What are Tariffs? - Transcript
Video length: 1:14 minutes
[A ticking sound plays as if multiple pages are turning ♫]
The following text appears on screen: “Tariffs”
[Fast cuts to multiple pages with the word Tariffs]
[Upbeat music plays ♫]
Words appear on screen in a search box: “What are tariffs?”
[Fast cuts of people walking in a market and a city street]
The following subtitle text appears on screen:“Tariffs are taxes or duties that countries apply to imports. They don’t appear on sales receipts.”
[Another clip of a city street with cars moving]
Words appear on screen in a search box: “How do tariffs affect me?”
[Workers in a factory stacking boxes on a fork lift]
The following subtitle text appears on screen: “Tariffs can impact the prices you pay at the store.”
[Fast clips of a shopping cart going around a grocery store]
The following subtitle text appears on screen: “When the cost of importing goods increases, businesses pass the bulk of this cost onto consumers.”
[Boxes moving quickly down a conveyer belt, cashiers working at a retail store scanning items]
Words appear on screen in a search box: “Why do Canada’s free trade agreements matter?”
The following subtitle text appears on screen: “Canada’s 15 free trade agreements provide Canadians with tariff-free access to nearly all products traded between Canada and its free-trade partners.”
[Fast clips of drone footage of a long cargo trains in the winter, arial footage of large cargo shipping containers being organized on a ship]
The following subtitle text appears on screen: “This helps Canadian businesses access markets in over 50 countries representing 1.5 billion consumers and keeps us connected to the world.”
[Fast clips of people walking through an Asian market, people walking in various cities, a plane taking off]
[The Canada wordmark appears]
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