Comments by "Ton Bong" (@tongobong1) on "" video.

  1. @ I am talking about valuating the stock markets. I guess you don't know nothing about it. No wonder only uneducated complain about Trump tariffs crashing stock market.
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  2. But EU tariffs for imports from USA are already much higher than USA for European imports. We Europeans are lucky that Trump didn't give us the same tariffs that we charge for American imports.
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  3. But it is their duty to earn more profit. It is a duty of government to take care of its people and Trump is the only president who did the right thing to protect people and jobs. This is why he is regarded as the greatest American president here in Switzerland - Europe.
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  4.  @Jackripper-m1v  you should know that US market was heavily overpriced and this is the main reason stocks went down and not the tariffs.
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  5. @ you are also wrong. EU charges 22% VAT for every imported goods to EU and +10% for cars from US. So if you buy a car for 10k in US then you will pay additional 3k to import it to EU. If you bought a car in EU for 10k then you would have to spend only $250 to import it to US - 2.5% tariff. By new tariff you will spend 2500 and this is still less than 3000. I know VAT is not a tariff but it has the same effect as tariff for US exporters.
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  6. You are missing the fact that there are 20% of unreported unemployed Americans that would love to have a job and cannot get one because of lost manufacturing. Every administration lies about the number of unemployed people. The number is at all time high because of the number of people living in USA is at all time high and manufacturing jobs were lost decades ago.
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  7.  @davidbrisbane7206  10% is a base tariff from now on. EU has 22% base tariff called VAT - it is a tax yet it is also like a tariff making price of imports 22% higher.
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  8. @ now ask the chatbot how much it costs to import a car from US to EU and how much it costed to import a car from EU to US before the new tariffs. I can tell you that after you bought the car in the US you had to pay 33% on top of the price for a car to import it to EU and if you bought a car in EU you had to pay just 2.5% to import it to US. Today you will have to pay 25% that is still lower than 33%.
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  9. @ Market crashed because it was heavily overpriced. Tariffs were just a trigger of something that was building for the last couple of years.
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  10. @ you might know something about cars but you don't know much about tariffs. Americans will start buying American made cars more instead of paying 10k more for BMW. BMW will soon move production to America so it can compete with prices for cars made local like Ford that is quite a decent car even for German standards. I guess you Germans will suffer because part of production will go to America.
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  11. @ if you import a 10k car from US to EU you will pay 3k so this is like a 30% tariff it is the sum of 10% tariff and 20% VAT. If you imported a 10k car from EU to US you just paid 2.5% tariff.
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  12.  @TeamImpulseLA  there are two options: 1.consumers will pay more because of tariffs but they will have more jobs and higher salaries and country will earn a lot from importers. 2. importers will pay the tariffs by reducing the large margin. In this case prices for consumers will stay the same, number of jobs will not grow and no higher salaries for that industry but country will earn a lot from importers. Both options are great for America.
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  13. @ you forgot that many import margins are very high so they will easily absorb the tariffs.
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  14. @ VAT is not a trade barrier but it is a terrible high tax and instead of protesting it the naive people are protesting very reasonable Trump tariffs. You are beyond help not knowind what is good and what is bad for the people of free world.
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  15. @ exactly! Countries of the free world with a great economy are getting destroyed by tyrannical countries because work there is so cheap. It is time for democratic capitalist countries to protect workers from tyrannic countries taking our jobs.
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  16. @ consumers are forced to buy cheap because many are unemployed or have low salaries because China and other tyrannic countries stole so many jobs from US.
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  17. @ yes but no plant is going to be 100% automated so they will still generate jobs and also taxes for country and at least they will raise the social security. Having plants is much better for a country no plants. Beside building the plants also provides jobs for construction workers and engineers that install the equipment.
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  18. @ both come back. There is no 100% automated plants. I saw the inside of a robot manufacturing plant and it had many workers building robots that manufacture products. You would think a plant that is manufacturing robots would be close to 100% automated right? Well the reality is very different.
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  19.  @davidbrisbane7206  accordint to ChatGPT: High Automation (robots do most tasks) will replace 30–70% of workers. So 30 to 70% of workers are still needed in highly automated plants.
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  20. If you believe the media lie that tariffs are based on trade deficits then you are the mor...
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  21.  @gruty728  fake calculation by media. The real calculation is very different.
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  22.  @davidpaterson2309  it is absurd to complain about Trump reasonable tariffs when we have terrible VAT of 22% here in EU.
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  23. Yes only penguins still believe in anti-Trump media.
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  24.  @cilfynnydd  importers will pay tariffs to prevent domestic competition from taking their market share.
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  25. Vietnam is earning a lot of money by selling to US and it is stealing jobs from US. Tariffs will take a part of that money and give it to US and some jobs will come back to US. You think this is comedy/nonsense?
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  26. Many jobs are coming back because they don't want to pay tariffs.
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  27. This is another fake media narrative.
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