Donald Trump has promised to introduce a range of new tariffs on imports to the US when he takes office in January. What exactly are tariffs? Why is Trump so keen on them? And why do some people think his plans could backfire and hurt the US economy? #AJStartHere with Sandra Gathmann explains.
Chapters:
00:00 – Introduction
01:20 – Why should we care about tariffs?
01:45 – What are tariffs?
02:30 – Why tariffs were unpopular for a long time
02:42 – Why do governments use tariffs?
04:36 – Who ultimately pays for tariffs?
06:00 – Using tariffs to protect domestic industries
06:50 – The hidden costs of tariffs
07:55 – Tariffs as a political tool
08:20 – China, the WTO and the impact on US manufacturing
10:12 – How Trump’s tariffs on Mexico, China and Canada could hurt the US economy
12:20 – Risk of retaliatory tariffs and a trade war
This episode features:
Scott Lincicome | Vice President, General Economics, Cato Institute
Alan V. Deardorff | Emeritus Professor of Economics & Public Policy, University of Michigan
Bethany McLean | Journalist & Author
Christopher Tang | Distinguished Professor, UCLA Anderson School of Management
You can find all Start Here episodes here: https://bit.ly/3o0BEIW
Subscribe Al Jazeera so you don’t miss future episodes: http://bit.ly/AJSubscribe
Follow Sandra Gathmann on Instagram and X: @SandraGathmann
#TrumpTradeWarnings #USChinaTariffs #CanadaTrade #MexicoTariffs #TradeWarFears #TrumpPolicies #GlobalTrade #TariffThreats #StartHere #AlJazeeraEnglish
100% tariff on Teslas entering Canada would be great place to start
exactly
That’ll make Elon even more richer! 😂
@@Cnw8701 Nah, if Canada opens up for BYD and others.
Tariffs
I love that these so-called experts who say tariffs are bad are the same ones that sell free trade,e, and we all know how that worked out for the USA
Biden brought back more manufacturing than Trump did. The way is to subsidize manufacturing industry. That’s what China is doing.
The cost of these tariffs will be born mostly by the bottom 90% while the wealthy will enjoy further tax cuts paid for by these tariffs. So this “solution” will hurt the working class and benefit the elite. Business as usual for the GOP.
@@combatepistemologist8382 Yeah, for who? 90%, you say, can you tell me the difference between what’s happening now and what you claim will happen? Stop drinking the Kool-aid.
MAKE AMERICA BANKRUPT – Trump
Trump, the conman bully will make America another feather to his cap of bankruptcies. It is not wise for the conman-bully to bully countries.
Go for it BRICS.!!!!.
Other countries should impose extra tariffs on the USA products as well.
They will. Canada and Mexico have them all lined up and ready to go. Canada likes to be very selective in its tariffs, and tends to punish states whose senators are the most belligerent. Last time around it slapped a monster tax on Kentucky bourbon, for example, to slap back at Mitch McConnell.
President Trump will make it work. Just watch him do it.
What about Canada you say not much Canada in all this.
Serious question. Which trusted lackeys will be nursing that pot of tariff gold. Going to be lots of ways to skim off..
Trump sucks
The objective is to tax the common folks to enrich a few cronies.
Trump has said that the tariffs will help pay for his proposed tax cuts, which tend to benefit the wealthy more than ordinary people.
The USA has no cronies.
It is Trumps federal sales tax.
We do not want Israel in Syria.
Israel is a tariff on earth
Other markets will take up the slack and the US will be left to deal with the consequences of trump’s actions. Just look what he’s done to his businesses. Unfortunately the ‘average Joe’ American will end up paying… The very same ones that voted for him.
Remember Buyer is king! So canada and mexico will kneel, they will suffer greatly with tariff, yes US will hurt but NOT as much as those 2 countries.
Regarding the global MARKET, its called market cuz if tariff is imposed in those countries..its an opportunity for other countries to sell their goods to the US. Simple word, your shop is expensive, US as a buyer will find the same thing from other shop aka countries..remember to curb China..the beautiful tool US can do is deal with Taiwan! Remember back in the days ” made in Taiwan”? Well i do! It will make China furious like crazy cuz technically US can buy at China’s price + gives Economy boost to Taiwan so they can buy more weapons to the US.
What does it matter if it’s cheaper if nobody has a job to pay for it.
Aljajira doing their thing from behind.
China knows Trump for many years now. They know what he can do and how unpredictable he is. And they know how they can hurt the USA. Take the soja beans import. That is not something you can change in one year. So they have been talking to Brazil since a long time and got them prepared. And there are more example how they planned years ahead and it will hurt the USA. Trump declared a “trade war” and he got it. So it DOES backfire.
The Trump administration has no idea what the impact of these tariffs would be. He will spin any outcome to his advantage as he is just an opportunist. He and the people around him want to create waves from which they can direct their investments to make the most gains. The people will pay and cheer him on.
What do yu get from a rapist
Now TRUMP is ready to steal lollypop from a child. He will squeeze the COMMON MAN and help the rich.
Tarrifs is going to kill USA. You just wait and see
Tariffs, which act as trade barriers by increasing the cost of imported goods, often lead to a decrease in demand for those products due to higher consumer prices. This decline in demand negatively impacts foreign producers who rely on exports to the imposing country. However, tariffs can incentivize the growth of domestic industries by making local goods relatively more competitive. Additionally, they may encourage trade diversification by promoting imports from allied or friendly nations with lower tariff rates or favorable trade agreements. ❤MAGA🇺🇸
I wonder how many local producers will use higher prices for their import-based competitors as an excuse to jack up their prices. This is what happened, at least in the short term, when they tried putting a tariff on washing machines, etc.
Stop spreading lies about tariffs. Learn from President Trump who is an expert on tariffs.
@@combatepistemologist8382 There was that initial shock with the washing machine tariffs. Yet on the plus side it resulted in Samsung and LG shifting production to the US by opening up manufacturing plants (ex: the LG plant opened up in Kentucky in 2019). It hurt consumers over the following years, but did serve its intended function of bringing more washing machine production back to the US and shifting demand to domestic supply.
There is no war without an aggressor. Canada and Mexico are not at fault here. THE USA IS.
That is why you negotiate. You keep the peace. There is no peace without compromise. A sacrifice on a portion of the USA populace is the living of a group of Mexicans. In turn, Mexicans suffer because USA has tougher immigration laws on them.
The system works because BOTH SIDE ARE WILLING to SACRIFICE a portion of their population. I call it PAINFUL PEACE COMPLIANCE. You cannot expect Mexico and Canada to sit idly by while The USA gets all the benefits.
The key is comparative advantage, do what u are good at. For example, if the US cannot produce EVs at the cheap, then it makes sense to import. This will create auxiliary sectors in the US like showrooms, sales people, engineers, workshops etc which means job creation and boost in the property market. Tariffs are bad because consumers pay at the end either way – pay tariffs or live with high cost of production due to inefficiency.
China Mexico and Canada should raise export tax substantially for products with higher tariffs in the States. Making the retail prices even higher and cause troubles in the supple chains in America. People in America will realize and stand up against the unreasonable tariffs.
Do not spread lies if you know what is good for you.
Gasoline prices will likely increase by 30 to 70 cents per gallon within days of the tariffs taking effect. This significant jump is due to Canada providing approximately 20% of the oil used in the United States. The impact would be particularly pronounced in inland regions such as the Great Lakes, Midwest, and the Rockies, while coastal areas may have more options and be less affected.
The proposed 25% tariff would apply to crude oil imports, which are a major component of gasoline and heating oil production4. With the U.S. importing about 5.2 million barrels of crude and petroleum products per day from Canada and Mexico in 2024, the tariffs would likely cause a substantial increase in fuel costs.
Increasing the amount of drilling will have no effect on these price increases in the short- and intermediate-term.
@@combatepistemologist8382 The US imports 60% of total crude oil from Canada, not 20%.
@@jamesbradford1815 Yes, but it makes up around 20% of the total domestic oil consumption.
Increased drilling in the US would not significantly reduce the impacts of the proposed 25% tariffs on Canadian oil and gas imports for several reasons:
Refinery configurations: Many US refineries, especially in the Midwest and Rocky Mountain regions, are specifically designed to process heavy crude oil from Canada. These refineries cannot easily switch to processing the lighter crude typically produced in the US.
Short-term supply constraints: Ramping up domestic oil production takes time and significant investment. The immediate effect of tariffs would cause a rapid spike in gasoline prices, estimated at 30 to 70 cents per gallon within days. Increased US drilling could not offset this short-term price shock.
Market integration: The North American energy market is highly integrated, with Canada supplying about 52% of US petroleum imports, especially in inland regions such as the Great Lakes, Midwest, and the Rockies. This deep interdependence means that tariffs would still significantly impact prices and supply chains, even with increased US production.
Global market dynamics: Oil is a globally traded commodity. Even if US production increased, prices would still be influenced by global market forces and the impact of tariffs on overall supply and demand.
Refining capacity: The US already produces significant amounts of oil, but refining capacity is a bottleneck. Increased drilling alone would not address the refining constraints that necessitate imports of certain types of crude oil.
Therefore, although increased US drilling might provide some long-term benefits in terms of energy security, it would not be able to mitigate the immediate and substantial impacts of the proposed tariffs on gasoline and heating oil prices.
The best sample to should us in America, is how the superpower country calls India is these days after decades on tariff and economic protectionism.
At the end, 50% of ignorant American population decide to go that way, Argentine is moving out of that painful path for year and moving to open markets, Americans don’t know how the rest of the world works, we live in a bubble of total ignorance but rich, right?
The issue with our present system of free trade is that it is based on two mistaken assumptions. One, global trade does not expand the economic “pie” as much as it rebalances world economies. This is great if you are in a country with a low standard of living being pulled ahead by lousy if you a working class guy in Des Moines wondering why he can’t live as well as his parents. Two, the benefits of the economic growth is not distributed to the general populace but is concentrated to the owners of capital. Wonderful if you are a billionaire but not great if you are a paid worker.
Trump is taking advantage of the anger in the US about the inability of the vast number of people who are finding their economic future bleak. Tariffs are a simple solution to a complex problem which of course is not a solution at all/
China will be worst hurt by tariffs. Us Americans can vote with our wallets if these scum ceos raise prices.
“China will be worst hurt by tariffs.”
You’re wrong! In fact, China has the world’s largest trade surplus, and America needs China more than the other way around.
@@rm83689 Exporters are generally hurt more by tariffs than importers. It’s why China’s retaliation in 2018 with 25% tariffs on American soybeans hurt our farmers so much. They were forced to lower prices to remain competitive in the global market.
Simply all a tarrif is a tax. Trump gives his fellow billionaires and millionaires a huge wealth tax cut though tarrifs is to raise tax money an limit imports which 88 bush an clinton invented with the easy money NAFTA…
Let’s just change the name of this plant, Earth to The United States and get it over with as also with The UN Security Council
They are already backfiring!!!
America has never had it as bad as trump is going to make it!!!!
‘teriffs’ are the new ‘border wall’.
.. …. not much is actually going to happen. 🌏👌
Incredible! But if you are naive enough to buy the junk he sells it’s all made in China. Wake up folks! 😊
That’s what you get for voting a fool in as President
Great explainer. This plan will fail just like his COVID response
Good summary to me. Judging matters from complete objective analysis is not easy for some, we may not like its results, but if we are serious about anticipating consequences for businesses, country economies and people, then we must. Thank you!
Poor Canada, still in shock by Trump’s reelection, now facing a political chaos about it’s leadership, and always dealing with a spiced up, never ending miss leading media. When will it’s woe’s turn to the better ? Could a possible inclusion of the Canadian Dominion into the USA bring the desired change ? Or will Canadians be second class citizens, and treated like undesirable minorities under a Trump administration ? or worse, maybe deported back to England, China or where ever they originally came from ?
Tariffs are regressive taxes that hurts lower income people more than income taxes
People will react to higher prices by buying less
Trump is a reality show host with a history of fraud and lying.
As a businessman, he has great experience with bankruptcies and my thoughts are that if his handlers allow him to tariff everyone then he will slaughter the US economy.
Of course, he will blame leftists, Marxists, socialists, communists and radical Islam, deep state actors or whomever the bogeyman of the day is.
SMH.
Tarrif means no more 99 cent stores, the cost will be 5 or 7 dollars.
Cost of made in america is priced high because unions get their money, workers get lot more money than they deserve.
America is the richest nation on the planet. They want to be richer than who?
It’s a trump plan, if course it will backfire. He is as ignorant as his voters are.
Why would a trade war be good for anyone? It will crash the economy and cause a worldwide depression and lead to war.
Trump wants to drop tax rates for the wealthy and corporations. To make up for the drop in government revenues, he wants to impose tariffs. That’s it.
Instead of the wealthy and corporations paying taxes, middle class Americans will pay more when they buy things.
This is essentially a wealth transfer from America’s middle and working classes to the wealthy.
I don’t trust Al Jazeera
To Trump supporters, world is too big for youselves. This trump tariff is short term to revitalise your local products but in the long run you will be losing the chance to improve your economy in the future. You get what you vote..World is too big for American alone, better play along with others 😉
especially when American kids are not going to grow tomatoes and avocados, the American kids are too rich and they’re not going to do dirty jobs, Donald Trump will eat his words or just eat his McDonald’s
Free trade is good if trading countries are both production intensive..but in the case of america where domestic production is declining, tariff=protectionism to domestic production. Because american company today outsources its production to china. China in its own way copy the trade secret then if it already created a similar product then it drives out american company as its own way of protectionism
Tariffs = Economic Warfare
Amazing to see how stupid the majority of US voters are to believe a crook like DT.
I live in a country with protectionism, what is does it increase import cost but do create local industries but not at the price we always expect. Its industry dependent. The tool is to lower tariffs when local industries are sufficient to increase their competitiveness
President Trump earned a degree in economics from the Wharton School at the University of Pennsylvania. His thesis was on tariffs. He is a recognized expert on tariffs.
I work in a steel mill outside the US .My job was in danger as Chinese steel was being dumped on a massive scale . The Trump tariffs allowed my company to export to te US market and my job was saved
Trump is the best and Trump will be great for America, he will increase Tariff, make everything cheap for USA while make the world PAY, and Trump will cut down prices in housing & groceries! MAGAforLife!
😂lied to his own people 😂😂
Flawless and easy/clear explanation!
So will Trump’s mate Mr Musk close his Tesla China plant and bring it to America. I don’t think so
petugas my republic WiFi,
Kalo pasang WiFi tetangga pake etika Dan adab dong, jangan pasang kabelnya di atap rumah orang, gak semua orang itu ikhlas atapnya dipake jalur kabel WiFi
It’s not easy in China too. Many companies including Chinese and foreign companies left China and went to Vietnam or India, so a lot of people lost their jobs now.
The future is robotics and automation. There are no jobs to save.
It’s war nothing else
Trump’s An Idiot! Plain and Simple!
Okay thanks you al international and community my family all brothers and sisters my family all amid and all international and community my family all China the government my family all China good happen my family all brothers and sisters my family all Brazil the government my family all Brazil good happen my family all brothers and sisters my family all Russian the government my family all Russian good happen my family all brothers and sisters my family all Indonesia the government my family all Indonesia good happen my family all brothers and sisters my family all Mexican the government my family all Mexican good happen my family all brothers and sisters my family all Malaysia the government my family all Malaysia good happen my family all brothers and sisters my family all philippine the government my family all philippine good happen my family all brothers and sisters my family all Singapore the government my family all Singapore good happen my family all brothers and sisters my family all Venezuela the government my family all Venezuela good happen my family all brothers and sisters my family all Bangladesh the government my family all Bangladesh good happen my family all brothers and sisters my family all Cuba the government my family all Cuba good happen my family all brothers and sisters my family all Japan the government my family all Japan good happen my family all brothers and sisters my family all AUE the government my family all emirates good happen my family all Qatar the government my family all Qatar good happen my family all brothers and sisters my family all turkey the government my family all turkey good happen my family all brothers and sisters my family all South Korean the government my family all South Korean good happen my family all brothers and sisters my family all Saudi Arabia the government my family all Saudi Arabia good happen my family all brothers and sisters my family all north Korea the government my family all north Korea good happen my family all brothers and sisters my family all Egypt the government my family all Egypt good happen my family all brothers and sisters my family all Canada the government my family all Canada good happen my family all brothers and sisters my family all amid and all freedom and Democratic policies my family all African the government my family all African and all human and all history my family all brothers and sisters my family all amid and all freedom and Democratic policies my family all Arab the government my family all Arab good happen my family all brothers and sisters my family all Syria the government my family all Syria good happen my family all brothers and sisters my family all amid and all freedom and Democratic policies my family all Arab the government my family all Arab good happen my family all brothers and sisters my family all palatine the government my family all west bank the government my family all west bank good happen my family all jeursalem the government my family all jeursalem good happen my family all Gaza the government my family all South Gaza the government my family all brothers and sisters my family all north Gaza the government my family all brothers and sisters my family all Rafah the government my family all amid and all freedom and Democratic policies my family all palatine the government my family all brothers and sisters my family all Lebanon the government my family all Lebanon good happen my family all brothers and sisters my family all amid and all from Gaza and all amid and all from al Aqsa mijeda and all jeursalem and all west bank and Gaza all Rafah and all borders and all hunger and all food policies and gas and oil and bank and electricity and water and internet and all hospital and school and building and all health and all WHO and all human and all amid and all international law and all from Rafah and all borders and all hunger and all trucks and all car and bus and all hotel and all amid and all international law and all from Gaza and all WHO and all human and all water and internet and all hospital and school and building and all health and all electricity and all food policies and trucks and car and bus and all hotel and all amid and all international law and all from Gaza and all security and all Egypt and all Lebanon and all Jordan and all Syria and all Iraq and all amid and all security and all amid and all from Gaza and all airlines and all company and all also export and import my family all brothers and sisters my family all South African the government my family all South African and all human and all history my family all peace OK thanks
Red MAGA hats and Trump bibles are made in China. The hypocrisy is bonkers!
Who loves tariffs? Giant corporation in America. Tariffs means less competition so the American companies can jack up their prices. Also, the world will put tariffs on America in return. A lot of materials used by american companies come from abroad and the USA will never make them so eventually everything goes up. Trump will ruin America
I remember someone saying about Brexit “The UK was the first country to impose sanctions on itself”. This seems like more of that.
Every countries in the world should do a reverse UNO to the great USA. 100% TARRIFF TO ALL USA MADE PRODUCTS. A USED TO BE FRIEND ONCE SAID AN EYE FOR AN EYE.
tRump is a one trick pony. Dumb as a rock. 😅😅
*Stormy Daniels backfired on Trump’s tariffs.* So, yes – these things backfire. However. if tariffs are raised to keep Asian goods from demolishing local industry, then these industries should use their own gas – and if they don’t have any, *then tariffs don’t make any sense* because without local energy resources nobody abroad will buy overpriced goods from locally overtaxed businesses. The EU (especially Germans) are overtaxed and therefore have been under-productive for some time before collapsing – Ukraine war and Corona were only convenient distractions that were used as potential accusations towards the rise of BRICS. So, tariffs can backfire by creating joblessness due to inflation from TAX. The Euro is dying, the USD is being dropped in BRICS very soon.
Or buy from US suppliers. I understand the logic but we will see how it works. We need proof to see if it does work in not for or against trump. He’s a businessman and he did study the white house like the stock market. The US is a business
I think he thinks it will hurt the economy for a while but the economy will change the supply chain in the us…
Large business always adapt quicker the markets react… if crypto is adopted by the us then they will remain a superpower as the brics nations gain traction
In America President Musk. Trump is Putin’s puppet. Congratulations, Americans, on the beginning of the end of America.
So massive corporations don’t like. Which means that more than like it’ll result in good things for the average person
TRUMP IS A TAX CHEAT WHO HAD & WILL CONTINUE TO REDUCE TAXES FOR HIMSELF & THE SUPER FILTHY RICH [SFR]. HE WILL IMPOSE INDIRECT TARIFF TAXES ON ALL IMPORTED GOODS IF HE CAN, SO THE WORKING CLASS, SME & ULTIMATELY US’ CONSUMERS PAY !@#$
USA IS TRULY BROKE. US HAS TO RAISE ABOUT $1T EV. 100 DAYS JUST TO PAY INTEREST DUE. IN ADDITION THE BUDGET DEFICITS HAVE TO BE FUNDED, BORROWED TOO. THE BUDGET DEFICIT WILL ENLARGE AS USA COs’ REVENUE FALL. CN IS PRODUCING ITS OWN CHIPs, PASSENGER JETs, SUCH TOGETHER WITH COUNTER-SANCTIONS BY OTHERS, WILL CAUSE $100Bs IN LOST REVENUE TO USA.
TARIFFS PAID BY US’ CONSUMERS AS US COs ONLY BUY OR MANUFACTURED AT LOWEST PRICES IN CN WITH VERY LOW PROFIT MARGINS TO CN COs, AS SUPER COMPETITIVE IN CN. TARIFFS ALSO WILL NOT BRING BACK JOBS AS THE SFR NOT INTERESTED IN LOW VALUE, LOW PROFIT, TOO COMPETITIVE, PRODUCTS AS ALSO HIGH RISKS IN MANUFACTURING SO SUCH WILL NOT BRING BACK JOBS. USA WILL THEN BUY FROM OTHER NATIONS.
TARIFFS WILL ONLY HURT USA MORE AS GOODS THAT CN BUYS FROM USA HAVE MUCH HIGHER VALUE ADDED BY USA SUCH AS AGRICULTURAL PRODUCTS. CN SELLS MANUFACTURED OR PROCESSED MATERIALS, ITS VALUE ADDED TO THESE PRODUCTS IS ONLY LOW.
AS OF 2023 PRIVATE ENTERPRISES CONTROLLED BY THE SFR, THAT ALSO CONTROL MOST FUNDS MANAGED HAVE INCREASED THEIR PURCHASES OF US TREASURIES BUT FOREIGNERS HAVE REDUCED THEIR HOLDINGS. HOW LONG DO YOU THINK SUCH CAN BE KEPT GOING? HOW MUCH FUNDS IN CASH DO THEY, THE SFR HAVE ?
TRUMP 2.0 WILL BE ABOUT HOW TO KEEP USA AFLOAT !@#$
♨️❤️🇺🇸🇩🇴
🇺🇸♨️🇩🇴❤️😀♻️
i left school at 15 and started working with a basic education, but for some wierd reason i knew what these tariffs would end up causing.
why didnt any of these phd economists not think china might just go elsewhere for the goods ?
and another thing, how come nobody saw brics coming ??????
and once these new trade deals are cemented without american involvement there wont be any turning back.
i suppose it shows a higher education doesnt mean you are not an idiot with the real world.
China has stated it will not sell the U.S. rare earth elements, that it will halt purchases of U.S. agricultural products and that it will impose tariffs on purchases from the U.S. Well done Donald.
You may wish to do a bit more investigation on US/Canada trade relationships!!
Now you know why he had failed businesses
Ironically, tariff is a left wing concept. A country should protect its workers and industries from unfair competition from abroad.
The right wing is apllauding Trump without knowing how far left his position is. And democrats, spineless as ever, are attacking him for it.
I buy many of my auto parts from a company in the USA and it’s a good deal even with a Canadian dollar at 70 cents usd.
I notice that some parts are made in Taiwan. If that US company has to pay 25% more to import that product well the price goes up for me and Americans. Then if Canada retaliates and I have to pay 25% on that amount then the product goes up a minimum of 100%. Thanks Donald🤬
Trump is a fraud and a disgusting man
will it backfire? depends on your definition of “backfire”…
(bear in mind, *everything* what$i$face-the-hexagonally-impeached/indicted/convicted touches,
dies)…
if by “backfire” you mean that most of us will pay more for everything we buy and be poorer?
yes it will.
but if you mean that his cabal of billionaires will be even richer.
then, no, it’ll be a roaring success.
because that’s all he’s interested in.
his own wealth, and almost by accident, that of the people who have his ear
and will be shaping policy in his “administration” (clique of tax thieves).
Everything takes 4 to 6 months to see the outcome, no? If China stops trade, there would be a 4 to 6 months til everything China products will run out
This country will become rich? It’s already rich. The problem is, only the people around him have the money.
He says he’ll make us “a manufacturing powerhouse”? How much will those manufacturing jobs pay? Back in the day they paid very little. The plant owners got rich. And “we’re not going to let our wealth be ripped away”? Who’s weath is he talking about?
I haven’t heard anything so stupid in my life before 😂😂😂 trump and his voters or pedo freaks
Trump wants Europe to buy his oil and gas, as otherwise he threatens to increase tariffs immensely. We here are on the way to green energy. Please tell your prospective moron in chief that he might do as he pleases – as long as US businesses and consumers have enough money to pay his beloved tariffs. You are importing far more from us than we do from you. Hence, we might be better suited to endure this longer.
He just keep trying !
How 1 senior American is going to devastate the global economy by wantonly and irrationally continuing with his idiotic Tariffs policy ! Is there any checks and balances on the misuse of the extensive powers bestowed upon his presidential office ?
Then its time to trade with BRICS currency
Trump plan just to support local american product and avoid import sure short term have bad effect but good for long term for america
I don’t think you realize how brilliantly funny you are. The passive aggressive tone works so so well. Tone aside, I really appreciate your ever valid input, you are more than right, and you know it. Fortunately, here in South Africa, our electricity supply already battles to supply basic infrastructure with power, as is the case with the rest of Africa. EV’s would bring the entire continent to a halt. Thank God.