Americans Are Stockpiling to Get Ahead of Tariffs

[Anonymous]

Over the last few days in the East Coast Seaside town I've had conversations with thee local business owners who lament the fact that they can't hire anybod. there's no one to hire. Which does not surprise me because fat lazy Americans don't want hard work, physical jobs like restaurants and retail. Get ready to pay much higher prices for produce when there is no one to pick fruit and produce just rots in the fields. Get ready to pay twice for that new roof you need to put on your house and get ready to wait an extra few months to get that roof work scheduled, again because there aren't enough Americans willing to do the work. You're right, it's so terrible to have immigrants come here to actually do the work that keeps our nation running. Hopefully Trump will at least enable and encourage a real legislative solution.

[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.

That will subject them to anti-dumping cases.

Have you seen the long list of Chinese antidumping cases? And the tariffs already on the Chinese goods? And the fact that those Chinese goods are still being sold in the US market at competitive prices even with high tariffs?

China has a subsidized export economy. It’s export or die for them. We have a massive import side of our economy, for better or worse. The idea behind the tariffs is that we import less and make more. We’re not structured well to make more but attempting to shift our import to export ratio isn’t the most insane concept (and, no, I didn’t vote for him). We’ll survive the tariffs.

[Anonymous]

Anonymous wrote:I know someone who hs buying a car for his kids (who still have 2 years before they can drive) bc they are worried about tariffs. So the car will need to be tagged and insured and maintained for two years of non- use.

All this instead of making more money. I put $29k into 'savings' account in August 2023. It had grown to $106k as of yesterday.
I find insuring a car I use every day a pain at $2000 a year. Non-luxury, never any claims, but normal city rates.

[Anonymous]

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

I didn't vote for him, but I understand why people did this time. I am so tired of Warren and her bank friends. Gensler and Nancy also need to go. Maybe Nancy left already. I have no idea what Kamala stood for. Hardly ever even heard her speak.
Real estate is not for the new generation, bu crypto is and Democrats were dragging their feet.
Had Dems not ignored (more than ignored) crypto investors - all young people, they would have had some chance.

[Anonymous]

Anonymous wrote:

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

I didn't vote for him, but I understand why people did this time. I am so tired of Warren and her bank friends. Gensler and Nancy also need to go. Maybe Nancy left already. I have no idea what Kamala stood for. Hardly ever even heard her speak.
Real estate is not for the new generation, bu crypto is and Democrats were dragging their feet.
Had Dems not ignored (more than ignored) crypto investors - all young people, they would have had some chance.

Yes, they should have one all in on the world's greatest money laundering and cyber extortion vehicle.

[Anonymous]

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

The stupidity. It hurts.

Right, because Trump announced that the tariffs would produce tons of money, enough to pay for childcare, etc. And that means they must be very small.

Can any Trump supporters do math at all?

[Anonymous]

Anonymous wrote:

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

I didn't vote for him, but I understand why people did this time. I am so tired of Warren and her bank friends. Gensler and Nancy also need to go. Maybe Nancy left already. I have no idea what Kamala stood for. Hardly ever even heard her speak.
Real estate is not for the new generation, bu crypto is and Democrats were dragging their feet.
Had Dems not ignored (more than ignored) crypto investors - all young people, they would have had some chance.

I think you don't quite understand the common ground with people on the far left and far right. They are both socialists, just one group is liberal socially and one group is conservative socially.

Look at the current online mob supporting Luigi. Folks like Ben Shapiro did a rant about how murder is evil and you can't turn this guy into a martyr and his own listeners were absolutely savage. Like the comments were 100-to-1 in favor of Luigi and calling Ben Shapiro a POS.

[Anonymous]

Anonymous wrote:

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

The stupidity. It hurts.

Right, because Trump announced that the tariffs would produce tons of money, enough to pay for childcare, etc. And that means they must be very small.

Can any Trump supporters do math at all?

I don’t know how tariffs would produce tons of money except in the sense that the USG would be collecting more revenue. Not sure how that will impact individual childcare.

The point of the tariffs is to make gains in our trade deficit and increase US manufacturing. The argument is that we can’t increase US manufacturing if our manufacturers are competing against subsidized imports.

Whether the tariffs will help in the push to increase US manufacturing is unknown (I would guess not because we have a lot of structural problems here) but the goal is not to stop us from buying yet another salad spinner from Walmart. Even with a tariff on that salad spinner, it’ll still be cheap.

[Anonymous]

Anonymous wrote:

Anonymous wrote:I know someone who hs buying a car for his kids (who still have 2 years before they can drive) bc they are worried about tariffs. So the car will need to be tagged and insured and maintained for two years of non- use.

All this instead of making more money. I put $29k into 'savings' account in August 2023. It had grown to $106k as of yesterday.
I find insuring a car I use every day a pain at $2000 a year. Non-luxury, never any claims, but normal city rates.

Wut. How did you more than triple your money in a savings account. Are you in a hot streak at the craps table?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I know someone who hs buying a car for his kids (who still have 2 years before they can drive) bc they are worried about tariffs. So the car will need to be tagged and insured and maintained for two years of non- use.

All this instead of making more money. I put $29k into 'savings' account in August 2023. It had grown to $106k as of yesterday.
I find insuring a car I use every day a pain at $2000 a year. Non-luxury, never any claims, but normal city rates.

Wut. How did you more than triple your money in a savings account. Are you in a hot streak at the craps table?

Saw similar stats in another post. Poster responded it was in Bitcoin. Hence the quotation marks around "savings".

[Anonymous]

Anonymous wrote: Hopefully Trump will at least enable and encourage a real legislative solution.

Ha ha ha ha ha ha....

Sorry, couldn't stop laughing at that part. Agree with the rest!

[Anonymous]

I'm going to see this thread as permission to stockpile poutine.

[Anonymous]

Do we import toilet paper?

[Anonymous]

Anonymous wrote:Over the last few days in the East Coast Seaside town I've had conversations with thee local business owners who lament the fact that they can't hire anybod. there's no one to hire. Which does not surprise me because fat lazy Americans don't want hard work, physical jobs like restaurants and retail. Get ready to pay much higher prices for produce when there is no one to pick fruit and produce just rots in the fields. Get ready to pay twice for that new roof you need to put on your house and get ready to wait an extra few months to get that roof work scheduled, again because there aren't enough Americans willing to do the work. You're right, it's so terrible to have immigrants come here to actually do the work that keeps our nation running. Hopefully Trump will at least enable and encourage a real legislative solution.

They can't hire anyone for the wages they want to pay. There's a difference.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I don't see why someone would stockpile TP or paper towels due to tariffs. Those items aren't that expensive and even a 100% tariffs would only increase the price by a couple bucks compared to the space required to store a stockpile.

I could see it for appliances, electronics or cars. Possibly coffee depending on how expensive your brand is since coffee is fairly small.

The vast majority of TP is made in U.S. it wont be affected by tariffs.

But the wood comes from Canada.

America has commercial forests. Why are we importing wood from Canada for this?