Anonymous wrote:You shouldn’t need to buy the majority of these items from another country. Many of these grow locally and most grow somewhere in the US. I can live without mangoes and tequila.

Yes, I was just thinking "I'm so glad I live in California and get almost all of these locally." Bananas aren't local, nor is fish/seafood, but everything else is. I don't drink alcohol so that's a nonissue for me.

Anonymous wrote:

Anonymous wrote:Don’t care. I can grow most of these things in my backyard.

In February?

Ever heard of canning and freezing?

Anonymous wrote:Don’t care. I can grow most of these things in my backyard.

In February?

Don’t care. I can grow most of these things in my backyard.

Can’t wait to hear middle America try to justify this. FAFO

Muricans need to eat less anyway.

Anonymous wrote:

Anonymous wrote:You shouldn’t need to buy the majority of these items from another country. Many of these grow locally and most grow somewhere in the US. I can live without mangoes and tequila.

Nothing is going to go up in price. Taking $3 billion per day out of the economy is inherently deflationary. But it won't matter because you won't be able to afford that anyways because it will come from your pocket too

https://news.bitcoin.com/elon-musks-doge-saves-federal-government-1b-daily-now-gunning-for-3b/

Of course it will go up in price because it costs 25% more for the food to get from Mexico to you. Grocery stores already run on a tight profit margin.

It's a way to raise taxes while claiming you're not raising taxes.

Anonymous wrote:You shouldn’t need to buy the majority of these items from another country. Many of these grow locally and most grow somewhere in the US. I can live without mangoes and tequila.

There’s many more things on the list. Tomatoes are a big one, along with beef, eggs, seafood etc. Mexico and Canada are not the sole provider of some of the items. These imports help meet the demand. They will raise prices across the board. It’s not as if just the avocado or tomato from Mexico will be .25 more. Companies that distribute to grocery stores, restaurants or use the ingredients in their products will seek the least expensive option. If the US made goods are cheaper they’ll buy those but that increases demand and the price goes up. The end price increase will be somewhere between current price and 25 cents higher.

The American consumer pays the cost, the federal government takes a nice little profit which apparently will go into Trump or Musks pocket.

Tariffs can do wonky things to food prices. The exporters may decide to drop their prices as demand lessons or they seek new markets. If the tariffs disappear a month from now, prices don’t fall back to where they were at before at least not quickly.

“Sticky” pricing has been a thing in grocery retail for decades. The classic example is back when Orange crops would fail during a storm in Florida. Prices of oranges would shoot up. When the next supply came in, retailers realized that people were used to paying higher prices for OJ and the consumers who wouldn’t pay that amount moved onto other beverages. Retailers and distributors decided to keep the higher margins on lower volume. This hurts the farmers because it kept demand down from distributors, farmers had to cut their prices even though those price cuts were never felt by the consumer.

So expect this to be a longer inflationary impact to your budget.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You shouldn’t need to buy the majority of these items from another country. Many of these grow locally and most grow somewhere in the US. I can live without mangoes and tequila.

Nothing is going to go up in price. Taking $3 billion per day out of the economy is inherently deflationary. But it won't matter because you won't be able to afford that anyways because it will come from your pocket too

https://news.bitcoin.com/elon-musks-doge-saves-federal-government-1b-daily-now-gunning-for-3b/

Okay so as an example taxing cigarettes does not make them more expensive

Assume that there is just one good in an economy. If there are $100 dollars in an economy, and the price of something is $10, you can buy 10 of them. But let's say, there are only $80 dollars in an economy, at $10, you can only buy 8. So if you need to sell all 10, you will reduce the price to $8.

Now, let's say, we add a tariff of $2. What is the price of that good?

You are reading the posts of a very bored economist trying to write a book on a very rainy Friday afternoon. I can explain further if you'd like?

Anonymous wrote:

Anonymous wrote:You shouldn’t need to buy the majority of these items from another country. Many of these grow locally and most grow somewhere in the US. I can live without mangoes and tequila.

Nothing is going to go up in price. Taking $3 billion per day out of the economy is inherently deflationary. But it won't matter because you won't be able to afford that anyways because it will come from your pocket too

https://news.bitcoin.com/elon-musks-doge-saves-federal-government-1b-daily-now-gunning-for-3b/

Okay so as an example taxing cigarettes does not make them more expensive

Anonymous wrote:You shouldn’t need to buy the majority of these items from another country. Many of these grow locally and most grow somewhere in the US. I can live without mangoes and tequila.

Nothing is going to go up in price. Taking $3 billion per day out of the economy is inherently deflationary. But it won't matter because you won't be able to afford that anyways because it will come from your pocket too

https://news.bitcoin.com/elon-musks-doge-saves-federal-government-1b-daily-now-gunning-for-3b/

You shouldn’t need to buy the majority of these items from another country. Many of these grow locally and most grow somewhere in the US. I can live without mangoes and tequila.

Anonymous wrote:Food increased 25.8% over last year years. Sorry, no cute emoji.

Ok, well, it's going up 25% more. Enjoy!

Food increased 25.8% over last year years. Sorry, no cute emoji.

From Mexico:
🥑 Avocados (+25%)
🍅 Tomatoes (+25%)
🌶️ Bell peppers (+25%)
🥒 Cucumbers (+25%)
🍓 Strawberries (+25%)
🍋 Limes (+25%)
🥭 Mangoes (+25%)
🫐 Blueberries (+25%)
🍌 Bananas (+25%)
🍇 Grapes (+25%)
🌽 Corn (+25%)
🫘 Beans (+25%)
🥩 Beef (+25%)
🐖 Pork (+25%)
🍤 Shrimp (+25%)
🧀 Cheese (+25%)
🍦 Ice cream (+25%)
🍿 Snack foods (+25%)
🍹 Tequila & mezcal (+25%)
🍺 Beer (+25%)

From Canada:
🥚 Eggs (+25%)
🥩 Beef (+25%)
🐖 Pork (+25%)
🐟 Salmon (+25%)
🦞 Lobster (+25%)
🧀 Cheese (+25%)
🥛 Milk powder (+25%)
🧈 Butter (+25%)
🌾 Wheat (+25%)
🌾 Oats (+25%)
🌾 Barley (+25%)
🌻 Canola oil (+25%)
🍏 Apples (+25%)
🥔 Potatoes (+25%)
🍁 Maple syrup (+25%)
🥃 Whiskey (+25%)
🍺 Beer (+25%)

https://x.com/JoshEakle/status/1885117445943226624