Comments by "Aaron Okeanos" (@AaronOkeanos) on "Trade expert breaks down Donald Trump’s tariffs | LBC analysis" video.

  1. I love experts. Especially those who can explain complex things comprehensible in a short form.
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  2. Since Trumps inauguration the US stockmarket lost 2000 points already. Not all at once but gradually because everytime Trump messes around with tariffs consumer and investment confidence is going down. The uncertainty makes every decission harder or impossible. And I would not be surprised if Trump keeps playing with this instrument. I would not even be surprised if Trump cancels the tariffs before april-2. He is like a little kid playing with a lightswitch.
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  3. And for that very reason the EU created the EU customs union so all 27 countries have the same tariff regime.
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  4. It's not enough. Companies who import make bussiness decissions not political one. They use whatever is cheaper and you will not make them volunteering to boycott something. This is what tariffs are for to force bussiness to chose differently.
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  5. Even if manufacturing is returning partially to America you still need resources or components and then these are under tariffs. The problem just moves down the supplychain. And then the problem is can you really manufacture cheaper in America with the higher wage costs than e.g. Vietnam or China. So prices might eventually go up even or maybe especially if you produce in America. Either way the consumer gets higher prices.
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  6. Is Trump really expecting that people who live on paycheck to paycheck (60%) who suddenly realize that money runs out earlier than before will believe any excuse coming over Fox News or Trump himself?
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  7. Sounds familiar.
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