[VIDEO] While I did a poor job of really getting at the issues of this election other than perhaps how I believed the Biden/Harris administration was running America and perhaps the economic and crime issues that many Americans are concerned about. Also the immigration issue which President-elect Donald Trump pledged to take on day one. The one thing Trump was on record discussing were on tariffs which is a tax on exports/imports.
We'd have to go back to the 2016 election on which 45th President Trump successfully ran on the idea of America first. Bringing back manufacturing jobs to America as opposed to allowing those jobs to be sent to those nations that offer cheaper labor. And Trump wasn't the only one who had some "protectionist" rhetoric and proved to say some of the same things that President Trump is talking about today.
"Edu-tuber" Mr. Beat looks at what is a tariff and the times they have been used and why tariffs generally aren't beneficial to those nations that issues them. One thing I could see with tariffs is that other countries - as noted in this video - could retaliate with their own tariffs. Also the idea that while goods for consumers are cheaper than ever before the concern could be how expensive these goods could become once a tariff could become issues.
Do you think President-elect Trump's usage of tariffs are a great idea or do you think they may prove problematic in the future?
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