@alexsteven.m6414

Tariffs will increase costs of finished goods and components used throughout US manufacturing. This will be an immediate and huge hike in inflation. To fight inflation the Fed will have to hike interest rates which will be wonderful for the billionaires but possibly take away the middle class. Inflation is so high that consumers are literally taking debt for basic life necessities. Collapse has indeed begun..

@Zero_Point_Energy1

I love how a 30% tariff is now referred to in the media as a “tariff pause.”

@mrm7058

It's not even a real tariff pause. The tariffs have just been reduced to less ridiculous levels

@WilG082

30% is still an insane number it's just not as insane as 145%

@DerraKormino

Sadly, banks continue to stumble, mortgage rates is on the rise with higher imports and lower exports, yet the FED is to lessen cost. So, where do we grow and safeguard our money now? something will eventually break if they keep raising interests and quantitative tightening.

@dtt114

It's not just the 30% tariff on China, but there's also a blanket 10% on all countries plus 25% tariffs on Canada and Mexico.  Then another 25% tariff on steel and aluminum which affect a lot of the items manufactured in the US.  You're looking at price increase for BOTH domestic and imported goods.

@TimeCells2035

I must say that CNBC is making one of the most interesting documentaries on YouTube. 
Thank you guys.

@later_daze_4080

30 percent on everything coming in is not what I'd call a pause, FFS.

@sxz62

Have these truckers got what they wanted? Why crying?

@CT-vm4gf

Same old story, Americans thinking and hoping that rich people have their backs. It hasn’t worked for 40 years but you keep on hoping…

@mayito9100

The greatest challenge of this world is knowing enough about a subject to think you are right, but not knowing enough about the subject to know you are wrong…

@johnnytran800

If you havent gotten the clue, 145% tariffs wouldve paused shipments indefinitely. 30% is just enough to resume shipments only put that 30% tax onto consumers.

@stevesmith-sb2df

China has the logistics infrastructure that other low wage countries don't have.

@saipranay3416

Making America great again ❌ 

making America unaffordable ✅

@robertdubois2685

Only thing that will save the USA is getting Trump out of office ASAP.

@Robert-p4e7b

He could stop his 30% madness any second. With each passing day, 
small businesses and supply chains are irretrievably destroyed.

@normp3273

Trump is such a buffoon. Got to be the dumbest president in the history of the United States 🤦‍♂️

@dannybaker8030

So, do I order now at 30% only to have rates fall to 10% in 2 weeks? The rates are brutal but the unpredictability is devastating!

@carbonforms

Taxing the working class to pay for tax breaks on the billionaires. 30% is still way too high.

@ibme93

Once prices go up, they will not go back down.