About those pesky tariffs.......

JustAnotherNut

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Looks like they're working........

https://bipartisanpolicy.org/explainer/tariff-tracker/



Nearly $100 BILLION in tariffs and taxes just since January 2025.

And just so nobody gets butthurt over it.......those tariffs are both NEW and EXISTING. And of course the real bottom line is the fact we the people are the ones paying it with higher prices
 
Looks like they're working........

https://bipartisanpolicy.org/explainer/tariff-tracker/



Nearly $100 BILLION in tariffs and taxes just since January 2025.

And just so nobody gets butthurt over it.......those tariffs are both NEW and EXISTING. And of course the real bottom line is the fact we the people are the ones paying it with higher prices
And the dollar's value is sinking, with some estimates that it could drop another 50% against the Euro this year, Canada is diverting more of its exports to other countries, Honda has cancelled one of the made in America EV's precisely because of Trump's policies and has said they will wait his presidency out before picking it up again. Coins have two sides.
 
And the dollar's value is sinking, with some estimates that it could drop another 50% against the Euro this year, Canada is diverting more of its exports to other countries, Honda has cancelled one of the made in America EV's precisely because of Trump's policies and has said they will wait his presidency out before picking it up again. Coins have two sides.
Honda's decision had nothing to do with tariffs
 
And of course the real bottom line is the fact we the people are the ones paying it with higher prices

Yes and no. Some tariffs are absorbed by the tariffed country, some tariffs are absorbed by the manufacturer or seller, and some are passed on in higher prices.

But no one pays these higher prices unless they agree to them. If something is too expensive, I shop elsewhere. NOT buying tariffed goods makes the tariff more effective.

But then, I tend not to buy stuff from foreign countries that need tariffing in order to come into compliant fair trade.
 
But no one pays these higher prices unless they agree to them. If something is too expensive, I shop elsewhere. NOT buying tariffed goods makes the tariff more effective.

We'll pay, foreign made or not. This protectionism allows American made products to increase in costs. It's a fundamental matter of capitalism to charge market value for good and services. Shareholders and labor will continue to expect their slice of the economic pie.
 
And the dollar's value is sinking, with some estimates that it could drop another 50% against the Euro this year, Canada is diverting more of its exports to other countries, Honda has cancelled one of the made in America EV's precisely because of Trump's policies and has said they will wait his presidency out before picking it up again. Coins have two sides.



Today it's down .22 or 23% and still worth $97.35.........we'll see how the rest of it plays out in the next month or two and 3.5 years down the road.
 
Yes and no. Some tariffs are absorbed by the tariffed country, some tariffs are absorbed by the manufacturer or seller, and some are passed on in higher prices.

But no one pays these higher prices unless they agree to them. If something is too expensive, I shop elsewhere. NOT buying tariffed goods makes the tariff more effective.

But then, I tend not to buy stuff from foreign countries that need tariffing in order to come into compliant fair trade.


A big yes to not buying imported goods, but I doubt that much is being absorbed by anyone thru the supply line. They all have to have their profits.....so if it costs them more to make a widget, or transport those widgets or sell those widgets at retail........somewhere in their bottom line the cost will trickle down to us.

China or any other country isn't going to take a loss on their goods. That's not sustainable
 
Maybe Trump should increase our exports to give it some balance and direct that to the deficit
 
but I doubt that much is being absorbed by anyone thru the supply line. They all have to have their profits.....

Mark up is very high on some things. Some people have resolved just to make less profit. I remember seeing one company say they would absorb something 60-8o% of the cost of the tariffs, pass on the rest.

Bottom line is that the tariffs work--- whoever pays the tariffs, no company wants them, they hurt the bottom line.
 
Looks like they're working........

https://bipartisanpolicy.org/explainer/tariff-tracker/



Nearly $100 BILLION in tariffs and taxes just since January 2025.

And just so nobody gets butthurt over it.......those tariffs are both NEW and EXISTING. And of course the real bottom line is the fact we the people are the ones paying it with higher prices
Yes, inflation in the US did increase in June. The Consumer Price Index (CPI) rose 2.7% year-over-year, the highest level since February, and a 0.3% increase month-over-month. This uptick is partially attributed to President Trump's tariffs, which are beginning to impact prices for everyday goods
 
15th post
Yes and no. Some tariffs are absorbed by the tariffed country, some tariffs are absorbed by the manufacturer or seller, and some are passed on in higher prices.

But no one pays these higher prices unless they agree to them. If something is too expensive, I shop elsewhere. NOT buying tariffed goods makes the tariff more effective.

But then, I tend not to buy stuff from foreign countries that need tariffing in order to come into compliant fair trade.
That's what other countries are doing. Shopping for other trade partners. Japan and China hate each other but Japan hates Trump's trade policies more so they have met to discuss more trade among each other and less with us.
 
Yes and no. Some tariffs are absorbed by the tariffed country, some tariffs are absorbed by the manufacturer or seller, and some are passed on in higher prices.

But no one pays these higher prices unless they agree to them. If something is too expensive, I shop elsewhere. NOT buying tariffed goods makes the tariff more effective.

But then, I tend not to buy stuff from foreign countries that need tariffing in order to come into compliant fair trade.
Remember this the next time you say raising the minimum wage or paying workers more will just raise the price of the product. Or taxing a company will just raise the price. Remember what you said. Yes and no. Some of it the company will absorb. Maybe the CEO doesn't get such a big bonus this year.
 
inflation is at a 4 yr low ..

No, the current US inflation rate is not at a four-year low.

In April 2025, the annual inflation rate did reach a four-year low of 2.3%. However, the latest data released on July 15, 2025, for June 2025, indicates that the annual inflation rate has since risen to 2.7%. This increase is the highest annual rate since February 2025.

Therefore, while inflation was recently at a four-year low in April, it has since increased and is not currently at that low point.

The Consumer Price Index (CPI) rose 2.7% year-over-year, the highest level since February, and a 0.3% increase month-over-month. This uptick is partially attributed to President Trump's tariffs, which are beginning to impact prices for everyday goods
 
Yes, inflation in the US did increase in June. The Consumer Price Index (CPI) rose 2.7% year-over-year, the highest level since February, and a 0.3% increase month-over-month. This uptick is partially attributed to President Trump's tariffs, which are beginning to impact prices for everyday goods

So you don't answer in the other thread, but come at me in this old one.........whateverrr

But I'm wondering where you got the data for that since you didn't provide a link that information............cause that's not what I find here.......

 
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