I'm less concerned about Trump's tariffs than others might be, says Jan Kniffen

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  • Опубликовано: 14 ноя 2024

Комментарии • 164

  • @lekely4115
    @lekely4115 4 дня назад +176

    With the Fed cutting interest rates by 25bps, what do you think will happen to the stock market? My portfolio has performed exceptionally well this year, but I am concerned about the possibility of a market crash and losing my gains though but, it's all on a brighter and splurging side for Gold, should I look that way?

    • @brucehoodb
      @brucehoodb 4 дня назад

      Investing in gold is a reliable choice, and I plan to keep buying more to make up for my losses. While silver is also a good investment, my collectibles are not as similar. It's important to have clear investment goals and educate yourself on the type of investment that interests you. I work with a financial consultant regulated by the SEC, and started small, but eventually accumulated over $800,000

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      @lekely4115 4 дня назад

      Can you pls provide instructions on how to contact your advisor? I think I'm in need of one to help me scale through

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      @brucehoodb 3 дня назад

      Yes i will and his name is Gabriel Alberto William, he is not just a broker, he is a financial adviser that give advice on any financial matters and you can make a research with his full name

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      @lekely4115 3 дня назад

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    • @Michelle-bn1fu
      @Michelle-bn1fu 2 дня назад

      Stupid SPAMMERS!! Come up with a new stupid chat!

  • @aleand957
    @aleand957 3 дня назад +27

    We're glad he is not as concerned about tariffs. The Chinese may absorb a 10% tariff, but not a 60% tariff. But they will retaliate as they did during Trumps first term where in response to tariffs China cancelled orders on Agricultural products and went shopping elsewhere. So Trump had to spend $12 Billion to help farmers that either couldn't sell their products or sell them below their cost to produce. Tariffs have consequences. With 4% unemployment I don't see a whole lot of surplus labor to be making toys, t-shirts etc.

    • @aaronjohnson4573
      @aaronjohnson4573 3 дня назад +3

      A lot of small farmers never saw the money.

    • @kar-r5i4f
      @kar-r5i4f 3 дня назад +1

      they cancelled 35 billion from farmers today

    • @Kurokami112
      @Kurokami112 3 дня назад

      Oh, don't worry, with the plans to remove the child labour regulations the children can make their own toys and clothes!

    • @Shakenbake-in9ux
      @Shakenbake-in9ux 3 дня назад +1

      My uncle never saw a penny.

    • @byteafterbyte
      @byteafterbyte 2 дня назад +4

      In addition to the Chinese searching elsewhere, now South America has stepped up to the opportunity. So now they have improved their ports and increased their farmland. We are not going to get back any Ag business we lose. This guy is only speaking from a retail perspective and is oblivious to the Ag side!

  • @bobdoe38
    @bobdoe38 4 дня назад +19

    Putting on tariffs = Telling others you’re not competitive

    • @prejudicine
      @prejudicine 3 дня назад +1

      Great perspective

    • @JeDxDeVu
      @JeDxDeVu 3 дня назад +5

      Competitive= unethical labour and minimum pay. lol

    • @bobdoe38
      @bobdoe38 3 дня назад +1

      @@JeDxDeVu Seems like Americans are complaining about all that for the Chinese workers 😁 Americans must be very loving and caring 😁 If you are referring to Xinjiang on “unethical labor practices” - Americans must love Muslims in Xinjiang like they do with Muslims in Iraq, Libya, Syria, Yemen, Palestine, Lebanon 😁

  • @Gabbyigi
    @Gabbyigi 4 дня назад +26

    Why bring people to this show that simply lie. Go ask American farmers what happens as a result of the tariff??

    • @jDvon10
      @jDvon10 4 дня назад

      No one has admitted that most the people supporting trumps plan are not working class people. Its all government contractors, investors and speculators, and those who already have assets.

    • @jacqdanieles
      @jacqdanieles 3 дня назад +3

      🎯

    • @pedrouzquiano2548
      @pedrouzquiano2548 3 дня назад

      We bailed the farmers out .... Trumps prior tariffs killed the farmers here. Then he had to pay them millions....

    • @JackMagger
      @JackMagger 2 дня назад

      What happens to American farmers as a result of the tariff?

    • @pedrouzquiano2548
      @pedrouzquiano2548 2 дня назад

      @@JackMagger the U.S. agriculture was about 25 billion and fell to about 9 billion in 2019. It was the tariff war Trump had with China. It caused the U.S. farmers to suffer and obviously Trump had to issue billions of our money to bail out the farmers who got devastated by his dumb moves. Look into it.... get educated.

  • @rb239rtr
    @rb239rtr 3 дня назад +6

    80% of Wallmart product comes from China. That's going to hurt.

  • @markweber7275
    @markweber7275 3 дня назад +16

    CNBC keep kissing trumps backside.

  • @SunTzu7-cg6nq
    @SunTzu7-cg6nq 4 дня назад +12

    The primary issue is that even if you add all the tariffs and any penalties it is still significantly cheaper to outsource manufacturing. US workers want to be paid. Other countries don’t have to worry about unions, benefits, minimum wage, unemployment insurance, overtime, etc. so their labor cost are much much much much cheaper. That will never change.

    • @byteafterbyte
      @byteafterbyte 2 дня назад

      A huge competitive advantage other countries have is universal healthcare. Workers don't have to worry about wages as much if their family is still taken care of. So wages can be lower than in the US. Tariffs will only highlight this difference.

  • @Armstrong741
    @Armstrong741 4 дня назад +120

    With stocks so expensive right now, the main aim for me is to make right value additions to boost my portfolio growth in this bubble ahead of 2025 with about 250 grand i have parked in the bank making nothing. What stocks should be on my watchlist?

    • @sledgeyyyyy
      @sledgeyyyyy 4 дня назад +4

      Buy GME, DJT!!!

    • @ConradGosling
      @ConradGosling 4 дня назад +3

      Bitcoin through 2025, then high yield ETFs through the bear market 26’-27’ that's my plan.

    • @JennaHerberholz
      @JennaHerberholz 4 дня назад +4

      "DCA" is the golden term but the key. My dollar portfolio i DCA with is made up of 30% PLTR, 25% SCHD, 15% VOO and over 30% in digital assets, thanks to my CFA. This strategy is what works for my spouse and I. We've made over 80% capital growth minus dividends. Q3 taxable divs this year was $18,388.

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      @Armstrong741 4 дня назад +2

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  • @grumblewoof4721
    @grumblewoof4721 4 дня назад +21

    All these people saying it will be OK under Trump are delusional. They will all be ruined or in jail.

    • @salbiase2117
      @salbiase2117 4 дня назад +3

      For what?

    • @grumblewoof4721
      @grumblewoof4721 4 дня назад

      @salbiase2117 Trump bankruptcy hos companies and will bankrupt America and all his acolytes get into trouble when he asks them to break the law for him, like a mob boss.

    • @chiquita683
      @chiquita683 4 дня назад +5

      Move to Canada

    • @ssuwandi3240
      @ssuwandi3240 4 дня назад

      The US has shifted away from China since before Trump's presidency. However China is still the largest trade partner. Let this sink in before being a Karen

    • @Chuck-js8dy
      @Chuck-js8dy 4 дня назад +3

      Please move to Canada

  • @JamesK1963
    @JamesK1963 4 дня назад +11

    People are completely oblivious of all the tariffs other countries place on US goods.

    • @bipolarpunt5721
      @bipolarpunt5721 4 дня назад +1

      Yep, I lived in Thailand and all US cars are tariffed 25%. Cars are more expensive there than the US.

    • @TheHandsomebaby
      @TheHandsomebaby 3 дня назад +4

      @@bipolarpunt5721 You lived in Thailand and you wanted to buy a US car. You deserve to be 25% tariffed LOL

  • @muyiwa508
    @muyiwa508 3 дня назад +14

    He is lying. He is not speaking to greedflation . The phenomenon that retailers would use the perception of inflation supposedly coming from increased sales tax in the form of Tarrifs to jack up prices at rates higher than the added cost of production.
    That is why companies are making way more money, even with selling relatively save volume of goods year on year.
    He is also assuming China would not take adverse steps to retaliate against American products. That is most naive thinking, considering China has been working on this exact scenario for over 10 years.

  • @MZInternationalBusiness
    @MZInternationalBusiness 4 дня назад +9

    This guy will say anything to be relevant -- he just said inflation is not a problem and T ran on inflation being a problem -- this is propaganda

    • @nhjhbmkuy7173
      @nhjhbmkuy7173 2 дня назад

      Inflation for consumers sucks but corporate America has been just find, tells you who trump wants to help with these tariffs

  • @userlokiloki
    @userlokiloki 3 дня назад +6

    Trump doesn't even know how tariffs work!😂
    Instead of reducing groceries, prices could double, and so are electronics and furnitures!!

    • @Sass2000Cass
      @Sass2000Cass 2 дня назад

      We should make almost everything here anyways.

    • @userlokiloki
      @userlokiloki 2 дня назад

      @Sass2000Cass sure, but the demand is higher than what could be produced locally!
      That is why this nation and others need imports to satisfy the demands! We would not survive on locally produced goods, especially food!
      That should be understood...

    • @Sass2000Cass
      @Sass2000Cass 2 дня назад +1

      We can produce what we need in this country. We have enough farmland to feed the world. You sound like a city person. If so please venture out of your city once in a while

    • @userlokiloki
      @userlokiloki 2 дня назад

      @Sass2000Cass well that is a good thing. Then, the price of groceries should go way down.

  • @zman4444
    @zman4444 4 дня назад +5

    None of our international suppliers lower prices in last time, they all could give ratsasss about what happens to us. Just another level of delusion of Mexico or China will pay for it. At the end we INCREASED all our prices and yes CUSTOMERS paid for it.

  • @joemartino6976
    @joemartino6976 3 дня назад +4

    Took a while for this guy to get to the negative point about tariffs….they are a regressive form of tax that hits the lower income brackets hardest.

  • @johnwallace849
    @johnwallace849 4 дня назад +2

    This guy is actually right on 50% of what he is saying. That’s pretty good for this channel.

  • @ubiquitous8947
    @ubiquitous8947 День назад

    Trump is a global businessman and the president of the USA. There are three countries in Asia with serious trade imbalances. Trump will smile and impose high tariffs on China and Money Machine South Korea, and Vietnam and he solves trade imbalances.. Japan, which is related to the Quad and the semiconductor alliance and the G7, will negotiate and impose low tariffs. The same goes for other countries with low trade imbalances with the USA.

  • @noahbell4929
    @noahbell4929 2 дня назад +2

    Tariffs are wonderful. Do not listen to Goldman Sachs and others who have created every single recession in US history. Tariffs are strategic. You tariff some goods modestly and others aggressively. To avoid tariffs, companies move to the US and then we gain their corporate income tax and jobs.

  • @kar-r5i4f
    @kar-r5i4f 3 дня назад +1

    the company i work for has already sent letters to our buyers that Jan 1st all prices will rise by 20 %

  • @georges3799
    @georges3799 3 дня назад +1

    Trump thinks he can pay for tax cuts with tariffs. It's a ridiculous idea.g

  • @camresearch5120
    @camresearch5120 4 дня назад +1

    Most of the oil produced in the U.S. fields in Texas, Oklahoma, and elsewhere is light and sweet, compared to what comes from the Middle East and Russia. The problem is that for many years, imported oil met most of the U.S.’s energy needs, so a large percentage of the refining capacity here is geared towards dealing with oil that is heavier and less sweet than the kind produced here.

  • @mikeystrikes7203
    @mikeystrikes7203 3 дня назад +1

    Tariffs an extra tax on goods....WTG

  • @jancurtis9670
    @jancurtis9670 3 дня назад +1

    No inflation!! Why are prices so high?

    • @brianw2742
      @brianw2742 3 дня назад +1

      Prices are high because they don't go down. The only times prices fell were during the Depression. Be careful what you wish for.

  • @barryv246
    @barryv246 3 дня назад

    That was then this is now. No guarantee tariffs won't increase US consumer prices. Do you want to take the chance?

  • @MissMyMusicAddiction
    @MissMyMusicAddiction 3 дня назад

    that was a great train of thought on the topic.
    freaking becky asking the good questions.

  • @paullanoue5228
    @paullanoue5228 2 дня назад

    When you are the number one economy in the world starting a trade war is brainless. It will raise prices here. Targeted tariffs for those dumping products far below market prices is the best usage for tariffs. Blanket tariffs are overkill that is inflationary and nothing more than political theater. But when inflation roars back they will simply blame the previous administration.

  • @johnwallace849
    @johnwallace849 4 дня назад

    Retailers also don’t have high capital expenses and unless they are carrying a lot of debt the tax rate is not that big of a conversation. Everything is coming out of the business in the EBITDA gymnastics

  • @Michelle-bn1fu
    @Michelle-bn1fu 2 дня назад

    Must be a lot of suckers that watch CNBC cause the scammers seem to target these chats the most.

  • @JamesK1963
    @JamesK1963 4 дня назад +3

    CNBC is overreacting about the tariffs now. Lol

  • @Masonharrigton
    @Masonharrigton 4 дня назад +3

    !!! From $37K to $65K that's the minimum range of profit return every month I think it's not a bad one for me, now I have enough to pay bills and take care of my family....

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      @MarcusWilliams-b1r 4 дня назад

      How please?..

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      Heather Watson...

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    • @BigBamzi
      @BigBamzi 4 дня назад

      I Just withdrew my profits week ago, To be honest it was an amazing feeling when the profits hits my wallet I wish I could reinvest but, too much bills..

    • @GoodGod-i3c
      @GoodGod-i3c 4 дня назад

      Spot-on, I would always rate her signals as one of the best ever used 100% accurate...

  • @01FUMBLE
    @01FUMBLE 3 дня назад +2

    This guy is a clown welcome to the circus america

  • @chuyenpham3336
    @chuyenpham3336 3 дня назад

    Thankssss

  • @JackMagger
    @JackMagger День назад

    *in 2014 agriculture was producing 25 billion in exporting*
    In 2014, the total value of all U.S. agricultural exports was $150 billion.
    *when Trump got into the China tariffs war in 2017*
    The economic conflict between China and the United States was initiated in January 2018, when U.S. President Donald Trump began setting tariffs and other trade barriers on China.
    *Agriculture went down to 9 billion.*
    Did you mean to say that the total value of U.S. agricultural exports to China declined by $9 billion since Trump imposed import tariffs on China in 2018? If so, your claim is false.
    From mid-2018 to the end of 2019, China's retaliatory tariffs caused a reduction of more than $27 billion in U.S. agricultural exports, with the largest decline in export losses occurring for exports to China.
    *Trump's tariffs war devastated the U.S. farmers*
    Between mid-2018 and the end of 2019, more than $27 billion had to be compensated with government payments to farmers. $25.7 billion was tied to China. Under President Joe Biden, relief payments continued. The subsidies went to large farms predominantly, leaving smaller producers out in the cold.

  • @rb239rtr
    @rb239rtr 3 дня назад

    the tarrifs are 10% on everyone, 60% on China, So not much eating of tarrifs by Bangladesh or Vietnam.

  • @HieouyaAgnèsDoyo
    @HieouyaAgnèsDoyo 4 дня назад +2

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    • @SandrineKouassir
      @SandrineKouassir 4 дня назад

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    • @SandrineKouassir
      @SandrineKouassir 4 дня назад

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $200k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

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      @AnastasiaAngelinaPetrova 4 дня назад

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    • @HieouyaAgnèsDoyo
      @HieouyaAgnèsDoyo 4 дня назад

      how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?

  • @BarryKidd-n4s
    @BarryKidd-n4s 3 дня назад

    i tell all countries to stop selling to America see how long the us last without you

  • @KungPowEnterFist
    @KungPowEnterFist 4 дня назад

    That's because he has positioned himself for higher inflation.

  • @ProdigalExplorer
    @ProdigalExplorer 4 дня назад +1

    Arrogant guy

  • @MBarberfan4life
    @MBarberfan4life 4 дня назад +2

    Tariffs don't cause widespread inflation----that's a monetary phenomenon. At worst, it would be relative "inflation".

    • @KingJT80
      @KingJT80 3 дня назад +1

      ask the farmers from the last time they did this under trump

    • @MBarberfan4life
      @MBarberfan4life 3 дня назад +1

      ​@KingJT80 that proves my point, lmao. CPI did not go up

    • @KingJT80
      @KingJT80 3 дня назад +2

      @@MBarberfan4life these will be more widespread. Things WILL GO UP
      FAFO

  • @ubiquitous8947
    @ubiquitous8947 3 дня назад +1

    Trump imposes tariffs on countries with trade imbalances of more than $50 billion every year, but the G7 is America's closest ally. In the end, Trump has to increase tariffs on the supply chain (China-Vietnam-Mexico) and South Korea. South Korea has a weak market and technology, so if Trump imposes tariffs, the US will benefit without getting hurt. Among countries with trade imbalances of less than $50 billion, Taiwan has technology. The fabless (design, sales) of US semiconductors (Apple, Nvidia, Intel, AMD, Qualcomm) and Taiwan's TSMC fab (production) have 100% synergy effects.

  • @me4g862
    @me4g862 3 дня назад

    quit interuppting becky...jesus

  • @andydondy6444
    @andydondy6444 3 дня назад

    I hope america likes hyperinflation 😉😉

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    @KolinWhite-w7g 3 дня назад

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  • @JamesK1963
    @JamesK1963 4 дня назад +1

    Democrats are suddenly worried about inflation. Lmao

    • @KingJT80
      @KingJT80 3 дня назад

      we had lower inflation than all the other modern countries.
      you can kiss that goodbye

  • @d.s.8733
    @d.s.8733 3 дня назад

    Choice between tariffs or corporate tax increases which was the Harris ideas! Corporate tax hikes makes our companies less competitive where as tariffs create a negotiating tool to reduce our trade deficit! Both are positive for America because our corporations remain competitive and China has to make a decision which should reduce our trade deficit!
    Also while this guy is accurate about less jobs, it's still more jobs that are higher paying! Robotics requires programmers and Maintenance as well as forklift drivers so he's Way off on his assumption of job creation!

  • @tedosmond413
    @tedosmond413 4 дня назад

    All the doubters need to understand that tariffs are just like free money. Everyone benefits from the tariffs but no one pays for them. It is wonderful. Soon other countries will realize that they too want free money and will institute tariffs and then they will be rich with the free money too....

    • @carlosgamez6230
      @carlosgamez6230 4 дня назад +3

      If no one pays for it, then how is it free money?

    • @KingJT80
      @KingJT80 3 дня назад +2

      @@carlosgamez6230 you know this person believes in "voodoo economics"

    • @fionarobertson8841
      @fionarobertson8841 3 дня назад +1

      you are lacking in education

    • @KingJT80
      @KingJT80 3 дня назад +1

      @@fionarobertson8841 and that person who wrote that is exactly why we got here
      Believes everything that rich people like Elon musk says
      They'll be the first ones in the fields filling in for migrants......

    • @tedosmond413
      @tedosmond413 День назад

      @@carlosgamez6230 if you had to pay for it then it wouldn't be free. Get it now?