Saltar al reproductor
Saltar al contenido principal
Saltar al pie de página
Buscar
Iniciar sesión
Ver en pantalla completa
Me gusta
Comentarios
Añadir marcador
Compartir
Añadir a la lista de reproducción
Denunciar
Trump's Tariff Tightrope: A Looming Trade War?
Money Explainers
Seguir
hace 4 días
Will Trump's tariff deadline spark a new trade war? Businesses and consumers brace for impact as negotiations stall.
#TradeWarCountdown #TariffTalks #USBusinessImpact
Categoría
🗞
Noticias
Transcripción
Mostrar la transcripción completa del vídeo
00:00
The specter of a renewed trade war hangs heavy as President Donald Trump's temporary tariff
00:05
pause is set to expire. After hinting at an extension, Trump reversed course, declaring
00:12
an end to the grace period and informing countries of their new tariff rates. He stated it has been
00:18
harder than planned to forge new trade deals, claiming nations are spoiled from having ripped
00:23
us off for 30-40 years. This could mean a fresh wave of tariffs, driving up costs for businesses
00:30
and prices for consumers. Trump recently announced a trade agreement with Vietnam, imposing a 20%
00:38
tariff on Vietnamese goods and 40% on products rooted through Vietnam from other countries.
00:44
Tariff uncertainty has led the Fed to delay interest rate cuts, with inflation remaining
00:49
above its 2% target. Companies that stocked up on inventory in the spring may see higher
00:55
prices for consumers this summer and fall as supplies dwindle. White House officials are
01:01
in talks with 18 top trading partners, including the EU, Japan and India. In return, Vietnam will
01:09
not levy tariffs on U.S. goods. U.S. imports from Vietnam soared by nearly 20% last year as
01:16
companies like C&C shifted production from China to avoid tariffs. Trump also suggested a trade deal
01:23
with India was close, after previously threatening a 26% tariff. A deal with Japan, however, seems
01:30
unlikely due to a disagreement over rice imports. With Japan already facing a 25% tariff on cars to the
01:38
U.S. and a reciprocal 24% if the pause expires. The EU's top trade negotiator is in
01:46
Washington, with the EU threatening $100 billion in retaliatory tariffs, if no deal is reached
01:53
by July 9th. Uncertainty also looms for smaller trading partners, like Madagascar, the U.S.S.
02:00
main vanilla supplier, which faces a 47% tariff. This follows the initial Liberation Day, announcement
02:08
in April that saw tariffs of 24% on Japanese imports and 20% on EU products. A move, Trump
02:16
said, would end decades of the U.S. being looted, pillaged, raped and plundered. The initial
02:22
announcement sent stocks tumbling, wiping out trillions from the S&P 500 and increasing government
02:30
borrowing costs as investors fled U.S. assets. Just a week later, Trump paused most tariffs for 90 days,
02:39
aiming to broker new deals with up to 75 trading partners. White House officials framed this as an
02:46
art-of-the-deal tactic. However, the estimated $80 billion in additional tariff. Revenue collected
02:53
pales in comparison to the multi-trillion-dollar market gyrations. Nearly three months later, no major trade
03:01
agreements have been finalized. With only a framework reached with the UK with the July 9th deadline fast
03:08
approaching. U.S. businesses face hefty levies on overseas goods once again. Tariffs, essentially taxes
03:16
on imports, can either reduce company profits or be passed on to consumers as higher prices. Investors
03:23
largely anticipate an extension of the deadline, expecting no major tariff spike. J.C. Morgan's
03:30
Hussein Malik notes that while tariff fatigue exists, trade policy concerns persist. Some tariffs,
03:38
like the blanket 10% on all imports and higher rates on steel, aluminum and autos, remained in place
03:44
throughout the pause. The U.S. and China also agreed to a 90-day pause, with the U.S. cutting its
03:51
effective rate on Chinese imports. While current tariffs haven't significantly disrupted the economy,
03:58
Federal Reserve Chair Jerome Powell warns of potential future effects. Trump touted the Vietnam
04:04
agreement as opening up their market to American-made SUVs. Despite the average Vietnamese wage being
04:12
around $600 a month. Money expires
Recomendada
4:48
|
Próximamente
Unveiling the Impact: Trump's Spending Bill Explained
Money Explainers
ayer
2:22
Trade War Escalates: Trump's "Take It or Leave It" Tariffs
Money Explainers
ayer
3:27
Trump IGNORES Multiple Phone Calls from Congress During Oval Office Signing | What’s He HIDING?
Oneindia
23/5/2025
2:01
'We're at war with everyone' analyst says of Trump's tariffs that upended global trade and markets
WCCO-AM / 830 WCCO
4/4/2025
1:24
Trump Reveals Next Steps For Trade Deals As Tariff Deadline Looms
Forbes Breaking News
12/6/2025
2:03
'We're Negotiating With Many Countries': Trump Discusses Ongoing Trade Deals And Tariff Strategy
Forbes Breaking News
5/5/2025
2:32
Trump THREATENS EU With ‘I DON’T WANT A DEAL’ Move | EU Scrambles To Avoid Full-Fledged Trade War
Oneindia
23/5/2025
4:52
Trump Tariff War : Global Trade Disruption | Economic Fallout| Oneindia
Oneindia
4/3/2025
3:42
China DEFIES Trump: U.S. Tariffs Must END For Any Deal | Trump Launches Fiery Attack, Vows REVENGE
Oneindia
25/4/2025
1:56
Trump Asked Which Nations Are Close To Trade Deals As Tariff Pause Deadline Nears
Forbes Breaking News
27/6/2025
2:43
China, EU hit back at Trump's tariffs as trade war intensifies
AFP English
3/4/2025
4:01
U.S Hit With BIGGEST Tariffs Ever By Canada, China & EU After Trump's Provocative War Hits Markets
Oneindia
3/4/2025
1:34
US-China talks to defuse trade row continue, Trump says many things agreed to
The Star
11/5/2025
3:30
‘Pay Tariffs or Stop Doing Business with Us’: Trump Dares Nations, Shrugs Off Market Crash | Details
Oneindia
13/4/2025
1:46
Trump Asked: If Some Deals Aren't Done By July 9th Deadline, Will Some Tariffs Go Back Up?
Forbes Breaking News
30/6/2025
5:39
Trump Slaps Heavy Tariffs on India: ‘Friend’ Modi Treated US Unfairly – Claims Trade War Justified
Oneindia
3/4/2025
4:00
Do Chinese And U.S. Tariffs Signal a New Trade War?
TaiwanPlus News
4/2/2025
3:23
Beijing Says ‘No Call’ With Trump Despite White House Claims | Slams U.S. ‘Discriminatory Actions’
Oneindia
3/6/2025
0:59
Trump delays EU tariffs until July 9 amid trade talks
AWANI
26/5/2025
1:42
Trump: I'd love a trade deal with my friend Xi
The Star
11/4/2025
1:38
Donald Trump’s trade wars takes toll on Americans as US tariffs begin to bite
ABC NEWS (Australia)
11/4/2025
0:47
Trump Denies "Chickening Out" on Tariffs, Says Delays Are Strategic Moves to Advance Negotiations
Benzinga
29/5/2025
3:17
Trump Under Economic Pressure: Forced to Soften on China - 'Lower Tariffs Soon'| Trade War Backfires
Oneindia
5/5/2025
1:01
Twelve states urge court to strike down Trump's tariffs
AWANI
22/5/2025
3:03
U.S Slaps 145% Tariffs on China: Trade War EXPLODES | China Warns of Retaliation
Oneindia
11/4/2025