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Belle of the Ranch

Let's talk about Trump's paused tariffs, a question, and a reminder....

Belle of the Ranch

Belle of the Ranch

Society & Culture

4.91K Ratings

🗓️ 8 March 2025

⏱️ 4 minutes

🧾️ Download transcript

Summary

Let's talk about Trump's paused tariffs, a question, and a reminder....

Transcript

Click on a timestamp to play from that location

0:00.0

Well, howdy there, Internet people, it's Bell again. So today, we're going to talk about how

0:07.8

Trump paused his tariffs. Canada didn't. Answer a question about the markets and a reminder.

0:14.9

Trump announced tariffs. Pause them. Reannounced and imposed them. then pause some of them again, all in the last

0:22.4

month or so. Currently, the tariffs are on pause, but I stress that's a time of recording.

0:29.5

Trump could reimpose them before this video goes out. But don't worry. If he does,

0:35.5

maybe I'll just save it until he pauses them again.

0:38.7

So, most observers at this point expect Trump to simply declare victory and abandon this

0:45.1

portion of his trade war because his drastic broad tariffs are not getting the reaction he thought

0:51.0

they would. Canada in particular has seen their country unify in

0:56.1

opposition to Trump, to the point where consumers are boycotting U.S. goods entirely.

1:02.4

The government also seems unified in their response and is indicated that even though

1:07.9

Trump has paused the tariffs set to be imposed on Canada, Canada isn't calling

1:13.1

off its first wave of retaliatory trade measures. Canada is even talking about placing a surcharge

1:20.0

on some exports that the U.S. needs. The rhetoric that the U.S. didn't need Canada as a trading

1:27.1

partner fell apart very quickly.

1:30.4

The belief of most is that Trump will move on to the smaller reciprocal tariffs.

1:36.0

Throughout Trump's ups and downs with his trade plans, the market saw ups and downs as well.

1:42.2

When Trump would announce or double down on tariffs, the market generally

1:46.4

fell. When he would back off or pause, they would go up. That trend broke on Thursday,

1:53.9

when Trump posted to social media about a pause, and the market continued to fall.

1:59.9

The administration has said they didn't pause the tariffs this

2:03.2

time because of the stock market tumbling. Though, it's important to note that both the Dow and the

...

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