Trump’s Trade War 2.0: Who Wins, Who Loses? 5 Things to Know

  Рет қаралды 35,445

The Economic Times

The Economic Times

Күн бұрын

Пікірлер: 160
@anawashington7298
@anawashington7298 2 ай бұрын
I hate to say I told you so ….. But we will be a third world country by the time his done with Us.
@pete3882
@pete3882 2 ай бұрын
You mean by letting criminals come threw our borders.
@tomowcaest.5999
@tomowcaest.5999 Ай бұрын
dsleepy Joe didn't and the Dem philosophy of tax & spend. then spend and tax...sine slick Willie Clinton & Co.😮
@drstew1
@drstew1 Ай бұрын
@@tomowcaest.5999 You don’t need to be a theoretical physicist, to know the US economy had improved with the current US Potus. What awaits the US with the next president, is beyond insane. And will devastate this country. Trump's economic vision, is short sighted. (And that’s putting it mildly )Meaning ,it doesn’t had up. The US is currently paying over 870 Billion annually just on interest. Trumps plan will had much more to the already huge national debt. Fact!
@rickmartin21
@rickmartin21 Ай бұрын
@@tomowcaest.5999 Trump drove the highest debt in history?
@ptitgavroche
@ptitgavroche Ай бұрын
Good. The world will heave a collective sigh of relief. Red or blue, everyone's utterly fed up with America.
@TwoBassed
@TwoBassed Ай бұрын
Who wins - The rich. Who loses - The poor! As always!
@milycome
@milycome Ай бұрын
Yes. Sooooo very true. But how could this possibly be ?? In a True Democracy the middle and lower classes who outnumber the Super Rich by a very large margin inevitably can very easily produce a situation whereby the masses by their much larger numbers can easily victimize the Super Rich by demanding their government institute Draconian tax policies against the Super Rich depleting their assets significantly. Call Me Puzzled 😮😮😮😮😮.
@milycome
@milycome Ай бұрын
Yes. Exactly. But how could this be ?? In a True Democracy the middle and lower classes greatly outnumber the Super Rich by a very large margin. This will result in the Tyranny of the Majority leading to the masses easily victimizing the Super Rich by demanding their government institute Draconian tax policies against the Super Rich depleting the majority of their assets significantly. Situation to income Inequality solved. Wait a minute. This is EXACTLY what is NOT Happening. How come ???? Call Me Puzzled 😮😮😮.
@milycome
@milycome Ай бұрын
Yes. Exactly. The rich Win. The poor Lose. But in a TRUE DEMOCRACY, how could this be ?? In a TRUE DEMOCRACY the middle class and poor greatly outnumber the Super Rich. This imbalance can easily result in the Tyranny of the Majority. The masses can easily demand that their government institute Draconian tax policies against the Super Rich depleting their assets significantly. This should easily take place making the Super Rich an easy target for the masses to victimize. This is NOT what's taking place. Call Me Puzzled. 😮😮😮😮😮😮😮😮.
@SweetKamote-j1k
@SweetKamote-j1k Ай бұрын
Indeed. No matter how expensive products get, the rich could still afford it but not the poor who can barely get by with minimum wage. Earning minimum wage now is like borderline poor and homeless/pay check to pay check status while your grandparents live a middle class life on minimum of their time.
@RA-II
@RA-II Ай бұрын
And middle class
@luisgomez3936
@luisgomez3936 Ай бұрын
Globalization has created an interdependency of markets that require careful geopolitical management. Trade wars are clumsy and heavy handed ways of dealing with markets that are fine tuned and can have long range consequences! Trump is seeking his own personal and financial satisfaction at the cost of the U.S. and its international welfare! He has singled out his biggest trade partners because the U.S. has significant trade deficits with these countries! He fails to understand that these same countries are producing essential goods and services that are needed in his country! Also these same tariffs will increase inflation and cause hardship and possible job losses in his country especially if these same countries exercise retaliatory tariffs! This is a lose, lose situation! It’s hard to understand how the people in the U.S. voted again into the highest office such a president?
@rickmartin21
@rickmartin21 Ай бұрын
I doubt that people like Trump buy a lot of things from Walmart and Amazon, much less has any clue about how much of it comes from China. We rely on China's cheap shit just like they rely on us for our huge consumer market. We are evolving, becoming more mixed, and becoming more inclusive. In just a few years, many states will be majority minority and will probably turn blue. The power structure is changing and it makes people mad and scared. They think Trump is here to save them.
@rebeccafrye5646
@rebeccafrye5646 2 ай бұрын
trump doesn't have a clue how his nonsense effects average citizens.
@randymcmillen647
@randymcmillen647 2 ай бұрын
Yes he does. Trump doesn't care
@DubboU
@DubboU 2 ай бұрын
@@randymcmillen647 He doesn't. And doesn't care.
@zeusse2212
@zeusse2212 2 ай бұрын
He is a Russian sympathizer and criminal…He’s playing all the cards for Putin..America you screwed up!
@pete3882
@pete3882 2 ай бұрын
You mean how we buy buy buy and throw it away just to buy again. Stop being a puppet, stop contributing to polluting the earth.
@thomasmanning829
@thomasmanning829 2 ай бұрын
Citizens and especially foreign critics have no idea of what Trump is doing. Stop being stupid.
@russellearley4442
@russellearley4442 Ай бұрын
Trump has no plan.
@Imk946AO
@Imk946AO Ай бұрын
Brief, and well covered video from all aspects with high level of professionalism. Keep it up.
@tomowcaest.5999
@tomowcaest.5999 Ай бұрын
Silverados are also made outside of Detriut
@nevillejosephhettiaratchigeper
@nevillejosephhettiaratchigeper Ай бұрын
GOOD BY TO AMERICA ❤❤❤❤ ALL THE BEST AND CONGRADULATIONS BRO An Engineer from Germany
@nevillejosephhettiaratchigeper
@nevillejosephhettiaratchigeper Ай бұрын
GOOD BY TO AMERICA ❤❤❤❤ ALL THE BEST AND CONGRADULATIONS BRO An Engineer from Germany
@chrisbailey6351
@chrisbailey6351 Ай бұрын
Conservative policy responses to difficult multifaceted problems are often simplistic and only create more problems than first appeared- so it is with trump’s tariffs
@stephenwierzbicki4463
@stephenwierzbicki4463 Ай бұрын
Awesome Video, Keep Up the Amazing Work!!😊
@RobertB-bm5cn
@RobertB-bm5cn 2 ай бұрын
I am really concerned that is going to put to many incompetente people in key government positions this could cripple the government and put all of us at risk. I hope the republican senators don't turn into Trump puppets. Trump is an idiot should not be president, all of you magas have voted for stupid Trump and now most Americans will be paying right along with those maga for voting for Trump
@pete3882
@pete3882 2 ай бұрын
We have to much garbage now and we are polluting our water, soil and air because we buy and throw away. We don't need all this crap.
@pete3882
@pete3882 2 ай бұрын
Good thing we have you to tell us that our corrupt government is the good guys. What an id!ot.
@thomasmanning829
@thomasmanning829 2 ай бұрын
Americans suffered very seriously because of Biden puppets. Now you worry about Trump puppets?
@chongdi6140
@chongdi6140 2 ай бұрын
He's also a convicted felon and an extremely shrewd scammer to boot lol.
@RobertB-bm5cn
@RobertB-bm5cn 2 ай бұрын
@chongdi6140 God save US from the evil devil Trump and his League of criminals, I don't of we can survive 4 years with Trump as president.
@acleon57
@acleon57 Ай бұрын
Do you see canada is producing drugs same in Mexico but usa and canada used drugs and usa litle more noway consumption never end
@crazycrazy8236
@crazycrazy8236 Ай бұрын
You forgot fentanyl organzation in the US..... The impact tells you... Number one producer is the US, next... Canadá.... In México we have not to man y addiction... That tell you the amount of drug is produce in each country...
@lorenaledger6547
@lorenaledger6547 Ай бұрын
Los laboratorios están en Canada y Estados Unidos, el fental viene de Asia directo a USA
@kenphillips7594
@kenphillips7594 Ай бұрын
Make america great again is one of the most misleading terms of all time. The policies are clearly going to make the usa trivial.
@josephinewells6402
@josephinewells6402 Ай бұрын
Thanks for making me understand. Good job
@ImListeningToReason
@ImListeningToReason Ай бұрын
Paul Mortimer-Lee of the National Institute of Economic and Social Research (NIESR) said the “ill-considered, rushed and damaging” combination of tariffs, the mass expulsion of illegal immigrants, tax cuts and spending efficiencies was “likely to tip the US economy into recession.”
@Prettypoisonswitch
@Prettypoisonswitch Ай бұрын
More like Depression
@carolinewu4767
@carolinewu4767 Ай бұрын
Make America Regret Again !
@brianbloomfield5746
@brianbloomfield5746 2 ай бұрын
STOP ALL TRADES TO THE STATES. EVERY COUNTRY IN THE WORLD.
@thomasmanning829
@thomasmanning829 2 ай бұрын
Yes! PLEASE! Let's put America in a position to supply all it's own needs. Unlike virtually any other country in the world, The States CAN supply their own needs.
@ofdrumsandchords
@ofdrumsandchords Ай бұрын
@@thomasmanning829 Search for US exports, and put your only neuron at work.
@KarlSnider
@KarlSnider Ай бұрын
@@thomasmanning829where do you think you will get aluminum?
@drstew1
@drstew1 Ай бұрын
If the US could do this, don’t you think this would have happened by now? All the different ingredients, materials, metals etc all come from different country’s around the world ,hence how profits are made… not sure this was thought through properly?
@ofdrumsandchords
@ofdrumsandchords Ай бұрын
Important things, science, art, philosophy, are universal. Trade is a way of communication and exchange. Let's keep good relations with America, nobody wins a war.
@joe4piet
@joe4piet Ай бұрын
RUN
@drstew1
@drstew1 Ай бұрын
So trumps return is not looking good…
@RA-II
@RA-II Ай бұрын
America losses with tariffs
@sharonlavery7656
@sharonlavery7656 Ай бұрын
Maybe all the countries that trump wants to put tariffs on should start loking into cutting the US out of any businesses and start looking to each other to replace what the US used to supply....... If trump doesn't want to work with other countries..... Maybe those countries could stop using the US for anything.....!
@Prettypoisonswitch
@Prettypoisonswitch Ай бұрын
That was my thought as well. I have absolutely no idea how half the US thinks this petulant child can run a country. Let alone do anything positive for it. The hate kool-aid was way too strong.
@harrisng3041
@harrisng3041 Ай бұрын
👍🌈 When China stopped Buying agricultural products from the US, and started to buy from Brazil and Mexico and Canada..... the farmers. of these countries are very happy. ... Harris Ng YM 👻😄☕🍰☕🌹🇨🇳👍🇨🇳👍🇨🇳👍
@peterbear9525
@peterbear9525 Ай бұрын
Wonder whats rhe over/under on his 4year debt this time will be im leaning to 15trillion..fyi last time about 7.5 Trillion
@helpAmerica1
@helpAmerica1 2 ай бұрын
TARRIFS go straight to Trumps new company the "USA" he will make fortune.
@arizonavotes3276
@arizonavotes3276 2 ай бұрын
Talking out of your ass
@bobli-qx9pz
@bobli-qx9pz 2 ай бұрын
@@arizonavotes3276物价📈=你的财产📉。你的财产还能够支撑你的生活多少年?你准备好流浪街头了吗?
@arizonavotes3276
@arizonavotes3276 2 ай бұрын
Like I said you are talking out of your ass
@stevenlai1199
@stevenlai1199 Ай бұрын
MAGA
@jamesgollan8602
@jamesgollan8602 Ай бұрын
Tariffs are paid by the consumer, in this case American consumers. China has responded by banning exports of materials to USA and banning imports from USA to China. Trump is a fool, a really dumb piece of crap . Imposing trade restrictions has repercussions. Mexico and Canada should now raise their prices by 25%
@rebelsnappingturtle5097
@rebelsnappingturtle5097 Ай бұрын
American billionaires happy with paying a Trump tax? Any tax?
@alanackroyd5262
@alanackroyd5262 Ай бұрын
Only a "stable genius" who has declared bankruptcy 4 times could devise such a program '
@obito______
@obito______ Ай бұрын
How Trumph's tariff will stop Migration and Drugs?? 😂😂😂
@pauljordan7465
@pauljordan7465 Ай бұрын
Canada illegal immigration is minuscule, compared to the southern border
@gerry5029
@gerry5029 Ай бұрын
You think!
@Prettypoisonswitch
@Prettypoisonswitch Ай бұрын
Does no on take into consideration that Canada, for example, has 1/10th the US population and our dollar is only worth $0.66 to the American dollar. How are we supposed to import / buy more from the US when it costs us so much more for the same item. If I wanted to buy, say a couch for $1000 USD. Not including any extra import fees I would have to pay for that couch, it is actually costing me $1413.52 CDN. So I have to pay over an extra $400 for the same item. Where on the other had if reversed a $1000 CDN couch would only cost a buyer in the US $707.30 USD. So is that calculated in when figuring out a trade deficit? Less people with less money obviously are not gojng to ge able to import as much! My 12 year old can figure out that math!
@KupiProdaj-b9b
@KupiProdaj-b9b Ай бұрын
Well president Mc.Donald is talking, but not a single person takes him for real, surprised ?
@tomowcaest.5999
@tomowcaest.5999 Ай бұрын
only Trump knows the plan😢
@andyb8989
@andyb8989 Ай бұрын
He hasn't done anything yet, soon it will be January and will find out. Can someone actually ask him what he really means when he says tariffs... as his first time around the WHS had to educate the journalists on " what the president really meant when he said something" happened numerous times.
@Prettypoisonswitch
@Prettypoisonswitch Ай бұрын
​@@andyb8989 damn.... that is incredibly sad. 😶
@agusjusup
@agusjusup Ай бұрын
pEnguna fentanil akan kalah , China mexiko akan menang, tarif dagang rakyat Amerika akan rugi, China bisa export ke Afrika, latin, Asean, timur tengah, Iran, eropa timur, asia tengah, Rusia, minyak & gas China menang dgn petroyuan, EV dan Surya sell voltec , turbin angin, China menang, tambang Amerika kalah China menang, dgn ApA Amerika akan bisa menang ?
@tomowcaest.5999
@tomowcaest.5999 Ай бұрын
layoffs in one industry... make labor increases in another !
@ronsmyth2005
@ronsmyth2005 Ай бұрын
Spoken like a true moron.
@TwoBassed
@TwoBassed Ай бұрын
Only if there’s a market!
@arturovillaluz2053
@arturovillaluz2053 Ай бұрын
Do you mean laid off people in the auto industry will find jobs in the food industry?
@TwoBassed
@TwoBassed Ай бұрын
@@arturovillaluz2053 - Anyone can flip burgers!
@arturovillaluz2053
@arturovillaluz2053 Ай бұрын
@@TwoBassed For the same salary?
@russellearley4442
@russellearley4442 Ай бұрын
What a disaster!
@hekegotty1827
@hekegotty1827 Ай бұрын
This is a bad anchor trump will deport him 😅
@joem0088
@joem0088 Ай бұрын
it's obvious ... A dumb lose-lose scheme.
@arthurvandervelde
@arthurvandervelde Ай бұрын
I will not award a like, only because the dreadful background music competes with your voice.
@louislerma545
@louislerma545 Ай бұрын
We need better marksmanship
@reubenfrancis2550
@reubenfrancis2550 Ай бұрын
Tats just one side of the coin.
@kidplaying1686
@kidplaying1686 2 ай бұрын
I like to listening
@jamesmoxness4216
@jamesmoxness4216 Ай бұрын
Gb
@arizonavotes3276
@arizonavotes3276 2 ай бұрын
There no price to big ,when it comes to national security,Americans have to be willing to struggle and fight,this is a fight for our national survival
@stevenlai1199
@stevenlai1199 Ай бұрын
MSGA
@Prettypoisonswitch
@Prettypoisonswitch Ай бұрын
What on earth are you talking about? What matters of security? From who? The immigrants that actually want to work your low paying jobs the Americans are too good for?
@Prettypoisonswitch
@Prettypoisonswitch Ай бұрын
Umm I would say mass homelessness, starvation and rampant disease might be. But you do you i guess.
@LianKiatKo
@LianKiatKo Ай бұрын
J
@hoople0320
@hoople0320 Ай бұрын
Trust trump
@stanleyckwoo26
@stanleyckwoo26 Ай бұрын
Everybody lose!!!
@nevillejosephhettiaratchigeper
@nevillejosephhettiaratchigeper Ай бұрын
GOOD BY TO AMERICA ❤❤❤❤ ALL THE BEST AND CONGRADULATIONS BRO An Engineer from Germany
@nevillejosephhettiaratchigeper
@nevillejosephhettiaratchigeper Ай бұрын
GOOD BY TO AMERICA ❤❤❤❤ ALL THE BEST AND CONGRADULATIONS BRO An Engineer from Germany
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