Will Tariffs hurt the US Economy? Pros and Cons

In this week's update, we delve into Trump's economic policies, focusing on the potential impacts of implementing tariffs on imported goods. We'll explore how tariffs could boost domestic production, create jobs, and improve national security, while also examining the risks of potential trade wars, inflation, and supply chain disruptions. Additionally, we'll discuss the broader trade deficit issues and the measures proposed by the Trump administration to mitigate inflationary pressures through energy price reductions.

time codes
00:00 Trump's Economic Policies
00:15 Understanding Tariffs and Their Impact
01:11 Goals Behind Implementing Tariffs
02:17 Challenges and Trade-offs of Tariffs
02:29 Trump will look to the Market
02:51 Impact on U.S. Companies and Inflation
03:31 Energy Prices and Supply Chain Adjustments
04:06 Tariffs as a Negotiating Tool
04:31 Risks and Uncertainties of Tariffs
04:37 Bond Yields, Stocks and FEAR

#finance #economy #stockmarket

[danielpupo]

History has shown us they will hurt and condititions now are even more likely to be harmful than the last time. People should have paid more attention back in their history classes

[gj]

No, tariffs won’t hurt the U.S. economy. However the Chinese economy will be severely hurt.