@cnbc: The U.S. is imposing additional 50% tariffs on a range of Canadian goods in response to alleged trade discrimination against multiple U.S. products and industries, senior Trump administration officials said Monday. Read more at the #linkinbio or the link on screen. #CNBC #tariffs #trump

cnbc
cnbc
Open In TikTok:
Region: US
Tuesday 21 July 2026 18:01:27 GMT
9203
160
16
4

Music

Download

Comments

paulhoward7508
fuzzy :
The agricultural sector has experienced catastrophic disruptions in global market access, driving $31 billion in projected U.S. row crop economic losses for 2026 and an additional $32 billion in projected losses for 2027. Rather than a single "total loss," the damage manifests through a combination of severe export contractions due to retaliatory tariffs and an intense squeeze on farm profitability caused by import duties on critical production inputs.1. Track the Direct Export and Market LossesRetaliatory actions from major trading partners have heavily restricted or entirely closed off traditional avenues for American agricultural exports:The China Market Collapse: A retroactive look at China's recent retaliatory tariffs revealed a $14.9 billion annualized drop in U.S. agricultural exports.Soybean and Grain Hits: Soybeans absorbed roughly half of the losses, totaling $6.8 billion. Historically, retaliatory moves have caused immediate drops in soybean, wheat, and corn export volumes by 77%, 61%, and 88% respectively.Emerging Tensions: Escalations in mid-2026 have expanded the market strain. The U.S. recently scheduled 50% tariffs on Canadian imports and 25% tariffs on Brazilian goods, triggering fears of immediate retaliation from these massive trading partners.2. Analyze the Operational Cost Squeeze (The "Input" Impact)Farmers are being hit twice—losing their selling markets while paying more to grow their crops because of domestic import tariffs:Machinery & Equipment: While the administration recently reduced some heavy equipment tariffs to 15% to offer minor relief, previous equipment and metal duties (like those on steel and aluminum) added over $530 million in extra machinery costs for farmers.Chemicals & Fertilizer: Aggressive import tariffs have added $273 million to agricultural chemicals and $110 million to fertilizers. This has been compounded by global fuel and fertilizer spikes driven by unrelated geopolitical events like the ongoing conflict with Iran.3. Evaluate the Per-Acre Financial StrainBecause commodity prices are dropping while costs rise, major crops are tracking significantly below breakeven margins:Crop TypeProjected 2027 Loss Per AcreCot
2026-07-22 02:01:34
0
frankellul
Frank Ellul :
Canada can’t respond anything
2026-07-21 18:14:57
3
mr_bert1
Mr.Bert :
Trump glaubt mit Zöllen alles regeln zu können aber er treib die Preise für die Bürger weiter in die Höhe. Aber das kann nur die Umfrageergebnis weiter ins minus treiben und hoffentlich das Ende der Regierung Trump
2026-07-21 20:39:25
1
keithsowen
keithsowen :
who's drinking canadian wine?
2026-07-21 20:08:57
0
paulhoward7508
fuzzy :
Tariffs act as a tax on imported goods paid by domestic businesses, heavily influencing prices, supply chains, and manufacturing costs across multiple industries.The practical impacts across food, automotive, and housing sectors break down as follows:1. Impact on Food: Beef, Chocolate, Coffee, & FruitDirect Ingredient Exemptions: In late 2025, President Trump signed an executive order explicitly exempting major agricultural products like beef, coffee, cocoa (chocolate), bananas, oranges, and avocados from broad global tariff hikes to combat rising consumer grocery prices.The Packaging Squeeze: While the food items themselves avoided direct tariffs, they remain heavily impacted by tinplate steel and aluminum packaging tariffs. The 50% tariffs on imported metals have significantly increased the cost of manufacturing aluminum beverage cans and steel tin cans. This packaging cost is passed directly onto consumers, keeping grocery store prices for canned goods and soft drinks elevated.Macro Supply Factors: Agricultural products are uniquely exposed to climate disruptions. For instance, while tariffs on cocoa are mitigated by the exemptions, cocoa prices remain historically high due to severe weather and crop diseases in West Africa.2. Impact on Cars: Steel & Aluminum50% Raw Metal Tariffs: Imported steel and aluminum are subject to a 50% Section 232 national security tariff. This trade barrier shields domestic metal manufacturers but significantly raises input material costs for any automakers operating inside the United States.Finished Vehicle Tariffs: Imported finished cars and critical components (like engines, transmissions, and suspension systems) face steep auto tariffs ranging from 10% to 25%. Car dealers generally pass these import costs straight to the consumer, which can add upwards of $6,000 to the price of an average imported vehicle.U.S. Manufacturing vs. Imported Parts: For vehicles assembled domestically, raw metal costs have driven up production expenses. However, because raw steel and aluminum represent a relatively minor percentage of a vehicle's total retail value, domestic auto prices have risen at a slower rate than the raw metal markets. Instead,
2026-07-22 02:01:40
2
frankellul
Frank Ellul :
Trump should destroy Canada if Canada don’t listen USA
2026-07-21 18:14:36
1
lordsatjon_singh
🦖 lord Uncle Sat 🦖 :
give it a month, it,ll be illegal, then will have to pay that, also, consumers pay tarriffs, qell done trumpee voters
2026-07-21 19:02:48
2
reichsterm
Reichsterüm 🇩🇪 :
😂😂😂
2026-07-21 18:14:11
0
lavita195
LÊ VIẾT TÂN :
🥰🥰🥰
2026-07-21 18:16:24
0
9angel9h3ll9
Lip3Es :
the United States may retain its constitutional form while economic dependency, mass surveillance, administrative power, and weak accountability progressively reduce the practical ability of ordinary people to exercise constitutional liberty
2026-07-21 18:47:37
0
angeltjazzolalekan
angeltjazzolalekan :
CRIMINAL ALERT: FBI is compromised. FBI is corrupt. FBI is protecting the criminals. IDAYATU OLAOYE ABIMBOLA is an American citizen from Nigeria. She is YORUBA by tribe. She and her co-Allah slaves are criminals. She is one of the bandits sponsorship in Nigeria. The criminal children names are Suliyat Olaoye, Mubashir Olaoye, Sekinat Olaoye, Mustapha Olaoye, Mubarak Olaoye. If above messages are not true,she should charge me to Court.
2026-07-21 18:44:16
0
To see more videos from user @cnbc, please go to the Tikwm homepage.

Other Videos


About