1) You are not factoring the bulk purchases and heavy equipment and technical supplies purchased by US companies - and those prices are all passed on to the consumers. 2) the impetus from Trump for all of this was to re-shore manufacturing, something that had already started under Biden but has now dried up. So a total fail on that front. |
You are ridiculous. I make about a $1m a year. I am buying nothing. The tariffs won't affect me, but I just have no desire. I cannot believe how stupid people are to believe that he would help this country economically. Soon regular people won't be able to afford things and my friends and I don't want to buy anything. That ain't good for the economy. |
You all are really impatient, give it a chance. Do you even have a business? |
You’re making a million a year and are buying nothing? Okaaaay. Are you guys just grumpy cause you missed the stock market bump? |
Yes, I actually do and if you read anything about how negatively this is impacting small businesses, you wouldn't be so blase about it. |
He was surprised by the market response…has he never spoken to an economist in his life. Also, FYI everyone, Bessent just said 30% is the floor. Prepared to get screwed even more by the felon in [checks calendar] 90 days. |
Still waiting to hear the value of the trade agreement with the UK! And I’m desperately hoping you don’t just say just the $700 million ethanol access (don’t even mention access for beef given hormone pumped beef does not even meet UK food health standards). |
“.. The Trump administration has blinked, big time,” wrote Greg Valliere, chief U.S. policy strategist at AGF ..
https://www.barrons.com/articles/china-trump-tariffs-trade-bfe18810 |
count on it, and short the market on a bounce like this, because when the "real" deal is announced, it will get ugly |
No, this is the climb down. They are trying to back away from their dumb tariff policies without appearing like they caved. |
China won't let them back away. Trump broke the seal and Xi will humiliate him. |
You wish. China does not want a trade war, it’s why they offered concessions. This was all the plan. |
That’s not Walmart’s business model — they have low margins, high volume, so consumers will feel it there. I don’t shop there and never have. |
Weird take. But the right wing is not so sanguine about the UK “deal” and said it’s “s&itty” “First, they told us the 10% tariff was just a baseline for negotiations to get to free trade deals,” he wrote on X, the Elon Musk-owned platform formerly known as Twitter. “Now we’re being told the 10% tariff is for keeps. That’s just a tax on the American people,” he added. https://www.yahoo.com/news/wing-pundit-torches-donald-trump-070312706.html |
People, please for the love of all, read the news. The US does not have a supply chain that is 100% American. That’s because a US peach has netting and sprinkler systems that aren’t American, then you put them on trucks that aren’t fully American. Got it?! |