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Max Carter
In a surprise move, 26-year-old YouTuber and entrepreneur MrBeast has weighed in on President Donald Trump's controversial plan to impose sweeping tariffs on imports, citing unintended consequences for businesses like his own.
MrBeast, known for his philanthropic efforts and entrepreneurial ventures, took to social media platform X to express his concerns about the tariffs. He argued that, for companies like his chocolate business Feastables, the tariffs don't actually incentivize businesses to move manufacturing into the United States. Instead, they may drive businesses to manufacture abroad to avoid the tariffs.
Feastables, which sources its cocoa internationally and claims to pay farmers a living wage, currently produces chocolate bars in both Peru and the US. However, if the company imports its ingredients into the US, manufactures the chocolate bars in the states, and then ships them out for sale overseas, it would lose significant money to tariffs. MrBeast suggested that it would be more cost-effective to manufacture chocolate bars destined for international markets in its Peru factory, rather than in the US.
This outcome is likely the opposite of what the Trump administration intended when it introduced the tariffs, which were meant to encourage businesses to manufacture in the US. MrBeast's comments highlight the complexity of global supply chains and the potential unintended consequences of protectionist trade policies.
The YouTuber also expressed sympathy for small businesses, which may be disproportionately affected by the tariffs. "I feel for small businesses though. Could really be a nail in the coffin for them," he wrote. This sentiment is likely to resonate with many entrepreneurs and small business owners who are struggling to navigate the changing trade landscape.
MrBeast's comments are significant not only because of his massive following among American children, but also because of his entrepreneurial credentials. As the founder of Feastables, he has firsthand experience of the challenges and opportunities of global trade. His critique of the tariffs is likely to be taken seriously by policymakers and business leaders alike.
The controversy surrounding the tariffs is likely to continue, with many experts warning of potential negative consequences for the global economy. MrBeast's intervention is a timely reminder of the need for nuanced and informed debate about trade policy, and the importance of considering the perspectives of businesses and entrepreneurs on the ground.
As the trade landscape continues to evolve, it will be interesting to see how MrBeast's comments are received by the Trump administration and other stakeholders. One thing is clear, however: the YouTuber's influential voice has added a new dimension to the debate about the tariffs, and his critique is unlikely to be ignored.
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