ilmscore | Watch This Before August 1 (Tariff Threats Escalate)

Watch This Before August 1 (Tariff Threats Escalate)

Predictions from this Video

Total: 24
Correct: 0
Incorrect: 0
Pending: 24
Unrated: 0
Prediction
Topic
Status
A 30% tariff on Mexico is predicted to go into effect on August 1st if a trade deal is not reached.
"President Trump has threatened a 30% tariff on Mexico starting August 1 if no deal is reached."
Tariffs on Mexico
Pending
A 35% tariff on Canada is predicted to go into effect on August 1st if a trade deal is not reached.
"President Trump has threatened a 35% tariff on Canada if a deal is not reached by August 1."
Tariffs on Canada
Pending
A 90-day truce on tariffs with China is set to expire on August 12th, unless a full deal is reached before then.
"right now we have a 90-day truce which expires in August 12th unless we have a full deal before August 12th."
Tariffs on China
Pending
A 30% tariff on the EU is predicted to go into effect on August 1st if a trade deal is not reached.
"President Trump has threatened a 30% tariff on EU if a deal is not reached by August 1."
Tariffs on EU
Pending
A 25% tariff on Japan is predicted to go into effect on August 1st if a trade deal is not reached.
"President Trump has threatened a 25% tariff if a deal is not reached by August 1."
Tariffs on Japan
Pending
The White House projects $300 billion in tariff revenue for the United States in 2025.
"The White House is predicting to generate around 300 billion worth of tariff revenue in the United States in 2025."
US Tax Revenue
Pending
The US generated approximately $69 billion in tariff revenue in 2024.
"in 2024 when the United States generated about $69 billion in tariff revenue."
US Tax Revenue
Pending
The US government is projected to experience a tax revenue loss of $400-$500 billion in 2025.
"the United States government is expected to lose somewhere between 400 to 500 billion in tax revenue in 2025."
US Tax Revenue
Pending
The US national debt is expected to be impacted over the next 12-24 months.
"over the next 12 to 24 months, this is going to be important because it can impact our national debt."
US National Debt
Pending
The 'One Big Beautiful Bill Act' is expected to introduce significant economic changes, including tax breaks and increased funding for deportations.
"This big bill will bring some big changes to our economy starting with some big tax breaks to big funding for certain things like more deportations."
One Big Beautiful Bill Act
Pending
The 'One Big Beautiful Bill Act' will be effective retroactively from January 1, 2025.
"it goes into effect retroactively. It goes into effect January 1, 2025."
One Big Beautiful Bill Act
Pending
New tariff deadline set for August 1st impacting 150 countries.
"August 1st is the new tariff deadline for 150 countries."
US Tariffs
Pending
Failure to reach a trade deal by August 1st will lead to increased tariffs, potentially causing market declines.
"And if a deal is not reached before August 1, tariffs are going up and that could push markets down."
US Tariffs
Pending
The White House has stated August 1st is a firm deadline for tariffs and will not be postponed further.
"And now the White House is saying that August 1 is a firm deadline and it's not going to be pushed again."
US Tariffs
Pending
Three stock market crashes occurred in 2025 attributed to existing and potential tariffs.
"because we have seen three stock market crashes in 2025, all because of the tariffs and tariffs potentially coming."
Stock Market Crashes
Pending
A 30% tariff on Mexico is threatened to begin on August 1st if a trade deal is not finalized.
"President Trump has threatened a 30% tariff on Mexico starting August 1 if no deal is reached."
Mexico Tariffs
Pending
A 35% tariff on Canada is threatened if a trade agreement is not reached by August 1st.
"President Trump has threatened a 35% tariff on Canada if a deal is not reached by August 1."
Canada Tariffs
Pending
A 90-day truce with China expires on August 12th, contingent on a full trade deal being reached beforehand.
"because right now we have a 90-day truce which expires in August 12th unless we have a full deal before August 12th."
China Trade Truce
Pending
A 30% tariff on the European Union is threatened if a trade agreement is not secured by August 1st.
"President Trump has threatened a 30% tariff on EU if a deal is not reached by August 1."
EU Tariffs
Pending
A 25% tariff on Japan is threatened if a trade deal is not concluded by August 1st.
"President Trump has threatened a 25% tariff if a deal is not reached by August 1."
Japan Tariffs
Pending
The White House projects $300 billion in US tariff revenue for 2025.
"The White House is predicting to generate around 300 billion worth of tariff revenue in the United States in 2025."
Tariff Revenue Projection
Pending
The Tax Foundation estimates a US government tax revenue loss of $400-$500 billion in 2025.
"And according to the Tax Foundation, the United States government is expected to lose somewhere between 400 to 500 billion in tax revenue in 2025."
US Tax Revenue Loss Projection
Pending
Over the next 12-24 months, tariff impacts are predicted to affect national debt, tax levels, inflation, and Treasury yields.
"over the next 12 to 24 months, this is going to be important because it can impact our national debt. It can impact tax levels. It can impact inflation. It can impact Treasury yields and a lot of other things that make up our economy."
Economic Impact
Pending
The 'One Big Beautiful Bill Act' has retroactive effect starting January 1, 2025.
"It goes into effect retroactively. It goes into effect January 1, 2025."
One Big Beautiful Bill Act
Pending