TARIFFAGEDDON: Tariff is just a fancy word for tax

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Hashtag Tariffageddon… it's not going away folks. We've been so fixated on the never ending stream of breaking news that we're not seeing the major economic storm coming over the horizon. We're in a trade war, and we haven't even begun to see the full effects of the fallout yet. This war only just started. The bombs have barely begun to drop, and we're about to start seeing the casualties.

Let's not forget what tariffs really are. They're not hurting or punishing the Chinese government, the European Union or Canada… they're hurting you. A tariff is really a tax on you. There's nothing conservative with President Trump's trade policy. This is about as progressive and big government as you can get. Ronald Reagan said it the best:

Government's view of the economy could be summed up in a few short phrases: If it moves, tax it. If it keeps moving, regulate it. And if it stops moving, subsidize it.

RELATED: TARRIFAGEDDON: EU blinks in staring contest with President Trump

When the Trump administration's tariffs hurt American farmers he subsidized them with 12 billion in handouts. They never needed a handout before this ridiculous trade war began. Now they're being forced to live off the government - to rely on the government - to continue their own business. There's nothing conservative about any of this.

According to the tax foundation, this trade war will result in nearly 300,000 lost jobs. Yesterday, General Motors - the nation's largest car company - announced a dramatic downsizing, halting production at multiple plants in the U.S. and

Canada. Over 8,000 white collar jobs will be eliminated. More than 6,000 factory jobs… gone. Over 14,000 people in total will lose their livelihoods. Oh and did I mention that, back in July, GM announced that the administration's trade war would cost the company one billion dollars?

And let's stick with American cars for a second. News from Tesla came out just this morning, announcing their sales in China fell 70%. SEVENTY PERCENT! Why? Retaliatory tariffs from China on U.S. car imports.

Apple's stock has fallen 20% over the past three months. As of this morning, they lost another 2%. Why? The president told the Wall Street Journal that he's considering slapping a tariff on iPhones. You might want to buy an iPhone right now, because you may not be able to afford one very soon.

Americans are already starting to lose their jobs. We're the ones writing the checks to fund this trade war.

Tariffs as they stand right now, and they could go even higher, but as they are right now will cost Americans over 40 billion dollars. That's more money than Obamacare's tax bill of 34 billion. That's $915 dollars per American, $2,400 per household and - if the tariff's stay in place - $17,300 per household by 2030.

Tariffs are a tax on you. Americans are already starting to lose their jobs. We're the ones writing the checks to fund this trade war. It's got to stop!

Our sacred republic has never been in more danger than it is today. Little by little, industry by industry, the far Left is fundamentally transforming the country we love. And it's an aggressive, hostile kind of takeover we've only seen in some of the world's darkest societies.

On Glenn TV this week, Glenn Beck exposes how the Biden administration and Democrats are aggressively scrambling to reset everything: our free and fair voting system, our kids' education, our policing, immigration and border security, our economy, our military, and our energy supply.

Finally, Congressman Dan Crenshaw (R-Texas) joins to discuss how Biden's "woke" policies are threatening America's national security and our way of life.

Watch the full episode below:

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Apparel company The North Face recently stated that it would no longer make jackets for oil and gas companies because it doesn't want to be associated with the fossil fuel industry. In response, Colorado-based oil and gas company Liberty Oilfield Services rented full billboard ads to remind The North Face of the truth: "Globally, 60% of all clothing fibers are made out of oil and gas. For North Face, it is likely 90% or more."

Liberty CEO Chris Wright joined Glenn Beck on the radio program Tuesday to discuss just how much of our economy — beyond outdoor apparel and energy — wouldn't exist in a world without fossil fuels. And he warns that many companies are now deeming this truth to be "controversial."

"I have been for years, trying to get a real, honest dialogue about energy going," Chris told Glenn. "So we took this opportunity to point out that North Face jackets are ... almost completely made out of oil and gas. How can you choose not to associate with the essential material your equipment [is] made out of? So we put a billboard up ... the billboard says, 'That North Face puffer looks good on you. And it was made from fossil fuels.'"

"Most billboard companies did not want to run that billboard. They thought it was controversial," he added. "And Facebook put a hold on our brief video just saying the jacket looks good, this is what it's made out of. In today's world, that is controversial."

Watch the video below to catch more of the conversation:

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During a lecture at the Yale School of Medicine's Child Study Center, a New York City-based psychiatrist told students and faculty that she fantasizes about "unloading a revolver into the head of any white person that got in my way," among several other shockingly race-hating statements.

In April, Dr. Aruna Khilanani — a New York-based forensic psychiatrist and psychoanalyst — delivered the talk called "The Psychopathic Problem of the White Mind" virtually as part of the Yale School of Medicine's "Child Study Center Grand Rounds," a lecture program for "trainees in child psychiatry, psychology, and social work, faculty, clinicians, and scientists."

On the radio program Monday, Glenn Beck shared several quotes from an audio recording of the lecture provided by Bari Weiss, a former opinion writer and editor for the New York Times.

Here are a few of Khilanani's statements from the audio:

  • "This is the cost of talking to white people at all. The cost of your own life, as they suck you dry. There are no good apples out there. White people make my blood boil."
  • "I had fantasies of unloading a revolver into the head of any white person that got in my way, burying their body, and wiping my bloody hands as I walked away relatively guiltless with a bounce in my step. Like I did the world a f***ing favor."
  • "White people are out of their minds. And they have been for a long time."
  • "White people feel that we are bullying them when we bring up race. They feel that we should be thanking them for all that they have done for us. They are confused, and so are we. We keep forgetting that directly talking about race is a waste of our breath."
  • "We are asking a demented, violent predator who thinks that they are a saint or a superhero, to accept responsibility. It ain't gonna happen. They have five holes in their brain. It's like banging your head against a brick wall. It's just like sort of not a good idea."

"We must take a stand. We must speak out, because this is evil," Glenn said in response to Khilanani's shocking lecture. "I don't care who you voted for, you know this is evil."

Watch the video below for more details:

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The prices of our houses and food are already rising fast, but they will skyrocket to record highs if we don't fix the problem soon. So what's causing the inflation?

On the radio program this week, Glenn Beck said he doesn't believe it's the fault of our loggers, farmers, or truckers — many of them are really struggling. But the big corporations that control these industries are making record profits, all while the Biden administration is making some very odd decisions that could make the crises even worse.

Watch the video below for more details:

Want more from Glenn Beck?

To enjoy more of Glenn's masterful storytelling, thought-provoking analysis and uncanny ability to make sense of the chaos, subscribe to BlazeTV — the largest multi-platform network of voices who love America, defend the Constitution and live the American dream.