Trump Tariffs in 2025: A Simple Explanation

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Building wealth is like climbing a mountain; investing is the steady ascent, retirement is the summit."

floweridforlove.
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This is hands down the best source of unbiased financial news and explanations

Cads-ni
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Unless there is a competitive product in the US then tariffs are just tax for US citizens.

AstroSquid
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The tariff 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.

GreggElliot
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The worst part is, companies are already talking about increasing prices more than 10%, just like they did in the pandemic. They know we are expecting increasing prices, so they will try to get the maximum they can squeeze from us.

trissyschool
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I’M AN IMPORTER…I PAY THE TAX and raise my prices to my retail customers who then raises their prices to consumers. It's 100% inflationary

Ellipsis
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Can we all stop to appreciate how straight forward and unbiased this was. Well done sir!!

tynannicholas
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I cant believe this was made 4 months ago before this trade tariff crisis, but well explained

samsantana
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One thing to add: U.S. companies also use imported raw materials, services, and hardware to produce their products. As the prices of imports increase, it also forces U.S. companies to raise their prices, which are already uncompetitive (Vacum example in the video), to make up for the increased cost of production. Whichever way you spin this initiative, it's going to be inflationary.

Thank you for the unbiased and informative videos!

TeddyMrEthio
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In my opinion, unless Congress significantly reduces spending (like, cut it in half as a starting point), then talk of tariffs is just another rearrangement of the chairs on the Titanic.

CalebLeverett
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It will still be cheaper to make in China even with 100% tariff. That is how large the cost gap is now. Meanwhile, US consumers will need to pay more without any new jobs created.

gonnabehappy
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Wow, this guy just dropped a whole economics course on us😅 📚💡 and he did it perfectly 😊

mbondematute
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Trump’s 2018 tariffs made steel prices explode. I have literal receipts from my suppliers.

doesitgame
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With all due respect that doesn’t stop Nike from still charging you $80 for a pair of sweatpants when they’ve only paid $4.25 to make it

valorusa
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We should not tarrif anything that we cannot feasibly produce, like coffee, chocolate, cheap clothing. We should target out tarrifs with a real endgoal or industry in mind.

Jmacklla
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This is my favorite finance channel, no long talk, straight to the point always, love you man!

prosperogbonnaya
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Also, to use your example, Walmart won't add $10 to the price, they will add $15 to the price so they can increase their profit margins. We know this because of how many companies did it after COVID when everyone was using the specter of inflation to price gouge. You can look at various corporate' profit margins. It's right there in their financial reports.

brandoncostea
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Two things not mentioned: (1) retaliatory tariffs (2) Price competition. If the Toyota in the example goes up in price by 3, 000, any American brand that is price competing with the Toyota will raise their prices too, just because they can - its how capitalism works.

kagang
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Thank you for putting this in words that some people need to understand.

wreckitralph
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It took an Asian to explain and educate everyone 😂😂😂😂😂 Love it!

DavidTexas
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