How will tariffs be effective in making America great again?
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- Опубликовано: 7 фев 2025
- 'Kudlow' panelists Rep. Claudia Tenney, R-N.Y., and Sen. Kevin Cramer, R-N.D., analyze President Donald Trump's foreign economic policies.
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Fox is the worst thing to happen to america.
Only second to Trump
Your lost
Ur a fool.
Along with Newt Gingrich, Mitch McConnell, and Lindsey Graham.
Biden....the worst thing that happened to America!!
C’mon Larry. Having consumers pay an increase in tariffs/taxes to pay for tax cuts is moronic.
Bruce, it is moronic for a person as yourself to make a comment on taxes and tariffs when you do not understand them at all.
This is what Americans voted for😢
@@owenprince4823no dummy. You’re giving this grifter in chief and his wealthy friends more money 😂
@@owenprince4823 Ironically it seems like the one that doesn’t understand is you 😂
@@owenprince4823 as someone who actually has a degree in economics, and has worked as an accountant. You are the one that is wrong. Tariffs are import taxes that the consumer pays.
How many of Donald Trump's businesses went bankrupt? Not ONE, not TWO, not THREE, not FOUR, not FIVE, but SIX! Yet we are expected to believe that he has the expertise to grow the US economy. 🙄
Dont ask is minions and expect a answer ;-) Kudlow say avery time how bad Bidens economy was as Dow was rising and climb every time new high, Now when Dow sinks he praise Trump for his economy plans to tank Americans economy with stupid tarrifs!
When you want fight agains Fentanyl fight against reasons for consume, no other country in the world need so many drugs like USA!
@dokedoker3340 yes, two weeks in, and the 78 year OLD convicted felon and Top Secret Classified documents thief President commits failure after failure after failure. How are those DAY ONE lowered cost of living directives working for you, MAGA?🙄
@@dokedoker3340 That's only because a little over half of the U.S. that voted for him are clueless and now the entire country gets to suffer for their utter stupidity.
If you took the time to find out why a business will go broke you would know that it is the government taxation, the massive regulation and the evil that rules over you. Trump is now in a position to fix all that so a business can make money and succeed. Look at Canada. They claim it is a democracy but that is a very big lie. It is a communist country that has so many regulation that no company can succeed and every company will go bankrupt because they are competing against their own government that can shut them down with regulations.
TDS stop shot your mouth. Did Buden improves your life. Biden make our lufe miserable not only American hut the whole world suffer because of Bidrn stupidity
As a person that deals with car parts everyday. Most things that make up a vehicle come from Canada and Mexico. Prices for consumers in the USA are gonna skyrocket. Theyre talking about short lived tariffs yet mexico and canada are pissed at us. How can the USA be a world leader when it's turning its own closest trade partners against it?
Well stated. Sadly not surprising. Enough foolish people buy into his BS.
Then maybe they should be made here.
@@cherieroberton694I doubt those tariffs are gonna force companies into doing that. Companies know labor is too expensive here in the US. They’ll probably pay for the tariffs and make up for it by raising their prices.
You are not a world leader anymore. All your allies are looking for other business. America is not an investment anymore. Your sorry excuses of a president, pushed away all you allied in one week, well done.....
@@cherieroberton694because Mexicans work for a fraction of what Americans demand. Cause American dollar 60% stronger than the Canadian dollar = more buying g power in Canada. If Americans are willing to reduce their wages by 40% go for it. But these are the things Dox won’t say cause they are scared of the orange buffoon
Larry doesn't know that many US oil refineries can only process heavy oil from Canada. It will take years to replace or refit Houston, and other facilities to process sweet crude from USA.
Enjoy $8 gasoline. You are unhinged.
He knows alright but is keeping his MAGA sheep audience in the dark about it.
i guess it'll come from Venezuela? Does seem like it's gotta be a bluff
@@BuildNumber42they dont produce anywhere near enough, its also more expensive
But you heard it from Claudia: Mexico needs to behold to the US. All countries in all of America, Africa and Europe need to behold to the US because the US needs to be the leader of the free world!
Too bad, the whole world will flip the finger towards the US.
he knows better he just choses to suck up to Trumps incompetence
Man I went here to put my head in the sand and feel good about tariffs but not even Fox can spin this horseshit enough to convince me.
Tariffs are a tax imposed your own people.
yep, plus there will be a world wide boycott of American goods and services, if trump keeps threatening countries and putting tariffs on his allies
they are not, tariffs are gods gift paid by fairies
@@vemaraju It's impossible to impose a fee onto a foreign jurisdiction. Tariffs are a tax upon your own people.
@@vemaraju exactly, tariffs are magic meme coins from heaven
Think of tariffs like an entry fee for businesses trying to sell in the world’s biggest marketplace-the U.S. economy. It’s not something to fear; it’s just the cost of access to the largest consumer base in the world. Our GDP is unmatched, and people around the globe want a slice of that. So, they pay the price-whether it’s tariffs or trade concessions-to get their products in front of American consumers.
It’s no different than businesses paying their electric bill or us paying tolls on the highway. It’s a necessary expense to operate in a prime location. Tariffs are just part of the transaction, a way to level the playing field. So let’s stop overcomplicating it. This is business 101: If you want to play in the big leagues, you pay the price of admission.
It is always other countries’ problems, not yours. What a pathetic joke! The world is not just US.
You're right!!! US population is a tiny 0,04% of the global population
Yes it is . Watcha talking bout . Willis
we are the largest consumer country in the world by a large margin... therfore the world needs the USA more than we need them 💯🇺🇲
@@patricelafreniere7835 And yet, they are trying to exert their power on the whole world.
@@verar5844Because we have an exceptionally strong economic recovery going in place. Listen to these people who are trying to educate you and try not so hard to be dumb.
Raising tariffs to cut taxes basically means switching from an income tax to a sales tax, something that hurts the poor and helps the rich
Yeeeuuuup but the knuckle dragging trump supporters just keep cheering for their demise.
Let’s see now. We have 20 million illegals that don’t pay any federal taxes and get free food, medical care, schooling, a lot of them are getting low cost or free housing. I am for them paying something. Get rid of the IRS and make the bastards pay.
dosent that mean they also make more money
The way I see it is not rich vs poor... It changes from an income tax which you have to pay no matter what vs a consumer tax where you can chose to consume less and save money
@@GuillaumeRouleau I see you've been hood winked too.
Not even a 5 year old child believes them
A lot of viewers unfortunately appear to have the IQ of a 3 year old.
No but children don't vote.
MAGA people do.
And they believe this sith.
🇨🇦🇨🇦 BUY CANADIAN 🇨🇦🇨🇦
Before I even start playing this clip I'm thinking, how will they spin this😂
hehe thats why i came here
That's the only reason I'm watching this. 😂 These people are so delusional. It will take at least a decade to establish our own manufacturing plants to replace the things we will be spending up to a 50% increase on.
Same @@MissionMelissa
Larry I fail to see how charging Americans 25% more for anything is good for their wallets please explain
He won’t try to explain it because Fox will fire him. He’s another fake business editor who failed basic economics. This will escalate into a global trade war and no one will win.
He is running propaganda for Trump. Tariffs are inflationary.
Because he has been told to say that. All Fox hosts are MAGA puppets.
He'll need a few drinks to explain that.
When the US imposes tariffs on imports, US businesses directly pay the import taxes to the US government on their purchases from abroad.
Donald Trump wrote the following on Truth Social today: "“Will there be some pain? Yes, maybe (and maybe not!) But we will Make America Great Again, and it will all be worth the price that must be paid."
When Trump says "we", he means REGULAR American, Canadian, and Mexican people. Tariff money will make HIM and his CRONIES rich. Pain for you, comfort for me. Dictator energy.🙄
“ I don’t care about you I just want your vote! “
- Donald Trump Nevada rally 2024
It sounds like Putin when he sends soldiers to the meat grinder in Ukraine....
What about all the cocaine coming in to Canada from the US. We just stopped 180 kg of cocaine coming in from the states. 1000 of illegal guns come into Canada from the USA ever year.
Yes, that is what Canada should be doing. Trump said to protect the border from drugs, illegal people and guns. That is what Canada should be doing so why is everyone pissed off because Trump told them to do what they should be doing.
385 kgs of coke busted coming into Ontario from USA. Americans need to stop the flow of drugs sent through the states into Canada.
@@owenprince4823 Because it is a stupid rationale for billions in tariffs with your closest trading partner. That is why everyone is pissed off. Tariffs have nothing to do with border security, and with respect to Canada, the US is the worse violator yet trump is the one initiating the tariff war.
@@owenprince4823 fukDJT, from Canada.
You never hear about the pedophiles they keep arresting here in Colombia 🇨🇴. Along with the ones they stop from entering the country.
And China's tariff is only 10 percent? No this ain't right.
That is on top of a 15 to 18% tariff from Bidens administration.
@@galewosten2010
Biden had no tariffs!😂😂😂😂😂
Those were Trump tariffs that biden kept.
🤪😂🤣
How can you really lump Canada in with China??? It also has to do a lot with Apple and Tesla being 100% made in China. It's a gift to the Oligarchs
@gwbuilder5779 he kept some but raised some. Biden placed tariffs every year, especially in tech wafers and batteries.
Just watch, the Biden tariffs will be what the media blames the upcoming inflation on. You will be forced to admit Biden placed tariffs then.
It's because a larger tariff on China will hurt Musk.
Ask ChatGPT or an *educated friend* how this will affect us, American citizens. This is the MAGA you voted for.
It is easier to fool someone, than convince them that they have been fooled. - Mark Twain
If you are using ChatGPT without the benefit of primary and secondary sources, that is incredibly reckless.
Canada is already speaking to the EU as a new leading trading partner.
Because of the distance from Europe shipping anything from canada will he very expensive and things are going to be much tougher for canada than it looks
Good luck
Good. Let's see how they respond when we stop funding 70% of NATO. Then watch the "best healthcare in the world" get real expensive when they have to shift that money to build their own militaries capable of stopping Vladdy and his hypersonic nookss. fafo good luck homies.
Good. Let's see how they respond when we stop funding 70% of their D-fence. Then watch the "best healthcare in the world" get real expensive when they have to shift that money to build their own mili tary capable of stopping Vladdy and his hypersonic newks. Fork Around Find Out. good luck homies.
Good. Let's see how they respond when we stop funding 70% of NATO. Then watch the "best healthcare in the world" get real expensive when they have to shift that money to build their own militaries capable of stopping Vladdy and his hypersonic nookss. F A F O good luck homies.
If tariffs will ramp up your domestic manufacturing Cuba would be very rich now. Obviously that's not how things work
if Cuba consumed as much as the USA, then it would... doesn't work if people can't buy what other countries want to sell... obviously 🤦♂️
seriously, how can you be so uneducated on the subject to believe this
Cuba is a dictatorship so nothing can fix or solve that. Communism is the number one thing that will keep those people poor. Tariffs will not make any difference for the people in a communist state. The USA is a Repbulic and not communist. Canada should be one of the riches countries in the world but is poor because it is a communist country. They will lie and claim it is a democracy but that is a lie. If it was a Republic every citizen in Alberta would be millionaires. 90% of the wealth is taken out by the few at the top in a communist country.
Cuba isn't an industrialized superpower that controls the world economy.
🤣
Did not thinik it was possible to make our greatest kindest and most peaceful ally Canada hate us but it took Trump less than 1 day in office to ruin this relationship.
Yes bc every terrorist harboring and American hating nations luuuuuved this country under Biden
Not just Canada. There are rumblings globally. Not good! Protectionism in a global economy doesn’t work.
My feelings are so mixed on all this, but as a Canadian that supported Trump, I feel let down. His talk of a 51st state makes him sounds stupid, not smart. Canada is not one State, it's really 10 States in one, and we all have a hard time getting along as is.
Less then a day and you are right, the 200 year friendship is over. Was nice knowing ya, bye!
You must support Trudeau. His policies are the cause for the tariff
Gangster diplomacy
Even Gangsters are smarter than Donvict Trump.
DJT is a scumbag,,,,all balls - no brain.
@@BryanMarino-to5ph You act like you are much smarter that Trump but he is the President of the USA and you are a nobody moron so your comment will only entertain yourself.
@@BryanMarino-to5ph The smarter ones are hiding behind his back.
Even gangster don’t take out their top suppliers, let alone their top customers. And when they do, the downfall begins.
China is sneaking cars across the Mexican border???? How drunk is this guy?
No, not drunk; they 1st import the cars in powder & then add water to the powder when ready to go to work in the morning. Ask Elon! 🤣
So effectively, Trumps tariffs will cause lots of carnage and job losses.
Since the tariffs will be paid by the American consumer, they should be looked at as a tax on the portion of the population which is strained by price incrreases so that tax cuts can be made for the portion of the population that is already NOT paying its fair share. It is sad to hear the expectation of tax cuts, which massively disproportionately benefit the wealthy, get talked about so casually when the inequalities in wealth distribution keep expanding and are not part of the regular discourse.
You sound like a communist who wants equality in wealth distribution by the state. If you want that you should go to a country that has universal basic income. You will find that you will hate that very fast. Communist love communism until they have to live under communism.
@@owenprince4823🤡
Yes, I agree that taxes need to be added to the rich!! Whith the tax laws and loopholes the rich pay no taxes!! Fox propaganda is promoting lies!!!
It's hard to gain traction with that sort of rational thinking when the average Trump voter thinks that other countries pay the tariffs.
MAGA people can't read, let alone understand basic economics. All they want is to kneel and serve their master.
Tariffs are flat taxes, meaning that as a percentage of your income, the poor will pay more while the rich will pay less. This is how trump is raising money after the big tax cuts to the wealthy.
Exactly 👍
I just ordered 2 tons of popcorn. Not sure if it will last 4 years - Good luck with the orange clown...
To my American friends, think about this logically. Larry said the tariffs would raise $500 billion… which could be used for tax breaks.
The part he’s not saying is that this is essentially a tax on the American people so he’s raising $500 billion from everyone to pass a $500 billion tax break…
Also, y’all don’t have heavy crude (or very little), convenient he left that out
The crude oil from Canada is immune from the latest tariff FYI (White House confirmed this yesterday)
@@DMAN-ey1nb Who is reporting this? The fact that we even need to be playing this game of telephone to actually understand policy decision is problematic in itself. WH told nobody about freeze on entitlements and look at how that turned out. Must be DEI's fault, somehow. Terrible communication from this administration, right out of the gate
Exactly, and these folks think this administration is just going to hand the working class a tax cut????!!! 😂😂😂
@@chaunceymattei5049Yes this administration will once again give the working class tax breaks. And Canada is run by the left currently and the left is the enemy of the USA period.
The tariffs are a punishing tax on American small businesses. US manufacturers do not supply a huge number of parts and components. Big corporations have the means and capital to buy elsewhere or raise prices and take a profit hit. But small businesses with no American alternative to foreign parts will lose a ton of money to the government in tariffs and a ton of businesses to big-box when they raise prices. Trump and his billionaire buddies want to finish off Main Street to consolidate their corporations, and this is where it starts.
Tariff the poor! Then give tax breaken to the ultra rich!/MAGA
"You idiot! the billionaires NEED MORE MONEY so that the GDP go up!" - idiot Maga Peasants who think they are future CEOs
Yeah poor dummies who voted for him will find out but still blame others
Why didn't the D's tax the ultra rich? They had control of all 3 branches multiple times. What were your glorious leaders waiting for, the right moment to strike? It's almost like they were just using that on you every, single, time. I'm joking though. I'm sure NEXT time they'll really do it.
Who voted for Trump while whining about high grocery prices. LOL
have the MAGA/those who voted for Trump realized this yet?
They wont be short term dislocations. An enormous amount of US refineries are specifically tooled to receive heavy Canadian crude. NOT US SHALE. You can't just retool those refineries in a couple months. This WILL hurt the US since they already buy 60% of all their crude oil imports from Canada at a heavily discounted price, which they then process and sell for double. The tariff policy against Canada (the US's number 1 export market) is the dumbest and most pointless policy we have seen in decades.
And all the idiots chanting drill baby drill don't even know we can't refine the oil he have here in the US.
These Fox business guys have good high paying jobs that will not be affected by tariffs. Your life, your job, your household income will be. Boy, will it. These people don’t care for you. They don’t care. I am sorry for the pain heading your way.
Tariffs will help US pay its debt by collecting 25% tariffs and passing the increased cost to their own consumer. Life will get expensive to the Americans.
And the world will start shopping somewhere else…easy enough……enjoy 30 dollar eggs duma$$e$
But liar Don campaigned on lower grocery prices! Go figure…he lied again and again and again and again and again…sponsored by Fox fake news
and wealth will continue to concentrate in the few rich folk on his panel. wild
Thanks to Trumps stupidity
Its going to get very expensive. Trump sucks
If the Tarrifs are boosting revenues they arnt making jobs in America just taxing consumers.
These guys want consumption taxes to reduce income taxes. They have higher incomes.
Also, you are ruining long standing relationships. I am a 40 year old high income earner I'm Canada. My family is boycotting as best as we can any American products. I will continue to do so indefinitely. All my family and friends are the same
@@TimBee100yes, it's called a regressive tax. They don't care about you
Let me break it down for you. Tariffs cause short-term price shifts, but over the long term, they encourage companies to bring manufacturing back to America, since the taxes on domestic production would ultimately be lower than the cost of tariffs. That’s when jobs start coming back.
Trump has floated the idea of eliminating federal income taxes, and I think these two moves-raising tariffs and cutting income taxes-work together. The key is that he needs to act fast while he still has a majority.
The media loves to stir up fear about tariffs, but they often miss the most important point: we are the largest economy in the world. Other countries depend on us to buy their goods. We drive global demand. So, no, tariffs aren’t the disaster they’re made out to be.
Trump has a global business perspective that most politicians don’t. He knows how the world works in ways they don’t. Let him use that understanding to create a stronger, safer future for all of us-one that ensures prosperity and protects our freedoms for generations to come.
@@maximilianadair3237as a naturalized American I think you are doing the right thing, I’d do the same. What a shame
25% on your best friend in the world and 10% on your biggest enemy what does that say about America
It means America will prevail from this. Tariffs work because the jobs will come back to America.
Jobs come back to America? Wishful thinking. They’ll move to where ever people will work for pennies.
Well put
@@jakearsenta2144why hasnt it worked in Cuba or North Korea.
Athough it has worked. Cuba has 100 percent cuban jobs, same for N korea.
Why hasnt it worked at making them wealthy?
@@jakearsenta2144 US dollar is already 10 or 15 years high compare to Europe-Canada-Australia currency, meaning that everything made in USA as of now is already quite expensive. If US wants to get rid of cheap oil coming from Canada, let it be, pay for your own oil, which will be much more expensive than Canadian one.
Morons. The US doesn't produce the hvy oil needed for a lot of US refineries. Increasing US light crude oil production just means the US exporting more light oil into an already glutted light oil market.
Not even your viewers are buying this 😂. Trump said things would be cheaper. Everything will be more expensive for everyone regardless of who you voted for.
Great , trump really deserve the Nobel prize as he United all world against America 😅😂😂
Apparently some people commenting don't understand how these tariffs are gonna work smh
They are the same people that skimmed through high school and have an 8th grade level education in math and English 😂
Do you?? Because your about to pay big time
@@yor373 go educate yourself before you respond with a asinine response
@mikewatson5254 the American people will pay the price. We the American people will be impacted the poor, lower and middle class suffer. The rich can weather the price hike.
A lot of them are not from the USA some are from the same countries that are facing Tariffs
Prices are going up, not down. It's not what Trump promised us for the past two years now is it?!
What these 3 don't know is that the EU is already negotiating to buy Canadian oil. So in the end Canada will survive this war. The US common people will suffer.
Exactly 👍
Not that simple. Eastern Canadian provinces like Ontario and Quebec have been blocking alberta from building new pipeline to access the east coast, which then makes vast majority of Canadian oil landlocked that can only be sold to the US.
What you don’t understand is 3 million barrels of Canadian oil is directly shipped via pipeline across the US/Canada border everyday. For the most part, exporting Canadian oil goes through Texas or to Vancouver to get on a ship. Vancouver is on the wrong side of the planet to ship to Europe. Canada doesn’t have enough export capacity at its ports to move more than a small fraction of 3 million barrels daily.
Also most Canadian oil can’t be exported to Europe because they don’t have refineries that can process the heavier oil anyway.
The refineries in places like Illinois can only refine heavy oil. They can’t process most US oil without billions of dollars and years of reconfiguration. So the Midwest’s choice for 3 million barrels a day is Canada or … Venezuela? That doesn’t sound like a choice that makes America safer.
These supply chains are hand-in-glove. It will take years and be very expensive to decouple.
This is what the American people voted for. 😢
Tariffs are import tax, import tax that consumers pay, Americans. After they say cut tax 😆🤣
You do not understand taxes
@@owenprince4823seems you don’t understand tariffs. Businesses will have to pass this increase on to protect margins. Watch what inflation does ⬆️⬆️⬆️⬆️
These tariffs are similar to sales taxes. The poor spend most of their income on things which will cost more. Rich people keep their money in the bank or investments instead of spending it on food and shelter.
This is a tax which affects the poor more.
Actually the poor live off the government programs that aren't taxed and give them no incentive to get a job
The rich can profit from tariffs. If they own the companies that are paying the tariffs, guaranteed they are passing those costs on to the consumer. As to what the rich purchase, they have so much money, they won't care about the increase in costs to them.
The rich that invest will gain as well. Stocks will go up for a while. Until the house of cards collapses and a recession hits. That's my biggest fear. I'm retired and living on a limited amount of investments and I'm not liking the looks of things for the long term.
Still will cost less than how much I pay in income taxes each year
@gavinpersuhn5354 but it will effectively be added to your income tax.
@@gavinpersuhn5354no it won’t
clueless republicans
You talking like we were so much better off the last 4 years under Biden and the Dems
Clueless...is that close to ignorant?
@@sengvang3718 We literally where, 3 weeks in and planes are falling out of the sky and eggs are 8 dollars now. And twitter is now Elons website where only Elon can talk. Also whatever happened to no taxes on tips??? Weird tha the didnt just do that on the first day🤔🤔🤡🤡
Yup
@@sengvang3718 And this is better?
China and Canada, impose 100% tariff on Tesla EVs to make Elon's day😂
Blunt across the board tarrifs are a tax on consumers it's just a basic fact of economics
Some people must be smoking some real good stuff. The real issue has nothing to do with being Pro or Anti Trump. The real issue is that Tariff is simply a Tax on the consumers of any country that imposes Tariff....!!!...Yes, the government collects the 25 percent from Tariff. But that simply means the cost of the product will be 25 percent higher for the American consumers...!!!..So, the American citizens are being taxed 25 percent more for the imported products...!!!.
The Oligarchs, Billionaires, millionaires and the global elite won 🎉 poor and working class Americans lost 😂
You understand nothing
how much is the price of a fox "news" anchor and is it worth being a traitor to your country?
Tariffs and Trump are the same. They are both losers.
braindead demRAT loser
😂😂😂😂😂😂
Wow, these guys in the studio is playing the piano on the Titanic
Haha! Accurate.
Our deepest sympathies go out to our southern neighbours. We did not expect to witness in our lifetime the decline and fall of the American Empire. Similar to Roman, all empires fade. However, your time of greatest was so short-lived. RIP.
Trump made the last agreement with Canada 🇨🇦 why didn't he do something 5 yrs ago . Idiot !!!! We Canadians will stand up to a bully .
We hate Canada
bowels biden?😂
Lmfao history has shown that you Canadians have never stood up to anyone but always relied on being bailed out of your problems
Canadians could not stand up to trudeau. For 9 years Canadians have let trudeau destroying canada. What can Canadians really do to stand up to trump. That's right nothing.
Because Trump wasn’t president the last 4. Otherwise your economy, and government wouldn’t be falling apart as it stands now. Wait until those tariffs hit Canada. Canada will cease to exist
😂🇩🇰 Tarifs is a suicide attack on the US. Forget about european driving Tesla. We will receive Chinese cheap EV's and they will have cheap windmills in return
clueless, you do not understand anything about taxes, tariffs or business. You should leave that to Trump because he has that right.
@@owenprince4823 You just keep going,......(don't stop the enemy when he's making a mistake)..
Claudia is stumbling and mumbling. Tariffs are not helpful.
I've seen searching hard on fox news and no one from fox is talking about the campaign promise that trump made to get the prices down on Groceries. He even said he was the first to start using the word for emphasis.
Well price's are higher and predicted to go even higher. Rich people with high taxes can afford to pay the cost, but the rest will suffer. Trump so far has failed on a major campaign promise.
Tariff is a consumption tax on all consumers, tax cut is for rich.
You do not understand taxes at all.
Some of the dumbest rhetoric I've heard. Raise a 10 percent baseline tariff (tax) so you can lower taxes . lol
Lol
He's talking consumption tax vs income tax. Ruch people prefer consumption taxes.
His rich buddies like this.
This is actually an amazing setup for the rich. The highest earners pay the highest income taxes so by replacing with tariffs these people save a lot and the poorest people who don’t have any/much income taxes get hit with higher prices.
Sorry Canadian98 but this is not dumb at all. The dumbest thing that has ever been said was by Justin Trudeau. He said that by putting a carbon tax on all of Canada it would make Canada rich. Canada has the lowest number of people, and the least pollution of any country but the highest carbon tax of any country. Why should 25 million Canadians pay the most for world pollution than the other 7 billion people in the world who cause pollution.? No one cent of what is taken for carbon tax will make any difference to world pollution so the scam is to take all those billions for Canada to keep you all poor and the scammers rich. You are so clueless of your own country you do not even know that you live in a Communist country. Try reading your Trudeau communist constitution that is clear you do not have a right to own land in Canada as it all belong to the Government. That is communism NOT democracy. That is why you are not allowed to protest. Those who protested are all in prison. Educate yourself because you do not understand taxes. In Canada you pay about 80% of your income in taxes. You must add up all taxes you pay. property tax is and income tax because you can only pay it from your income. Trump may be able to delete the income tax to zero in the US by using a tariff. I bet you would like to have zero income tax instead of 80%. most people would.
This could be bad for the U.S on top of higher prices. there could be a world wide boycott of American goods and sevices, if trump keeps threatening other countries and putting tariffs on his allies
Watch , will never happen . All hot air
Your faith in the fat turd is ultra maga sorry @@MrNorris121
@ its actually already happening in Canada. There has been a 30% reduction in used US goods for Canadian consumers. People are upset. This isnt just or fair what Trump is doing. This is threatening peoples and their families lives. Canadians give their lives to help the US with THEIR wars.
@@MrNorris121 what wont happen?
@@MrNorris121 I stood down as top R senatorial investigator because of the plan to have civil unrest and Russia China nk nuclear strike as the world applauds . 2014 . They gave us Joe for a bad taste now play the trump card . This is why I've been persecuted for speaking on . Ever hear of me my name is Eric Sebastian Briggs, . I authored the Davis hemp bill forcing federal legalization of CBD hemp.
Maybe Kudlow should talk to refiners about substituting US crude for Canadian heavy crude. To put it in terms more people can understand - it's like taking a diesel engine and making it run on gasoline. If it was cheaper to run US crude in their refineries they would have done this decades ago. Think about that.
The sell there crude at a 20$ a barrel profit to other countries compared to the heavy oil they get. Do you know who thinks this is a terrible idea? US refineries and oil companies.
That is because America has been ripping off Canada for centuries and now wants to force us to become the 51st state? It ain't gonna happen.
In theory yes, but it isn’t ever going to happen. Those heavy crude refineries were built in the 1980s. The shale oil boom which is light crude started showing up in the 2010s and has had a bust as well. Oil companies will not spend billions and years to build light sweet crude refineries. Canada did invest and now they charge us to process our light crude. The margins for shale aren’t great since fracking is expensive and wells are short lived.
The rest of the world is switching to EVs and dumping oil while there is demand still.
Bottom line is that state sponsored oil companies made investments in refineries and green energy while corporations lined their pockets by not building factories and relied on cheap imports. America made a ton of money but none of it was invested back into the US so now we are crumbling.
Tariffs will not work. What we should be doing is buying up foreign companies who have built factories and mine resources while we have economic power..
@@davlee1972 Economic power by hitting your neighbours with 25% tariffs using border issues as a excuse to bargain a better deal for Americans? This grand plan by Trump is going to explode in your faces, America. Inflation will increase and the stock market decrease while your neighbours will get stronger not from co-operation but from animosity.
Bananas and cocaine are about to go through the roof! 📈
Really sucks for people that snort their cocaine off banana
Tariffs on foreign goods means increase in prices on local goods. Good luck affording enough toilet paper.
They have no clue how this works. They are unreal .
Kudlow, the fool who was bullish in 2007. All those billion will come directly from consumers. The outcome is baked into the cake. High inflation welcome back.
Something else to blame on Biden.
High inflation never left DMFKR
@@rodtang6581 The inflation is down now, but prices haven’t gone down.
How are you going to get inflation with reduced global trade? Disinflation/deflation and recession incoming.
Chief exports from Canada to the US:
1) Petroleum - we don't use any of that right MAGA.
2) Cars - we don't need those either since we have no need for Petroleum.
3) Lumber - who the heck uses lumber?
4) Canada is one of the largest exporters of energy to the US - we never use any of that, right?
Chief exports from Mexico to the US:
1) Cars - Oops, there's those darn cars again that we don't need.
2) Computers - well I have my abacus and the local library, so all is covered there.
3) Oil - there's that darn oil again. We already determined we don't use that.
How about you MAGA, do you see any potential issues? I bet you don't. And this doesn't even take into consideration CHINA.
Remember, you voted for this!
What a dopey leftist that voted for the cackling hyena, do your research before banging on your keyboard.
We do not need Canadian cars. We do not need your oil because our regulations have been removed. The US has plenty of its own oil.
Don’t forget Potash! Required to grow food.
Bryan you need a lesson in basic comprehension of simple fact and terms. Alberta worked out a deal with Trump because that is what Trump does. He makes deals. There will be no tariff on oil from Alberta so NO change. There will be new pipe lines from Alberta to the USA so the flow will double because Trump makes deals that are better for the USA. The cars from Canada are junk. They just lost 3000 jobs from Canada making crap cars and moved them to the USA . That is 3000 jobs the first week Trump was in office. The second week there were another 3000 jobs moved from Quebec to the USA from Amazon. Computers do not come from Canada. Canada does not make anything. They only sell resources to other countries. I hope this helps you understand how little you know about anything.
Here's comes superbowl with $2,50 chips and $10 avocados yeah make sense, idiots,
What is Trump doing about the high demand for drugs in America? What is Trump doing about the flow of weapons into Canada and the Americas?
You mean what is he doing about his own government supplying the cartels in Mexico 😂😂😂😂😂
ZERO He doesn't care about things like that. How can Elon and trump make money on that? In fact it gets rid of unproductive people. That's what he loved about Covid.
" Canada's pathetic contribution to NATO " ? Canada leads and is the major element in the Multi-National Battle Group on Latvia. HMCS Shiwinigan , HMCS Glace Bay and HMCS Charlottetown are all operating under NATO in the Baltic Sea. Since 2015 Canada has trained 44,000 Ukrainian soldiers. Canadian aircraft are supporting the airlift in Europe. ( not to mention UN commitments across Africa and the Middle East ). What this guy really means is Canada isn't buying enough US military equipment .
No pathetic Canada is not paying their NATO share of 2%. Which Trump will be raising the percentage to 5%. If they can’t pay bye bye 👋 Canada. No protection. Guess who runs, and financially supports NATO? That’s right the U. S
Does anyone really believe that producers/vendors of goods not from these counties aren't going to ramp up their prices to just below the tarriffed ones? 5% or so below would be fine. Then they can make massive profits. They did that before. And once those prices are up, they will not come back down.
Whoa, careful with the rational thinking there, pal.
@monkeytime9851 You are correct and this has happened in the past. All boats rise with the tide.
I’m beginning to think this Trump guy isn’t that smart
By 2029 US goes back to 1929
He's doing what he said
True
Trump will back down.Weakened on oil and power.
ruining and weakening America quickly?
He will back down . Weak on oil and electricity already.
Ending wars in 24 hours ...or making new ones?
How does alienating all your important Allie’s and trading partners put ‘America first’ ? Putting America first means supporting your companies both domestically and abroad so they can deliver results for shareholders and jobs for the American people… we need Allie’s to invest in the U.S. and we need to make investments globally to secure our supply chain and expand into new markets. That’s America First …
Impeach trump!
Dur
Send that to your elected officials, and don't stop, and spread the word . List the Officials names and contact info.
Impeach trudeau first
If you ever feel useless
Just remember that it took the US 4 presidents, Trillions of dollars, thousands of lives, and 20 years to replace the Taliban with Taliban 😂
Well if you don’t like Mexico why are all your people vacationing there??? Canadians are already coming together to not vacation in your country or buy your products
It's shocking how many US Govt officials don't fully understand tariffs , the US consumer will be paying for these tariffs... what part of that do US Govt not understand.
Tariffs could actually accelerate BRICS
Trump first instead of America first. Collect tariffs money from America people consumers for saving his own job.
Many here in Canada are pissed. He treat our prime minister of gouverner. For the long terme, Canada will make more business with other countries instead of usa
Join BRICS!
youve been undercutting us, and letting our citizens die. blame yourselves
Good luck
Any translation available ?
You voted for blackface Trudeau..lol.
Real leader there.
Smh.
Goodbye
Smoke and Mirrors - US importers pay the tariffs to the government and pass the cost on to US consumers. Government MIGHT use the revenues to fund tax cuts. Assuming the tax cuts go to individuals (not just corporations) - the taxpayer pays for their own tax cut. this doesn't even include the cost to the taxpayer of retaliatory tariffs from Canada and Mexico. It's a con.
Nice work, you've just destroyed American manufacturing! Where do you think the raw materials come from to make product? Not from the US
It's like watching Wili Coyote drop an anvil on the road runner.....only to have it hit himself. That's what the tariffs are.
God help us! It is a national security threat. Donald Trump has also been a national security threat. How stupid is Kudlow.
he may not be the pres you needed however, he is the president that was elected by the people. you get the government you elect and at this point rightfully deserve.
Are we winning yet?😂😂😅
Tariffs are a tax on Americans
Rubbish. If it were a blanket tax on everything imported and domestically produced (like Biden's inflation), that might be the case. All this means is that the countries being tariffed will have a harder time competing with domestically made and other imported products. Domestic consumers can choose what they buy.
ITS A TAX ON AMERICANS!
Last time they were used to bail out the farmers. Lost huge markets - still haven't recovered. Grassley - let's give them some time. It's only families and people's lives. iowa nice.
Cause they won't. His supporters are delusional and don't realize this will come back to bite them.
You're right .slave labor is best for cheap prices for all.
Sorry not buying it.
You are a Low IQ democrat who is not able to understand that the USA is a Republic and Not a democracy. If you understood that you would be a Trump supporter.
Trump made it clear this would happen and voters chose him anyway. Just to own the Libs. It's pathetic
Delusional are the Leftists who said Biden was cognitive rhe last 4 years. Maybe don't talk about delusion when yall were proping up a dementia patient.
This is pure dilusion.
Fill up that cup of coffee or whatever you’re drinking, Meidas Mighty. The way things are going, who knows if we will even have coffee in America soon. I wish I were joking. Things are escalating quickly, including Trump’s descent into total madness. The orange blob of hate is decaying at a rapid speed.
The faces of these news anchors they don't believe a word they are speaking their loyalty will be Americas demise. Smart people are turning dumb just to please Trump😂😂😂😂😂
The tariffs imposed by Trump will affect the US economy negatively, however, you should really be counting on some equally brutal counter measures from these countries. They are not just going to take this without a imposing equally destructive measures on the US.
Every report indicates that other countries are going to strike back especially hard at products from red states.
Interesting times ahead to be sure.
So, no avocados and maple syrup? Ok.
@@Clickbait540 Those will cost more but try adding at least 30 cents per gallon on the price of your gasoline which will in turn raise the cost of everything shipped.
Counter measures will be on products that the US exports to those countries. Hundreds of billions in tariffs on US products, just like Trump did to them.
@@Clickbait540no oil you mean.
@@Clickbait540 Look around your house and check how much of your stuff was made in China
These people are delusional 😂😂😂😂
I live in America and I don’t even know who is the vice president lmao
Lookslike Larry found Hegseths secret stash.
America first = America Alone
This policy is a short-sighted approach with disastrous consequences for ordinary people, particularly in the U.S., where the true burden falls. Tariffs are paid by importers, not exporters, resulting in increased prices for essential goods and services, which directly affect household budgets. Businesses relying on imported materials face higher costs, leading to layoffs or closures, further straining the economy. While some cheered Trump’s decisions, they will soon face the harsh reality of skyrocketing prices, job losses, and a diminished standard of living as these tariffs ripple through supply chains. The supposed benefits are overshadowed by the heavy toll on average Americans who shoulder the economic fallout.
America will be great again, as in 19th century.
TPITEOTG: Exactly. Everybody will be living in little houses on the prairies where families produce everything and sell to each other.
Make America Great depression Again
Divided states of embarrassment.
Great. Let's go back to a 40 year life expectancy. Polio.
consumers pay the tax cuts for billionaires.
They don’t even talk about tariffs in their main channel cause of how stupid it is. You guys are unhinged.
3 stooges talking here. Nothing more needs to be said!
You transfer the thing you hate in yourself onto others so claim these are stooges. This shows a lot more about you than it does about them. You lack of ability to understand the concepts they are talking about is the proof of your low IQ.