"...and then they went to an income tax concept and how'd that work out for us..." As an import broker to China who knows all too well that tariffs are ultimately a TAX on the U.S. consumer which China does NOT pay, this drives me crazy. The "concept" you speak of does, in fact, work especially if the richest Americans and corporations pay their fair share. Alas, they don't, and we enable this kleptocratic behavior as evidenced by who stood behind POTUS at his inauguration. The poorest Americans and middle class workers will be impacted by this the hardest; those who helped vote him into office thinking he'd "save" the economy and jobs. They are in for a rude awakening when they realize he has nothing in common with them and never did.
you were afraid of the 99.9% survival rate for covid cough and thought a mask could prevent spreading a microscopic virus? That explains why you don't know that tariffs will replace the income tax and will make gnp icrease greatly. Millions of manufacturing jobs will eventually come back home.
"Import broker to China" means you're likely going to be negatively impacted by these tariffs, which explains your emotional response and severe Trump Derangement Syndrome. By the way, it's 2025. The mask pic makes you look like a retard.
He's improving the supply side of the equation by opening up energy. The strangulation happened when Biden stopped drilling, he was forced to resume drilling b/c inflation got up to 9%. Only then did it actually come down. But inflation compounds so 3 years = 20%; this is exactly why you can't pump money into the economic system and choke out the supply side. But Biden had no clue what he was signing. Don't believe the nonsense that tariffs will jack up prices. These will be shortlived b/c Mexico and Canada will cave in fast and China's is only 10% which is nothing...
America will still buy Intel and Texas Instruments as usual, the only difference is pay more money. I can’t wait to see how much is iPhone cost if make it America, that will be good exercise!!!’
That's because the US economy is massively inflated duh. Take a look at Nvidia's example; it lost almost $600 billion USD in a day just because of deepseek. If you look at Nvidia's net income in 2024, it's $29.76B vs Toyota's $24.3B, and yet Nvidia's market cap is over 10x higher. The cost of living is even more different; I'm sure you heard about people comparing the US vs. China's cost of living; if the same meal costs $2 somewhere vs. $10 in the US, that's a 5x increase in GDP. Wait until the US lost reserve status (fyi outside of these currencies U.S. Dollar 59% 🇪🇺 Euro 20% 🇯🇵 Japanese Yen 6% 🇬🇧 Pound Sterling 5% 🇨🇦 Canadian Dollar 3% 🇦🇺 Australian Dollar 2% 🇨🇳 Chinese Renminbi 2%, the rest of the world make up only ~4%)
As a non-American (or Canadian/Mexican/European/Chinese) I'm interested to see what happens. For years we've debated if free trade really is making people better off, now we get a real-world experiment.
There was a reason the US migrated to an income tax system. Tariffs didn't generate enough income to sustain initiatives and/or service debts. You'd think a stable genius would know that.
@yehimstone5492 and if massive pharmaceutical companies decide not to do that then we should just pay more for medicine? Is that owning the libs or what? How does this work?
TARIFFS ARE TAXES ON CONSUMERS! AMERICANS PAY FOR TRUMPS TARIFFS! TARIFFS LEAD TO HIGHER PRICES FOR AMERICANS! ALL TO PAY FOR TAX CUTS FOR BILLIONAIRES LIKE TRUMP.
i thought he cared about the market. oh wow. with tariffs, trump is now worse than biden. and biden was not all there. some promises are not worth keeping. the threat is enough.
Also introduce a 25% export-tariff, on oil going to USA, the day he imposes any import-tariff on your 4-million-barrel-per-day exports to the USA. Turnabout is fair play, especially when your former friend/ally is trying hard, to bully you !
The sad part is that a guy that could not graduate from high school without his father paying off the school, is trying to run the world's economies. Help.
Seconded, you need tax/economic-stability to make the call, to build a new factory in the USA. Oh, and workers, like the millions he's starting to throw out.
US importers pay the tariffs, it is an import tax paid by Americans. Yes it makes those goods less competitive against locally manufactured products. But there is NO money coming from foreign countries/companies to the US. Like all taxes it is purely internally, paid by Americans to the US government. Without other tax cuts elsewhere it just increases the total tax take by the Federal government. Maybe it will boost local manufacturing over time. But having more local manufacturing generally does not correlate with greater wealth, all these countries running a large trade surplus with the US are generally much poorer.
ASML in the Netherlands applies Moore's law to chips. Every chip maker needs ASML. Intel is the one that can make 7nm, but ASML is already at 2nm. Intel uses 3nm from TSMC, who got that from ASML EUV machines. Ryzen 9 also 4nm from ASML EUV machines. The new Nvidia cards have the 3nm tech from ASML. Only ASML can do it. China is catching up though. Within ten years China would've catched up with ASML. Could be next week though if Trump tries to tariff Europe.
Eggs grocery and housing what dose all of these tariffs he to do with those high prices he is just making more things expensive so they can go on the egg list I guess
Well, so much for the "Peace Arch" Border crossing Arch which declares: on the U.S. side "Children of a common mother" refers to the two countries' shared British heritage Canadian side "Brethren dwelling together in unity" is from Psalm 133:1 The Peace Arch also has inscriptions above the iron gates on each side of the border: East side: "May these gates never be closed" West side: "1814 Open One Hundred Years 1914" (now 211 years)
So yet-another change of the start-date, and now it's not an across-the-board tariff, but targeted at specific-products. How can markets evaluate the effects of Trump's policies, when they change by-the-minute, every time he opens his mouth ? ! 😄
How will the steel and aluminum tariffs affect the 🇺🇸 motor vehicle industry ? 🇨🇳 already producing vehicles at scale and trouncing all competition! surely, the administration has made some scenarios calculations and analysis???
@Petaljane I'm Canadian too, but instead of me blaming the US, I know that Canada this whole time has already been cheating the US with unbalanced trade. Canada govt should fix its own immigration, drugs, housing problems first before acting like stupid virtue signaling kids
Think results may vary, but has potential to have a variety of buisness seeking other partnerships and relations with nations that are not contributing to American interests.
GRINGO ARE YOU READY TO PAY MORE JUST FOR THE SANE ITEMS? RENT,GAS,ELECTRICITY, FOOD, MEDICINE, INSURANCE, AUTO AND MEDICAL, MC CACADONALD WILL BE MORE EXPENSIVE THEY WILL RENAME THE HAPPY MEAL AS THE CRYING MEAL 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂
Chips should be tariffed - they're bad for your health and fattening too!
😂😂😂😂 Especially Doritos!
What about onion one?
😂😂😂🎉
hah hah
Sugar too!
Make idiots great again 😆😆
"...and then they went to an income tax concept and how'd that work out for us..." As an import broker to China who knows all too well that tariffs are ultimately a TAX on the U.S. consumer which China does NOT pay, this drives me crazy. The "concept" you speak of does, in fact, work especially if the richest Americans and corporations pay their fair share. Alas, they don't, and we enable this kleptocratic behavior as evidenced by who stood behind POTUS at his inauguration. The poorest Americans and middle class workers will be impacted by this the hardest; those who helped vote him into office thinking he'd "save" the economy and jobs. They are in for a rude awakening when they realize he has nothing in common with them and never did.
Bro you are wearing a mask in your pfp
@Del_987 old covid selfie 🤷♂️
you were afraid of the 99.9% survival rate for covid cough and thought a mask could prevent spreading a microscopic virus? That explains why you don't know that tariffs will replace the income tax and will make gnp icrease greatly. Millions of manufacturing jobs will eventually come back home.
"Import broker to China" means you're likely going to be negatively impacted by these tariffs, which explains your emotional response and severe Trump Derangement Syndrome. By the way, it's 2025. The mask pic makes you look like a retard.
Only if average Americans is educated enough and intelligent enough to understand that....
Any Tariffs on Orange dye #5, asking for a friend.
😂😂😂😂😂
😂😂😂😂
His stupid followers thought he was going to lower prices.🤣
That's because there aren't any 'smart followers...
He's improving the supply side of the equation by opening up energy. The strangulation happened when Biden stopped drilling, he was forced to resume drilling b/c inflation got up to 9%. Only then did it actually come down. But inflation compounds so 3 years = 20%; this is exactly why you can't pump money into the economic system and choke out the supply side. But Biden had no clue what he was signing. Don't believe the nonsense that tariffs will jack up prices. These will be shortlived b/c Mexico and Canada will cave in fast and China's is only 10% which is nothing...
Been 10 days. You gave biden 4 years and ofcourse biden failed
You guys voted him in. Enjoy your Trumpflation.
Had 4 years of 20% bidenflation
Time 4 change
Dumb@@yehimstone5492
Cope and seethe.
@chanceriordan You will like higher costs of goods as long as it's under Trump. Yup that's cult behavior.
@ Higher cost foreign goods make U.S. goods more competitive and boosts U.S. manufacturing jobs. Stay mad, communist.
Why stop there!
Impose tariffs on EVERYTHING!
Tariffs on chips will hurt bad. Phones, pc’s, graphic cards, computers. 90% imported, no local alternative..
Intel
Texas instruments can sell them chips too
Doritos!
America will still buy Intel and Texas Instruments as usual, the only difference is pay more money. I can’t wait to see how much is iPhone cost if make it America, that will be good exercise!!!’
@@S-time-8033 iphone is all marked up. It doesn't cost much to make. That's why Apple is worth more than nations
37 trillion in deficit. World richest country. Bullshit
China Debts to GDP just surpassed us though. You looked the wrong way, Bud😅
debt not deficit and the debt increased from 20trillion to 37 trillion in 4 years
@@owencallaghan8735 your bs sounds rubbish bs.
The eagle has landed baby
That's because the US economy is massively inflated duh. Take a look at Nvidia's example; it lost almost $600 billion USD in a day just because of deepseek. If you look at Nvidia's net income in 2024, it's $29.76B vs Toyota's $24.3B, and yet Nvidia's market cap is over 10x higher.
The cost of living is even more different; I'm sure you heard about people comparing the US vs. China's cost of living; if the same meal costs $2 somewhere vs. $10 in the US, that's a 5x increase in GDP.
Wait until the US lost reserve status (fyi outside of these currencies
U.S. Dollar 59%
🇪🇺 Euro 20%
🇯🇵 Japanese Yen 6%
🇬🇧 Pound Sterling 5%
🇨🇦 Canadian Dollar 3%
🇦🇺 Australian Dollar 2%
🇨🇳 Chinese Renminbi 2%, the rest of the world make up only ~4%)
As a non-American (or Canadian/Mexican/European/Chinese) I'm interested to see what happens. For years we've debated if free trade really is making people better off, now we get a real-world experiment.
See brexit 😂
This is about revenue to cover the tax cuts, nothing more.
Lol yup, the aren’t hiding it though. Scott Bessent said that’s one of the three main goals of tariffs
Tariffs are a tax on poor people
More tax cuts for his billionaire friends.
Excellent. Not like Sleepy's last four👍👍 MAGA country is BACK!!
@@George-f8h Not for Grandpa Bernie you're saying l. Excellent 👌
His meds are wearing off
Just waiting for the moment the first MAGA person goes to the store and looks at the price. LOL.
What a disaster
There was a reason the US migrated to an income tax system. Tariffs didn't generate enough income to sustain initiatives and/or service debts.
You'd think a stable genius would know that.
this is proof you don't need intelligence to be rich.
80% of government revenue was alcohol tax at one point. Prohibition brought income tax. I watched a pbs documentary. Makes me an expert.
This guy doesn’t realize that tariffs will hurt American people
He knows. He doesn't care.
@@jamescampbell4751tariffs will replace incometax.
You're wrong.
@ even worse if he knows so he doesn’t care about his people
Wrong lol
He's going to put tariffs on MEDICINE?!?! The man is clueless
Make medicine in america again
@yehimstone5492 and if massive pharmaceutical companies decide not to do that then we should just pay more for medicine? Is that owning the libs or what? How does this work?
The extra money is what the Americans are going to pay when they buy the products...
"We used to be a tariff country." Republican tariffs led to steep price increases and a landslide victory by the Democrats in the 1890's.
a true visionary
America was the richest between 1870-1913? Huh! How about 1945-1970 when it truly was the undisputed richest country in the world?
TARIFFS ARE TAXES ON CONSUMERS! AMERICANS PAY FOR TRUMPS TARIFFS! TARIFFS LEAD TO HIGHER PRICES FOR AMERICANS! ALL TO PAY FOR TAX CUTS FOR BILLIONAIRES LIKE TRUMP.
How much did you pay in taxes this year?
Right after he uttered those words, the stock market started crashing making everyone poorer
i thought he cared about the market. oh wow. with tariffs, trump is now worse than biden. and biden was not all there. some promises are not worth keeping. the threat is enough.
Tariffs on chips? So he thinks suddenly these companies will start making chips in the USA? LOL, let's see how that works out. Clown!
Lots of things going to be more expensive to buy in the good ol us of a.
This dude is clueless lol
tariff... a new religion is born!
As long as it replaces the religion of free trade
@@eliwhaley4804 free trade is an invention of the US. this will backfire.. besides do you know the % of revenue the big 7 earn abroad?
Now usa is alone.
Y dont need an enemy when y got USA as a friend
Good we can start charging world prices on oil from Canada!
Also introduce a 25% export-tariff, on oil going to USA, the day he imposes any import-tariff on your 4-million-barrel-per-day exports to the USA. Turnabout is fair play, especially when your former friend/ally is trying hard, to bully you !
The sad part is that a guy that could not graduate from high school without his father paying off the school, is trying to run the world's economies. Help.
It’s ok he just will file bankruptcy
How does business make any plans with this type of management of the economy by the president?
Seconded, you need tax/economic-stability to make the call, to build a new factory in the USA. Oh, and workers, like the millions he's starting to throw out.
Been hearing about this everywhere but Fox New's RUclips channel still hasn't mentioned it. 🤔
Is there anything that he won't tariff at this point?
he already looks tired
Well he is an old man, and all that golfing tires him out, even riding round the course on his electric-vehicle ! 😄
Black Monday the sequel
Who pays the for the tax that he is proposing it sounds like he is taxing everyone and everything
US importers pay the tariffs, it is an import tax paid by Americans. Yes it makes those goods less competitive against locally manufactured products. But there is NO money coming from foreign countries/companies to the US. Like all taxes it is purely internally, paid by Americans to the US government. Without other tax cuts elsewhere it just increases the total tax take by the Federal government. Maybe it will boost local manufacturing over time. But having more local manufacturing generally does not correlate with greater wealth, all these countries running a large trade surplus with the US are generally much poorer.
aren't they owned by American companies? Intel and Nvidia? made in Taiwan, not China?
ASML in the Netherlands applies Moore's law to chips. Every chip maker needs ASML. Intel is the one that can make 7nm, but ASML is already at 2nm. Intel uses 3nm from TSMC, who got that from ASML EUV machines. Ryzen 9 also 4nm from ASML EUV machines. The new Nvidia cards have the 3nm tech from ASML.
Only ASML can do it. China is catching up though. Within ten years China would've catched up with ASML. Could be next week though if Trump tries to tariff Europe.
@@Joey-ct8bmthis will make stocks like Nvidia go down I assume
Basically everything going to be expensive...well more that already is....sound fun...
Are you smarter than a 5th grader? definately not
Defiantly not too😂
Cars and Trucks will be next , better buy your Toyota or VW before Price hikes >Unless built in US Bye to Foreign cars .
Built in-the-USA, and WITHOUT any imported-parts or raw-materials !
@@lassiejr2115 including your trucks thats parts cross the Mexican border up to 7 times
I’ll just drive to Mexico to buy a vehicoe
@ But won't you have to pay any import-tax or tariff, when you drive your new car back across the border, to the USA ?
What kind of chips? I hope not tortilla
Trump your full of yourself. Trump thinks he's God.
Disagree, his MAGA-followers think he's God, he himself doesn't think about anything except concepts of policies.
Eggs grocery and housing what dose all of these tariffs he to do with those high prices he is just making more things expensive so they can go on the egg list I guess
I'm sure he won't put tariffs on tanning lotions.
10% of your bank savings shall goes to the tax collector. Make America great again. Thanks for your contribution to nation building.
Shame on the mess
I actually took a big poop and was imposed a tariff when I flushed my toilet.
Omg Doritos prices are going up
Poor guy...
Go ahead and put it on oil dummy!
What about Jalapenio Chips ? Barbecue Chips ? Ruffles ? Pringles ?
Well, so much for the "Peace Arch" Border crossing Arch which declares: on the U.S. side
"Children of a common mother" refers to the two countries' shared British heritage
Canadian side
"Brethren dwelling together in unity" is from Psalm 133:1
The Peace Arch also has inscriptions above the iron gates on each side of the border:
East side: "May these gates never be closed"
West side: "1814 Open One Hundred Years 1914" (now 211 years)
So yet-another change of the start-date, and now it's not an across-the-board tariff, but targeted at specific-products. How can markets evaluate the effects of Trump's policies, when they change by-the-minute, every time he opens his mouth ? ! 😄
How will the steel and aluminum tariffs affect the 🇺🇸 motor vehicle industry ? 🇨🇳 already producing vehicles at scale and trouncing all competition! surely, the administration has made some scenarios calculations and analysis???
No income tax will really help people with no job and no income
Things associated with chips, I guess ketchup is next?
What about onion and chive chips?
no body in world now would buy more overprice USA chip to train their own Deepseel AI
As a Taiwanese I'm excited to see what's gonna happen.
Hopefully tariff fight is shorterm term pain for longterm gain ? But going against the BRICS is really a longterm pain.
My boy wants pay offs from everyone - and it’s not going to america but trumps wallet.
"I am going to tariff all things related to chips"..... there goes the price of dip!
👍😂
Chips? Chocolate, potato or buffalo?
🇨🇦 I can only protest with my wallet. I grocery shopped today and spent $0 on USA products. I’ll continue.
@Petaljane I'm Canadian too, but instead of me blaming the US, I know that Canada this whole time has already been cheating the US with unbalanced trade. Canada govt should fix its own immigration, drugs, housing problems first before acting like stupid virtue signaling kids
Donald Tariff
Why taffif on oil?
TSMC has opened a plant in the U.S., which will allow local wafer fabs to produce more wafers.
things associated with chips, like what ... fish & chips?
First / load up on tequila !
Hegseth
😂😂😂😂
shame I love fish and chips
Banana tariffs wars between the US and the EU was settled after 20 years 😂
Biggest debt in the world USA
Think results may vary, but has potential to have a variety of buisness seeking other partnerships and relations with nations that are not contributing to American interests.
100% on apple and microsoft.
Btw linux is free
eventually, he will have to devalue the dollar
time to REVOLT!
Awesomeness
The economic equivalent of changing the directional flow of the Gulf Stream....all players will seek alternative markets...expanding BRICS ...
😂😂 make mining great again
Powerful 💰
GRINGO ARE YOU READY TO PAY MORE JUST FOR THE SANE ITEMS?
RENT,GAS,ELECTRICITY, FOOD, MEDICINE, INSURANCE, AUTO AND MEDICAL,
MC CACADONALD WILL BE MORE EXPENSIVE
THEY WILL RENAME THE HAPPY MEAL AS THE CRYING MEAL 😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂😂