@TomBrown-t1s crazy how you care so much about her fast food employment instead of the actual important issue talked about in the video you are commenting on
@@martin2289 Economy doesn't depend on politicians or the State. It depends on We, the People, making run the economy again .... Politicians cannot rule the economy because the economy doesn't obey them but does whatever it decides
During the tariffs imposed on washing machines in 2018, the government collected billions and the only people it hurt where the consumers who needed to buy washing machines. If washing machines made billions, think ow much all goods from China will generate. And that goes directly into the U.S. economy. This is a unique opportunity. We're about to have whatever the opposite of a recession is.
We've got the full picture now: a businessman who went bankrupt six times got lucky and was picked by NBC for 'The Apprentice,' which made him look like a successful CEO. It’s pretty clear that any business school student should know the tariff war ended up doubling costs for customers.
If they are still selling the same number of units but with double the price tag then it means they were pricing the goods too low originally! My point is that if tarrifs have zero effect so that Chinese made goods are selling the same amounts in the US as they did before but with higher prices to offset the tarrifs then it is quite evident that the price is still within reach of the consumers, or there are zero alternatives (I wonder why).
@@AB-jz9ns Your point doesn't make sense. You assuming that if people are still buying at the higher price than they can still afford them so their prices where too low to start with. But you don't know what people were doing to be able to afford the higher priced goods. They might have saved up longer then they would have before. They might have gone without other items. The fact that people are still buying doesn't mean that the higher prices aren't a problem for them.
@@TKHaines If you study economics you will learn that in a free market the prices are set by the demand. If a company was making 100 widgets in China and selling them in the US at $10 each and after tariffs were imposed they are still selling 100 widgets at $20 each then it means they had originally priced their product below what the market was able to pay. If they had priced it correctly then they would have sold fewer widgets (let’s say 70) at the higher price and that higher price would be higher . This is ECON 101
@@obianikapeter8973 Everyone has a take! But the point is - with all the talk concerning how bad the economy is right now - Fareed is the ONLY one saying this. And he is saying it on the anti Trump Cnn. Mmmmmm!
Its misinformation - Cnn is the Fake News - the proof is how bad Biden and Harris has done the past 3 and a half years! The economy had never been this bad in the past 10 years!
I feel like nobody is dumbing it down for the masses well enough. If a pair of Nikes currently cost $100, and a 50% tariff is applied, that pair of shoes would cost $150. Nike isn’t going to eat into their profits to keep prices down. It gets passed on to the consumer. Meanwhile, the US made shoe that only charged $75 to remain competitive with the Nike pair, can bump their price up to $100 while still looking like the far more affordable option. You’re now paying more regardless of which shoe you choose because the tariff has caused all prices to rise.
You also have to include the increase in price on the cost of imported factors of production as a result of the tariffs, which will obviously and ultimately be passed on to the consumer.
Exactly.. just common sense.. Charge tariffs.. foreign Countries retaliate with tariffs of their own.. leading to US Companies paying higher for goods imported.. passing that cost to the consumer. It doesn't take a genius to realize that.
@@Oneil-TV Trump voters obviously don't care about the how. Let's take them to their belief and hold Trump accountable. He's gonna get it or not ...if not ....
During the tariffs imposed on washing machines in 2018, the government collected billions and the only people it hurt where the consumers who needed to buy washing machines. If washing machines made billions, think ow much all goods from China will generate. And that goes directly into the U.S. economy. This is a unique opportunity. We're about to have whatever the opposite of a recession is.
To be fair to them. Trump wasn't their first choice and given he was essentially the prize, they had no choice but to engineer things to make out like he was successful. At that point, it was just a TV show. Have to wonder if Trump supporters have taken on their role? Take hours of Trump's insanity, edit it down in their head into something that makes him look competent and presidential?
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets. It's YOU that has no idea what you are talking about.
Hey genius….did you know that all the Trump tariffs that he implemented during his presidency are still in place? Yea! They were kept on by the Biden administration because they worked! Read for yourself man! It’s ok to utilize your brain and make critical choices. You don’t have to be part of the Democratic Collective where all of you share one thought and one brain
@@Johnnyred51 Many successful businesses owners filed bankruptcy before making it big….Walt Disney, Henry Ford, Henry Heinz, George Forman….etc. Trumps knowledge of wealth both domestic and international is vast. He did a great job running the country when he was president. So your comment is actuall ignorant….goid try though
@@Tinfoilhelmets they won't. It's pure business. The well known major news network in the US, about 9, like fox News, CNN, NBC msnbc, ABC etc. They generally stick to journalism ethics. Except fox. Half the audience viewership share among the 8 while fox takes the other half. Who makes the most money? 😉
THE FACTS: GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
Instead of believing everything the media says who a lot of times are bias, why dont you listen to what the person is saying himself. I encourage you to watch the bloomberg interview that this guy referenced and then make an informed decision
@@chillhill740 instead of senselessly rising to the defense of the indefensible... why don't you grow the balls to call a spade a spade... Fox lies... excessively... that is independent of this or any other interview... and there is far more evidence against the idea of tariffs than there is for it... bias or no bias... stop using that word as an excuse to reject facts you don't like... that is childish pandering... and it's disgusting...
@@brandon3525 Tax records and medical records not released by Trump, proven tax fraud, guilty and disbarred from doing business in New York! Trump is very much in debt, he needs to steal from his campaigns to pay his bills.
This needs to be shown on every Local News outlets so the American people can actually understand how inflation works. But the more you keep your people ignorant the more power you have over them.
At this point with all the facts out there, if the US public vote for Trump they will deserve everything they will have coming. For a country obsessed with their constitution, i wonder how many have actually read it
Well, the tariffs in his first term were targeted, measured and didn’t caused damages or inflation. Secretary Ross did studies before round of tariffs. As for the washing machine example, tell me by how much extra dollars, a consumer paid for washing machine? $20, $25). I don’t think tariffs on shoes will be included, (since we don’t make them here in quantities), nor it’s going to be %50. Fareed is a creature of Chamber of Commerce ideology (free trade and free movement). Relax, and let’s see it.
Everybody knows that one factor that fuelled the great depression was tariffs. Tarrifs discourage trade and the higher prices discourage consumption. This slowed the economies of countries down significantly. Trade is very important for a country.
That's a great analysis! These tariffs will drive up prices and inflation like crazy as nearly every economists agree and will be hurting U.S. economy badly! It's insane that people think Republicans would be good for the economy. The last several Republican presidencies always ended in a recession!
Then why did hypocrite Harris Biden raise tariffs in 2024, 18% on Chinese steel imports? Left the current Trump tariffs in place. You sound like a typical uneducated uninformed democrat TDS sheep.
Well, the tariffs in his first term were targeted, measured and didn’t caused damages or inflation. Secretary Ross did studies before round of tariffs. As for the washing machine example, tell me by how much extra dollars, a consumer paid for washing machine? $20, $25). I don’t think tariffs on shoes will be included, (since we don’t make them here in quantities), nor it’s going to be %50. Fareed is a creature of Chamber of Commerce ideology (free trade and free movement). Relax, and let’s see it.
High universal tariffs always harm the economy. The Smoot-Hawley tariffs plunged us further into the Great Depression. The McKinley tariffs led to a long recession. There is no mystery here. Trump's proposed tariffs would be a disaster.
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
@@Celestial_Reach Ah yes, bringing up the Nazis. Same old fear-mongering nonsense we've heard from your side the past 8 years. Also, look up "Godwin's Law" - that applies to you.
@@Celestial_Reach Ah yes, bringing up 1930's Germany, classic rhetoric from the left when they have no arguments. Also, look up 'Godwin's Law' - that applies to you.
GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets. He gave exemptions to companies that could prove that terrifs would hurt their business or if they were not able to get product domestically.
He can't. No POTUS can control prices at such micro level w/o direct market intervention. Then companies would howl & cry communism. Reason why many grocery prices still so high, even though pandemic over & economy is banging. Only extraordinary circumstances enable govt action -- eg, price-gouging on gas during hurricane evac.
@TomBrown-t1s For the same reason that you buy stuff made in China Cheap labor means cheaper prices to the consumer and higher profits for the corporations that outsource manufacturing jobs to places like China All tariffs are going to do is speed up the process of Western countries moving to places like Vietnam, India and Mexico for manufacturing because labor there is now cheaper than in China. It isn't going to bring manufacturing back to the U.S.
Biden kept all Trump's tariffs and even expanded on them. If these tariffs are as bad as the Democrats claim they are, why are they so happy to keep them?
@@wlhjr77 No she's not... I've seen Trump build real estate in NYC when the Mafia had control over concrete production. His achievements is greater. Kamala seem like the Ultimate DEI hire. What is her achievements?
The MAGAs and Trump are literally like an abusive husband they hit you and then act like nothing happened and try to blame you!!! …. But, THIS NOVEMBER WE WILL REMEMBER JANUARY 6!!! … VOTE BLUE ALL THE WAY!!!💙💙💙💙💙💙💙💙💙💙🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸💙💙💙💙💙💙💙💙💙💙💙🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊
Black "MEN" will vote TRUMP2024!!!!!! (...and so will White "MEN" and Hispanic "MEN") feminized and homosexual men will vote kamalalala... it's that simple
Oh give me a break....you leftists burned entire cities when he won in 2016, and then turn around and want to talk about Jan 6th like it was anything but staged by Democrats. Democrats will NEVER be anything but stupid children. And yes, I mean ALL OF YOU Trump 2024🇺🇸
Maybe they will understand when their new Pick-up truck from Ford, Chevy, or Ram goes up in price by 30% because most of their parts are made in Mexico and China.
They never will. Trump will blame his failed polices on others and his MAGA minions will believe him no matter what the evidence says or how badly it affects their lives. Everyone will soon feel the effects of Project 2025. Moderate swing voters will put Democrats back in control of both the House and Senate after the 2026 midterms. But MAGA minions will stick with Trump no matter how badly he uses and destroys them because they are not driven by logic.
So, it is not just lower taxes for the rich. They actually want tariffs on compitition from imports. Finally, I understand this madman, Trump. Of course, that is what fascist do , to get power.
yeah and that will cause you to have a higher paying job. Globalization is for the elites Tariffs are for the common man and they worked and work every country has a tariff on something
@@psycadelic2009 Oh , I guess I could tell my school credentials and my tested IQ. But that is not the issue. By the way, my uncles were part of a great many farmers, who were of fighting age, that Mussolini jailed, from the country side. He sent all the young men from my Dad's village to the Russian front, without supplies, and they all froze to death. My Dad, got himself exempted, so now I am here and still kicking. So, yes, I am studied concerning fascism.
@@marierose6792 Trump was the only president in decades that didn't start a war. He walked in an enemy country alone to make peace. The Abraham Accords are the closest we've ever come to peace in the middle east. Kamala and Biden have given almost a trillion dollars to the Ukraine so that young men on both sides can become cannon fodder for next gen weapons testing and money dumps to people like Retheon and Rockdyne. Trump said, "I want people to stop dying." Last month Kamala said that if Ukraine gave up any territory for peace, even the Russian speaking lands it was, "dangerous and unacceptable." "The United States supports Ukraine not out of charity, but because it's in our strategic interest," Harris said. At the same time Biden announced billions more in weapons for Ukraine that would be given before the election could be held. Tell me again; Who wants peace and who if the fascist?
Small business like restaurants can't afford a 20% price increase on their produce. ( grown in Mexico). That TAX would have to be passed on to the customer.
Wrong Fareed. The celebrity businessman understands business, and you got it earlier in your presentation. If there are no tariffs from which a business can seek exemption, what negotiating tools are left? It is the art of the deal.
40% of Americans are for a "very stable genius", a milignant narcissist, a felon with 6 bankruptcies repeating Hitler word for word and looking for internal enemies as Stalin did. Stalin killed 20 mln people in the GULAG.
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
He will win because there is a segment of the population that is more susceptible to emotions than logic. Trump understands this very well. He once described them as voting for him regardless of whatever he does, and he was right. Let just hope this is not the fall of Rome.
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? Children usually do not understand this.
So explain why it's okay for China to do it to us, but not okay for us to do it to China? And while your at it, explain why we have thousands of auto manufacturing jobs in the US from Japanese companies.
@@ericbailey6779 do you have a PHD in economics? Then listen to those who know better and don't complain when inflation will skyrocket with a "stable genius".
@@dinaf1409 Nope, no Ph.D. Only a masters and bachelors. My degrees are in East Asian business history and American history with a focus on labor and business. But those don't matter. Only a midwit would trust a piece of paper, silly credentials and a slick accented reporter instead of picking up a book and reading for himself.
He also leaves out the part where dropping tariffs leaves us with a huge trade imbalance and make us reliant on steel, microchips, oil, and pharmaceuticals from countries that consider us enemies.
Tariff's are not hard to understand How Trump and his followers still don't get it is beyond me You raise the price of foreign goods coming into the country to support local industry by making it more expensive to purchase foreign goods That's it. Everything that anyone needs to know about how tariff's work
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
@@ericbailey6779 That is delusional He used tarrifs to cost American farmers a fortune and had to bail them out while also driving up prices of electronics
Most of the Rual Americans who had to close down their milk businesses during the first Trump term didn't listen. They voted for more Republican action.
Harris had a Great Run ,she has done so much in last 4 years, and most importantly she did a lot with her Boyfriend Mayor Of SAN FRANSISCO, A nice clean City with no Crime ,and she carries a Glock to make it even safer.
@@vlynst according to some of the biggest business people in this country we need tariffs and use tariffs to keep china and others in check. Some believe it should be more than 10%. All this guy is doing is trying to make trump out as someone thats dumb. Only the dumb believe this clown.
@@vlynst do you? What has the Harris adminsitration done for 4 years? We all know Biden never ran the country. He was a walking corpse from the get go.
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
It always struck me odd that the party that claims it's against elites and the government picking winners and losers is the same one that's electing billionaires to raise selective tariffs and deregulate certain sympathetic industries.
Well, the tariffs in his first term were targeted, measured and didn’t caused damages or inflation. Secretary Ross did studies before round of tariffs. As for the washing machine example, tell me by how much extra dollars, a consumer paid for washing machine? $20, $25). I don’t think tariffs on shoes will be included, (since we don’t make them here in quantities), nor it’s going to be %50. Fareed is a creature of Chamber of Commerce ideology (free trade and free movement). Relax, and let’s see it.
Three times actually but Trump said he made a lot of money in casinos and got out at the right time. That is because Trump managed to stiff the banks, stiff shareholders, stiff bondholders and stiff contractors.
Do you have any idea how many successful businessmen have bankruptcies? Henry Ford, Walt Disney, heck even Warren Buffet has had companies has had bankruptcy under his leadership. You are uninformed letting news outlets manipulate you because you lack information.
Trump's tariffs show that Trump has none what so ever knowledge of global trade. But still Trump regard him self as an economic genius. Half of the country need to wake up and see the writing on the wall
@@mrrandom1265We sure don't want an idiot who can't make a complete sentence, who rambles about sharks and Hannibal Lector, if not just sways back and forth on stage for 40 minutes to their Spotify list. #Kamala2024
Yep, worked in the 80s. Just ask toyota, honda, nissan, subaru and others. We didn't even have to implement the tariffs, just threat was enough for Japanese auto to realize they needed to build here.
Yes, cheap labor does mean cheaper prices. And lower tariffs does make things cheaper....for now. But when China (et al) has huge tariffs on US good and has for a long time, the money is only flowing one way. The result is selling our future wealth for cheap foreign goods without a thought for the mess our children will have to deal with.
Kamala should drop WHICH tariffs? There is no such thing as "the tariffs". Pretending that every tariff is like every other tariff is foolish. There is a valid function to a tariff. It just comes at a cost. Each tariff must be evaluated to consider whether the benefits justify those costs. Sometimes they do, sometimes they do not, sometimes they do for a while then the balance shifts.
@@Ullumma not easy to remove. Politically. Plus is there a law that says importers have to pass the savings back to consumer when tariffs are removed? Plus tariff affects different products in the entire supply chain.
They wouldn't know the difference. As Obama said all they interested in is we won. I have always maintained Trump is not the problem the dumpsters who support him are
TRUMP CREATED THE INFLATION,WITH IDIOTIC CLUELESS IMPLEMENTATION OF THOSE TARIFFS, WHICH KNOW NOR DOES HE COMPREHEND IT. HE WILL RUIN THIS COUNTRY AS HIS BUSINESSES. DO YOU HEAR AND SEE THIS, GOSH . WHY WOULD YOU VOTE FOR THIS?
The only thing about that is that Maga Cult doesn't care about what Trump says or does or what kind of hardship they go through because of Trump he will always be their God and can't do NO WRONG
@@carolmendez4106 I agree I have a gf that is pregnant and I'm trying to get it aborted so I don't have to pay child support!! Why should I have to support a kid that I don't want?
Vote Blue if you want illigals taking over your cities . Vote blue if you want to pay 10 bucks for eggs. Vote blue if you want sexx books in grade schools. vote blue for KAMILA.
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets. IT MAY BE YOU THT IS THE MOR%N!
All time european friends of USA, hoping to a victory of Democracy, Decency and Ocidental values against tyrants. EUROPE hopes a victory of KAMALA HARRIS
All you need to know about Trump: - he never wanted the job. - he never planned to do the job. - he had no idea what the job was. - he totally hated the job. - he just wanted to build the Trump brand name.
A common theme w/ most of Trump's policies & actions -- corps profit & consumers screwed 🤬 ETA: Tariff on washing machines is superb example b/c universal impact ($200 price increase) on US consumers & retaliatory tariff on US ag devasted Midwest & South. Wonder how many affected in those regions remember enough to not fall for same con? 🤔
Every trump member watching this video (and then not all the way to the end, of course): 'No, this is all nonsense. trump says it will work, so it will work. All those many many many experts are wrong, trump is right'. Also trump supporters: 'No, we are NOT in a cult. You are. It's just the simple truth that our leader is always right and everyone who contradicts him is wrong'.
Месяц назад
So everyone following word salad Kamala is also in a cult? Lies. 😂 Try again.
Economists said for years shipping jobs overseas was the solution, come to find out, we lost jobs and now the best unskilled jobs you can find are either in the service industry, or the trades. Becoming reliant on China and other countries for manufacturing was a mistake.
@@OldCrow5150FORMER President Trump doesn’t know his ass from his elbow. Instead of trolling the comments, try actually listening to what Mr. Zakaria is saying. The economy and stock market are booming right now. Trump tariffs are a disastrous proposition for the U.S.. Trump hasn’t even bothered to tell us what his other policies are. Character matters. Integrity matters. Stop being so partisan and really ask yourself who is going to do a better job as president.
When Trump complains about the trade balance deficit between the US and other countries (more imports than exports), he always refers only about a negative trade balance in goods when in fact the US has a positive trade balance in services. For example, goods that are produced by German companies are made in the country for the American market but also are exported, means these exports are not taken into account as far as trade balance in goods between America and Germany is concerned.
I don't trust those economists - all they do is study global economics and how different policies affect the world economies. Turmp has had dozens of failed businesses and had been forced to declare bankruptcy many, many times...with that much experience, he must be an expert by now.
I voted Absentee Ballot last week. My vote proudly went to Donald Trump. Inflation, the bad economy, these two wars overseas, the 13 troops killed in Afghanistan, the open borders, crime, & illegal immigration are why I voted for Trump & voted Republican.
Inflation is back to historic levels, the economy is strong (best in the world), we didn't start and aren't fighting in any overseas wars, 45 troops were killed in Afghanistan under Trump, borders are not more open now than they were under Trump, the crime rate is lower now than under Trump and the number of illegal immigrants coming into the country is similar now to what it was under Trump. Oops! Sounds like you voted for the wrong candidate.
When Trump complains about the trade balance deficit between the US and other countries (more imports than exports), he always refers only about a negative trade balance in goods when in fact the US has a positive trade balance in services. For example, goods that are produced by German companies are made in the country for the American market but also are exported, means these exports are not taken into account as far as trade balance in goods between America and Germany is concerned. 6,000 German companies have created nearly a million jobs across the United States, thereof 1/3 in manufacturing, having invested hundreds of billions (US$ 658 bn in 2023 alone), as well as offer apprenticeship programs in cooperation with local colleges emulating the German dual apprenticeship scheme. In fact, between 2019 - 2023, the United States were the largest recipient of foreign direct investment, mainly from Japan, Germany, and the Netherlands. Together, these three economies accounted for most of the increase in foreign direct investment in the United States over the last three years. During his speech in Georgia, Trump has doubled down by threatening to take away other country's jobs. “Under my plan, American workers will no longer be worried about losing your jobs to foreign nations. Instead, foreign nations will be worried about losing their jobs to America,” he said. "I want German car companies to become American car companies." Trump continued: "We will take over their factories." Think about what this means for other foreign businesses, investing in American jobs, and how they will react to such an announcement?
This is all important information but isn’t it more important that Trump doesn’t know what tariffs are? He says over and over China pays us. That is completely untrue. American companies pay the tariffs. China doesn’t pay anything.
If he knows what will work for America then why is he just a so called journalist? We have the lowest export tariffs and must have standards equal to import tariffs. We contribute to the Chinese economy and need to have equal trade relations.
Ya sadly that bankrupt clown was all showman had no business skills. The apprentice marketing dir has come out and appologized for misleading and leashing that monster on the country.
Presidents are not supposed to set tariffs according to the Constitution. Congress is supposed to do it, but Trump declared an emergency and did it, and they let him. What good is the Constitution if anyone can break it so easily?
Well, Trump was handed a strong and growing economy from Obama. Biden was handed a disaster that was crashing some before COVID and was reeling from supply chain woes and yes, money that was spent to keep families afloat during the pandemic. You see, things change. Trump can't bring back 2016. You don't know how he will actually do with an economic challenge. Everyone was worried there would be a recession, but the various controls (mostly the Fed but we know how everyone focuses on the imaginary unitary executive), brought the US economy to a soft landing. Inflation is back down to where we need it to be and unemployment is about where we want it.
"I cannot tell a lie" - George Washington
"I cannot tell the truth" - Donald Trump
"I cannot tell the difference" - MAGA
@TomBrown-t1s Looks like putin is getting sperate, comrade troll
TRUMP WILL WIN, MAGA IS ALREADY A MAJORITY AND DEMOCRATS MINORITY.
@TomBrown-t1s crazy how you care so much about her fast food employment instead of the actual important issue talked about in the video you are commenting on
@TomBrown-t1s Most brand new accounts supporting trump are financed by putin.
We project all of what we do and say onto Trump - Democrats
He's a failed business person.
Several times over. Failure.
As a former customs broker, Trump's ignorance and complete misunderstanding about how tariffs work has always driven me up the wall.
@@martin2289 Economy doesn't depend on politicians or the State. It depends on We, the People, making run the economy again .... Politicians cannot rule the economy because the economy doesn't obey them but does whatever it decides
During the tariffs imposed on washing machines in 2018, the government collected billions and the only people it hurt where the consumers who needed to buy washing machines. If washing machines made billions, think ow much all goods from China will generate. And that goes directly into the U.S. economy. This is a unique opportunity. We're about to have whatever the opposite of a recession is.
@@beckydoesit9331 Sorry, but your "logic" is deeply flawed and counterfactual.
@@martin2289 They call me Miss Information.
His ignorance and complete misunderstandings extend to FAR more than tariffs.
We've got the full picture now: a businessman who went bankrupt six times got lucky and was picked by NBC for 'The Apprentice,' which made him look like a successful CEO.
It’s pretty clear that any business school student should know the tariff war ended up doubling costs for customers.
If they are still selling the same number of units but with double the price tag then it means they were pricing the goods too low originally! My point is that if tarrifs have zero effect so that Chinese made goods are selling the same amounts in the US as they did before but with higher prices to offset the tarrifs then it is quite evident that the price is still within reach of the consumers, or there are zero alternatives (I wonder why).
@@AB-jz9ns Are you okay?
@@TKHaines I’m fine. Are you having trouble comprehending written text?
@@AB-jz9ns Your point doesn't make sense. You assuming that if people are still buying at the higher price than they can still afford them so their prices where too low to start with. But you don't know what people were doing to be able to afford the higher priced goods. They might have saved up longer then they would have before. They might have gone without other items. The fact that people are still buying doesn't mean that the higher prices aren't a problem for them.
@@TKHaines If you study economics you will learn that in a free market the prices are set by the demand. If a company was making 100 widgets in China and selling them in the US at $10 each and after tariffs were imposed they are still selling 100 widgets at $20 each then it means they had originally priced their product below what the market was able to pay. If they had priced it correctly then they would have sold fewer widgets (let’s say 70) at the higher price and that higher price would be higher . This is ECON 101
Thank you Fareed❤️
@@obianikapeter8973 Fake News
@@QuantumOfSolace1 your take ryt?😏
@@obianikapeter8973 Everyone has a take! But the point is - with all the talk concerning how bad the economy is right now - Fareed is the ONLY one saying this. And he is saying it on the anti Trump Cnn. Mmmmmm!
@@QuantumOfSolace1
You re the fake news here.
Just take a deep breath nd sleep well ok
@@obianikapeter8973 Nah - this is phony pre election propaganda - or everyone would be saying what Fareed is saying- but they are not !
If only Fox "News" explained this to it's poorly informed and very angry viewers.
Highly doubt that it would penetrate. Most bought the 'Mexico will pay for the wall' BS 😑
Its misinformation - Cnn is the Fake News - the proof is how bad Biden and Harris has done the past 3 and a half years! The economy had never been this bad in the past 10 years!
You’re such a CNN zombie - total jelly brain
@@kiljoy100 its all misinformation - Fareed is wrong - again
@@clint8u You have you seen actual footage of Trump's brain melting on stage recently, right? But I'm more of a Fareed fan than a CNN fan.
I feel like nobody is dumbing it down for the masses well enough.
If a pair of Nikes currently cost $100, and a 50% tariff is applied, that pair of shoes would cost $150. Nike isn’t going to eat into their profits to keep prices down. It gets passed on to the consumer. Meanwhile, the US made shoe that only charged $75 to remain competitive with the Nike pair, can bump their price up to $100 while still looking like the far more affordable option. You’re now paying more regardless of which shoe you choose because the tariff has caused all prices to rise.
We already know about tariffs so please find a hobby or write your congressman about tariffs.
@@may_it_please_the_courthe has to educate you on Trump tarrifs
You also have to include the increase in price on the cost of imported factors of production as a result of the tariffs, which will obviously and ultimately be passed on to the consumer.
Fareed is wrong - again!
@@may_it_please_the_court Trump doesn’t know who pays tariffs ….
I’ve seen Tariffs at work in Jamaica 🇯🇲 first hand. They don’t work. The people always eat the cost 🤨
People are not on methods but on results ....he' d better does it ....
Exactly.. just common sense.. Charge tariffs.. foreign Countries retaliate with tariffs of their own.. leading to US Companies paying higher for goods imported.. passing that cost to the consumer.
It doesn't take a genius to realize that.
@@Oneil-TV Trump voters obviously don't care about the how. Let's take them to their belief and hold Trump accountable. He's gonna get it or not ...if not ....
During the tariffs imposed on washing machines in 2018, the government collected billions and the only people it hurt where the consumers who needed to buy washing machines. If washing machines made billions, think ow much all goods from China will generate. And that goes directly into the U.S. economy. This is a unique opportunity. We're about to have whatever the opposite of a recession is.
Does America think they are the only ones who can impose tariffs?
You mean the way the EU and every Asian country has tariffs on US made products? For like, the past 45+ years.
@@GotoHerethat wasn't the question
Tariffs aren't for stopping trade. They are for balancing trade. And right now the balance is tilted to drain every drop from the US.
It's an ignorant nation overall.
@@ericbailey6779every drop of dollars you just add in computer ? US is the last ckuntry in the world that should complain about imbalance.
The producer of the Apprentice regrets making Trump appear to be successful.
To be fair to them. Trump wasn't their first choice and given he was essentially the prize, they had no choice but to engineer things to make out like he was successful. At that point, it was just a TV show. Have to wonder if Trump supporters have taken on their role? Take hours of Trump's insanity, edit it down in their head into something that makes him look competent and presidential?
@@RorkesDriftVC Wasn’t that producer Fired?!
@@rhangman8284 Garbage show from the beginning. Poor people's idea of rich people.
The ghostwriter for his book, Tony Schwartz, also regrets making him appear successful in the written word.
Have you seen Trump's medical records, tax records, what about his education papers? Why are they not released 💙🌊🇺🇸
Mind your business. 😂
having Dementia Don as his president is his business
@TomBrown-t1s What do you need Obamas birth certificate for? He is married and don't want to adopt you! 😘
I am voting for Harris a fit candidate. You are vote for J.D. Vance am I right?
No need for a medical record. It’s obvious there is something wrong with him.
Fareed is 100% right , the problem is 90% of the people voting for trump do not have a clue what Fareed is talking about !
It's not surprising someone that hasn't done anything would agree with someone that doesn't do anything.
They are more concerned about his name and accent
@@Tony-md7dk yet you can’t name a single policy Trump enacted.
Why did the Harris/Biden administration keep the Trumps tariffs in place if they are so bad? The liar didn’t tell you that now did he? Why?
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets. It's YOU that has no idea what you are talking about.
Right on point Fareed! How can someone who filed bankruptcy multiple times for billions of dollars know how to fix the economy?
Hey genius….did you know that all the Trump tariffs that he implemented during his presidency are still in place? Yea! They were kept on by the Biden administration because they worked!
Read for yourself man! It’s ok to utilize your brain and make critical choices.
You don’t have to be part of the Democratic Collective where all of you share one thought and one brain
Educated ppl can see this. Trump said he loves the uneducated!
@@Johnnyred51 Many successful businesses owners filed bankruptcy before making it big….Walt Disney, Henry Ford, Henry Heinz, George Forman….etc.
Trumps knowledge of wealth both domestic and international is vast. He did a great job running the country when he was president.
So your comment is actuall ignorant….goid try though
@@terriseaton3049 As he himself.
Fox should be forced to show these facts.
Fox should be forced to show facts. Period.
@@Tinfoilhelmets they won't. It's pure business. The well known major news network in the US, about 9, like fox News, CNN, NBC msnbc, ABC etc. They generally stick to journalism ethics. Except fox. Half the audience viewership share among the 8 while fox takes the other half. Who makes the most money? 😉
THE FACTS: GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
Instead of believing everything the media says who a lot of times are bias, why dont you listen to what the person is saying himself. I encourage you to watch the bloomberg interview that this guy referenced and then make an informed decision
@@chillhill740 instead of senselessly rising to the defense of the indefensible... why don't you grow the balls to call a spade a spade... Fox lies... excessively... that is independent of this or any other interview... and there is far more evidence against the idea of tariffs than there is for it... bias or no bias... stop using that word as an excuse to reject facts you don't like... that is childish pandering... and it's disgusting...
He was NEVER a good business man
that must be why he's worth over 5 billion.
@@brandon3525 Tax records and medical records not released by Trump, proven tax fraud, guilty and disbarred from doing business in New York! Trump is very much in debt, he needs to steal from his campaigns to pay his bills.
@@brandon3525 Have you seen his bank accounts? He says he's worth billions, but where's the proof?
@@TKHaines
Google is your friend
His bank accounts aren’t any of your business.
Neither are yours any of anyone else’s…
This needs to be shown on every Local News outlets so the American people can actually understand how inflation works. But the more you keep your people ignorant the more power you have over them.
That was already tried by Ross Perot and Ron Paul. Media labeled these 2 crazy.
@@alanbuzby613 they are loons who have stupid ideas about the economy.
Its not entirely true though. It only gives the short term negative affects of tarrifs but why don't he describe the long term benefits?
@@moss830 the long term benefits are a nonexistent fantasy. Factories aren’t coming back because of tariffs.
TRUMP🦾 would STILL win MAGA🦾🇷🇺 🇺🇸
Apprentice was staged.
At this point with all the facts out there, if the US public vote for Trump they will deserve everything they will have coming. For a country obsessed with their constitution, i wonder how many have actually read it
They love the constitution, where a small percentage of white male landowners could vote and no one else.
Well, the tariffs in his first term were targeted, measured and didn’t caused damages or inflation. Secretary Ross did studies before round of tariffs. As for the washing machine example, tell me by how much extra dollars, a consumer paid for washing machine? $20, $25). I don’t think tariffs on shoes will be included, (since we don’t make them here in quantities), nor it’s going to be %50.
Fareed is a creature of Chamber of Commerce ideology (free trade and free movement). Relax, and let’s see it.
Hopefully better economy than Cackling Kamala.
I would guess zero.
He failed every single biz he runs!
America must be heaven on earth, if failed businessmen of America can have what Trump has.
@@Mypresident1986 They didn't receive a golden spoon at birth.
@@dinaf1409 meaning
@@Mypresident1986
That you need somebody to explain this to you speaks volumes.
Everybody knows that one factor that fuelled the great depression was tariffs. Tarrifs discourage trade and the higher prices discourage consumption. This slowed the economies of countries down significantly. Trade is very important for a country.
15 days until no more Trump
Rejoice America!!!🇺🇸❤️🤍💙
Kamala will be gone. She is losing.
Trump❤❤❤❤
Keep wishing 😂😂 Trump 2024
vote blue if you want Illigals moving in your back yard.
Keep fingers crossed, but I do hope you will not be proven wrong. Also, the whole world would benefit from "no more Trump BS" .
Save America!!
Trump 2024!! 🇺🇲💪🇺🇲💪
That's a great analysis! These tariffs will drive up prices and inflation like crazy as nearly every economists agree and will be hurting U.S. economy badly! It's insane that people think Republicans would be good for the economy. The last several Republican presidencies always ended in a recession!
Then why did hypocrite Harris Biden raise tariffs in 2024, 18% on Chinese steel imports? Left the current Trump tariffs in place. You sound like a typical uneducated uninformed democrat TDS sheep.
News flash the last recession was first quarter 2022, under Harris Biden. Uniformed much?
Well, the tariffs in his first term were targeted, measured and didn’t caused damages or inflation. Secretary Ross did studies before round of tariffs. As for the washing machine example, tell me by how much extra dollars, a consumer paid for washing machine? $20, $25). I don’t think tariffs on shoes will be included, (since we don’t make them here in quantities), nor it’s going to be %50.
Fareed is a creature of Chamber of Commerce ideology (free trade and free movement). Relax, and let’s see it.
The statistics prove you wrong!
@@AB-jz9ns Where did you see statistics that say @mick136 is wrong?
Excellent op Ed Fareed. Uniformed Trump acolytes just accept trump’s disinformation without any discernment…
High universal tariffs always harm the economy. The Smoot-Hawley tariffs plunged us further into the Great Depression. The McKinley tariffs led to a long recession. There is no mystery here. Trump's proposed tariffs would be a disaster.
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
Then why did incompetent hypocrites Harris Biden raise Chinese steel tariffs 18% in 2024?
Tell Biden.
@PabloTheThinker Biden didn't put tariffs on everything, oops your bubble is busted. 😂
@@goodymob9638 He did. Get out of your woke bubble.
Sounds what you would execpt from a fascist party.
Execpt?
@@cun7us expect. Typo.
@@cun7usno except. Search how hits came to power in 1930s germany. It's scary similar, especially the rhetoric, the threats, etc
@@Celestial_Reach Ah yes, bringing up the Nazis. Same old fear-mongering nonsense we've heard from your side the past 8 years. Also, look up "Godwin's Law" - that applies to you.
@@Celestial_Reach Ah yes, bringing up 1930's Germany, classic rhetoric from the left when they have no arguments. Also, look up 'Godwin's Law' - that applies to you.
How is Trump going to stop domestic companies from raising prices.
No at all.
GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets. He gave exemptions to companies that could prove that terrifs would hurt their business or if they were not able to get product domestically.
@@angellovesjazz he won't. Cos they will be visiting his palm beach property and giving Trump business. I rub your back you rub my back.
He's not
He can't. No POTUS can control prices at such micro level w/o direct market intervention. Then companies would howl & cry communism.
Reason why many grocery prices still so high, even though pandemic over & economy is banging. Only extraordinary circumstances enable govt action -- eg, price-gouging on gas during hurricane evac.
Trump is insane. Harris 2024
The problem is when you put a tariff on a country, they return the favor and put tariffs on you.😅😅
They put their prices up to cover the cost of the tariffs, Trump doesn't get it, nor do his cult members.
I hope Americans pay attention to this superb explanation by Fareed in connection with tariffs. Trump is a crook as well as a moron.
Trump already put tariffs in 2016, when Biden was elected he built on the tariffs. Big inconsistencies from the Democrats.
nah we rockin with trump / black men for trump 2024
@TomBrown-t1s For the same reason that you buy stuff made in China
Cheap labor means cheaper prices to the consumer and higher profits for the corporations that outsource manufacturing jobs to places like China
All tariffs are going to do is speed up the process of Western countries moving to places like Vietnam, India and Mexico for manufacturing because labor there is now cheaper than in China. It isn't going to bring manufacturing back to the U.S.
@@HuskyOwner-bl1jf You're arguing with a troll
Biden kept all Trump's tariffs and even expanded on them. If these tariffs are as bad as the Democrats claim they are, why are they so happy to keep them?
Sounds like Trump is trying to make things worse.
It doesn’t sound like, it is. And he doesn’t try, he will.
Then why did incompetent hypocrites Harris Biden raise Chinese steel tariffs 18% in 2024?
Trump didn’t know what he was doing. He made this mess and it takes years to fix it.
Trump is a clueless idiot.
I'm sure you're much smarter than Trump.
@@brandon3525kamala is alot smarter than trump...
@@brandon3525 It wouldn't be hard
@@wlhjr77 No she's not... I've seen Trump build real estate in NYC when the Mafia had control over concrete production. His achievements is greater. Kamala seem like the Ultimate DEI hire. What is her achievements?
@@brandon3525 I’d say you are smarter than Trump but you think he’s smart so probably not.
The MAGAs and Trump are literally like an abusive husband they hit you and then act like nothing happened and try to blame you!!! …. But, THIS NOVEMBER WE WILL REMEMBER JANUARY 6!!! … VOTE BLUE ALL THE WAY!!!💙💙💙💙💙💙💙💙💙💙🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸🇺🇸💙💙💙💙💙💙💙💙💙💙💙🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊🌊
Vote blue!!!💙💙💙💙💙
Vote blue because if Trump gets elected, he will go for your pockets.
Black "MEN" will vote TRUMP2024!!!!!! (...and so will White "MEN" and Hispanic "MEN") feminized and homosexual men will vote kamalalala... it's that simple
Oh give me a break....you leftists burned entire cities when he won in 2016, and then turn around and want to talk about Jan 6th like it was anything but staged by Democrats. Democrats will NEVER be anything but stupid children. And yes, I mean ALL OF YOU
Trump 2024🇺🇸
You’re describing the democrats.
I wish Trump followers could understand that
Maybe they will understand when their new Pick-up truck from Ford, Chevy, or Ram goes up in price by 30% because most of their parts are made in Mexico and China.
@@davebarton6824 nah, it’s still always gonna be the „others“ fault … whoever they may be
They never will. Trump will blame his failed polices on others and his MAGA minions will believe him no matter what the evidence says or how badly it affects their lives. Everyone will soon feel the effects of Project 2025. Moderate swing voters will put Democrats back in control of both the House and Senate after the 2026 midterms. But MAGA minions will stick with Trump no matter how badly he uses and destroys them because they are not driven by logic.
Trump many times said, he loves the Poorly Educated
So, it is not just lower taxes for the rich. They actually want tariffs on compitition from imports. Finally, I understand this madman, Trump. Of course, that is what fascist do , to get power.
yeah and that will cause you to have a higher paying job. Globalization is for the elites Tariffs are for the common man and they worked and work every country has a tariff on something
Do you know what fascist means?
@@psycadelic2009 Oh , I guess I could tell my school credentials and my tested IQ. But that is not the issue. By the way, my uncles were part of a great many farmers, who were of fighting age, that Mussolini jailed, from the country side. He sent all the young men from my Dad's village to the Russian front, without supplies, and they all froze to death. My Dad, got himself exempted, so now I am here and still kicking. So, yes, I am studied concerning fascism.
@@marierose6792 Trump was the only president in decades that didn't start a war. He walked in an enemy country alone to make peace. The Abraham Accords are the closest we've ever come to peace in the middle east.
Kamala and Biden have given almost a trillion dollars to the Ukraine so that young men on both sides can become cannon fodder for next gen weapons testing and money dumps to people like Retheon and Rockdyne.
Trump said, "I want people to stop dying."
Last month Kamala said that if Ukraine gave up any territory for peace, even the Russian speaking lands it was, "dangerous and unacceptable." "The United States supports Ukraine not out of charity, but because it's in our strategic interest," Harris said. At the same time Biden announced billions more in weapons for Ukraine that would be given before the election could be held.
Tell me again; Who wants peace and who if the fascist?
@@marierose6792 Trump talks exactly like Mussolini.
And no workers for the agricultural sector. Especially in Florida. No one to pick the produce.
I guess when they expel the immigrants, maybe prisoners will pick produce.
Of course not, day 1, mass deportation! Also, who actually wants to work hard for an honest day’s pay?
Small business like restaurants can't afford a 20% price increase on their produce. ( grown in Mexico). That TAX would have to be passed on to the customer.
Wrong Fareed. The celebrity businessman understands business, and you got it earlier in your presentation.
If there are no tariffs from which a business can seek exemption, what negotiating tools are left?
It is the art of the deal.
Please vote, people. The man is insane.
vote Kamila if you want open borders. sure prickk no one I know is voting for Kamila. lol
You're insane
Come on, Harris doesn't look THAT manly, does she?
@@ChristmasEve777 Lamest comment I've seen today - simple pleasures, simple mind.
Half of America is insane
Donnie should have stayed a game show host. Trump will destroy the American economy again. He’s an idiot.
40% of Americans are for a "very stable genius", a milignant narcissist, a felon with 6 bankruptcies repeating Hitler word for word and looking for internal enemies as Stalin did. Stalin killed 20 mln people in the GULAG.
Trump's foreign policies are invariably based on not understanding that the opposing boxer is allowed to punch back.
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
European leaders were openly laughing at him at the summit. Putin will eat him as a sandwitch.
He will win because there is a segment of the population that is more susceptible to emotions than logic. Trump understands this very well. He once described them as voting for him regardless of whatever he does, and he was right. Let just hope this is not the fall of Rome.
After 8 years..., media is catching up
Look...the poorer we are the more powerful they (he) is...this isn't rocket science
" Donald, My eyes are up here." Arnold Palmer 👀
lol
THE AMERICAN PEOPLE STAND UNITED BEHIND PRESIDENT TRUMP 😘🇺🇸 CNN IS IN PANIC MODE !!!
Haha good one... could it be pe$%is envy
I heard that Arnold gave him some tips, sometimes even more.
As he would put it he likes shalongs
Trump brags about going to Warton Business college. One of his professors said, Donald Trump was the dummest student I ever had.
a calculation, and a logic, which even a small child understands.
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? Children usually do not understand this.
So explain why it's okay for China to do it to us, but not okay for us to do it to China?
And while your at it, explain why we have thousands of auto manufacturing jobs in the US from Japanese companies.
@@ericbailey6779 do you have a PHD in economics? Then listen to those who know better and don't complain when inflation will skyrocket with a "stable genius".
@@dinaf1409 Nope, no Ph.D. Only a masters and bachelors. My degrees are in East Asian business history and American history with a focus on labor and business.
But those don't matter.
Only a midwit would trust a piece of paper, silly credentials and a slick accented reporter instead of picking up a book and reading for himself.
@@dinaf1409 My reply was deleted. Did you flag my post?
Clear, direct, concise. Well done, sir.
Fareed is awesome. He succinctly presents the evidence in a manner that is easy to understand and very compelling.
He also leaves out the part where dropping tariffs leaves us with a huge trade imbalance and make us reliant on steel, microchips, oil, and pharmaceuticals from countries that consider us enemies.
Unfortunately, America has now become the laughingstock of the world...
Has been off and on since about 2015.
Tariff's are not hard to understand
How Trump and his followers still don't get it is beyond me
You raise the price of foreign goods coming into the country to support local industry by making it more expensive to purchase foreign goods
That's it. Everything that anyone needs to know about how tariff's work
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
Then why did incompetent hypocrites Harris Biden raise Chinese steel tariffs 18% in 2024?
That's what Trump did. He used tariffs as a negotiating tool. Have you ever actually listened to him speak about tariffs without a cnn filter?
@@ericbailey6779 That is delusional
He used tarrifs to cost American farmers a fortune and had to bail them out while also driving up prices of electronics
Most of the Rual Americans who had to close down their milk businesses during the first Trump term didn't listen. They voted for more Republican action.
Trump couldn't even figure out a deep fryer. 😂😂😂
With numerous business bankruptcies, how can anyone think he's a successful businessman? HARRIS/WALZ 2024!!
You don’t have a clue do you?
@@marclewis1199 i don't think you do either, that's why we're asking the question...
Harris had a Great Run ,she has done so much in last 4 years,
and most importantly she did a lot with her Boyfriend Mayor
Of SAN FRANSISCO, A nice clean City with no Crime ,and she carries a Glock to make it even safer.
@@vlynst according to some of the biggest business people in this country we need tariffs and use tariffs to keep china and others in check. Some believe it should be more than 10%. All this guy is doing is trying to make trump out as someone thats dumb. Only the dumb believe this clown.
@@vlynst do you? What has the Harris adminsitration done for 4 years? We all know Biden never ran the country. He was a walking corpse from the get go.
All the tariff will be paid by the consumers.
Thanks Fareed. I've been explaining this for years, often to unbelieving people who couldn't grasp this straightforward economics concept.
You’re delusional
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets.
Yeah, tariffs are bad. I wish China wouldn't do that.
It always struck me odd that the party that claims it's against elites and the government picking winners and losers is the same one that's electing billionaires to raise selective tariffs and deregulate certain sympathetic industries.
Well, the tariffs in his first term were targeted, measured and didn’t caused damages or inflation. Secretary Ross did studies before round of tariffs. As for the washing machine example, tell me by how much extra dollars, a consumer paid for washing machine? $20, $25). I don’t think tariffs on shoes will be included, (since we don’t make them here in quantities), nor it’s going to be %50.
Fareed is a creature of Chamber of Commerce ideology (free trade and free movement). Relax, and let’s see it.
He bankrupted a casino... Twice.....
Three times actually but Trump said he made a lot of money in casinos and got out at the right time. That is because Trump managed to stiff the banks, stiff shareholders, stiff bondholders and stiff contractors.
Do you have any idea how many successful businessmen have bankruptcies? Henry Ford, Walt Disney, heck even Warren Buffet has had companies has had bankruptcy under his leadership. You are uninformed letting news outlets manipulate you because you lack information.
@@paultyson4389Many, many Contractors! I could care less about greedy banks and shareholders who still make their money no matter what!
Trump's tariffs show that Trump has none what so ever knowledge of global trade. But still Trump regard him self as an economic genius. Half of the country need to wake up and see the writing on the wall
*whatsoever
Trump *regards
*himself
I'm sure you're much better at global trade than Trump.
@@brandon3525 No but I pretend not to do that either
A well-reasoned argument that no Trump supporter will ever even consider.
❤Thank you very much for your TRUTHFUL advice and professional insight Fareed
Just because we put a 10% tariff on other countries, they won't take it laying down. They'll do the same.
His time is over and he's going to be voted out
He's leading. Do you think everybody wants a cackling idiot as president?
Nah, Kamala is fired
Who?
Biden?
He's going out anyway; WTF are you talking about, clown?
Trump is leading in the swing states. Kamala and her goofy lap dog Walz are jokes.
@@mrrandom1265We sure don't want an idiot who can't make a complete sentence, who rambles about sharks and Hannibal Lector, if not just sways back and forth on stage for 40 minutes to their Spotify list. #Kamala2024
Fareed is a novice. Tarriffs force companies to move to the USA. It's that simple
Yep, worked in the 80s. Just ask toyota, honda, nissan, subaru and others.
We didn't even have to implement the tariffs, just threat was enough for Japanese auto to realize they needed to build here.
The so-called most incredible country in the world is nothing more than a greenback bill.
Looking back and reading real history....America does not seem so incredible (at least in the right way) anymore.
@@karenkoe7096 We all know how imperialistic powers colonized Ingienous land to make them more civilized? Here we are now.
Tariffs hurt the consumers.
Then why did incompetent hypocrites Harris Biden raise Chinese steel tariffs 18% in 2024?
Yes, cheap labor does mean cheaper prices. And lower tariffs does make things cheaper....for now. But when China (et al) has huge tariffs on US good and has for a long time, the money is only flowing one way.
The result is selling our future wealth for cheap foreign goods without a thought for the mess our children will have to deal with.
@@betty-joymoreau4363 Yet under Biden and Harris - whatever they did was a wrecking ball
Great take, Fareed. Thank you.
Kamala should drop the tariffs.
You should go back to high school and learn the responsibilities of a sitting VP.
Also, not all tarrifs are bad BUT mass sweeping tarrifs are insane
Kamala should drop WHICH tariffs? There is no such thing as "the tariffs". Pretending that every tariff is like every other tariff is foolish. There is a valid function to a tariff. It just comes at a cost. Each tariff must be evaluated to consider whether the benefits justify those costs. Sometimes they do, sometimes they do not, sometimes they do for a while then the balance shifts.
@@phillysupra I believe that the OP meant afterwards, if she becomes President.
@@Ullumma not easy to remove. Politically. Plus is there a law that says importers have to pass the savings back to consumer when tariffs are removed? Plus tariff affects different products in the entire supply chain.
@@garydare2238 just like I tell my wife: I'm NOT a mind reader and neither are you. OP should have written what they meant if they meant it.
Is the bastard going to line his pockets with tariff money like Putin.
It's not about understanding "business", but increasing his personal profits.
Vote Harris /Walz!💙💙💙🌏🇺🇸☮️💙💙💙🌈❣️
Trump❤❤❤❤❤
Thank you for your Blue vote to save our democracy. Thank you for your vote to save our children's future.
Trump thinks he is a grandmaster chess player when in fact, he is a mediocre checkers player.
I want Trump to lose, but a small fraction of me would like him to win and make Maga Americans pay for their stupidity
they wouldn't, they'd somehow manage to blame it on the democrats
They wouldn't know the difference. As Obama said all they interested in is we won. I have always maintained Trump is not the problem the dumpsters who support him are
TRUMP CREATED THE INFLATION,WITH IDIOTIC CLUELESS IMPLEMENTATION OF THOSE TARIFFS, WHICH KNOW NOR DOES HE COMPREHEND IT. HE WILL RUIN THIS COUNTRY AS HIS BUSINESSES. DO YOU HEAR AND SEE THIS, GOSH . WHY WOULD YOU VOTE FOR THIS?
The only thing about that is that Maga Cult doesn't care about what Trump says or does or what kind of hardship they go through because of Trump he will always be their God and can't do NO WRONG
We already did that with Biden.
VOTE BLUE AMERICA 2024. Your Blue Vote MATTERS . Save our Democary & Freedom VOTE BLUE.
I’m so BLUE in voting for Trump and prosperity.
@@carolmendez4106 I agree I have a gf that is pregnant and I'm trying to get it aborted so I don't have to pay child support!! Why should I have to support a kid that I don't want?
Keep voting blue this is what we get build back bankrupt.
Vote Blue if you want illigals taking over your cities . Vote blue if you want to pay 10 bucks for eggs. Vote blue if you want sexx books in grade schools. vote blue for KAMILA.
Thank you for the truth
DJT is a McMoron!
THE AMERICAN PEOPLE STAND WITH YOU MR PRESIDENT TRUMP 😘🇺🇸 IF YOU LIESSEN TO CNN , YOU WON’T HAVE AN ECONOMY AT ALL 🤦🏻♂️
How do you reconcile GDP growth at 2.5% under the Trump admin? Or 3.5% unemployment drop which was lowest in 50 years? Or the Dow Jones increase around 56%? I am guessing you will have no response because you repeat the same talking points you hear from these fake news outlets. IT MAY BE YOU THT IS THE MOR%N!
Anyone whose taken basic macroeconomics should undeestand how devastating Trumps tariffs will be for the economy
If tariffs are so bad. Why to most other countries already have tariffs on US goods that are much higher the US tariffs?
All time european friends of USA, hoping to a victory of Democracy, Decency and Ocidental values against tyrants. EUROPE hopes a victory of KAMALA HARRIS
😂
World peace depends on locking up Trump
THE AMERICAN PEOPLE STAND WITH YOU MR PRESIDENT TRUMP 😘🇺🇸 IF YOU LIESSEN TO CNN , YOU WON’T HAVE AN ECONOMY AT ALL 🤦🏻♂️
Yes! Let's turn the West into a 3 rd world S hole ruled by globalists leftists!
Agreed! Norway 🇳🇴 here and I am yet to meet anyone here who would want to see Trump back. My guess would be 95% of Norway would support Harris
However you say it, Trump gets to do it and you have no say except on "CNN"😅😅😅
All you need to know about Trump:
- he never wanted the job.
- he never planned to do the job.
- he had no idea what the job was.
- he totally hated the job.
- he just wanted to build the Trump brand name.
This is very important for people to see
A common theme w/ most of Trump's policies & actions -- corps profit & consumers screwed 🤬
ETA: Tariff on washing machines is superb example b/c universal impact ($200 price increase) on US consumers & retaliatory tariff on US ag devasted Midwest & South. Wonder how many affected in those regions remember enough to not fall for same con? 🤔
100% correct, well put.
In the UK when the press describes somebody as a ' businessman" it is a coded way of calling the person a mobster without fear of legal action.
This is not the UK.
Every trump member watching this video (and then not all the way to the end, of course): 'No, this is all nonsense. trump says it will work, so it will work. All those many many many experts are wrong, trump is right'.
Also trump supporters: 'No, we are NOT in a cult. You are. It's just the simple truth that our leader is always right and everyone who contradicts him is wrong'.
So everyone following word salad Kamala is also in a cult? Lies. 😂 Try again.
…but but but he plays a businessman on tv 😵💫🙄
Yes, you got it. He "plays" a businessman on TV. TV shows are made up, don't take it for real.
Too bad the herd of dunderheads that are voting for Trump do not have the attention span to digest this type of information.
Economists said for years shipping jobs overseas was the solution, come to find out, we lost jobs and now the best unskilled jobs you can find are either in the service industry, or the trades. Becoming reliant on China and other countries for manufacturing was a mistake.
President Trump will fix that. Vote accordingly. 😉
@@OldCrow5150FORMER President Trump doesn’t know his ass from his elbow. Instead of trolling the comments, try actually listening to what Mr. Zakaria is saying. The economy and stock market are booming right now. Trump tariffs are a disastrous proposition for the U.S.. Trump hasn’t even bothered to tell us what his other policies are. Character matters. Integrity matters. Stop being so partisan and really ask yourself who is going to do a better job as president.
@@OldCrow5150fix?
When Trump complains about the trade balance deficit between the US and other countries (more imports than exports), he always refers only about a negative trade balance in goods when in fact the US has a positive trade balance in services. For example, goods that are produced by German companies are made in the country for the American market but also are exported, means these exports are not taken into account as far as trade balance in goods between America and Germany is concerned.
@@jbcuk6504 President Trump of course will do better job than Cumala. Yet another DUH moment in 2024. Brought to you by
🌴The Free State of Florida🌴
I don't trust those economists - all they do is study global economics and how different policies affect the world economies. Turmp has had dozens of failed businesses and had been forced to declare bankruptcy many, many times...with that much experience, he must be an expert by now.
An expert at sucking at business
😆
ecnomists are worried that they will lose their jobs.
He became an expert in conning banks to give him loans 😂
I voted Absentee Ballot last week. My vote proudly went to Donald Trump. Inflation, the bad economy, these two wars overseas, the 13 troops killed in Afghanistan, the open borders, crime, & illegal immigration are why I voted for Trump & voted Republican.
Inflation is back to historic levels, the economy is strong (best in the world), we didn't start and aren't fighting in any overseas wars, 45 troops were killed in Afghanistan under Trump, borders are not more open now than they were under Trump, the crime rate is lower now than under Trump and the number of illegal immigrants coming into the country is similar now to what it was under Trump. Oops! Sounds like you voted for the wrong candidate.
You're take doesn't matter till you hire Americans into a business you own.
*Your
@@aiglonducal314 you 100 percent sure about that?
@@aiglonducal314 should said you are 100 percent sure about that.
When Trump complains about the trade balance deficit between the US and other countries (more imports than exports), he always refers only about a negative trade balance in goods when in fact the US has a positive trade balance in services. For example, goods that are produced by German companies are made in the country for the American market but also are exported, means these exports are not taken into account as far as trade balance in goods between America and Germany is concerned.
6,000 German companies have created nearly a million jobs across the United States, thereof 1/3 in manufacturing, having invested hundreds of billions (US$ 658 bn in 2023 alone), as well as offer apprenticeship programs in cooperation with local colleges emulating the German dual apprenticeship scheme. In fact, between 2019 - 2023, the United States were the largest recipient of foreign direct investment, mainly from Japan, Germany, and the Netherlands. Together, these three economies accounted for most of the increase in foreign direct investment in the United States over the last three years.
During his speech in Georgia, Trump has doubled down by threatening to take away other country's jobs. “Under my plan, American workers will no longer be worried about losing your jobs to foreign nations. Instead, foreign nations will be worried about losing their jobs to America,” he said. "I want German car companies to become American car companies." Trump continued: "We will take over their factories."
Think about what this means for other foreign businesses, investing in American jobs, and how they will react to such an announcement?
@@susannehartl3067 yeah nice speech but what was your cost of living 5 years ago compared to today?
This is all important information but isn’t it more important that Trump doesn’t know what tariffs are? He says over and over China pays us. That is completely untrue. American companies pay the tariffs. China doesn’t pay anything.
If he knows what will work for America then why is he just a so called journalist? We have the lowest export tariffs and must have standards equal to import tariffs. We contribute to the Chinese economy and need to have equal trade relations.
Pity for you, you didn’t understood even a fraction of what Fareed tried to explain to you. You must have had an A in economics at school 😂😂😂😂😂
Ya sadly that bankrupt clown was all showman had no business skills. The apprentice marketing dir has come out and appologized for misleading and leashing that monster on the country.
Leashing? Grow a neuron!
💙💙💙💙💙💙💙💙😃🇺🇸🌏☮️🌈💙❣️
Presidents are not supposed to set tariffs according to the Constitution. Congress is supposed to do it, but Trump declared an emergency and did it, and they let him. What good is the Constitution if anyone can break it so easily?
Biden did it 3 months ago.
And the Democrats kept the policies..😂😂😂😂😂
Right on Brother!
Funny how we’ve had an Trump economy and a Joe/Kamala economy.
You tell me which one understands business more
I am better off now than I was three and a half years ago!
Well, Trump was handed a strong and growing economy from Obama.
Biden was handed a disaster that was crashing some before COVID and was reeling from supply chain woes and yes, money that was spent to keep families afloat during the pandemic.
You see, things change. Trump can't bring back 2016. You don't know how he will actually do with an economic challenge.
Everyone was worried there would be a recession, but the various controls (mostly the Fed but we know how everyone focuses on the imaginary unitary executive), brought the US economy to a soft landing. Inflation is back down to where we need it to be and unemployment is about where we want it.
@@edwardrichardson7076 nice! Your vote should be easy then
@@Obi2020-c8x Not a big problemas, The government hires about 30 experts & economics advisors and about 4,000 employees
This will not change the vote of a single fanatic.
Isn’t Donald Trump a Celebrity Business man?
TRUMP HAD THE GREATEST ECONOMY IN THE HISTORY OF THE USA… AND YEAH WE ALL KNOW WHO THESE ECONOMISTS R GETTING PAID BY 🤦🏻♂️
😂😂😂😂😂😂😂😂😂😂😂😂