Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
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CFordUNC said:
Got to begrudgingly give China credit where it’s due. They know a sucker when they see one. Good for them. Hate it for us.
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Ive become cynical enough that I’m not sure I hate it for us. Trump has turned out our most fetid and poisonous qualities. If we see trumpism for what it is (imo, a clear sign of cultural and political fragility and decay), we may have an opportunity to right many, many absurdities embedded within the American system.

A bunch of us may also get sent to a foreign gulag, or lined up against a wall by masked ICE agents or redhats. 🤷
 
UNCatTech said:
Well let the market believe him until I'm even on the year and have time to move everything to something safe.

I really doubt the average maga is directly involved in the markets, why should we all be punished for their mistakes.
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I thought I saw a case being made on CNBC that what happens on the market does indirectly affect MAGA world. But to correct your point, I doubt MAGA is smart enough to see an indirect correlation.
 
BubbaOtis said:
I recall the tariffs on Chinese products that Trump enacted as being pilloried on the old board. Biden hasn't rescinded them and has added more. I just listened to a segment on NPR that mentioned Biden's tariff on Canadian lumber products as a factor in supply chain/ expense issues in the housing shortage. As an aside, the experts didn't seem too keen on the proposed $25k in assistance for first time buyers either.

Regarding tariffs, what say ye?
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Trump just said that someone in his administration is talking to China. But guess what? He “can’t tell us who”. 😂

Let’s all imagine Biden doing that.
 
Healing said:
FAFO thread overlap.
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I don't think the emergence of job-killing technology is FAFO. Driverless trucks were coming regardless of who is president. Hell, I read an article in the Times a few years ago suggesting that trucks are already halfway there, that drivers don't actually have that much to do because everything is automated and programmed. Honestly, the job sounds dreadful these days, which is probably why there's a shortage of truckers.
 

The trade war’s wave of retail shortages will hit U.S. consumers in stages. Here’s when​


Warnings of empty store shelves have been in the headlines as multiple press reports indicate that CEOs of America’s top retail stores told President Trump that a prolonged trade war would lead to shortages.

When could that become a reality, and what product categories would be hit first?




Treasury Secretary Scott Bessent recently described a trade war with China as “unsustainable.”

Already, a decline in manufacturing orders from China, and a plummet in Chinese freight vessel bookings and sailings to the U.S., are edging the national supply chain closer to a tipping point. But when does the supply chain reach the point of no return, when currently paused orders need to be re-upped for the retail supply chain to be replenished?
 
www.freightwaves.com

Ocean container slump signals trouble for Los Angeles truckload volumes

The country’s most reliable source of freight is slowing down.
www.freightwaves.com www.freightwaves.com

In a stark reversal of fortune, the bustling Port of Los Angeles, long a reliable source of freight for truckers across the nation, is facing a significant downturn in container volumes. This decline is expected to have far-reaching consequences for the trucking industry, particularly for carriers that have traditionally relied on Southern California for steady business.

Recent data from SONAR’s Container Atlas reveals a troubling trend: Daily ocean container bookings from China to the United States have plummeted by 20% compared to the same period last year. This sharp decline is largely attributed to the escalating trade tensions between the two economic powerhouses, with the Trump administration’s aggressive tariff policies, including a recently imposed 245% tariff on Chinese imports, playing a central role.

For trucking companies that have long depended on the steady flow of goods from the Port of Los Angeles, this downturn spells trouble. As fewer containers make their way across the Pacific, the volume of freight available for overland transport is expected to diminish substantially. This reduction in available loads could lead to increased competition among carriers and potentially lower rates for those able to secure shipments.

The situation is further complicated by the fact that many importers have temporarily halted inbound shipments as they reassess their strategies in light of the new tariff regime. While some of these pauses may be transient, the overall trend suggests a more prolonged period of reduced volume, especially for businesses heavily reliant on goods targeted by the Trump administration’s tariffs.
 
nycfan said:
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“… and they either negotiate a deal or we set a deal that we think is fair. Because we don’t have to go through all of these [brief pause - accordion hands] it would be physically impossible you know you have so many people that really understand it which is a very small group of people here annnd we are at some point just going to set prices for deals uhhh some will be tariffed some treated us very unfairly they will be tariffed higher than others but we’ve been ripped off for many many years …”
 
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