Tariffs Explained: Country vs. Company Perspectives

[@JamesRamey-r8u]

There's never been a time I haven't been impressed with the way this guy is able to break things down and analysis

[@ivancampbell8123]

You know what tariffs are????

[@friedpistachios]

@@ivancampbell8123 Do you know only 1 question mark was necessary? (see?) It also would have made you seem more like an adult.

[@gayleprice5016]

Wicked smart!

[@nodabot]

He didn't even answer the question.

[@Siksika925]

​@ivancampbell8123 Seriously, why did you use 3 extra question marks? Wait, you see others do it on the internet, and you believe that's how you communicate?(???)

[@frankb5985]

The more I hear Vivek, the more I like this guy as a potential candidate.

[@maccusmc]

Lmaooooo

[@jonkeau5155]

Vivek and JD Vance were Yale classmates and friends, both are extremely smart!

[@0651sgt]

Lmao he’s a slimeball hedge fund manager

[@PatHetian]

No one can run while people are foaming at the mouth for Trump though. He is like an unskippable ad.

[@ivancampbell8123]

@@maccusmc Read the Smoot-Hawley Tariff Act of 1930 higher tariffs was try before and did not work during the economic depression

[@jiminykripes4937]

Please keep this man and his family safe. He is an incredibly wise person who can give you an explanation you can understand without intimidation. He's got the right stuff in a lot of areas

[@ivancampbell8123]

Read the Smoot-Hwaey Tariff Act of 1930 higher tarriffs was try before and did not work during the economic depression

[@ivancampbell8123]

Read the Smoot-Hawley Tariff Act of 1930 higher tarriffs was try before and did not work during the economic depression

[@suew4609]

@@ivancampbell8123Look back at 2016-2020, and see how Donald Trump made tariffs work for our country!

[@Warden033]

Vivek is a slime ball

[@suew4609]

@@Warden033 No, I think he’s honest, he just seems like a used car salesman at first!

[@JP-iq7pu]

That last part about regulations is EXTREMELY important.

[@jakethesnake2x]

yeah i guess American companies can't live up to other countries standards and quality, so they then run and cry to goverment to apply a tariff.

[@habibbenouaghrem5147]

But the thing is he dismisses the countries that we bring shit that we need and apply to them tariffs 😂😂 he applied tariffs to african countries that we need in our foods but no american company can produce it, so some foods skyrocketed in 2017-2020, it was the healthier products just to protect Big food and robert kraft 😂😂😂 I want someone to say that kraft produces good healthy food for america 😂😂😂 You can't because Trump bend over to Kraft 😂😂😂

[@mikeottersole]

​@@habibbenouaghrem5147 Let's not pretend that many people in government aren't in bed with Big Food, like Kraft, and Big Pharma, and the Mil Ind Complex, among others. It's both sides.

[@jennycheeks9215]

@@habibbenouaghrem5147is this for real

[@aelius_audio]

@@habibbenouaghrem5147that’s going to have to happen if we’re to be close to self-sustainable, can’t rely on everyone else for anything in our daily lives, why would we as a country

[@slanphere4]

You see, you have to ask the question by framing it correctly. You also have to ask the right question to get a comprehensive answer. Two great guys here.

[@billybtw4155]

And don’t interrupt when they say something that you think is unrelated. These guys are brilliant enough to veer off and explain, but still come back and use that explanation to give you the full answer. Most of the time, the mainstream media clowns jump in and don’t let you finish the full thought

[@wilba1964]

No he is trying to backtrack what diaper donnie said

[@danchristopher7957]

In a room filled with brilliant people Vivek will shine the brightest.

[@iknowaguy9677]

Your a special kind of stupid 😂

[@Tom-t4f4g]

Vivek. I can’t wait for you to get your shot at the top man. I’d 100% vote forever this man

[@leopillay3690]

He's an Indian and Trump is a racist , he will never get a shot while he is around.... Trump choose JD Vance over Vivek Ramaswamy, so I pray and hope Trump loses ....

[@Rowdycons]

Vivek is what America needs to get great again.

[@brendathomas7173]

No...WEF, Soros $, Pd to have his wiki scrubbed. He's memorized Obama's speeches...go and listen.

[@66korean]

Wake up!!!! America has never been great.

[@jwbjpb1338]

LMAO. He’s an idiot

[@MusicforMe123]

Vivek is very inclusive in his decision making which is what you want in a person who is in a leadership position. He is also an exceptional educator. He breaks down the entire question into different components then collectively reasembles the different parts so that you have the complete knowledge of the process when you get his comprehensive answer.

[@MailGoogle-v7b]

Couldnt agree more than that

[@Dr.Smackadoo]

Americans pay the tariff, not the exporting country. You people have worms in your brain. kzbin.info/www/bejne/iKe7qmmPbNd1jqMsi=uiGCFkc2FlJABLD6

[@johnbrowniv]

Vivek has a great future. Excellent communicator

[@ginab2689]

I admire that he can always see another perspective & explain it fluidly

[@sm5924]

He is so incredibly smart and easy to talk to . Great question!

[@ivancampbell8123]

Read the Smoot-Hawley Tariff Act of 1930 higher tarriffs was try before and did not work during the economic depression

[@holdem5180]

yue stoopid

[@tonygarcia5729]

You will be paying more for everything 😅

[@greeneredgellc]

He did not answer the question of tariff on a company

[@tonygarcia5729]

@@sm5924 Easy to talk?he won't allow you to say one word😅

[@matttwell5264]

He can make the complex simple, its a gift and he can explain policies at a level people can understand and make their own decisions off of.

[@casmatt99]

Exactly. Conservatives need to have everything dumbed down for them because they ridicule education and are utterly ignorant to the complexities of public policy.

[@Mister.315]

We need to hear Vivek more often. Clear explanation of these initiatives is what has been needed for decades. This will increase trust and confidence in our government.

[@lisagnzlz]

This Guy Is a REAL GEM for USA🇺🇸❤️

[@BaileyDBeetle]

Truth @ Vivek.

[@mattmcin]

Many ways to apply those tariffs. Agreed. A business person needs to run this. Not a career politician.

[@shakaguinyard6959]

Businesses are the ones making the decision to offshore. Trump himself did this.

[@gabrielpadilla2583]

yea specially a guy that knows that can declare bankruptcy on every business that he owned and declared bankrupt to take advantage of tax loops to benefit himself??

[@leonardlachance4857]

@@gabrielpadilla2583means he knows business well thanks for supporting the argument

[@shabazz360]

@@gabrielpadilla2583he’s declared bankruptcy 6 times in his life and currently owns 500 companies in total. Break out your calculator for us and figure the rest out,

[@RebeccaTouchstone]

Truth! So sick of politicians!!

[@paulnieves-o7q]

he just explained perfectly what the democratic party falls to realize. Mark Cuban should be taking notes on this

[@ivancampbell8123]

Tarrifts are taxes you fool

[@11CaptainKirk11]

You're a moron just like donald Dump

[@landspeed2015]

Seriously!? 😂 He's LITERALLY speaking fluff. He said NOTHING! Y'ALL SO GULLIBLE.

[@WillyJWill]

@@landspeed2015he completely mischaracterized trumps tarrif proposals as equal playing field. Trumps want it across the board for shit we will never make in america

[@gguckmfguyiijh]

Maga is so dumb, as long as you speak confident they think you are right. Try doing some research.

[@ashleym8346]

Thank you for explaining that!

[@Ownedby]

Oooh, thanks for asking this question, and answering it!

[@ktw5141]

Youre welcome

[@dr.skipkazarian5556]

Vivek...Trump's "love child" via Ivanka.

[@tecshonin1644]

​@@dr.skipkazarian5556 bless your heart man. Corrupt thoughts have perverted your mind.

[@FlashForward76]

Tariffs aren't meant to generate revenue. They're meant to promote domestic production. Tariffs are inflationary, they don't reduce prices of anything. Putting tariffs on a country because they have one on ours doesn't achieve anything.

[@ivancampbell8123]

Read the Smoot-Hawley Tariff Act of 1930 higher tariffs was try before and did not work during the economic depression

[@LorenIpsem]

When he first launched his presidential campaign, he was anxious and on edge in interviews-and I found it unsettling and worrisome. He’s grown into this role, however. He’s confident, articulate, and smooth. The Republican Party has leadership on the bench for two decades.

[@SusanDabbah]

Vivek is smart and it’s good that he’s with the Trump/Vance team. He has a bright future.👍👏🇺🇸

[@leopillay3690]

B/ shit , he made the biggest mistake of his life been with Trump , Trump is a racist otherwise Vivek Ramaswamy would of already been his VP choice...... Viveks good name is going to go to the gutters because of Trump....

[@hemchanddurball5229]

Is Vance smarter than Vivek? White privilege won out. Vance is an empty sack

[@vinor3846]

Vivek is capable of leading USA and elevate its image globally. What a brilliant and a wise man.

[@mihaie1339]

Vivek is a very smart Man!

[@chard1928]

Listening to Vivek is just like Listening to the Greatest Musician!!!

[@sammcbride2464]

It is not just Company vs. Country. It is about product category (or type). There is also a difference between tariffs and price fixing. For the latter example, we did not place a tariff on sugar that would have impacted Australia, we set the minimum price that companies inside the US could purchase outside sugar to the price that internal sugar manufacturers could make it. For the category example, China has an extreme tariff on US made cars. It has basically banned US made car brands. They will buy German made cars, but not US. Trump should either set the tariff on all Chinese made cars so high that it would be more than a Tesla or just ban them outright. That is finished product. It can move down to things like solar panel components, batteries, and electric motors, etc. that are used in a finished product that is assembled here. China will be smart about this and work with Mexico or Canada to try and circumvent this high tariff.

[@RK-bz7hb]

His clarity is his greatest strength

[@ChilledSon]

Vivek is so good at explaining things, and getting to the point. He sidesteps all the silly games and actually discusses economics and policies.

[@sharathshivashankar2419]

What a guy! Vivek’s knowledge on so many diverse topics is astounding 😊

[@Waylonvalnes]

VERY SMART INDIVIDUAL

[@Alex-ne1xj]

It’s amazing how two businessmen turn out to be amazing leaders! Our country is a business and it’s about time good patriotic businessmen lead America!

[@wadearmstrong9892]

Vivek is a very interesting and intelligent man. He is playing 3 Tier Chess while the rest of them are playing Chinese Checkers

[@gaminggravity360]

Trump, JD Vance, Elon, and Vivek are going to play 3 tier chess, while China and other countries are playing checkers.

[@djcamo13]

Very smart..love this guy ..we are getting young smart Men snd women in charge..great job Don

[@greghorn5852]

Vivek...smart man.

[@chrisd8006]

This man *IS* the full package...I can totally see Americans voting for him

[@Mary-zt8yr]

I like this guy's ❤

[@bobbarker171]

You should see his 🍆

[@edwardcrawford7368]

I am really impressed with Mr. Vivek Ramaswamy, he has a very good handle on economics nationally, and internationally!!

[@jamesp.3951]

Sometimes the threat of a tariff is enough to get companies in other countries on board. That is why you have Hondas being made in the USA. They avoid tariffs and employ American workers.

[@TruthFreedomTV]

Please explain the trade war between US and China. How does an “even playing field” apply here? How would tariffs lower the cost of goods for the local (USA) consumer? And increase job growth?

[@pragmaticdreamer3163]

People don’t know the answer to that. They will know it when these tariffs are first imposed & then the subsequent results based on those tariffs will determine if Trump is right or not

[@fr89k]

Luckily for most people, China isn't so cheap anymore anyways. China is getting expensive and the cheap production lines are relocated to other Asian countries, so putting tariffs on China MIGHT not have such a huge impact after all and MIGHT keep the production of high value products in the USA. However, if you are also putting tariffs on Malaysia, Vietnam, Indonesia, etc., than good luck...

[@rr148]

I really like him. 💯🇺🇸. America needs people like him. He is a living example of the American dream. I would vote for him in the future. MAGA

[@abba3629]

Always love your Podcast.👍

[@Michigan_dad]

I hope one day I get to vote for Vivek Ramaswami as president. Man is my age and I’m rooting for him.

[@HrDKnockLife]

Wow Thanks for explaining this in Laymans terms. Love ya Vivek but DaYuM!

[@HrDKnockLife]

@@Jay20Zee I appreciate the explanation but I don’t have a answer to your question. In fact I never asked a question to begin with. But again I appreciate the explaining in terms I could understand. ✌🏽

[@Mario_RX7]

Between Trump, Vance, Vivek, and Elon,(I’m sure I’m missing more) they are going to straighten this country back into shape and I’m absolutely ready for it.💪

[@jamesthompson8133]

Smart man! He’s one of the good guys!

[@antonellal7827]

Love Vivek from day one.. I wanted him as a VP. I pray that he'll play an important role in MAGA

[@zakadam154]

Yes protect American companies

[@jakethesnake2x]

Exactly because they can't compete on quality.

[@zakadam154]

@@jakethesnake2x regardless, cos American interest must come first

[@jakethesnake2x]

@@zakadam154 But then all the other countries raise their tariffs to counter, and the American consumer just pays more for all the original goods and bunch of other American businesses suffer due to the new tariffs from the other countries.

[@zakadam154]

@@jakethesnake2x The American consumer is already taxed to the hilt and the money is paid to corporate companies and not into social projects. American are the cash cow for special interest. Still better than living in China or Russia or India or Brazil in a BRICKS state

[@stringmonkey568]

This man is brilliant.

[@hemchanddurball5229]

He didn’t answer the question. Listen carefully, this man is so slick with words

[@0Damian0]

I don't know if you seen but Walmart said they are going to raise their prices because of Trump tariffs I don't believe anything this guy just said

[@dhpat805]

Obama came off as a smart guy, but Vivek is a real-life smart guy, who actually ran a business. Big difference. We have lot of smart folks in the US like Vivek. Go USA!

[@datrout744]

Tarrifs dont lower prices, history has shown this time and time again. There is nothing stopping the company from pushing that cost onto consumers.

[@FrankLee-d6y]

It disincentivizes taking jobs and shipping them overseas. It’s not about forcing prices down. That will happen with the free market but it needs to start with protecting Americans. The job of the president is to make life better for American citizens

[@datrout744]

@@FrankLee-d6y American jobs arent going anywhere, if the goal is to create more factories then tarrifs are the worst thing you can do. There isnt really a company out there that doesnt rely on either imports or exports on some level. Remember the tarrifs trump put on china? That killed our soybean exports, farmers were furious with trump and he wants to do it again. If you want to incentivise American businesses and to get jobs in America then the best plan is to make business cheaper and more available, tarrifs do the exact opposite.

[@MarkValascun]

Decreasing the price is NOT the point. It’s supposed to increase the price of selling parts from specific countries who are undercutting via low price labour and poor quality. So the idea here is that American made was getting beat by Chinese made because of the price. So increasing the tariff on them gets more manufacturing back into America and makes money for the American economy if Chinese gear is sold aswell.

[@robertcalef4242]

@@FrankLee-d6y Tariffs and free markets. You have to pick one. Tariffs also prompt retaliatory responses from the home country of the manufacturer in question. They also create inflation as the cost of goods goes up, and then you'll unemployment go up. Think this through.

[@datrout744]

@@MarkValascun again this misses the point. It doesnt matter if we are manufacturing it in the usa if its not profitable to sell. Materials, and food are the things that will be getting hit by these tarrifs.

[@DanielFarrell363]

Natural born leader right there. I love Vivek.

[@lilywilliamson724]

That guy is damn smart!!! That's what it is is! China government playing this game for thirty years.

[@bernadetemanning346]

He is extremely intelligent. 👏👏👏👏

[@gabrielpadilla2583]

yea but this guy still missing that the one that end up paying the price is the consumer at the end ?

[@Tim1978-w8h]

That is the point- to force consumers to buy local. You then have companies then able to compete. Over time you then have those companies who moved their manufacturing elsewhere return home because it it cheaper.

[@gabrielpadilla2583]

​@@Tim1978-w8h please explain to me how can you force customers to pay for items that are overpriced because of the greed of companies that moved their companies out of the country for lower labor but yet those companies are American owned that infrastructure is already long gone on this country to restart at this point in time when most likely AI and robotic technology would make human labor unsustainable???????

[@robertcalef4242]

@@Tim1978-w8h All at higher prices. So all the crying about inflation hs been BS? Because this will bring more of it.

[@Kyle-ij9zv]

The issue would be that we don’t currently have the ability to produce enough goods for everyone to collectively say “I’ll only buy American now”. If you got rid of Chinese goods the store shelves would be nearly empty

[@Kyle-ij9zv]

@@mikepitamber6226 yeah there’s just nothing positive that can come from tariffs at that level. It would just be inflicting pain on the economy and consumers with no upside. Maybe if we started getting American manufacturing going first and then phased in the tariffs slowly and had them increase slowly over years that could work. But all at once with no planning before hand is how you start a recession and cause everyone to lose their jobs 🤷🏻‍♂️

[@gailconlon9507]

OH!! VIVEK !! YOU ARE SO CORRECT! BRILLIANT ⭐️⭐️😘🎁🔥❤️⭐️

[@kevink3975]

This man should be president! Hopefully soon

[@zugzug9969]

Vivek definitely after DT... But can you imagine Tulsi Gabbard after DT... I love them both... and I am not even from ....

[@deep_singh8055]

FDJ6+P2025Trumpturd💩

[@deep_singh8055]

Sure 😵‍💫😱 why not Don-Old ➡️ Vivek ➡️ Tulsi ➡️ Don Jr ➡️ Eric ➡️ Ivanka ➡️ Barron ➡️ to another Trumpturd💩 not born yet, sure why not. Got it ‼️

[@brethomuel786]

He really shouldn't. He forgets the obvious fact that the cost still gets passed on to the consumer.

[@WillyJWill]

lol he’s an anchor baby

[@sherlockholmes882]

Great. Free market works as long as it doesn't hurt America's interest.

[@picassopete3766]

45's tariffs drove up our trade deficit. Top economists have looked at his new proposals and said it would cost the average American household $2,500 a year more since companies would just increase prices.

[@robertcalef4242]

His tariffs also got China to retaliate. They decided to take their huge demand for soy bean elsewhere, and that crushed the US farmer to the tune of 250,000 farmers either out of business or bankrupt.

[@chrisjones9641]

"Top Economists" The same ones advising a 35 trillion dollar indebted country. Clowns

[@rozieb2741]

The current administration is costing me $1,200 more a month than Trump did last time. I will vote for the monthly cost savings of a thousand bucks. You people are brain dead Lemmings.

[@RJ-nz5jn]

I think that most people don't realize the consumer ultimately pays the tariff.

[@NemoBlank]

We had protective tariffs for 183 years and the middle class thrived. Your lying billionaire globalists and their paid mouthpieces have destroyed that prosperity.

[@bige9830]

In order for tariffs to protect american manufacturing, we have to actually make something in this country.

[@GeraldBeagan-ee6se]

But we still cannot compete because of necessary higher wages and foreign nations have also the tech advantage

[@fernandomachado1728]

Other nations do NOT have a tech advantage over the US. The only one where you could MAYBE argue that is Taiwan with its chip manufacturing. Taiwan is not applying idiotic tariffs against the US. Also, our necessary higher wages are a lot lower than other countries' wages in the developed world, but astronomical compared to China's slave labor economy. I don't think we WANT to compete with China on terms of wages.

[@brettkowalski]

Shows the failure in our liberally controlled school system doesn't it?

[@DonnieKidd-o8r]

This guy is the next president

[@analizafujie2692]

Vivek is awesome! Brilliant.

[@99FXR]

We have so many un-Americans in our country right now. This won’t make sense to more than half of them.

[@robertcalef4242]

That's the dumbest post I have read in a long time.

[@reuben5456]

this maybe the dumbest shit ever

[@48georgie]

Real eloquent . It's like he's saying if you get cancer in your pancreas it's better that your colon .

[@GoldenPiggy56]

I really hope this dude is the next president in 2028. I wanted him to be V.P instead of Vance but this man right here just has it.

[@williamadams1235]

Even playing feild would be a good start.❤

[@Friends1st-xw7dv]

Vivek should be our next president in 2028. I do like Vance but this guys is just mesmerising

[@Sundaydoug278]

Even we do even the tarrif rate with other countries the price of the product is at risk of increasing for the consumer. Which could adversely affect consumer sentiment

[@0Damian0]

I don't know if you heard about this but Walmart said they are going to raise their prices because of Trump tariffs

[@_RA108]

Dedollarisation is the actual level playing field amigo 🙏

[@sharonwittmayer1221]

Thank you Vivek!

[@hanspbucher2067]

This man is on another level of intelligence

[@markrogers3438]

Vivek Ramaswamy got next!!!

[@thomasmiller6233]

Can you even imagine Kamala Harris dropping an answer this informative and intelligent??? She would have filibustered the heavens out out that question!

[@Colt.evans0824]

Could be a good future VP! Maybe we’ll see a Vance and Ramaswamy team in 2028

[@tapperguy2024]

Vivek is a very smart guy.

[@deanmarten]

He's very bright.

[@juson4267]

Clarity of thought.

[@liveinthepresent219]

I really would like to see Vivek as President of the United States down the road preferably in 2028.

[@deniseberry2446]

He is amazing I just learned something

[@jjr6929]

Tariffs ... ...vs a country ...vs a company ALSO ....vs a specific product

[@ronniemetcalf6382]

Good answer to an unimportant question. How are tariffs a positive for ANYONE. We can’t start manufacturing chips tomorrow. So, who gets hurt? Everyone. Who gets helped. No one.

[@gretchengreco4924]

Thank You for proving that President Donald J Trump is every bit Intelligent, and an Incredible Businessman!! All these young Men have learned so much from Him!!!

[@KennethBlackman-z7h]

Well explained thank you .

[@robertstivason8400]

I'm from Wisconsin now living in Thailand are Goods have a high tariff on them and cost double. I'm also shocked in the US and found Thai Goods much cheaper than our Goods in Thailand I'm with Trump and you need to share this to all who will listen thank you Mr V and re-elect Donald Trump

[@dieterhauer8619]

Vivek forgot 1 additional thing... Trump recently told an American car manufacturer... "If you move your American plant to Mexico... I will place a 35% tarrif on your vehicles that you try to sell (from Mexico) to US consumers. THAT is also very appropriate & since it was done BEFORE executives did anything, it was very effective, saved many jobs & greatly minimized any potential financial damage. Smart move. BTW - Other countries do this!

[@notathome13]

Tariff = laziness and usually from the incumbent country….. levelling the playing field is what is needed not slapping a random tariff and expecting a better outcome to end consumer.

[@giekie2845]

The approach analytically for the rich to get richer. All these are scenarios that will impact tremendous economic growth whether right or wrong. WHO WILL SUFFER THE MOST ARE THE MEDIOCRE OR THE POOR BECOMES POORER. TARIFF IS PART OF A REVENUE GENERATING INCOME OF US TO BOASTS ECONOMY TO HELP INDUSTRIES AND WORKERS AT THE SAME TIME CREATES UNEMPLOYMENT… WHICH IS NOT SOMETHING FOR COMPANY PLAY FIELDS LIKE PLAYING A ROULETTE. THE COMPLICATION OF TARIFF COMPLETELY AFFECTS MANY LIVES… SO IT IS NOT A MONOPOLY GAME FOR A COMPANY PLAY FIELD… WE ARE TALKING ABOUT TAXES IMPOSE FOR THE GOOD OF THE COUNTRY NOT FOR THE PROFIT OF RICH PEOPLE COMPANIES… IT IS NOT ABOUT BEING A BRILLIANT IDEA OR ANALYSTS BUT HOW IMPOSE TAXES BENIFITED THE HUMANITY’S WELFARE. IT IS EASIER FOR THE RICH… WHAT ABOUT TO DOMESTIC BUSINESSES AND WORKERS…

[@Super11141988]

I'm from India and I agree. Our government puts 100 %tarrifs on American made products and I think American companies need a even play field and they should also charge 100 % tarrif on Indian made goods. Everyone deserves even ground so innovations at low cost can be achieved

[@Whattt42]

India appears to have an extreme economy. You’re either rich or poor. We have a lot of immigrants here from India who send money home. I do NOT want America to become the next India.

[@Super11141988]

@ I think America currently has the same issue. Rich are ultra rich & poor are sleeping in tents. Plus middle class is dying it’s slow death.

[@slyfish]

I’m impressed with this guy

[@liquidmagma]

Yes, this. Applying obstacles to free trade by other means just to not call those actions a "tariff" is a sneaky way many countries have done it. Democrats are particularly good at this kind of back-door taxing and regulating.

[@RibicaRivers]

Tariffs are great ideals if no other factors exist but not practical when applied.

[@lloydritchey]

Vivek is correct, but STATE SUBSIDIES are perversions of the market which obfuscate the "level playing field" that's desired. We would be correct in criticizing China, for example, for doing this, but it's something we do extensively as well.

[@ai8438]

Pardon my ignorance, but doesn't high terif means higher indirect tax on American people?

[@TheSpartan3669]

Yes

[@danielmcdougall8388]

No. Trump threatened Chinese car manufacturer with tariffs as they were planning on building a massive manufacturing plant in Mexico that would have bankrupt US car manufacturers. If they add the cost of the tariff to the car that would make them more expensive then American made cars. Then no one would buy Chinese made, they would just buy American made. China does not want to miss out on the biggest market in the world. So their only option is to avoid the tariff and start manufacturing in the US making US jobs and more taxes for the government. China stopped all plans to build in Mexico. Japan owned Toyota have 11 manufacturing plants in the US soon to be twelve. It’s not impossible to build in the US and still turn a profit.

[@gerardothielen4310]

He didn’t answer the question. A tariff imposed upon a specific company or sector is either because of dumping or subsidy practices. A tariff imposed upon a country is a totally different matter.

[@mfox6450]

Ultimately the tariff that is imposed becomes government revenue. Very rarely does it go directly into the industry that is causing the consumer demand in a foreign country, that placed the tariff in the first place. In some instances, there are grants and subsidies that are created for specific product lines, these would be seen as solar panels for rooftops, pink bats for ceiling insulation, healthcare products, and services, water buyback schemes, and like most governments, wherever a within arms length relationship is really exploitative unconscionable contract terms and the long-term secured with your mates embezzlement of the public’s money. Because after all the consumer had to put time in, at a value per hour, to be able to pay for the luxury of driving production, justifying innovation, and with demand like we see with Smartphones and consumer goods, food products, - where we expect economies of scale to put downward pressure on retail pricing. Just like the reserve banks elevated interest rates, plus default rate interest on the likely 65% of mortgages they hold, while they branches put tariffs on transactions as transaction fees, and then on top of the credit card and home loan, which is all subject to bad public policy and practice, putting direct tariffs on people and on their own property interests, charge an interest rate, and then charging default rate interest, because of public policies inflationary practices. We’re getting ripped off left right and centre because of tariffs privately in publicly. Price inflation because of public policy is an unnecessary expense. Just get rid of the swamp, and we won’t have to inflate consumer pricing to sustain the wasted payroll and direct expenses of the government, and cutting off the corruption and leakage which is in the trillions . It’ll be great for the agriculture, energy, transportation, fabrication, packaging, housing, industries in the immediate term. These bureaucrats being the smart asses as they are, will be better suited in these other industries. Where the consumer basket varies greatly in Cost from country to country,. Where Colgate toothpaste, and a toothbrush, can see a price drop ~50% or more in poor countries. Ultimately public policy and crime and corruption by the government is literally what’s driving the cost of absolutely everything to continue to rise, only to sustain their reckless and indifferent criminal behaviour Coupled with their misinformation and disinformation, and propaganda in furtherance of crimes. Now is the time for “Parity”. This and all “their” liabilities come with the great reset. However, we the people are necessary to keep share prices alive. In a great reset, we the people most certainly don’t want to lose our moral rights , inherent value or our equity. Of which greed and corruption, which is what also drives tariffs, and to deliver those brown paper bag payments, to burden the population, the people of the world with the liabilities those involved in financial fraud, and exploitation, Price gouging, specifying product, or services, or standards, monopolistic type, market restrictive behaviour, insider Trading and anti-trust violations. All of this is public policy, yet not many of us voted for it or agreed to it. There is no long term play when there’s no productivity, and consolidated Wealth, ultimately is just going to be new financial schemes and scams, where the government doesn’t even collect tax revenue, but they do go seize the odd unscrupulous account here and there, sadly with so many hundreds of thousands of transactions that are nefarious government behaviours with public funds. Not one of them getting caught. Going for the petty crime, when the real crimes are prophetic and monumental. This will stifle innovation, inhibit the prospect of economic prosperity. Ultimately, as you see, tariffs are used as a wedge in ”free trade and commerce” stifles competition, drives up unemployment, poverty, homelessness, starvation, crime and social deterioration, deleting life prospects of billions of people. Most certainly government needs to have an income to be able to provide the services required by the population, but while the population is paying for bombs to kill other people, or even unnecessary expenses like exploitive accommodation fees for non-contributing humans, who are a burden on the state, introducing tariffs for political reasons, will only produce an enemy - especially if one is a stubborn counterparty. Yet, the people continue to pay. The Great Audit… Global Digital Bank Association - We are the only trustee of you and your interests. A World Kindness Project.

[@jasonjacobson2089]

Maybe instead of tariffs we solve for the triffin dilemma by adopting a neutral reserve currency (Bitcoin) so that American manufacturing can compete? I know there’s a lot of second and third order consequences to a situation like that, but, I think we should consider those consequences in advance, since it might happen whether we want it to or not

[@nettjoel]

completely makes common sense, fair tariffs.

[@lifecoaching5068]

This is the man I voted to make America great again. To bring jobs back to America. I know we have labor shortages. Bring cheap labor from third world countries legally on temporary visas pay them $700/$1000/month. Stop sending IT jobs to India. Train American people. Let the imported workers do all the hard odd jobs and American people do all the good jobs. This is how Arab countries run. Why cannot we do that same? Stop give bureaucracy.

[@rosemariekempka6407]

This is a very smart man