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Tariffs raise input costs. Higher input costs mean higher prices. That’s inflation. You don’t tariff commodities you don’t make, lumber, food, raw materials because it hurts consumers immediately. This isn’t complicated, and it’s fixable. If you want to ease pressure on households fast, you start with smart tariff policy... show more

Kevin O'Leary aka Mr. Wonderful

1,207,784 subscribers

48,966 views • 5 months ago •via X (Twitter)

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Inflation isn’t all the same. When prices rise because demand is strong, firms earn more and can raise wages. With tariff-driven inflation, firms face higher costs, not higher revenues—so prices go up but paychecks don’t. Same pain, less gain.

Inflation isn’t all the same. When prices rise because demand is strong, firms earn more and can raise wages. With tariff-driven inflation, firms face higher costs, not higher revenues—so prices go up but paychecks don’t. Same pain, less gain.

Justin Wolfers

37,523 views • 7 months ago

Here's what Donald Trump's executive orders and immigration actions will mean for you: Higher housing & food costs when construction and farm workers are deported. Higher costs across the board when consumers pay for Trump tariffs. So much for his promise of lower prices.

Here's what Donald Trump's executive orders and immigration actions will mean for you: Higher housing & food costs when construction and farm workers are deported. Higher costs across the board when consumers pay for Trump tariffs. So much for his promise of lower prices.

Senator Adam Schiff

292,168 views • 1 year ago

Kevin Hassett tries to gaslight Fox News viewers into thinking that American consumers don’t bear the brunt of Tariffs. “There are so many people who keep saying ‘it’s the American consumer that’s going to bear this tariff that’s going to make inflation go up, etc… In President Trump’s view, it’s these countries who are sending inelastic supply to the country, so they are going to bear the brunt… The fact that they are all angry and upset and sending retaliation our way, it suggest that Trump is right.” This is so wrong. First of all, countries don’t send inelastic supply. It would be inelastic demand, and even when demand is inelastic suppliers don’t typically lower their prices to absorb tariffs. Secondly, numerous studies (including from the Federal Reserve, National Bureau of Economic Research, and CBO) show that U.S. importers and consumers bear the vast majority of tariff costs. Tariffs are taxes on imports. U.S. companies pay those tariffs when they bring goods in—and usually pass the cost to consumers through higher prices. Don’t let them gaslight you.

Kevin Hassett tries to gaslight Fox News viewers into thinking that American consumers don’t bear the brunt of Tariffs. “There are so many people who keep saying ‘it’s the American consumer that’s going to bear this tariff that’s going to make inflation go up, etc… In President Trump’s view, it’s these countries who are sending inelastic supply to the country, so they are going to bear the brunt… The fact that they are all angry and upset and sending retaliation our way, it suggest that Trump is right.” This is so wrong. First of all, countries don’t send inelastic supply. It would be inelastic demand, and even when demand is inelastic suppliers don’t typically lower their prices to absorb tariffs. Secondly, numerous studies (including from the Federal Reserve, National Bureau of Economic Research, and CBO) show that U.S. importers and consumers bear the vast majority of tariff costs. Tariffs are taxes on imports. U.S. companies pay those tariffs when they bring goods in—and usually pass the cost to consumers through higher prices. Don’t let them gaslight you.

Ed Krassenstein

191,287 views • 1 year ago

Many of you have now heard from sweetser_kyle. This is the background story of how Trump's tariffs doubled costs for his business. He knows first-hand how tariffs raise prices, and hurt small businesses and consumers. If you like this ad, please repost.

Many of you have now heard from sweetser_kyle. This is the background story of how Trump's tariffs doubled costs for his business. He knows first-hand how tariffs raise prices, and hurt small businesses and consumers. If you like this ad, please repost.

Haley Voters for Harris

39,820 views • 1 year ago

WATCH — Jessica Tarlov: “15% is higher than 1%… tariffs are a tax on the American consumer… they’re not going to eat the tariff, they’re going to pass it on to you… that’s why people don’t rate Trump highly on inflation, and why he’s talking about rebate checks.”

WATCH — Jessica Tarlov: “15% is higher than 1%… tariffs are a tax on the American consumer… they’re not going to eat the tariff, they’re going to pass it on to you… that’s why people don’t rate Trump highly on inflation, and why he’s talking about rebate checks.”

The Tennessee Holler

23,018 views • 11 months ago

TWEEPS: Costs are up. Paychecks aren’t. Trump’s tariff lies and economic fail have collapsed into a nationwide squeeze on all Americans. Let's get 1,000 fast RTs and replies with #TrumpAffordabilityMeltdown to make it trend. Please and thank you! 🙏💪

TWEEPS: Costs are up. Paychecks aren’t. Trump’s tariff lies and economic fail have collapsed into a nationwide squeeze on all Americans. Let's get 1,000 fast RTs and replies with #TrumpAffordabilityMeltdown to make it trend. Please and thank you! 🙏💪

BrooklynDad_Defiant!☮️

27,506 views • 4 months ago

Donald Trump and Republicans in Congress cancelled talks on averting a destructive shutdown. It seems they are intent on causing more economic pain and higher healthcare costs. That’s a disservice to the American people.

Donald Trump and Republicans in Congress cancelled talks on averting a destructive shutdown. It seems they are intent on causing more economic pain and higher healthcare costs. That’s a disservice to the American people.

Senator Adam Schiff

255,691 views • 9 months ago

Because of the Trump administration’s reckless tariffs, costs are skyrocketing on everything from groceries to the lumber to build homes. Families’ budgets are stretched thin and small businesses are being crushed by higher costs. We must end these tariffs immediately.

Because of the Trump administration’s reckless tariffs, costs are skyrocketing on everything from groceries to the lumber to build homes. Families’ budgets are stretched thin and small businesses are being crushed by higher costs. We must end these tariffs immediately.

Amy Klobuchar

44,143 views • 7 months ago

Schumer: "It needs to be a bipartisan bill with real Democratic input. Why? Because the American people are hurting in terms of higher costs."

Schumer: "It needs to be a bipartisan bill with real Democratic input. Why? Because the American people are hurting in terms of higher costs."

Aaron Rupar

81,838 views • 9 months ago

Rep. Khanna: The affordability crisis, higher health care costs, higher child care costs, higher food prices, because of tariffs. Trump's China policy isn't working. China has the biggest trade surplus in recent years. And our trade deficit, despite all the tariffs, is projected to be higher than in 2024. At some point, people have to look at the numbers.

Rep. Khanna: The affordability crisis, higher health care costs, higher child care costs, higher food prices, because of tariffs. Trump's China policy isn't working. China has the biggest trade surplus in recent years. And our trade deficit, despite all the tariffs, is projected to be higher than in 2024. At some point, people have to look at the numbers.

FactPost

25,863 views • 6 months ago

Scott Bessent is a clown. A total embarrassment. The importer of record pays the tariffs—not China. And those costs get passed down to you in the form of higher prices. You all get that, right? It’s not rocket science.

Scott Bessent is a clown. A total embarrassment. The importer of record pays the tariffs—not China. And those costs get passed down to you in the form of higher prices. You all get that, right? It’s not rocket science.

Christopher Webb

97,713 views • 1 year ago

Tariffs were never meant to be a weapon. The original idea was reciprocal trade, if Switzerland hits an American product with an 8.3% VAT, we match it with an 8.3% tariff. That system worked for decades. But lately, tariffs have turned into tariff warfare, punitive moves like the 50% hit on Canada and Mexico, now sitting at 25% during a political standoff. That’s not strategy, that’s negotiation through pain. Here’s the problem, when you tariff things you don’t even produce, you’re not punishing the other country, you’re punishing Americans. Take potash as an example, it’s in Saskatchewan, we don’t have it. So a 25% tariff makes farmers pay more, which makes food cost more. Same with bananas, pineapples, aluminum inputs, all of it. Small businesses can’t absorb those costs, they pass them on, and the consumer gets hammered at the kitchen table.

Tariffs were never meant to be a weapon. The original idea was reciprocal trade, if Switzerland hits an American product with an 8.3% VAT, we match it with an 8.3% tariff. That system worked for decades. But lately, tariffs have turned into tariff warfare, punitive moves like the 50% hit on Canada and Mexico, now sitting at 25% during a political standoff. That’s not strategy, that’s negotiation through pain. Here’s the problem, when you tariff things you don’t even produce, you’re not punishing the other country, you’re punishing Americans. Take potash as an example, it’s in Saskatchewan, we don’t have it. So a 25% tariff makes farmers pay more, which makes food cost more. Same with bananas, pineapples, aluminum inputs, all of it. Small businesses can’t absorb those costs, they pass them on, and the consumer gets hammered at the kitchen table.

Kevin O'Leary aka Mr. Wonderful

83,309 views • 4 months ago

Q: “You promised to LOWER prices — tariffs will pass costs on to the consumer.” TRUMP: “Tariffs don’t cause inflation they cause success… people will understand some ‘disruption’.” 🤔 🤷🏼‍♂️

Q: “You promised to LOWER prices — tariffs will pass costs on to the consumer.” TRUMP: “Tariffs don’t cause inflation they cause success… people will understand some ‘disruption’.” 🤔 🤷🏼‍♂️

The Tennessee Holler

28,564 views • 1 year ago

Right now, President Trump has higher tariffs on Canada than on China. I have Republican colleagues proposing to send “tariff relief checks” – just don’t have an insane tariff policy to begin with.

Right now, President Trump has higher tariffs on Canada than on China. I have Republican colleagues proposing to send “tariff relief checks” – just don’t have an insane tariff policy to begin with.

Elissa Slotkin

14,338 views • 10 months ago

Right now, I'm heading to our Senate Agriculture Committee hearing on fertilizer supply & affordability. Farmers in Minnesota & nationwide are being squeezed by rising input costs — like higher fuel costs — driven by the Administration’s tariffs & the ongoing conflict in Iran.

Right now, I'm heading to our Senate Agriculture Committee hearing on fertilizer supply & affordability. Farmers in Minnesota & nationwide are being squeezed by rising input costs — like higher fuel costs — driven by the Administration’s tariffs & the ongoing conflict in Iran.

Amy Klobuchar

17,885 views • 1 month ago

There you have it. Every Republican on the Budget Committee just exposed our middle class to higher costs, Medicaid recipients to benefit cuts, and gutted programs that feed kids. All this betrayal to cut taxes for their billionaire friends. That’s it, that’s the headline.

There you have it. Every Republican on the Budget Committee just exposed our middle class to higher costs, Medicaid recipients to benefit cuts, and gutted programs that feed kids. All this betrayal to cut taxes for their billionaire friends. That’s it, that’s the headline.

Congressman Gabe Amo

337,400 views • 1 year ago

Gavin Newsom blames tariffs on lumber for our insane construction costs. But why are we importing lumber? We have all we need in our overgrown forests if only Democrats would let it be harvested! It’s not ‘Trump’s tariffs’ raising construction costs Gavin Newsom, it’s you!

Gavin Newsom blames tariffs on lumber for our insane construction costs. But why are we importing lumber? We have all we need in our overgrown forests if only Democrats would let it be harvested! It’s not ‘Trump’s tariffs’ raising construction costs Gavin Newsom, it’s you!

steve hilton

270,254 views • 1 year ago

Q: Trump is proposing a 20% across-the-board tariff on everyday products. Are you concerned Trump’s tax will drive up costs for Americans? Mitch McConnell: Yeah, I’m not a fan. It will raise prices for American consumers

Q: Trump is proposing a 20% across-the-board tariff on everyday products. Are you concerned Trump’s tax will drive up costs for Americans? Mitch McConnell: Yeah, I’m not a fan. It will raise prices for American consumers

Headquarters

2,351,982 views • 1 year ago