Amidst a turbulent global economy, MrBeast, the 26-year-old YouTuber, has shared his thoughts on President Trump’s proposed tariffs. In a recent post, he highlighted that for businesses like his chocolate venture, Feastables, these tariffs can actually discourage American manufacturing. He points out, “Ironically because of all the new tariffs it is now way cheaper to make our chocolate bars we sell globally NOT in America.”
Feastables currently operates in both Peru and the U.S., sourcing cocoa internationally while ensuring fair wages for farmers. However, MrBeast explains the financial strain caused by tariffs when importing and manufacturing in the U.S. He notes that to maximize profits, it would be smarter for Feastables to produce its chocolate bars in Peru for sale abroad.
MrBeast criticises the tariff measures as shortsighted, stressing that trade among nations has thrived due to the variances in agricultural conditions. He empathizes with smaller businesses facing repercussions, saying, “Btw we pay our farmers a living income, use fair trade certified beans, etc., so I was already spending a lot on cocoa. A random price hike was pretty brutal ngl.” He acknowledges the challenges small enterprises could face due to these economic policies.
MrBeast critiques President Trump’s tariff proposals, explaining that they hinder American manufacturing for his chocolate company, Feastables. He highlights the economic realities of sourcing ingredients globally and the challenges posed to small businesses by such tariffs. His statements call for more nuanced economic policies that understand global trade dynamics.
In summary, MrBeast’s commentary sheds light on the complexities of international trade and how tariffs can negatively impact both large enterprises and small businesses. His perspective highlights the need for careful economic policies that consider the interconnected nature of global production, urging for a more thoughtful approach that protects not just the big players but also supports fair trade practices for farmers worldwide.
Original Source: techcrunch.com