MrBeast Slams Trump’s Tariffs as Nail in the Coffin for Small Business

MrBeast, also known as Jimmy Donaldson, recently expressed his concerns about the global tariffs imposed by President Donald Trump. In a tweet on Tuesday, MrBeast shared how Trump’s new tariff proposal is affecting his line of Feastables chocolate bars. The expanded tariffs, announced on April 2, have caused chaos in global markets and led to a stock market crash even before they officially take effect on April 9.

Ironically, MrBeast noted that due to the new tariffs, it is now more cost-effective to produce their chocolate bars outside of the United States, as other countries do not have the same high tariffs on their cost of goods. This unexpected price increase has put a strain on their business, despite already investing in fair trade practices and paying farmers a living wage for their cocoa. MrBeast expressed empathy for small businesses that may struggle to cope with these additional costs, acknowledging that it could be a significant challenge for them.

As a prominent YouTuber with over 380 million subscribers, MrBeast has diversified his business ventures beyond his channel. He has launched MrBeast Burger ghost kitchens and a pre-packaged children’s lunch brand called Lunchly, showcasing his entrepreneurial spirit and drive for success.

While the impact of the tariffs on Hollywood is not yet significant, there is growing concern about the potential consequences for the film industry. There are fears that China may restrict or ban Hollywood films, effectively cutting off the U.S. from the second-largest film market in the world. With current tariffs on China already at 54%, there is a possibility that they could increase to as high as 104% under Trump’s new plan, further complicating international trade relations.

In conclusion, MrBeast’s experience with the global tariffs highlights the far-reaching implications of trade policies on businesses of all sizes. As the world navigates through economic uncertainties, it is essential for entrepreneurs and industries to adapt and find innovative solutions to overcome challenges posed by changing trade dynamics.