Trump Tariffs Explained: The 10% Tax on ALL Imports

[@MichaelBordenaro]

This Is What "ALWAYS" Happens Before A Financial Bubble Bursts kzbin.info/www/bejne/op-rl6xmrcapiqM

[@youtuberx199]

China only exports about 16% of its goods and services to America. It is not like it will hurt China badly.

[@henrythegreatamerican8136]

Nice Ferrari at 4:54

[@賴文茹-y1w]

Manufaturers will leave China after heavier tarifs ,but not necessarily go to America.Makers just found other places to manufacture.😂

[@henrythegreatamerican8136]

If and when I buy my new (or used) vehicle in the next few years, it's definitely not going to be a gas guzzler. The costs to repair an EV are much cheaper because they have fewer parts. And batteries are getting cheaper by the year, so replacing a battery on the EV won't be as painful if needed.

[@youtuberx199]

@賴文茹-y1w Not necessarily! ASEAN has replaced the U.S. as a top trading partner. 10 years ago, the total amount trade was $300 billion dollars. Last year, it was nearly $1 trillion dollars...not to mention China is a #1 trading partner to 125 countries.

[@tomn8tr]

At the Walmart near me, nothing is made in the USA, not even the employees!

[@pre1980cars]

There are things at Walmart made in USA, but most are from China

[@yardfowl3149]

same here, its the wal mart way

[@LandaverdeJR]

😂

[@datruth4766]

😂

[@nexttime960]

Illegals? Mine is about 50/50

[@Kin-28-8]

The continuously changing economic conditions in our society have made it necessary for thousands of people to find additional sources of income. Personally, I am looking at the stock market to fuel my retirement goal of $2m, my concern is the recent market crash.

[@Theodorebarba]

buying the dip has proven to be profitable although for majority, the solution to their problem can be found only in specialized knowledge hence they seek guidance from well experienced advisors

[@Helen_white1]

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[@nancysmith2389]

Trump has to be working for Russia. He is doing what they couldn't. Bring the US down from the inside.

[@OhDannyboy7]

Um, Trump hasn't been in office for 4 years. Wtf? lol

[@calvinang1]

Trump already said, the enemy is within. Not Russia and not China. You are your own worst enemy. You should listen to your President elect sometimes.

[@janstapaj9689]

​@OhDannyboy7 Really ? You are sharp who exactly start this f*ck up situaction at all .This shit start with GOP Jesus Ronald Reagan and GOP only continue over the years..

[@michaelm4597]

@@OhDannyboy7. But congress still listens to him like he is a king.

[@jimmylieb5225]

Fdjt. Fmaga donny boy

[@soylentgreen8536]

Many companies left decades ago for cheaper labor and higher profit... should have put tariffs in place then.. not now... but politicians got greased to let it happen...

[@610boating5]

So true

[@MrNsoe]

You think republicans just born this year? Tariff has been tried during every republican presidency. And it always make product more expensive, because why would china or any other country or business man take a loss to do business. They are not charity.

[@thomasallen6980]

They left because Reagan pushed the unionized employer's out. This is how all the poverty started. The breaking of our strong union workforce. Now nobody can afford to retire. Look how much less your grandparents retired on before the greatest theft of wealth in human history. Nothing ever trickled down, It still goes up.

[@shaneamundson1192]

Pat Buchanan warned everyone, while he campaigned against globalists Bush in 92 and globalist Dole in 96 for the Republican nomination, that that globalist corporations and politicians have no loyalty to any country, but only to their greedy self interests.

[@murphstahoe]

so for example, Apple, the most valuable company in the world and one of the US largest employers, wildly profitable, and that company exists and makes a lot of money for Americans only because they can manufacture the phones overseas. The whole point is to be at the top of the food chain, not the bottom.

[@latsnojokelee6434]

We already played this game last time Trump was president. His tariffs decimated many farmers, and then he had to pay the farmers for their losses. Easy Google search. Tariffs are never recommended because the foreign country you’re putting a tariff on will come back and put tariffs on your goods as well. So it becomes a battle of the tariffs.

[@Ruger62]

Truth.

[@richarddaddio360]

Not only that we pay the tax. Nobody wants to pay $4000.00 for their iPhone.

[@MrJohnnyDistortion]

We'll win the battle of the tariffs. TALLY HO!

[@felipenunez2058]

Except that didn't happen china knows putting tarrifs on goods it's only going to cost the consumer. China just didn't buy the soy from the farmers plain and simple they went somewhere else which is what is going to happen.

[@williamjones6053]

​@@richarddaddio360you could buy the much cheaper Motorola

[@neilwarren3322]

I'm old enough to remember Walmart advertising we only sell made in America

[@dvader3263]

They quickly figured out that they could make a lot more money by purchasing from China instead of the US.

[@johnnycooker5298]

You should research how Walmart actually buys goods and forced cheaper priced manufacturing to China since 1996. Rubbermaid anyone!

[@dd-uy5lx]

before walton died. he wasnt even in the ground they went to asia. good kids lol

[@bubbajones4522]

The greed and profits of Sam Walton's decedents is truly disgusting.

[@GaCountryGal]

Yes, back in the day, all Walmart goods were made in the USA.

[@jstep4146]

I guess nobody on here understands how bad tariffs are. Almost all raw goods are sourced from overseas, so manufacturers have to pay tariffs on all parts and materials. In fact, the cost of those material's tariffs is larger than the tariff on the finished goods. This means that US made goods will GO UP MORE THAN IMPORTED GOODS. Killing manufacturing in the US is not a good result, but that is what will happen. As a manufacturer in the US, my company is closing December 20th, as we cannot do business without knowing future costs of raw materials. It has been a good 24 years, but we cannot do business in a country that is run by an idiot.

[@DonalldArmentor]

The American made cars will go up as well since much of the domestic cars is built from imported parts, then assembled here. Those parts will be tarriffed raising the price of "domestic" cars

[@bencharlie9509]

Incorrect. The domestic cars will not go up even with imported part. But part of this initiative is to bring that manufacturing back to US through regulation reductions in order to make it more affordable to manufacture in total here.

[@itsjayswelly]

​@@bencharlie9509why wouldn't it go up? You think the manufacturer is just gonna eat increased input costs?

[@randylahey7343]

Bencharlie, you’re clueless, the parts will increase in price therefore the finished product will go up in price, the only good thing is cars are a once every 10 year purchase but the increase in every day items is where the real pain will be. Get ready for 10-15% inflation, for reference it’s around 2% right now

[@camresearch5120]

The United States imports iron ore for a number of reasons, including: Domestic reserves: The United States has been running low on high-grade iron ore reserves. Transportation costs: Iron ore mines in other countries, like Brazil and Australia, can deliver iron ore to the United States at lower prices than domestic mines.

[@eattherich9215]

@@camresearch5120: another factor tied to importing, is the increased cost of production. US coal and steel production became uneconomic and that is why steelworks and mines where mothballed in favour of imports.

[@squatchgoblins]

Basically forcing Americans to buy American but the American ability to manufacture things at costs on par with China isn't possible these days so increase costs for consumers overall.

[@Shock_Treatment]

I'd rather pay more for something quality made that will last than a cheap Chinese piece of crap that will break in a week.

[@whatsthemonsterbelow]

Change is not easy and takes time, it doesn't mean it's not necessary

[@censoredquotes]

@@Shock_TreatmentExcept American made doesn’t automatically equate to good quality. Are your American made cars of good quality? Is your food of good quality? What about new American made homes? Are they good quality? Also what about goods that the US can’t feasibly produce such as coffee, chocolate, and other foods and products. No matter how much you tariff chocolate, you are not going to be seeing any cacao farmers in the U.S that is enough to satisfy demand. These products will no longer become commoner goods but luxury goods for the elites to enjoy. Congratulations the poor gets poorer and the rich gets richer.

[@hablamosdemisterio7751]

​@@Shock_TreatmentIf you have the money great pay. But guess what most don't have the money. This tariffs are damaging for most people. I can't wait till he puts tariffs on Tesla cars 😂😂😂. I mean as it is sales are dropping.

[@Hankjones1]

Rally like a Toyota that lasts you 400,000 miles vs Chevy that lasts 100,000 miles ​@@Shock_Treatment

[@AlbertD711]

I was buying a new can opener every few months. The one thing they had in common was they were made in China. About 6 years ago I spent about twice as much for one made in USA. I’m still using it to this day. It’s not necessarily cheaper to buy cheap Chinese products.

[@multikillerpro1]

I've been using the same can opener from dollar tree for 2yrs. You must open lots of cans 😂

[@AlbertD711]

@ maybe so, but the USA one has stood the test of time.

[@sarahann530]

​​@@AlbertD711 What brand of can opener did you buy ?

[@adelgado854]

I’ve seen the argument that Chinese manufactured products are made cheap at the request of the companies who skimp out on quality to maximize products. Not sure if it’s true although considering the greed, that argument doesn’t seem too far fetch.

[@toddspangler6669]

It depends. The US company buying Chinese products chooses the brand to buy from. Some brands are more expensive but made better. So, if your appliance keeps dying, it could be the US company choosing to buy the cheapest of the cheap and selling it to you at a huge markup. This is why I stopped buying from Walmart a looong time ago when my hammer's claw almost hit me in the face after it fell off.

[@JHamzz]

Nobody talks about retaliatory tariffs and the impact it would have on US exports.

[@dallrevenge9256]

House for 4 mill and the neighbors are a few feet away from me? NOWAY! Give me acres of privacy.

[@sleepy670]

Some people prefer the closeness of their neighborhoods. While others want their neighbors as far away as possible. This is the beauty of America. They have all options available for all people. You don't like it go find somewhere else to live.

[@GenXMafia]

@@sleepy670Yea…that’s everyone’s dream today. Living so close to a neighbor you can smell his morning shit 7 days a week. No thanks. Most people today don’t even know their neighbors unlike 50 + years ago when neighbors were almost family. How anyone in 2024 can live in a crowded subdivision with homes 6 feet apart is next level insanity.

[@talisikid1618]

Population is too high for that. Acres are better invested in wilderness and a few farms to grow food, not wasted on privacy.

[@michaelb6510]

Cringe when people always express how much they like to be secluded

[@solomongrundy1467]

​@michaelb6510 I love seclusion. My closest neighbor is 200 feet away, but I'd prefer 1000 feet.

[@jskaggs8188]

We don’t need most of the products we buy anyway.

[@anonymousperson1092]

Speak for yourself Grandma.

[@whatsthemonsterbelow]

Hey son, the amount of electronics that are produced with new versions every year and a half that come out of China is disgusting for every industry and for the environment. Even if Americans want the best computer equipment and technology, it doesn't need to adapt and move at the Chinese manufacturing rate and the companys' decisions on how often to put out new products.

[@yardfowl3149]

says the communist.....

[@alexnew4975]

Why do u buy so much u don't need? u could give the $ to charity

[@quademasters249]

How about brake pads, rotors, wiper blades, tires? Most of our car parts come from over-seas.

[@garlandstyle5797]

Well? Most Americans already knew Trump would hurt our country. It will come true pretty soon! Dang. ☹

[@MarkShinnick]

How then would you confront the governments corruption and debt that sucks from everyone?

[@TM-ev2xu]

So, you really believe that American manufacturers will keep their prices the same even if imported competitor products go up by 10%?

[@ScubaSteve-x8o]

Great point that most ignore.

[@quandingleberry445]

@@ScubaSteve-x8oWrong, they will use it as an excuse to increase prices and make more money. Capitalism.

[@woohan6430]

Nope. They’ll raise their prices to be 0.01 cent below the tariffed price

[@randylahey7343]

Most don’t ignore these facts, just the ones with the red hats

[@bubbajones4522]

These tariffs are intended to reduce or eliminate income taxes which will be a huge savings to us all. Also the free market will force prices to come down to levels that are acceptable to consumers.

[@AmirRezaie-d2h]

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[@lalsingh7340]

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[@RichardArthurBaker]

His guidance allowed me to restructure my retirement plan, resulting in an estimated $700,000 more by the time I retire.

[@HollyGarwell]

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[@StevenHackers]

Waking up every tenth of each month to £210 thousand it’s a blessing to I and my family… Big gratitude to this same Jihan Wu🙌

[@junkmail7263]

Many Hondas have been made in Ohio for decades

[@deadfairfieldexpedition]

Assembled*

[@AdrianFahrenheitTepes]

Toyota is similar in and that they also assemble cars within the United States.

[@junkmail7263]

@@deadfairfieldexpedition better assembled in the USA than assembled in China.

[@Lightningbug122]

Yes but the profit goes back to Japan and does not stay in America, and you will never see these corporations ever building libraries or hospitals or ever giving back to communities or any charity,

[@MrNsoe]

@@Lightningbug122why don’t you try asking Trump to build you a library.

[@killeresk]

Who pays the tariff.. You do.

Wrong. Production will be moved into countries that aren't tariffed or into the USA.

[@killeresk]

Dream on. Easy to say but not easy to do.

[@BrianK-zz4fk]

stupid people do that dont need that junk. Need vs wants is a thing.

[@LucasPereiradaSilva]

ALL countries will be tariffed. It's either paying 60% for parts made in China or 10% to 30% elsewhere. Import tariffs are regressive and affect only the poor.

[@Falcon2609]

Lay off the cool aid.

[@marjoriefoster5107]

Still bewildered so many Americans thought Trump tariff plan was a good idea.

[@AdrianFahrenheitTepes]

Is being friendly to China a good idea while they support our enemies? I find it so amusing when so many people talk about how important it is to stop Global Warming or how bad it is to trade with our enemies but then whine and cry at the solution.

[@Falcon2609]

Exactly

[@Starreelynn]

Let’s not forget what happened during Trump’s first term with all the retaliatory tariffs, especially how they hit farmers. After Trump’s tariffs, China fired back with their own, tanking demand and prices for U.S. agricultural exports. A lot of farmers struggled and some went bankrupt. The Trump administration used $37 billion in taxpayer money to bailout the farmers, all thanks to the tariffs he imposed on China. So on top of it costing more on imports to the US consumer, tax payers also had to front the bill to bail out the businesses who export to other countries to prevent our agriculture companies from all going out of business.

[@Lightningbug122]

It is good, yes we think that, anything to lower my tax and pay off our debt is good

[@Hmonks]

@@Lightningbug122😂 your shyttjng yourself .. they aren’t lowering taxes for you

[@johnnydub1985]

Everything will be a lot more expensive. Period.

[@todddunn945]

Oh come now, American workers will be happy to work for $1 an hour to Make America Great Again.

[@vytallicaq.6881]

Initially yes. But prices will come down rapidly in the next decade. That's when U.S. automation goes into hyper-drive. Productivity generates wealth, and fully automated factories are the holy grail of productivity. That will allow us to produce the most affordable quality products. The U.S. will dominate the wealth building export markets at that point.

[@stephenlea5765]

Not necessarily. Everything has a price point that the market will bear.

[@jbone9900]

​@@vytallicaq.6881 maybe in fantasy land look at realty China simply cost less to make stuff.

[@16Shaker]

@@vytallicaq.6881 Decade? look people didnt vote for this we all thought he would bring inflation down and reduce the cost of everything now not 10 years from now WTH. I'm pissed I'm just getting by as it is.

[@brettfavrewelfarequeen9886]

If anyone thinks tariffs are great for the economy all you need to do is research the Smoot-Hawley Tariff Act of 1930. This will be America's future. Good luck.

[@Lightningbug122]

That was then this is now

[@itsjayswelly]

​@@Lightningbug122Tariffs are usually not a good economic policy. We should invest in new industries. The future is now

[@garethwilliams4467]

wrong. It's Free trade that has brought us to this point. The whole world protected their own people before this free trade bollocks

[@sarahann530]

​@@Lightningbug122 What is different about now ?

[@bernecomp]

@@itsjayswelly Exactly what Biden was doing.

[@richardadams6988]

You are absolutely correct, as long as corporations are making huge profits and huge margins they continue to manipulate the systems and manage the supply only !!

[@InvestingWithAdamK]

People always want it both ways. Want things made in the USA but don’t want to pay for the higher costs. They then blame greedy CEO’s and companies etc. We have higher labor costs and more regulations which cost more as well. It is what it is.

[@AdrianFahrenheitTepes]

Also we have better environmental regulations involving waste disposal too.

[@AdrianFahrenheitTepes]

Most of this is due to the elections. Anything to hate about he other guy for the fact that their candidate didn’t get the votes.

[@ninaward1841]

Yup, we have to decide if we want to pay more for products or settle for the majority of it made in China, Indonesia, Bangladesh, Honduras . . .

[@ninaward1841]

@@AdrianFahrenheitTepes Yes, which is why we should try to go back to more manufacturing in the US.

[@woooose]

The problem is greed. American manufacturers and business owners aren't trying to make an honest living, they're trying to make a killing. I don't want to pay more for American made products so some con man can purchase multiple mansions and pay his employees minimum wage with few benefits.

[@jet4415]

Hahahaaaa!!! All the poor people think their costs are going down. Have you perused the shelves of Walmart???? Find one product made in USA.

[@bpb5541]

But the Right loves their Walmart... don't go there...slippery ... slippery slope. You are being set up for gaslighting, out right denial, and aggression. I would just leave that alone if I were you. It wont matter much longer... everyone is about to get their faces ripped off should that 10 year yield keep going higher... which it will. Be safe, be kind.

it isn't free to ship something from the other side of the world. Buying American benefits American workers also; it's not just about the lowest price.

[@GardenerEarthGuy]

Fish Gum in the bait section

[@michaelpowell7120]

All the poor people think their costs are going down.......................................they do?

[@danielbaird7419]

Coca-Cola and Pepsi

[@randylahey7343]

Who would think that the guy who bankrupted a casino would be bad at business

[@ukulelebutterfly]

Hahahahaha

[@yolisurich4025]

Tariffs work when there's an alternate product produced in the US. But there are no alternative products made in the US so consumers are forced to pay more go household products.

[@theboringchannel2027]

Bananas, coffee, most fruits are imported. Most can't be grown in the US

[@jamesharper8373]

Make them in a lab, like most of the other food we eat

[@theboringchannel2027]

@@jamesharper8373 what food do we eat that is grown in a lab? Please educate me

[@bpb5541]

People are wanting a doubling in their grocery bill... but didn't even know it. I am count on this exact fact.

[@ponygirl1624]

Due to overbuilding destruction of AG land due to greedy builders and overpopulation of this country.

[@theboringchannel2027]

@@ponygirl1624 not all all, the WEATHER is not suitable for those crops. I can tell you voted orange, why the poorly educated are so loved.

[@kradwonders]

One benefit of tariffs for the wealthy is the tax revenue generated by tariffs can be used to offset set the impact on the economy from giving tax cuts to the rich. Right now some companies have told their employees that because of the possible tariffs we have to not give you the promised pay increases and bonuses because we need to spend every penny to import stuff and fill our warehouses before the tariffs take effect.

[@bubbajones4522]

You do know that Trump is doing this in order to greatly reduce or eliminate income taxes don't you?

[@dennishaas4745]

Mike don't you realize many of these foreign automakers make the cars in the United States. What happens when these countries decide not to purchase our grain and our farmers start losing their farms because they can't sell grain ? Didn't Trump try this in 2016 and had to send farmers checks to cover their losses ?

[@robertpierpont2262]

yes exactly. our tax dollars paid for farmers losses which makes kind of a wash, one one person gains someother person loses, its just a shell game or 3 card monty

[@joewozniak-x5o]

He did and it was billions of dollars

[@bencharlie9509]

Exactly. And therefore places like Toyota wouldn’t be subject to tariffs unless it’s a model exclusively 100% made in Japan. Most Toyota cars and trucks are not made in Japan or a portion of them are and then shipped here to be finished up. Those are not subject to tariffs.

[@deep6301]

We subsidize farmer every year in the Farm Bill

[@dennishaas4745]

@@deep6301 I agree, but the 2016 Trump tariffs added an extra check in the farmers mailbox !

[@robertpierpont2262]

even american cars will go up because they get many of the parts from china or other countries because its the only place some parts are made, especially electronics wise so a domestic car will go up because of tariffs on some of the parts & materials used to build them

[@michaelpowell7120]

American Car Manufacturers were getting asian parts in 72" How old were you? 🙄

[@keason754]

Exactly 💯

[@RobinRockefeller]

Yep..and ninety percent of generic drugs are made overseas. Why. Because it's much cheaper. The brand name drugs here are ridiculously expensive. For example ,a one month supply of my gabapentin costs almost five hundred dollars here,the generic version is thirty two dollars without insurance .

[@16Shaker]

Yes and they will raise prices even more than what the tariffs cost them they always look for someone to blame for price increases. Then just pass it on to all off us.

[@賴文茹-y1w]

If a country wants to rebuild manufacturing,then it should put tariffs on the finished goods ,not all imports, while lowering the taxs on semi-products or raw materials and improving designs on the finished goods.

[@LucasPereiradaSilva]

It does not work that way in the third world, and Trump seems to have a third-world mentality, "Tax them all" and then blame others when your country becomes even poorer.

[@bubbajones4522]

Spoken like a true communist. It's not going to work Chinese bot.

[@garrettwilson9664]

The US has to undo the last 40 years to bring manufacturing back. It's not happening

[@bubbajones4522]

@@garrettwilson9664 Are you kidding? New US manufacturing will open overnight if there's a dollar profit to be made.

[@garrettwilson9664]

@@bubbajones4522 It's easier to raise the cost of the product than it is to take on all of the risks associated with moving your production.

[@slimj82]

I agree with you but if the Tariff is 10% by the time it gets down the line to us it'll cost us 15-25% on the end cost..

[@bpb5541]

Exactly ... i hope people get exactly what they want even if they aren't smart enought to realize what that is. In fact, I am counting on it. Those that know... need to get ready. Something wicked this way comes.

[@MrDubyadee1]

Right because what businesses add to the cost of a good is a margin, not a fixed amount. If you import a good at 100 to sell it with a 20% markup you’re selling it for 120. If the cost goes up because of a 10% tariff that’s 110 plus your 20% so your new price is 132 and that is wholesale. There will be at least one or two middleman markups before it’s sold retail. It compounds.

[@quademasters249]

@@bpb5541 Yeah, people seem to think Trump has magic powers. I'm sort of looking forward to his circus again. At least he hasn't gotten us into two proxy wars. Whole I voted D, I'm not keen on their desire to involve the US in foreign wars defending foreign countries.

[@BrianK-zz4fk]

you can use the tariffs to fund the government and eliminate the income tax and its a win. think outside the box but yes pain is coming and needed imo.

[@MrDubyadee1]

@@BrianK-zz4fk Its a bad solution for funding the government. It's how we did it in the 19th century, but 1) it doesn't raise enough revenue - we pave our roads now and 2) it kills trade which kills economic growth. Major factor in the making the Great Recession great.

[@juandeldiablo696]

I can’t believe people were complaining about everything been so expensive and they voted for that guy who will make everything more expensive 🤦🏻

[@ajf5823]

And they were warned. The tariffs were the first thing Harris mentioned during the debate.

[@AdrianFahrenheitTepes]

More expensive is better for the planet in the future.

[@Falcon2609]

​@@AdrianFahrenheitTepes🤡

[@AdrianFahrenheitTepes]

@@ajf5823talking out of both sides of their mouths like always. Russia is evil so politicians logic is to dump away money to China, AN ALLY, ACTIVE TRADING PARTNER and FELLOW BRICS MEMBER with Russia. As for the rest, people are so over consuming that our nation is poisoning itself with rampant diabetes and people who are extremely unhealthy. Are China and Russia our friends? Or do we have to work on rethinking our approach to trade in the coming years and prioritize how we consume our food?

[@lindawilson8434]

You are so right Why cant people understand this?😂

[@CarolTurner-e1o]

Each time I see a new video, it's a treat!

[@geoffreyromain]

You are a bot

[@bobbya51]

Especially the nonsensical ,funny comments . A double treat !

[@ninaward1841]

@@geoffreyromain Ever since you or someone pointed that out, I'm suspicious of the overly complimentary comments I read like the one above.

[@ireanemw]

You're 1 of the few people I have came across that gives a fair view that doesn't push for either side you just educate with facts & point out possibilities good & bad.👍🏾

[@chrisweidner4768]

I was stationed in South Korea a couple of decades ago. What impressed me the most was that virtually everything I saw was made in South Korea. They went from being a 3rd world country into a power in 1 generation. Buy American, Make in America. Brother, it would be nice to know where you are on your daily walks. All the best.

[@quademasters249]

They don't make it in America anymore. I used to love Carrhart clothes because it was made in the US. Now it's made in Honduras.

[@annehaverhals1750]

I doubt we can go back to a major manufacturing society. Our labor is way to expensive to compete. And it has to be given the cost of living. We would have to automate way more than we already have. I'm impressed with Korea too. I remember talking to people who were stationed there 25 year prior to me being there (late 90's). And what I describe versus what they describe are two different worlds. But they were already complaining that China was cheaper, and Chinese goods were outcompeting them.

[@formerlywrongwaycorigan598]

i put some s korean rubber on my accord. not a good result there. no prob buying anything else from them though

[@francismarion6400]

Did they have labor unions?

[@jdenino6022]

@@francismarion6400 😂

[@peterkwok9608]

Tariffs is going to make inflation worse than what it is now. It was make people buy less and make companies lay more people off. 😢😢

Inflation is a function of money printing, which is what we have to do because money is leaving the country.

[@michaelpowell7120]

According to MSNBC " Trump will make economy worse" That's why 80% voted for him. 🤔

[@bypinkerton892]

Pete... It's to pay for no tax on Tips & overtime & social security & lowering income tax.... & People can chose if they want to buy tariff stuff....

[@bypinkerton892]

Japan & Germany tariff our cars...

[@RobinRockefeller]

​@@bypinkerton892..oh sure.why would I want to pay almost 2 thousand dollars a month for my prescriptions? Which now cost less than than a hundred a month?And they are a necessity for my muscular dystrophy.

[@stefanschouteden5196]

Tariffs... what a joke! 1. Your labor cost will be twice or tripple, 2. does the US still have the skills and which American will do a low cost job? 3. How much will it cost to re-establish the factories and the production lines in the US? 4. How will the US export more expensive and less quality items as compared those made in Asia? And the list goes on and on...

[@censoredquotes]

Targeted tariffs on specific goods can be a good way to promote and protect local businesses. However what many people don't realize is that a tariff on ALL GOODS (as promised in Trump's campaign) won't just be a tariff on foreign cars, phones or Temu goods that are imported to the U.S. Let’s say you make cars in the US such as Toyota. You'll still need to import raw materials such as lithium and semi-finished products to the US so that they can be used in the final assembly. Those raw materials and semi-finished products are also going to be subjected to tariffs. So even U.S based manufacturers are still going to get hit hard and will pass that cost to the consumer. Another major issues that a lot of people aren’t seeing is that we’re going to be tariffing things that the United States can’t feasibly produce such as such as coffee, chocolate, and other foods and products. Again, we should target our tariffs, not just tariff all imports. No matter how much you tariff chocolate, you are not going to be seeing any cacao farmers in the U.S that is enough to satisfy demand.

[@michaelpowell7120]

a tariff on ALL GOODS (as promised in Trump's campaign) WHERE DID HE SAY THAT? democrat

[@LucasPereiradaSilva]

This is what happens in Brazil: a 92% tariff that covers everything that comes from abroad, no matter how large, expensive, or country of origin. We have the most expensive phones in the world, twice as expensive as in the US, and cars are also incredibly expensive. 100 grand here buys a car that would be forbidden to drive in the US.

[@ScubaSteve-x8o]

@@michaelpowell7120 Google is your friend

[@ScubaSteve-x8o]

Exactly this.

[@francismarion6400]

And cut income tax!

[@MrRacket991]

Taylor Swift concerts are non-essential. She's still packing stadiums.

[@ukulelebutterfly]

And she's Made in the USA 🇺🇸 😍 ~ 🦋

[@pauldusa]

Spend less, Save more, I’m USA, 69 ,retired ,debt free ,0 cc balance ,auto paid for, my fishing pole has been by my side since I was 5 years old, still with me

[@bpb5541]

Gonna do a no spend 2025. Get all of my debt, including my house wiped away. Then I stack, stack, stack, and hopefully we don't get a crash until mid 2026 so I can come in with lots of money and buy everything up half off. I don't think I will be that lucky I think 2025 will be a horrible year.

[@rogerdodger6877]

What's that have to do with tariffs though?

[@quademasters249]

@@rogerdodger6877 If you don't buy anything, you won't be paying the tariff tax. I'm sort in the same state he is. I have no debt, have reliable older cars. I think I can ride out Trump 2 OK. I'm upgrading my computer now because I expect next year it'll be much more expensive.

[@junkmail7263]

So help out America and buy a new USA made fishing pole already. You’re probably fishing for carp with one of those old bamboo fishing poles.

[@LucasPereiradaSilva]

Everything will have their prices jacked up anywhere from 10% to 60% or more.

[@bobbylee3211]

Civic would be better, even at $3k more. I have NOT had a good American car. Ford 6.0 junk, Chevy with the oval cylenders, bad transmission, poor quality Suburban... i have totally given up on American made autos. I have a 2006 4runner, made in Japan, with 210k miles on it and it still runs like a watch.

[@ScubaSteve-x8o]

The blanket tariff proposed is 20%, not 10%, so $6k more. But still the better choice IMO.

[@quandingleberry445]

@@ScubaSteve-x8o60%

[@gregh7457]

your civics ARE made in the usa LOL

[@16Shaker]

The thing is most people can not afford any price increases that's why we voted for Trump now we find out were going to all suffer even more.

[@cabracove]

LOL, the tiniest bit of research would have told you the 6.0 is the worst engine Ford ever made, I have a 6.8. As far as Suburbans go, I have a 2008. Zero problems.

[@Ingenguero-m3h]

I flew in to Mexico City 3 weeks ago, there were ads from Chinese companies selling manufacturing plants in northern Mexico all over the airport.

[@Hung-di4fb]

I was at Walmart the other day and I’ve never seen it so dead. I do believe Trump’s tariff will hurt the economy. People will shop less and businesses will go out of business one by one.

[@amylee9]

Why didn’t you do this video before the election to inform all your maga fans? It’s incredibly frustrating to all of a sudden , after the fact, we have to explain tariffs. The crowd watching your videos are mostly magas and voted for this.

[@ShawwwHa]

I think he just learned about tariffs himself 😂

[@amylee9]

@ yes, you’re right. This channel had YEARS to do videos about tariffs. didn’t do it even with the horrible results from the last trump tariffs. Now, all of a sudden, as if surprised, “oh let me casually explain what tariffs are and how you’re gonna pay 60% more of just about all you buy.”. Ugh

[@krissy35]

Exactly! Gotta keep those views coming in from subscribers.

[@OpalRaza]

I think most Honda civics that are sold in the US are manufactured in the US

[@GrimmGaming3000]

Yep. Japan already “bent the knee” to the US during the first Trump administration.

[@variousstuff6469]

@@GrimmGaming3000 Wrong. Honda started making cars in the US in 1982. Honda celebrated it's 40th anniversary of making cars in the US in 2022. Anyone who studies US automobile manufacturing knows this.

[@jeremiahdonaldson1678]

Yeah. The most 'American Made' vehicle right now is the Toyota Tundra and the American vehicles are made in Canada and Mexico, so literally none of the tariffs will do what people imagine when it comes to vehicles.

[@OpalRaza]

Yep I feel like people are setting themselves up for disappointment when he takes office, people are acting like it's gonna be a party for 4 years

[@ScubaSteve-x8o]

@@jeremiahdonaldson1678 Trump is proposing 100% tariff on Mexico ... Canada will (only) be 20%.

[@Lolacocolala]

I’m afraid we people will end up paying their tariffs for them.

[@terryjohnson1376]

You voted for it

[@Watcher369]

if the civic sells for 33K instead of 30k, its not like the american company is going to make a car and sell it for the old 30k. They will also sell for 33k because it costs more to make it in america. hence the consumer will pay, its a tax on us all.

[@TheInterwebzMan]

And our actual income tax will be lower so we keep more of our money

[@jimfleece2880]

Did you learn math from a microwave

[@MCC876]

Okay, so the retailer importing the product pays the 10% of tariff cost. Is this 10% collected by the government? If so, it seems like a new tax. Hope the gov spends it wisely. Yeah, right.

[@rockerjim8045]

will reduce the national debt

[@jbone9900]

​@@rockerjim8045 that will never happen

[@rockerjim8045]

@@jbone9900 a crafty attempt at trying to reduce the national debt

[@jbone9900]

@@rockerjim8045 his first term it increased under him so no just another politician selling fantasy stories.

[@bubbajones4522]

Do you know why he's doing this? It's to eliminate income taxes. How much do you waste on income taxes?

[@drbobritter1143]

Tariffs are a TAX on every US citizen! Business pass this tax on to the consumer.

[@francismarion6400]

Buy American!

[@Joey-ct8bm]

@@francismarion6400 Not gonna happen. 95% of alcohol is imported. Whisky, Rum, Vodka, Wine, Beer and Tequila. I'll keep drinking the good stuff. Trump has 4 European cars and Musk has 8 European cars. Melania runs around in expensive dresses from Dior and Louis Vuitton bags. They aren't buying American themselves. Trump isn't gonna sell his Ferrari and drive a Corvette. Or sell his Mercedes Mclaren to drive a shitty American car. They will pay the tariff and so will i for some Jack Daniels or good tequila.

[@amylee9]

@@francismarion6400you think the same people whining about expensive eggs will be paying $150 for Levi jeans or paying 6 times for electronics? 😂

[@richarddaddio360]

@@amylee9 🤣 exactly right

[@MC-en9rg]

The tariffs on Ford and GM vehicles in Europe is 10% from what I have read. About time we give them a taste of their own medicine.

[@jerrymiller9039]

What did you read?

[@Hirogen24]

NOT TRUE

[@robertpierpont2262]

you are full of nonsense, fords are made in other countries & they have models we dont even have or make here because the European standards & specs are not like what we allow here. Motor sizes there are smaller, we dont make fords here for their specs & ship them there. Ford is pretty reasonable in Thailand because thery are made there in Thailand & thus avoid the Thai tariffs on foreign made vehicles

[@robertpierpont2262]

Ford Rangers made in Thailand have 2 liter turbo diesels, you cant even get that here in a Ranger, they are about fuel economy in Europe & Asia. They are not importing Rangers we make here because its a 300% tariff if they did. Oh & ford rangers sell for less new in Thailand than they sell for in the US

[@MC-en9rg]

@@Plutogalaxy whoops typo

[@islesofshoals3551]

The reason American products are more expensive is because employers have to pay for health care, maternity leave, unemployment, etc

[@juanvaldez7279]

Lmao

[@davidOConnor-z3l]

I remember prior to NAFTA and back in the 1970s we would have three cargo ships going out for every cargo ship coming in with goods,

[@terryjohnson1376]

And we taxed rich people. 1980 is when the wealth gap started getting bigger

[@s99614]

If it's sold in USA, it should be made in USA. Like it used to be.

[@dobedobedooo]

It's a new world now…

[@technologic21]

Get ready to pay more!

[@vladimirofsvalbard9477]

Yep, new world; Americans don't create anything. Prices have to come down in order for that to happen.

[@zuniga325]

Companies have to make that decision and many of them don’t care. Stop living under a rock.

[@Mikegastaldo]

News flash...made in the USA is garbage 😂...made in China..Mexico.. USA..all junk...

[@russellharrell2747]

‘Investment properties’ are the reason why tens of millions of houses are vacant. Private equity is a big part of this, but individuals sitting on second, third, and so on homes is the largest part. The housing crisis is made by the ‘petty bourgeois’. There’s plenty of homes for the homeless, but no money in those homes being reduced in price so that they are affordable.

[@ukulelebutterfly]

So true. I'm currently homeless. I've lived in this community for 34 years. I'm surrounded by vacant luxury homes. It's amazing how much money is all around me. It just blows my mind. How many properties do you really need? Why not invest in the community instead and create opportunity for others? That's my plan when God blesses me with Big Bucks. He will. "With God, ALL things are possible." Matthew 19:26 Not some. ALL ~ 🦋

[@larryhanshew5173]

I have a lot of houses setting empty and property taxes keep on coming and people cannot afford to move around it would seem. 😮

[@TOCC50]

sitting

[@robertwalker-gc1ds]

It's actually more than 10%. That 10% is part of the retailer's cost so he's going to roll that into his cost of goods and Mark it up accordingly. So the 10% is going to be marked up in his cost so that will raise it another 3 to 4%

[@vladimirofsvalbard9477]

I like the idea of tariffs, but under the current circumstances I see many problems occurring. In the current economic environment, you would probably have to push a 75-150% tariff against imported goods before their manufacturers would even think about coming back to the US. Now if consumers stop buying those imports (after the added cost); then the manufacturer loses profits. However, at the same time consumers will be further constricted to domestic items (which means significantly higher costs). As long as the exporter can absorb the loss in sales; nothing will change and inflation will go up again. We're stuck between a rock and a hard place. We cannot continue importing cheap products and foreign labor. However, we will also burden consumers with higher costs regardless. Even IF the manufacturer moves back to the US. They have to pay American wages while they circumvent those tariffs. So your costs will go up well beyond 10%. Now, with the FED cutting interest rates as well. I can guarantee we're looking at another round of inflation come 2026/2027.

[@censoredquotes]

@@Plutogalaxy Targeted tariffs on specific goods can be a good thing but a massive tariff on everything is most likely just going to backfire.

[@PresidentCamacho2024]

or,.. pull away from the US,.. produce and sell your goods globally,.. and the consumers in the US will have to pay tariffs on all the stuff they need.

[@vladimirofsvalbard9477]

@@Plutogalaxy Tariffs are good if your standard of living is competitive with your exporter. US prices MUST come down if this were to work in a traditional sense. At the end of the day, they might as well do a sales tax; because that's all it will amount to.

[@bubbajones4522]

Trump intends to greatly reduce or eliminate income taxes with this money. Factor that into your net equation.

[@PresidentCamacho2024]

bubba,.. for the rich,.. yes,.. just like trump did in 2016,.. massive tax cuts for the ultra rich,.. which led to an 8 trillion dollar deficit increase,..

[@mrcardenas400]

He said 25% today

[@scottpollan6364]

Inflation is about to boom. Watch out!

[@SomeUserNameBlahBlah]

It was going to boom without Trump's tariffs.

[@scottpollan6364]

@SomeUserNameBlahBlah that's not how math works. The tariff is paid by consumers. That's the consumer part of the consumer price index

[@robertpierpont2262]

@@SomeUserNameBlahBlah if it was going to boom anyway then its going to boom +10% with these tariffs

[@vladimirofsvalbard9477]

@@SomeUserNameBlahBlah Yes, but the tariffs will probably make it worse. Not like we had a choice. It's either death by inflation or death by deflation. There's no way out.

[@bpb5541]

STAGFLATION like the world has never seen is about to hit... and it is going to drive us right into a deflationary depression the likes the world has never seen. Folks need to start preparing now. Cut spending in half... get out of debt, and start buying things not pegged to the US Dollar. What those are I am not going to say, you need to figure that out yourslef. ❤

[@vincedurden6446]

Most Japanese car brands are made in America and don't pay any tariffs. They did that like forty years ago.

[@16Shaker]

Even Japanese cars made in the states get some of their parts from China

[@daveka5451]

Tariffs aren't necessary. Limited government is.

[@elvismontan8450]

There was a documentary I was watching about how Walmart uses illegal migrants & migrant children here in the USA for cheaper labor .. the documentary would follow these vans that would pick up the migrants to take them to the Walmart warehouse. Very eye opening. These corporations, not just Walmart, also use prison labor as well.

[@Just_a_good_old_boy]

I can't wait for my car insurance to be cut in half, my electric bill to be cut in half, tax free overtime, and gas under 2 dollars. Hope Trump delivers on his promises

[@ukulelebutterfly]

Hahahahaha 🙃🤪

[@terryjohnson1376]

Lol😂😂😂😂

[@AcidGubba]

😂 how ?

[@donhug-q8k]

I've set up my retirement to minimize taxes, thanks to Glen Howard Chester, a NY-based fiduciary whose expert guidance significantly influenced my diversified portfolio. At 58, my wife and I plan to retire at 62 with a booming portfolio that Glen helped me structure: $620k brokerage account (withdrawing up to $94k at 0% tax), $140k IRA (tax-deferred, using standard deduction), $325k Roth IRA (tax-free), $100k cash, and 15oz physical gold. Glen's strategic advice led me to allocate assets effectively, ensuring a balanced mix of investments, and his tax planning expertise enabled me to optimize our withdrawals. With Social Security, a $25k pension, and our diversified investments, we'll draw from multiple sources, securing a comfortable retirement.

[@KevinCollins-kg5hl]

Hi what is the fee you are charged for the services offered, did you pay any upfront fees for consulting? Because I just set up a consult and I am not sure what to expect back.

[@donhug-q8k]

Actually you pay fees only after you have began to make progress. Best you reach out yourself and do your due diligence. Thank me later.

[@MariaLorenpe]

​ @donhug I looked him up and found his consulting page. I’ve got to say his credentials are truly impressive! I've scheduled a call to discuss further

[@thomasallen6980]

Sucks you cannot afford to pay for a proper advertisement. How well are you really doing?

[@angelicfurry301]

What did you do for a living

[@christinelott222]

I lived in Tanzania for a while. There is a steep duty and VAT on everything. The economy is awful. Rich are rich, and the majority is in poverty. Everytime I visit Tanzania with gifts for friends, customs opens my luggage and i have to pay various duties. You want that? 🤮

[@seekrengr751]

VAT is horrible, and it has nothing to do with tariffs. VAT (value-added tax) DISCOURAGES production. No wonder Tanzania is a mess - a NVAT (non-value-added tax), which would be a tax on speculation, including real estate, would actually increase standards of living. We've grown stupid in the US. It's time to reverse the stupidity and force US production again. It will make some (almost all luxury) goods more expensive, but not energy, housing, or food, y'know, the necessities that either are or should be made here.

[@Dryloch]

Sam Walton was very proud of how many Made in USA products they used to sell. Maybe go back to that for a change. Japan charges tariffs on our cars going to Japan. If they stop...we won't start. That is what he is trying to do for the most part. Germany is the same, charges us tarriffs on cars but doesn't want tariffs on their cars.

[@deep6301]

Americans need to tighten their belts and quit over consuming cheap, slave labor-made products. Trump has 2-4 years to turn this sinking ship around. I can't be any more economically challenged than I am now.

[@bubbajones4522]

Right! He was a good man. If he could see his parasitical decedents making $16.3 Billion NET profits a year off of struggling American people he'd leave his legacy to charity.

[@strokeracp1]

Abolish Property tax ‼️

[@1968CudaGuy]

The biscuit wheels on the financial gravy train are juuuuuuust about to fall off.. It will be epic...

[@douglasgreen437]

😂

[@Ch1n4Sailor]

The journey of a thousand miles, starts with the first step!!! We can’t continue to have TRILLION DOLLAR trade deficits with EVERY COUNTRY on the face of the Earth!!!

[@npolite22]

Are you willing to pay 7 times more for your phone to be made in the US? I didn’t think so. That is why cheap electronics will never be made here

[@GeorgeKennedy-u4r]

@@npolite22 I paid 40 bucks for my android. At $280 it's still less than the cheapest Apple (made in China) in Best Buy.

[@christinelott222]

Every country in the world has excessive debt, it keeps the world going.

[@muskyful]

Check your information "facts" !

[@francismarion6400]

​@@npolite22I don't need a new phone for 5 years.😂

[@Hankjones1]

I would say just text the people on the tariffs that voted for Trump

Tariffs push the businesses out of China specifically and into America. How has shipping most of our industrial base out of the country benefited USA workers?

[@deep6301]

Someone has to make changes. We are circling the drain here.

[@danielbaird7419]

A Mexican flag , Hank ? I think I can guess where you want everything made.

[@Micha63857]

Workers overseas are paid less than $2 an hour. American worker wants $25 minimum. How much you think this will cost a consumer?

[@bypinkerton892]

It's to offset all the income tax cuts....

[@rachaelpino6914]

Your videos always have so much to talk about. So my first comment is that I can't believe a Honda Civic is $30,000. I am legally blind, and so obviously I don't buy cars, but geez. I thought Honda civics were the economical choice but 30000 is a lot of money Secondly, what you said about the lack of environmental regulations was really interesting. I teach English as a second language, and I talk to people from all over the world. One of my students inspects factories all around Asian countries, and he told me that I am lucky to live in the United states, because we haven't destroyed our environment. I think of all the people who complain about the environment, and wonder if he thinks we haven't destroyed our environment, what does a destroyed environment look like? It must be pretty bad. Lastly, I mentioned that I am legally blind, and so life has been pretty difficult for me, and I have lived in poverty for most of my life. I would like to tell you and your viewers, you can do without all the nonsense. Just concentrate on a roof over your head, food to eat, shoes on your feet, and clothes on your back. You can live without the rest, or you can improvise. In fact, improvising is half the fun in life. Don't judge people who have less than you, and who might go to extremes to make ends meet, because you don't know how easy it is to fall into their shoes. I appreciate your channel, and all the information you provide. But just keep in mind that you are lucky to have a roof over your head, food to eat, and close to wear. And you are able-bodied and can make an income for yourself. Not everyone is so blessed.

[@cHernandez6449]

What we need is a better public transportation and more affordable housing… not stupid tariffs on foreign imports

[@garethwilliams4467]

they're not stupid. EVry country needs to protect it's own owrkers - this was common sense before free trade

[@eduard1792]

Taxes / tariffs burden will be passed onto consumers via increase in prices as per standard practice. If they really want manufacturing to come back they should create incentives for that inside the country such as lowering taxes for these manufacturers and reducing overhead costs

[@douglaslaw3752]

Honad makes more cars in the USA than in Japan. Honda has 12 manufacturing plants in the USA Micheal.

[@PresidentCamacho2024]

and they all use parts from abroad.

[@junkmail7263]

@@PresidentCamacho2024 BS! During the course of my career in quality control I have been to many casting and forging plants in the US that supply parts to Honda.

[@douglaslaw3752]

@@PresidentCamacho2024 I agree that all US manufacturers has foreign inputs into America manufactured vehicles. I would say Mexico has the largest share with those parts having many American inputs. It's estimated that a Mexican part has on average crossed the borders of the US and Mexico 8 times before the final assembly of a US manufactured car.

[@douglaslaw3752]

@@junkmail7263 I'm an IBEW Union Electrician and we love working in Honda plants. I don't see any non union workers doing shut downs and construction. We love all the transplants.

[@LucasPereiradaSilva]

Electronic components are mostly or all made in China. LEDs, lamps, screens and so much more.

[@lilmisslena1386]

What it seems like a lot of ppl are missing in the comments is that this won’t bring back manufacturing the way that they are selling it and we can’t produce all raw materials/parts here that are required for these items. A blanket tariff on all incoming goods will not magically bring back manufacturing in the next 2 years and it definitely won’t reduce prices. I don’t know how many of worked for a mfg during the last Trump presidency but I will tell you the result of the tariffs at that time didn’t do any of the things that you are being promised.

[@lilmisslena1386]

Also unless we are going to go back to the hay day of US mfg - people will not want these jobs because they won’t offer the same income power that they used to. If you look at what people used to make in Dayton (the rust belt) for steel production and then look at what companies would pay them today….people aren’t going to be able to make wages to live in the cost of living we have today and pay into retirements (because no pensions anymore) while beating their bodies up at these jobs. The elevated cost of groceries, housing, and healthcare are while making $15 an hour in today’s day and age…you are going to struggle keep a workforce. I don’t claim to have the volition but this idea that by implementing tariffs it’s going to bring us back to the “good old days” is really unrealistic.

[@danielsobus4487]

Hi Michael, Many Honda Civics are assembled in Marysville, OH.

[@larryhanshew5173]

WITH TARIFFS SALES TAX MUST BE HALTED ABSOLUTELY 💯 😮

[@goodtimes9501]

This is so depressing! Under the impression "Make America great again" means the prices STILL going up and more expensive!!!

[@Hankjones1]

U voted

[@bencharlie9509]

You’re not getting the full picture here. Please read some of the other comments.

[@elviscobb5922]

Yes, they will go up! Economists have tried to explain this for the past several months. People wouldn’t listen.

[@LucasPereiradaSilva]

@@bencharlie9509 Brazil is next door, and they have a 92% tariff that was initially 60% SINCE THE 1980s. Is Brazil a manufacturing powerhouse? This is done and busted, tariffs do nothing other than raise prices and make your salary vanish even faster.

[@tuganheimer]

One of your better videos. And I watch them all!

[@Dan-oj4iq]

Speaking of money! The cost to trim that hedge at 5:26 would blow most people out of the water. A landscaper's dream.

[@Mr007troy]

I was seeing the same thing! And almost every house is gated.

[@graymoody1429]

Hahahah the old guy just chillin' at 2:42

[@randyriverat]

American made Alternatives will appear like sprouting trees

[@theboringchannel2027]

bananas, coffee, tea all items that can't be grown in the US

[@revmansolution]

​@@ericeric9208free markets and government tariffs?🤔

[@carystevensky]

@@ericeric9208 They tell you that until poverty continues to increase and the wealth gap widens even further. Propaganda by the right sure has influenced your thinking lol. Why do you think the DOGE was created?

[@LucasPereiradaSilva]

@@revmansolution Brazilian liberals also stood with former president Jair Bolsonaro when his government threatened a 92% tariff on all imports back in 2022. Some people can impose tariffs and still get a free pass.

[@quandingleberry445]

Good look finding them. Aint shit here that can be manufactured. I have to source from china to make portable bottles

[@dimitriberozny3729]

You have to take 25 steps back to go 28 steps forward! You are spot on about this!!!

[@16Shaker]

Yeah good for you are you in the top 1% ? I'm not I'm barley getting by as it is now I find out Ill have to pay even more for everything so Damn tired of being lied to.

[@andrewc662]

Most of the Latin American countries have high tariffs on imported goods. Doesn't help their economy.

[@LucasPereiradaSilva]

Brazil has had a 92% tariff on all imports since the 1980s. The result: the world's most expensive iPhone, one of the world's most expensive cars (which would never be allowed on US roads because they are a safety hazard), and a dollar-equivalent minimum wage of US$150,00. I AM SEEING TRUMP TURNING THE US INTO BRAZIL VERY QUICKLY.

[@jimfleece2880]

​@@LucasPereiradaSilva Yeah but Brazil isn't the superpower that the US is and doesn't have as much leverage

[@partynxs5351]

Wal-Mart's Great Value canned vegetables recently moved their canning production to Thailand. So, one of the cheapest food options would increase by 10% on top of the obvious food inflation costs 🥴

[@RobinRockefeller]

And multiply that for thousands of products.

[@ricnyc2759]

Tariff is that thing that YOU will pay for.

[@parkour267]

Why would i want a crappy US car when japan and Europe outdo anything else out there for quality or design or affordability and efficienct. No thanks

[@Mr007troy]

Someone I know way back in the 80's said his dad had modified a Cadilac with a carborator that got 80 miles to the gallon! It can be done.

[@technologic21]

Get ready to pay more. Tariffs are a tax on imported goods, which means the cost is going passed on to the consumer. Trump isn't very bright and neither are the fools who voted for this.

[@MichaelBinz-d7j]

I agree sheep and lemmings.

[@AmericanHinoki]

had kamala won you would have bread line and shortages of all kinds due to the price controls she was going to implement and a tax on unrealized gains on stocks, any negative caused by tarriffs is minescule in comparsion

[@ScubaSteve-x8o]

Thanks, yes I agree completely.

[@danielbaird7419]

@@technologic21 I checked with my doctor and he tells me they now have medicine for that TDS you have. Don’t miss any dosages.

[@larrytennant7476]

That's what the trumpets voted for so I have zero sympathy.

[@kblake6841]

In the UK I'd much rather pay more to buy British. We're not well off but failing that I'd rather buy second hand. People buy way more crap than we need anyway.

[@MyaVilla88]

Very great video Michael 👏🏼♥️. You explained this thoroughly. I now get it and how it affects us apart from just charging the other countries more

[@DefianceCrow-ji1rr]

If we can't afford groceries how are we going to afford a car no matter where it's made?

[@llew-AZ]

Stick with the Honda as they break down way less...

[@LamelKendrick]

japanese manufacturers aren't what they were 20 years ago

[@AdrianFahrenheitTepes]

@@LamelKendrick There’s a number of 20 year old Hondas driving on the roads still.

[@LittleMopeHead]

@@AdrianFahrenheitTepes ​ @LamelKendrick Both True. I drive a 1997 Lexus ES 300 w/ 275k miles still. Got to love the cars from the 90s.

[@iq-nj4xg]

Brilliant explanation! Amazingly, most people don't seem to be able to grasp the concept of tariffs!

[@steveg6978]

As a candidate, Trump pledged to slap 60% tariffs on all goods coming in from China and 10% tariffs on goods imported from all other countries. 200% on Mexico car imports. Usually you are pretty good on your background info. This time I think you missed it.

[@jaysonanderson7303]

I ain't buying nothing big until orange man goes away.

[@jetsam12]

TDS syndrome

[@elvisguitar5394]

Look how much automobile retailers increased their prices since covid. There was no tariffs then . What happened? Prices went up about 40 percent on automobiles. America do not be worried about this . The country just wants companies making stuff here and employing our workers instead of Chinese workers and building their economic wealth. Lets build US wealth.

[@oneone3983]

It was tariffs before covid 😅😅😅😅😅😅

[@bpb5541]

@@elvisguitar5394 supply / demand economics. That is what happened. Problem is prices are still crazy high... and we just want to make them go higher. Nope not gonna work. It will just cause price rejection even faster and that will cause us to go into a depression. We can barely afford the interest on the debts now... its going to be horrible.

[@plica06]

Look at that day, end of November but it's still summer in Florida! I can't imagine that lifestyle, would be so nice. I hate the cold.