Tariffs Are Trump's Favorite Weapon. Who Will Pay the Price and Will It Make America Great Again?

Tariffs Are Trump's Favorite Weapon. Who Will Pay the Price and Will It Make America Great Again?40:07

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Останній Капіталіст

Published at:

2/12/2025

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79K

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Free trade is becoming a thing of the past as the global economy splits into camps. Trump accuses Canada and Mexico of all troubles, imposes 25% tariffs, but quickly negotiates concessions. China only gets 10% tariffs, despite having the largest trade deficit with the US. What's the real purpose behind this game? We analyze pressure tactics and real trade figures between the US and its neighbors. Will protectionism work for the world's largest economy? 0:00 Introduction 2:25 Corporate racketeering 7:24 Trump's escalation 9:43 Canada 18:07 Mexico 23:09 China 29:18 Context, why? 32:58 Lessons for Ukraine 38:57 Conclusions