5 β’ 1.8K Ratings
ποΈ 30 March 2025
β±οΈ 12 minutes
ποΈ Recording | iTunes | RSS
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0:00.0 | I say, hey, the market kind of immune to this tariff talk right now, y'all. |
0:04.4 | It's not reacting the same way. |
0:06.3 | And what we heard, we don't heard two days in a row where the market talked about tariffs, |
0:11.7 | and it still went up. |
0:13.5 | Hey, run that reciprocal tariff from when we explain that. |
0:16.1 | I got a video for y'all. Let's run that. |
0:17.6 | The big money is coming in on April 2nd, from April 2nd. |
0:25.6 | The next round of President Trump's tariffs will be reciprocal tariffs, which economists say threaten far more countries than his other trade policies. |
0:28.8 | Whatever they tariff us, other countries, we will tariff them. |
0:34.4 | That's reciprocal back and forth. |
0:36.5 | But economists overwhelmingly agree that the move will hurt U.S. consumers with rising prices. |
0:43.5 | Tariffs in general raise the price of everyday goods because companies pass the higher importing |
0:48.2 | cost onto consumers. |
0:50.1 | But reciprocal tariffs will amplify this effect, because the policy will raise tariffs across |
0:54.9 | so many more industries. |
0:57.2 | Tariffs tend to reduce entry by foreign companies. |
0:59.7 | They don't find it's going to, they're not going to have enough of a market to make |
1:02.9 | it worth the investment to enter that market. |
1:05.5 | This would reduce the variety and reliability of products available to American consumers. But Trump sees reciprocal tariffs as a way to even the playing field. |
1:14.6 | Countless other nations charge us tremendously higher tariffs than we charge them. |
1:20.9 | It's very unfair. |
1:22.0 | We have been ripped off for decades by nearly every country on earth, |
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