It’s pitiful isn’t it? Talking like the Brexit idiots, yes, but how long will, it take for these ‘domestic ‘ companies to start up and have they got the experience and the equipment or will they have to source them from overseas. During Brexit a colleague said they thought Britain could be great again but kinda forgot that Thatcherism decimated British manufacturing 😱
As a Canadian, I'm shocked Americans want to pay 25% tax on the oil we ship everyday and the lumber etc. Hurricanes on the eastern seaboard every year just got more expensive. I'm sure insurance companies will pass on that expense to you though.
Herbert Hoover's great grandson over here! 😂 This guy thinks that tariffs are going to "drive prices down" when U.S. customers will have less options for whom to buy steel from. 🤔 Less competition means higher prices for everyone. Real life story example: What is the price for a 12 pack of Coca Cola or Pepsi right now at your grocery store? They are like $9.99 even $12.99 for one case of 12 cans! News flash in 2004 it was only 2 for $5 every weekend. I worked for Pepsi back in 2004 and every weekend Pepsi or Coke was on sale for 2 for $5. Both were always on sale on the weekends of the Superbowl, 4th of July, Memorial Day, and each weekend before Thanksgiving and Christmas. Why was soda so cheap back then? Inflation? Not quite. It was because at that time customers had more options for cola. Generic cola brands had way more shelf space in the supermarkets. RC cola, Storebrand colas, Sam's club cola, every supermarket seemed to have their own sodas. So, what did Coke and Pepsi do? They both paid the individual supermarkets for shelf space for a long period of time. That investment killed the demand for generic brand soda and increased demand for Coke and Pepsi. Since demand for generic band colas went down, producing those brands became too costly to continue because volume was down. This is what drove those brands to lose MarketShare or be driven completely out of business. Once these brands were driven out of marketplace, prices for both Coke and Pepsi started their climb because in many cases that was all that was left to choose from. Then both Coke and Pepsi's contracted payments for shelf space in the supermarkets expired and were not renewed. Now you don't see sales for soda like it was before. Even the soda business is brutal. Well, I was only in it for about a year or two. Again, less competition means higher prices for everyone. Steel imports drive the price of steel down and makes buildings cheaper to build. He has it backwards. Container cargo shipping is the cheapest way to ship goods. It's pennies on the dollar compared to the price of sourcing raw materials domestically.
1:18 This analogy would work if there was a local bread store, Walmart pushed them out years ago, better analogy would be "quitting your job before finding a new one" lol
So a U.S. business will now have to import all of the manufacturing equipment and pay a huge tariff to be able to start building a U.S. based facility, which can take 3-5 years to build and millions of up front dollars and then establish new sales and U.S. supply chains. That is a recipe for a financial crisis. For ramping this up is at least a 10-15 year timeline. So Americans will suffer for more than a decade with massive inflation.
One of the reasons Trump says he wants to tariff Canada is the supposed trade imbalance. It's actually very close, and how exactly can we consume as much as the United States when you have 300 million more people and want our oil.
Trade imbalances are not a problem when you have the worlds biggest economy most countries buy less from of than we buy from them. We are the wealthiest most poerrful country in the world why reverse the last 80 years that made us the ecomomic juggernat, head of NATO, leader of the free world, all of our allies and the 5 eyes alliance Brittan, US Canada, Australia, and New Zealsnd our parent and sibling countries! Why change every thing all at once?
REAL ESTATE / RENT CONTROL. People can manage low income if their income is livable. But too many leasers drive up the cost of living when they don't need to, so now that low income is no longer livable income.
Tariffs aren't going to force US companies to start competing with each other. These companies will probably get together and use the same tactics landlords are using! Where they stop competing with each other and agree to raise prices across the board..... You know "a rising tide raises all ships"
Things are about to get much much worse higher prices will be the least of our worries we are fucked trump has lost his damn mind both him and Elon musk I don't trust that as whole he's not even American
Obviously, the first guy never ran an import export business in his life on products that have not been made in the US for decades.😂
This first guy is hard to watch. We're done.
because the US government screwed us with NAFTA
Why on earth does the first guy think he knows more than economists who said tariffs would hurt the economy? You know the experts.
It’s pitiful isn’t it? Talking like the Brexit idiots, yes, but how long will, it take for these ‘domestic ‘ companies to start up and have they got the experience and the equipment or will they have to source them from overseas. During Brexit a colleague said they thought Britain could be great again but kinda forgot that Thatcherism decimated British manufacturing 😱
He MUST be a MAGA know-it-all.
As a Canadian, I'm shocked Americans want to pay 25% tax on the oil we ship everyday and the lumber etc. Hurricanes on the eastern seaboard every year just got more expensive. I'm sure insurance companies will pass on that expense to you though.
The rivers in China will be happy shipping plastic manufacturing to Mississippi or Texas. Don't eat the fish
Not everyone voted for the orange treason weasel. But we still have to take the hit caused by Stinky D. We feel ya!
Sounds to me like mr.maga went to trump University 😂😂
This comment should be highlighted
He is going to find out!
The confidence and ignorance of the MAGA guy is almost disturbing
The first guy is 100% representative of the ignorance of their own ignorance.
@@guitarista67Dunning Kruger effect?
People just cannot learn another word to use instead of LITERALLY
There's no such thing as a notdumb donny supporter
Herbert Hoover's great grandson over here! 😂 This guy thinks that tariffs are going to "drive prices down" when U.S. customers will have less options for whom to buy steel from. 🤔
Less competition means higher prices for everyone.
Real life story example: What is the price for a 12 pack of Coca Cola or Pepsi right now at your grocery store? They are like $9.99 even $12.99 for one case of 12 cans! News flash in 2004 it was only 2 for $5 every weekend. I worked for Pepsi back in 2004 and every weekend Pepsi or Coke was on sale for 2 for $5. Both were always on sale on the weekends of the Superbowl, 4th of July, Memorial Day, and each weekend before Thanksgiving and Christmas. Why was soda so cheap back then? Inflation? Not quite. It was because at that time customers had more options for cola. Generic cola brands had way more shelf space in the supermarkets. RC cola, Storebrand colas, Sam's club cola, every supermarket seemed to have their own sodas. So, what did Coke and Pepsi do? They both paid the individual supermarkets for shelf space for a long period of time. That investment killed the demand for generic brand soda and increased demand for Coke and Pepsi. Since demand for generic band colas went down, producing those brands became too costly to continue because volume was down. This is what drove those brands to lose MarketShare or be driven completely out of business. Once these brands were driven out of marketplace, prices for both Coke and Pepsi started their climb because in many cases that was all that was left to choose from. Then both Coke and Pepsi's contracted payments for shelf space in the supermarkets expired and were not renewed. Now you don't see sales for soda like it was before. Even the soda business is brutal. Well, I was only in it for about a year or two. Again, less competition means higher prices for everyone. Steel imports drive the price of steel down and makes buildings cheaper to build. He has it backwards. Container cargo shipping is the cheapest way to ship goods. It's pennies on the dollar compared to the price of sourcing raw materials domestically.
Nope. This guy is clueless.
1:18 This analogy would work if there was a local bread store, Walmart pushed them out years ago, better analogy would be "quitting your job before finding a new one" lol
This first guy is arrogant in his ignorance.
The guy that opened this video is from another planet. I feel bad for people around him. He is already to far gone.
So a U.S. business will now have to import all of the manufacturing equipment and pay a huge tariff to be able to start building a U.S. based facility, which can take 3-5 years to build and millions of up front dollars and then establish new sales and U.S. supply chains. That is a recipe for a financial crisis. For ramping this up is at least a 10-15 year timeline. So Americans will suffer for more than a decade with massive inflation.
Yeap. Americans are really stupid. Stupid MAGA tards screwed us. It's ok. Darwin law. We deserve all this and we deserve to fail.
Stupidly delivered with such certitude is frightening.
The Great Depression was from 1929 to 1939. Just before World War II 🦅#10
Companies will not amp up production. They will cut their work force first.
“Tarriffs COULD, tarriffs SHOULD”
Yeah but they won’t! What about that do these fools not understand
Domestic goods will not be cheaper!
One of the reasons Trump says he wants to tariff Canada is the supposed trade imbalance. It's actually very close, and how exactly can we consume as much as the United States when you have 300 million more people and want our oil.
Trade imbalances are not a problem when you have the worlds biggest economy most countries buy less from of than we buy from them. We are the wealthiest most poerrful country in the world why reverse the last 80 years that made us the ecomomic juggernat, head of NATO, leader of the free world, all of our allies and the 5 eyes alliance Brittan, US Canada, Australia, and New Zealsnd our parent and sibling countries! Why change every thing all at once?
REAL ESTATE / RENT CONTROL. People can manage low income if their income is livable. But too many leasers drive up the cost of living when they don't need to, so now that low income is no longer livable income.
monopolization of real estate also drives up costs cause there literally is no competition so they drive up costs knowing you have no other options.
Tariffs aren't going to force US companies to start competing with each other. These companies will probably get together and use the same tactics landlords are using! Where they stop competing with each other and agree to raise prices across the board..... You know "a rising tide raises all ships"
Things are about to get much much worse higher prices will be the least of our worries we are fucked trump has lost his damn mind both him and Elon musk I don't trust that as whole he's not even American
*asshole