He is a freaking idiot. The export country does not pay the tariff, the receiving country pays it then it is passed on the public. He is not punishing the export country; he is punishing the American consumer.
False. It is a voluntary tax paid to the government by the importer. Tariffs serve 3 purposes. Prevent product dumping to gain market share at a loss, encourage on-shoring, deterrent for companies not to push manufacturing overseas.
I could see how it could work if he didn't go after every country at once. Canada and Mexico are going to squeeze us until we pop. Canada gives the northeast part of our country a lot of power and our country gets lumber. We are going to need fruit and vegetables from Mexico since it's not going to get picked by anyone here anytime soon. Anyone that says we are powerful enough to tariff all these countries at once are just parroting things they heard from Fox and trump speeches. He is also devaluing the dollar with all these coin schemes idk how they think that's going to help
This man is beyond stupid af. Companies have already said they will not build plants in America they dont pay the tariffs the importers pay them that means us consumers pay. We are beyond screwed for the next 4 years
The Chips and Science Act from the previous administration kicked off the production of plants in the US. The problem is that it will take maybe a decade before we can produce them at a rate that matters. We shouldn't tariff our main source in the meantime. Trump definitely does not know what he's doing. I don't even think he realizes what "bringing chips jobs back to the US" even means or how bringing these jobs back actually started under Biden.
I hope prices skyrocket for the average American and folks lose their jobs. MAGA need to see the consequences of their vote, specifically the type that they care most about, THEMSELVES! Until then, these idiots will continue to be manipulated like innocent children. Unfortunately we’ll have to suffer through this with them.
I will be forever thankful 🙏 to Mr Matthew for his amazing performance and dedication, he is just too good in trading, he has proven to me he skills in trading thanks very much Mr Matthew🎉🎉❤❤
These tariffs are supposedly about bringing manufacturing to the US, but TSMC already had a US plant under construction, with another one planned before Trump was elected. What an absolute moron.
Tariffs serve 3 purposes. Prevent product dumping to gain market share at a loss, encourage on-shoring, deterrent for companies not to push manufacturing overseas. The morons were presidents like Clintom signing NAFTA, Bush allowing China into WTO, etc.
Trump is such an idiot. I’m guessing by the end of his presidency he’ll have sold Taiwan to China so that they can have complete control over semiconductors, dominance in AI, and make the US a 3rd world country.
@@junicornplays980 Yes, but Trump will most likely sell our country out and allow China to take over Taiwan, which will solidify their dominance in AI.
Don't let prejudice and arrogance blinds you. Tariff is not panacea, that's why many countries seek tariff-free agreement on specific procucts. Because reduce tariff can lower price and increase sells. A responsible President should find ways to lower the cost of American companies, not increase the cost. Though the American market is important, there is still other countries. If America increases tariff but other countries like European or Asian, African does not. The TSMC can increase price for American buyers while reduce price for other countries, then the American companies will be fail to compete with other companies and the inflation will
@@junicornplays980 goes both ways really, TSMC doesn’t design chips; they manufacture chips for companies that design their own semiconductors. The gov has total jurisdiction of their own ips, TSMC would go bankrupted without american major players. Samsung is the real winner here
@@DejectedCat Actually in 1913 (1st year National Fed income tax), we DID have paved roads, fire depts, military had planes/trucks, belt-fed water-cooled machine guns.
He is a freaking idiot. The export country does not pay the tariff, the receiving country pays it then it is passed on the public. He is not punishing the export country; he is punishing the American consumer.
Kinda like my ex
maybe, that is what us citizens deserved. But that is terrible for both us and foreign economics 100%.
False. It is a voluntary tax paid to the government by the importer. Tariffs serve 3 purposes. Prevent product dumping to gain market share at a loss, encourage on-shoring, deterrent for companies not to push manufacturing overseas.
I could see how it could work if he didn't go after every country at once. Canada and Mexico are going to squeeze us until we pop. Canada gives the northeast part of our country a lot of power and our country gets lumber. We are going to need fruit and vegetables from Mexico since it's not going to get picked by anyone here anytime soon. Anyone that says we are powerful enough to tariff all these countries at once are just parroting things they heard from Fox and trump speeches. He is also devaluing the dollar with all these coin schemes idk how they think that's going to help
Explain why other countries are terrified of the tariffs then. You are mistaken.
This man is beyond stupid af. Companies have already said they will not build plants in America they dont pay the tariffs the importers pay them that means us consumers pay. We are beyond screwed for the next 4 years
The Chips and Science Act from the previous administration kicked off the production of plants in the US. The problem is that it will take maybe a decade before we can produce them at a rate that matters.
We shouldn't tariff our main source in the meantime. Trump definitely does not know what he's doing. I don't even think he realizes what "bringing chips jobs back to the US" even means or how bringing these jobs back actually started under Biden.
I hope prices skyrocket for the average American and folks lose their jobs. MAGA need to see the consequences of their vote, specifically the type that they care most about, THEMSELVES! Until then, these idiots will continue to be manipulated like innocent children. Unfortunately we’ll have to suffer through this with them.
So the prises of insulin will be even higher in USA.
All costs going up and the quality of everything going down. Thanks, MAGA.
I will be forever thankful 🙏 to Mr Matthew for his amazing performance and dedication, he is just too good in trading, he has proven to me he skills in trading thanks very much Mr Matthew🎉🎉❤❤
How can one recognize a reliable professional trader since it is hard to
find genuine traders nowadays?
he communicates via telegram
HE IS MOSTLY ON TE LEGRAM
@Matthewdtrader ✊🤙✍
Please write to him only on his verified account✊
These tariffs are supposedly about bringing manufacturing to the US, but TSMC already had a US plant under construction, with another one planned before Trump was elected.
What an absolute moron.
Correction: The second is underway and a third is planned.
Tariffs serve 3 purposes. Prevent product dumping to gain market share at a loss, encourage on-shoring, deterrent for companies not to push manufacturing overseas. The morons were presidents like Clintom signing NAFTA, Bush allowing China into WTO, etc.
Trump is such an idiot. I’m guessing by the end of his presidency he’ll have sold Taiwan to China so that they can have complete control over semiconductors, dominance in AI, and make the US a 3rd world country.
And those will take years to be operational, so we really need those chips coming from Taiwan.
@@junicornplays980 Yes, but Trump will most likely sell our country out and allow China to take over Taiwan, which will solidify their dominance in AI.
Don't let prejudice and arrogance blinds you.
Tariff is not panacea, that's why many countries seek tariff-free agreement on specific procucts. Because reduce tariff can lower price and increase sells. A responsible President should find ways to lower the cost of American companies, not increase the cost.
Though the American market is important, there is still other countries. If America increases tariff but other countries like European or Asian, African does not. The TSMC can increase price for American buyers while reduce price for other countries, then the American companies will be fail to compete with other companies and the inflation will
This policy is not smart. If USA did this, I would SUGGEST Taiwan selling more chips to China.🎉🎉🎉
They arent allowed to since the USA dictates who they are allowed to do business with
@@ftu2021 But by doing this we are telling Taiwan that we don't want their business.
@@junicornplays980 goes both ways really, TSMC doesn’t design chips; they manufacture chips for companies that design their own semiconductors. The gov has total jurisdiction of their own ips, TSMC would go bankrupted without american major players. Samsung is the real winner here
I told you so
#6 day or is this the 5th cause I gave up after being single after 12,000 days
👋👋👋👋👋❤️
Lol Indian market will react to even ukanda affairs😂
India lives rent free on the minds of m|€¢¢h@$ 🤣
Love it! Most people don't know that before we had Federal income tax, tariffs were how the Fed raised money.
We also didn't have paved roads, social security, fire department, military was on horses and muskets...
@@DejectedCat Actually in 1913 (1st year National Fed income tax), we DID have paved roads, fire depts, military had planes/trucks, belt-fed water-cooled machine guns.
Don’t expect libs to want America to be great again. Gonna take a while to undo the mess democrats left us in
@@brocklanders6969 and you are getting double taxed now, because there is still a federal income tax
@@leredditcommander8208 Nope. The tax is volutary -- I can simply avoid buying countries/products impacted.