How Do Tariffs Work, Mr. President? On the US-Canada Trade War

Where does the money from tariffs come from? How do Canada-US tariffs affect everyday consumers like you and me? Did Prime Minister Mark Carney promise to give the revenue from retaliatory tariffs towards funding the CBC? MAGA people will believe anything Donald Trump says, so let’s break down the reality of this trade war and tariffs situation. In Episode 143 of The Bill Kelly Podcast, host Bill Kelly delves into the complexities of tariffs and their impact on consumers and businesses. He discusses the confusion surrounding government policies, the misconception that tariffs are a financial boon for governments, and the reality that consumers ultimately bear the cost. Bill emphasizes the need for consumer pressure on governments to reconsider tariff policies, especially in light of the economic challenges faced by average Americans under the current administration. The conversation highlights the intricate relationship between trade agreements, government decisions, and the everyday lives of consumers.Become a YouTube channel member to hear Bill’s stories and life lessons from 50+ years as a broadcast journalist in his members-only series, MORAL OF THE STORY: https://www.youtube.com/channel/UCeUbzckOLocFzNeY1D72iCA/joinDon’t forget to like, follow and subscribe across our channels! Thank you.Listen to The Bill Kelly Podcast everywhere: https://kite.link/the-bill-kelly-podcastYouTube: https://www.youtube.com/@TheBillKellyPodcast/featuredBlueSky: https://bsky.app/profile/thisisbillkelly.bsky.socialFacebook: https://facebook.com/TheBillKellyPodcastInstagram: https://www.instagram.com/thisisbillkelly/LinkedIn: https://www.linkedin.com/in/thisisbillkelly/TikTok: https://www.tiktok.com/@thebillkellypodcastSubStack: CHAPTERS00:00 Introduction to Tariffs and Economic Confusion02:46 Understanding Tariffs: Who Pays?05:30 Impact of Tariffs on Consumers08:47 Government Negotiations and Business Pressure11:29 The Role of Public Perception in Economic Policy14:25 Injured? Call Wissenz Law! 905 522 1102FURTHER READINGCanada-U.S. Trade Tracker: Examining our economic integration and the risks of tariffshttps://businessdatalab.ca/canada-u-s-trade-tracker/How Trump’s tariffs expert made up a fake expert for his book ‘Death By China’https://timesofindia.indiatimes.com/world/us/how-trumps-tariff-expert-peter-navarro-made-up-a-fake-expert-for-his-book-death-by-china/articleshow/120162066.cmsFact check: Trump and Vance keep falsely describing how tariffs workhttps://www.cnn.com/2024/09/09/politics/fact-check-trump-vance-tariffsHASHTAGS#News#Politics#Tariffs#BreakingNews#politicalnews#newsupdate#canadanews#CanadaElection#canadianpolitics#CanadianNews#podcast#NewsPodcast#PoliticalPodcast#PoliticalNews#PoliticalCommentary#Election2025#NewsUpdates#PoliticalDebate#PoliticalInsights#CurrentAffairs#NewsCommentary#PoliticalCommentary#TodayNews#NewsToday This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit billkelly.substack.com/subscribe