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Trump is pushing for more tariffs. He said they are better than love. But why? How and on whom does he plan to impose them, and will it trigger retaliatory tariffs that could escalate into a trade war between the world's major economies? 00:00 - Introduction 01:18 - Why tariffs concern us all 01:45 - What tariffs are, exactly 02:30 - Why tariffs have been undesirable for so long 02:42 - What governments use tariffs for 04:38 - Who ultimately pays tariffs 06:09 - Using tariffs to protect domestic production 06:50 - The hidden cost of tariffs 08:09 - Tariffs as a political tool 08:45 - China, the WTO and the impact on American manufacturing 10:37 - How Trump's tariffs on Mexico, Canada and China could hurt the American economy 12:48 - The risk of retaliatory tariffs and a trade war