tariffs start this weekend

[HDGristle]

Jesus, even I don't eat 14 lbs of bacon in a month.

Not buying what you're selling if you can't get that right.

[HDGristle]

Well, that goes above and beyond. Play stupid tsriff games, win stupid prizes like a Bourbon ban

https://www.kob.com/news/business-mo...-some-shelves/

[The_Waco_Kid]

Originally Posted by HDGristle

Jesus, even I don't eat 14 lbs of bacon in a month.

Not buying what you're selling if you can't get that right.

you want the bacon .. fried or raw .. admit it

Originally Posted by HDGristle

Well, that goes above and beyond. Play stupid tsriff games, win stupid prizes like a Bourbon ban

https://www.kob.com/news/business-mo...-some-shelves/

i drink more than most people's car payments .. please tell me why this is an issue to me?


babvaahhahghahgaaaaaaaaa

[HDGristle]

Write an email to Chris Swonger. He can explain the impact of bans and tariffs quite eloquently.

He's over in Europe atm, trying to keep the EU from implementing delayed retaliatory tariffs on U.S. distilled spirits. And trying to get British Colombia to reconsider.

[lustylad]

Originally Posted by HDGristle

Some of those tariffs by Mexico and Canada you're unhappy with were retaliatory after he slapped on additional tariffs right after getting the USMCA deal.

That didn't bring back large swaths of U.S. jobs but it did juice inflation and effectively increase our taxes.

I'm not a tariff fan, but you're wrong about the record on inflation and jobs.

In early 2020 (i.e. right before the pandemic knocked the economy off kilter) annual CPI inflation was relatively modest (around 2.0%) and the number of US manufacturing jobs was more than 400,000 higher than when Trump took office 3 years earlier.

[RX792P]

Remember back in 2020...Trump's little China tariff war?
That turned out well didn't it.

The US spent more in farmer subsidies due to lost exports than we took in from the increased tariffs on imports.

[HDGristle]

Originally Posted by lustylad

I'm not a tariff fan, but you're wrong about the record on inflation and jobs.

In early 2020 (i.e. right before the pandemic knocked the economy off kilter) annual CPI inflation was relatively modest (around 2.0%) and the number of US manufacturing jobs was more than 400,000 higher than when Trump took office 3 years earlier.

The USMCA was signed on Jan 29, 2020 and went into effect on Jul 1, 2020. The additional tariffs I mentioned were in retaliation for his Aug 2020 tariffs.

If you're going to disagree, go for it. But do try to understand the argument and timeline

[VitaMan]

Originally Posted by lustylad

In early 2020 (i.e. right before the pandemic knocked the economy off kilter) annual CPI inflation was relatively modest (around 2.0%) and the number of US manufacturing jobs was more than 400,000 higher than when Trump took office 3 years earlier.

Can you state more clearly the point you are trying to make. ? If inflation was a modest 2%, and jobs increased, how does that address any point ?


High inflation will lead to an increase in interest rates to fight inflation, which in turn normally reduces employment.

[RX792P]

Originally Posted by HDGristle

The USMCA was signed on Jan 29, 2020 and went into effect on Jul 1, 2020. The additional tariffs I mentioned were in retaliation for his Aug 2020 tariffs.

If you're going to disagree, go for it. But do try to understand the argument and timeline

The new tariffs imposed would appear to violate both the spirit and letter of the USMCA.

btw, likely a good thing you're not a federal employee...
multiple federal agencies are ordering federal employees to remove any pronouns from their email signatures by end of day Friday, according to ABC

[MisterMeat]

The only economists who think that Trump’s tariffs will benefit the US economy are the economists who graduated from Trump University. It’s going to be fun watching the cultists twist themselves in knots as worldwide inflation skyrockets higher once the tariffs are in effect. No doubt they will somehow try to blame it on Biden, since they wouldn’t know the truth if it bit them where the sun don’t shine.

[CPT Savajo]

Originally Posted by VitaMan

25% tariffs on Canada and Mexico


Let's see how this plays out for the effect on prices

Don't forget China as well. Prices for goods and services should be going higher just as I am anticipating. I like how crypto currencies are getting smashed right now because it creates an opportunity. Hopefully these tariffs don't impact precious metals prices coming from Canada and Mexico.

[CPT Savajo]

Originally Posted by 1blackman1

It’ll lower prices because, according to the economic genius Donald Trump, Canada and Mexico will pay the tariffs into a US Treasury bank account.

Canada, Mexico, and China will more than likely play hardball with Trump and hike tariffs on the United States. Trade war.

[1blackman1]

Trump says it’ll be some pain. It’s so smart to get into a trade war with your most reliable trade partners.

[CPT Savajo]

Originally Posted by lustylad

I'm not a tariff fan, but you're wrong about the record on inflation and jobs.

In early 2020 (i.e. right before the pandemic knocked the economy off kilter) annual CPI inflation was relatively modest (around 2.0%) and the number of US manufacturing jobs was more than 400,000 higher than when Trump took office 3 years earlier.

I don't believe the numbers the mainstream media reports on inflation being at 2%, it's a lie. Check out John Williams Shadow Stats underneath the "Alternate Data" tab at the top of the page at Shadowstats.com. I think he gives a more honest opinion on reality. Just before the plandemic took off inflation was already out of control and it got much worse because of all the currency they printed and borrowed to hand out checks to the people, inflation is going to continue to get worse even with Trump in office.