10 Facts about TARIFFS

Tariffs are not a negotiating tactic; they are a tax on YOU (not China), every single time.
Join us for this takedown and breakdown of tariffs, as we journey through the relevant history and economics.
HOW TO NOT BE AN NPC ON TARIFFS: Click here for a course that breaks down what tariffs really do—and why no one’s telling you the full story. https://go.studentsforliberty.org/learn-tariffs
Note: The estimated cost of proposed tariffs on U.S. households increased during the production of this video. See timestamp 1:28 for more.
Also referenced in this video: 42% of Americans Are OBESE. Here’s Why.
CHAPTERS
0:00 Tariffs: Crony capitalism at its worst
0:57 What happens when a tariff is imposed?
1:45 Can the president even do this?
3:13 Trade Wars
4:55 Corn Law: Most disastrous tariff ever
7:08 Previous presidents’ tariffs
8:13 The Tariff Act of 1789
9:14 Why use tariffs at all?
11:28 The vicious cycle of government action
12:38 Consumers pay the price
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