Trump’s tariffs: From words to action

Watch Trump’s tariffs: From words to action - AlArabiya English on Dailymotion

Transcript

00:00It's a brighter day for stock markets after the trade tariff tantrums of recent days.

00:07Why aren't investors turning so cautious when it comes to Trump's tariffs?

00:13Because he spoke extensively about implementing tariffs in the election campaign.

00:18Yeah, that's right.

00:20I think based on what we've seen before from the Trump administration in the first term

00:27is that he would often use tariffs as a threat to get something he wanted on another policy,

00:34whether it be on immigration reform or on things like keeping fentanyl out of the United

00:40States.

00:41And these were really kind of thinly veiled threats, knowing that there may be some sort

00:46of action from these trading partners, and therefore the tariffs would not be implemented.

00:52He is taking a much different approach this time, in which these tariffs are going into

00:56effect and the markets are responding.

00:59And I think they'll continue to respond the longer these tariffs are enacted, given the

01:04fact that the prices and the amount of goods, we're talking about tens of billions of dollars

01:11worth of industrial goods that these tariffs are hitting.

01:15That's going to take a serious toll on the economic growth of the world.