Trump says he will 'absolutely' impose tariffs on E.U.
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- Опубліковано 7 лют 2025
- President Donald Trump on Jan. 31 said U.S. consumers would "understand" temporary disruptions caused by tariffs. Read more: wapo.st/3PVr4zY. Subscribe to The Washington Post on UA-cam: wapo.st/2QOdcqK
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This country will be unrecognizable 4 years from now.
a very real chacne that it become a dictatorship in that time. The judges he will put in place will be our down fall, unless he does something drastic before
neither will trump
In a good way or bad ?
@@geoffreypalmer2661lol😂
@chiefrocka8604of course
I'm convinced he genuinely still doesn't realise that Americans pay the tariffs...
Or that they're inflationary 😂
Or what deficit?
You dont understand how tariffs work...
@Truth_Seeker_UK my guy they really aren't that complicated 😂 but please, do feel free to explain what was actually wrong with my statement
Tariffs have worked in the past, it was successful under hoover , taft and other presidents. It is a good policy and helped create the so called American dream, that actually began in the roaring 20s, after tarrifs were imposed on everyone from the US. God bless USA
Qardun Token 10x coming in the morning.. people still sleeping
nice try
The world should make America suffer for 4 years for voting him in office
It is still a free country. You are free to leave.
Economically, he's cutting his own throat.
Yeah I'm sure he doesn't know anything at all . . .not like he completely destroyed the political landscape when all the "experts" knew better. Yeah . . . I'm sure you're on to something.
no he will be the ruler forever the writing is on the wall
So he thinks
@markkz-g8p Idek if he's gonna make it to the end of the year at this rate lol
Economically he’s cutting OUR THROATS
"The EU has treated us so terribly" is that his famous line. He says that about EVERY county.
And, he's not wrong.
Well it's true soooo........
genius@@secondarycontainment4727yes his
So what? He is correct.
@ yes he is
Ask Trump why he and Musk want access to the system that pays out social security.
I think piggy bank is the answer same as the treasury
Because the fed has been using social security as a wallet, duh
@@blaketurner7989 and he 8 trillion in debt he caused last time.
He's the duly-elected president. He has the right to know. Why can't he know? Why only a few people (ie. David Lebryk) are allowed to know?
@@RTOneZer0
But Musk isn't a duly elected anything.
This dude threatened Tariffs on both Taiwan and the Netherlands. The two countries that are litterally driving the global semiconductor market.
This dude has officially LOST IT. Like what even is the rationale behind this
lol
The Netherlands can only build their machines with consent of US patents. Look it up. The US says no more it ends. As to Taiwan, the US is forcing them to build factories here in the US. Semiconductor chips are now considered a strategic item. Oh that was started under Trump 1.0 and continued gleefully by Biden.
Keep coping, friend
@@melgofton2990 hes not wrong.
As someone from The Netherlands, i would like to see him try. Asml chips will make your iPhone 100’s of dollars more expensive. Even your washing machine, oven or rather any product with a chip.
With Elon and Trump now working with Qardun Token is going to absolutely blow up
" Tariffs , the most beautiful word in the dictionary"
This clown can't even articulate the complexity of the issue.
Yes Joe Biden lol...commie
The crowd that thinks men can be women are trying to weigh in on global economics..
@@SteveNicholson-bk4tf Joe Biden didn't want to make a deal with Communist Russia. Trump wants to give the natural gas supply of Crimea and oil from the Donbass to Putin.
Only senior clowns recognize clowns
He heard someone talikng about it 60 years ago and thought it sounded cool!
the european dont take your cars cause there crap simple
not as crap as emissions cheating German junk, choked by EU regulations
not as cr@p as emissions cheating German junk, choked by EU regulations
Exactly! Who in their right mind would buy American gas guzzlers?😂
some are ok but the big pick ups are too big teslas sold well until now as musk has really ruined that and their food products are so full of steroids etc or chlorinated like the chicken,,, who wants that,,,, no one in the eu
European cars are trash. How stupid are you???
Tarriffs are not going to make US consumers rich. What a clown.
@@Malachor8091 workers will
@@alphonsolinguini9501 Workers will what?
@@alphonsolinguini9501 haha great depression 2.0
Yes it will
@@Lucas_0913 How?
GO FOR IT TRUMP!!!
EU will happy to trade more with Mexico and Canada
Imagine if Canada trade more with the EU, SEA, India, Africa and South America
We are witnessing the downfall of an Empire
US didn't learn from Rome to Britain, then again it's US Educational System, what to expect
Bullshit
The jokes on you, america doesn’t have an education system.
@jonstarbird8484just like the Romans said 😂 happy extinction
@ Of course it does you do not
He is so dumb about tariffs, he wants smart people, who is telling him this ???
Dumb is president and not dump is normal people.
Think about that
He's obsessed with his inaccurate retelling of William McKinley making sooo much money he didn't know what to do with it. Poor ole Trump just wants to swim in dollar bills real badly.
its smart for the American People. Bad for idiots that hate America. Not that hard to get really.
His (((masters)))
@@allenchu4326 That made no sense. Try again please!
Trump is a bald faced liar
thats true he doesnt have a beard
Bald headed liar 😂
Yet is is sitting in Oval Office and you are....
@@MarkL-we8uk Being president does not prove intelligence. You people said the same thing when Biden was president, btw. And he absolutely is a liar. If he's moving his lips, he's lying. That speech about the crash was an embarrassment.
@@MarkL-we8uk So what? He's still a moron.
I look forward to China, Canada, Panama, Columbia, Mexico, the EU, UK and Denmark plus the Stock Markets, all-together, collectively, bum-rushing the American economy.
😂😂😂😂 everyone of those relies on the American economy 😂😂😂😂
@SavagelandHunting also American companies. Tesla for example has many suppliers that are from overseas because they are cheaper.
What a disgrace such a dumb statement
AHH yes all these countries with different geo political interests will group together 😂
@@SavagelandHunting
Well it wouldn’t be an overnight thing. But why shouldn’t those countries work together to increase trade amongst themselves at the expense of the US? It would be in their long term collective best interest.
2:37 VAT is paid on all products even if they are made in the EU… the US products are not hurt by this 🙄
Why does he want to fight everyone , even big allies like Canada and EU? He doesn't know when to stop doesn't he?
I bet the E.U. free market of 400 million people are quaking in their boots! LOL
No we are laughing because y'all don't have common sense
@IwantDoubleToasty’all are delusional. The US can crush all of your collective economies in a matter of months. The pain that your economies will be so unbearable that y’all will bend the knee and sue for peace. Let’s check back in 6 months.
My eu country will have a big impact from this
This comment is low IQ.
Actually I am worried with his geographic knowledge! Maybe he thinks the EU is India 😂
It's long past time for the Republicans to consider removing him from office.
It's long past time for you start coping better. 🤣
Think about what you think about
Joe Biden
@@teisendorf6892 joe was ok.
@@csammy123 yep i dont want the 1930s 2.0
The EU is a very tough opponent as the UK has already found out the hard way. It's a bureaucratic wall. It's not agile, it's not pretty, but trying to punch it will only hurt your fist and not the wall.
Perfect, he has made the case for Canada to trade more with the EU.
Name one Canadian company that is in top 100 companies world wide, Einstein. There is nothing to buy.
Canada is more than welcomed to trade with the EU...
Trump please do it . impose tariffs on E.U. . And E.U. will impose 50% tariffs on Tesla . I am sure Musk will be thrilled about it .
Musk is soon going to depose this senile clown😂
How he planned to help Americans ( maga no exceptions) with tariffs. Conman hasn't uttered single plan other than tariffs will make us very rich. Figure this
He wants to use the tariff money to pay for the bilionare tax cuts he will pass shortly, and the middle calss and poor will pay for it via increased in inports costs.
He will then say "no one could have foreseen this"
And the cult will cheer him on
You mad he won. Get over it, you joke
@ you mad Biden won get over it
@@malnorfleet4925 or we dont want high tariffs.
He talks a big talk about the brightest and the best, meanwhile he parades the most unqualified group of clowns into his cabinet. I can tell your lying because your lips are moving. The guy couldn't tell the truth to save his life.
You mean liberals and democrats. The worst human beings ever. They have destroyed America. So it's OK for these countries to treat us bad.
Great comment 💯
Oh, the last 4 years were run by the best of the best?! What did we get done? Nothing...
completely incapable of logical thinking or telling the truth. He even lies when it is not even necessary
China went to Brazil for agriculture products.
No they didn't!
Nothing that a Tariff on Brazil won't FIX
@ they absolutely did. American farmers only survived with government welfare handouts. Google something.
China has established a strong presence in Latin America. They are getting most of their produce from them.
@@balancedactguy Yes, they did cost the US government more to bail out their farmers the last time Trump was in.
Eggs $12 a dozen at my supermarket today! Thank you President Trump for making life more affordable!
Are you really that stupid?
It's called bird flu dummy
Don’t be stupid that was you boy Biden. Give it more than a week to fix your poor voting
Cause = Bird flu, not Trump, well not yet
Lol he can’t bring down prices in a week 🤣 god you people are insufferable
If tariffs caused success why were they discontinued?
VAT is the same as sales tax. It applies to everything home produced and foreign. So it doesn’t target American products. But he knows this.
He has already said that he wants tariffs to replace income tax. But that will massively increase taxes for workers and middle class whilst giving the rich a huge tax break.
Now your getting it!
Always helps the Uber rich …..never the citizens
1% of the population ( your “uber” rich) control 99% of the population. You will never guess who the 1% truly are because they did not want to be known. For if the public had ever known their dark secret, they would haven been murdered in their beds.
It is time to stop being DIVISIVE - we are ALL angry about the same thing, but the true enemy has created a wedge so the people will not UNIFY against them but EACH OTHER. Hence, all the distractions while “they” slither away. But the LIGHT is shining into the darkness - and it will not be able to comprehend it.
thats literally all he did the first time around
Why were they discontinued? Brother, The United States pursued a protectionist policy from the beginning of the 19th century until the middle of the 20th century. Between 1861 and 1933, they had one of the highest average tariff rates on manufactured imports in the world. After 1942, the U.S. began to promote worldwide free trade. After the 2016 presidential election, the US increased trade protectionism. It's been going on the whole time and hasn't stopped, you just believe the news and don't do any independent reading😂
OH YEAH... IM SURE TARIFFS WILL TOTALLY HELP THINGS. IM SURE IT TOTALLY WON'T DRIVE THE ECONOMY INTO THE GROUND. DOES TRUMP EVEN KNOW WTF A TARIFF IS WHILE HE IMPOSES THEM ON ANYTHING THAT DOESN'T GO HIS WAY?! IM SICK OF THIS GUY MAKING THINGS MORE EXPENSIVE.
Of course he knows what a tariff is, he said so right in the video... "it's very misunderstood, it's a beautiful word". See, clearly he has a firm grasp on the true meaning of a tariff. -sarcasm-
You do realize tariffs are what made America a super power right?
You vote for Democrats?
Sit DOWN and zip it.
@blaketurner7989 Lol... no Blake tariffs did not make the US a superpower. Tariffs are the signature of poor productivity.
Cope Harder
Who are the morons advising this inadequate fool? Consumers pay the tariffs, NOT the countries. This is a tax on Americans!!!
Typical Democrat simp.😂
Basically yes, you need to pay your taxes inside US otherwise your economy will fall with the debt.
If you buy something that produced outside, you pay taxes that manufacturer pays in the country that produces that something.
Taxes will cause to the manufacturers to move to US.
@@alexanders7493 or they price gouge like they did in 2020 and we get poorer.
@@alexanders7493 Wrong.
@@alexanders7493why would any major manufacturer move back to the US when you can’t export for tarrifs other countries put on the US 🤷🏼
He’s literally got no idea! Sad to see but that’s what people in the US voted for, now will have to pay the price for it. Politicians generally tend to be quite out of touch with reality, but Trump is something else!😢
But you have an idea 🤣😂🤣😂 yea ok 👍
google what a tariff is. this is what we voted for yes
@@donaldhynson4538 You will pay, not me😎
@@Redronin1426 Enjoy, it want work the way Trump say it will. Can’t believe the extent of Trump’s dumbness. We have silly politicians in Europe, but Trump’s something else. Anyway, you get what you want (vote for) sometimes!😉
@@miroslavnovak6567 i didn't vote for him i dont want to be poor.
"Other countries charge us tariffs, we don't charge them tariffs" what ?
😂 Yeah
Who needs enemy if u have friends lik usa😂
You do realize we paid 200,000,000,000 for Ukraine and EU despite having more people paid only half. This is how the relationship has been for 100 years, 100 years of being on Americam welfare.
@realestateunplugged6129 so you'd rather give Ukraine and its technologies and land to America's old international enemy? 😂
Smart stuff man. You impress me every time.
@@realestateunplugged6129So, don't say that we are freedom and democracy lovers. You are just bunch of colonizers
My 5 dozen eggs were $15, then $22 and today $25. Tariffs are only going to hurt us.
Don worry when Trump takes power he will lower prices on day one Just like he ended the Russian war in Ukraine
lol
We don't import eggs genius😂
@ in 2022, the United States imported $118 million worth of eggs, making it the 13th largest importer in the world.
Are you people ever right about anything?
thats true trump is hurting the american economy with his poor decisions
Trump is DISGRACEFUL
TRUMP WON!!..THANK GOD!
If you can't hear; you must feel = FAFO!
@@MaxMisterC I bet deaf people are as confused.
What? Who feeling?
US hasn't sent 300billion to Ukraine
In currency and equipment
Not even a 100 billion. $183 billion, but half of that money goes to restock ammo in the US, not Ukraine. Read the aid bills.
Honestly, you have no clue what was spent. Why are you speaking on it as if you know?
@@brandonwisco Probably more.
@@Joey-ct8bm $183 Billion too much. Yes, that all has to be counted because if we did not have to restock our own ammo then it would not have been spent. Also probably closer to $300 billion once it all comes out.
It won't hurt Trump or his family one bit. 2 billion dollars from Saudi Arabia say so. Trumpnis ABSOLUTELY CLUELESS.
I guess you don't want lower taxes and buy domestic.
Trump made more money while President than the rest of his life combined. Via barely hidden corruption.
Mark these words: trump will destroy our economy unless he's stopped. CONGRESS, WHERE ARE YOU?! Forget who you work for? Hint: It's not trump.
Deals for the farmers. You killed the farmers business. You had to pay the farmers with government money.
you are absolutely clueless, perhaps talk with the farmers before commenting.
Ahh, Mason is right
LOL, the government has been paying farmers for almost 100 years. Get new material.
How many billions will the Trump bailout have to be to farmers this time, to get you to acknowledge reality?
They pay the farmers to make sure that they never go out of business. That's not the same thing. It's absolutely essential that a country has access to food. It is not the same thing for other goods and services.
No, trump you lie, you said countries will pay your tariffs/taxes not consumers.
We have Dunning-Kruger in the White House.
I really don't understand why he wants to impose all these tarrifs. Does he really think the country on whos products the tarrifs are applied pay the tarrif? The importer pays the tarrifs in the U.S.. He really is a dolt. Or he thinks the public are.
He 100% thinks "Mexico" pays, and the people around him are too craven to correct him.
Tariffs are there to protect a country. And, yes, the outside country pays us
@@Blazesnooze49No, you pay more every time you go to the store. This is just a way to increase your taxes without using the word "tax".
Trump said tariffs are one of the most beautiful words in the dictionary lmfao. You can't make this stuff up.
In 2023, the US had a goods trade deficit with the EU of $161.6 billion, while the US had a surplus in services trade with the EU of €104 billion.
So 57.6 billion deficit on a total trade of 1.5 Trillion which is what? 3,84%(?). That's margin of error stuff and no reason to start a trade war with 1 of your supposedly closest allies. And the VAT(value added tax) is what you Americans call the sales tax. Has butt all to do with tariffs
Just call it what it is, your billionaire tech buddies are salty that the EU actually values consumer protection and keeps slapping them to do better. So they want you to strongarm the EU a bit, and like a good lil bought bully, that's what you try to do
you prolly need your teeth done
Two sides of the same coin,
Europe is the Goldilocks market.
the US companies exploit and devour markets by moving in, hence why Europe hosts a ridiculous number of US stores. Usually at preferential tax rates.
The trade deficit ignores completely how these companies make money and how the US massively benefits from this arrangement.
Europe is a cash cow 🐄… it’s terrible for European industries but fantastic for trade wars if they were to escalate further than just tariffs.
This is why the tech bros do what they’re told in the EU, because they would be insane to jeopardise such a situation.
The only market on earth that has the population size, and the money to buy high ticket items, and the very strict ip laws that china breaks constantly. It’s a Goldilocks market
If trump wants to shoot the cow 🐮 I’m not going to stop him 😂
Another Trump blunder inbound
Trump troll has arrived!
American products it's over now.
🇨🇦🤝🇨🇳
3:44
Mob boss mentality
more like blob boss
So it is ok for Europe to do to the US but not likewise? You are the problem.
i mean we do get most of our military stuff from America here in Europe so yeh we need to increase spending more on ND or spend more on production ourselves. one or the other
@@Magnetron33 Biden was a blob.
@@hamburgersmmmmmm Why? Because he knows our worth? WE DON'T OWE THEM ANYTHING. THEY OWE US.
Trump accuses EU for not buying American Cars
And why should we?
We have Volvo,BMW,Audi,VW etc.
Arshole? Can’t answer any questions? Farmers?
Blames everyone 🇨🇦but HIS OWN DECISIONS. 🇨🇦HAHAHAHA
You’d think he didn MADE THE LAST AGREEMENT. NOT HONORING A TRADE DEAL……..
SAME OCEAN dude
*AMERICA FIRST, AMERICA GREAT.*
F..k Canada. Tell me how we are supposed to gave trade deficit with country. Why is America treated last in trade agreements
Tf are you even talking about? Rambling nonsense 😂
I can't even stand to listen to the Orange Demon's voice Please dear Infinite spirit remove this man from our prescence
bc who needs allies right? i hate that fool
Do you give your neighbor money to be your friend, fool?
@ no. but I do what I can when my fired a are in need. They do the same for me. That's called friendship. Try fighting ww 2 with no allies . genius. We alienate our allies with brics out there and the middle east hating us ... and more ? stupid move. we are military allies anyway they boost our strength if times of war. It's just stupid to throw them away . Stupid.
The EU needs America, but we do not need them. The United States has a lot of leverage that it hasn’t been using, and we have been passively allowing our allies to just do whatever they want to us because “oh, we’re friends.” Yes, we are friends, but sometimes friends need a reality check, especially when their well-being is entirely reliant on one country.
@@IcarusLhooq-bc7uq The United States could have easily defeated Nazi Germany, the Soviet Union, Japan, and Italy all with no allies.
@ Like Trump said, these allies take advantage of the US by making the US pay almost 100% for NATO. Do you take your friends out and pay for meals every time? Do you pay for their internet?
EU is drowning in regulations, there is no point doing business there.
Recession coming!
Hurry! Go stock up on toilet paper because you may need it as you cry😂😂
we should be so lucky
TaRrIfS wIlL EnD AmErICA!!!!!!!!111111111
@@IdeasAreBulletproof probably the end game
@@IdeasAreBulletproof I never said "end America." I said they'll cause a recession.
1. VAT stands for value added tax and is a tax levied by most European states for all European citizens, legal persons or companies. It is not something special to America.
2. Europeans do not import food from the US, not because they don't want to, but because of the legislative differences regarding the chemicals used in food. Not that there isn't a negative reputation of food, regarding obesity, etc.
3. Europeans buy American cars as long as they are adapted to the norms, consumption and size. There is no infrastructure in most European states for pick-up trucks, for example. We like them, they are interesting, but we don't actually have room for them on the streets, the parking lots are not designed for this kind of cars, not to mention consumption. AND of course the questionable quality again.
4. America spent 200 billion with Ukraine and Europe only 100. We are separated by an ocean... Ok. No offense, America started the war in Ukraine, not Europe. And Trump knows this well, as he accuses the Biden administration.
I hope that all of Mr. Trump's statements will have a negotiating role, so I see only one country benefiting and strengthening relations with Europe, and that would be China.
You will have no friends left.
Trump is the inly one who misunderstand how tariffs work. Why would they want U.S. cars? What foood do we produce that they want?
lol
The EU has fairly strict restrictions regarding any GMO products, so that tends to limit a lot of consumables from being imported to the EU from the U.S. Many American made cars either do not pass EU safety regulations or emission standards, so that tends to limit importing American cars, for other products there are certain blacklisted chemicals, dyes ect. that are prohibited in the EU for public safety, but are in use in American products, again limiting the variety and amount of possible goods being imported to the EU. So no, it's not that the EU is purposefully bullying the U.S. it's just that so many things that the American goverment deems safe to use or consume, is not considered safe in the EU, this goes for everything made in the EU and outside of the EU, the same safety regulations apply to all. also as a side note, American cars tend to use a lot more fuel, which might be fine in the U.S. but in Europe we tend to go for cars with less fuel consumption.
You are 100% Wrong...or just a Trump Troll.
@@balancedactguy if so, can you answer my questions? Who pays for tariffs? Why would Europeans want an American car? What food of ours would they want?
Aren't you forcing EU to move closer to Russia and end up buying their oil and gas instead. NATO will be gone sooner that you think.
If we tariff the EU, the production will just shift to Vietnam
hmm, isn't tariff imposed by the seller-country, and then VATS a self-imposed tax by a country? im confused with what he is saying.
That is because what he is saying is incorrect, therefore confusing to anyone with a wee bit of knowledge about the real world.
I’m confused why are you not just ignoring him he’s gone senile
as part of europe we vouched for trump and i honestly dont care about tarifs. it wil be alot cheaper when we dont import 3rd world countries for free and house them. America and EU are very similar and we share a common goal, get the wealth seekers out. make it barely to not sustainable for them. and become more independant on terms of resources.. sanctions are similar to tarrifs, yet it baffles me to see how stupid people think of this situation. mostly americans probably leftists that complain. pay a bit more now be more free later. systems need to be reorganised and we're at that time
24 BRICS countries was threatened with 100% import tariffs to US if they trade using BRICS currency.
33 EU countries have been using Euro their own currency in the last 30 years for international trade, they should slapped with 100% import tariffs to US
Yeah and America will pull out of NATO and you can welcome Russia
@@jojohns1949would love that
Yes and China too, fk America!
That guy next to him looks like a modern George Washington
Looks like we have some armchair economists in the comments section
Looks like we have a clueless person in the president's chair.
@@debbielwilliamson8546 Looks like we have a coping liberal on blue sky
Knowing basic economics doesn’t make someone an “armchair economist”. Besides like 95% of actual economists say the tariffs will backfire on Americans.
Wonder how Trump administration is going to be pumping Qardun Token
do u have any idea how many US companies have stores and factories in the Eu! .. the US do not stand a chance if this escalated.
This is a great opportunity for Europe to regain some of its industry, please tariff loads! 😂
LOL! we'll be bringing our factories back stateside! so long euro-suckers!
EU has a migrant problem killing their people raping their girl's and nobody is going to the businesses because they might get stabbed, update your knowledge
Gladly
I mean I understand giving some tarrifs to the EU since the EU has its own protectionist laws already that brings industry there.
But to Canada, Taiwan, and the Netherlands is wild. This mf has officially LOST IT
@@blaketurner7989please make it 100% 😂 no less!
I dont feel sorry for Europe
Thanks! As a European I see this as an optimal opportunity for us to become more independent (Europe as a whole)
I do feel some pity for the future US economy and foreign relations tho.
Can he not get a good foundation match...Hello Sephora
This is a nightmare for the US economy, gonna be worse than the situation in the UK.
Utter bs!!!
He is just making things up when reporters ask a question. Mr. President will you build a lunar base? We will it will be the biggest, most beautiful, bs bs
Buy American products.Then the tariffs dont affect you.
Wrong. American companies are making no promises to keep prices stable. If the demand increases there then those prices will go up duh!!!!! Tariffs will affect everyone and everything.
Got everything you need to make everything you need? Probably not.
@brianw2742 list what America doesn't have that it needs. Thanks!
@@secondarycontainment4727A soul or how about morality? The American dream is dead. Good luck paying for all those trillions and trillions of dollars of debt the country has accumulated.
@@secondarycontainment4727semi conductors, phones, computers Oranges, Avocados, pharmaceuticals, furniture, gems, precious metals.🙄
I can only laugh when an adjudicated rapist who refused to testify or plead guilty, a convicted felon and a pathological liar, asks: Do you want a truthful answer or political answer???
Pity the reporter did not have the courage to say: Please answer the question without moving your lips because we know you're lying if your lips move.
VAT is sales tax and is charged to all products also domestic products and paid by the consumers. This guy does not know what is talking about. Can someone from his team try to explain that to him?
And who the hell are you to think you are so much brighter?
@@margiemcgraw9849I bet most Trump supporters like you heard about VAT for the first time during this speech. VAT isn't "imposed by the EU on America"; it's applied just as much in trade between EU countries, and even in domestic trade.
“Before the introduction of income tax in the United States in 1913, tariffs were the primary source of federal revenue, often accounting for up to 90% of government income. They were used to raise funds and protect emerging domestic industries from foreign competition.”
Americans were far more prosperous BEFORE 1913… it will be hard to break mental Stockholm Syndrome.
"far more prosperous BEFORE 1913" this is quite literally the most ignorant thing on this page.
Per capita GDP in 1913 (inflation-adjusted) was ~$6,000, whereas today it exceeds $75,000.
How are you people this ignorant? pre 1913 we had a third world, undeveloped, economy...
It wasn't until after ww2 that our economy began to surpass others simply because we still had working infrastructure.
I just cant get over this, how are you this ignorant? Are you Russian ?
Economist here. A bit rich Trump cultists talking about Stockholm syndrome, but anyway I'll bite.
Your copypasta is hugely impressive of course, but if you understood anything about this at all - which you clearly don't - you'd know that the economic world we lived in 100 years ago was VERY different to the one we live in now.
In point of fact, the biggest barrier to entry for another country wanting to export their goods to the US wasn't even the tariffs it was the transportation costs. The only things being shipped, at huge expense, were things that had high value/scarcity.
This is not the world we live in now obviously. So please explain to me how consumers buying the sort of FMCG at places like Walmart and Target that didn't exist in your tariff glory days, won't end up paying much more? Please be clear - in a way your cult leader hasn't because he's utterly clueless - how tarrifs are paid by the exporter not the importer?
He. Has. No. Choice but to tariffs ….
EU doesn’t offer anything yet they fine US tech companies on a daily basis to support their own economy.
Wise up.
Read a book or learn VERY basic economics.
@@davidcounter4866 You sure sound wise..........
Utter nonsense, the EU fined American tech companies for anti competitive behaviour and trying to use the power to damage consumers
@@davidcounter4866eu should dissolve (as an european citizen)
You realize the US imports more from the EU than the other way around, right? However, unlike you I don't want this, because it's bad for both of us.
Thanks Jeff! You are complicit in this disaster. Let the Amazon boycott begin!
Lies, what do you expect from a felon? More lies!
more felonies. Why are people so God Damned dumb?
My man's got that salmon pink complexion!!! 😂
God bless Trump!
Another fool that thinks there is a god!
Why would anyone bless someone whose arrogance harms everyone.
Troll
Dr Draxx was right
Considering we have helped basically all countries for free, I think every citizen of them should pay us some form of tax to us, then it would be fair.
Trump knows his sh!t.
He knows how to lie, if that's what you mean.
He certainly knows how to lead a cult...
The US will do well if they drop the 100% tariffs on Chinese imported EV cars, and instead impose a 100% tariff on EU cars.
The advantages are that the consumer cost of living will immediately come down, which will be a boost in the time of tariffs which push up the cost of living.
It will further help with the $300 billion shortfall with the EU.
The EV car manufacturers in the US will soon find something else that is profitable to manufacture.
The EU won't know what hit them
They'll be fine, there's opportunities opening up with Canada and Mexico
@@michaelbrodie5942 lol
Snap out of it, balloon head.
The impact on the Countries in the EU, in comparison to the impact on American consumers. Will be negligible.
Yeaah -the EU will hit you harder than you hit them. The USA will pay higher cost for goods the EU will get goods from other nations. Yes EU will lose out but not as much as the USA. - and by the time Trump realises the EU and China will have a much more powerful trade links.
Nice by Trump to integrate more Canada, Mexico and Brazil's economies with the EU at the expenses of the US citizens.
I heard that he will be tariff Mars and Venus in the fall. They’ve not been very unfair. They have never bought anything from the US.
Cant wait. Lmao its going to be hilarious to see everything become more expensive for the americans.
Donald Trump is going to shill Qardun Token hard now after the inaguration 😂
Walmart, Amazon and Trump support? Qardun token is going to 500x... I just hope there is not too many insiders
The EU, China, Canada etc. charge us tariffs on their products, but we don't charge them! Isn't it about time to rectify our trade balance with issuing tariffs of our own???? Yes, this will be painful for awhile, but meanwhile we can also start manufacturing products that we previously imported and help our economy by hiring employees and doing our own manufacturing!
Trump and Qardun Token partnership confirmed on twitter!! ICO almost sold out at $54m
The wealthiest 1% of Americans held around 18% of the total income in 1913 when income taxes were introduced to make the wealthiest pay for the government that benefited them the most. Today it is the 1% with 14.5% of all the income in the US. Seems the rich found another way to get wealthier with Tariffs to be paid by the US Workers.
It will always continue to amaze me how Biden went through as though the country was running smoothly however once Trump is in everyone wants to tell him he does not know what he is doing. This is what happens when failure is the standard.
Until Trump came along and advocated tariffs, Democrats were the champions of US workers, and generally liked the idea of tariffs for that reason. It's only because Trump supported it, that they had to oppose it, as a duty to their party. Trump has turned Democrats into conservatives on several topics.
Thats good right?
nice whataboutism by the way. Lenin would be proud.
@@bob-e5z There's not a whiff of "whataboutism" in my comment. In case you didn't get the memo, we've entered the era of common sense. My point is that Dems hate the idea of tariffs now, because Trump advocates it, whereas before Trump they generally supported the idea, or at the very least they were even-handed about the pros and cons.
Your reply is a dead giveaway that you're on the side that has lost power, both politically and culturally. I can tell just based on the lameness of it.
There is only one place will not increase
tariffs by Trump, The Mount Olympus.
Dude thinks that the world needs America 😂😂
Trump at least shilled a coin with some utility $Qardun Token
bot
VAT is a domestic sales tax you stable genius, it has nothing to do with import taxes on American goods
what a dumb idea it will things more expensive for us in the united states when they put tarifs on their goods thanks trumpty dumpty
You have a choice to buy or not. That's called freedom
@@krazyjnva2up2down55 ok ill stop eating then, dumb take man
@@bob-e5z stop eating what you can't afford. Get you some healthy food, and learn how to cook lol
@@krazyjnva2up2down55like oranges, advocado, bananas most of which are imported into the US.
Trump knows what he is doing...