How do tariffs work? | CNBC Explains 

I love CNBC explains series a lot. Keep up Team...

Goes to China to film a TEN second clip.

Thank you,best clearest explanation on tariffs and I needed it explained.

American businesses pass the full cost of tariffs onto American consumers. Build manufacturing plants in the US.

I love that its not Biased. Its just explaining what a Tariff is, and how it works. Love it!

More of these Explains series!

CNBC explains the news very well

Explained in a very effective way.Loved it CNBC!!!

am impressed with CNBC ..you give very good information about ..tech and many more keep it up..

I love CNBC explains, I get excited whenever there is a new episode, thank you very much guys, keep it rolling

I love your explanation it helps me to understand

Best channel so far, informative and educational

waaahhh, this is awesome. You guys did a great job explaining the topic.

Very helpful series

Thanks for the explanation

Very educational. Really rate this series

That ways it explain wow everything just digested tq CNBC

Interesting show, good explanation. Future show on Africa and south Africa maybe ?

व्यापार के द्वार खुले हैं?👍👍👍👍👍

I'm trying to understand tariffs and international trade but this is all so complicated, there are so many variables.

Well explained

So tariff = tax that mostly target poor people.

It was a great explanation👍

Still have no idea who pays the extra money. Does the importer pay the extra $12 for a 12% tariff while the exporter receives the $100? Or does the importer pay $100 and the exporter pays the $12? In other words, who pays the duties to the Treasury?

Nicely explained.

I love CNBC explain series!

My friend says tariffs will bring back jobs to USA. I told him, you know the consumer price would increase right? He said "yeah that's the point, so consumers won't buy their products, so Trump can bring back jobs and teach these companies a lesson". Then I told him, Yes then the companies would lose profit and probably go bankrupt, lose even more jobs if they can't afford to move back in the USA and also compete with international market. Then he stayed *silent*

The factual part of tariffs was great in this video! However it would have been great to refrain from interjecting personal point of view instead and stick to non-bias reporting.

Please explain - different events impact economies, like political figure dies, party wins elections, high interest rates of banks

I would like you to make a video on how the exchange rate is determined between countries...both fixed and floating

You left put the part where when all the watches cost more. American made companies increase the price to match is, just because they can make profit. Terrifs specifically in the USA causes all products to increase because it's a profit trap

i love your job ........ you keep travelling a lot !! my dream job !!

thank you CNBC

I love this channel

Great video, learned a lot.

well done

When are people gonna realize Trump's tariffs is just a sneaky way to tax the American people. They guy in the video even said so at the 3:28-3:35 mark of this video.

Thank you this video was very informative and interesting to watch.

Great explanation and easy to understand, Thank you !

Trump loves to watch cable news so much. Can FOX and FRIENDS broadcast this so Trump could learn? I’m so fed up already with Judge Jeannie.

Well explained.. thank you 😊

Your best thing is you never post any naunsense review!

Well made, clearly explained. GG

Superb video

What a beautiful explanation,,,nice editing ,,, appreciative

The issue is far more complicated than this. CNBC is only focusing on the surface level criticism

i appreciated that only facts were reported, thank you for seeming moderately unbiased here.

Can you make video on how the US election works

Can you explain what is a govt bond or bond/debentures in laymans terms

these explains videos are good and short

Can someone sit President Trump down and make him watch this?

Love the simplification😍..kudos

04:24 Airbus is not a French company; it's an EU venture. Great video otherwise 👍

As if it is shouldered by the businesses. These are inventoriable costs thus cost is forwarded to consumers.

Well done

Why does the air look so dirty in China did you notice that😂

Can u do a video on how exchange rates valued are arrived...what drives them to fall or increase??

Imports: tariffs SMUGGLED GOODS :🤣

Isn't buying locally made goods and reducing unnecessary shipping better for the planet? I kinda worry that a lot of manufacturers go to China to circumvent American environmental, health, and labor laws. So, encouraging people to buy locally made goods actually seems a bit more humane, healthier, and more environmentally friendly?

Suggestion for next episode- How Nordic countries are able to afford welfare state?

Tariff - Tax imposed on a coutry's imports from the rest of the world

*US taxpayers paying money to their government via tariffs,,,, SIMPLE. AFTER ALL REDUCTION IN TAXES FOR RICH. TARRIFS ARE LAST SORT OF RESORTS.*

They dint explain how increase in tarrifs can boost local industries/manufacturing and increase GDP.

Thank u Prof

We charge imported taxes because we want to protect the industry in our country. We can produce by ourselves domestically if we have enough resources. But we have to import some resources from other coutries and we can reduce taxes on that imported resources. The government also raise money through tariffs and that money is used for running the government.

Only 2 more years. Hang in there American friends

I dunno what tarrifs exactly is? But now i kinda gotcha. Thnx CNBC!-

Us company before tariff : cost 15$ shoe sell for 150$ barely making a profit. Us company after tariiff: cost 18$ shoe has to sell at 250$ now to barely survive

Gained quite much from watching this video. Very explanatory.

Tariffs = a National Sales Tax on American consumers.

I don’t understand why you put high tariffs on imported items to save some money and your people pay more to buy those goods instead !!!???

From what you just explained. And me being from the highest educated generation. I don't like trump . But it sounds like hes trying to make were American businesses. So that Americans are not working for foreign companies anymore. And being that the world's economies based on the US dollar. More American products mean A better aconomy in the long run. Which also means lawmakers will have less of a Advantage over the American people Meaning less laws. For suppose a free country We have the highest incarceration rate the most laws. New York and New Jersey have The strictest gun laws. And in turn have the highest rape and crime ratings. They pass new laws because prisons are so fool That unless you are a murderer Or caught with a weapon You get let go. There so many pedophiles and rapists that do 3 to 6 months in prison and are released because of some of these laws. Need too tax 711 Holiday Inn trader Joe's American apparel sunglasses hut General Electric's Burger king Ben and Jerry's Budweiser Hallmanns. All of which are not American based companies if little less than 2% Equals up to Over $30 billion Over $150 billion Goes overseas From American Pockets. We only export $60 Billion worth hmmmm Don't take a rocket scientist to figure out why Americans are struggling so much We need American companies

Stock market , Is Something not all are very familiar with . Hope you work on it

Easiest explaination

Its 2024 and the tariffs did not help one bit ... shocker i know!.

Fact is, tariffs don’t work. Not really. The money collected doesn’t really come from the foreign countries or corporations. They just pass the increased cost to the customers, domestic companies and people. So the tariffs are effectively a federal sales tax on foreign goods. Beyond that, domestic competitors have a huge incentive to raise their prices too, since their foreign competitors can’t lower theirs. So the only ones who benefit from the tariffs are domestic companies who just increase their profits with no need to compete and no danger of having foreign competition undercutting their prices. Tariffs are a lie.

Thanks to Trump's brilliance...

you buy cheaper product but you don't have job. So what is the point with cheap production but you don't have money to pay for...

Then what about us Indian customs duties make upto 50% for China imports and sometimes no duty at all it's gambling here.

We have all heard “Buy American”, but most people don’t because of cheap stuff from China. Tariffs raise the prices of the cheap stuff and make is easier to Buy American. As people pay those American prices, American companies find ways to produce the products in USA, which requires more workers. We find or recreate sources of the materials in USA where it’s feasible. Maybe we have to pay more, but more of that money stays in USA to help our own people. Buy better stuff, even if you can’t buy as much stuff.

You forgot to mention the depreciation of the yuan against USD cancel out some or all of the tariffs on import while at the same time all these companies complaining about tariffs and then increase their good's price due to tariffs. Very good reporting (sarcasm).

Well this was very factual and straightforward reporting at "The United States has the lowest tariffs in the world". Then it became an opinion piece. I really like the English guy please bring him back, very straightforward and factual and hides his bias well. Why don't you do a story on which presidents are to blame for keeping our Tariffs too low so we could over-inflate our economy? Or maybe how short-term shareholder gain is to blame for all of our outsourcing. Just the facts please.

Tarifs only hurt companies who are exporting which in turn hurts the consumers which is you because the cost is passed on to you . So at the end the American people loose but they won’t tell you that

Make a video on Indian Telecom market in last 2 year's

Seems like money that should the manufacturer should be paying to the work force. So.... the government taxes the manufacturer, the retailer AND the buyer for the same product? And the buyer is buying it with money that has already been taxed. WTF?

Prices go up, they don't come down.

Please make a video on the Fourth Industrial Revolution. There’s already a video on CNBC International of the same, but it’s only 1-minute long.

so the tariff gets applied to products already in the country too? thats how tractor supply co. is doing it.....

Blueberries are my indulgence. I eat fresh blueberries all year. They are only in season in America part of the year, but they come in from South America other times. If they are out of season in America, how does adding a tariff help when American blueberries are not available?

Well whole point of WTO was to increase trade between world to globalisd instead of war Then tariffs are used to protect domestic industries and improve behaviour of others too while income for govt....there needs to be better balance or imbalance control as too much depending on one can cause issues thus imports and export balancing needed which itself is no better balance in world how govts and other things planned. Looking at the ratio of developed , developing and under develop nations....

Let me explain it in more simple terms, a tariff makes the prices of goods go up, YOU the consumer, pay the tariff at the end, it aint affecting no one but consumers, because we arent going to stop buying chinese products any time soon.

Will Europeans tax themselves...without china and russia and India will Western Nations tax themselves ......

Info that I can use when playing Victoria 2

I love this channel. This is the way all news should be. Until this piece, which seems very one-sided. Please educate us on the pros, cons, the facts and keep political opinion out.

US has been screwed for awhile, let Trump make the change. Economy will adjust.

Consumers pay. Consumers buy the foreign product because they like it, either its cheaper or better or both. Slap a tariff on it and the corp will just pass that cost of doing business on to the consumer. Now the consumer can either continue to buy the foreign product at a higher price, or they can switch to the domestic product that they did not want in the first place. The consumer is worse off.

Now you have to edit the video and delete the phrase India from tarrif free

Make all them pay 30 % higher so we can be the richest country in the world

I hvnt seen anywhere they r raising Kashmir issue... Video was quite good but pls change the tag

What is hyperinflation,if European Nations tax themselves where is the profit......