4.8 • 3.1K Ratings
🗓️ 5 February 2025
⏱️ 9 minutes
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0:00.0 | And now for a moment of clarity. |
0:05.0 | So America, y'all waking up this morning to a 25% tax on your toys, your electronics, your fresh produce, lumber and cars, 10% tax if it's coming from China. |
0:19.0 | Um, you, yeah, I don't think this is, y'all, you're not gonna feel this? 10% tax if it's coming from China. |
0:24.5 | Yeah, I don't think this is, y'all, you're not going to feel this? |
0:31.4 | And what universe do you not, does someone not pass on their cost to you? |
0:33.4 | Tell me what universe. And would you, as a business owner, if I imposed, if I increased your cost by 25% or 10%, you're not passing that on to your customers? |
0:44.0 | Are you just going to eat it? |
0:45.5 | You're going to increase your cost to run your business by that percentage or more and not pass it on? |
0:52.5 | That's how the economy works. |
0:54.9 | And the folks in the White House think you are ignorant enough to believe that you're not going to feel this. |
1:02.0 | That our economic community is not intertwined. |
1:06.3 | We are as much a part of the economy of Mexico and Canada as they are of ours. |
1:12.6 | American consumers and businesses, they import more goods from Mexico than any other country. |
1:17.6 | Like, that's been in all of the reporting. |
1:20.6 | And to be clear, some people will say, some critics of the critics will say, well, they can just find other sources. |
1:26.6 | But for people that do not have alternatives, |
1:28.9 | there's not another alternative to sourcing your materials |
1:32.0 | or whatever the good is from Mexico or Canada, |
1:36.3 | they'll just be forced to pay. |
1:37.7 | And the impact of this, of this, as in all things, trickles down. |
1:43.2 | And the folks who are going to be the hurt the most, |
1:45.7 | at least you are the poor. |
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