@toothlessseer3153
"For every complex problem, there's a solution that is simple, neat, and wrong." H.L. Mencken
@00bikeboy
Beware politicians peddling simplistic solutions to complex problems.
@zhli4238
Trump said "China paid the tariffs", but in reality, American consumers paid. That's thinking about hurting China first, not benefiting Americans first. In the end, who lost the trade war?
@life_death842
This aged like fine wine
@soupisgood44
WHY DON'T PEOPLE KNOW HOW TARRIFS WORK. I'm here in Argentina, and you want to know how much a bottle of imported shampoo generally costs? $20-$30. And some items don't have many competitors, so the Argentian products get away with ALSO increasing their prices, because it will still be cheaper than the imported option, and it causes a domino effect with increased prices. Tarrifs are a nightmare for regular people
@MaoZhu-j6q
In all honesty, it actually doesn't matter who on earth pays the tariff whether it be the manufacturer or the importer. Because at the end of the day, only one person will pay. The Consumer.
@PrivacyZone
It's ironic that Trump pushes for tariffs on China to 'protect American jobs,' yet many of his own campaign products are made in China. If he truly wanted to support American workers, shouldn't he lead by example and source locally? This feels more like a double standard than a real solution.
@LacertaProject
Well, well, well... Look at the sh** we find ourselves in today.
@dennisw8026
Economists hate it because they are not stupid
@NorthernChev
I work for one of the nation’s largest steel importers and distributors. When Trump imposed the tariffs on steel we kept buying the Chinese steel (because that’s what our customers wanted) and took that opportunity to massively jack up our prices on American steel to MATCH the now inflated price of imported steel. All our competitors did the EXACT SAME thing. Our customers had no choice but to now pay this premium costing American consumers billions of dollars extra annually and as a result helping send the country into economic inflation due to everything costing more. Edit: Industrial customers who buy steel for manufacturing can’t simply switch over to a different steel due to the elemental properties of said metals. Each “type” of steel, even though categorized as “the same” have slightly different properties that throw off a factory’s setting and require all new testing and production line recalibration. You can’t just STOP buying one type of steel and switch to another. That’s why our customers demanded we keep selling them the Chinese steel they had been using before the tariffs. These tariffs HURT American industry and we handed that hurt down to the customer’s pocketbooks.
@BP-1988
I have a major problems getting behind an economic plan proposed by someone who was able to bankrupt a casino.
@Todd-v2n
The tarriff plan will evidently lead to high inflation, the high inflation is a significant reason why most retirees have sleepless nights. The increase in prices of everyday items puts them at risk of running out of money. As prices rise, the amount of money retirees can withdraw from their retirement savings also increases.
@XKwiziteRecords
This is quite tarrifying
@nicholasmcnelis6931
This video does not cover the fact that Trump does not understand how tariffs work. Trump had claimed that tariffs don't raise the price on goods. Trump had suggested a 200% tariff on an American company that moved manufacturing out of the US.
@AlphaGeekgirl
He doesn’t have a tariff plan. He’s been asked at least two dozen times in various interviews what his tariff plan is, and he has never once answered the question. But he might have a concept of a plan.
@motorheadbanger90
I showed this video to high school kids and asked them one simple question: "So, what are your thoughts on tariffs now". The response was uniformal: "They're awful for the U.S." If high school kids can discern this...why can't a sitting president with supposed economic advisers around him? Buckle up boys and girls...this is going to get worse and we truly don't know if it will get any better...
@jackkelly6251
It's actually insane we have a candidate whose only economic policy is tarrifs, and he genuinely has no idea what a tarrif even is
@ebrim5013
I’ve always appreciated the line “Tariffs are you doing to yourself in peacetime what your opponents will attempt to do to you in wartime.”
@nilswedin8480
A major cause of the Great Depression in the 1930s was tariffs. Nobody wins trade wars,
@wsj