfish1day
@Bigfish1day 2 ай бұрын
Politicians like stupid people 🤣🤣🤣
@KutluMizrak
@KutluMizrak 2 ай бұрын
No. Educational system did exactly what it was designed to. Create ignorant fanatics for capitalism. Enjoy, Americans. That is what late stage capitalism looks like. Pretty soon, south Koreans will be looking at you and be glad they are not you.
@hellsbells5389
@hellsbells5389 2 ай бұрын
Sameee
@sugoruyo
@sugoruyo 2 ай бұрын
@@Eyclonus not h/s students, h/s graduates.
@adenansu
@adenansu 2 ай бұрын
are we going to have stickers of Trump pointing at these prices, saying 'I did that!'?
@Hvision0000
@Hvision0000 2 ай бұрын
please
@adeadphish7931
@adeadphish7931 2 ай бұрын
People are already printing them
@ursomajor5607
@ursomajor5607 2 ай бұрын
I’m gonna need some of those
@ryanwilliams7407
@ryanwilliams7407 2 ай бұрын
They’re gonna be used like his mugshot t-shirt. Supports and opposers alike
@Nopee906
@Nopee906 2 ай бұрын
​@ryanwilliams7407 .... but also, can we use his mugshot for these stickers? Idc. I'm in TN and I was seeing the Biden stickers every which way I turned. Now the Highland Rim Project is building a "community" 20 minutes from me. So over Trump and everything that came from him.
@Floodsye
@Floodsye 2 ай бұрын
The threats of violence, deportations, tariffs crashing the economy, etc. worry me greatly. However, I think the most profoundly disturbing factor of American society today is encapsulated within that Google trend for "what is a tariff?" AFTER an election. I've grown up in America, went to school here, grew up in the first generation of the Internet, etc. Something is different than before. Many people, even non-Trumpers, seem to celebrate stupidity, being uninformed, and anti-intellectualism. It's honestly difficult to discuss anything within an American context even briefly as I used to with people in a online chat or thread since there's a palpable move by many to not only ignore factual evidence, but actively fight against it as a matter of pride. It has become normalized to be ignorant and I find that the most fear inducing. Even non-political topics, such as gaming (I play an ungodly amount of games), quickly devolve into a race to the bottom of the intellectual totem pole, with the loudest and dumbest voice being respected and those offering factual evidence, measured critiques, and proper context are excised from the conversation. It's getting harder and harder to speak with anyone on any topic in an American majority environment without having anti-intellectual sentiment creep into the conversation and destroy any semblance of a intelligent discussion. And the average person in America...seems to be more and more accepting of such an environment, whisking away deep discussion on a topic in favor of ignorantly smiling and nodding along to loudest voice in the room.
@XyThree
@XyThree 2 ай бұрын
This is, unfortunately, very true. People don’t even use punctuation anymore. My friends laugh because they know how much I hate poor grammar and/or LACK/DISREGARD of proper sentence structure. I’ve had so many people tell me how it’s not that serious but I now understand, it’s simply because they can’t do any better. Unable to distinguish between there and their. Know and no. Adults. I’M TALKING ABOUT ADULTS!!!! And they say I’M THE ONE “doing too much” 😒. We are so “cooked” as a nation 😩
@MisterZimbabwe
@MisterZimbabwe 2 ай бұрын
​@@XyThreeok, those specific examples make me angry at the stupid loosely goosey way English conducts itself as a language more so than I am enraged at your cohorts for apparently being the Yamcha of brainpower.
@jenniferstone2975
@jenniferstone2975 2 ай бұрын
Very well said. You’ve captured the poisoned social media environment and addictive cycle of behavior perfectly. We are in a truly dark place.
@N17C1
@N17C1 2 ай бұрын
In times of anxiety, societies tend to turn to the loudest and most aggressive leader because they think that will provide their best protection. Even rational people will tend to give in to anxiety and side with someone who they think can protect them even if it harms them in some way.
@ErutaniaRose
@ErutaniaRose 2 ай бұрын
So true. And I feel outright cruelty used as boundaries is also heading this charge, but also a separate issue as well. The utter lack of self reflection is costly, especially to those harmed by the emotionally immature.
@infidelcastro5129
@infidelcastro5129 2 ай бұрын
The very same thing happened here in the UK once we’d voted to leave the EU. The most popular google search in the FOLLOWING (not preceding) days was “What does brexit mean?” We effed about and have spent eight years (and counting) finding out.
@notreallyhere67
@notreallyhere67 2 ай бұрын
I was about to write the same thing lmao
@sugoruyo
@sugoruyo 2 ай бұрын
I also remember Nigel on the telly, doing the rounds touting WTO terms and immediately after people were searching "WTO terms". Incidentally, a lot of that revolves around tariffs as well. In the UK-EU case, lack of a trade deal would mean that neither side could impose favourable tariffs on the other (WTO most favoured nation principle applies here) and, in some cases, the tariffs imposed by the EU on UK goods would range between 100-200% unless the EU decided to unilaterally lower them for the whole world. Same applies to trading standards controls, without a trade deal EU couldn't import UK goods without applying the same stringent checks to them as the goods it imports from non-trade-partners, further eroding UK exports to them. This pattern of a severe lack of understanding of basic economics, finance and international trade is frequently exploited by populists that promise people measures that sound good but would be disastrous in their effects if applied in the real world. The venture then becomes a play for time to keep the fantasy alive in the minds of voters for long enough for the politicians to pillage what they can while hoodwinked voters are rubbing their eyes or, in the case of fascists after long term power, for them to completely kneecap the institutions and mechanisms by which they could be fought back.
@kc4276
@kc4276 2 ай бұрын
Like father, like son.
@Violchen
@Violchen Ай бұрын
​@@kc4276 hahaha
@michaelwade9555
@michaelwade9555 2 ай бұрын
These stupid people who voted for Trump are about to get a real dose of reality. Thanks, Leeja for these videos
@AlexReynard
@AlexReynard 2 ай бұрын
How about this: if we were wrong about tarriffs, will you guys admit you were wrong about calling everyone you don't like racists and sexists? Will you admit you were wrong that biological sex isn't a social construct?
@paulestrada2770
@paulestrada2770 2 ай бұрын
@@AlexReynard what does that have to do with the tariff issue? Most voters who voted for Trump are racists and bigoted people
@michaelwade9555
@michaelwade9555 2 ай бұрын
@@AlexReynard what?
@cairox1509
@cairox1509 2 ай бұрын
@@AlexReynard Nah
@Rafonia
@Rafonia 2 ай бұрын
Oh my god??? 😭 Nobody ever said anything about "biological sex" being a social construct! The social construct in question is a deeper discourse, it doesn't involve biological sex. And we often call out racist and sexist people for their actions, the same way we call out everything that is wrong with society 🙄@@AlexReynard
@sethrice4074
@sethrice4074 2 ай бұрын
The sad part is that none of this will matter to his supporters. They will still say that they would vote for him until the end of time.
@asagoldsmith3328
@asagoldsmith3328 2 ай бұрын
Because they are convinced largely by wedge issues of religion and fear mongering over identity politics
@ProgrammistMusic
@ProgrammistMusic 2 ай бұрын
@@asagoldsmith3328 yes, people following a cult don't care about facts.
@optillian4182
@optillian4182 2 ай бұрын
They will find some way to blame it on the Democrats.
@alexhatfield4448
@alexhatfield4448 2 ай бұрын
Its either him or the party who doesn't know what a woman is. It was a clear choice.
@FC_mania
@FC_mania 2 ай бұрын
@@alexhatfield4448 so it’s either massive tariffs, price hikes, financial inequality, further racial divide and prejudice, dismantling several federal programs, targeting journalists and protestors, dissolving the department of education, firing hundreds of thousands of servicemen and government employees, appointing incompetent tv personalities to run the country, OR discussing trans people sometimes. Glad to see where your priorities lie, you utter waste of human excrement.
@JosephFerguson-bi1ul
@JosephFerguson-bi1ul 2 ай бұрын
We are still suffering because of Nixon and Robert Bork. It is called the Heritage Foundation.
@JosephFerguson-bi1ul
@JosephFerguson-bi1ul 2 ай бұрын
@ My Republican Grandpa was right about the United States. Before he died in 1957, he said that in the United States, white is right, brown stick around, and black get back. Jim Crow and the Supreme Court always end up in bed together. Dredd Scott versus Sandford was the ultimate plan of the Heritage Foundation.
@CarlGerhardt1
@CarlGerhardt1 2 ай бұрын
No, it was Nixon taking us off the gold standard that was the real long-term disaster.
@ninaconnolly6077
@ninaconnolly6077 2 ай бұрын
Don't forget Ronald F-ing Reagan.
@dbarker7794
@dbarker7794 2 ай бұрын
​@@ninaconnolly6077yes. Reagan was so much worse than Nixon.
@JosephFerguson-bi1ul
@JosephFerguson-bi1ul 2 ай бұрын
@ Sure! I would love to speak with you! We are on the edge of the real imperial Presidency!!
@TheOneandOnlyD-R-E
@TheOneandOnlyD-R-E 2 ай бұрын
It's so embarrassing that,"What's a tariff?" has been so highly googled since Nov 5. It's a testament to our broken education system. 😢
@peachy_lili
@peachy_lili 2 ай бұрын
and now Trump has gotten millions to sell my state a bunch of blasphemy-adjacent Bibles for textbooks so it's just gonna get better! ♡
@bentramer682
@bentramer682 2 ай бұрын
It also infuriates me that people believed Trump knew what he was doing because he "knows the economy because he's a businessman" and didn't look at anything Kamala Harris was talking about because "nobody knew her" it just proves our mainstream media is trying to keep everyone apathetic enough to never pay attention to politics. It was right there, guys. Trump lied again, and you believed it again.
@katerrinah5442
@katerrinah5442 2 ай бұрын
It reminds me of 2016 when people were googling "is the ACA and obamacare the same thing". The amount of deja vu I'm experiancing with this election shouldn't be happening. People just didn't learn.
@OmniphonProductions
@OmniphonProductions 2 ай бұрын
Willfully broken by the very party that is now trying to abolish the Department of Education and, "Send it back to the states, so parent have more control over what their children learn." It doesn't matter that those parents don't meet federal _or_ state standards to _be_ educators. By God, they're gonna tell the _actual_ professionals how to do their jobs because they don't want their kids indoctrinated...except as pertains to their parents' historically and scientifically inaccurate, religious beliefs.
@suzyinstitches273
@suzyinstitches273 2 ай бұрын
Not just the education system. The fact that half the country gets their information from liars is a failure in so many ways. Now we all suffer
@adeadphish7931
@adeadphish7931 2 ай бұрын
As both an enthusiast of video games and technology and someone else who works in the games industry, these tariff proposals have had me scared shirtless for both my hobby and my job and make me all the more resentful to people who thought this would fix the economy...
@emmanuelpiscicelli6232
@emmanuelpiscicelli6232 2 ай бұрын
If you're old enough to vote you should already know what a god damn tariff is.
@katemendoza7131
@katemendoza7131 2 ай бұрын
High school kids know better than the adults. They just took US History.
@notreallyhere67
@notreallyhere67 2 ай бұрын
Do they no longer teach economics in schools?
@petermcgill1315
@petermcgill1315 2 ай бұрын
@@notreallyhere67booted out for Bible Studies…
@randomtinypotatocried
@randomtinypotatocried 2 ай бұрын
@@notreallyhere67it was mentioned in US history when I was in school
@notreallyhere67
@notreallyhere67 2 ай бұрын
@@randomtinypotatocried same goes for me. I’m just wondering WTF happened with the education system lately…
@shadowldrago
@shadowldrago 2 ай бұрын
"Are Trump's new tariffs going to bring back the manufacturing jobs he says they will?" the man has, among other things, bankrupted *3 casinos.* I wouldn't be able to bankrupt ONE if I tried. He's not qualified to lead a parade, much less the US.
@whataboutdamendough
@whataboutdamendough 2 ай бұрын
These so called economists said that trump will crash the stock market but it went to all time highs lol
@j0j0dartiste21
@j0j0dartiste21 2 ай бұрын
Bubbles tend to swell below they blow ​@@whataboutdamendough
@unoriginal2552
@unoriginal2552 2 ай бұрын
Trump likely isn't qualified enough to use a microwave.
@arandomlemon6707
@arandomlemon6707 2 ай бұрын
​​@@whataboutdamendough you read as a chat bot in all 40+ of your comments especially considering how your account was made a year ago when a ton of bots went online, at least be entertaining
@riceburner4747
@riceburner4747 2 ай бұрын
It's Republicans who ENCOURAGED NAFTA & Bill Clinton backed them. I know, I wrote in Ross Perot BECAUSE he said we would hear a "LARGE SUCKING SOUND". And we did, lost manufacturing jobs.
@merrytunes8697
@merrytunes8697 2 ай бұрын
No surprise that many voted against their own best interests. Many believe they will somehow be unscathed by the stressed economy. Very disturbing.
@maxmikester8185
@maxmikester8185 2 ай бұрын
They are uneducated and follow him like a cult. No surprise.
@kingepostle
@kingepostle 2 ай бұрын
Yeah, many voted for Kamala knowing this was against their best interest. It's really sad to see liberals thinking that Kamala was anything else other than bad.
@shutupimstilltalking
@shutupimstilltalking 2 ай бұрын
It's because poor people don't vote
@améliehester6996
@améliehester6996 2 ай бұрын
@@kingepostle She was too conservative. I agree. Liberals couldn't see that, but we did.
@maxmikester8185
@maxmikester8185 2 ай бұрын
@@kingepostle So it’s good interest to vote for the man who only cares for the wealthy elite and make people pay more? I’m sorry what? Damn we got brainwashed folk from Fox News here now.
@BadAtNames0017
@BadAtNames0017 2 ай бұрын
MAGA: Everything will be less expensive under Trump! Taxes were less, etc! Trump: Raise the tariffs! Companies: *already raising prices* *teaching their employees what a tariff actually is* *economists predicting hell* MAGA: Tariffs are great!
@N17C1
@N17C1 2 ай бұрын
Oh - and if history repeats itself, the trade war will spill over into a shooting war...
@omotayosatuyi252
@omotayosatuyi252 2 ай бұрын
You can't really get through these people
@MajorPrice-y7j
@MajorPrice-y7j 2 ай бұрын
Here’s the thing that might blow your mind….things were less expensive under Trump
@omotayosatuyi252
@omotayosatuyi252 2 ай бұрын
@ Not with the tariffs they , tariffs make things more expensive
@MajorPrice-y7j
@MajorPrice-y7j 2 ай бұрын
@@omotayosatuyi252 was still less expensive with his tariffs the last time..
@NipseyStruggle-mm1ks
@NipseyStruggle-mm1ks 2 ай бұрын
At this point it is not right versus left or rich versus poor. It is educated versus uneducated and selfish versus unselfish.
@XJYNCT
@XJYNCT 2 ай бұрын
The fact that the United States was established because of the 3% tariff on tea by the British Monarchy, only for 250 years later, citizens vote for a man who is throwing the threat of tariffs around like candy, is the definition of irony 😂
@thebowandbullet
@thebowandbullet 2 ай бұрын
No single country can be fully self-sufficient. You can choose to find that disappointing or realize what an opportunity this is for peace, profits and collaboration. The latter are obviously lost on Trump and his supporters, along with so many other basic concepts.
@spongeintheshoe
@spongeintheshoe 2 ай бұрын
You can even do both.
@dillon4060
@dillon4060 2 ай бұрын
The profits all go to the corporations and wealthy elite. The workers get screwed.
@ErutaniaRose
@ErutaniaRose 2 ай бұрын
They forget logic and are blinded by nationalism and bigotry.
@Fabio-ew3sh
@Fabio-ew3sh 2 ай бұрын
One word RUSSIA. Remember those sanctions? Best thing ever. Thriving like never before.
@soulknife20
@soulknife20 2 ай бұрын
​@@Fabio-ew3shWrong
@PhilAndLin
@PhilAndLin 2 ай бұрын
Millions ignored the facts that were but a click away. That's why ignore is the root word of ignorance.
@moussiagilda
@moussiagilda 2 ай бұрын
Absolutely true. Brilliant.
@LuciTerra666
@LuciTerra666 2 ай бұрын
Their algorithm had them clicking elsewhere.
@jakeleidholm5128
@jakeleidholm5128 2 ай бұрын
Liberals aren’t great at facts either. For instance, men are on average stronger than females…. That’s science and even Neil degrass Tyson can’t acknowledge that. So it goes both ways.
@themajesticspider-man6116
@themajesticspider-man6116 2 ай бұрын
I still cant believe people (especially the ones who voted for him already) decided to look up tariffs after the election. like, f*ck me dude....
@bewareofsasquatch
@bewareofsasquatch 2 ай бұрын
For real he has been saying it for years. He did tariffs when he was president
@antonyduhamel1166
@antonyduhamel1166 2 ай бұрын
Be glad they looked it up at all. We were never going to convince them not to vote for Trump, but maybe, going forward, they'll convince THEMSELVES not to vote for MAGA.
@thebitterpill9649
@thebitterpill9649 2 ай бұрын
@@catpoke9557 You seriously didn't know what a tariff was before he was elected? We learned what a tariff is in school.
@b3thamphetamine
@b3thamphetamine 2 ай бұрын
@@catpoke9557 It infuriates me that your vote counts the same as mine.
@tmpqtyutmpqty4733
@tmpqtyutmpqty4733 2 ай бұрын
I'm still at the fact he got elected after breaking into the capitol hill. It feels like a Twilight zone episode of the civil war where the south wins.
@raveun2thejoy
@raveun2thejoy 2 ай бұрын
"Everything was less expensive when Trump was in office" Trump: *_25% sales tax on everything_*
@bjarkiengelsson
@bjarkiengelsson 2 ай бұрын
It's almost as if republicans collectively suffer from amnesia.
@whataboutdamendough
@whataboutdamendough 2 ай бұрын
Everything was less expensive
@bjarkiengelsson
@bjarkiengelsson 2 ай бұрын
@whataboutdamendough Looks like you suffer from amnesia. 🤡
@dipp1511
@dipp1511 2 ай бұрын
@@whataboutdamendough everything in 2019 was less expensive when obama was president too you know
@raveun2thejoy
@raveun2thejoy 2 ай бұрын
@@dipp1511 Things were less expensive under Bush too. It's insane.
@MaseRhea
@MaseRhea 2 ай бұрын
Welcome to needing to work 2-3 jobs and still not having enough.
@kenfern2259
@kenfern2259 2 ай бұрын
we came to an era where working this will become eventually become the new normal , i saw video of a doctor working at a retail store after his shift ended
@MaseRhea
@MaseRhea 2 ай бұрын
@ My friends too. Both 6 figure earners and still have evening/weekend jobs. It’s insane that’s becoming normal for everyone; not just people who already don’t make much at one job.
@kenfern2259
@kenfern2259 2 ай бұрын
@@catpoke9557 the job market sucks too , it's horrible the lay off and finding jobs interview is a nightmare
@peachy_lili
@peachy_lili 2 ай бұрын
who wants to join a Warriors-style cyberpunk street gang with me? I mean if we're all gonna be homeless and starving, might as well join together, get some chains and cool clothes and at least work together to get food sometimes. the government has no idea what they are doing lmao this is not going to work out well for the richies
@julesdalli9716
@julesdalli9716 2 ай бұрын
And being called lazy by conservatives.
@MatteBlackEverything
@MatteBlackEverything 2 ай бұрын
My dream is to meet you at a random coffee shop or restaurant and shake your hand and thank you for the AMAZING job you've been doing. So informative. Much appreciative. Such wow.
@Monasaurus_Rex
@Monasaurus_Rex 2 ай бұрын
I’ve been telling people that it’s common sense that even if companies did decide to open factories in the US, it would take ages before anything can start being manufactured. All our old factories are either torn down or have been turned into office spaces, so no, they won’t waste money and years worth of profit to manufacture in the US
@mattwong5403
@mattwong5403 2 ай бұрын
We already have manufacturing for more sophisticated goods like vaccines, computer processors, and rockets at companies like Moderna, Intel, and Blue Origin. Most political discourse around manufacturing is virtue signaling since it is usually centered around 1950s style assembly line jobs that were dominated by white conservative men in the Rust Belt, while ignoring that those jobs have been obsolete for decades and will never come back.
@Swiftwind82
@Swiftwind82 2 ай бұрын
One important detail you seem to miss on the passing along of prices is that most businesses acquire their goods from professional distributors, who set their own wholesale prices, of which are typically doubled for retail. So that T-Shirt made in Mexico that cost $1.00 originally, $1.25 to import with a 25% tariff, will be $2.50 at retail, not $2.25. I personally set prices for a retail business, not everything is a double markup, but most items are. Some product lines are as low as 20% margin, others can be as high as 300%. Our buying manager has been having a complete mental breakdown over the last two days on how to deal with a 25% increase in costs on 75% of what we stock.
@Eyclonus
@Eyclonus 2 ай бұрын
Oh yeah that's going to be fun
@BlackCover95
@BlackCover95 2 ай бұрын
How does Trump even think imposing tariffs to pressure countries to crack down on fentanyl would even work?
@ColorMatching
@ColorMatching 2 ай бұрын
He's not paid to think.
@notreallyhere67
@notreallyhere67 2 ай бұрын
You’re implying that he actually thinks.
@petermcgill1315
@petermcgill1315 2 ай бұрын
The Donald thinking is where you went wrong…
@chengkuoklee5734
@chengkuoklee5734 2 ай бұрын
Nah, he's trying to screw up the economy in order for his private equity buddies to acquire dirt cheap assets.
@isaiahsmith6016
@isaiahsmith6016 2 ай бұрын
I suspect that Trump's reasoning is that by placing tariffs, he's hurting the other countries' economies which will galvanize them into working to stem the flow of fentanyl into the U.S. This is of course predicated-on tariffs working the way Trump thinks they work so this will probably just end in leaving everyone involved worse off. When the economy takes a turn for the worse, I wouldn't be surprised if people turned to their vices to help cope. Thereby increasing the flow of fentanyl.
@Cossfrack
@Cossfrack 2 ай бұрын
Haha, it reminds me of the day after the Brexit referendum here in the UK. The most googled thing was "what is the EU?"
@angrymuppet4209
@angrymuppet4209 2 ай бұрын
I don't understand stand how anyone, let alone the PRESIDENT, thinks that Canada stops things from entering the US. Normally you're supposed to protect your own borders from people or things entering... You don't stop them from leaving. Like, wtf?
@hawkeyemihawkgettingmoneylord
@hawkeyemihawkgettingmoneylord 2 ай бұрын
He's asking for canda to compromise and help America with the border if they do they won't be any tariffs. That apples to Mexico as well so whats the problem?
@roninecostar
@roninecostar 2 ай бұрын
The point is canada letting it happen on purpose as they regret having brought in soo many "poeple" at once. Now trudeau is looking for a way to get rid of the excess.
@peachy_lili
@peachy_lili 2 ай бұрын
@@hawkeyemihawkgettingmoneylord the problem is this asinine assumption that mexico or canada are just doing nothing (or worse, actively encouraging) the issues when America itself is causing its own problems with drugs and violence. demanding they fix this for us when it's our problem to solve is dumb but punishing his own citizens to make the point is even stupider. corporations are going to triple-dip on us when most of us are barely hanging on as it is. so "what's the problem" with solving a problem by creating twelve new ones? idk, you tell me!
@lashlarue59
@lashlarue59 2 ай бұрын
@@hawkeyemihawkgettingmoneylord The problem is that's not how borders work. If you walk up to any border, wanting to come in it is the responsibility of the receiving country to keep you out NOT sending country to keep you in. If I want to go to Canada I go to the border and present my passport to the Canadian authorities and its the Canadians who decide if I can come in or not, NOT the US. When my vacation is over and I want to go back to the US its the US authorities that decide if I can enter the US NOT; the Canadians.
@TidusleFlemard
@TidusleFlemard 2 ай бұрын
fun fact about pre brexit UK, they actually did have a treaty of the sort with france to curb the illegal immigration through the channel. So when I saw that brexit was voted for immigration issue, I was quite stupefied to say the least.
@AS-cs9gi
@AS-cs9gi 2 ай бұрын
it is baffling that so many don't even know what tariffs are. I assumed everyone learned it in school like I did, and it is probably one of the easiest terms I memorized from my school years. Literally starts with the same two letters as the word tax.
@randomtinypotatocried
@randomtinypotatocried 2 ай бұрын
A good chunk of US history class involves tariffs being mentioned
@qhu3878
@qhu3878 2 ай бұрын
​@@randomtinypotatocried weren't tariffs the whole reason you lot rebelled lmao
@isaiahsmith6016
@isaiahsmith6016 2 ай бұрын
Even if someone didn't know what a tariff was, it's not like you couldn't take 2 minutes to look it up so you had a basic working idea of what was. I don't want to come off like I'm preaching from a soap box, but this thing called Democracy doesn't work if people don't try to engage with it and understand the policies they're voting for.
@HungryWarden
@HungryWarden 2 ай бұрын
So does tattoo, take, tame, tag, tad, tack, tackle, etc.
@galaxtia
@galaxtia 2 ай бұрын
Like they say, f*ck around and find out. And I'm not wanting to find out about what his presidency means for my dream of being a senator. Remember the Declaration of Independence! Remember it!!! Thanks, Leeja!
@AMPProf
@AMPProf 2 ай бұрын
YAH BUT IF YA SMARTER Unicorn poop yum Then Pickels in Brine woukd Say Place thy krout Of orange To be blamed When we Transition The Egg out into the Bottomless Pit of Unicornis we breed For ... Long live the Empire Hail The Ai.. Placed not elected Money to Stop pollution and Force Usa education DUHHHHHHHH PUCKELS MORTY CARTOON PICKELS
@AMPProf
@AMPProf 2 ай бұрын
MORTY THINK SLOWER
@no.lloydering
@no.lloydering 2 ай бұрын
It cannot be a coincidence that Sumitomo Rubber closed a tire plant near me two days after Trump was elected, laying off 1500 workers. Our state and county governments were completely taken aback claiming they were given no warning or asks for help. Tariffs may not have been an immediate factor but it takes a while to fill remaining orders and move operations overseas, say, just in time for Trump's inauguration...
@lashlarue59
@lashlarue59 2 ай бұрын
What you're describing happens damn near everyday somewhere in the US and its been like that for decades now so why is this unusual?
@kiltedcripple
@kiltedcripple Ай бұрын
It can, closing a successful manufacturing plant is done over years, not weeks, not days. This is exactly what the word coincidence means. It is exactly a coincidence. The announcement might have been timed to avoid too much media scrutiny, but the decision was made probably during the Obama administration
@raginglightstorm116
@raginglightstorm116 2 ай бұрын
You deserve a million subscribers already, the education is outstanding
@rannyacernese6627
@rannyacernese6627 2 ай бұрын
As a Canadian, tariff away. Half our trade is gas/oil that has a global market.
@User122-ty
@User122-ty 2 ай бұрын
You must route it to EU asap but before - charge the Alaska transit.
@Reno_56101
@Reno_56101 2 ай бұрын
I work at a lawnmower factory, here in Minnesota. Our lawnmowers are American made, but a majority of the parts we need to build the lawnmowers come from China. Trump is an effing moron.
@Iam-still-noone
@Iam-still-noone 2 ай бұрын
🤔 really you do know Biden just passed a tariff on China at end of September from 50% to 100% on certain items - but ur gonna blame the guy that aint even in office yet - 🤦‍♂️
@paulestrada2770
@paulestrada2770 2 ай бұрын
And a majority of Americans voted for him....says a lot about Americans, lol
@minchen5187
@minchen5187 2 ай бұрын
@@paulestrada2770A landslide victory too.
@Reno_56101
@Reno_56101 2 ай бұрын
@@minchen5187 it wasn't a landslide.
@machinesbreathe
@machinesbreathe 2 ай бұрын
@@minchen5187 - A "Landslide"??? Trump beat Harris in the Popular Vote by a much slimmer margin in 2024 ( 74,425,998 votes (48.4%) for Harris vs 76,900,754 votes (50%) for himself ), than his loss to Biden in 2020 ( 81,282,916 votes (51.3%) for Biden vs 74,223,369 votes (46.9%) for himself ) An actual landslide would be Nixon vs McGovern in 1972 or Reagan vs Mondale in 1984. Words have meaning. Not what YOU want them to mean,
@andrews3137
@andrews3137 2 ай бұрын
Outside of stiff competition keeping prices down, most companies would want to maintain their profit margins. So if they already had a 30% profit margin, they would still want a 30% profit margin after raising the price. If the tariff cost them 25 cents more per item, they wouldn't typically just pass that 25 cents onto the customer. Instead, to maintain their 30% profit margin, they would add 36 cents to each item's cost.
@bjbear5202
@bjbear5202 2 ай бұрын
Heaven forbid they take a hit to their profit margins!
@VKK-cr1uk
@VKK-cr1uk 2 ай бұрын
But the politicians said that tariffs would fix the economy, I know it would because they told me they would!
@joelrelova
@joelrelova 2 ай бұрын
MAGA neighbor says that tariff will not hurt him because he doesn’t buy stuff from TEMU as he sped off to Walmart…
@tmpqtyutmpqty4733
@tmpqtyutmpqty4733 2 ай бұрын
They are done. Middle income may get hurt too but Trump voters would get smashed by this.
@lenoraaronel8542
@lenoraaronel8542 2 ай бұрын
Canada is the number 1 producer of potash in the world. USA is 10th. Potash is a major agricultural product. You pretty much can’t industrial farm without it. A 25% increase is gunna explode your domestic produce cost even before you ditch half your workforce.
@User122-ty
@User122-ty 2 ай бұрын
25 isn't enough for potash, add 25 export too
@Stefan_Van_pellicom
@Stefan_Van_pellicom 2 ай бұрын
To be fair, with half their agricultural workforce gone, they won’t need all that potash anymore…
@ThatOneDude521
@ThatOneDude521 2 ай бұрын
Brushing up in preparation for Thanksgiving dinner’s inevitable political screaming match, thanks Leeja!
@pedroemn
@pedroemn 2 ай бұрын
In Brazil, a 25% tariff would be a walk in the park. Our import tax is 60%, and there are other federal and state taxes as well. The overall increase in price is roughly 92%. Many people blame the current government for those taxes, but the truth is they have existed for decades, what's changed recently was just the enforcement for online purchases. To make things worse, since the 2016 coup our currency has devalued and inflation has hit us hard, especially after the pandemic. Everything is now literally twice as expensive, the rich are richer and the poor are poorer. Good luck for you guys, it won't be easy.
@DontNeed-yg1tt
@DontNeed-yg1tt 2 ай бұрын
You living in Brazil my friend make me sick she left this country a long time ago and she moved there with her two kids and I don't know why the hell she didn't just take me with her but she said girl I'm leaving I hope I hope the best for her
@jglg7238
@jglg7238 2 ай бұрын
tariff is just a fancy word, call it for what it really is: consumer taxes
@tomtomtom7200
@tomtomtom7200 2 ай бұрын
Brilliant episode Leeja. Having worked with tariffs for years, it's great to see somebody explain tariffs with insight and intelligence. Superb!
@2bleubird
@2bleubird 2 ай бұрын
One of my coworkers thinks that the tariffs will be great and get us out of national debt. I didn’t bother arguing with him. He’s one of those people that’s never been wrong in his life (or at least never admitted to it)
@lauralafauve5520
@lauralafauve5520 2 ай бұрын
Wage theft. I used to fantasize about giving certain people calculators so they could figure out the problems with low wages for themselves. Just as well I couldn't afford it as all phones have that option built in and they still haven't figured out how to balance a budget.
@bjbear5202
@bjbear5202 2 ай бұрын
I have watched cashiers try in vain to operate the calculator on their own phone when the register broke down
@cortlandsmith-kerr3961
@cortlandsmith-kerr3961 2 ай бұрын
Best part of Trump becoming president... Leeja Miller posting like every 2 days
@petermcgill1315
@petermcgill1315 2 ай бұрын
But the distress (we all share) will take a toll.
@ErinKTheWriter
@ErinKTheWriter 2 ай бұрын
And the punk music. We got a lot of good punk music last time, the punks are even angrier now.
@dennisyoung4631
@dennisyoung4631 2 ай бұрын
“…a tariff is a *National Level Sales Tax* paid on imported goods, which is paid ultimately by the end consumer.”
@florianbuerzle2703
@florianbuerzle2703 2 ай бұрын
The most shocking part of the story is that most people don't seem to know what tariffs are and who pays them... something that's not even Economics 101, but was once considered simple common knowledge 😱
@b3thamphetamine
@b3thamphetamine 2 ай бұрын
Right? I learned this in history class in middle school.
@davea6314
@davea6314 2 ай бұрын
When sh*t hits the fan under Don the Con Trump, don't blame me because I voted for Kamala Harris in Illinois.
@ryanwilliams7407
@ryanwilliams7407 2 ай бұрын
Is she the one who is currently in office who has been helping facilitate a proxy war between Russia and Ukraine? Increasing the possibility of ww3 by allowing the use of long range missiles?
@mikethompson5935
@mikethompson5935 2 ай бұрын
​@@ryanwilliams7407 ah yes, the vice president. Famously known for having the most power on a global scale over other world leaders like the US president.
@soulknife20
@soulknife20 2 ай бұрын
​@@ryanwilliams7407She doesn't have the power to do that. Try again kiddo
@davea6314
@davea6314 2 ай бұрын
@@ryanwilliams7407 1)Were you asleep in civics class? The vice president has very little power. 2) Evil Putin started the war when he attacked Ukraine. Ukraine has a right to defend itself. Ukraine asked for aid from the USA and other western countries and it was given. 3) The problem is that people like you get brainwashed by Russian propaganda and Trump worshiping propaganda...
@davea6314
@davea6314 2 ай бұрын
@@ryanwilliams7407 1)Were you asleep in civics class? The vice president has very little power. 2) Putin started the war when he attacked Ukraine. Ukraine has a right to defend itself. Ukraine asked for aid from the USA and other western countries and it was given. 3) The problem is that people like you get brainwashed by Russian propaganda and Trump worshiping propaganda...
@lakegroce685
@lakegroce685 2 ай бұрын
Man that google trending search results is giving ” Wait ObamaCare and the ACA are the same thing?” vibes. How are so many grown adults so stupid? It’s giving me a migraine.
@bjarkiengelsson
@bjarkiengelsson 2 ай бұрын
Pretty easily. Their deep red state refunded their schools ages ago. That's how.
@peachy_lili
@peachy_lili 2 ай бұрын
is THAT why my head has been hurting off and on for a week and a half?
@silith7027
@silith7027 2 ай бұрын
Don't forget that the search term "Did Biden drop out?" had a massive spike right after the election as well. How did people actually living in the US not notice?
@phillipthwaites326
@phillipthwaites326 2 ай бұрын
No taxation without misrepresentation
@vexywexypoo
@vexywexypoo 2 ай бұрын
I can't believe I'm gonna have to start smuggling spaghetti sauce across the border
@AMPProf
@AMPProf 2 ай бұрын
Ques es un Spaghetties.. Lordy Right once the Chefs get old What mexicano gonna take there place
@user-th1pv6ks5o
@user-th1pv6ks5o 2 ай бұрын
Honestly start up a business doing that low-key, your gonna need the extra money. 😖
@1th_to_comment.
@1th_to_comment. 2 ай бұрын
Literally 1984
@allenhudson3519
@allenhudson3519 Ай бұрын
You're the best. I really love your presentation. I always feel better after watching your videos. It's so refreshing having clear and concise information to take in.
@peachxtaehyung
@peachxtaehyung 2 ай бұрын
My mom unfortunately thinks tariffs is ok and will bring jobs back to america ugh 🙄
@CarlGerhardt1
@CarlGerhardt1 2 ай бұрын
Smart lady!
@peachxtaehyung
@peachxtaehyung 2 ай бұрын
@CarlGerhardt1 did you not watch the video or are you a troll who blindly follows and believes trump
@ColorMatching
@ColorMatching 2 ай бұрын
​​@@CarlGerhardt1one day you won't need to wear diapers.
@pruitv4
@pruitv4 2 ай бұрын
just everglowup aka choujimi ningverse winterosy thewoo hooned aedark psdoyoo etc trying to look nice under different subjects after being xpsd with her alts nasrun and hypeboy with which she always wants many kpop idols to d13.
@HungryWarden
@HungryWarden 2 ай бұрын
@@pruitv4so true.
@Nope-bl3ig
@Nope-bl3ig 2 ай бұрын
Just starting the video and I’m hoping you bring up the Smoot-Hawley tariff act as an example of tariffs generally being a bad idea when dealing with a bad economy.
@mickael486
@mickael486 2 ай бұрын
I'm going to try to politely forcefeed my maga family some Leeja this holiday. 💙
@AMPProf
@AMPProf 2 ай бұрын
DONT IT'S DEEPMAND STATE AND YAH BUT IF YA SMARTER Unicorn poop yum Then Pickels in Brine woukd Say Place thy krout Of orange To be blamed When we Transition The Egg out into the Bottomless Pit of Unicornis we breed For ... Long live the Empire Hail The Ai.. Placed not elected Money to Stop pollution and Force Usa education DUHHHHHHHH PUCKELS MORTY CARTOON PICKELS
@AMPProf
@AMPProf 2 ай бұрын
Jeepers Morty You think you Voted
@thegreatestdane8978
@thegreatestdane8978 2 ай бұрын
Fun fact: tariffs levied by Herbert Hoover have been directly pointed to as one of the causes of the Great Depression due largely in part to the facts that: 1. Countries aren't just going to sit back and eat a tariff from another country (retaliatory tariffs). 2. Companies aren't going to import products at a loss (cutting of the import market/raising of costs). 3. People don't have infinte money with which to pay infinitely increasing costs on basic items (reduction in consumer spending). 4. Other countries have options of going elsewhere for goods America produced (reduction in the export market). All of these combined at LEAST exacerbated the Great Depression by reducing the amount companies made from selling products due to increased costs resulting in layoffs, increasing the cost on basic goods for people making them hoard wealth where they could meaning less was going into the economy cycle making the previous point even worse, and other countries were either replacing American products domestically or with other countries meaning that even should the tariffs be removed the export market has shrunk irreversibly which further made the first point worse. And this ultimately culminated in a lot of people losing their jobs which further reduced the domestic market which lead to more unemployment. TL:DR: tariffs have been used in the past in an attempt at improving America's economic situation and 'bring jobs back' and all it did was make the US weaker and poorer with their only saving grace being Roosevelt's reforms and WW2 being an ocean away allowing America to profiteer off the participants.
@johnkowalkowski4269
@johnkowalkowski4269 2 ай бұрын
A tariff is supposed to be an incentive to buy the domestically sourced similar item....but we no longer make things domestically. There will be 25% inflation on a lot of stuff...
@pjpredhomme7699
@pjpredhomme7699 Ай бұрын
Ultimately its original intent is to protect domestic industries - so folks do not be surprised if your ambitions are not the first thing on dear leaders mind . In this case he is attempting to use the threats of tariffs as an economic weapon -or threat to trade partners . He is doing it as a justification for negotiating a more favorable trade deal . The thing is most of the bigger trade partners have been played like this already and are probably not too eager for it again - so I expect they will mostly say - go ahead - and then Trump will cave - and declare victory that he alone saved the people from the greedy foreign competition - have that few of people caught on to this guy by now ? Here's a hint - don't read too much into anything he does - he is not at all sophisticated - he is just a bully - there is nothing more to him than that
@scottbynum7472
@scottbynum7472 2 ай бұрын
I have always appreciated and valued your input, I appreciate 🙏 you like never before. Please don't ever stop Leeja❤U
@ga1axii
@ga1axii 2 ай бұрын
Thank you for educating people ❤️❤️
@osmosisjones4912
@osmosisjones4912 2 ай бұрын
In a country. With starving people how are we dependent on exporting the food we already have. And. The problems she list from steal manufacturing to Low wage ill eagle immigrants . The problem seems to be the official minnium wage. Lower the wages . And aren't all her sources the same economist who caused the hard economic times .
@armanke13
@armanke13 2 ай бұрын
"Nobel laureates and economist endorsement? Nah.. I'll trust the bankrupt man instead.. "
@User122-ty
@User122-ty 2 ай бұрын
Or why to trust the Ohio police
@CrocodileTears36
@CrocodileTears36 2 ай бұрын
I appreciate this channel for stanning for cheap Toyota pickups. I support this fully.
@Sleigh2000
@Sleigh2000 2 ай бұрын
Awesome synopsis 👏🏻👏🏻 I’ve worked in supply chain management for pushing on 20 years and your speaking my language 🤗
@knitnonymous
@knitnonymous 2 ай бұрын
Same here, I've been trying to explain these concepts to my maga family and friends but they don't want to hear it :-/
@Sleigh2000
@Sleigh2000 2 ай бұрын
@@knitnonymous I hear ya! I quit spending time explaining my perspective on much of anything with those folks about 2017. Although, I’m privileged to live in a pretty blue area where they’re votes continue be diluted
@Michael-v5s1f
@Michael-v5s1f 2 ай бұрын
Leeja, you could have that tattooed all over your body, and MAGA will say it's fake news😂😂😂
@befall
@befall 2 ай бұрын
My parents are buying a new car next month to avoid looming tariffs backlash on car prices that is absolutely coming down the line.
@Humorous25
@Humorous25 2 ай бұрын
Exxon show young lady. I'm glad some of you young people actually pay attention in this country
@IsomerMashups
@IsomerMashups 2 ай бұрын
As a Canadian, I am judging the US so hard right now.
@dillon4060
@dillon4060 2 ай бұрын
You guys are screwed. The US has all the leverage and Trump knows.
@AoifeOConnor2233
@AoifeOConnor2233 2 ай бұрын
Isn't Canada also doing the tango of doom with the far right as well, like right now?
@GaySatanicClowns
@GaySatanicClowns 2 ай бұрын
Join the club
@LK-po2rb
@LK-po2rb 2 ай бұрын
Yeah, I'm sure you are--because Canadians no longer have any real identity or anything to be proud of, so you all cope by attempting to compare yourselves to straw men depictions and fearmongering of the US you see online. Your society is crumbling around you so you attempt to cling to some pathetic hope that somehow the US is worse off than you are. Despite the brain drain of your people coming here for far better wages, despite your country producing absolutely nothing of value, despite your entire economy being a real estate bubble propped up by unfeasible amounts of immigration to staff all of your Tim Horton's as state-sanctioned indentured servitude. But at least you can pretend that the US cares about you judging us, if it makes you feel better about yourself. There is almost no problem that the US has, that Canada isn't worse off in. Even the healthcare system you once tried to flaunt is in ruins.
@TerraSlimeS
@TerraSlimeS 2 ай бұрын
Isn't the cost of living in Canada way higher than the US on average?
@coachs886
@coachs886 Ай бұрын
I don’t know why your channel wasn’t suggested to me before. You are putting all my political thoughts info video form. I’m buying one of your Reagan ruined everything shorts today and I’m downloading 3 of the books you quoted in your most recent video!
@veilenj
@veilenj 2 ай бұрын
So what can we learn from the trump campaign: 1. Constant social media presence makes people feel connected to you personally 2. Blame republicans for everything even stuff you did wrong 3. Shout excitedly about anything during speeches and people will cheer for you 4. People do not want to think so make every thing a slogan or sound bite. I hope this helps.
@davidwright7193
@davidwright7193 2 ай бұрын
Remember Trumps most important slogan: 4 legs good 2 legs better
@Allison-jj1vq
@Allison-jj1vq 2 ай бұрын
My boss looked at me like I was crazy when I told her our jobs will be in jeopardy next year. If people are not spending, layoffs are inevitable. I really wish people would quit talking some sort of schadenfreude over the impending doom. We will all suffer. No one is sticking it to the maga when the recession hits.
@RGCDTB
@RGCDTB 2 ай бұрын
Thank you leeja for simplifying the bullshit and making it easy to understand what's going on
@lannynavitka8949
@lannynavitka8949 2 ай бұрын
My kids didn't need to eat anymore anyway. I quit eating last price hike. Maybe the bank will accept 25% less mortgage payment next month. I certainly haven't gotten a raise.
@longshank59
@longshank59 2 ай бұрын
Leeja you always. make these incredibly dark topics easy and understandable.
@cmfgates
@cmfgates Ай бұрын
I can fix this easily enough with the following steps: 1. Freeze federal spending at current levels. 2. Freeze all taxes at current rates. 3. The fed issues up to $100k vouchers to every household to reduce or eliminate personnel debt. 4. Mandate all tuition at higher learning institutions who receive federal subsidies not to exceed $25k a semester. 5. Mandate all mortgages are not to exceed 20 years and interest not to exceed 5%. 6. Mandate all credit card companies APR cannot exceed 10%. 7. Enact a federal sales tax (not to exceed 10% of GDP) on all goods and services that only goes to paying off the federal debt. 8. Enact a 100% tax on income for employers who earn more than 200% of their lowest paid employee. 9. Freeze all prices on nesscary goods, grocery items, electrical and water services. This is just a start.
@michaeltschuertz
@michaeltschuertz 2 ай бұрын
Austrian here. I want to pay the "Reagan Ruined Everything" Shirt. Can someone help out. There will still be a tariff on it, but inam Willing to pay for it.
@vv-cv6ud
@vv-cv6ud 2 ай бұрын
Order it online
@suides4810
@suides4810 2 ай бұрын
Maybe dont add to pollution and exploitation And just write it yourself...
@Tacom4ster
@Tacom4ster 2 ай бұрын
Im gonna constantly gloat to my mom when her precious eggs gets expensive. Remind Trump supporters they voted for this everyday when you go to the groceries
@ShirleeKnott
@ShirleeKnott 2 ай бұрын
oh I shall!
@FarmToMarketRoad
@FarmToMarketRoad 2 ай бұрын
Tariffs won't affect eggs much. Your fresh fruit and vegetables will raise in price.
@ShirleeKnott
@ShirleeKnott 2 ай бұрын
@@FarmToMarketRoad and since the US gets almost all the pulp it uses from Canada so will things like toilet paper and diapers.......
@Tacom4ster
@Tacom4ster 2 ай бұрын
​@@FarmToMarketRoad Well I will gloat on that, my mom is a bootlicking bitch
@CarlGerhardt1
@CarlGerhardt1 2 ай бұрын
Eggs are already really expensive. (Have you been under a rock the last 4 years?)
@BullyMaguire42069
@BullyMaguire42069 2 ай бұрын
then the tarrifed countries will reduce their sales to the US, finding new markets while the average US citizen suffers, lol
@ShirleeKnott
@ShirleeKnott 2 ай бұрын
yup Canada and Mexico are already in trade meetings with other countries
@CarlGerhardt1
@CarlGerhardt1 2 ай бұрын
Nope! They either sell to us, or watch their crap pile up unsold in their warehouses.
@soulknife20
@soulknife20 2 ай бұрын
​@@CarlGerhardt1And....wrong
@notreallyhere67
@notreallyhere67 2 ай бұрын
@@CarlGerhardt1the unsold crap will languish in American warehouses lmao
@craffte
@craffte 2 ай бұрын
I said to someone today that I was planning ahead for my hours to be cut and to possibly lose my job and my coworker's response was to say "Pfff just see what happens lol". If you're not shitting your pants right now, you're either comfortable and so well off that this nonsense will not harm you OR you are so plentifully dumb I am surprised they let you drive your own car. Being homeless is not something I have forgotten. When MSNBC says it's going to be bad, whatever. When orgs like Wharton School say it's going to be bad, pay attention.
@feebleterrance
@feebleterrance 2 ай бұрын
This is the end result of politicizing and defunding education. People become far easier to take advantage of.
@samumm7333
@samumm7333 2 ай бұрын
Where is the source that says 80% of fentanyl entering the us from Mexico is brought in through official points of entry by us citizens? I need it to show my parents who talk about Chinese fentanyl every day.
@latentcc9448
@latentcc9448 2 ай бұрын
Search for the Cato Institute article "US Citizens Were 80.2 Percent of Crossers with Fentanyl at Ports of Entry from 2019 to 2024"
@pjpredhomme7699
@pjpredhomme7699 Ай бұрын
Most of the Fentanyl made in Mexico is in fact made by the Chinese that have stood up many manufacturing plants in Mexico - to make many things - including fentanyl .
@alostkoi
@alostkoi 2 ай бұрын
What some don't understand is that tariffs are easy to put in place, but creating the in-house manufacturing isn't as easy. Even if you're as willing as possible, replacing imported goods wil take more than 4 years. Especially if you're talking about specific goods like microchips.
@russianbear0027
@russianbear0027 2 ай бұрын
Yeah that has crossed my mind too. A fair amount of fabs are scheduled to open soonish (like within a decade) because of the chips act and other factors. But I'm fairly sure a lot of their equipment is partially or fully manufactured elsewhere. So those projects will likely be delayed by tariffs.
@AlexReynard
@AlexReynard 2 ай бұрын
"Let's not do something we need to do just because it will take a long time." You are a loser.
@stankythecat6735
@stankythecat6735 2 ай бұрын
Also , an American worker is always going to be more expensive than any other county… so goods will cost more… it’s so god damn stupid
@yourseatatthetable
@yourseatatthetable 2 ай бұрын
Google how much chicken feed is imported and adk yourself two things. One, how high do you think eggs will rise? Two: why are they importing chicken feed... Seriously, we're the bloody corn king!
@ShirleeKnott
@ShirleeKnott 2 ай бұрын
then google what % of fruits, veggies come from Mexico then goggle what % of veggies, pulp come from Canada then goggle what is made from pulp so glad to be living in Canada
@bjarkiengelsson
@bjarkiengelsson 2 ай бұрын
As a small tome chicken farmer this is what irks me the most. No local factories make feed. That means I have to buy imported. If my chickens starve, I lose my business.
@ShirleeKnott
@ShirleeKnott 2 ай бұрын
@@bjarkiengelsson I am so sorry we all have to suffer this mess. fear some of the worst hit will not be ones that voted for this.
@gamermanh
@gamermanh 2 ай бұрын
@@ShirleeKnott I was actually shocked to learn last night that California is the source of 3/4 of the US fruit and 1/3 the veggie supply, actually Still fucking stupid to do a tariff holy shit
@ShirleeKnott
@ShirleeKnott 2 ай бұрын
@@gamermanh and that won't help when the farm workers are deported. fresh fruit and veggies will sky rocket this summer. frozen fruits and veggies will be even more expensive if they can be found by fall. the silver lining of this mess is maybe just maybe people will see the errors of our ways and take a good look in the mirror vowing to change for the better.
@patsyramsay1798
@patsyramsay1798 2 ай бұрын
WOW ! THE MOST THROUGH EXPLANATION OF TARIFS. VERY UNDERSTANDING. THANK YOU FOR THIS.
@TheAdamGiles
@TheAdamGiles 2 ай бұрын
Raising unemployment is the target. With unemployment, people will be more inclined to enlist. With unemployment, you can have the workers fight for the bottom in wages.
@freebobafett
@freebobafett 2 ай бұрын
The tariffs are awful and dumb, but the deportations will remove 15 million consumers from the economy as well as the majority of labor in the fruit picking, meat packing and bread baking industries. It's like he's trying to cause a depression.
@LaundryFaerie
@LaundryFaerie 2 ай бұрын
He is. Trump and his cronies are accelerationists seeking to tear down the government and build another one in its place more to their tastes. That's the real meaning of "make America great again" -- they think they can rip down everything that has changed in America since about the 1950s so they can bring it back to the time when they thought America was great.
@Eyclonus
@Eyclonus 2 ай бұрын
The deportation is a threat to the cheap labour, though it does take someone calling Trump chicken for not following through on his stupid promise to have him break the economy
@CarlGerhardt1
@CarlGerhardt1 2 ай бұрын
It's like he's trying to raise wages for working class Americans.
@soulknife20
@soulknife20 2 ай бұрын
​@@CarlGerhardt1So you want the government to get involved with businesses? Sounds a bit like a communist
@BlueTyphoon2017
@BlueTyphoon2017 2 ай бұрын
@@CarlGerhardt1alright, and when has he claimed he’s going to raise the minimum wage?
@garthbarrett6067
@garthbarrett6067 2 ай бұрын
Canada exports oil and gas to the US. Hmmm! 25% tariff on the oil and gas?
@D_2_M
@D_2_M 2 ай бұрын
Oh this is gonna be fun let's hope those Canadians stop supplying gas and oil and send them to Europe instead. USA can dig their own national parks for their resources.
@myleshall3162
@myleshall3162 2 ай бұрын
the fact that someone could vote for a person with no experience let alone all the other shit he's done. With can't we all just sing kumbaya under democratic socialism?
@bjarkiengelsson
@bjarkiengelsson 2 ай бұрын
Because the old white and rich populace is terrified of letting democracy do it's thing.
@arandomlemon6707
@arandomlemon6707 2 ай бұрын
Because they are maniacs
@LK-po2rb
@LK-po2rb 2 ай бұрын
He was president for four years, which makes him one of the most experienced candidates alive for the role...You can argue other points, but to say that Trump doesn't have the experience to be president is just laughable.
@CarlGerhardt1
@CarlGerhardt1 2 ай бұрын
Socialism sounds like a nice idea, but it usually seems to end in starvation or death camps.
@ColorMatching
@ColorMatching 2 ай бұрын
@@CarlGerhardt1 do you consider China socialist?
@wilberwhateley7569
@wilberwhateley7569 2 ай бұрын
Funny how people begin looking up the concept of "tariffs" after the polls close - it's like people tend to vote based on feelings rather than facts or something...
@3rdeyelife234
@3rdeyelife234 2 ай бұрын
As usual, informative & gave me enough knowledge to Google more information. Thank you.😁
@americanablues
@americanablues 2 ай бұрын
Thank you for this thorough mini course on tariffs. You do this so well. ❤
@traciecombs7030
@traciecombs7030 2 ай бұрын
We all need bumper stickers that say "I didn't vote for this"
@HarryYouKnowWho
@HarryYouKnowWho 2 ай бұрын
You need not spending 23 minutes to convince me but that time won't be enough to convince MAGA guys.
@faxmine
@faxmine 2 ай бұрын
None of this can convince a MAGA head. Statistics can never convince people like that. Theyll just say "he wont do it", "itll work different than what theyre saying it will work like" and other bullshit nonsense. Theyll never listen. And when it happens, and when they get fucked over, they wont blame trump. You dont ever blame trump. Theyll just blame the "government" because to them, trump and the government are separate when it comes to accountability in any mistake or misfortune brought to them.
@jasminesaunders2735
@jasminesaunders2735 2 ай бұрын
I'm worried that i'll never be able to an electrical engineer, i'm still trying to work my way through school and hoping i can graduate and get my dream job, but with eveeurhing going up i won't be able to afford the cost of living when i have to move out for my second half of college
@ethirium4389
@ethirium4389 2 ай бұрын
Welcome to your future
@k31than
@k31than 2 ай бұрын
@8:51 Was actually surprised [and loved the fact] that you knew about the Toyota Champ. 😊👍 Yeah, a lot of US truck drivers/owners (at least online, AFAIK) have been drooling over that truck since it came out.
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