How Will the Reciprocal Tariffs Affect the Economy and Our Money?

Your Personal Bank

Content provided by Ferenc Toth. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Ferenc Toth or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://staging.podcastplayer.com/legal.

24d ago 53:21

MP3•Episode home

The reciprocal tariff policy is about Fair Trade vs. Free Trade.

Reciprocal tariffs will be calculated both the monetary and non-monetary totals.

The US will tariff the other country about half of the tariff charged to the US.

Non-tariff barriers are often worse.

- Currency manipulation

- VAT tax

- Export subsidies

- Counterfeit products

- Technology theft

- Subsidized dumping of products into our country designed to kill our industry.

Free trade policies have been used against the US to destroy our manufacturing capability.

- We lose jobs

- National security issue

Look at nearly any small town or rural area in America. Most are a hollow shell of what they once were.

- There are few jobs or opportunities available

- Most are depressed and run-down

- It has steadily gotten worse over the past few decades

- Destroyed American industry.

- An entire region is known as the rust belt.

The Trump administration is changing decades of tariff policy. The transition will be volatile. If the current administration is successful, the long-term benefit for the US will be tremendous.

I believe we are in for a chaotic year and a bumpy economic ride this year. It would be wise to protect your assets. Diversify. Reduce your risk. Reduce your tax liability. Increase returns safely. Increase liquidity to take advantage of future opportunities.

This is the "Golden Era" of fixed assets. The best rates in 40+ years! Insured with guarantees.

- Your Personal Bank policies are insured, with guarantees, income tax-free, highly liquid, and likely to increase returns for the next 5-10 years!

- Fixed Index Annuities have the best upside potential in 40+ years with no downside market risk. The principle is guaranteed. Some offer signing bonuses up to 16% with strong upside potential.

- Guaranteed Lifetime Income is the highest in 40+ years. Some products offer up to 30% signing bonus. Other products offer up to 10% increased guaranteed lifetime income each year you defer

Please contact me with any questions.

100 episodes

#Trading #Business #Ferenc Toth