Crazy Trump's tariffs are backfiring on the U.S.

Nordberg said:
Trump's idea of tariffs is plainly stupid. He mixes it with his crazy mood swings, expecting other nations to simply accept what he does. He moved them up and down a long way according to his moods. He is, as usual, a bully. Other nations will not be bullied. They are moving to more sane and reliable countries to trade with.
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That's the beauty of global markets. They're not at our mercy anymore. Trump is a paper tiger with the business acumen of a sea sponge.
 
gfm7175 said:
People keep parroting this leftist media claim, but I've yet to personally experience it. I was told that I'd notice it in Q2; that didn't happen. I was then told "just wait until Q3"; that didn't happen either. Now I'm told to wait until Q4... ... ... ???
...
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ya but remember the key thing is you are stupid so you cannot use what you know for anything.

My company is doing exactly this right now as our input costs on items have soared some by nearly 30%. We waited and waited to see where the dust would end up because no one wants to raise prices first and have their customers shift to another supplier and then Trump TACO's on the tariffs but your customers do not come back.

So that is why you had seen so little of the price increases passed on until every seller was CERTAIN Trump would not TACO.

You can read stories like the below and claim you do not believe them and that these public company CEO are committing fraud by lying in their financial reporting but only a stupid person (ie you) believes that.


As Detroit 3 automakers report tariff blows, experts say a trade deal is the only solution​

Walmart and Other Retailers Have Eaten the Cost of Tariffs. Now It Is the Consumer’s Turn.

Walmart, Amazon, Costco And Home Depot Tackle Tariff Whiplash​



And believe me i accept you will see all that and say they are all 'lying leftists' who are willing to go to jail for this lie, but that is not because it is true and is because you are stupid.
 
cawacko said:
You're trying to say this is a liberal's wet dream.
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Nope. Liberals wish to tax the ever loving SHIT out of WE THE PEOPLE. I, on the other hand, wish to have an EXTERNAL Revenue Service (ERS) rather than an Internal Revenue Service (IRS).
cawacko said:
The gov't can tax the sh*t out businesses
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Remember that any businesses that manufacture their products in the USA pay ZERO tariffs.

For the ones that do import foreign-made products (and thus pay tariffs), it is a pittance of a price to pay for retained access to the USA consumer base, the #1 consumer base in the world. Without that access, their profits will take a much larger hit than simply paying the tariffs for retained access.
cawacko said:
and they just quietly eat it,
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Well, they DO bitch and moan about not getting a free ride off the backs of USA taxpayers anymore, but after that they "grin and bear it" to retain access to the USA consumer base.
cawacko said:
while costs don't increase
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Remember that any businesses that manufacture their products in the USA pay ZERO tariffs and face ZERO cost increases because of it.

For the ones that DO pay tariffs and DO see a very slight increase in costs, they "eat it" for the reasoning already mentioned.
cawacko said:
and jobs and growth aren't affected.
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They aren't. It's been shown all throughout the USA's history (both distant past and recent past).
cawacko said:
If that's the case, why haven't we done this forever then?
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It was done from the founding of the USA all the way up until 1913. Since 1913, tariffs have become a much smaller part of the treasury because of elitist globalists from "both" donkeys AND elephants who are now bought-and-paid-for by Big Ag, Big Pharma, Big Tech, etc etc (aka various multinational corporations).

Now, a whole century later, Trump is returning national policy back to what made this nation so great in the first place.
 
gfm7175 said:
...

There is absolutely no demand that the retail seller MUST incorporate any sort of "tariff expense" into their selling price. They already sell their items for what people are willing to pay for them... They're not going to "price people out" of their items (a larger hit in profits) because of an itty bitty tariff (a much smaller hit in profits).
...
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I am going to address this separately not in the hopes you are smart enough to understand it (you are not) but for others who may read this.

There is absolutely no demand that a retailer pass on any cost of any items in a final sale price and YET THEY DO!.

Again Tariffs are not magic. To a company whether it Cost A or Cost B and one is increase due to the supplier having cost go up on raw materials and the other is cost going up based on tariffs, DOES NOT MATTER to the seller.

All costs matter equally and they DO NOT say, we will eat tariffs and reduce our margin but we will not eat the other costs and consumers will pay more if those go up.

YOu, being stupid, imagine tariffs have some magical quality that retailers decide they will just eat.

Whenever a cost goes up across the industry to ALL, then retailers move up price accordingly as the customer does not have an option to go elsewhere.

You, because you are dumb, are thinking about this like it is only one retailer hit with a price increase and thus if he raised his prices he prices himself out and the customer goes to a competitor.

You learned during covid that if they ALL RAISE prices the customer is NOT priced out and must pay the inflated price. Exactly as it happened.
 
QP! said:
I am going to address this separately not in the hopes you are smart enough to understand it (you are not) but for others who may read this.

There is absolutely no demand that a retailer pass on any cost of any items in a final sale price and YET THEY DO!.
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No, they don't. Stop lying.
QP! said:
Again Tariffs are not magic. To a company whether it Cost A or Cost B and one is increase due to the supplier having cost go up on raw materials and the other is cost going up based on tariffs, DOES NOT MATTER to the seller.

All costs matter equally and they DO NOT say, we will eat tariffs and reduce our margin but we will not eat the other costs and consumers will pay more if those go up.

YOu, being stupid, imagine tariffs have some magical quality that retailers decide they will just eat.

Whenever a cost goes up across the industry to ALL, then retailers move up price accordingly as the customer does not have an option to go elsewhere.

You, because you are dumb, are thinking about this like it is only one retailer hit with a price increase and thus if he raised his prices he prices himself out and the customer goes to a competitor.

You learned during covid that if they ALL RAISE prices the customer is NOT priced out and must pay the inflated price. Exactly as it happened.
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RAAA. (repetitive assertions already addressed)
 
gfm7175 said:
I don't believe you.

I don't believe this claim either.

Make your product in the USA, then you'll have ZERO tariffs.
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I don't care what stupid people refuse to believe.

Facts do not care about your beliefs.

Tariffs are not magic. Prices are set based on cost inputs and tariffs are not the sole things companies say 'nope we will eat those and not consider them when setting price'.

I know, you as a stupid person will argue 'but tariffs are magic and unique and thus companies will say we will only eat them and never pass them on', but the reason you think that is because you are stupid.
 
QP! said:
I don't care what stupid people refuse to believe.

Facts do not care about your beliefs.

Tariffs are not magic. Prices are set based on cost inputs and tariffs are not the sole things companies say 'nope we will eat those and not consider them when setting price'.

I know, you as a stupid person will argue 'but tariffs are magic and unique and thus companies will say we will only eat them and never pass them on', but the reason you think that is because you are stupid.
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RAAA.
 
gfm7175 said:
RAAA.
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the problem you have is you addressed it wrongly and made no sense.

So yes, you can say you addressed it but that does not mean you were accurate or correct.

Tariffs are not magic. When companies consider the totality of costs that go in to a product and then set their margin and target profit they do not then say 'oops you counted tariffs and we just eat those unlike the other costs'.

Only a stupid person thinks that is how business works and that businesses treat tariffs as if magic and uniquely the only cost they must eat and not pass on.
 
Trumpet said:

So this is Trumponomics​

Trump's tariffs are backfiring on the U.S., Fed finds​

A new study from the Federal Reserve found that President Trump’s tariffs are backfiring.

According to the Fed study, the tariffs that went into effect in 2018 have led to not only higher producer prices but also a loss of jobs across the U.S. — particularly in manufacturing. A previous analysis also found that tariffs have cost the U.S. $42 billion so far.

“In terms of manufacturing employment, rising input costs and retaliatory tariffs each contribute to the negative relationship, and the contribution from these channels more than offsets a small positive effect from import protection,” the new Fed study stated. “For producer prices, the relative increases associated with tariffs are due solely to the rising input cost channel. We find little evidence for a relationship between industrial production and any of the three tariff channels considered.”


​

Trump’s 25% tariffs are backfiring and threatening Gen Z’s trade career aspirations—putting car manufacturing jobs in peril​


“This is going to lead to the construction of a lot of plants, in this case auto plants,” Crazy Trump said upon announcing the tariffs in March. “You’re going to see numbers like you haven’t seen…in terms of employment. You’re going to have a lot of people making a lot of cars.”


But the goal to boost U.S. manufacturing work by alienating trading allies hasn’t panned out yet. In reality, most “American-made” vehicles aren’t completely manufactured in the U.S.; parts of these cars—including Ford, Toyota, and Honda—are assembled in Mexico or Canada before being finished in the states. Because of skyrocketing prices from Trump’s 25% tariffs, it’s estimated there will be between 10% and 20% fewer cars produced across North America, according to Cox Automotive. With a decline in demand, less workers would be needed to keep factories running.
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Wait, I thought you swore inflation would soar back to Biden's America-wrecking levels. Correction: That auto-pen of his tried to torch the country. That little bastard pen nearly pulled it off. Relax, the economy's about to hum. Not next week, like you clueless morons who don't understand markets think. Just crawl back to your mom's basement and let sane folks handle it. You'll be better off, whether you like it or not.

Wait, another correction: You never swore anything because all you drones ever do is post some other libtards opinion never caring how many times they've been completely wrong, as long as it's a negative Trump story, the hell with accuracy. Why? You are a simpleton that can only parrot what others say, you have zero thoughts of your own.
 
Tobytone said:
Wait, I thought you swore inflation would soar back to Biden's America-wrecking levels. Correction: That auto-pen of his tried to torch the country. That little bastard pen nearly pulled it off. Relax, the economy's about to hum. Not next week, like you clueless morons who don't understand markets think. Just crawl back to your mom's basement and let sane folks handle it. You'll be better off, whether you like it or not.

Wait, another correction: You never swore anything because all you drones ever do is post some other libtards opinion never caring how many times they've been completely wrong, as long as it's a negative Trump story, the hell with accuracy. Why? You are a simpleton that can only parrot what others say, you have zero thoughts of your own.
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Here you are posting about clueless morons, and then, here you are posting this foolish incoherent tripe, maybe you ought to consider laying off the drugs.
 
Cypress said:
I don't have the slightest problem with limited tariffs duly authorized by Congress to maintain critical strategic industries in America.

Trump's chaotic and legally dubious global trade war is not something anyone was clamouring for.
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I'm not a business guy, but do become concerned when the government gets into my business. :)

Regardless, the Constitution requires Congress to protect the national defense. This would include protectionist measures to protect ship and aircraft building, food production, etc. Due to excess capacity, the United States is a food exporter. Tariffs kill them. The immigrant round up isn't helping them either. It's a double whammy. Our nation needs immigration reform, but Trump killed the last attempt.

Trump's tariff war is helping the rich, but hurting the majority of Americans.

"We the People of the United States, in Order to form a more perfect Union, establish Justice, insure domestic Tranquility, provide for the common defence, promote the general Welfare, and secure the Blessings of Liberty to ourselves and our Posterity, do ordain and establish this Constitution for the United States of America."
 
QP! said:
the problem you have is you addressed it wrongly and made no sense.

So yes, you can say you addressed it but that does not mean you were accurate or correct.

Tariffs are not magic. When companies consider the totality of costs that go in to a product and then set their margin and target profit they do not then say 'oops you counted tariffs and we just eat those unlike the other costs'.

Only a stupid person thinks that is how business works and that businesses treat tariffs as if magic and uniquely the only cost they must eat and not pass on.
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RAAA.
 
Trumpet said:
Here you are posting about clueless morons, and then, here you are posting this foolish incoherent tripe, maybe you ought to consider laying off the drugs.
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Incoherent? Did you struggle understanding the words I used or did the complete sentences throw you off?
 
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