Tariffs Catch-All

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nycfan said:
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“…The U.S. Commerce Department has announced a 92% antidumping duty on pasta made in Italy by La Molisana and 12 other companies, which import the bulk of pasta from Italy to the U.S. That is on top of the Trump administration’s 15% tariff on imports from the European Union.

The Commerce Department acted after a long-running probe into pricing practices for the product that goes into everything from spaghetti Bolognese to mac and cheese. The severity of the decision has stunned one of Italy’s most iconic industries and has escalated into a diplomatic dispute between Washington and Rome, which is determined to combat the tariff….”
 


“… Traders and analysts warn that vast stockpiles at ports and in state reserves, coupled with weak crush margins, limit Beijing's appetite for further purchases.

"State firms may be waiting for margins to recover before making large-scale purchases," said Johnny Xiang, founder of Beijing-based AgRadar Consulting. "Even with tariff waivers, margins remain negative and Brazilian beans are still cheaper."…”
 

U.S. to Cut Tariffs on Bananas, Coffee and Other Goods From Four Countries​

Move would ease some signature Trump duties on items from Ecuador, Argentina, El Salvador and Guatemala​



“… The expected move—which would apply to some goods from Ecuador, Argentina, El Salvador and Guatemala—is part of a shift from the Trump administration to water down some of its so-called reciprocal tariffs in the midst of rising prices for consumers, as well as legal uncertaintyafter a Supreme Court hearing this month. …”

Details pending …
 
nycfan said:

U.S. to Cut Tariffs on Bananas, Coffee and Other Goods From Four Countries​

Move would ease some signature Trump duties on items from Ecuador, Argentina, El Salvador and Guatemala​



“… The expected move—which would apply to some goods from Ecuador, Argentina, El Salvador and Guatemala—is part of a shift from the Trump administration to water down some of its so-called reciprocal tariffs in the midst of rising prices for consumers, as well as legal uncertaintyafter a Supreme Court hearing this month. …”

Details pending …
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So I'm trying to catch up on the history of the Trump Tax...

Whereas ; Trump has said that rising prices on goods and the beautiful word groceries is a hoax being pushed by Democrats and fake news, and

Whereas ; Trump has said that anyone who opposes the Trump tax is a fool, and

Whereas ; Trump has assured the American consumer that prices are actually way way down ; therefore be it

Resolved ; Trump will immediately make cuts in the Trump tax to slow the rise in prices on goods and beautiful word groceries
 
It's a variation of "We had to destroy the village in order to save it."


We had to increase prices inorder to lower them.
 
nycfan said:


“… Traders and analysts warn that vast stockpiles at ports and in state reserves, coupled with weak crush margins, limit Beijing's appetite for further purchases.

"State firms may be waiting for margins to recover before making large-scale purchases," said Johnny Xiang, founder of Beijing-based AgRadar Consulting. "Even with tariff waivers, margins remain negative and Brazilian beans are still cheaper."…”
Click to expand...

Other nations figuring out that the US is no longer a reliable or stable trading partner and developing alternative trading partners and plans that will continue into the future, and even after Trump has left office? Say it isn't so! The long-term damage he's causing the USA is incalculable. And in this case the people he's hurting the most are soybean farmers (and American farmers generally) - which just happen to be one of his most loyal voting blocs.
 
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