Americans Are Stockpiling to Get Ahead of Tariffs

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:OMG. Taking on debt to stockpile random $hit that might be slightly more expensive.

The stupidity. It hurts.

If there is a trade war some things may become unavailable.

We have been in a “trade war” for some time now.

In many cases, Chinese manufacturers will lower prices to offset the tariffs the US importers will have to pay. Consumers may see a slight increase in prices but nothing huge.

I’m not a fan of tariffs but I also know that the sky is not falling.

Correct.

Sure they will drop their price a 60%. They will not be able to make a profit. The profit margin are pretty small on exports. Specially companies that are billed as low cost providers. There is a hell of a lot of competition because purchasers have no loyalty and will switch producers for 1-2% of savings. A 25% tariff will wreck the low cost suppliers.

[Anonymous]

Anonymous wrote:And why anyone voted this POS in is beyond me

Cope more, losers. Bill Ackman, a billionaire Democrat, said two days ago that the upcoming Trump administration is “the most pro-growth, pro-business administration in [his] adult lifetime.”

[Anonymous]

Anonymous wrote:And why anyone voted this POS in is beyond me

That's what you took from this?! One track mind!

You should be more concerned for the fools dumb enough to stock pile until they're in debt.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And why anyone voted this POS in is beyond me

Cope more, losers. Bill Ackman, a billionaire Democrat, said two days ago that the upcoming Trump administration is “the most pro-growth, pro-business administration in [his] adult lifetime.”

Yes, billionaires are going to make even more. The rest of us are going to suffer for it. Note to you: when billionaires are giddy, you should be worried.

[Anonymous]

Anonymous wrote:We aren't going into debt to do this but yes we are moving up several big purchases so we don't have to deal with potential price hikes due to tariffs.

We bought a TV, a new stand mixer, and a bunch of lightbulbs during Black Friday sales even though we originally weren't planning on buying those items until next year, because I don't want to deal with 30% price hikes on those items in 2025.

If we were considering buying a car in the next couple years, I would pull the trigger on that purchase now if I could. Even if we were planning on buying used -- we all saw how the prices of used cars shot up during Covid when demand shifted due to availability of new cars declining thanks to supply chain issues. Same thing could happen if Trump's tariffs impact the availability of car components coming from China. Or the market for used cars could jump if new cars jump in price and people can't afford them.

I wouldn't stockpile regular consumer goods any more than you normally would (we like to buy TP in bulk anyway because it's easy to store and who wants to be buying TP all the time). But big purchases? Yes, it makes sense to do those now if you can.

The majority of wood used for toilet paper comes from the Canadian boreal forest. So price increases coming. Though if the shelves are bare it will cause a buying spree. TP is bulky and low profit. So retailers do not like running a truck full of TP to the store- no place to store at the store and cost to transport increases. A run on TP is hard to meet for those reasons.

[Anonymous]

Anonymous wrote:

Fear of Trump tariffs is causing Americans to stockpile toilet paper, medicine, and food before prices rise

One in three consumers plans to spend more money this holiday season, and the top motivation is fear of higher tariffs under Trump, according to a survey by CreditCards.com. Nearly a third also expect to take on more debt to make their purchases.
Americans are bracing for higher prices when President-elect Donald Trump returns to the White House as he has pledged to impose sweeping tariffs.

https://fortune.com/2024/12/09/trump-tariffs-fear-stockpiling-toilet-paper-medication-food-inflation-price-hikes/

Americans Are Stockpiling to Get Ahead of Tariffs
Some consumers are snapping up computer parts, vacuum cleaners, coffee and olive oil before levies take effect
Tariff-conscious consumers are stockpiling goods and rushing to upgrade old cars and appliances to get ahead of potential price increases.

https://www.wsj.com/economy/tariff-price-fear-stockpile-bd418b8a

Oh no this has caught me off guard! I am off to horde some PT and other things today. Later sucker!

If we have another completely preventable supply chain shortage that then leads to additional price gauging and even higher prices I will lose my mind.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And why anyone voted this POS in is beyond me

Cope more, losers. Bill Ackman, a billionaire Democrat, said two days ago that the upcoming Trump administration is “the most pro-growth, pro-business administration in [his] adult lifetime.”

Yes, billionaires are going to make even more. The rest of us are going to suffer for it. Note to you: when billionaires are giddy, you should be worried.

💯

[Anonymous]

Anonymous wrote:

Anonymous wrote:And why anyone voted this POS in is beyond me

This, a million times this.

+1,000,000,000

[Anonymous]

It is a small price to pay to make America great again.

Can’t wait for the deportations, too.

[Anonymous]

Yeah, why stop at deportations. Let's go to "camps for all", also solves housing situation, no more homeless and everyone is working, yeay. I remember someone said something about work making us free, who was that? Maybe Elon?

[Anonymous]

Anonymous wrote:It is a small price to pay to make America great again.

Can’t wait for the deportations, too.

I guarantee you that after they have the people rounded up for deportation into deportation camps (private prison stocks are already booming anticipating their construction), the next step will be Steven miller (or ban on) saying, “now let’s put these illegal criminals to work, so they are not costing taxpayers money.” And there you have it folks, concentration and forced labor camps right here in the US. No recourse for those victims, since they aren’t citizens.

[Anonymous]

Anonymous wrote:

Anonymous wrote:OMG. Taking on debt to stockpile random $hit that might be slightly more expensive.

The stupidity. It hurts.

If there is a trade war some things may become unavailable.

Not TP though.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And why anyone voted this POS in is beyond me

Cope more, losers. Bill Ackman, a billionaire Democrat, said two days ago that the upcoming Trump administration is “the most pro-growth, pro-business administration in [his] adult lifetime.”

Yes, billionaires are going to make even more. The rest of us are going to suffer for it. Note to you: when billionaires are giddy, you should be worried.

+1

The average American needs to stop worshipping billionaires and their soundbites.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:And why anyone voted this POS in is beyond me

Cope more, losers. Bill Ackman, a billionaire Democrat, said two days ago that the upcoming Trump administration is “the most pro-growth, pro-business administration in [his] adult lifetime.”

Yes, billionaires are going to make even more. The rest of us are going to suffer for it. Note to you: when billionaires are giddy, you should be worried.

+1

The average American needs to stop worshipping billionaires and their soundbites.

Fat chance.

[Anonymous]

Anonymous wrote:

Anonymous wrote:And why anyone voted this POS in is beyond me

This, a million times this.

Agreed.