MRBEAST SLAMS SLAMS Trump’s rates as a nail in the coffin for small companies
MrBeast has spoken out against the global rates of President Donald Trump.
The YouTube personality and television host took to x On Tuesday to share how Trump’s new tariff proposal influences his line of chocolate bars from Feastables. Announced on 2 April during an event called “Liberation Day” by the president, the extensive rates led to unrest in the global markets and had the stock market crashed even before they officially come into effect on April 9.
“Ironically, because of all the new rates, it is now much cheaper to sell our chocolate bars that we sell worldwide, because other countries do not have a 20%+ rate on our cogs,” Mrbeast wrote. ‘[By the way] We pay our farmers a living income, use Fair Trade -certified beans, etc. So I already spent a lot of cocoa. A random price increase was quite brutal [not going to lie]. We will find out. However, I feel for small companies. Can really be a nail in the coffin for them. ‘
MrBeast, real name Jimmy Donaldson, has become one of the most successful YouTubers since he joined the platform in 2012. Through his channel, which has more than 380 million subscribers, he has produced various companies, including his chain of Mrbeast Burger Ghost kitchens and a pre-packaged children’s lunch brand, lunchly.
Although Hollywood still has an important recoil of the rates, it is now ensuring that China Hollywood films could prohibit and the US could close the second largest film market in the world. The American rates on China are currently 54%, but can shoot up to 104% with Trump’s new plan.
