4.2 • 2.5K Ratings
🗓️ 3 April 2025
⏱️ 44 minutes
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| 0:32.6 | All right, everyone, you better brace yourselves because we're all part of President Trump's |
| 0:38.1 | experiment of sorts of totally rewiring the American and global economy. |
| 0:43.1 | He is now revealing the full extent of his sweeping trade war. |
| 0:47.1 | And it touches virtually everyone and virtually everything. |
| 0:50.5 | And starting at midnight tonight, Trump's new 25% tariffs on all foreign-made vehicles will go into effect. |
| 0:59.0 | And the big hammer, it's coming in just a few days. |
| 1:02.1 | I'm talking about reciprocal tariffs. |
| 1:06.1 | Foreign leaders have stolen our jobs, foreign cheaters have ransacked our factories and foreign |
| 1:12.9 | scavengers have torn apart our once beautiful American dream. We will charge them approximately |
| 1:18.8 | half of what they are and have been charging us. So the tariffs will be not a full reciprocal. I could have done that, I guess, but it would have been tough for a lot of countries. |
| 1:32.3 | Oh, it's still going to be tough for a lot of countries. |
| 1:35.3 | I mean, every country is getting hit with at least a 10% universal tariff. |
| 1:40.3 | And Trump brought out a kind of a prop to show just how much tougher it's going to be for the 60-some countries that he is calling the worst offenders, starting with one of his favorite targets, China. |
| 1:55.6 | 67% so we're going to be charging a discounted reciprocal tariff of 34%. |
| 2:01.1 | You think of European Union very friendly. |
| 2:03.6 | They rip us off. |
| 2:04.6 | It's so sad to say. |
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