Tariffs 101: How They Affect U.S. Prices and Trade

[@LianeAlbertNC]

I am a licensed customs broker. I work with importers who bring goods into the US. You said this perfectly.

[@enone5744]

How are Biden Tariffs any different

[@OwlBinary]

Biden didn't put a tariff on all imports, that's the key difference. Targeted tariffs vs universal tariffs.

[@8180634]

​@@enone5744in the case of my personal business, they're lower.

[@tee_thee]

​@@enone5744I think these sort of explanations don't exist to say "X is better than Y because of this", but rather to showcase the ignorance of the people who voted in favor of these measures and are probably going to be negatively affected by them in the future.

[@creeation1977]

​@@enone5744Trump's tariffs will be much higher than Biden's, which means higher prices for all Americans once Trump enforces his tariffs. You guys voted for him so don't complain about the high prices after he takes office! 😂😂

[@tpoto1004]

100% correct. For years, I worked for a large industrial corporation based in NC whose playbook revolved around closing their US manufacturing facilities, first moving them to Mexico, then to China, then to India, solely to avoid higher wages, unions, stricter environmental regulations, etc. And any revenues they generated outside the US tended to remain outside the US to avoid paying repatriation taxes. That in turn fueled even further investments in manufacturing outside the US. And this president-elect thinks he’s going to change that via tariffs?!?!? Yeah good luck. And people, brace for hyperinflation like you’ve never seen before.

[@davidavard8461]

And when Trump changed the tax code to allow companies to bring their profits back into the US at a much lower rate, telling people that they would invest in the US and create jobs, what did those companies do? The largest stock buybacks in history (something that became legal under Reagan). The companies only started investing in America when they got giant tax breaks for doing so, from Biden’s various acts (Infrastructure, Chips, IRA).

[@justified004]

I've been saying this same thing but people act like there isn't a reason we shipped manufacturing overseas. Cheap goods and even cheaper labor. They just scream buy American but don't realize the sheer number of everyday and essentially goods we import at a cheaper price. I really hope we don't experience hyperinflation because it is scary to think how so many people will just not be able to get by at all.

[@traceykoontz2868]

Exactly they were all beating their chests groceries are too high and everything else and they thought they understood this and we all know how long it's going to take to fix it and then we can't forget about the coming lawlessness either. United we stand we know what to do and let's get busy.

[@buffy4525]

​@@traceykoontz2868I have never been so excited to eat gruel every day and watch these Trumpers go into shock. There's nothing like watching a good thriller while eating a meal. 😂

[@Delisle4]

Thank you for sharing. U.S. citizens who voted for Trump have no idea what's coming.😮

[@BeverlyChandler-px9go]

Coming from this educator, BRAVO!! SO glad someone is attempting to make this clear to voters. Thank You!!!

[@VirgoSun23]

She is an educator in Canada. I follow her. She's absolutely wonderful. 😊

[@sjacobxiii]

You can not explain to stupid. A stupid will always do dumb stuff like voting for Trump. Lost cause!

[@vangu2918]

People have been telling them. They don't want to hear it.

[@ferryseegers9246]

the problem is that the MAGA voters out there won't even open the video... they'll see the person in the thumbnail and think it's "fake news" or the person is a "libtard" the only way to let the MAGA voters "feel" is let Trump do his thing and they'll see and most important FEEL. There won't be blaming the Dems anymore... since MAGA has the White House, the Senate and the House majority. So no blood on Dem's hands!

[@WitchyWoman651]

Lol...pretty sure Google explains it

[@GarthurFleck]

Let me add one thing to the lesson that you left out. Businesses are going to increase the amounts on goods and services by little drips and drops BEFORE inauguration, offer an alleged discount or sale or whatever other illusion, then they'll raise the good or service beyond the tariff amount. Why, you ask? In part because it is an opportunity to raise amounts with a generally accepted excuse. But the reason it'll be over the tariff amount they pay is because everyone's goods and services will be higher, even for other vendors to purchase. Short story: if you think you're broke now, you should have voted for Kamala when you had the chance. Best wishes to everyone💙

[@myrnab8480]

I read articles that companies already planning for layoffs in preparation, OH (a Red state) being one of them. 74M voters get ready to play “thank you may I have another” with Orange Hitler…smh. Good luck to us all….

[@DeborahCooler]

Yes. "Greedflation" example: Using tariffs as an excuse to inflate prices even more, beyond the tariff rate.

[@GarthurFleck]

@DeborahCooler I was trying not to say this but I keep getting called back to this comment and I LOVE that phrase "Greedflation" and I will be taking it as if I was smart enough to think of it on my own😄💕

[@wolf2179]

​@@DeborahCooler except he is correct that if you raise the price high enough businesses wont import that product or import it from the country it has the tariff if it isnt a global tariff. By not importing and if its done to the right goods would force manufacturing to start back up in the US because that would be cheaper then importing it will. The problem we have in regards to manufacturing is that the majority of imported manufactured goods is terrible quality. When the US manufactured goods locally the majority of the time the quality was superior to anything imported.

[@lissakaye610]

Probably one of the most important videos people need to watch right now.

[@icky_thump]

Guess what, didn't do any good 🤦‍♂️

[@peterlong2580]

She forgot to mention what the whole purpose of a tarriff is... seems like that's where you should start.

[@jfree111]

​@@peterlong2580The US doesn't make iPhones and probably never will.

[@2BooG]

And it STILL went over peoples heads, smh

[@legen_dary42]

​@@jfree111I just literally physically face palmed reading your comment. You really missed the point, didn't you? Low intelligence people like you that can't see the forest for the trees are why this country is so incredibly screwed.

[@jasonjackson4555]

As someone with did Econ undergrad, then got an MBA and is currently in commercial finance, this is what I’ve been screaming at my friends and family for about 6 months. Now I can just share this link!

[@kdog2646]

A lot of the democrats were saying tax the corporations more. That does the same thing though. So both sides would've resulted in a price increase just from different methods.

[@nimeryaspawnbrd1049]

​@@kdog2646 do you really don't know/understand the difference between taxing capital and taxing revenue?

[@jasonjackson4555]

@ This is a discussion about import tariffs, not corporate tax, but let’s follow your premise of these to concepts being “the same.” If a corporate tax rate is determined, it is evenly applied across all corporations at that rate based on their earnings. A tariff, on the other hand, has an unequal impact across corporations based on how much of their business relies on imported materials or finished goods. Some corporations import nothing, in which case there will be no tariff effect on their business. Some corporations import complete finished goods (like a fully-built iPhone) , meaning the tariff expense is applied to 100% of their COGS. Some corporations import only certain raw materials/components for a product (like tires) that are mixed with domestically sourced materials and produced with domestic labor and machinery (to build a complete car)….meaning that the tariff would only apply to some tiny percentage of the total cost of their finished goods. So, no, it’s not the same.

[@laurarush]

lol I already just did that yep agree

[@kdog2646]

@@jasonjackson4555 the reason I made the corporate tax argument is that the argument was that Trump would be worse for the economy than kamala. That was kamala proposal. Your argument that not all companies import goods though basically says that you won't pay more because those goods are now cheaper comparatively, so you will buy them. No increase occurred because they didn't import goods that now have an excess tax on them.

[@KitBlueMedia]

I saw her original video on TikTok. She does a great job explaining tariffs/taxes. Bring economics back to classrooms.

[@VirgoSun23]

I love her channel. I don't get on TikTok much, but she's one of the few I follow.

[@legen_dary42]

...and civics. It seems most of this country doesn't actually understand the Constitution beyond a few cherry-picked words from a few cherry-picked amendments.

[@JessicaMiller-pc4dj]

She perfectly explained the election process from a non American standpoint - very informative.

[@vangu2918]

The MAGAS don't want to hear this. They don't care, because they think is going to hurt their enemies.

[@traceykoontz2868]

I was trying to explain this especially when I would hear about the price of groceries and I tried to explain how it works out until it gets on our shelves all the cost involved, but I don't think it absorbed with anyone.

[@308chewy]

I sell to the US and the rest of the world every day . There is a lot of places that have import tax/duty/tariffs. None of those have any affect on my sell price. Once it leaves my door all extra cost to get it to your door is on you. If you think for one second I am going to lower my margins and pay someone else's tax you are a fool

[@TheHuskyK9]

>Tariffs are a tax on imported goods MAGA: “Well then buy domestic.” >Corporations don’t want to follow domestic labor laws and want to maximize profit by getting cheap labor overseas MAGA: “Well then don’t buy from corporations and buy local” >Local small businesses also rely on imported goods and not all of them have what you need MAGA: “Well then, there’s nothing we can do about that.” >Yes there is. Don’t put tariffs on imported goods.

[@kylesawkon4074]

Not all local small businesses rely on imported goods

[@Adyen11234]

​@@kylesawkon4074that's true, but local businesses can see how much goods cost after the tariffs, and will raise prices to X-1 for profits.

[@ajpend]

We can regulate companies’ cost of labor practices so that workers in the US earn enough to buy goods that are produced in the US. We can also then regulate costs of imports so that buying domestic products is at least as inexpensive.

[@itskarl7575]

​​@@kylesawkon4074I doubt you can find a single one which doesn't depend on imports at any point in its supply chain. Does your business need computers? Vehicles? Doesn't matter if they're US made, lots of components are still imports.

[@itskarl7575]

​​@@ajpendHow is that supposed to work, exactly? Nevermind the fact that those regulations are there for a reason, and _reduce_ cost in the long run - even if there is a short term reduction of profit. Also, everything's connected. If wages go up, so will prices, because businesses will need to make up for the cost of wages. If domestic was a solution, don't you think that's what the world would go for?

[@artofbusiness12]

PSA: As a small Business owner, I have to say. I Loved this presentation. It is the Cliff Notes version made for a 1st to 7th grade level. Good for some who made it past the 12th Grade but are still pumping their fists in the air, following their Orange cheap-spray tanned leader, yelling: Yeah! Tariff all those Foreign countries! In reality, all they are yelling is, ‘Yeah! Tax me again, Tax me more!’ Tariffs = A creeping death for each American consumer, who buys ANYTHING not made in America. Which is 99% of all commercial everyday products. 🤦🏻‍♂️ - Thank you.

[@donnahoward3694]

And the orange menace promised 200% tariffs on China's imports to us. 😂😂😂

[@andreaskarlsson5251]

Also, companies import cause its cheaper so even if they start buying domestically, prices would still go up 😂

[@briankocheraabcdt4628]

Plus things made in America with imported parts and supplies.

[@captainhowdy3906]

And yet they will still be in such denial that, as always, they will not be able to comprehend this.

[@andreaskarlsson5251]

@captainhowdy3906 i wonder who they will blame for increasing costs 😅

[@kareno3230]

Thank you. As one of the sad, shocked, disheartened, and just plain shaking in my boots Americans, I apologize for what my fellow countrymen just did to not only the USA but the world! Please pray for us. We are devastated 😢

[@FireSilver25]

I’m still in a spiritual fetal position.😢

[@cathlaurs9754]

I'm still in shock too 😬 ♥️💪 to you guys.

[@MotherOfVincentLePew]

​@@FireSilver25😂that perfectly describes the feeling 👍

[@abelis644]

38% of your fellow Americans didn't vote. I will bet that every mouth-breathing, drooling magat voted. SHAME ON THOSE LIBERALS WHO DIDN'T VOTE. 👋🇨🇦

[@zoniekat]

I didn't realize that people were that dumb.

[@jlocey87]

For anyone who missed this in economics class: Tariffs are paid by the buyers of the products, not by the producing country-meaning the cost falls on YOU.

[@peterpan408]

Theoretically it reduces the quantity of imported product because some people cannot tolerate the higher domestic price. The lowest international price plus the tariff becomes the new minimum price level; Which no domestic producer would be wise to go below.

[@p.j.m.d.1948]

It’s really a shame that over half the country, INCLUDING THE FUTURE PRESIDENT are so ignorant. I don’t know about you but I learned about tariffs and economics in like 8th grade!!

[@mightymystery9204]

The key is, the people who wanted him to make them so rich, as promised in 2016, kept donating all through the next 8 years. So they never figured out that he is a liar, and he does not understand how to run a business. He does know how to give people the business. When price hikes start, and they see majority Republican Congress, watch them break their necks trying to blame Democrats. I expect a street fight when a few of them realize they got played, and confront the Maga leaders.

[@pintbreaker9570]

Oh he knows for sure.

[@ObscuritiesByJude]

@@pintbreaker9570 I just don't think he does! He really is an ignorant, under-educated, ill-informed ma-child. I mean that whole "inject bleach to get rid of COVID" thing - OMG! Batteries electrocuting you in water...magnets dying when in water...the list of inanities goes on and on. STOOPID!

[@zoniekat]

Yep. Grade school or more like 8th grade American Civics

[@HayatoPato]

​@@pintbreaker9570Sorry he doesn't know. And our economy will crash and grocery prices and much more will go up. Good luck affording it all

[@ascentcognitiveeducationce649]

Thank you for doing this. I taught Economics for 25 years, and I am losing my mind over a lack of knowledge and understanding! You would make an awesome teacher!

[@mountainmama45]

She is a teacher. She teaches high school at a private school in Canada.

[@wolfywolf8307]

Cool! ​@@mountainmama45

[@puppypersonlotr4538]

...she is a teacher

[@myrnab8480]

I imagine it’s tough for all teachers around the world watching orange Hitler spread lies opposite of what they teach…. My head would explode.

[@tyrannosaurusinf1488]

You should also point out that if manufacturing in the US cannot meet the demand created by the loss of imports, it means there are fewer goods that will be costing more, or manufacturers have to pay more for production and then pass on those costs to the consumer. That's even if you accept workers in the US getting killed or poisoned on the job and the lakes and rivers becoming even more disgusting.

[@kaingates]

It doesn't have to be that way. But it's not financially viable if we expect the profit margins we've seen in the last 20 years. Like the railroad, the record, textile and building companies had huge celebrations when they made 5% profit year after year. Ford was pinned "king of the automobile industry" because they made it 8 years without going under 1% profit. McDonalds became a national franchise with 7% expected profit margins. It's just that investors are so greedy that they don't believe in anything that cant be short-selled

[@PaulGilbert-o5o]

Not to mention the supply chains needed for the importation of minerals, materials and resources required to support onshore manufacturing of said products in the US. That do not currently exist and would further damage the environment, cost further billions to setup, increase prices, risk US stability etc The inflation caused during the pandemic was directly related to Global supply chain breakages, one of the reasons Taiwan is considered vital to US economic stability is its manufacturing of 60% of the world’s semiconductors and over 90% of the most advanced computer chips. So just imagine if China gets their hands on Taiwan and raises tariffs in direct retaliation to Dumpsters actions, your next Iphone might cost 2-3 thousand dollars or not exist at all.

[@NankitaBR]

​@@kaingatesUnfortunately that's how capitalism naturally evolves with less regulations. The investors take over and the investors don't want just some of the money, they want ALL of the money. Let's not forget that the "free market" is a competition and as any competition there is always a handful of winners (or even just one) and orders of magnitudes more of losers. And all the investors care about is winning (aka having the biggest amount of money), regardless of who they leave behind to do so. So that's why regulations exist, so that there is at least a bit going to the people that aren't at the top of the competition.

[@bigboy9693]

How long has Harris and Biden been in power and did they fix anything.

[@denelian116]

You sound so much like my macroeconomics professor (which, he was a 62 year old guy from India back in 2006, so. It's impressive lol)

[@Sandman1724]

As an Economics teacher...thank you for saving my voice from having to explain this!

[@Wernerbrandes8088]

Amazes me how many people simply can’t grasp this basic concept. Great video by the way. Hopefully it resonates with the unreachable

[@colt08]

TRUMP cant grasp the concept

[@peterlong2580]

She forgot to mention that the whole purpose of a tarriff is to discourage people from buying iphones (or whatever products the tarriff is being placed on)

[@Bierdaddy1]

It didn’t. He’s president-elect now. 🤦‍♂️

[@JessicaMiller-pc4dj]

​@@peterlong2580This is beyond impractical, because it's akin to telling people to stop buying unnecessary 💩 and when has that ever worked? I agree with you btw, but I'm in the minority and will use my android phone until it falls apart in my hand/gets lost/falls down the toilet.

[@l.d.4477]

❤​@@Bierdaddy1

[@westswell2757]

Remember this: Tariffs only hurt consumers

[@456loveluck]

And for those who don't know what's a consumer? It means customer 😂😂😂😂 so doesn't matter how you find ways to avoid paying extra, you're still gonna pay more extras on the goods 😢 Epic inflation 📈 🍽️

[@bpslick4565]

@456loveluck That's not what inflation is.

[@bpslick4565]

@@westswell2757 Don't buy Chinese products.

[@joefrank627]

I'm only 28 and I've learned I'd rather be ignorant than stupid, for the smart think of ourselves as stupid for the amount of knowledge we have yet to acquire while stupid think they're smart yet lack all knowledge of what they speak. Awesome job on the vid if people still dont understand well bless their hearts.

[@hhckiss2817]

Yeah, that's called the Dunning-Kruger Effect. The less those people know, the less they grasp the scope of how big the information gap is 😞

[@Belindamatson]

.."Well bless their hearts". I'm Australian, Trae Crowder (tiktok, youtube and live comedian) explained what that expression means.🤣

[@kdog2646]

The dunning Kruger effect doesn't exist. It was misinterpreted results. Most people think they are average regardless of being good or bad at whatever topic.

[@Aerobyte12]

When Ben Stein taught this in Ferris Beuller's Day Off, people should've listened.

[@farialmab4723]

*Perfect Presentation of Reality, in Simple, Straightforward concepts.* Thank you!!!

[@TizzOssum]

Just got into a huge fight with my dad over this. Lol Im going to GLADLY send him this video. Cause a LOT of Americans here in South don't listen in school...

[@Boilerman1945]

@@TizzOssum Starting to wonder if many people in the South even went to school!

[@yassi_b.4330]

Omg this is scary

[@maeannengo4908]

They complain schools are not teaching real world stuff. Yet when schools are teaching real world stuff, they don't listen.

[@kekef3620]

This is why getting rid of the Dept of Edu is a terrible idea. Red states/ the south will not put too much into the schools. The south rates last in education and now they won't even make the list.

[@MisterCynic18]

Don't worry us up north don't listen in school either, we're just lucky the Dems aren't trying to exploit our stupidity to hollow out the nation...yet

[@richalaresellers]

Remember all the little cartoon songs PSA "how a bill becomes a bill" they would run during Saturday morning cartoons. We need to do that again!

[@emilyarmstrong5706]

Schoolhouse Rock. Some of the videos are on KZbin.

[@craighightower4736]

I grew up in that era. When issue discussions come up, I've learned that peers still don't understand how such systems work. So for about half the population it doesn't take.

[@Lilmissrrt]

Not a bad idea and put it on commercials during the evening news, as well.

[@CarolROSALES-q1h]

They want the people stupid This is done by design. That is why they are going to eliminate dept of education and put religion in schools.

[@lillia2479]

🎶 I'm just a bill. On Capitol Hill. 🎶

[@cxw5412]

Absolutely correct. So many people this it's a TAX on overseas (eg: China or Chinese) companies!! In what universe can the US Government TAX an overseas Company.... It simply has NO JURISDICTION TO DO SO.

[@icebergrose8955]

That's why Mexico never built that wall.

[@leahrenea2709]

Thanks Jo!! Unfortunately people who are watching this already know. People who don't know, don't bother with learning

[@BobLyksett]

EXACTLY!

[@UR_behAviOr_iS_so_tch_hairband]

While I did have a general idea that the tariffs were not good, I could not have explained on my own the reasons. So, I watched this video to understand why. Many people will take the time to learn if they choose to.

[@RAconsciousness]

Now that the manufacturing point was explained I now know why he/GOP want to get rid of unions, cut healthcare , end the Chevron deference, end the EPA, change the DOJ, get rid of Overtime, aka Project 2025. They've already laid the foundation. We got a lot of work to do.

[@janellimarie]

👏🏽👏🏽👏🏽 Exactly.

[@melissaford717]

Ronald Reagan kicked it off back in August 1981 when the Air Traffic Controllers went on strike. He called it illegal and demanded they come back within 48 hours. They didn't and Reagan fired them all!! He even made it so that many never worked for the federal government ever again. That was the day my mother turned to me and said "This is the end of the middle class as it is known. It will be the rich and the working class poor from here on out". I was 11 years old in 1981 and never forgot it to this day. My union shop steward father from Philadelphia, home of the 1st labor union in America, is rolling in his grave. RIP Dad & Mom 😢

[@sdsultenfuss3276]

Thank you so very much! I can't understand why people don't get this concept!

[@lynneanderson4255]

The collapse of the public school system. People are no longer being taught how to think or how things work. They particularly don't know how their government or the economy work.

[@thedrunksaiyan2227]

​​@@MrEkzoticyes it did. It also bankrupted about 1100 farmers in 2 years and lost around 200k factory jobs

[@MrBig617]

This is just like the "Fight for $15" that all you boneheads were droning on about a few years back. How did that work out for the cost of products again? 🤦🏾

[@thedrunksaiyan2227]

@@MrBig617 it didn't happen, so it didn't affect the price of products at all

[@MrBig617]

@@thedrunksaiyan2227 It happened in New York. Cost of living increased too. Just as predicted. Funny how similar the right and the left are.

[@Jsbmetal74]

Trump: “We’ll have the best tariffs. Really, really good tariffs. Big, beautiful tariffs. You’re gonna love it. We’ll have the best tariffs.”

[@SilverAuntie]

Okay, I just found this. Simple explanation, delivered in a straightforward manner and, hopefully, no big words that Donny didn't understand. Utter perfection!

[@TheScottSistersSing]

Who are you kidding? Donny Dump doesn’t do big words over “tremendous”

[@SilverAuntie]

@@TheScottSistersSing True. He can say it, but I'm sure he can't spell it. Remember when he couldn't read "Yosemite" during a speech? He said, "Yoh-se-might"!

[@HelenCamile63]

@@SilverAuntie oh dear god, I do remember that one. I’m all for equal opportunity but we shouldn’t set people up for failure by hiring them for jobs they’re incapable of performing. donny could maybe manage…let’s see, not fries, not science or math or English or PE teacher…nothing where he has to walk down any ramps…not reading for the blind…not girls’s sports coach…how about stuffing envelopes?

[@SilverAuntie]

@@HelenCamile63 Just don't let him lick the envelopes. NOBODY wants his GERMS!!! 😨😱🤢🤮

[@PoliticanGaming]

​@TheScottSistersSing misleading and fake news as he uses "Tremendously" quite often.😅

[@jimstern4244]

THAT was awesome!!!!!! That was the most comprehensive nutshell explanation I’ve ever heard and if people can’t understand it,well I lose all hope for this country

[@ShadowAussie]

It's lost

[@kdog2646]

Well a ton of people kinda ignore relevant information not in this video.

[@carolbulmer8253]

This is an excellent explanation of tariffs! I’m an 80 year old female and I get it. However, there may be at least one almost 80 year old male who won’t get it. Can you guess who that might be?🤔

[@janusjones6519]

Most males don’t get it, its up to us women to make them

[@ameilliah3913]

He gets it. He just purposefully ignores it, hoping the majority of the population won't notice the intentional inflation from his bad business and "D" average in economics.

[@Pilotin74]

Carol, this explanation is greatly oversimplified and in reality a tariff is not a tax. She did a great job of oversimplifying the subject in an attempt to reach the lower education and intelligence of those she is attempting to reach; the maga orange cult. You can’t begin teaching them about macro economics and micro economics and the reason and effect of tariffs initially. Very sad‼️ 😢

[@danz58]

He may be 80 chronologically, but he's 9 mentally.

[@jamesharmon4994]

​@@ameilliah3913 You hit the nail squarely on the head.

[@Grimtheorist]

They also fail to understand that US manufacturing's competition is gonna be 20% higher due to the tariffs... so why do they think that US manufacturers won't just charge 19% more and still be "cheaper".

[@WOK-YT-handle]

We studied this in economics class in high school. I am always surprised how many people I know who have never studied economics at all… like zero, none, never.

[@floriom9644]

In the 80s it wasn't part of the basic or even elective curriculum in my high school ....probably would have helped me lots in life considering some of my life choices😧

[@acbower4468]

They work much the same way as taxing corporations in the US does…that cost is passed to the consumer.

[@abjectt5440]

Another problem is greed. Companies that will not be affected by tariffs will hike prices that amount and blame tariffs.

[@Facts_In60Seconds]

Facts! Love it. It doesn’t get any simpler than this.

[@Chels-fz5uq]

@@MrEkzotictariffs are this simple

[@selalewow]

​@@MrEkzotic the main purpose of tariffs is to increase the cost of foreign products to make local products more competitive price wise. If the product is not made locally then sell this does is raise the price for consumers with no cheaper option available.

[@Andre-zd8ke]

@@selalewow And even if there is a domestic produced alternative available, those domestic producers will usually use the opportunity to raise their prices as well.

[@kimberlygrace3866]

Thank you sister. My coworkers voted for Trump and they dont understand what a tariffs is. God they are so stupid

[@Anders1949-hof]

23 economic Nobel Prize winners recommend Harris' economic proposal, and none support Trump's economic proposal, most calling Trump's proposal a disaster. The economy is booming, with the stock market hitting new highs, 254,000 jobs added last month, and a continued fall in interest rates. In addition, wages are rising, inflation is under better control than in many other countries, and immigration is being effectively managed. However, the Border Act is awaiting congressional approval of the funding needed to improve border security. As a result, Trump resorts to familiar rhetoric about hatred, racism and falsehoods. Support the blue candidates in every race. Vote blue up and down the ballot.💙🌊🇺🇸

[@janusjones6519]

The US under biden has experienced one of the greatest periods in history. Vote trump if you don’t want this to continue, but vote Harris if you want CHANGE

[@ghostkid252]

​@@janusjones6519 I wouldn't say that. Covid broke us for a bit there and it didn't help that Biden inherited Trump's mess. But! Biden's done a fantastic job at cleaning it up. We're on the right track. Wages have started to outpace inflation which is why consumer sentiments are high and economic data continues to exceed expectations. Biden's an excellent president. We need to elect Harris to both continue and elevate his work.

[@theghostoftom]

If Harris recommended drinking water and Trump recommended drinking engine oil the MAGA crowd wouldn't stop talking about how they would "own the libs" and spite all the conspiring medical professionals.

[@GavinCooper05]

The same 51 former agents said hunters laptop was fake

[@nadinestates5310]

@@janusjones6519 If I could vote, I’d be voting 🗳️ Blue up and down the ballot… bc I know what’s @ stake. My daughter and granddaughter + myself would have no rights over our bodies. Please, for the love of your daughters, granddaughters and all females… Vote Blue & don’t allow this monster madness to destroy your Country , divide your nation by feeding you lies upon lies. In order to save your Country, you can’t go back . He wants to bring “Slavery” back. Listen closely, hear clearly and remember that through his “weave/weaving” of words . He is telling you what he plans on doing. Read between “his” lines learn to bob when he weaves. Hit him hard with your vote bc that’s your voice and power!!!🙏🏽🇨🇦🙏🏽🇺🇸🙏🏽💙💙💙💙💙💙💙💙 That is how America will be Great.💙🇺🇸🙏🏽💙💙💙💙💙💙💙💙

[@Supernivek80]

Thank you for explaining this in the simplest of terms. I’m stunned by the lack of education on this from across the aisle. 🤦🏼‍♂️

[@AllegrettoATempo]

Ironically, I couldn't figure out why the Republican party was supporting this policy when it would clearly and immediately backfire by worsening the cost of living crisis. What you said at the end of the video helped me realize their ultimate goal is in fact to get rid of unions, get rid of the minimum wage to reduce worker wages, and get rid of all environmental and health and safety protections in this country. Now I totally understand why they're pushing for tariffs.

[@acbower4468]

Well to be fair, The Biden Administration also has protectionist policies in the form of tariffs currently on Chinese EVs. The GOP dosent have a monopoly on this.

[@SeniorCitizen4Democracy]

You are spot on in your deduction. In fact, it is clearly stated in Project 2025 that this is exactly what MAGA wants to do.

[@Juan_lauda]

Ha ha - turn America into a poisonous hellscape. Ironically the republicans will move to China so they don’t have to live in a toxic hellhole

[@darcy5761]

A desperate work force is easier to control which is the republican goal.

[@SamLee-ds7fi]

If the US workers don't have to pay Income taxes their life gets way easier

[@Atrain34]

YOU KNOW THE ASSIGNMENT. So SAD the PEOPLE who voted for#45 DID NOT KNOW THE ASSIGNMENT

[@valoriebroderick]

Ahahaha love this!!!! Informative and funny!

[@frankmartinez2987]

Even simpler: “tariff” ➡️ “sales tax”

[@globalwarmhugs7741]

Not so. They refuse that explanation constantly. Nuance is not their forte.

[@jeanneganrude8549]

Kamala has tried to say this and they reject it because they need the full explanation. Even then, many MAGAts still won’t understand it. Heavy sigh!

[@seanmccartney5177]

Everwhere

[@frankmartinez2987]

@@globalwarmhugs7741 The explanation is not for the trump supporters but for those persuadable.

[@c.j.9141]

How boring....😂 This was a fun and informative lecture!!! Next, teach the Trumpers what fascism is.....doesnt seem to register, and KAMALA keeps pounding on the subject to no avail. They're just pumped at the promise of the cost of Fritos and white bread going down! Who cares about what ever that is called that Karmala keeps talking about....

[@globalwarmhugs7741]

Maga refuses to math.

[@KyrilPG]

Yeah they confuse the letters A and E... So they don't do math, but do the other!

[@RJM56]

​@@dwighthaberly1199 yes, because the international relationships, in particularly with China, that took ages to build up and kept tariffs low(er) were broken by Trump. Can't put the genie back in the bottle that easily.

[@ameilliah3913]

No, MAGA REFUSES HONESTY!

[@globalwarmhugs7741]

@@RJM56 Very well said. The uneducated are his favourite.

[@Pilotin74]

@@dwighthaberly1199- You never took basic economics macroeconomics and microeconomics in college did you? Did you ever go to college? Before attempting to appear intelligent know what you are talking about! Economics in government would have benefited you also. The Vice President does not control tariffs policy. Pitiful just pitiful, ignorance will be the end of the United States ‼️

[@DivineDissident]

Also let’s remember that tariffs would destroy small businesses that rely on imported supplies or goods. I get supplies and products from china that I sell in the US. If the cost of those go up say 20% I can no longer make a profit and then my business is over. Covid already caused import cost to go up because international shipping skyrocketed after covid and has never gone back to anywhere close to what it was like pre covid.

[@jorgee7470]

Retailers will pass that on. If a business operates on a 50% markup. And they have a product that costs them 120.00 20% tariff included. That item will be marked up accordingly by the retailer..say Walmart according to that retailers markup. So if an item is 100.00 and a 20% tariff is applied once it hits US land then the retailer will mark it up by what ever there mark up is. If it is 50% then the mark up will be 60.00. so now the consumer pays 120.00plus 60.00 that being 180.00 If the item is imported with no tariffs that is 100.00 and the retailer applies that same 50% mark up the cost to the consumer is 150.00 150.00to 180.00 and the consumer pays the difference.some to the government as hidden taxes and the balance to the retailer.

[@DivineDissident]

@@jorgee7470 theoretically yes, but at the end of the day some people might just not pay that much for certain products (especially if they aren't essential) and businesses will go under if people aren't willing to pay the higher prices.

[@cindyameln7906]

Awesome explained so simply anyone should now be able to understand! Oh wait....there is one I can think of who wouldn't.

[@jimmyaber5920]

But but but tax cuts. If you say tax cut I will worship him above all others....said 52% of voters

[@jenniesjourney6780]

Spot on. All tariffs do is increase the cost of the product to the consumer because as you said, the business isn't going to absorb the cost and decrease their profits.

[@seanmccartney5177]

Exactly why they exist............ What are the Tariffs America pay to France?

[@Andre-zd8ke]

@@seanmccartney5177 _"What are the Tariffs America pay to France?"_ Like, none at all?

[@munkymash]

Yes and this can encourage substitutes that are made in America, so the dollars we spend stay here, and we all make more money.

[@joebeezy9471]

You’re wrong.

[@Cletus-Beauregard1]

Tariffs are good

[@Kimberly-dt4ko]

I love the way she presented this. Even a moron like Trump should be able to understand it this way. If he can't, that's more evidence of him being unfit for the presidency.

[@Chels-fz5uq]

@@MrEkzotiche obviously doesn’t know! He’s a moron

[@jengsci8268]

@@MrEkzotic Or care.

[@thedrunksaiyan2227]

@@MrEkzotic he clearly doesn't

[@cobrakai388]

Bible Merchant needed a WORD (tariff) to sell to his deplorable 🤡.

[@ka9202]

Oh no, he understands. He just hopes he'll be back in office before the rest of his voting base gets it.

[@LynnMcbeth-hp4tb]

👏👏👏 thank you! Tariffs for Dummies people! It's the "Smart people get it" that killed me🤣

[@mnunez1618]

This should have aired on FOX the day it aired on KZbin. Trump didn't even know what it was. 😂

[@symbasmith3049]

Raising tariffs is ridiculously stupid. Working to bring manufacturing back to the U.S., in an intelligent way, would be wonderful. We are too reliant on China for our goods… (which is incredibly dangerous)… and, IMHO, I believe that is one of the reasons America has gotten into such trouble. People NEED something to do… to have pride in their work… and to understand the value of work on their mental and physical health. With more and more technology taking work away from human beings, I truly worry for us… and the world. 😕 But human beings most often do not do anything proactively. The worst has to happen before we will get off our butts and fix what is going wrong.🤦🏻‍♀️ Our first chore now, however, is to save our country and the rights of its citizens, by voting for a SANE person.💙💙💙💙💙💙💙💙💙💙💙💙

[@marykatecurtis9557]

Excellent 😊 but yes Trump,is too stupid to understand this at all VOTE 🗳️ BLUE PLEASE

[@jnmc-vx4fw]

I get your a liberal but read a book and stop listening to morons

[@Brian_Frey74]

Trump knows exactly what he's doing. He's not stupid. It's his followers that have no clue.

[@latrodectusmactans7592]

Many US citizens are about to learn what a tariff is.

[@Huhahuh-s2n]

Explanation is on point! Loved the side comments even more!

[@UnDaoDu]

This is a major cause to the inflation we have seen in America, why nobody is talking about it astounds me. Every time they asked about it they should’ve said well it was the tariffs that did it

[@antihypocrisy8978]

Kathleen Tai is inept

[@kevinbeck7007]

Probably because the Biden administration hasn't done anything to change the tariffs. They've kept the Trump tariffs. They say it's "under review". When the review will end is unclear. Probably after the first week of November maybe?

[@marcus813]

How Trump was in the White House for 4 years and still doesn't know how tariffs have us paying more is beyond me. Companies aren't gonna simply absorb the costs and keep it moving. They always pass it along to us consumers.

[@jnmc-vx4fw]

Try to read more. You do understand Biden kept 70% of trumps tariffs in place?

[@juniejams3729]

You're mumblings when erasing are 😂😂😂 killing me. "Smart people get it". 😂😂

[@barbaraschenk2426]

Thank you I didn't have a black board. You and your black board makes it easier to explain to others 😊

[@user-cw3lz2ts1r]

Well done and thank you ❤ this should be taught in schools, high school and collage ...

[@shenitagazaway2370]

It was taught in high school back when I was growing up. They took it out of probably most of the schools. They wanted to leave the American citizens dumb and uneducated.

[@kelly4connelly910]

Great video 👍

[@Kaff231]

THANK YOU for this video. This is so important. What’s insane is the fact the person who’s supposed to be governing a nation has no clue what it is. How FN scary is that! Better buy everything I want now before a pair of jeans cost $400 dollars!😂😢

[@Pilotin74]

Tariffs effect the price of parts that are imported that go into items that are built in the United States; therefore, prices go up on items manufactured in the USA also. I know this is too deep for Trumpers to understand although I welcome them to prove me wrong‼️

[@rayleigh8]

Many companies are moving out of China to other places because they can’t afford the tariffs. What trump speak of, actually works. When prices go up, fewer people buy, companies lose. There are other cheap places to move other than China.

[@SamLee-ds7fi]

The idea is to STOP importation of so much of everything and make things HERE so we can all pay people more and have more businesses and money that stays in the USA.

[@kaingates]

Outside of the "understanding tariffs" debate, I do think we should start the discussion about why we just accepted that consumers are the only ones who have to eat the increased costs. This isn't normal and businesses used to be expected to eat more the loss than the "outpricing certain customers"-meta we've been in since Reagan. See I'm not against an import tax; popular products manufactured outside of the US should and need to be taxed higher than normal products (because that's money *out* of the local economic pool meaning less government spending) but the increased pricing during an inflation crisis doesn't sound like sound policy-making.

[@CaraVerde]

No way businesses would take the hit for customers. They're not charity. If they should, they will cut costs by laying off workers, lowering wages, etc. Or, take off the business elsewhere.

[@eattherich9215]

Capitalism is the reason why. Governments inteferring in the 'operation of the market' is looked upon as a "Communist" move. This principle applies to all market economies, but America's particularly egregious take on capitalism is why nearly everyone suffers.

[@sherylhyatt3065]

And MAGAts cheered when trump said he'd put a 200% tariff on imported autos. Absolute morons.

[@lynnapgar4532]

Preach!

[@cmayo5659]

Too bad she didn't use that in the video!

[@zealousie]

Is there really nothing good about him doing that that you can think of?

[@gDiniM]

​@zealousie there is absolutely nothing good to come of that. They make better, cheaper, and more reliable cars and to tariff those so much that they will stop exporting them to us just makes us have a smaller market where the demand for US conapnies will go up and cost more as well. Tariffs are a lose-lose. The bigger the market the better for the consumers.

[@sherylhyatt3065]

@@zealousie You tell me what's good about higher prices?

[@bernadettereyes9619]

I dont know how these people who voted for this guy and didn't know what a "Tariff tax" is? Even the young college students who voted for trumps tariff tax plan, this shows they didnt pay attention to history or economics class. You did a very good explanation of it.

[@asheronwindspear552]

Well presented.

[@DragonJ-ui9gg]

Yeah I’m not sure why people don’t get this but I think you explained it pretty well. Love the sarcasm to its great

[@sputnikmoonchild]

I love this woman!

[@robertoacevedo6247]

Clear as water ! Thank you!

[@stephenbyrne914]

Should also be noted that if there is say a 3% tariff imposed on imported goods, the importer is not going to simply charge the customer an extra 3%. The importer has to do extra work in accounting for that tax so is therefore going to charge the customer more to maintain their profit, ie a 3% tariff will most likely result in the customer paying 5-8% more than had there been no tariff or tariff increase.

[@EricaGamet]

And isn't he pushing for 20% tariffs to start? Please don't let this man near the government ever again... just go play golf, dude. Oh, that prison thing... oops!

[@kylesawkon4074]

There’s a lot of butch haircuts in this comment section

[@jnmc-vx4fw]

Dude , Biden kept trumps tariffs.

[@bluenosemum]

You forgot to mention that if you wanted to raise tariffs to create US manufacturing jobs, it would take YEARS to replace the overseas manufacturing capacity. It won’t happen overnight.

[@munkymash]

It's worth it. Only those with disposable income will buy the premium foreign products, the rest of us will continue to buy American at the same price. After drill baby drill, the price will even be lower.

[@juvwon]

​@@munkymash👌💯

[@BizQAC]

Makes room for local businesses. Why do you want to only buy from companies that use slave labor?

[@moryt.920]

Wow, Trump will create job security. Get a job.

[@Noconstitutionfordemocrats1]

Yes. Fixing a car can take several nights. Sometimes weeks. That's why you plan ahead.

[@steveA123]

It to mention that the raw materials we’d need to import into the us would also have a tariff imposed on them, so manufacturing in the us costs even more as a result

[@angelacorey5699]

Just had this conversation today with anice man at a restaurant. He thought the foreign nation was paying the tarriff. So now we have a Fox news caster as Secretary of Defense and Matz Gatez as Attorney General! God help us all!

[@MarkNelson-q5m]

She could be my sister. This is how frustrating it is to explain simple concepts to the uneducated 😮

[@darcy5761]

Not the uneducated. The willfully stupid.

[@AngelicAlchemy888]

Brilliantly explained!!!

[@TheLeijosa]

She left out a key point at the very end! And that this will drain the money held by the middle and working class and it will go to the top 1%, all those billionaires that just won the presidency.

[@MartianManhunterDC1980]

Republican socialism for the rich destroyed America, all while they taxed us to death for it nonstop from Reagan, to Trump.

[@amberlynolsen7305]

THANK YOU!!!!! OMG! This is why education is important!

[@PippiLong1]

Tariff/Tax$ is given to the importers which in turn, the importers pass the tax$ to the receiving business then pass the tax$ to the consumer's. 📝

[@jnmc-vx4fw]

Not how it works

[@manmonkee]

AND when you put a tariff on a countries products they put the same tariffs on yours.

[@c.j.9141]

AND, Trump WILL bust unions, lower wages, eliminate health, safety, and environmental protections. That's the plan, Stan!

[@darcy5761]

True,he's already said he will do all those things.

[@teeellecee]

It's all spelled out in Project 2025

[@wintermoonomen]

Who's Stan?

[@azkaktus]

You are definitely watching too much propaganda. And as far as I can tell it works on you

[@boomerhgt]

Absolutely brilliant

[@kensmith7586]

You go, girl!!

[@LakesideLisa1]

Gosh, that was good! 🤙🏼 Wish I had a teacher like you in school!

[@James-m7o]

Well I just got a comment on this I like you you're pretty freaking cool. So you broke that down so simplistically I think even the simplest minds of America most likely understand it. I hope they watch this and they finally figure it out. Thank you for this video I already know all this that's cool but I had to watch it and once I got started I couldn't stop I like you so much you're cool.

[@SeniorCitizen4Democracy]

Unfortunately, the people who need to see this video don’t watch this channel. 😢

[@ajparker5440]

It's astounding that people DONT UNDERSTAND this basic principle.

[@l.joyhartwell3764]

They claim they want all the money, small government, free housing, no taxes and lower prices, yet, the vote against themselves!! "PRIDE comes before the fall!!" VOTE 💎💙

[@derrillyager7946]

It is simple .. they lie..that is how a con-man does business... they commit fraud... a crime against the people..

[@MargaritaNelson-cv3se]

No way Jose ! Nothing can be worst than this administration. Harris has done nothing in almost 4 years for our country . All but lies

[@valardeeedeyosuri9851]

😂 All Facts!....now say it again for the people in the back!

[@Madison-qd9qt]

I love this video. The sad thing - the folks who really need this video are not the ones watching it.

[@sandrainontario6710]

I would have liked to see something more flat in tone with this information that I could send to some of my family. They would immediately turn this off.

[@NeversurrenderMM66]

I'm sending this to the cult sheep I know. It just may be simple enough for them to understand.

[@lmw1173]

Absolutely loved the way you taught those that had no clue that tariffs are a tax each individual pays. I hope they get it soon!

[@guera7883]

Don’t forget about manufacturing jobs in the US who buy raw materials from overseas who now have to potentially cut bonuses from their employees or even cut jobs themselves in order to try to survive the tariff increases. Not to mention the actual jobs at docks, transportation centers and supply chains. Or all the businesses who now have to raise prices for consumers, who may not be able or willingly to pay the tariff taxes on products, which may cause the company to cut jobs or go out of business altogether, putting more and more jobs at risk. Meanwhile, the net worth of Trump, Elon Musk and other billionaires has already increased, and he’s not even in office yet. Good job America. Trump really played y’all, the long way. All you had to do was one google search. Smfh

[@ManpreetSingh-gz1bw]

Unfortunately if people choose to elect Trump, it’ll be too late to correct the mistakes. Go back in history n see what happened in Germany..

[@jnmc-vx4fw]

You do understand under Trump there were no wars, $1.87 gas, groceries were 50% less , mort rates were 3% and immigrants were at an all time low ???

[@bobheiser4223]

Awesome job! But you KNOW there are going to be people that say, "Nuh uh, 'cuz Donald Trump said it wasn't!"😂

[@debbiedavis-polimeni5785]

Excellent video. This needs to be seen by more people. Brilliant 👍

[@chrismagnussen4304]

I don’t think the people who need to see this will see this.

[@kittsumiiplays1525]

Unfortunately, this is probably true. And anyone who needs to see this that DOES see it will come in and say "erm actually this is all wrong. nothing trump could ever do could possibly cause inflation"

[@brianarthur6199]

You are so right... 🙄

[@MrEkzotic]

I hope nobody sees it, because it is highly misleading. It is true at its most basic level, but she missed a lot of critical inputs. Not to mention, she admits to not caring about the environment and slave labor when it's happening in another country.

[@asheronwindspear552]

And like with Mr. X troll here. Hearing does not equal understanding.

[@jeanneganrude8549]

@@asheronwindspear552😂🎉

[@egypt9723]

Thanks for the 101 Ed on tariffs👍 now I can explain that to others😄

[@Tennesseemomtho]

This should go viral.

[@evilfingers4302]

I'm not even a business owner and I even know what a Tariff is and what is involved and who gets Screwed in the end.

[@diannekoca5836]

DJT DOESN’T know what a tariff is.

[@manujohn99]

He DOES know what it is but he does not care even though it will deeply hurt us on our pockets.

[@nomsacpt]

It's his favourite word 😂

[@benu_bird]

He knows exactly what it is. He knows that he has a voter base that believes whatever he says. I’m sure that if someone told them this exact same thing, they’d say it was a Marxist, college educated lie. That’s why he loves the “poorly educated.”

[@perfumechocolate8853]

He still thinks that political asylum means people brought from “insane asylums” 🤦🏻‍♀️

[@Tiffany-Rose]

I want them and Katie Porters White board to teach all the things to all the people. 😁👏👏😄

[@julindahiggins1582]

Sadly no more Katie Porter 😢

[@WarnTwice]

💯 Correct.

[@susanpacheco976]

Tariffs 101. trump's supporters should have taken this course BEFORE voting.😟 Remember, if something is worth fighting for yesterday, it will be worth fight for tomorrow.🇺🇲💪🇺🇲🤜🤛