Let's talk about you paying 55% of Trump’s tariffs....
Belle of the Ranch
Belle of the Ranch
4.9 • 1K Ratings
🗓️ 15 October 2025
⏱️ 4 minutes
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Summary
Let's talk about you paying 55% of Trump’s tariffs....
Transcript
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| 0:00.0 | Well, howdy there, Internet people, it's Bell again. |
| 0:06.0 | So today, we're going to talk about you paying 55% of Trump's tariffs. |
| 0:13.1 | One of Trump's key campaign promises was that other countries would somehow magically |
| 0:18.7 | pay for the tariffs he promised to impose. The do-your-research |
| 0:23.7 | crowd obediently disregarded the statements from economic advisors, investment firms, Nobel Prize |
| 0:31.0 | economists, and generally every expert in the field. Obviously, Trump knew better. When they were countered with evidence to the |
| 0:39.9 | contrary, they simply denied it. That led to questions like this. Quote, Ms. Bell, |
| 0:47.1 | can you go over that analysis that says we're already paying a third of the costs of the tariffs, |
| 0:53.2 | and that it's expected to go up as |
| 0:55.1 | time goes on. I can't find the video and have a family member who for whatever reason |
| 1:01.0 | believes that foreign countries are paying for them and that inflation has gone up because of |
| 1:07.4 | Biden somehow. I refuse to go back over that data because it's dated now. |
| 1:14.8 | The new data says that we're already past the 33% mark. |
| 1:19.9 | Economists at Goldman Sachs are now saying that by the time your holiday shopping season is over, |
| 1:26.3 | you'll be paying about 55% of the costs of Trump's |
| 1:30.1 | tariffs. That's 55% to the American consumer, another 22% to U.S. business, 5% to tariff evasion, |
| 1:40.9 | leaving a tiny 18% being absorbed by foreign companies. As time goes on, all of these numbers will |
| 1:49.3 | shift, and the American consumer will continue to shoulder more and more of the costs. |
| 1:56.4 | Trump isn't taxing foreign companies or foreign countries. He's taxed you. You're paying for it. |
| 2:04.4 | When he brags about the billions in tariff money raised, that money's taken out of the pockets of |
| 2:10.6 | working class Americans all over the country. This has caused the expectation that inflation will be 50% above target. These numbers do not include |
| 2:22.7 | the recent development where Trump promised new 100% tariffs on China. That will take more money |
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