‘CRANK’ IT UP: O’Leary is all for Trump’s high tariffs on China
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- เผยแพร่เมื่อ 28 พ.ย. 2024
- O'Leary Ventures Chairman Kevin O'Leary weighs in on a bombshell tax report on IRS agents, President-elect Trump's energy dominance and deregulation plans and the bitcoin rally. #FOXBusiness
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If O’Leary says it is good then I’ll assume the opposite.
Can't agree more!
So true
The problem for those that voted for Trump on the tariff issue, obviously had/have no idea on how tariffs actually work, as Trump made it sound as if the exporting countries would be paying the tariffs, when in fact the importers pay the the extra tariff to the US govt. as a TAX and then have to increase the cost of goods in the American consumer.
Trump was a Democrat said if he ran for president it would be as a Republican as they are stupidi
The troll O'/Leary referred to Trump as a supreme leader He .meant like Puti Orba and Kim
Then don't buy. It's a free country.
until America starts manufacturing. you forgot that part :)
@@ZeroPhilosopherthat's not gonna happen, for a multitude of reasons
@@ZeroPhilosopheryeah, American manufacturing is like 5 times more expensive, get ready to pay 3-4 times extra for your goods
Funny, every episode of Shark Tank I've ever watched, O'Leary was calling anyone who didn't want to send production of their US-made product to China an idiot
because of business taxes in us
@driverhighway8311 Yeah, and also you can use slave labor in China. But apparently you didn't get my point. This whole video is about the same guy, Kevin O'Leary, saying that the US should put tariffs on all products coming from China.
If I need to break it down further...the guy that said people should sent manufacturing to China to save money, now wants those same products to have tariffs on them so that the US will start producing stuff here. Maybe he shouldn't have told people to send production to China in the first place.
@@chadchadchadchadchad Every word you said was true. Problem is these people can't see the trees through the forest wearing their made in China Trump sunglasses.
@@chadchadchadchadchad He is gonna do whats best for business does not mean he agrees with it, the guy says he loves money all the time. The whole point to it is to equal the playing field. China subsidizes products to undercut the US business like solar panels was huge one.
@@chadchadchadchadchadWORD, he talking out of both sides of his neck.
The rich man on the top never cares for the regular folks who shop in Walmart and DollarTree. Period.
@@williamxw09 talking about your boss who pay you every other week to feed your family? See the hypocrites that the wealthy democrats created?
My thoughts exactly. I keep hearing from these rich investor analysts, what about the average person? I can’t afford for prices to go up for another year or two!
I was explaining that to a coworker this morning. If you go to these rural areas in states like West Virginia the only stores available are Dollar Generals. It could be a 45 minute drive or longer to just find a Walmart.
@@jdynasty7680 Just start your own business. At least I can now compete with products that are coming from China. People have survived decades before there was a dollar general in their area.
@@dattack1970 people back then also used to grow their own food. There is a good TH-cam video on the predatory practices of Dollar General in those areas.
Glad you are able to compete, wish you all the best.
IRS employees not paying taxes is a crime and should be fired .
Do you think billionaires should get subsidies?
So should billionaires, millionaires and corporations.
@@mackjrbell7828your tax going to ukraine
@mackjrbell7828 they pay more then 50% of all taxes so you are wrong
People from all walks of life can get caught up with overdue taxes. IRS employees should be given the opportunity to repay their taxes; like ever other citizen of our great country
Why would O'Leary care about raising the cost on the little guy.
Most comments below are from people ignorant of economics and how the world of money and business works.
Sad truth. When you hear nothing but fearmongering from all media you start to believe the crap.
Like yourself
Really capitan obvious......so explain yourself before calling good folks name ....u must be the orangeman supporter
@@khamisikinney1842 Or the Canadian Kevin Oh, His wife was found not guilty for being drunk and killing someone on the lake
At last, someone with all the solutions.
Isn't the problem the dependency on imports? Shouldn't tariffs cause consumers to buy less of the products in question because of the additional cost? Shouldn't it make any competing domestically made products more enticing? Shouldn't it encourage business to produce domestically to save costs? If we Americans have no options due to dependency on other countries then isn't THAT what we should be addressing? Really asking.
Goods made in America tend to be too expensive.
O’Leary is just way too ignorant and completely out of his mind. It's known to all the analysts, China has been proactively reducing the dependency of trade with the US, while at the same time, expanding trade and port networks with the rest of the world. China has been investing heavily in R&D, intelligent manufacturing and automation, it keeps innovating on leading technologies. Coupled with huge industrial bases and complete supply chain, these will give it advantage in quantity, quality and price powering. China made a number of policy changes to boost domestic consumption and to deal with debt issues. China also made arrangements with friendly countries for animal feeds and energy supply. China is self-sufficient on food backed by huge grain reserves. China also spends big time in its military and increase the number of its strategic assets. Chinese have been through much tougher time before; they are used to these kinds of challenges. China will also counterattack with its tariff on American goods, farmers and larger manufacturers will feel the pain. American consumers will feel the pinch of inflation very soon. As a result, voters will likely change the balance of power in 2 years. O’Leary's wishful thinking will not pan out, his idea will bring hardship to all, he may have to kneel down to beg for mercy at the end of the day.
Totally agree
Not really. I am a Chinse who has relatives in China. The Economy is deteriorating . There are a lot of social unrest on the streets. Every time, my relatives go out and need to be careful because they are worried that they randomly attacked by uneased people who lost jobs and money. Tariff only makes China economy worse. I am supporting the President Xi. I just tell what really happen to China society now Like or not . Don't try to argue with me. I am Chinese. I have wechat messages a lot times
@@hlleung I agree with you concerning China. Chinese real estate values are imploding there disrupting credit and causing a major squeeze on the Chinese most of which are just trying to feed their families.
As for O'Leary, he is once again aging like spoiled milk. Canada is about to be slapped with 25% tariffs on Canadian exports to the U.S. by an incoming president (Trump) he supported hook line and sinker. To think that O'Leary was once a front runner to be PM of Canada. He's not worth a slur.
@@hlleung I just visited China, and what I saw was completely different. You're talking nonsense. With your attacking language towards China, you're nothing more than a failure who hates your own nation. 1450 !
Best answer
Is this is the same guy who says all manufacturing needs to go to China to drive costs down?!? Tariffs are paid for by the consumer. What do you the companies that get hit with tariffs are going to do? They'll pass them on to the consumer
Before yall get mad about grocery prices, when was the last time you shopped at a local farmers market 💡?
Start supporting the small farmers, their prices are good
No one can ever take a self serving billionaire’s opinion on tariffs. It’s a tax on the consumer and a break for him
If you mean that he benefits from investing in the US, that is the entire point you seem to be missing.
The electorate voted to Make America Great Against, not business as usual.
Shut the border and stop the flow of drugs.
Cheap Chinese imports does not help USA plc, and is driving US manufacturing into oblivion, no manufacturing no jobs.
Result misery.
Only FOX would say doubling the cost of groceries is somehow a good idea.
FOX NEWS IS THE MOST CORRUPT,EVIL.LYING NEWS CHANNEL IN THE WORLD..HERE IN MY COUNTRY GREAT BRITAIN THEY ARE NOT ALLOWED IN..THANK GOD..JUST LOOK WHAT THEY HAVE DONE TO THE MINDS OF MAGA WITH THERE LIES..HEART BREAKING!!
Trump got elected to lower our prices. Now he is using immigration to justify raising our prices.
Like the Biden crime family did?
Where did they say that?
@ having more tariffs will increase the prices for just about everything
Tariffs are basic economics. Americans are going to pay hard. Thats what happens when you pick a cabinet that is full of billionaires and millionaires.
Is there a cabinet that hasn’t had there share of very wealthy people ?
suppose you rather have one full of DEI hires who have no idea what they are doing? DERP DERP. Leave it to the pros not the keyboard warriors.
All the democrats in office are wealthy. Most of them from insider trading!!
@keroutson yeah but not billionaires who don't know crap about politics fools fools and more fools ...
The last time Trump used tariffs on China they stopped buying US agriculture. Farmers lost 100s of billions
O"Leary is the LADA of right wing economic geniuses.
Americans rooting for billionaires while they continue to struggle lmao
Non-Americans who don't pay anything in but take everything they can from the US. LMAO.... Get a job. Go home man. It's terrible here in the US where we are free and can create our own wealth without having to resort to illegal activities. Also, you can't afford a fridge but comment on a YT video. LMAO
@@joshuaborges897 Just out of curiosity, how did you get all of this from one comment? lol you must have a vivid imagination, or delusion idk. You should look into creative writing, but take some training.
@@joshuaborges897 you never traveled to an industrialized country outside the US.. got it..
Elon wants to increase average Americans iqs with brain implants that he can Google.
VS Millionaire politicians? Sure, they care..
He’s also putting tariffs on your home country of Canada Kevin, a country that has been supportive and a friend to the USA providing oil, Lumber and natural resources. Which ultimately will only cost Americans more money to purchase these goods.
this is pretty epic stuff. throughout the year, o leary been soo vocal bout super high tariffs on china. and turns out day 1, its canada getting the first taste with 25%...
and this guy still comes out on tv regurgitating his chaayna. and "noooo, im one of the good canadians" hahaha.
What does Canada import into the United States?
@@hangten1904lumber, oil, maple syrup, electricity, lots of things.
There goes some people’s vacation plans since November 6th
@@hangten1904grain, cooking oils, steel, cars, trains, planes.
Trump's new tariff plan might ignite a trade war, prompting me to reevaluate my $400K investment portfolio to minimize potential losses. I’m looking for effective strategies to navigate this uncertainty.
A long-term approach can definitely help with navigating market volatility. Set Clear Goals, Focus on Quality Investments,Stay Patient and Avoid Emotional Reactions, and Work with a Financial Advisor
After selling at a loss during the dip, I was hesitant to reinvest my $600K. My financial advisor created a long-term strategy, focusing on diversification and dollar-cost averaging. In just 18 months, my portfolio grew to $850K. Their guidance has been invaluable in helping me stay steady and think long-term through market changes.
That's amazing! Could you share how I might get in touch with your advisor? I’d love to learn more about their approach and see if they can help me achieve similar results.
My advidor is “Marissa Lynn Babula” She is regarded as a genius in her area and well knowledgeable about financial markets. I highly recommend her.
*Marissa Lynn Babula* is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..
China tariffs will allow American companies to raise prices😮wake up fools
Take business class, kid
@@43dukedog And lower taxes, encourage American business growth..
@@knowair6767😂😂😂😂😂 really?
@@knowair6767 that we pay for.
@@terryelam7010 What, you thought China would? China can't survive without US.
IRS employees not paying their taxes should go to jail.
Anybody not paying their taxes should go to jail.
@@superbird24 insurrectionists not paying their taxes should go to prison.
@@terryelam7010 So you mean Democrats and mainstream news media for the 2020 steal..?
Who the hell told you they don't pay their taxes Fox News, MTG. 😅😅😅
@ they make this stuff up in Russia.
Sadly my made in USA whirlpool appliances were absolute junk.
Only buy Chinese in 2024
Whirlpool was trash buddy
Because they were NOT made in the U.S. ALL of the components are from China and are assembled there. Whirlpool was bought out by China long ago. Any other propaganda you want to spew?
My washer lasted 25 years without a problem
In the past 30 years I have owned 2 whirlpool washers, dryers, and refrigerators. All of which lasted roughly 25 years before I had to replace them. Not exactly the trash you claim, but some of these appliances do have a higher learning curve for some people..... lol
Lol that means Americans pay the tariffs.
No tax on tips and overtime, so it will all even out.
@@hangten1904what about salaried people?? That does nothing for me. I doubt he’s even gonna do that honestly, he’s always whining about overtime, he might find a way to get rid of it all together.
Maga are too UNEDUCATED to even grasp the concept. They will understand it all by this time next year! Lot's of educated people are already planning on leaving the Country- let's see how their hospitals and schools cope this time next year! And who is going to pick their vegetables! Clean the shopping malls. Time will tell!
@@hangten1904people like you are the reason the rest of the world laughs about America
@@hangten1904 sure. Grifters are big on talk, short on delivery.
He talked as if Americans don't need Chinese products! The level of denials is unbelievable. It's a comedy show.
They can be made elsewhere that isn't our enemy... China is our enemy, whether you like it or not...
We should avoid Chinese made products.
China is our enemy...
dont need them if we make them here... thats the whole point
@@driverhighway8311 Good luck with that. Even if it's done, it's gonna take years and years of inflation, scarcity and low quality. No, thanks.
To all countries around the world being targeted by Trump's tariffs.
Make sure when you retaliate to place your own tariffs on exports coming from Trump supporting States.
THEY should be the ones to pay. Make sure the tariffs specifically target THEIR economies and jobs.
Most places still voted for democrat's but they voted for Trump also. North Carolina, Michigan, Wis, Arizona,
My god you're an idiot.
Listen to the FJB supporter who enjoyed the 25% rise in prices and doubling of gasoline prices.
why do people have to selectively go for specific state. its your policy, and trump wants it right? you guys deserved to go down. elect incompetent people in your country and better be prepared for whats coming. america what a show you guys are
Kevin is Spoton , love him , Go Tariffs Go.
Yaay! Say yes to 20$ increase in 10$ groceries 😂😂
O’Leary was drummed out of Canada as the village idiot. Keep him USA!
His net worth is $400 million. He can stay. You, on the other hand....
NOOO!
How many hundred million have you made pal ?
@@kenny-tu2buhe lost millions to ftx
@@kenny-tu2bui wonder how he got those millions favor favors and more favors hahaha the corruption is worse than mexico narco state
Tariffs are stupid. Just going to cost us Americans more!! Need to charge the country a different way….
He also said 25% tariffs on Canada and Mexico 😂
Yes, that’s good to see.
@@arumforyou nope, people voted for him to lower grocery prices not increase them, this will backfire
@ no it won’t, it’s going to be a great four years, or more.
@@arumforyou so you're a troll, got it.
@ nope, I’m an American. If you don’t like it, leave.
When I was younger everything was made with pride an built to stand the rigors of time ‘ made in Japan ‘.
O'Leary, a guy who sells all business overseas. Yea, He cares. LMFAO !!! 😢😢😢
Damned Right! Why should Americans suffer with low-cost Chinese goods when they can get similar stuff from Germany or France for barely more than three times as much money? This low-price nightmare needs to end! MAGA!
Leaving politics aside for a while, if that is even possible, one impressive way to 'turbocharge' the big landmass and its people, America and Canada, would be to wipe away the border which stunts progress, divides people and creates tension at times.
Elon or some other wealthy person with influence should be able to fork out some money to Canadian adults to make it happen since there are only about 33 million adults in Canada.
Just think of Canadians as well as people from other nations who have gone to America to seek their fame and fortune and have been successful.
A prime example would be S. African born Musk who spent three years in Canada, went south to America to seek his fame and fortune and is likely to become the world's first trillionaire.
Canada has a shrinking GDP per capita, a weakening Canadian dollar, inflation issues, an increasing cost of living and housing crisis.
Some Canadians still think that they need a king ' hovering ' over them in these modern times who lives on a faraway island but what they really do need are lower taxes and a strong (American) military to protect the arctic.
Ownership of the arctic means nothing if you can't defend it and Canada does not have the military to defend it, so the arctic is fully dependent on the US for its protection. In April 2021 Putin filed a submission to extend a claim to the Arctic, all the way into the Canadian and Greenland (Denmark) continental shelf and economic zone, as part of Russia's continental shelf. A situation where they're claiming the entire Arctic Canadian and Danish continental shelf as part of the Russian continental shelf.
In 2018 Beijing agreed it would cooperate with Russia on a new Arctic silk route, signing 20 bilateral documents and agreeing to invest in the region. As part of this, Beijing will build several Chinese docks across Russia's north in ports.
Russia demands permission for ships to use the Northeast Passage plus use Russian pilot ships.
Putin wants control of the Arctic trade routes and the natural resources in the Arctic.
If America and Canada united, it would be the world's largest country and would be over one million square miles larger than Russia.
What a huge 'playground' we all would have-!
Another false nonsensical statement. We can make it here in the U.S. That is the whole purpose.
@@blintzkreig1638 No you can't lol
Americans also make low cost goods in a form of food and materials as well. Dont be a hypocrite now..
@@John-nc4bl You can't place politics aside in this dream scenario. The political system in both are VASTLY different. especially when you start talking about freedom of speech and freedom to bear arms.
American consumers value cheap imported goods more than they value more expensive Made in America goods. Tariffs will raise the price of cheap Chinese goods. The Chinese will retaliate against American exporters, as they did with farmers in Trump’s first term. Trump had to put some farmers on welfare.
There is no historical evidence that tariffs will cause inflation. Tariffs is more of a tactics for economic also a more peaceful way to negotiate conflicts instead of wars. One thing that you need to remember that if lower consumer due to high prices then is not good for any business. So there will be tariffs but in a strategies way. There are hate going on with "rich people" cause by the democratic. But we all forget those men and women are the one that truely build America and bring food and shelter to millions of people.
Need money to start businesses and the domestic running cost is much higher than imports.
@@JojoJoget thats the problem and problem needed to be fix or we just going push all the company and jobs abroad. This is the result of ignoring the issue. It get to the point that most of China booming economy is because of us and we here starting to decline.
I wish the government would subsidize the family cattle ranchers so the legacy cattle ranches kids don’t move to the big city for work. We need the legacy family cattle ranchers, this Costco Walmart Sams club corporate GMO grain fed beef is bad for our body and our DNA
@@haiacninc you have no idea how China's boom also made americans rich. why do you think every major mega corp CEO are all china friendly?
Sadly, import taxes, AKA tariffs, are just passed on to consumers in the form of increased prices. Manufacturers are not affected. Importers are the ones who pay more and pass the costs to consumers to recoup their profits.
Trumpers are too dumb to understand this. They are celebrating higher prices! 😂
Oh sweetie Germany has a 100% tariff on the U.S. so we cannot sell cars there. We can make it so cost prohibitive they can not sell here. So they either bend the knee or go bankrupt.
@@d1p70 Do you really think we will be FORCED to buy 100% tariffs costs? No, the companies will see this as too cost prohibitive.
Until the overseas countries learn to stop subsiding their industry to cut into western markets then markets become more local based and balanced
@MissSilencedogood that's not true. American cars are sold in EU, including Germany. Tariffs on American cars or car parts are no more than 10%.
If it's not a big deal that Federal employees owe a billion and a half in taxes, because it's just the complexity causing things to fall through the cracks...then this should be applied to EVERYONE.
The Federal employees should be held to a HIGHER standard, not a lower.
If the tax system is so bad that it's understandable for Feds to owe taxes, then it's intolerably complex for normal people, and it's a crime to punish them for it.
I agree. Federal employees need to be held to a higher standard. This INCLUDES the president elect, and ALL politicians AND, ALL appointees.
@@SpatsdogStark Yes, but unfortunately the president elect and his appointees will be held to a double-standard of selective enforcement, criminals targeting them in ways nobody else is.
As we've seen for the past four years.
He’s not legit to talk it’s 2024 he made his money long time ago
100% agree with O’Lary about China
Chinese has very tiny pp
He truly loves the uneducated ☝️🤡😂
Do you shop at Walmart? Or Target? Or Best Buy?
@@freespeech8520 just read that 80% of walmart goods are imported.
Trump is giving his MAGGAT supporters what they always wanted...a TAX INCREASE. The rest of us will take it in the neck as well.
I had a long back ‘n’ forth text-based discussion with a gentleman who works for a USA-based *steel* *distributorship.* He clearly informed me that when imported Chinese steel has a tariff applied to it, then his USA-based *steel* *distributorship,* and ALL of the other USA-based *steel* *distributorships,* AUTOMATICALLY RAISE *the price* of their USA-produced raw steel TO MATCH whatever the “tariff added” price of imported Chinese steel turns out to be. In other words, when it comes to the price of Raw Steel, USA-based consumers of Raw Steel (i.e. steel fabrication businesses) *will get stuck paying* THE SAME PRiCE as the *final price* of imported *tariffed* Chinese steel. The result is that a massive number of USA-based *steel fabrication* businesses WILL GO *out of business.* On top of that, government construction contracts, at all levels of government, often specify that *American* *steel* must be used. The implication here is that, if Trump applies a tariff to imported Chinese steel, then, due to the automatic *pricing* *practices* of USA-based *steel* *distributors,* nearly all government funded major construction projects WILL END-UP PAYING *a very high* *price* for *I-beams* and *corrugated steel.*
[The USA-based steel distributor that I corresponded with referred to his industry’s pricing practices as *conflation* (i.e. the practice of treating American raw steel and Chinese raw steel as if they were essentially the same thing.) I personally refer to those who price their domestic commodities in this manner as *conflationists.* ]
Googling “what are tariffs” also works, and takes some 90 seconds..
Of course he's all for it .he'll make more money on all of his investments and the heck with the people that will pay for it .
Stupid stupid stupid man. You are the type what kept the likes of Biden, Harris and Obama on the take stealing the country and us blind for all these years.
Take some civics and economy classes then comment. You sound ignorant and unlearned to me as a 73 year old student of civics and economy.
O’Leary is spectacularly insightful.
Obviously there's still a lot of people that don't understand how tariffs work so let me explain: A tariff is a tax. And it's a tax paid by consumers. When the US imports products from foreign countries (like fruits and vegetables or anything sold at Wal-mart) the importers now have to pay an extra 25%. And that 25% tax is then passed on to YOU the consumer with higher prices. It is not the foreign country that pays the tax, it's YOU. Be prepared to pay way more for groceries and and pretty much everything else next year.
Just remembers Americans, YOU voted for this. Now reap what you sow
Definitely didnn't vote for the Hindu-Canadian rr3trrrrd. I heard she put out a drunk video today.
@@redlightg27 Gladly! Don’t like it? Leave, plenty of options.
Be for America for a change
And they can't blame Biden or Obama 😂😂😂
@@CalmBuffalo-gk3fiOh they will 100%.... You are speaking to the crowd who believes satire and memes on social media platforms. There's no way they know what's going on🤦
Kevin is 100% right
Na he's not
Wow! Trump tried this already. He bailed out the farmers because of his tariffs.
You will learn when prices hit sky high 😂😂
O'leary could do a great thing. He could STFU!
The price of American made goods will increase by 25% also. Common sense isn’t so common these days.
Shocking that higher consumer goods prices doesn't bother billionaires like O'Leary.
How is raising prices on the U.S. consumer connected to stopping unlawful immigration to the USA??
✝️🙏God Bless President Trump & the Whole Trump Team 🙌❤️
Trump is giving his MAGGAT supporters what they always wanted...a TAX INCREASE. The rest of us will take it in the neck as well.
Going after people for not paying taxes turns around does the same thing.
Cleary is just confirming America is not competing on the world stage. Tarrifs are crude way of supporting American businesses. American people will continue to buy foreign goods because American made = high price.
I hate to say , but Mr. Wonderful is right .
Tariffs on every country until they run to BRICS.
Tariffs are not charged to the country that is exporting product. Tariff is charged to the company and country importing.
@@maxsmart8954MAGA don't get it bro.... They can't think
@@maxsmart8954 wait can you explain to me is the importer the company who is buying products from another country or the country that that company is in? Also in what scenario do tariffs benefit the consumer rather than the company or government?
@ simply put tariffs apply to the importer not the exporter. you and MAGA have been hoodwinked again …..
100% tax on cars from mexico.. ouch to a lot of model prices.
Yeah… a freaking mid class suv is already close to 50k… an express that was 30k a couple years ago is now 51k…. Now itll be even more… ffs!!!! We the people will pay those extra fees… i will atleast try to avoid paying anything extra even if its american because they will try to match the higher foreign prices since thatll be the new normal….
Canada be better off importing Toyota or Honda instead chev Ford etc....
We can just buy used cars or better yet fix up our old cars. We will survive without new cars.
Time to build in America
Be strong America, save our children and teach them to build America! Make in USA!
Make our kids straight again...lol sorry.
Do you really think Americans can make all that is imported, make it cheaper, and factories will pop up overnight? He loves you poorly educated for a reason...and doesn't give a crap about you.
You idiots will learn when you pay double for groceries 😂
Go to a dollar store. You really think the US will make that sweat shop stuff? Can you imagine how expensive a big screen tv that craps out after a year would be? Can't even make reliable appliances.
@@scottmurray8526 Exactly!
I never liked Keven O'Leary because of past business decisions that he has made that I won't mention. I have been listening to him lately for his sound advice and well I always knew he was a savvy businessman, I hope he can stick with or change to businesses that he can be proud of and good for the planet.
The Learning Company?
Why would anyone care what o’leRy thinks. He’s trying so hard to be relevant. He’s not.
Who could imagine what Americans want is low-paying labor jobs only poor Chinese workers willing to do?
Nonsense. Bringing manufacturing back will build the middle class.
@blintzkreig1638 the products made by low paid foreign workers, suddenly made by highly paid American workers will unaffordable to average Americans.
@@blintzkreig1638 And pay 50% more for items. No thanks. I don't care if other Americans can make Nike shoes or TVs, if I have to pay more for that, I'm out. You can have your spending power shrunk by 30-50%, most people will vote with their wallets and say "nope". Americans aren't willing to work for like $15 a day like people in other countries do, you can't compete with that unless you want to dramatically increase the cost of goods. And you tell me how people are dealing with the current levels of inflation, now go ahead and make things even more expensive on top of that and see how that goes.
Totally agree with O'Leary. Tariffs give Trump so much leverage when negotiating it's a thing of BEAUTY!!
Too bad it didn't work the first time and Trump spent 92% of the tariffs helping farmers who lost business due to tariffs 😂
@@johnc3525 lol ok...everyone, lets listen to johnc3525 and not the experts. He seems to have all the answers, but forgot that he lost the election.
@@johnc3525 Mao is that you? God it's been a long time, there's a new sheriff in town...
😂😂😂😂😂
@@kaspar_1982
Russian bot ☝️🤡🇷🇺
You pay the tariff, not anyone else, the importer pays more to bring the product in, and YOU pay the difference when that product is put on your store shelf.
Funny there was no mention of Trump's promise on day one to impose a 25% tariff on all goods coming from Canada and Mexico. That should be interesting especially for our neighbors to the north.
Somebody’s stuck learning about the 1800s in 7th grade 😂😂😂😂😂😂
Middle America depends on Chinese goods. Who supplies Walmart? Electronics? Won’t hurt the rich much, but everyone else will feel it.
All tariffs need to be implemented in steps so businesses can adjust, maybe 10% a year increase. See how tariffs affect economy.
Tariffs will lead to people opening factories and manufacturing goods in USA at competitive prices and probably higher quality. Providing people with jobs and making companies shift investment to America or lose by important goods they sell at a higher price. Short term expensive, long-term winning for America.
@@ZeroPhilosopherlol
So those 12 dollar shirts you can buy now …will cost 35 dollars
I'm against the tariffs because it will affect inflation and business markets
Well, the election is over.
So buckle up.😊
@@elizabethfrownfelter2531 You voted for cheaper eggs, instead you're gonna have much more expensive everything. Very smart.
These rich people going to be richer and the poor poorer.
that's the plan, and it is available to all if you are not too lazy! LOL
That’s the case no matter who is on top, it always gets worse almost as if it’s a system designed that way.
Honestly? I’m all for shaking the system. I’m no teenager and way past my rebellious phase, I’m just being realistic- things are currently NOT GOOD.
@@walterhenrysilvera5081 Think Kamala would've made a thing better? Her administration caused every problem the United States has right now.
Another poor individual that knows nothing, if your freedom was on the line would you make that claim? Freedom of speech makes people so ignorant sometimes, make random remarks 0% cost of self
So
The increase will be passed down to the US consumer. Only a fool thinks there won’t be consequences. The prices of good will go up.
And manufacturing will then start returning to the U.S. Only a fool throws up there hands and says oh well without even trying.
Only the fools think like you and spread the same bs copied from MSM or from another same minded commentator. Educated yourself
@@blintzkreig1638 depending on what’s being manufactured. Bringing it to the US can take 2-10 years. The hardest and longest part is creating the supply chain of what’s being manufactured. It would be easier for a company to just wait out trumps presidency. Regardless, prices still high due to tariff so consumers will always lose.
@@blintzkreig1638 Nope, as even with the tariffs producing in China and paying the tariffs is still cheaper than producing in America, unless you lower the minimum wage. The only way to compete with China in manufacturing is by lowering wages and living standards to match theirs.
The minimum wage here is still too high for usa produced items to be cheaper than chinas even after the tariffs….. this will definitely fk us :( atleast us mid class :( … the rich will still be ok
Rich people don’t care if bread and milk costs an extra dollar. Doesn’t mean it doesn’t effect you.
I'm with O'leary : PAINNN !
People with working brains laugh and cringe in equal measure when it comes to fox & the u.s in general. Thankyou.
O’Leary knew little about government and international trade but with a big mouth as if he knows everything
I haven't been a huge Oleary fan in the past, awesome to hear him stand up for truth on this issue.
What truth? He doesn't understand basic economics. Tariffs = Higher consumer costs = BAD. Easy, O’Leary is an idiot!
He has $400m to his name. He's looking after himself.
@@humanresources3545 you're probably right
@@humanresources3545 And you got two nickels (barely) yet you are still looking after yourself. That is human nature. But you can't tell us what a woman is so maybe you're not human.
@@humanresources3545so
Bring manufacturing BACK To USA.
Yes and pay at least $20 an hour. Go USA!
@@se7enzee444 Never going to happen.
Dream on.
@@amraceway mabye if theres enough tarriffs the inflation will reach a point where 20 dollars is worth like 10 bucks today
@@amracewaySo you want US manufacturing, but you don’t want US manufacturing wages. 😂 Make it make sense!!
Imposed Tariffs won't Hurt Chinese Govt or Industrial/Company, it Only affect are the Consumer's on Both side.
For Tariff, You ain't see nothing yet! You folks will be on your knees to beg!!
yes !! tax the crap out of the poor with tarrifs and give tax breaks to the rich..go MAGA go..yes kevin I love it !!!
Serious question, Why is a non-American citizen commenting on American Politics? He's Canadian and not an American citizen.
5.8K IRS employees owe over $50M in taxes and that’s your comment? Geez
Mr. Kevin O’Leary is so awesome. I’m glad he’s on our side. 😊
LOL, who pays the tariffs? Everyone and I mean every economist and serious business person and company disagrees with Trump and this O'Leary and Wall Street companies like Morgan Stanley are predicting a collapse in the US economy by 2026 due to these tariffs. Last time this was tried was in 1930 with the passage of the Smoot Hawley Tariff Act that sent our nation deep into the Great Depression. O'Leary is like many NY mommas boys who got a lot handed to them like Trump but really are as dumb as a box of rocks.
He's more on the side of money. He a business man before anything else
He is a Capitalist. This country was founded on Capitalism. 1+1=2. NOT tax the rich BS!
Well we can have O'Leary or Cuban...my choice is clear...is yours?
@@abelgarcia6992 what have you been smoking? FTX exchange paid Kevin 12 million dollars to say how good they are and people lost there life savings because they believe he was giving a honest endorsement when the entire time it was only because he was getting 12 million dollars he should never be allowed on Fox for what he did
These people are really dumb. Tariffs will be paid by our consumers, not by foreign countries.
Tariffs are paid at the port of entry. Which port do you shop at Comrade?
Only if consumers by the products. And thinking ahead, which you and most people are in capable of...manufacturing will be invested in by American companies because the important tax will make manufacturing within USA competitive. Not sure why everybody is stuck on that single point about Tariffs as if prices going up is the only result of it.
@ZeroPhilosopher What the USA is manufacturing right now that people want or need? Crap! Pretty soon, you'll have to plant your own vegetables and fruits because it won't be anybody working on the farms to pick them. Be realistic. Do you think American manufacturing is coming back to the USA if trump puts tariffs on them? Would they pay American workers a worthy salary? Would Americans work for $1.75 or $2.00 an hour? Keep dreaming.
@tuberNunya And then that extra cost will be added to the price of the items to consumers. Do you really think that China, Canada, and Mexico won't increase their prices? Keep dreaming.
@@Jose-gj8hv So don't buy the cheap crap! Get smart!
Only for China? Not Canada? O’Leary is a Canadian patriot.
He hasn't invested in Canada for 8 yrs. You call that patriotic? Furthermore, who goes with the handle of Mr. Wonderful. WTF is that all about?
O’Leary got rich off Canadian backs. He has now taken his road show to the US
Absolutely! Stop the markets from getting flooded with Chinese Junk
American cars are 90% made from Chinese parts, your 15k hatch is now going to be 25k lmao
Agreed. Keep Chinese junk out of US market.
@@Hiyou-kx1exYou wish shortie
Buy American made now
You are, made Vehicles in Canada and Mexico is America, You mean made in the Country of United States.@@Kruze1111
let’s bring back the made in USA as a hot commodity.
I recall in the 90s Walmart used to sell stuff made in America, the only reason I recall that is in Elementry school in the 90s I had a teacher pushing made in America. Somehow she knew what was gonna happen and she was a Phillipeno lady that was Married to Marine. Mrs Santos Ill never forget her must have been 94/95 time frame.
Do you really think Americans can make all that is imported, make it cheaper, and factories will pop up overnight? He loves you poorly educated for a reason...and doesn't give a crap about you.
Overdue
You guys couldn't afford 3k iphone? Oh wait you can doing 72 months payment plan.
Place more taxes companies that import, and big tax cuts for local businesses that manufacturers local. No incentives, then the end user is screwed
This is why the world is slowly turning away from America. You can’t expect countries to accept sanctions and tariffs indefinitely. You push countries too far and they will seek alternatives, as they are.
America is the best place to put your money in. I say this as a foreigner.
@@unlimitedcosmicspeed They line right up to feed from US don’t they? Fool.
@@knowair6767 Not sure why you are insulting me? If you recall, China bailed out America in its 2008 global financial crisis to the tune of $1 trillion dollars, while Wall St used some of this money to give themselves bonuses for the catastrophe they caused......who is the fool now? lol, smh
@@yoel-c2k yea back in 1990, Now countries are catching up and they are looking else where beside America.
@@Gotrices Such as?
If you all fall for these foolish tariffs there is no hope. The rich don't care because it won't affect them the way it will us everyday common people.
The trade deficit between the US and China has always been in China's favor. In 2023 US imports from China 472 Billion USD vs 147 Billion USD export. That means China needs to sell more than US. Then the Tariff would be good for the US. Moreover, most of the goods imported from China could still be made overseas if they weren't available from China.
Ssshhh, you're using words and data that the Trump cult rodents don't understand
Lets go! TRUMP TRUMP TRUMP! crank it up!! $400 toasters! lets go!
Or...... a dollar more expensive and made in Vietnam.
Factory producing toaster in the country employing American workers who get a salary raise so they can pay a little more for a product. Oh how terrible...
@@alexanderishere1857correction. Chinese factories in Vietnam
@@dohdoh2430you have no clue.
Trump should pay taxes
TRUMP / VANCE 2024 !!!!!!!!!!!!!!!!!!
Brain-rot galore over here ^^^
@@Lue30499 The only brain-rot I'm seeing is yours lmao! cry more!
@@ChrisLawson-np6kmyou'll be crying soon when inflation hits 😂
@@danielduffy4357 Inflation has already hit, right after Biden took office in 2021. But nice try dude!😎
@@danielduffy4357 Inflation has already hit, right after Biden took office in 2021.
Elon is going to find a lot of crazy things that went on.
I hope he goes on Rogan with them all lol
Wish Kevin would run for Canada’s Prime Minister
It’s true, I’m a supreme leader of my household and when my wife wants change she causes pain to me by biting me so I dislike that and then I allow change
all about America, let's go
LETS GOOOOO
@@ninajhun228yes let's make everything more expensive.
@@petergijsbrechts5154 That is what Trump the village idiot will do.
Yeah, let's go! Higher prices!
BAMBOOZLED
Ty Mr President 🇺🇸 For Putting Americans First 🚂♥️♥️♥️♥️🤙🏽
Trump is an idiot and his policies will make average Americans much poorer.
Americans first to pay increased prices, you dumdum. .
Amen, Mr. O’Leary! You said it all right! YES!!!
i want some of whatever O'Leary's on !
FYI, the USA exported $351 billion of goods, mainly high value, from good paying jobs, to the EU last year. The EU exported more to the US, but this isn't a zero sum game. Both sides benefit.
Thank you Mr Wonderful, for your trustworthy, insightful, wisdom with regards to President Trump 's economic strategies.
❤ 🙏 Karen Murao
USA will be bankrupt by 1 June 2025
Lmao ... Nice one !
Mr. Wonderful is hated on his home country. You can have him.
Has to be a bot talking😂😂
Hi Ivan!
Who else loathes Obama, Kamala Harris, Walz, Biden, Jack Smith, Mayorkas, Schumer, Newsom, Schiff, Hochul, Willis, Fauci, Pelosi, Cheney, Hillary, AOC, Woke Hollywood, CNN, ABC, CBS, MSDNC, Facebook, google and TH-cam censorship?
james, bragg
Not me
So you want to censor them?
What is coming to light since the election is disgraceful and we need to stop sending money away and start sending people home and if they have families that is on them and they are responsible for those families they should take their families with them and if they want to be here come back legally once our government has learned how to take care of the people that they have been stealing from first! We are not land of the free anymore this is our children’s children’s future
If you don't like them, get the hell off their pages. LOL
Hello Keep your word I promised Keep your word No to war!!!!!!!!!
*I'm glad you made this video* it reminds me of my transformation from a nobody to good home, $89k biweekly and a good daughter full of love..
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born
Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
Making touch with financial advisors like *Rosie Nolan Owen* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
beware of scams here
He's rich, this doesn't effect him at all. Why not talked to someone this would impact.
*I'm glad you made this video* it reminds me of my transformation from a nobody to good home, $89k biweekly and a good daughter full of love..
My advice to everyone is that saving is great but investment is the key to be successful imagine investing $15,000 and received $472,700.
Hello, I'm a Doctor from Scotland, how do you make such amount? I'm a born
Christian but sometimes I feel so down of myself because of low finance but I still believe in God.
Making touch with financial advisors like *Rosie Nolan Owen* who can assist you restructure your portfolio, would be a very creative option. Personal financial management will be crucial to navigating the next difficult times.
Unfortunately, not all of us were financially literate early. I was 35 when I finally educated myself and started taking steps. I went from $176,000 in debt with zero savings or retirement to now, 2 years later, fully debt-free and over $1000,000 net worth. I know that doesn't SOUND like a lot, but I'm incredibly proud of it. Now I'm fast-tracking my wealth building (investing $400,000 annually) and don't owe a dime to anyone. It's a good feeling!
You are absolutely right, we also have lot's of expert, real ones with certificate and firms IDS out there waiting for investors to invest and experience the best of trade.
People who stay put in bad situations just because it's comfortable is the worst thing. If your in a bad situation, CHANGE is the only wah to safe yourself
Brace for inflation to reignite in 2025🥵🥵🥵