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USA Ignites Trade War - Joe Blogs
In this video I talk about the recent tariff increases announced by Donald Trump including the 30% tariff on all imports from Mexico and the European Union. These tariffs are much higher than the markets were expecting and will send prices in the USA soaring and may. It is also likely that the EU and Mexico, as well as other nations such as Canada and Japan, will retaliate and this has the potential to spark a full global trade war.
Chapters:
0:00 Intro
1:37 TRADE DEFICIT
5:19 IMPORTS
9:29 EU
13:18 MEXICO
15:42 TARIFFS
19:09 SUMMARY & CONCLUSION