Former Treasury Secretary Mnuchin: Tariffs need to be used to get counterparties back to the table

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  • Опубликовано: 6 ноя 2024

Комментарии • 116

  • @wkusam123
    @wkusam123 53 минуты назад +2

    tariffs = taxes
    free trade > fair trade

  • @stormvillians
    @stormvillians 14 минут назад +1

    They setting yall up to pay they bill lol 😆 😂

  • @Robert29011
    @Robert29011 4 часа назад +79

    I’m favoured financially with Bitcoin ETFs,Thank you buddy.$63,700 biweekly profit regardless of how bad it gets on the economy

    • @crystalsword16
      @crystalsword16 4 часа назад

      How please!? If it’s possible, I would appreciate if you show me how to go about it

    • @Robert29011
      @Robert29011 4 часа назад

      Well, I picked the challenge to put my finances in order. Then I invested in cryptocurrency,stocks,through the assistance of my discretionary fund manager,

    • @Robert29011
      @Robert29011 4 часа назад +3

      Mr James Werden

    • @cam3ltow
      @cam3ltow 4 часа назад

      I’m not here to converse for him to testify just for what I’m sure of,he’s trustworthy and best option ever seen.

    • @mathewlebeh
      @mathewlebeh 4 часа назад

      Such a genuine personality!! He is really a good investment advisor. I was privileged to attend some of his seminars. That’s how I start my crypto investment.

  • @deevee4994
    @deevee4994 6 часов назад +4

    How soon we forget that this jacka.. screwed homeowners out of millions in 2008.

  • @sapaiyo9810
    @sapaiyo9810 48 минут назад

    How is it China market is closed to the US products? Just look at Tesla, Starbucks, and so many others.

  • @JoeDurbs
    @JoeDurbs 6 часов назад +6

    If we lower the corporate tax rate the companies will never pass this savings to the customer. The shareholders will be the only ones getting rich

  • @kmancrk
    @kmancrk 3 часа назад +5

    Why must Sorkin be so biased in his positioning? He’s the reason I can’t watch the full broadcast anymore. Too biased to be affective.

  • @JoeDurbs
    @JoeDurbs 6 часов назад +5

    We need to pay debt down not add to it

  • @slave_eagle
    @slave_eagle 6 часов назад +2

    CNSB going straight to what Trump would on the eve of Presidency Appointment was fast😂

  • @patrickjones1392
    @patrickjones1392 3 часа назад +3

    I don't anticipate SS being cut. I think something will be figured out. I just hope it isn't turning it over to Wall St.

    • @tammystut
      @tammystut 3 часа назад +3

      I'm 100 percent in US Stocks and will be rewarded handsomely, if SS is investing in the stock market like HSA accounts 😁

    • @richarddamien4654
      @richarddamien4654 3 часа назад

      Privatizing Social Security could actually be a good thing. Here’s why- as it currently stands, if you contribute for 40 years and then die before reaching retirement, your family/heirs receive nothing. With privatization, beneficiaries could be designated and your account passed to your heirs.

  • @FarukStingl
    @FarukStingl 2 часа назад +2

    Purchasing a stock may seem straightforward, but selecting the correct stock without a proven strategy can be exceedingly challenging. I've been working on expanding my $210K portfolio for a while, and my primary obstacle is the lack of clear entry and exit strategies. Any advice on this matter would be greatly appreciated.

    • @CharliesMcCormicks
      @CharliesMcCormicks 2 часа назад

      The strategies are quite rigorous for the regular. They are mostly successfully carried out by pros who have had a great deal of skills/knowledge to pull such trades off.

    • @KarenDuncan-o5s
      @KarenDuncan-o5s 2 часа назад

      @@CharliesMcCormicks I agree, having a brokerage advisor for investing is genius! Amidst the financial crisis in 2020, I was having an investing nightmare before touching base with an advisor. In a nutshell, I've accrued over $2m with the help of my advisor from an initial $350k investment.

    • @FarukStingl
      @FarukStingl 2 часа назад

      @@KarenDuncan-o5s Please can you leave the information of your investment advisor here? I'm in dire need of one.

    • @KarenDuncan-o5s
      @KarenDuncan-o5s 2 часа назад

      @@FarukStingl There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’MARGARET MOLLI ALVEY” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

    • @FarukStingl
      @FarukStingl 2 часа назад

      @@KarenDuncan-o5s Thank you for this Pointer. It was easy to find your handler, She seems very proficient and flexible.

  • @anandp3991
    @anandp3991 3 часа назад +1

    Don’t cry Sorkin. Don’t cry.😢😜

  • @1977ivanhoe
    @1977ivanhoe 5 часов назад +3

    Congratulations president Trump ❤ 😂

  • @MZInternationalBusiness
    @MZInternationalBusiness 6 часов назад +3

    Mike Pence sends his regards

  • @thetradersam6157
    @thetradersam6157 5 часов назад +5

    just remember Social Security is not an entitlement

    • @RK-um9tu
      @RK-um9tu 4 часа назад

      Why would anyone listen to a Bot...

  • @ibrahimdhere
    @ibrahimdhere 7 часов назад +13

    The only former secretary who served under Trump who never thrashed the president when he left office. Loyal to the core.

  • @1952RONALD
    @1952RONALD 5 часов назад +2

    I’m just waiting for my 1/2 price utility bill! 😂😂

    • @wkusam123
      @wkusam123 52 минуты назад

      If there's a tariff on it, it'll be x2

  • @avataraustin1
    @avataraustin1 5 часов назад +2

    TRUMP MAGA!!!

  • @MrTom-kl7hy
    @MrTom-kl7hy 2 часа назад

    Lower interest rates, mean lower payments to the social security trust fund. 15 years of way too low interest rates have robbed the trust fund of billions, promoted wasteful spending in both the private and government sectors, and increased the income divide.

  • @stevem8602
    @stevem8602 5 часов назад +3

    He said it. Goodbye social security

  • @philyogaeveryday321
    @philyogaeveryday321 5 часов назад +2

    Entitlements? The DOD seems mighty entitled.

  • @raheelakhtar7
    @raheelakhtar7 5 часов назад +2

    Urgh! Tariffs are bad policy. No one in USA wants to work in a freakin factory for minimum wage and long ass hours. Why is this path to prosperity? Would you want this for YOUR kids?

    • @karmasutra4774
      @karmasutra4774 4 часа назад

      Tariffs are supposed to tip their hand and bully them into creating work in the US and lowering costs. It's just a technique in business like playing chicken. That is what he is trying to do.. bring jobs here and we shouldn't be dependent on procuring for most things outside the US. People will want to work those jobs

    • @stormvillians
      @stormvillians 12 минут назад

      No they absolutely trying to squeeze the American consumer. Tariff are another tax added to the cost. More inflation

  • @siamcharm7904
    @siamcharm7904 7 часов назад +3

    there are usa companies all over china we sell 800 billion a year to the chinese. new taxes and boycotts will cause a lot of pain to our comps like deere, mcd, apple, gm, 8000 in all. cant think of any chinese comps around usa.

  • @pallekjrlaursen8388
    @pallekjrlaursen8388 5 часов назад +2

    Tariffs will be used to compensate farmers for losses due to tariffs. Congrats on the "win".

  • @richardziegler213
    @richardziegler213 3 часа назад

    Corporate taxes 0% ! Squeeze dem old folks ! They got the money ! 😂

    • @stormvillians
      @stormvillians 14 минут назад

      No you voted for them to pay nothing. Enjoy it

  • @RiddleS-x8d
    @RiddleS-x8d 6 часов назад +10

    We finally are talking policy. It’s a start.

  • @s1dest3p
    @s1dest3p 5 часов назад +2

    Trump's plans are pretty good, but I hope he'll focus on individual taxes and making them a flat tax just like corporate taxes are.

  • @darrylanderson4764
    @darrylanderson4764 5 часов назад

    Elon musk is a genius in engineering and energy, right Andrew

  • @douglowry8674
    @douglowry8674 6 часов назад +3

    Trump should say Elon's companies will receive no more government grants.

    • @RiddleS-x8d
      @RiddleS-x8d 6 часов назад

      Clarity would help out a lot.

    • @akapbhan
      @akapbhan 5 часов назад +1

      Boeing in space already is a mess. He's the only one able to reliably provide internet to remote areas. US needs musk more than the other way around.

    • @RK-um9tu
      @RK-um9tu 4 часа назад

      ​@@akapbhanWrong.

    • @akapbhan
      @akapbhan 3 часа назад

      @@RK-um9tu wow such an interesting point you made there.

  • @richardgodwin2967
    @richardgodwin2967 2 часа назад

    Mnuchin was an outstanding Treas. Sec.
    I hope that Trump, the Sequel, puts him back in that cabinet position.

  • @Patrick-yh5yd
    @Patrick-yh5yd 7 часов назад +1

    I hope Trump opens up business with Cuba. Great chance while Russia is busy.

  • @MissMyMusicAddiction
    @MissMyMusicAddiction 6 часов назад +6

    i would love to see him come back as treasury secretary, again.
    i like that he's thinking longer horizon
    maybe sitting on the sidelines for four years was a good thing for trump's old team

  • @carolyn1003
    @carolyn1003 6 часов назад +4

    Congratulations Mr Trump ❤❤❤❤❤

  • @amatuer2
    @amatuer2 7 часов назад +9

    Tariffs are a tax on the consumer !

    • @tvm73827
      @tvm73827 6 часов назад +9

      Not if you stop buying Chinese and start buying American (or Canadian or Mexican)

    • @stlsensimilla
      @stlsensimilla 6 часов назад

      ​@@tvm73827Americans don't make anything.

    • @royprovins7037
      @royprovins7037 6 часов назад +1

      What about the workers?

    • @meltbeam
      @meltbeam 6 часов назад +3

      @@tvm73827 that is literally impossible in a lot of cases. there are many, many things we don't manufacture and aren't in a position to start to. elon musk literally admitted that the middle class is going to endure hardship under tariffs

    • @tecumseh4095
      @tecumseh4095 6 часов назад

      @@tvm73827 Where can I buy an American made cellphone?

  • @jhockey11liu91
    @jhockey11liu91 7 часов назад +4

    Exactly. It is bargain tool.

  • @darrylanderson4764
    @darrylanderson4764 5 часов назад

    Good morning Andrew please keep the president on track with your plan

  • @rjv2395
    @rjv2395 7 часов назад +2

    to get into the Chinese domestic market, you need to be competitive. the US isnt competitive in most sectors. so what are you talking about. look at heavy equipment, cat and deere, not a chance for that is China. what are you going to sell them? cigarettes and what?

    • @RK-um9tu
      @RK-um9tu 4 часа назад

      In the Maga world, the US is the best at everything...

  • @RiddleS-x8d
    @RiddleS-x8d 6 часов назад

    No excuses Republicans.

  • @emmeadowmitbbs3537
    @emmeadowmitbbs3537 6 часов назад +1

    US market is completely open to China? How about those self-driving EVs?

  • @knt3219
    @knt3219 6 часов назад

    Good To See You Mr. Mike And It Has Been A While Since You Brought That Piece Last Time On CNBC. And At One Point , You Were Saying About Buying TikTok. Good To See You Sir. I Have Been Looking For The FED’s Decision Since Last Few Days . Will It. Happen. I Think 💚🇺🇸❤️✅☀️ It Will ☀️. Sincerely❤️❤️❤️.

    • @knt3219
      @knt3219 5 часов назад

      KNT 11:55 A.M. Eastern Time 🇺🇸. Sincerely❤❤❤, KNT.

  • @galkema
    @galkema 5 часов назад

    His last action on the way out was disappointing. Perhaps he ought not come back.

  • @douglowry8674
    @douglowry8674 6 часов назад

    Many companies in China have set up subsidiaries in other countries, including India and Vietnam. If you put on a tariff on China, companies move operations and still sell to the US, no new manufacturing jobs in US.

  • @ChrisDennis-dp3md
    @ChrisDennis-dp3md 7 часов назад

    Level playing field😅😅😅😅😅😅😅😅😅