Trump’s proposed tariffs will put pressure on the consumer #shorts

US Treasury Secretary Janet Yellen has warned that the tariffs could make life even more unaffordable for American consumers.Yahoo Finance's Rick Newman discusses the report on June 17, 2024.

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[johnboats]

Or force companies to invest in american manufacturing.

[trishabee]

Right now we the people are paying too many taxes

[tommykrynock]

If the price is too high the consumer will not buy 😔😅😔

[ralphriffle]

Bring back the pre 70's tariffs. Make America Great Again

[blitzegron]

Yes, but as long as the price of Chinese goods are cheaper, no one will manufacture in the USA. Also, remember your not just losing jobs and revenue but you are funding the enemy. Search Philippines China and see what no one is talking about.

[bubcat]

Tariffs absolutely raise the price of imports. That's the point. Supply and demand curves shift making it less likely for foreign countries to make money in America. Why do it? BECAUSE THEY DO IT TO US !!

[SENORxMUERTO]

The point of the tarif is to Get these companies to BUILD IN USA. We need to charge these billion dollar companies for outsourcing our products, Its a great idea, Trump 2024

[mytar]

How are you gonna add more american jobs if we don't balance the scales. Remember, we've let over 10 million people over the Border. In the last four years.

[RobotWizard]

Governments impose tariffs to raise revenue, protect domestic industries, or exert political leverage over another country.

[geraldcliver]

Sounds great to me! Buy America, Make it in America.

[Alex-srez]

Those tariffs will compel US companies to stop pushing Chinese products and maybe start selling products sold in the US!

[thenecessaryevil]

So the high tariff is going to the electric cars china intended to undercut the automotive industry out ofthe buisness. The flat 10% tariff won't really affect much, some countries currently pay 8% some 15%

[kenwellersr]

Bring the factory jobs Back to the USA !🎉❤

[Cp-jvmf]

Raise tariffs and get rid of income taxes

[brianbrewer]

Trump also said that we would not have to pay federal taxes because the tariffs would be enough to cover it. So, it sounds good to me. 😂

[Nightowl-OO]

And so, choose not to buy, typical left response

[Wytedevil]

Then stop outsourcing your products and make them here 🤷🏻‍♂️

[charliepinoy]

obviously you don't know how it works. If Chinese product goes up Ill buy American products with better quality.

[johnpapa]

I support tariffs on all imports including Canada and Mexico.

[marcellehouston]

His tariffs last time are what started inflation. What do you think more tariffs are going to do?