To summarize the video, tariffs are often portrayed as a positive and good thing, while they are almost always actually the opposite. Often tariffs are thought to be helping the government and economy by keeping things domestic, local, and trying to make money off essential items. Tariffs are a common technique used by politicians to get people to vote for them, trying to only portray the good, hiding the bad. Ultimately, tariffs restrict trade, bringing down economic growth and efficiency.