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TRUMP TARIFFS - What is Going On...

I’ve lost $30,000 in just 2 Days… That’s all because of TRUMP’s TARIFFS The world economy is on fire, markets are crashing and we’re seeing red losses across the board… We haven’t seen a market crash this bad since March 2020 I’m going on a 20 minute rant on these devastating US Tariffs. I’ll break down what exactly is happening, what these tariffs mean, how these tariffs are NOT reciprocal by any means and the ridiculous calculation they’re using to justify these tariffs. Spoiler alert: Madagascar is NOT charging a 93% tariff agains the United States… Wait until you see the math. I don’t enjoy making these kind of videos, there’s already too much negativity online. I always try to keep positive but these past fews days have been extreme and I a lot of people are confused, worried and scared. You guys know, I try my best to leave politics out and stick to facts and numbers. That being said, I will do a bit of speculation and share my prediction on WHY Trump is doing this and what he will do next. I hope you guys find this video helpful and it gives you some reassurance during these scary times. MARKET CRASH GUIDE 📉    • Market CRASH Guide   MEMBERS-ONLY VIDEOS - See My Portfolio & Trades    • Members-only videos   For investing, focus on the LONG TERM. Keep calm and invest on! Check out my favourite investing tools below: QUESTRADE REFERRAL 🇨🇦 👇 Use my referral link to get a $50 CASH BONUS when you deposit at least $250👇 https://www.questrade.com/affiliate-o... You can also manually enter my offer code: CANADIANTSHIRT (Be careful not to add a space at the end) MOOMOO REFERRAL 🇨🇦 Sign up with my custom referral link to get a $500+ bonus, $2000 in commission rebates and 6% interest! 👇 https://start.moomoo.com/01JZWQ WEALTHSIMPLE TRADE REFERRAL 💰 Join Wealthsimple and get a bonus of $25 👇 You can also manually enter my referral code: P0A-UQ https://my.wealthsimple.com/app/publi... SKIP AHEAD ⏩ -Intro: 0:00 -Table of Contents: 1:06 -Are Tariffs Bad? 1:43 -NOT Reciprocal: 3:09 -Tariff “Claims” are Misleading: 4:35 -Ridiculous Tariff “Calculation”: 6:00 -Madagascar’s 93% “Tariff”: 7:23 -Misunderstanding - Trade Deficit: 9:18 -US Economy Relies on Trade: 11:01 -Impact of Tariffs: 11:34 -Prices WILL Go Up: 13:11 -WHY is Trump Doing This? 14:07 -Tax Cuts: 15:53 -What Should You Do? 18:48 WATCH NEXT  ▶️ -How to Buy Stocks in Canada -    • How to Buy Stocks? QUESTRADE Tutorial...   -How Taxes Work in Canada -    • HOW TAXES WORK IN CANADA | REDUCE YOU...   -TFSA Mistakes -    • TFSA MISTAKES in Canada to AVOID! // ...   -VFV vs VOO - CAD ETFs -    • Why I DON'T Invest in VFV // Downside...   -How to Build Wealth -    • How to BUILD WEALTH in CANADA // 4 St...   LOYALTY MEMBERSHIP ✨ Click the JOIN button or the link below to gain access to my exclusive content! 👇    / canadianinatshirt   Thank you guys for supporting my channel, you’re the best! 🙏 FOLLOW ME HERE 👋 FACEBOOK:   / canadiantshirt   INSTAGRAM:   / canadiantshirt   TWITTER:   / canadianshirt   FINANCIAL EDUCATION BOOKS 📚 -Wealthy Barber Returns - https://amzn.to/2MJ9cIe -How to Adult Money Canada Version - https://amzn.to/2F717ZT -Beat the Bank: Canadian Guide - https://amzn.to/37uqe54 -Investing in Dividends - https://amzn.to/37mUnn3 -101 Tax Secrets for Canadians - https://amzn.to/2RrIuGS -Millionaire Next Door - https://amzn.to/35ap253 -Intelligent Investor - https://amzn.to/3qoI5nV -Making Money in Canadian Real Estate - https://amzn.to/2SKijw6 CAMERA GEAR 📸 -4K Camera - https://amzn.to/3aSHWEg -HD Camera - https://amzn.to/3puBZkT -Tripod - https://amzn.to/2Qf2Lid -LED Ring Light - https://amzn.to/2MKLDyC -Microphone - https://amzn.to/3aRdXMN DISCLAIMER: I am NOT your financial advisor! My videos and the topics discussed are my opinions and are presented for entertainment purposes only. This information should not be construed as legal or financial advice. It is always up to YOU to do your own due diligence. It’s YOUR money so make YOUR own decisions! I will NEVER ask you to send me money nor will I ever provide my phone number or personal email address. If you see this, that is a fake account and please report any suspicious activity or scam accounts claiming to be me. DISCLAIMER: Links included in this description may contain affiliate links. I will only ever suggest services or products that I use myself and I personally believe in. If you sign up using my affiliate link, I will receive a small referral bonus at no extra cost to you! Thank you for supporting The Canadian in a T-Shirt! =) #MarketCrash #TrumpTariffs #Investing #PersonalFinance #Tariffs #Crash #StockMarket