Tariffs Catch-All

  • Thread starter Thread starter BubbaOtis
  • Start date Start date
  • Replies: 4K
  • Views: 142K
  • Politics 
lawtig02 said:
1744213439973.gif
Click to expand...
In fairness, how many of those people voted for Trump? And it's also true that nobody saw 104% tariffs coming. Yes, electing a madman who in his prime was merely an idiot was a terrible, terrible idea, but still -- 104% tariffs are something else.

I feel bad for these small business owners getting crushed, even if they were Trump voters.
 
rodoheel said:
As many people have pointed out, the problem with this logic is that no company in its right mind is going to invest billions in US manufacturing when the success of that manufacturing is dependent on tariffs which Trump has constantly said are negotiable and therefore may be changed at any moment. You have to believe those tariffs will still be there in 3 years when you're finally ready to ramp up production.
Click to expand...

You also have to believe that the next presidential administration won't just tear them up and go back to the way things were.
 
GoHeelsweeeehoooo said:
I was thinking about upgrading my cell phone in the fall - are they going to be outrageously expensive by then?
Click to expand...
I would upgrade today, but for all i know they already jacked up prices under the guise of tariffs, though the current supply likely had none of the tariffs that went into effect today applied to them. they will eek out profit where they can.
 
superrific said:
In fairness, how many of those people voted for Trump? And it's also true that nobody saw 104% tariffs coming. Yes, electing a madman who in his prime was merely an idiot was a terrible, terrible idea, but still -- 104% tariffs are something else.

I feel bad for these small business owners getting crushed, even if they were Trump voters.
Click to expand...
I do recognize there are a lot of people being crushed by this who did not vote for Trump and I have immense sympathy for them. I just can't feel the same way about Trump voters. Maybe this is worse than what they were expecting, but that's what you get when you throw your lot in with an economic terrorist.
 
Rock said:
Assume another day of start green, end red.
Click to expand...
No, they just figured out he's an oracle of all knowing stable genius and they just have to listen to him. We should be back to previous highs in no less than 45 years.
 
Can someone explain something to me -- and maybe I need a new thread. Why are distributors taking markups on tariffs?

The value-added by the distributor hasn't changed. If they were adding $20 in value to a $100 product, they are still adding $20 in value for the $150 product. Why should their fee increase by 50% just because the price went up?

This is a way of asking, why do so many businesses accept multiplicative profit margins? I mean, it's a little bit like tipping waiters -- why would you tip the waiter 40% more for the same work just because the food on the plate is being charged more? In practice I tend to accept because why bother fighting (and I suppose this could be the answer above, though it seems like more is at stake there), though I tend to tip higher % at low-end restaurants and less % at higher-end ones.
 
superrific said:
Can someone explain something to me -- and maybe I need a new thread. Why are distributors taking markups on tariffs?

The value-added by the distributor hasn't changed. If they were adding $20 in value to a $100 product, they are still adding $20 in value for the $150 product. Why should their fee increase by 50% just because the price went up?

This is a way of asking, why do so many businesses accept multiplicative profit margins? I mean, it's a little bit like tipping waiters -- why would you tip the waiter 40% more for the same work just because the food on the plate is being charged more? In practice I tend to accept because why bother fighting (and I suppose this could be the answer above, though it seems like more is at stake there), though I tend to tip higher % at low-end restaurants and less % at higher-end ones.
Click to expand...
There's no defensible explanation for it, but it's a great example of the compounding impacts of tariffs, which, as you note, operate much like inflation. It's one of the many, many reasons every credible economist thinks what Trump is doing is bat shit crazy. Price fuckery tends to set off doom spirals.
 
UNCatTech said:
Yea because every good electrical know you can run a factory off of a Griswald power outlet.

Google Image Result for https://lookaside.fbsbx.com/lookaside/crawler/media/?media_id=391920922050485&get_thumbnail=1

images.app.goo.gl

No need for transformers, switchgear, or other electrical control components for that 480v 20000 amp service.
Click to expand...
Right. Trump apparently thinks a factory in Shenzhen can be loaded on a Panamax, along with all its employees, and moved across the ocean to plug into the electrical grid and sewer system in Ogden, Utah.

1744215301055.png
 
Any prediction on how fast people are going to throw money into revamping the coal industry, both mining and coal powered facilities? The ROI on that wouldn't terribly intrigue me if I were an investor.
 
finesse said:
Any prediction on how fast people are going to throw money into revamping the coal industry, both mining and coal powered facilities? The ROI on that wouldn't terribly intrigue me if I were an investor.
Click to expand...
Do you have any insight on markups?
 
superrific said:
Do you have any insight on markups?
Click to expand...
Oh hell no. The only thing I ever invested in was next week's groceries. I just think trying to revive coal is a classic case of beating a dead horse. The only way it's ever coming back is in a post apocalyptic world.
 
finesse said:
Oh hell no. The only thing I ever invested in was next week's groceries. I just think trying to revive coal is a classic case of beating a dead horse. The only way it's ever coming back is in a post apocalyptic world.
Click to expand...
I didn't know if you subcontracted out work. And coal is ridiculous, obviously. It makes sense cost-wise only if you cut out all the pollution costs, which the Administration is trying to do by not enforcing rules about toxic emissions, but presumably those rules will be enforced after the fascists get voted out of office.
 
You must log in or register to reply here.
Back
Top