4.6 • 918 Ratings
🗓️ 2 February 2025
⏱️ 84 minutes
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0:00.0 | Well, it is a trade war. |
0:04.9 | Trump declares a trade war on Mexico, Canada, and China. |
0:10.9 | More tariffs on China. |
0:13.4 | Trump has just signed three executive orders. |
0:16.5 | Three executive orders placing across the board 25% tariffs on all goods coming in from Canada and Mexico. |
0:24.3 | He's making an exception for oil imports, only imposing a 10% tariff on Canadian and Mexican oil. |
0:32.9 | That's what he should be putting the tariff on to save the planet. |
0:37.9 | But of course, he lowers the tariff on oil from Mexico and Canada. |
0:43.3 | He also placed a 10% tariff across the board on all Chinese imports. |
0:49.6 | The tariffs go into effect on Tuesday. |
0:51.7 | Trump's executive orders state that these tariffs only go one way. |
0:57.5 | He warned Mexico, Canada, and China that should they decide to retaliate, he will increase the |
1:04.7 | tariffs. Canada reportedly has a plan to retaliate with tariffs specifically targeting red states, |
1:14.8 | putting tariffs on goods produced by red states. |
1:18.9 | This is something China did in the lead up to the 2020 presidential election. |
1:23.7 | With tariffs, they targeted farmers in Iowa to punish Donald Trump for his tariffs, |
1:33.5 | which is why Donald Trump had a bailout farmers before the 2020 election to the tune of |
1:40.4 | something like $20 billion because China was retaliating, targeting red states to punish him |
1:49.0 | for these tariffs. Donald Trump on Saturday night justified the tariffs as part of his war |
1:58.4 | on fentanyl. Trump said the only way the tariffs will come down is the fentanyl stops |
2:04.6 | coming into our country. You know, another thing you could do is free treatment on demand, free mental |
2:12.6 | health care for all Americans instead of allowing it to be privatized by Mitt Romney's Bain Capital. |
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