Absolutely great idea. I’ve been saying this for a while. If done correctly, DOGE and tariffs can make it possible that we don’t get taxed at all!! I’m all for it!!
The tarriff plan will evidently lead to high inflation, the high inflation is a significant reason why most retirees have sleepless nights. The increase in prices of everyday items puts them at risk of running out of money. As prices rise, the amount of money retirees can withdraw from their retirement savings also increases.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
@@Supafly1906They are funded by local permits, business permits, local sales tax, local business taxes, traffic and parking tickets, parking fees, there are a lot of fees and permits and penalties that can fund state teachers, local police and firefighters and local government units.
As a German, I didn't know exactly, although I've known all my life that American cars are very expensive here, otherwise lots of people here would be driving Mustangs. It has to be fair. If we impose 100% punitive tariffs, I demand that the USA also imposes them on our products. There is only one thing that is fair and right, free competition should regulate itself.
Not true. There are lots of ford cars that are sold at very competitive prices in europe. These are typically smaller cars like ford fiesta, ford focus etc Cars that are expensive in Europe are the ones with poor gas mileage, high co2 emmissions, poorly engineered. Lets say your typical american car. Governments try to discourage buying these cars because they are not environment friendlly.
So Hector you will pay double the price for a German car in that case? Yeah right !! And to both of you, American cars, mustang for instance with 5.0 happens to be on the edge of engine technology and our emissions standards are not the reason. They sell far more European cars due to high tariffs in turn is more $$ for their country , has nothing to do with emissions. Any American car would have to meet European standards, duh !!
Many European gear heads would absolutely love to have a mustang performance industry over there. Personally I drive Ford Super Duty and die hard Ford guy, but also a die hard BMW guy for foreign autos, I drive a BMW X5 M as well. And will absolutely not pay 100% tariffs on a vehicle from Germany that is already north of $100k.
@@jamesmiddleton660 I started out working with Ford, AMC, Jeep, Renault, went to Nissan/Datsun, Toyota all parts inventory, some parts sales,until I became the only girl selling BMW parts at a BMW/Ferrari Dealer that could help the owners of EU cars shipped here that were not the models made specifically to ship to the USA, and the only one that knew all the BMW Dinos like the old 2002s, Baverias, M3 EU Only Model because the microfilms were all in German and the guys were lazy, Besides I had those guys looking for spark plugs on diesels, muffler bearings, and carburetor parts on cars with airflow meters, and 1 guy was dumb enough to try to send a water pump out to one of my big wholesale customers without a gasket, lol! The guy that owned the first M3 shipped to the US DFW, TX even brought his Middle East wife to meet me and later sent me a glossy Kodak 24 x 48 Photo to thank me for always finding the parts he needed because he knew I loved his car. The problem with most cars made today is they keep adding more electrical monitoring systems. As far as American made cars go, most of the engines are made in Japan or with Japan parts. All this tariff stuff will get sorted out. Trump is no fool and he has given his warning to allow these countries plenty of time to decide how they want to negotiate. Myself, being a cowgirl and motorcycle driver prefer to drive one of our Dodge Rams. I like the oldest truck, the diesel long bed crew cab 4wd 2500 the best!
Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
@Liofigsguitar you forget he used tariffsin 2016, with some still in place. Just wait and watch. Are you one of them that thought Harris/ Waltz was going to win? You are thinking of tariffs in general not picking and choosing who to go after. John Deere is a prime exsample.
He said tariffs in imported American cars are 100% but in reality they’re 10% and exporting to a European market has many caveats, it’s a lot more nuanced than this.
Back in 2017 Australia stopped making one single car due to the introduction of zero tariffs. Every pickup bought in Australia after that was built in Thailand. Thailand has a 300% tariff on imported cars and an auto worker makes about $500 per month. The mental Australian Government obviously believed that we should have competed with huge wages, holiday pays, sick leave, maternity leave, work cover insurance, short hours, huge penalty rates, whilst Thailand and others have none of this. LISTEN TO ME, anyone who opposes Trump on this, hates your country or they are dumb beyond belief. There is no such thing as a free lunch and there is no such thing as FREE Trade.
Trump's tariffs are going to crush the US economy and anyone who supports his economic policies hates the USA. Free trade is why Americans enjoy the high standard of living they currently do.
@@TheConboy22 na he's right. We are obsolutely f'd here. We dont make anything even though we are mineral, resource and agriculutrally rich. This gov outsources everything to two companies in each industry. We have duopoly's every where.
The trade imbalance has always gone against the United States. Buy American. It costs more, but it lasts much longer and the money you save by not buying the same garbage Chinese priducts over and over will save money in the end. I'm wearing a garbafe set of new sweat pants from China, and the pocket is ripping out after less than ten times wearing these. Unfortunately I bought several pairs because the price was cgeap at Walmart. Meanwhile the nuce pair I bought three years ago, and have worn many many times still looks fantastic and has had no issues whatsoever. I remember when textile mills were everywhere. We sent them overseas, and shut down many of our factories.
I work in electronics. You pay the tariffs. China does not. We buy the parts from China because there are no other options and we have to pass the price onto consumers. You are talking 50-60 years of building capacity to make these parts that require rare earth minerals that America is completely devoid of. Now, America is already behind. So you have to still do trade with the world because people aren’t going to sit around for 50 years and wait and we have to have the resources to build infrastructure and make parts. So then that’s 50 years of paying high prices because they will absolutely intact their own tariffs in retaliation AND massive investments to build the capacity. Where is that money going to come from??? Meanwhile, people cut the US out because China already makes what they want and America has made it too expensive to deal with us… Trump is a simpleton that doesn’t get it at all. He is going to tank our economy.
@@slipspectrum9253 These people don't even understand analogies, they won't understand how bad tariffs are until they start looking at their receipts. Trump voters are like kids who want to touch a hot stove even though you warn them it'll hurt
@@slipspectrum9253I've been in the semiconductor field for 20 years you really don't know what you're talking about🎉 I'm guessing you mean you sell electronics at Best Buy🎉 the targets are made in America Samsung has huge plants all over America but they're kept secret because there's hundreds of millions of dollars worth of precious metals in them🎉 and with Praxair Linde we actually had to open a place in Japan just to restamp made in Japan because China hated made in America🎉
People understand IMporters pay the cost and pass it to consumers. thats business 101 but these guys are always making up ways to justify bad republican policy and NEVER respond to criticism when they are wrong
I will NEVER shop at Target!! And now they will be forced to build in America!! Oh geez American jobs and American products WHAT A CONCEPT!!! Just think an INDEPENDENT AMERICA!!!
Every country that has tariffs on US goods must have equal tariffs applied on them. The biggest offender is Canada. Why is my BMWx5 made in southcarolina but a Ford is made in Canada? Its bonkers.
Remember we buy American cars. Lots of them. If theUSA ruins our car industry that currently works in partnership with the USA. We will not buy American cars. We are the USA number one trading partner. You play the tariff card on is we will use the same on you. Everyone will. Nobody in Europe wants American cars because they are substandard to Toyota, Honda, Volvo. European cars are bought by Europeans.No different then Americans buy American cars and Canadians buy Canadian made cars. You have to remember we are on the same team, North America.
That is the think😂.every Japanese or European car manufacturer has its north American production,employing hundreds of thousands of people.the problem is the world don't want to buy American cars or other goods
@M.Đ-z4u the problem with American made stuff is it's to expensive take apple as an example it's like a $1000 a phone, when I can I get a Samsung, huawei, xiaomi or honor phone for half that price, lower the costs of the products Americans make then it will sell overseas.
I like this guy already! Trump created a fantastic economy for mid class in 2016 & he will do it again! My husband asked me to do whatever I could to get him elected again. I did & he won. My hub passed b-4, he could see him win again
Made in America store my ex's uncle was in the welding business well still is but it almost went to crap so his idea to keep it going was to open another store and he opened the made in America store because he says there isn't any stores that just sell American made product 100%.
Ford prices gradually went expensive because of the price gauges of materials by foreign countries who control those materials because lack of tariffs for 50 years.
@@mkram2154 that is not true at all for like the rest of them moved over the southern border to save on labor cost, but yet your price went up make that makes sense
The reason we tolerate tariffs from Japan and Germany so we can continue to keep our strategic military bases in their country. We've been an occupying force IN THEIR COUNTRY SINCE WW2. Now that USA military installations are being closed in these countries, let's stop funding their governments and implement tariffs. Freedom isn't free and neither are our products nor tax dollars.
They are being PROTECTED by U.S.!!! NOT ONLY for FREE but they are getting FREE money! We are 100% ripped off 🇺🇸. We have been STUPID to allow this to happen to our country.
We also have to least those bases in foreign lands, we are not occupying those bases for free. We pay Germany, Japan, and 78 other countries to be there. So if we are protecting them on our dime why should we also give them favorable trade deals leading to trade imbalances.
@@joeclaridy The US is not protecting anyone at all with their bases. The whole purpose of putting foreign bases in other people's countries is to spread the targeting, so fewer missiles hit the Continental USA. Those countries are protecting the US because they have treacherous leadership who take their orders from Washington.
No the reason is we have to given them incentive to do trade with us. China is cheaper. Making it more expensive to do business with the US is financial suicide. 🤦♂️
Tariffs could huge creating jobs in America. Not just autos but all the small engine manufacturing. ATVs, UTVs, tractors, lawn mowers, all that stuff. Create more jobs here please.
@@enerpro2955 They're only low-paying because of "undocumented" workers, which prevented the laws of supply and demand from working, leading to suppressed wages. SMH.
There are Chinese skid steer machines that cost less than half the price of John Deere and similar brands, so those U.S.-made machines will need to be both more efficient and cheaper to remain competitive globally otherwise there will be only for us consumption
My daugher told me not long ago that my oldest grandson still fears (respects) me. This comes from when they were young (3, 6 & 7) I warned them about "when I say something I mean it". The oldest is now 23 with his own family, and he has warned his oldest son (now3) that great-grandpa doesn't threaten, he warns of consequences, means what he says, and will fulfill his "promises". Didn't have to repeat myself and only had to punish them once to set the obedience standards I live to. ❤
@@almerino3497 Why lie? There was a short fall of 1.3 billion, not 30. If they are so bad, how come Biden left them in place? And Soybean and corn farmers endorsed Trump for a reason. You're grasping at straws. Keep helping the dumbocrats push false propaganda, it'll be a long time before the Dems win a majority in anything nevermind the presidency 😂
Both yes and no. US wont receive excess savings to feed its capital markets, so higher interest rates and more expensive to fund investments When you hear PDB it sounds like there is no price to the changes. Europe might want to implement capital restrictions in order not to receive the US inflation in export gift. So there is an upside and a downside and I havent heard one single American mention the downsides. It will benefit low income, but hurt high income
No, we don’t. Negotiators have leverage. What leverage does Trump have? Saying America is already expensive to do business with and then raising them when China makes everything and is 50 times cheaper to do business with? Good luck with that!
Is very naive to assume that the US doesn’t have brilliant economist and diplomats and that Trump who is not an economist or knows shit is just going to make a few phone calls and rearrange international trade with our partners in favor of the US.
@@garyyoung3179 Interesting that you'd state an opinion and not back it up or state specifics. Clearly they do a load of research on each of the topics they discuss. Maybe say something instead of just spewing garbage, that way it allows others to do their due diligence and look into your claims instead of just "trust me bro"
@@brandonlambert8021 It's pretty obvious. If you're going to talk about tariffs and overseas car markets you would have thought they would have checked into that situation instead of just making up figures. Ford and GM have been amongst the top selling vehicles in Europe for over 100 years . The European import tariff for US made vehicles is 10%. The US import tariff on European cars is 2.5% and 25% on vans and light trucks. As of November 2024, the top-selling cars in the UK are: Ford Puma: The best-selling car in the UK in 2024, with nearly 3% of all new cars sold this year being a Puma. Kia Sportage: The most popular car in October 2024. Nissan Qashqai: The third best-selling car in the UK in 2024. Nissan Juke: The fourth best-selling car in the UK in 2024.
I remember Reagan first term. It took about a year and a half for Reagan policies to change the economy for the better. Half our towns in northern Ohio were laid off. I knew families , the dads were mowing lawns and doing newspaper routes to pay their bills. They kept their dignity throughout the Carter administration debacle. But there was a light at the end of the tunnel with Reagan. Hard times but we knew would make it.
Tom is a bootlicking trump apologist!!! The conservative icon thomas sowell knows that tariffs are disastrous!!!! That's why trump had to give nearly $30b in welfare payments to farmers!!
As a Canadian I love the discussion. Already moving to Tennessee in a couple months but would still like to see an actual union of some sort between USA and Canada.
Geraldine Ann Philip understanding the market indicators is impressive. She knows exactly when to enter and exit trades for maximum profits. her siignals are top notch
As a beginner, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Geraldine Ann Philip’s . for years and highly recommend her I focus on her .
I would really love to buy a Ford Mustang as a resident of the Netherlands, but it's not just the tariffs that are the problem. American car manufacturers don't make cars tailored to the European market. Ford has been selling cars in Europe for decades, but for example, the emissions of a Mustang are so high that importing a 2017 Mustang comes with higher import costs due to the poor emissions of this particular model. Even a Ferrari 488 is cheaper to import into the Netherlands from Germany than that Mustang. As I said, as long as American car manufacturers do not adapt their offerings to the European market, there is little future potential for their car brands in Europe.
@@OmniscientVirtuosity Use your brain. As long as American cars are not tailored to the European market, there is no future for American brands. This will impact employment in the American automotive industry. What I’m saying is directly correlated with your economy.
@@OmniscientVirtuosity This is one of the stupidest replies I've ever seen. Selling cars in Europe would allow American car manufacturers to expand there market increasing jobs and helping the US economy.
@@levon8262 american economy doesnt need to tailor to EU markets. We have 300+ million people living here. We need to create a competitive market for Americans. Not for the world. The point isnt selling overseas, it would be a cool by-product but not likely result. The desired result is to prevent American companies outsourcing labor overseas in different markets and bringing those jobs back home and build back our cities.
Remember when everything that Walmart sold was made in USA. The quality was better and cheaper. Walmart was smaller and still they made plenty of money.
Year 1 Deflation agenda - end wars, cut gov spending, cut gas prices, downsize gov, mass deportations, mass deregulation. Year 2 Inflation agenda - MAHA regulation, tax cuts, tariffs, interest rate cuts
They want American trucks in Europe, Asia and all over the world. However, it is not practical bc those places don't have large roads amd parking lots as in the u.s. I mean, look even those countries presidential motorcades, you don't see 3 rows SUVs in the convoy as in the u.s. Trump fanatics are delusional. They risk to just isolate the u.s in some way
@@dakotathompson8062 I’m from Europe ireland actually and me and my family have drivin Ford for ever! Tge Ford transit has been in Europe for decades long before it was sold here in the US. I believe he is correct about the tariffs being a good idea but he’s wrong about Ford in Europe. Literally one of the most popular brands there .
@@dakotathompson8062 No, PBD just made that up to fit their political narrative. Ford is highly successful in Europe, despite the competition. For example, the best-selling car in the UK is a Ford.... and the import duties are not 100%, are 10% ...
Love you guys! Been watching since some time already. Cannot belive am Living this time pf History. Its Crazy. Cannot wait to make it like you guys. Ill do my Best.
It seems that some here in the USA want to pander to Europe and the fact is that most of us here in the USA maybe our ancestors left Europe for several good reasons and we owe them nothing. make America great again
Willing to pay only 1 percent tax from my income to help government to function..but need to completely get rid of tax break to all ...businesses and personal..Remove all irs and replace with A I..
Might make Americans pay less! 😂😂😂😂 Tariffs benefit only corporations forcing the competition out of business by making their products more expensive no benefits for the consumer .
If the consumer isn't American maybe 😂. Americans will have more money to buy those things. Not to mention that even without tariffs those prices would still rise so why not get something out of it 😂
I work very closely with the BMW facility here in SC. Let me assure you, they are no where near considering lay offs. In fact they just expanded this plant to produce MORE cars.
Tariffs are very complicated. There are cases where it can result in products being manufactured in the USA I stead of China, however there are cases where that is still too expensive and the company will just continue to buy from China and just pass the rising costs on to the consumers. It’s very difficult to say what each company in each industry will do and how they’ll react.
The one thing no-one talks about is that China has 1.4 billion people. 800 million of them are living in poverty. That's the reason things are in their favor. So they can produce more product and jobs. No one talks about the human aspect of caring. The U.S. is so lucky to be such a prosperous country because of location and history.
Hey PBD. im an avid fan from philippines and i dont know why i keep listening to US politics and why it moves me with your comments towards trump and futurre plans. i wish i could some of those merch PBD! ❤
2:20 BS from Lutnick and PBD? There is not a 100% tariff on American cars. Europe has a basic tariff for cars of 10 percent and the United States has a 2.5 percent tariff. ~ NY Times Jul 4, 2024.
On the extreme end, some countries like the Bahamas have no income tax because the government if fully funded by tariffs (import taxes), but they pretty much import everything. There has to be a balance and definitely strategically negotiated, but tariffs can be used to help balance the budget, replenish retirement social security, and lower income taxes! I would ever rather prices go up a little on crap we don't need and have lower income taxes.
Probably should've used a different example regarding Germany and cars when it comes to the US. When the average price of a Ford is $55K, it's hard to make the case that they are cheaper and better.
If they'd actually bothered to do some research they would have discovered that the actual tariff on US made cars is only 10%. Whilst the US has an import tariff of 25% on European light trucks. Ford and GM have been manufacturing and selling cars in Europe for over 100 years and consistently have been amongst the top selling vehicles.
Ford successfully sells cars in Europe, which is a highly competitive market. When importing a car from the USA to Europe, there is a 10% import duty, not 100%. The biggest challenges that American manufacturers face when importing to Europe are the stricter standards that are much higher than those in the USA.
@@originaltruths2305 Ford and GM have been among the top selling cars in Europe for over 100 years. Just the European line of vehicles is designed and built in Europe to meet the European markets requirements in terms of size and gas mileage. As of November 2024, the top-selling cars in the UK are: Ford Puma: The best-selling car in the UK in 2024, with nearly 3% of all new cars sold this year being a Puma. The Puma is a compact crossover with a well-made interior, practical features, and a 90-liter underfloor storage area. Kia Sportage: The most popular car in October 2024. Nissan Qashqai: The third best-selling car in the UK in 2024. Nissan Juke: The fourth best-selling car in the UK in 2024.
After all the rumors XAI93W is in 2024 on the first stage and there won't ever be an entry like that one I am seriously amazed by their vision and forward movement
If you call all Americans offsea assets like military installations and stop spending stupid amounts of money, maybe in 100 years, America can pay their debt of 32 trillion
Prices will definitely go up, not because of tarifs, but because of money creation of the FED. It's lower interest rates that makes borrowing cheaper which makes money creation bigger. Tarifs do not much for higher prices.
Venturing into crypto as a newbie was very difficult due to lack of experience which resulted in loosing funds... But Mary Jane, restored hope shes a good woman
Japan has no tariffs. EU - US motor vehicle exporters face EU tariffs averaging 8.0 percent, including tariffs of 10.0 percent on finished vehicles and 3.0 percent to 4.5 percent on most parts
The tariff for cars imported into the EU from the US, is 10%. The tariff on cars imported from the EU into the US is 2.5% but 25% for bigger vehicles, like SUVs and trucks.
The amount of people that really don't understand how tariffs work in a global economy is dumbfounding. Now I understand the phrase "I love the poorly educated." and how he was able to fooled you twice. When the USA was the biggest market back in 19th century tarrifs worked. We are in a global economy and those penny shops will never be back in the USA.
These guys are perhaps the dumbest political/economic pundits on TH-cam Even the most venerated conservative icon thomas sowell knows tariffs are disastrous!!! 😂😂😂😂😂 The host is a former MLM insurance scammer!!! Coffeezilla exposed his sleazy MLM
Absolutely great idea. I’ve been saying this for a while. If done correctly, DOGE and tariffs can make it possible that we don’t get taxed at all!! I’m all for it!!
Tom is such an awesome team member. I love listening to him!
He should have the floor more. Adam should be gone and Tom speaks more.
The tarriff plan will evidently lead to high inflation, the high inflation is a significant reason why most retirees have sleepless nights. The increase in prices of everyday items puts them at risk of running out of money. As prices rise, the amount of money retirees can withdraw from their retirement savings also increases.
The increasing prices have impacted my plan to retire at 62, work part-time, and save for the future. I'm concerned about whether those who navigated the 2008 financial crisis had an easier time than I am currently experiencing. The combination of stock market volatility and a decrease in income is causing anxiety about whether I'll have sufficient funds for retirement.
This is precisely why I like having a portfolio coach guide my day-to-day market decisions: with their extensive knowledge of going long and short at the same time, using risk for its asymmetrical upside and laying it off as a hedge against the inevitable downward turns, their skillset makes it nearly impossible for them to underperform. I've been utilizing a portfolio coach for more than two years, and I've made over $800,000.
Please can you leave the info of your lnvestment advsor here? I’m in dire need for one
Annette Christine Conte is the licensed advisor I use and i'm just putting this out here because you asked. You can Just search the name. You’d find necessary details to work with to set up an appointment.
I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.
The simplest yet most profound explanation of tariffs I have ever heard.
We need to eliminate annual property taxes
Those are local taxes. Talk to your mayor. Also.. good luck paying teachers, garbagemen police and fireman with no tax dollars.
All the people that hate socialism always say no more taxes so in reality they want everything for free do Who likes socialism
@@Supafly1906They are funded by local permits, business permits, local sales tax, local business taxes, traffic and parking tickets, parking fees, there are a lot of fees and permits and penalties that can fund state teachers, local police and firefighters and local government units.
@Supafly1906 one time tax when you buy your property and the rest should come out of your annual income
I'd review their spending and how much comes in. Is there a lot of waste? Could the money be obtained thru sales taxes?
As a German, I didn't know exactly, although I've known all my life that American cars are very expensive here, otherwise lots of people here would be driving Mustangs. It has to be fair. If we impose 100% punitive tariffs, I demand that the USA also imposes them on our products. There is only one thing that is fair and right, free competition should regulate itself.
If they raised taxes on German engineering, I will still purchase from Germany. American vehicles are terribly made
Not true.
There are lots of ford cars that are sold at very competitive prices in europe. These are typically smaller cars like ford fiesta, ford focus etc
Cars that are expensive in Europe are the ones with poor gas mileage, high co2 emmissions, poorly engineered. Lets say your typical american car.
Governments try to discourage buying these cars because they are not environment friendlly.
So Hector you will pay double the price for a German car in that case? Yeah right !! And to both of you, American cars, mustang for instance with 5.0 happens to be on the edge of engine technology and our emissions standards are not the reason. They sell far more European cars due to high tariffs in turn is more $$ for their country , has nothing to do with emissions. Any American car would have to meet European standards, duh !!
Many European gear heads would absolutely love to have a mustang performance industry over there. Personally I drive Ford Super Duty and die hard Ford guy, but also a die hard BMW guy for foreign autos, I drive a BMW X5 M as well. And will absolutely not pay 100% tariffs on a vehicle from Germany that is already north of $100k.
@@jamesmiddleton660 I started out working with Ford, AMC, Jeep, Renault, went to Nissan/Datsun, Toyota all parts inventory, some parts sales,until I became the only girl selling BMW parts at a BMW/Ferrari Dealer that could help the owners of EU cars shipped here that were not the models made specifically to ship to the USA, and the only one that knew all the BMW Dinos like the old 2002s, Baverias, M3 EU Only Model because the microfilms were all in German and the guys were lazy, Besides I had those guys looking for spark plugs on diesels, muffler bearings, and carburetor parts on cars with airflow meters, and 1 guy was dumb enough to try to send a water pump out to one of my big wholesale customers without a gasket, lol! The guy that owned the first M3 shipped to the US DFW, TX even brought his Middle East wife to meet me and later sent me a glossy Kodak 24 x 48 Photo to thank me for always finding the parts he needed because he knew I loved his car. The problem with most cars made today is they keep adding more electrical monitoring systems. As far as American made cars go, most of the engines are made in Japan or with Japan parts. All this tariff stuff will get sorted out. Trump is no fool and he has given his warning to allow these countries plenty of time to decide how they want to negotiate. Myself, being a cowgirl and motorcycle driver prefer to drive one of our Dodge Rams. I like the oldest truck, the diesel long bed crew cab 4wd 2500 the best!
Stability is a result of our economy's struggles with uncertainty, housing issues, foreclosures, global volatility, and the pandemic's consequences. To restore stability and promote growth, all sectors must respond quickly to concerns about growing inflation, slow growth, and trade disruptions.
Consider hiring financial advisors, estate planners or tax experts. They can provide specialized knowledge and help you navigate complex financial decisions.
Having an investment advisor is currently the best way to approach the stock market. I was going alone, but it wasn't working. I've been working with an advisor for a while now, and last year, I achieved over 85% capital growth minus dividends
This is definitely considerable! think you could suggest any professional/advisors i can get on the phone with? i'm in dire need of proper portfolio allocation
Certainly, there are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’Melissa Terri Swayne’’ for about two years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.
I just googled her name and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a call.
This guy was so plain spoken and articulate it was mind blowing to hear it explained so powerfully. Excelsior Sir
@@durge2514 you are not well informed tariffs Wont make you save money as a consumer ( . )
yeah, great propaganda from someone who doesn't live in the real world. Love it...
@Liofigsguitar you forget he used tariffsin 2016, with some still in place. Just wait and watch. Are you one of them that thought Harris/ Waltz was going to win? You are thinking of tariffs in general not picking and choosing who to go after. John Deere is a prime exsample.
Wtf r u worried about tarrifs we are on the verge of being in a nuclear war with Russia. There won't be anything left of an American economy.
He said tariffs in imported American cars are 100% but in reality they’re 10% and exporting to a European market has many caveats, it’s a lot more nuanced than this.
Isn’t it amazing ,, we finally have a president who cares about us !!
Back in 2017 Australia stopped making one single car due to the introduction of zero tariffs. Every pickup bought in Australia after that was built in Thailand. Thailand has a 300% tariff on imported cars and an auto worker makes about $500 per month. The mental Australian Government obviously believed that we should have competed with huge wages, holiday pays, sick leave, maternity leave, work cover insurance, short hours, huge penalty rates, whilst Thailand and others have none of this. LISTEN TO ME, anyone who opposes Trump on this, hates your country or they are dumb beyond belief. There is no such thing as a free lunch and there is no such thing as FREE Trade.
Sounds like a bot.
Wdym @@TheConboy22
Trump's tariffs are going to crush the US economy and anyone who supports his economic policies hates the USA. Free trade is why Americans enjoy the high standard of living they currently do.
@@TheConboy22 na he's right. We are obsolutely f'd here. We dont make anything even though we are mineral, resource and agriculutrally rich. This gov outsources everything to two companies in each industry. We have duopoly's every where.
The trade imbalance has always gone against the United States.
Buy American.
It costs more, but it lasts much longer and the money you save by not buying the same garbage Chinese priducts over and over will save money in the end.
I'm wearing a garbafe set of new sweat pants from China, and the pocket is ripping out after less than ten times wearing these.
Unfortunately I bought several pairs because the price was cgeap at Walmart.
Meanwhile the nuce pair I bought three years ago, and have worn many many times still looks fantastic and has had no issues whatsoever.
I remember when textile mills were everywhere.
We sent them overseas, and shut down many of our factories.
Tough parent all the way. Great convo on Tariffs more people need to understand the concept
I work in electronics. You pay the tariffs. China does not. We buy the parts from China because there are no other options and we have to pass the price onto consumers. You are talking 50-60 years of building capacity to make these parts that require rare earth minerals that America is completely devoid of. Now, America is already behind. So you have to still do trade with the world because people aren’t going to sit around for 50 years and wait and we have to have the resources to build infrastructure and make parts. So then that’s 50 years of paying high prices because they will absolutely intact their own tariffs in retaliation AND massive investments to build the capacity. Where is that money going to come from??? Meanwhile, people cut the US out because China already makes what they want and America has made it too expensive to deal with us… Trump is a simpleton that doesn’t get it at all. He is going to tank our economy.
@@slipspectrum9253 These people don't even understand analogies, they won't understand how bad tariffs are until they start looking at their receipts. Trump voters are like kids who want to touch a hot stove even though you warn them it'll hurt
Unfortunately ordinary people have ordinary chimpanzee brains so they dont understand it.
@@slipspectrum9253I've been in the semiconductor field for 20 years you really don't know what you're talking about🎉 I'm guessing you mean you sell electronics at Best Buy🎉 the targets are made in America Samsung has huge plants all over America but they're kept secret because there's hundreds of millions of dollars worth of precious metals in them🎉 and with Praxair Linde we actually had to open a place in Japan just to restamp made in Japan because China hated made in America🎉
People understand IMporters pay the cost and pass it to consumers. thats business 101 but these guys are always making up ways to justify bad republican policy and NEVER respond to criticism when they are wrong
As a new father, I love the advice PBD gives on parenting. Being a great father is the best thing about him!
Howard Lutnick makes it easy to understand the benefits of tariffs. Awesome video 👍👍👍
And yet he was not given the SEC OF TREASURY job that he so badly wanted! 😂😂 😂😂😂😂
Thomas Sowell, the conservative icon,
100% disagrees with tariffs!!!
And when he says “we’re gonna make a lot of money”, that will be paid by the American consumer. It is inflationary.
@robertevansiii1445 yeah that got me too, "we're going to make a bunch of money"....who?
@@sevensages5279conservatives are for free trade. Republicans are clearly not.
I will NEVER shop at Target!! And now they will be forced to build in America!! Oh geez American jobs and American products WHAT A CONCEPT!!! Just think an INDEPENDENT AMERICA!!!
Great show! I really enjoy listening to Tom and was happy to see him go on with his bad self uninterrupted 🎉
Great program, 👍 thank you for your contribution of important information 😊
Every country that has tariffs on US goods must have equal tariffs applied on them. The biggest offender is Canada. Why is my BMWx5 made in southcarolina but a Ford is made in Canada? Its bonkers.
Remember we buy American cars. Lots of them. If theUSA ruins our car industry that currently works in partnership with the USA. We will not buy American cars. We are the USA number one trading partner. You play the tariff card on is we will use the same on you. Everyone will. Nobody in Europe wants American cars because they are substandard to Toyota, Honda, Volvo. European cars are bought by Europeans.No different then Americans buy American cars and Canadians buy Canadian made cars. You have to remember we are on the same team, North America.
I too think tariffs should only be in reciprocity.
That is the think😂.every Japanese or European car manufacturer has its north American production,employing hundreds of thousands of people.the problem is the world don't want to buy American cars or other goods
USA has tariffs on EU already. Don’t think that watching right wing media is equal to doing research.😂
@M.Đ-z4u the problem with American made stuff is it's to expensive take apple as an example it's like a $1000 a phone, when I can I get a Samsung, huawei, xiaomi or honor phone for half that price, lower the costs of the products Americans make then it will sell overseas.
Good video. PBD’s children will undoubtedly be great adults because of good parenting.
I like this guy already! Trump created a fantastic economy for mid class in 2016 & he will do it again!
My husband asked me to do whatever I could to get him elected again. I did & he won. My hub passed b-4, he could see him win again
My father in law wanted trump so bad to win as well this year and he passed away as well. Rip to your husband and comfort to you as well.
🙏bless you sorry for you loss
🙏
He's a tiny hat, don't trust him
My condolences ma for ur loss RIP to ur husband he had a brave heart
Remember, Walmart was originally marketing to us as Made in America. They lost their way. Bring it back.
Have fun making pennies at the ball point pen factory.
Yeah all that shit was made in China and “assembled” here so they could lie to us.
Made in America store my ex's uncle was in the welding business well still is but it almost went to crap so his idea to keep it going was to open another store and he opened the made in America store because he says there isn't any stores that just sell American made product 100%.
I don't care about making ford rich.. their prices already crazy
Ford sells cars in Europe that are made in Europe so why should they want to ship cars to Europe?
It’s not about making Ford rich. It’s about protecting US interests and making USA rich.
Ford prices gradually went expensive because of the price gauges of materials by foreign countries who control those materials because lack of tariffs for 50 years.
@@mkram2154 that is not true at all for like the rest of them moved over the southern border to save on labor cost, but yet your price went up make that makes sense
@@gametestinglab8861. And jobs in the US.
The reason we tolerate tariffs from Japan and Germany so we can continue to keep our strategic military bases in their country. We've been an occupying force IN THEIR COUNTRY SINCE WW2. Now that USA military installations are being closed in these countries, let's stop funding their governments and implement tariffs. Freedom isn't free and neither are our products nor tax dollars.
They are being PROTECTED by U.S.!!! NOT ONLY for FREE but they are getting FREE money! We are 100% ripped off 🇺🇸. We have been STUPID to allow this to happen to our country.
We also have to least those bases in foreign lands, we are not occupying those bases for free. We pay Germany, Japan, and 78 other countries to be there. So if we are protecting them on our dime why should we also give them favorable trade deals leading to trade imbalances.
@@joeclaridy The US is not protecting anyone at all with their bases.
The whole purpose of putting foreign bases in other people's countries is to spread the targeting, so fewer missiles hit the Continental USA.
Those countries are protecting the US because they have treacherous leadership who take their orders from Washington.
No the reason is we have to given them incentive to do trade with us. China is cheaper. Making it more expensive to do business with the US is financial suicide. 🤦♂️
USA also applies tariffs on goods from Japan and Germany ... In regards to cars, the import duty is the same!
Tariffs could huge creating jobs in America. Not just autos but all the small engine manufacturing. ATVs, UTVs, tractors, lawn mowers, all that stuff. Create more jobs here please.
@@jamiefender72 well, soon there should be millions of New low-paying quality jobs available! 🤣🤣🤣🤣
@@enerpro2955🤡
@@enerpro2955 They're only low-paying because of "undocumented" workers, which prevented the laws of supply and demand from working, leading to suppressed wages. SMH.
There are Chinese skid steer machines that cost less than half the price of John Deere and similar brands, so those U.S.-made machines will need to be both more efficient and cheaper to remain competitive globally otherwise there will be only for us consumption
Lazy entitled Americans make mediocre stuff though. I just don't want chinese crap!!
My daugher told me not long ago that my oldest grandson still fears (respects) me. This comes from when they were young (3, 6 & 7) I warned them about "when I say something I mean it". The oldest is now 23 with his own family, and he has warned his oldest son (now3) that great-grandpa doesn't threaten, he warns of consequences, means what he says, and will fulfill his "promises". Didn't have to repeat myself and only had to punish them once to set the obedience standards I live to. ❤
Tariffs is temporary pain trump will negotiate a deal that will benefit the US. More jobs will be created here in the USA.
Like how his tariffs bankrupted soy and corn farmers? To the tune of 30 billion is that how it will benefit America?
@@almerino3497 That's a different situation. I'd have to do more research, but this isn't the same. Times are different, strategy is different.
Then all the layoffs when the cycle ends and goes back to a democrat president lol
@@almerino3497 Why lie? There was a short fall of 1.3 billion, not 30. If they are so bad, how come Biden left them in place? And Soybean and corn farmers endorsed Trump for a reason. You're grasping at straws. Keep helping the dumbocrats push false propaganda, it'll be a long time before the Dems win a majority in anything nevermind the presidency 😂
Both yes and no.
US wont receive excess savings to feed its capital markets, so higher interest rates and more expensive to fund investments
When you hear PDB it sounds like there is no price to the changes.
Europe might want to implement capital restrictions in order not to receive the US inflation in export gift.
So there is an upside and a downside and I havent heard one single American mention the downsides.
It will benefit low income, but hurt high income
Back in the day...tariffs and levys were the only way to fund Federal Government. No personal income tax!
Loved this show. You guys are great!!!
We have a NEGOTIATER in CHIEF
No, we don’t. Negotiators have leverage. What leverage does Trump have? Saying America is already expensive to do business with and then raising them when China makes everything and is 50 times cheaper to do business with? Good luck with that!
His negotiation failed in 2017. He crushed our exports, had to bail out farmers, and American consumers paid the price. Quit drinking the kool aid
Is very naive to assume that the US doesn’t have brilliant economist and diplomats and that Trump who is not an economist or knows shit is just going to make a few phone calls and rearrange international trade with our partners in favor of the US.
A negotiater in chief that didn't even know that Ford and GM vehicles have been amongst the top selling vehicles in Europe for over 100 years lol
Merry Christmas Merry Christmas Merry Christmas !!!!! I love Christmas 🎄 🎅🎅🎅
By far my favorite podcast, try to watch every episode. Always interesting and enlightening.
They’re just Trump propagandist , do your own research and you’ll find out how much they’re lying. Don’t be so naive
Shame they were too lazy to do any research and made fools of themselves.
@@garyyoung3179 Interesting that you'd state an opinion and not back it up or state specifics. Clearly they do a load of research on each of the topics they discuss. Maybe say something instead of just spewing garbage, that way it allows others to do their due diligence and look into your claims instead of just "trust me bro"
@@brandonlambert8021 It's pretty obvious. If you're going to talk about tariffs and overseas car markets you would have thought they would have checked into that situation instead of just making up figures.
Ford and GM have been amongst the top selling vehicles in Europe for over 100 years . The European import tariff for US made vehicles is 10%. The US import tariff on European cars is 2.5% and 25% on vans and light trucks.
As of November 2024, the top-selling cars in the UK are:
Ford Puma: The best-selling car in the UK in 2024, with nearly 3% of all new cars sold this year being a Puma.
Kia Sportage: The most popular car in October 2024.
Nissan Qashqai: The third best-selling car in the UK in 2024.
Nissan Juke: The fourth best-selling car in the UK in 2024.
If you respect conservative economists, the highly respected conservative Thomas Sowell says tariffs are disastrous!!!
His videos are on TH-cam
I remember Reagan first term. It took about a year and a half for Reagan policies to change the economy for the better. Half our towns in northern Ohio were laid off. I knew families , the dads were mowing lawns and doing newspaper routes to pay their bills. They kept their dignity throughout the Carter administration debacle. But there was a light at the end of the tunnel with Reagan. Hard times but we knew would make it.
Tom wasn’t playing any games today #ShotsFired 😂😂❤
Tom is a bootlicking trump apologist!!!
The conservative icon thomas sowell knows that tariffs are disastrous!!!!
That's why trump had to give nearly $30b in welfare payments to farmers!!
As a Canadian I love the discussion. Already moving to Tennessee in a couple months but would still like to see an actual union of some sort between USA and Canada.
Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in July 2024
⠀ She helped me recover what I lost trying to trade myself
Geraldine Ann Philip understanding the market indicators is impressive. She knows exactly when to enter and exit trades for maximum profits. her siignals are top notch
As a beginner, it's essential for you to have a mentor to keep you accountable. Myself, I'm guided by Geraldine Ann Philip’s . for years and highly recommend her I focus on her .
This sounds so good and I would like to be a party to it, is there any way I can speak with her?
❤❤❤❤ 😂😂😂 the parenting groups. It’s the best!!!
I would really love to buy a Ford Mustang as a resident of the Netherlands, but it's not just the tariffs that are the problem. American car manufacturers don't make cars tailored to the European market. Ford has been selling cars in Europe for decades, but for example, the emissions of a Mustang are so high that importing a 2017 Mustang comes with higher import costs due to the poor emissions of this particular model. Even a Ferrari 488 is cheaper to import into the Netherlands from Germany than that Mustang. As I said, as long as American car manufacturers do not adapt their offerings to the European market, there is little future potential for their car brands in Europe.
Who cares? We care about us.
@@OmniscientVirtuosity Use your brain. As long as American cars are not tailored to the European market, there is no future for American brands. This will impact employment in the American automotive industry. What I’m saying is directly correlated with your economy.
@@OmniscientVirtuosity This is one of the stupidest replies I've ever seen. Selling cars in Europe would allow American car manufacturers to expand there market increasing jobs and helping the US economy.
@@OmniscientVirtuosity you aren't the sharpest tool in the shed thats for sure
@@levon8262 american economy doesnt need to tailor to EU markets. We have 300+ million people living here. We need to create a competitive market for Americans. Not for the world. The point isnt selling overseas, it would be a cool by-product but not likely result. The desired result is to prevent American companies outsourcing labor overseas in different markets and bringing those jobs back home and build back our cities.
Excellent content & better than legacy media!
Pro Tariff grandma
here 😊
Trump needs to stop ALL funding to ALL NGOs
I would do that deal all day, every day, 24/7. Amen to that brother!
Tariffs = Leverage
Definitely
Especially so since everyone wants to sell in our market.
against the consumer, ... price hikes from taxes and tariffs are always passed onto the consumer.
@@geoxephfacts they will find out soon there just listen to these rich people that won’t be affected
Not when other countries now have options example like China did with Brazil
PBD Merry Christmas 🎄
AMERICA FIRST 👏👏
Except when it comes to Israel!
You Guys Are Great!😊
Wal-Mart is raising prices because they are Wal-Mart. Wal-Mart won't lose money , you will. Wal-Mart makes plenty of money.
Fuck Walmart bring back mom and pop stores
And yet barely any cashiers.
Stores can only charge so much. Do you really think they don't currently try to charge as much as they can for items without them sitting???
Wrong if Walmart raises prices they lose business and their stock goes down.
Remember when everything that Walmart sold was made in USA. The quality was better and cheaper. Walmart was smaller and still they made plenty of money.
Love your show
PBD I LOVEEE how you parent! Thanks for shareing your story about your Baby Girl
Year 1 Deflation agenda - end wars, cut gov spending, cut gas prices, downsize gov, mass deportations, mass deregulation.
Year 2 Inflation agenda - MAHA regulation, tax cuts, tariffs, interest rate cuts
We love Tom especially when he is on a roll and fired up go get them Tom
Ford's are sold all over Europe. So this notion Ford or GM are not available in Europe is nonsense and they're not heavily taxed either.
They want American trucks in Europe, Asia and all over the world. However, it is not practical bc those places don't have large roads amd parking lots as in the u.s. I mean, look even those countries presidential motorcades, you don't see 3 rows SUVs in the convoy as in the u.s. Trump fanatics are delusional. They risk to just isolate the u.s in some way
You just make that up?
@@dakotathompson8062 I’m from Europe ireland actually and me and my family have drivin Ford for ever! Tge Ford transit has been in Europe for decades long before it was sold here in the US. I believe he is correct about the tariffs being a good idea but he’s wrong about Ford in Europe. Literally one of the most popular brands there .
@@dakotathompson8062 EU import duties on normal cars are 10%, trucks 22%. Took me 15 sec. on Google.
"Fake News" even if its easy to verify.
@@dakotathompson8062 No, PBD just made that up to fit their political narrative. Ford is highly successful in Europe, despite the competition. For example, the best-selling car in the UK is a Ford.... and the import duties are not 100%, are 10% ...
How sad is it that the other
News Commentaries had Zero idea of how Tariffs Really Work
😅😮😢😂
Love you guys! Been watching since some time already. Cannot belive am Living this time pf History. Its Crazy. Cannot wait to make it like you guys. Ill do my Best.
We need manufacturers in America that makes us Stronger
Yeah it's so simple.
Damm I was a military style parent when the kids were under 10. Was able to ease up after 10 because they understood the assignment
Great comments and conversation, but even better excelente explanation on tariffs Thank you guys
It seems that some here in the USA want to pander to Europe and the fact is that most of us here in the USA maybe our ancestors left Europe for several good reasons and we owe them nothing. make America great again
All I see are pro-trump conservatives championing Toyota trucks (asian vehicles)and European cars, but will never buy American cars. Btw I drive gm
Thank you
Willing to pay only 1 percent tax from my income to help government to function..but need to completely get rid of tax break to all ...businesses and personal..Remove all irs and replace with A I..
Might make Americans pay less! 😂😂😂😂 Tariffs benefit only corporations forcing the competition out of business by making their products more expensive no benefits for the consumer .
These rich talking heads are leading there peasants to the slaughter 💯
Then again enriching a country like China using their peasants to make their non tariff goods might be a greater threat!!
@@michaelthomas229 PBD is a known 2-bit MLM huslter!!
Patrick bet-he-is-a-fraud ran a sleazy MLM and Coffeezilla exposed it !
If the consumer isn't American maybe 😂. Americans will have more money to buy those things. Not to mention that even without tariffs those prices would still rise so why not get something out of it 😂
PEOPLE NEED TO WAKE UP AND REALIZE THE WORLD IS TAKING MONEY FROM US!!
Quotable Quote: This is the concept of pow-pow! Love it!
I'm not buying the claim there is 100% tariff on US Auto's in Europe/Japan. Going to need to see some proof on that.
It is not correct. Europe has a 10% tariff on cars from US, US has a 25% tariff on Pickup Trucks from Europe
Everyone needs to hear this
No they don't as they were talking complete garbage. They were too lazy to do even the most basic research.
The art of the deal love you president trump ✝️🇺🇸
Trump didn't even write that book LOL
@ well I could so see, Harris negotiating with these other countries sure lmao 🤣
@@mikeberardi3985 And lets see what Trump does right? If past is proof, he's all talk.
@ sorry the election didn’t go the way you hoped 🥲
@mikeberardi3985 Awe, thanks! I'm very pleased that I'm not a weak & gullible GQP snowflake.🤣🤣🤡
I've been screaming for quid pro quo tariffs for 30 years. Past American presidents have all been failures in protecting US workers.
It’s time America helps itself and pay off our own debt, zero income taxes, make Americans rich.
They don't want Americans rich... They want themselves and their families rich only. Communist oligarchs
Trump's policies will explode the deficit and add trillions more to the national debt.
Lmaooo yall live in lala land
How does cratering government revenue help us pay off the national debt?
@@marksanchez7323 don't give a shit. Not my debt. We can take it out of Pelosi's capital gains
I work very closely with the BMW facility here in SC. Let me assure you, they are no where near considering lay offs. In fact they just expanded this plant to produce MORE cars.
Tariffs are very complicated. There are cases where it can result in products being manufactured in the USA I stead of China, however there are cases where that is still too expensive and the company will just continue to buy from China and just pass the rising costs on to the consumers. It’s very difficult to say what each company in each industry will do and how they’ll react.
The one thing no-one talks about is that China has 1.4 billion people. 800 million of them are living in poverty. That's the reason things are in their favor. So they can produce more product and jobs. No one talks about the human aspect of caring. The U.S. is so lucky to be such a prosperous country because of location and history.
China values education, today America laughs at education. Education made America strong post WW2.
I live in Europe and I see ford cards everywhere....
Hey PBD. im an avid fan from philippines and i dont know why i keep listening to US politics and why it moves me with your comments towards trump and futurre plans. i wish i could some of those merch PBD! ❤
Don't want to buy a Jaguar anymore,, jaguars gone woke
Go ❤ Christmas DJT 👍
I so appreciate your discussions and informative shows.
Good work
2:20 BS from Lutnick and PBD? There is not a 100% tariff on American cars.
Europe has a basic tariff for cars of 10 percent and the United States has a 2.5 percent tariff. ~ NY Times Jul 4, 2024.
You're right there's a 1000% tariff. Shut it globalist
Partially true. US has a 25% tariff on Pickup trucks from Europe.
On the extreme end, some countries like the Bahamas have no income tax because the government if fully funded by tariffs (import taxes), but they pretty much import everything. There has to be a balance and definitely strategically negotiated, but tariffs can be used to help balance the budget, replenish retirement social security, and lower income taxes! I would ever rather prices go up a little on crap we don't need and have lower income taxes.
Probably should've used a different example regarding Germany and cars when it comes to the US. When the average price of a Ford is $55K, it's hard to make the case that they are cheaper and better.
If they'd actually bothered to do some research they would have discovered that the actual tariff on US made cars is only 10%. Whilst the US has an import tariff of 25% on European light trucks. Ford and GM have been manufacturing and selling cars in Europe for over 100 years and consistently have been amongst the top selling vehicles.
@gary
Why let a little thing like FACTS get in the way of their promoting propaganda 😂😂😂
Discipline is a weird one as a kid you never understand but in hindsight as a man you totally get it
Ford successfully sells cars in Europe, which is a highly competitive market. When importing a car from the USA to Europe, there is a 10% import duty, not 100%. The biggest challenges that American manufacturers face when importing to Europe are the stricter standards that are much higher than those in the USA.
american cars are few and far between in europe compared to the percent of european to american cars in america
@@originaltruths2305 Ford and GM have been among the top selling cars in Europe for over 100 years. Just the European line of vehicles is designed and built in Europe to meet the European markets requirements in terms of size and gas mileage.
As of November 2024, the top-selling cars in the UK are:
Ford Puma: The best-selling car in the UK in 2024, with nearly 3% of all new cars sold this year being a Puma. The Puma is a compact crossover with a well-made interior, practical features, and a 90-liter underfloor storage area.
Kia Sportage: The most popular car in October 2024.
Nissan Qashqai: The third best-selling car in the UK in 2024.
Nissan Juke: The fourth best-selling car in the UK in 2024.
Could it be that less US cars are sold in Europe is because they prefer small gas efficient ones , because fuel is quite expensive there???
Yeah just ask the farmers and soy beans sector...😂😂😂
Target prices are already high
You guys got my subscription
lol when you’re running for office you LIE so people understand you lol
😂
Great Job 🎉🎈🎊👋😁
How were American workers screwed by Washington for so long. Lutnick sounds like a great nominee. Great analogy Patrick.
And trump picks the other guy 😂😂😂😂😂😂
he said 100% but it's actually 10% to import an American car into the EU.
…and the US puts 25% tariffs on SUVs and trucks. The base tariff on all imported cars is 2.5%
After all the rumors XAI93W is in 2024 on the first stage and there won't ever be an entry like that one I am seriously amazed by their vision and forward movement
Bot
@RochaRules i don't get what the goal is with these simpleton bots
Could have picked better examples. The tariffs on US cars in Europe are like 10%.
People don't buy American cars because they have a bad reputation.
True, this channel spreads propaganda just to fit their political narrative, misinforming their audience
We need to eliminate income tax!
There is no such thing as 100% tariff on Us cars in EU! That's a blatant lie!
It's 10%.
PBD likes to BS his viewers...all the time.
He knows they won't fact-check.
@@TenthCrane2788- He also fails to mention the US has a 25% tariff on imported EU vans and pickups
Look up the price of a Ford Mustang in the usa and the price in the eu. 45% increase is high even if it's not "taxs or tariffs"
@@murphspub9333 mustang dark horse is $20,000 more in EU. So once again, there is no such thing as 100% tariffs on US cars
Merry Christmas
If you call all Americans offsea assets like military installations and stop spending stupid amounts of money, maybe in 100 years, America can pay their debt of 32 trillion
Thats why USA has a big debt. Its the world debt😮 OMG this shit about to crash 😂😂😂😂
Adam you needed the belt .
Prices will definitely go up, not because of tarifs, but because of money creation of the FED. It's lower interest rates that makes borrowing cheaper which makes money creation bigger. Tarifs do not much for higher prices.
Prices will quite literally be going up due to tariffs making them more expensive to import.
Man I was laughing hard when Tom said lick my ass in German to the chancellor of commerce 😂
Bitcoin hit up $97K. I'm favoured financially with Bitcoin ETFs approval, $25,000 weekly profit regardless of how bad it gets on the economy.
Some times last week I tried trading all alone but ended up loosing $3K😢
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God bless America❤
My portfolio has good companies. However, it has been stalling this year. I have approximately $70k stagnant in my reserve that needs growth.
Japan has no tariffs.
EU - US motor vehicle exporters face EU tariffs averaging 8.0 percent, including tariffs of 10.0 percent on finished vehicles and 3.0 percent to 4.5 percent on most parts
The tariff for cars imported into the EU from the US, is 10%. The tariff on cars imported from the EU into the US is 2.5% but 25% for bigger vehicles, like SUVs and trucks.
The amount of people that really don't understand how tariffs work in a global economy is dumbfounding. Now I understand the phrase "I love the poorly educated." and how he was able to fooled you twice. When the USA was the biggest market back in 19th century tarrifs worked. We are in a global economy and those penny shops will never be back in the USA.
These guys are perhaps the dumbest political/economic pundits on TH-cam
Even the most venerated conservative icon thomas sowell knows tariffs are disastrous!!!
😂😂😂😂😂
The host is a former MLM insurance scammer!!!
Coffeezilla exposed his sleazy MLM