Reply to Tariff impact on day to day goods?

Forum Index » Political Discussion

Reply to "Tariff impact on day to day goods?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous]I think we'll really see the hit take it's toll and visible impacts to our daily lifestyle in mainstream US starting from summer (June/July).

In terms of how much impact, it's hard to say really, I do think on the whole inflation will be nasty - there will be rising prices everywhere. In terms of specific items, I don't know.  I think it's not a good time to be in construction and real estate that's for sure.  While supply chains are interdependent for almost all products, it still matters what the costs to deliver for final product is - so if you take a bottle of ketchup - you have to look at the cost of the ketchup, the container and products used to make and package, the freight/shipping costs, etc.  You have to break down the ratio of how much that product is impacted by the tariff new prices to figure out what it really means to the cost of that product.  The scary thing is there's so much leverage for companies to price where they want - we all assume it'll be higher so they can price however high they want in theory until nobody buys but you know, people will still buy what they want in life :)

I think that the worse econ is still to come, we haven't actually hit the tip of the iceberg yet.  Looking at prob Q3 to really see where it's going.  It'll be bad for sure but how bad, I don't know that anyone knows.  Remember that with Trump, everything is constantly in flux!!!  He changes directions on a whim and who knows what big global events may happen and what good luck also may befall - it's just so hard to predict these things.

I don't know that I'd hoard per se.  How much can you really hoard?!  You really want to eat canned goods for like 2 years? LOL  How do you hoard produce like eggs and milk you know?  I think you just get a lot of stuff when it's on sale when it's practical commodities but I think for the most part, it's going to impact no matter what and it can be bad for almost all of it.  [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics