Trade wars, explained

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  • Published on:  Wednesday, June 6, 2018
  • Complex geopolitical maneuvering explained with Game of Thrones and . . . googly eyes.Become a Video Lab member! http://bit.ly/video-labTariffs can be used as a useful tool to protect domestic industry or to serve as a punitive measure against another country. But President Trump’s bluster and threats of imposing tariffs on foreign imports to the US have raised the specter of a trade war with China, and more recently, Mexico. The “weapons” used in a trade war are the stuff we use everyday — the food we eat, the cars we drive to work and the computers we use. If a trade war can have such a pervasive impact on our daily lives, why would a country choose to engage in one? And what even is a trade war anyway? Vox.com is a news website that helps you cut through the noise and understand what's really driving the events in the headlines. Check out http://www.vox.com.Watch our full video catalog: http://goo.gl/IZONyEFollow Vox on Facebook: http://goo.gl/U2g06oOr Twitter: http://goo.gl/XFrZ5H
  • Source: https://youtu.be/Iwa3vLoeNmQ
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  • Vox

     1 years ago

    Vox foreign affairs staff writer, Zeeshan Aleem (who appears in this video!) wrote about the widening gulf between the US and some of its largest trading partners. Read more: http://bit.ly/2LrFQuT

  • Curiosity Culture

     1 years ago

    It's amazing how a few powerful people on the top can impact billions of ordinary people.

  • quick dux

     1 months ago

    Its true. Trump came in and reduced unemployment by a large amount. Proof we need responsible power at the top.

  • indiana jones

     1 months ago

    Usa folks better avoid vacations in Greece if my Mate 20 Pro stop getting updates or my gmail stop working.

  • Lashan

     1 years ago

    If all wars were fought with googly eyes the world would be a better place.

  • beta wave

     1 years ago

    Ivan Etcuban.Press F for respect.

  • Prit Singh

     1 years ago

    Brain Quake + I am an Indian .If you give me your sister, I will show you bob vagene.....

  • Chris Prouse

     1 years ago

    As a third-party Canadian to all this, who majored in econ... I think what's most troubling is the pretence under which the entire trade war began; there's a huge "trade deficit", and something needs to be done about it. When in reality, a trade deficit is more or less just a ledger somewhere that says you're buying more from a particular country than they buy from you. So if you happen to live in a country where there are super high rates of consumption, with a constant hungry demand for che...

  • Penny4Bernie 2020

     1 months ago

    @Luredreier I am a 61 year old American and still mired in student loan debt, but after reading your comments? I wish years ago that I would have come to Norway and recieved my education there!Also, great job on working toward a clean environment!I love Norway and Iceland!

  • Fire And Blood

     1 years ago

    *Unfolds Game Of Thrones map*Me: wtf

  • Tshegofatso Ledwaba

     2 months ago

    I couldn’t follow after that☹️

  • Voneone

     1 years ago

    Life is just a series of obstacles preventing you from taking a nap.

  • Dead Children Playing

     1 months ago

    lame

  • About A Girl

     2 months ago

    Don't get it twisted—its so much more than that.

  • Dan B

     1 years ago

    Putting Tarifs on Us allies like Canada and the EU is stupid and just makes the US more alone in the world

  • James O'Hara

     2 months ago

    Dan B not true because if european countries keep making it so that their products are cheaper than american products no matter what then we need to isolate more to boost american production

  • Rose BPOS

     9 months ago

    @Krausewitz As someone who TEACHES Economics, I've been saying mirrored Tarrifs for DECADES. The US does not NEED other economies, we really don't, if they raise tarrifs against us we raise tarrifs against them.This is not a partisan issue. Obama wanted higher tarrifs as well and was FURIOUS with NATO. His staff said they've never seen him as angry about anything even during the election. The EU gave Obama the middle finger, everyone on Washington knows it.

  • Iván Egües

     1 years ago

    China should tax the fake tan orange spray to strike back.

  • Roman King

     1 years ago

    Iván Egües Ahahahahah yes that’ll actually destroy trump

  • Ned

     1 years ago

    Great video, but, please explain to me how changing country names to game of thrones names made any difference other than confusing it. On a topic which isn't even then confusing to begin with.

  • Victor Tecpa

     2 months ago

    It helped me,

  • magnamia

     4 months ago

    Ned: Lol, I know, right? They lost me there.

  • Deddiward

     1 years ago

    And don't forget about the steel and aluminium taxes for us europeans.. thanks a lot

  • Ten years ago

     2 months ago

    @Talbotier there in place now....

  • King Of the Jungle

     1 years ago

    Talbotier Jules That's about the EU imposing NEW tariffs on the US. He's talking about the old ones.