The Damage Report
@thedamagereport·1.3M subscribers·34.1K videos
Trump's Tariff Plan BLOWS UP As Hundreds Of Companies Forced Into Bankruptcy
Posted
January 3, 2026
Views
74,253
Likes
2,544
Comments
502
Engagement
January 3, 2026
74,253
2,544
502
4.10%
Every word spoken in this episode is indexed. Type any phrase to jump straight to the moment it was said.
Type any word or phrase that may have been spoken. Click a result to seek the player to that exact moment.
Try a name, a topic, or a quoted line
5:46Now PlayingDonald Trump's lies about the prosperity of tariffs for Americans blow up as a new report reveals 700 American companies were quietly forced to file for bankruptcy due to the constant economic pressures and chaos of the year. John Iadarola and Brett Erlich break it down on The Damage Report. Leave a comment with your thoughts below!
Get paid to use your phone less! Switch to Noble Mobile today
Read more here:
Trump's tariffs quietly forced 700 American companies to file for bankruptcy in 2025
"President Trump's policies aren't just affecting affordability ot everyday items for shoppers, but even businesses are feeling the heat. While some names, including Costco, have sued the administration for tariff refunds, more than 700 US businesses filed for bankruptcy in 2025, the highest number since 2010 and a 14% increase from the previous year. Tight credit, high interest rates, persistent cost pressures, and growing import costs as a result of Trump's chaotic trade tariffs are a few of the reasons for this spike. In contrast to earlier patterns that were dominated by retail bankruptcies, this year's impacted industries were primarily industrial, such as manufacturing and transportation, while consumer-focused companies, such as fashion, suffered large losses as inflation forced them to prioritize necessities. "
**
Be part of the Dragon Squad as a YouTube channel member
Follow The Damage Report on Facebook
Help build the Home of the Progressives
Subscribe to The Damage Report YouTube channel
Follow The Damage Report on TikTok
Follow The Damage Report on Instagram
Follow The Damage Report on Twitter
#TheDamageReport #JohnIadarola #TheYoungTurks
250102__DR04TrumpsTariffsBankruptcy
Sentinel Indexing in Progress
Metadata and chapters are available. Claim extraction for this episode is pending.
All video content is delivered via YouTube embedded players in accordance with the YouTube Terms of Service. Sentinel provides research tools that promote discovery and accountability across political media.
