Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
  • Start date Start date
  • Replies: 454
  • Views: 8K
  • Politics 
UNCMSinLS said:
It has begun ... a couple of my vendors have jacked up their prices. We got an email yesterday from one. Because of the China tariffs, their prices will include a 9.96% tariff tax.
Click to expand...
But look at it this way, Trump says we will be super rich soon because of his tariffs.
In all seriousness, I’m sorry to hear this.
 
Healing said:
I’ve been shopping lightly used midsized suvs, and have seen a 5-10% increase since December.
Click to expand...
Seems to me part of the tariff story that's missed is the impact on Ameican BUSINESSES that sell products produced in one of the targeted countries. Yes, consumers face higher prices but what happens if they just stop buying? I know I'm less inclined to buy with a 10% increase. I'm sure others will be as well. So, the business is then faced with 1) eating the additional cost of the tariffs; 2) adjusting to lower sales levels; or 3) throwing in the damn towel and going out of business. Tariffs - the multidimensional destroyer of an economy.

The particularly ironic/moronic part of the equation is that as sales and tariff revenue fall, the offset for tax cuts for the uber-wealthy lessens. Unless Congress blows up those spending reconciliation guardrails, with substantially less revenue, the only path to welfare tax breaks for the billionaires will be through Social Security, Medicare, Medicaid, Defense spending, and/or a debt default.
 
UNCMSinLS said:
Seems to me part of the tariff story that's missed is the impact on Ameican BUSINESSES that sell products produced in one of the targeted countries. Yes, consumers face higher prices but what happens if they just stop buying? I know I'm less inclined to buy with a 10% increase. I'm sure others will be as well. So, the business is then faced with 1) eating the additional cost of the tariffs; 2) adjusting to lower sales levels; or 3) throwing in the damn towel and going out of business. Tariffs - the multidimensional destroyer of an economy.

The particularly ironic/moronic part of the equation is that as sales and tariff revenue fall, the offset for tax cuts for the uber-wealthy lessens. Unless Congress blows up those spending reconciliation guardrails, with substantially less revenue, the only path to welfare tax breaks for the billionaires will be through Social Security, Medicare, Medicaid, Defense spending, and/or a debt default.
Click to expand...
Unfortunately, you are correct.
 
UNCMSinLS said:
Seems to me part of the tariff story that's missed is the impact on Ameican BUSINESSES that sell products produced in one of the targeted countries. Yes, consumers face higher prices but what happens if they just stop buying? I know I'm less inclined to buy with a 10% increase. I'm sure others will be as well. So, the business is then faced with 1) eating the additional cost of the tariffs; 2) adjusting to lower sales levels; or 3) throwing in the damn towel and going out of business. Tariffs - the multidimensional destroyer of an economy.

The particularly ironic/moronic part of the equation is that as sales and tariff revenue fall, the offset for tax cuts for the uber-wealthy lessens. Unless Congress blows up those spending reconciliation guardrails, with substantially less revenue, the only path to welfare tax breaks for the billionaires will be through Social Security, Medicare, Medicaid, Defense spending, and/or a debt default.
Click to expand...
I don't think that part of the story is missed, though you're right that it doesn't get enough play in the media.

When people say, this will cost a lot of Americans their jobs, that's one of the categories of job losses. Businesses that export good they produce, and importers. Maybe exporters as well, but I don't know if there still are export companies.
 
UNCMSinLS said:
Seems to me part of the tariff story that's missed is the impact on Ameican BUSINESSES that sell products produced in one of the targeted countries. Yes, consumers face higher prices but what happens if they just stop buying? I know I'm less inclined to buy with a 10% increase. I'm sure others will be as well. So, the business is then faced with 1) eating the additional cost of the tariffs; 2) adjusting to lower sales levels; or 3) throwing in the damn towel and going out of business. Tariffs - the multidimensional destroyer of an economy.

The particularly ironic/moronic part of the equation is that as sales and tariff revenue fall, the offset for tax cuts for the uber-wealthy lessens. Unless Congress blows up those spending reconciliation guardrails, with substantially less revenue, the only path to welfare tax breaks for the billionaires will be through Social Security, Medicare, Medicaid, Defense spending, and/or a debt default.
Click to expand...
What business are you in?
 
yle.fi

Finland turns down US request for eggs

"The amount we could export would not solve their egg shortage," says the head of the Finnish Poultry Association.
yle.fi yle.fi

US authorities have turned to Europe for help with the country's severe egg shortage. The shortfall is due to bird flu, which has plagued the United States for several years.

The Finnish Poultry Association says it has been contacted about exporting eggs to the US. The organisation's executive director, Veera Lehtilä, told Yle on Saturday that exporting eggs does not seem to be possible at the moment because no market access negotiations have been held with US authorities. This can be a drawn-out process involving extensive inspections and studies.

"Launching exports is not a simple matter since there are no agreed rules in place," said Lehtilä.

According to Helsingin Sanomat, a response has been drafted in cooperation with the Finnish Food Authority and sent to US officials.
 

International travelers concerned about President Donald Trump’s trade policies and bellicose rhetoric have been canceling trips to the United States, depriving the U.S. tourism industry of billions of dollars at a time when the economy has started to appear wobbly.

Canadians are skipping trips to Disney World and music festivals. Europeans are eschewing U.S. national parks, and Chinese travelers are vacationing in Australia instead.

International travel to the United States is expected to slide by 5 percent this year, contributing to a $64 billion shortfall for the travel industry, according to Tourism Economics. The research firm had originally forecast a 9 percent increase in foreign travel, but revised its estimate late last month to reflect “polarizing Trump Administration policies and rhetoric.”


“There’s been a dramatic shift in our outlook,” said Adam Sacks, president of Tourism Economics. “You’re looking at a much weaker economic engine than what otherwise would’ve been, not just because of tariffs, but the rhetoric and condescending tone around it.”

The number of overseas visitors to the United States fell 2.4 percent in February from a year earlier, government data shows, with the biggest drops in travelers from Africa (down 9 percent), Asia (7 percent) and Central America (6 percent). Meanwhile, travel from China — a frequent target of the president’s ire — is down 11 percent.
 
altmin said:

International travelers concerned about President Donald Trump’s trade policies and bellicose rhetoric have been canceling trips to the United States, depriving the U.S. tourism industry of billions of dollars at a time when the economy has started to appear wobbly.

Canadians are skipping trips to Disney World and music festivals. Europeans are eschewing U.S. national parks, and Chinese travelers are vacationing in Australia instead.

International travel to the United States is expected to slide by 5 percent this year, contributing to a $64 billion shortfall for the travel industry, according to Tourism Economics. The research firm had originally forecast a 9 percent increase in foreign travel, but revised its estimate late last month to reflect “polarizing Trump Administration policies and rhetoric.”


“There’s been a dramatic shift in our outlook,” said Adam Sacks, president of Tourism Economics. “You’re looking at a much weaker economic engine than what otherwise would’ve been, not just because of tariffs, but the rhetoric and condescending tone around it.”

The number of overseas visitors to the United States fell 2.4 percent in February from a year earlier, government data shows, with the biggest drops in travelers from Africa (down 9 percent), Asia (7 percent) and Central America (6 percent). Meanwhile, travel from China — a frequent target of the president’s ire — is down 11 percent.
Click to expand...
Thanks, MAGAs!
 
altmin said:

International travelers concerned about President Donald Trump’s trade policies and bellicose rhetoric have been canceling trips to the United States, depriving the U.S. tourism industry of billions of dollars at a time when the economy has started to appear wobbly.

Canadians are skipping trips to Disney World and music festivals. Europeans are eschewing U.S. national parks, and Chinese travelers are vacationing in Australia instead.

International travel to the United States is expected to slide by 5 percent this year, contributing to a $64 billion shortfall for the travel industry, according to Tourism Economics. The research firm had originally forecast a 9 percent increase in foreign travel, but revised its estimate late last month to reflect “polarizing Trump Administration policies and rhetoric.”


“There’s been a dramatic shift in our outlook,” said Adam Sacks, president of Tourism Economics. “You’re looking at a much weaker economic engine than what otherwise would’ve been, not just because of tariffs, but the rhetoric and condescending tone around it.”

The number of overseas visitors to the United States fell 2.4 percent in February from a year earlier, government data shows, with the biggest drops in travelers from Africa (down 9 percent), Asia (7 percent) and Central America (6 percent). Meanwhile, travel from China — a frequent target of the president’s ire — is down 11 percent.
Click to expand...
Well, why travel to visit our magnificent national parks that starting this summer will have almost no park rangers to help you do anything, will likely have many shuttered facilities, and will soon be used for mining, logging, and drilling anyway? Thanks Dear Leader!
 
Mulberry Heel said:
Well, why travel to visit our magnificent national parks that starting this summer will have almost no park rangers to help you do anything, will likely have many shuttered facilities, and will soon be used for mining, logging, and drilling anyway? Thanks Dear Leader!
Click to expand...
I have a life time old folks National Parks pass Sad
 
mpaer said:
I have a life time old folks National Parks pass Sad
Click to expand...
I think they are eventually going to turn these parks into big game reserves. Where it’s feasible. Go up to Cherokee and bag you an elk. Or go to Yosemite and shoot a grizzly. They can charge a big fee and make themselves some big money. When all the big game is gone, just shut the motherfucker down.
 

World shares rise, US futures slip after Trump vows to push ahead with tariff hikes​


apnews.com

World shares rise, US futures slip after Trump vows to push ahead with tariff hikes

Shares are higher in Europe and Asia though U.S. futures have fallen after U.S. President Donald Trump vowed to press ahead with more tariffs hikes despite worries over the economy and markets.
apnews.com apnews.com

“… Speaking to reporters on Air Force One, said he has no intention to back away from another round of tariffs due to take effect on April 2.

“April 2 is a liberating day for our country,” Trump said. “We’re getting back some of the wealth that very, very foolish presidents gave away because they had no clue what they were doing.”

“They charge us and we charge them,” he said regarding retaliatory moves by trading partners. “Then in addition to that, on autos, on steel, on aluminum, we’re going to have some additional tariffs.”

The futures for the S&P 500 and the Dow Junes Industrial Average slipped 0.5%. …”
 
Patb78 said:
I think they are eventually going to turn these parks into big game reserves. Where it’s feasible. Go up to Cherokee and bag you an elk. Or go to Yosemite and shoot a grizzly. They can charge a big fee and make themselves some big money. When all the big game is gone, just shut the motherfucker down.
Click to expand...
It’ll be resorts and amusement parks. The geyser hazard on the 17th hole at The Yellowstone Grand Golf and Casino will be epic. And hey, who doesn’t want to see Big and Rich featuring Kid Rock at the Patriot theater before taking the kids on the water slide amongst the Hoodoos at Bryce Canyon?
 
You must log in or register to reply here.
Back
Top