Tariffs Catch-All

[nycfan]

Retail Giants Manage to Keep a Lid on Prices but Warn It Can’t Last​

Prices have largely held steady overall, aside from modest April increases in some categories, a WSJ analysis finds​

—> https://www.wsj.com/business/retail...38?st=DD7zP1&reflink=mobilewebshare_permalink

“… So far, most prices have held steady overall. The average price of some 10,000 everyday household products sold online by Walmart WMT 1.26%increase; green up pointing triangle, Target TGT -0.22%decrease; red down pointing triangleand Amazon AMZN -1.58%decrease; red down pointing triangle is effectively flat since April 2, according to a Wall Street Journal analysis of data harvested by e-commerce-data firm Traject Data. Prices at the retailers are generally down since January, the data show.

But the chief executives of Walmart, Target and Home Depot HD 0.42%increase; green up pointing triangle met with President Trump last week, with a strong message: The status quo can’t last forever. …

 

[nycfan]

 

[ChapelHillSooner]

“… Now, there is a second leg to the rush. The president’s decision on April 9 to pause so-called reciprocal tariffs for 90 days on every trading partner except China has presented businesses around the world with a new deadline to beat. The stakes are high: Many Asian imports could face tariffs of more than 40% while goods from the European Union are in line for a 20% levy.

Roger Lund has a container full of Christmas decorations from Germany that he needs in Baltimore port by July 8, after which the tariff he pays on the cargo is set to double. …



…”

Really hard to make sense of that graph. The reverse color and choice to show bigger trade deficits as lower on the graph is confusing.

Plus unless I am reading it wrong, it is purporting to show trade deficits but then graphing them as negative numbers which would be a surplus.

 

[altmin]

Spooked By Trade Wars, Trump Officials Hoard Supplies: 'It Would Be Stupid Not To!'

Donald Trump’s aides and administration officials are hoarding toilet paper, food, and household supplies before his tariffs cause prices to spike.

www.rollingstone.com

Spooked By Trade Wars, Trump Officials Hoard Supplies: ‘It Would Be Stupid Not To!’​

Some Trump administration officials are stockpiling toilet paper and food before Trump’s tariffs cause prices to skyrocket

 

[heelinhell]

Seriously ?

I buy and donate dolls each year to various charities to help provide poor families with Christmas presents for their children, and our president is telling me now I may be limited to purchasing only two dolls at a higher price because of his tariffs ?

How is this making America great again ?

 

[BlueSmoke]

So now there will be a shortage of fireworks for 4th of July. Not to mention next year's 250th fireworks are questionable. Interesting, because we know Trump loves military parades and such.