Hold onto your butts: Tariffs are about to Kick in

[Zincwarrior]

I hope you bought everything you needed. The shitstorm is about to hit.

Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion | CNN Business

The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at 12:01 a.m. ET on July 9 is anyone’s best guess.

amp.cnn.com

Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion​

By Elisabeth Buchwald, CNN
Published 4:00 AM EDT, Sun July 6, 2025

Alex Wong/Getty Images
Charts that show America's “reciprocal tariffs” on display in the press briefing room at the White House on April 2 in Washington, DC.
CNN —
The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at 12:01 a.m. ET on July 9 is anyone’s best guess.

The stakes could not be higher, with the entire global economy on notice.

On April 2, a date Trump dubbed “Liberation Day,” he unveiled new, “reciprocal” tariff rates for key US trading partners, with some levies as high as 50%. Collectively, the rates were the highest the US has charged on foreign goods in over a century. Economists quickly sounded alarms about a recession hitting not just certain countries, but rather the whole world.

 

[Dekster]

So we are about to have TACO Tuesday.....

 

[Cellblock2429]

I hope you bought everything you needed. The shitstorm is about to hit.

Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion | CNN Business

The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at 12:01 a.m. ET on July 9 is anyone’s best guess.

amp.cnn.com

Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion​

By Elisabeth Buchwald, CNN
Published 4:00 AM EDT, Sun July 6, 2025

Alex Wong/Getty Images
Charts that show America's “reciprocal tariffs” on display in the press briefing room at the White House on April 2 in Washington, DC.
CNN —
The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at 12:01 a.m. ET on July 9 is anyone’s best guess.

The stakes could not be higher, with the entire global economy on notice.

On April 2, a date Trump dubbed “Liberation Day,” he unveiled new, “reciprocal” tariff rates for key US trading partners, with some levies as high as 50%. Collectively, the rates were the highest the US has charged on foreign goods in over a century. Economists quickly sounded alarms about a recession hitting not just certain countries, but rather the whole world.

/—-/ Good. It’s about time. No more delays.

 

[Zincwarrior]

So we are about to have TACO Tuesday.....

Mmm tacos...

 

[progressive hunter]

So we are about to have TACO Tuesday.....

win lose or draw its going to be better than anything kamala would give us,,

 

[Woodznutz]

I don't buy enough stuff to be bothered by it.

 

[BothWings]

 

[1srelluc]

I hope you bought everything you needed. The shitstorm is about to hit.

Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion | CNN Business

The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at 12:01 a.m. ET on July 9 is anyone’s best guess.

amp.cnn.com

Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion​

By Elisabeth Buchwald, CNN
Published 4:00 AM EDT, Sun July 6, 2025

Alex Wong/Getty Images
Charts that show America's “reciprocal tariffs” on display in the press briefing room at the White House on April 2 in Washington, DC.
CNN —
The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at 12:01 a.m. ET on July 9 is anyone’s best guess.

The stakes could not be higher, with the entire global economy on notice.

On April 2, a date Trump dubbed “Liberation Day,” he unveiled new, “reciprocal” tariff rates for key US trading partners, with some levies as high as 50%. Collectively, the rates were the highest the US has charged on foreign goods in over a century. Economists quickly sounded alarms about a recession hitting not just certain countries, but rather the whole world.

Wait, are you predicting another "Market Crash Monday (TM)"?

 

[Meathead]

I hope you bought everything you needed. The shitstorm is about to hit.

Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion | CNN Business

The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at 12:01 a.m. ET on July 9 is anyone’s best guess.

amp.cnn.com

Trump’s ‘reciprocal’ tariff pause is about to expire. Cue the confusion​

By Elisabeth Buchwald, CNN
Published 4:00 AM EDT, Sun July 6, 2025

Alex Wong/Getty Images
Charts that show America's “reciprocal tariffs” on display in the press briefing room at the White House on April 2 in Washington, DC.
CNN —
The 90-day deadline President Donald Trump set for countries to make trade deals with the United States or risk substantially higher tariffs is just days away. What will happen after that’s reached at 12:01 a.m. ET on July 9 is anyone’s best guess.

The stakes could not be higher, with the entire global economy on notice.

On April 2, a date Trump dubbed “Liberation Day,” he unveiled new, “reciprocal” tariff rates for key US trading partners, with some levies as high as 50%. Collectively, the rates were the highest the US has charged on foreign goods in over a century. Economists quickly sounded alarms about a recession hitting not just certain countries, but rather the whole world.

So what happened to "TACO"?

 

[1srelluc]

So what happened to "TACO"?

Nothing.

TACO!

Trump Always Crushes Opponents!

 

[Meathead]

Nothing.

TACO!

Trump Always Crushes Opponents!

True

 

[JustAnotherNut]

I could have sworn those pesky tariffs kicked in a few months ago........that's what the media, left and retailers have been saying all along.........or are these new tariffs on top of the other???

 

[task0778]

I could have sworn those pesky tariffs kicked in a few months ago........that's what the media, left and retailers have been saying all along.........or are these new tariffs on top of the other???

Frankly, I can't keep track of it all anymore. Some got reduced, some got delayed, some got increased and some got canceled. All of which is bad for businesses. How can you make good decisions for the future when you don't know what's going to happen next? Answer: you can't. Tariffs are equivalent to taxes, you're going to pay more for the same stuff and that means a lower standard of living and higher inflation. Hasn't happened yet cuz the bulk of the tariffs haven't kicked in yet, but when they do it's going to spell trouble for economic growth.

 

[JustAnotherNut]

Frankly, I can't keep track of it all anymore. Some got reduced, some got delayed, some got increased and some got canceled. All of which is bad for businesses. How can you make good decisions for the future when you don't know what's going to happen next? Answer: you can't. Tariffs are equivalent to taxes, you're going to pay more for the same stuff and that means a lower standard of living and higher inflation. Hasn't happened yet cuz the bulk of the tariffs haven't kicked in yet, but when they do it's going to spell trouble for economic growth.

IDK, maybe..........but I was being sarcastic.........just because of the media hype and retailers ALREADY raising prices ever since Trump announced it months ago. And as soon as the tariffs do kick in, retailers will raise prices even more

 

[initforme]

People i know are getting shipping bills from ups and fed ex now. Products are from overseas. Are these tariffs?

 

[task0778]

IDK, maybe..........but I was being sarcastic.........just because of the media hype and retailers ALREADY raising prices ever since Trump announced it months ago. And as soon as the tariffs do kick in, retailers will raise prices even more

If Trump's tariffs do go into full effect and last awhile, it could mean some shortages on some things. Maybe some of the same things like TP, or some different stuff. Might not be right away, maybe not even at all.

 

[JustAnotherNut]

If Trump's tariffs do go into full effect and last awhile, it could mean some shortages on some things. Maybe some of the same things like TP, or some different stuff. Might not be right away, maybe not even at all.

IDK, we'll see how it all unfolds. But for now, I'm not going to worry too much about it. Not until there is actually something to worry about. There is too much fear mongering going on.

 

[task0778]

IDK, we'll see how it all unfolds. But for now, I'm not going to worry too much about it. Not until there is actually something to worry about. There is too much fear mongering going on.

Yeah, I get that and I don't want to be part of that problem. But OTOH, I don't want to run short on non-perishables either if I can help it.

 

[IM2]

win lose or draw its going to be better than anything kamala would give us,,

No it would not because Harris was part of the team that created the record economy Trump is destroying.

 

[JustAnotherNut]

Yeah, I get that and I don't want to be part of that problem. But OTOH, I don't want to run short on non-perishables either if I can help it.

Then you should have been stocking up all along and/or figuring out how to work around any potential shortage