Trump Will Immediately Plunge America Into A Depression If He Wins Next Year

Donald Trump's foreign policy while in office was one of the worst we've seen in a long time, and a second term in office is promising to be even worse. But it isn't just his love of dictators and hatred of allies that presents a problem: Trump also wants to enact tariffs on every good coming into this country which would immediately plunge us, and possibly the world, into a massive depression. Ring of Fire's Farron Cousins explains how this would look.

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*This transcript was generated by a third-party transcription software company, so please excuse any typos.

Donald Trump does stand a fairly decent chance, unfortunately, of winning in 2024 and possibly getting a second term in office. And as terrifying as that is for Americans, we also have to understand that our foreign allies are also terrified at the prospect of this man getting back into the Oval Office. And that leads me to our next question here. This is from YouTube community member. Cool. Dude. 8 9 9 7 1. Cool. Dude asks, how would foreign policy and foreign relationships be affected by a second Trump term? How would it affect nato considering Congress passed a bill, barring the president from pulling the US out of nato? Yes, Congress passed the law saying the US cannot pull out of nato. But as we saw from the first Trump term, he could still bully the nato, uh, members, and he could also pull funding from the United States to nato. And I do think that that is something Donald Trump would try to do, that that is right up his alley.

That is his mo he whined about the funding of NATO for years and years. Still whines about it today. So I think that would significantly hurt that organization. The rest of it though, the foreign policy part, he's gonna cozy up to the dictators. He's gonna give these people everything they want, whether it's Kim Jong-Un or Vladimir Putin. Yes, they're both dictators. Uh, he's gonna continue the cozy relationship that the United States government has with Saudi Arabia in spite of the fact that they're just killing people for what they're putting on Twitter. Uh, horrible, horrible regime running that country. And we still act like they're our best friends. It it's, it's disgusting, honestly. But more importantly, he has already told us, or his campaign has already told us, essentially, that he wants to put tariffs on every single good coming from any country outside of the United States into the United States.

So if you buy a good, whether it's from China, whether it's from England, France, you know, South Africa, India, doesn't matter, Canada, Mexico, Argentina, if you buy anything or if they send anything into the United States, he wants to put a blanket, 10% tariff on that individual item. So what that's gonna do, it's gonna absolutely decimate international trade. We will be in a global trade war, a global trade war with every other nation in this, uh, every other country on this planet. That's what we're looking at. That's what he wants to do. Which of course, would increase the price of goods for consumers. We would hit a massive depression because American producers, as we saw with Donald Trump's first trade war, that still hasn't ended by the way, Biden. What happens is when the cost of the goods from other countries increases, you would think that American made goods would be more competitive. But that's not what

Happened. What happened was that the American producers raised their prices just arbitrarily because they can to match the inflated prices of the foreign goods, because those prices went up, because the tariffs. So the prices of all goods increased, even the ones that didn't have to, because they're not paying an additional, uh, tariff. They still went up because, hey, why not? So that's what we would be looking at. So internationally speaking, what he would do to NATO is horrible. His, you know, foreign policy, militant foreign policy is terrible. But the economic impacts would be the most significant change if Trump gets back into the White House.