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Trump's Tariffs are a Misguided Solution Trump argues that the world is screwing the US with unfair trade practices and that tariffs will level the playing field. But the truth is our trade deficits aren’t because of foreign cheating, they’re because of our uncompetitive economy

Peter Schiff

1,356,556 subscribers

80,062 views • 1 year ago •via X (Twitter)

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11 Comments

Simple Mining1 year ago

Still doesn't mean they should be charging us way more than we charge them. We are the United States of America.

Slingshot News1 year ago

🚨EXCLUSIVE: Here’s How Donald Trump Can Break China’s Battery Monopoly What do YOU think about this idea? Let us know in the comments ⬇️ Be sure to follow @NewsSlingshot for more exclusive reports!

Gat1 year ago

Do you hate tariffs? Or do you just hate Trump

Crypto Lord1 year ago

Oooo sftu you old btc lettuce hand

Bitcoin Collector.1 year ago

It worked in 2016 and it will work again.

Jakub Wozinski1 year ago

The EU doesn't have more competitive economy, yet it generates almost $200 trade surplus with USA

PepeBrandAlpha1 year ago

Sounds like someone has been getting rich off cheating the American taxpayer @PeterSchiff COPE!!

TheKnightofEvening1 year ago

????? 🤔

Dmitri_us 🔥1 year ago

Peter what if Bitcoin is a winner ?

u-2351 year ago

Every year we have a 3 trillion difference in spending that leads to the defect. If countries paid the same % tariffs they charge us. We would easily have a surplus in a couple months.

DustinClouse1 year ago

You are massively long Chinese stocks and refuse to apply the same logic to them that you do the US. You are lobbying for stock welfare that benefits your portfolio

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Rapid Response 47

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Kinzinger: He has a fundamental misunderstanding of the role of tariffs. He really believes that the US is going to get very rich from tariffs. And this is going to close the budget deficit. That's not the reality. Tariffs should be used if you're fighting real unfair trade practices, but not against your friends, and not because you think you can raise money with it

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MaggieWise ⭐️⭐️⭐️

11,390 views • 1 month ago

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413,473 views • 1 year ago

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