Where does the money from tariffs come from? How do Canada-US tariffs affect everyday consumers like you and me? Did Prime Minister Mark Carney promise to give the revenue from retaliatory tariffs towards funding the CBC? MAGA people will believe anything Donald Trump says, so let’s break down the reality of this trade war and tariffs situation.
In Episode 143 of The Bill Kelly Podcast, host Bill Kelly delves into the complexities of tariffs and their impact on consumers and businesses. He discusses the confusion surrounding government policies, the misconception that tariffs are a financial boon for governments, and the reality that consumers ultimately bear the cost. Bill emphasizes the need for consumer pressure on governments to reconsider tariff policies, especially in light of the economic challenges faced by average Americans under the current administration. The conversation highlights the intricate relationship between trade agreements, government decisions, and the everyday lives of consumers.
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SubStack:
CHAPTERS
00:00 Introduction to Tariffs and Economic Confusion
02:46 Understanding Tariffs: Who Pays?
05:30 Impact of Tariffs on Consumers
08:47 Government Negotiations and Business Pressure
11:29 The Role of Public Perception in Economic Policy
14:25 Injured? Call Wissenz Law! 905 522 1102
FURTHER READING
Canada-U.S. Trade Tracker: Examining our economic integration and the risks of tariffs
https://businessdatalab.ca/canada-u-s-trade-tracker/
How Trump’s tariffs expert made up a fake expert for his book ‘Death By China’
Fact check: Trump and Vance keep falsely describing how tariffs work
https://www.cnn.com/2024/09/09/politics/fact-check-trump-vance-tariffs
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