The Cost of Tariffs

[Robert W]

This is but one example. There are many

Wanna buy a machine to grind knife edges? Only two companies in the world make them. Both German . Both being tariffed.

Need high quality steel? Pay that 50% tariff

And for what?

'Buy American' Knife Maker Gets Harsh Reality Check On Trump's Tariffs

Josh Smith, founder and president of Montana Knife Company, was a hardcore Trump supporter, but now he's having doubts.

crooksandliars.com

I own the best German knife sharpener, and prices fell about $100 since I bought mine.

https://www.amazon.com/s?k=electric...d-dpltr-ranker_ci_hl-bn-left_1_14&tag=usmb-20

 

[Lesh]

I own the best German knife sharpener, and prices fell about $100 since I bought mine.

Amazon.com : electric knife sharpener

Sure

 

[struth]

Sure

Well you thought there were only two companies in the world that made them, so nobody expects you to think

 

[BluesLegend]

This is but one example. There are many

Wanna buy a machine to grind knife edges? Only two companies in the world make them. Both German . Both being tariffed.

Need high quality steel? Pay that 50% tariff

And for what?

'Buy American' Knife Maker Gets Harsh Reality Check On Trump's Tariffs

Josh Smith, founder and president of Montana Knife Company, was a hardcore Trump supporter, but now he's having doubts.

crooksandliars.com

It's true I hope the tariffs cost Democrats and arm and a leg and makes them suffer.

 

[Lesh]

Well you thought there were only two companies in the world that made them, so nobody expects you to think

Did I think that? Quote ME saying that.

Not some MAGA dude

 

[berg80]

Experts Say Foreign Governments Are ‘Playing Trump’ on Tariffs​

President Donald Trump on Thursday night signed an executive order applying blanket tariffs to scores of countries. In announcing tariffs ranging from 10% to 41% levied against around 70 countries, Trump began a new chapter in a volatile, months-long saga that reached a fever pitch over the last couple weeks, during which he also announced hundreds of billions of dollars worth of so-called trade deals with the United Kingdom, Japan, Indonesia, the European Union, and South Korea, among others.

The unprecedented process has restructured how the U.S. does global trade. But it’s what Trump hasn’t been able to do which reveals the cracks in his economic agenda.

Large parts of Trump’s so-called trade agreements amount to nothing, economists and foreign trade experts told TPM. The more than $1 trillion in foreign investments the White House has touted have quickly revealed themselves to be aspirational apparitions at best, and expensive vehicles for increasing the ballooning federal debt at worse. Trump’s whims and the volatility they create means companies can’t securely take the chance to bring production back to the U.S. — the stated reason for imposing such heavy tariffs in the first place. And these agreements are only frameworks with non-binding language. Much of what nations are agreeing to is merely keeping conversations open.

Experts Say Foreign Governments Are ‘Playing Trump’ on Tariffs

President Donald Trump on Thursday night signed an executive order applying blanket...

talkingpointsmemo.com

Dotard strikes again.

 

[schmidlap]

In another senseless, petty move, Trump has hit Brazil with a 50% tariff, even though the U.S enjoys a trade surplus with Brazil.

Americans pay the price for the degenerate's irrational self-indulgence.

Coffee prices to spike as Brazil faces 50% tariffs under Trump​

 

[Mac1958]

Sure

In another senseless, petty move, Trump has hit Brazil with a 50% tariff, even though the U.S enjoys a trade surplus with Brazil.

Americans pay the price for the degenerate's irrational self-indulgence.

Coffee prices to spike as Brazil faces 50% tariffs under Trump​

 

[schmidlap]

Boston was the "cradle of liberty," and that spirit endures as the capital of the best-educated state in the union's fierce opposition to tyrannical Trumpery. As a center of higher education, and medical and scientific research, it may have the responsibility of rallying patriotic Americans.

Arabica in the harbor!

 

[Mac1958]

Boston was the "cradle of liberty," and that spirit endures as the capital of the best-educated state in the union's fierce opposition to tyrannical Trumpery. As a center of higher education, and medical and scientific research, it may have the responsibility of rallying patriotic Americans.

Arabica in the harbor!

Ironically, in another thread and on another topic, I pointed out that this country's knowledge of history is poor.

So now we're learning, if we didn't already know, how dangerous that can be.

 

[schmidlap]

Trump's tariff-driven inflation is only beginning.

The only question is, "Who will the lying, moral coward blame?"

US companies have so far absorbed most of the costs of Trump’s tariffs, but the burden is increasingly going to shift to consumers, according to research by Goldman Sachs.​

​

Consumers in the US have absorbed an estimated 22% of tariff costs through June, but their share will rise to 67% if recent tariffs follow the pattern of previous levies...​

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MSN

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[Oddball]

This is but one example. There are many

Wanna buy a machine to grind knife edges? Only two companies in the world make them. Both German . Both being tariffed.

Need high quality steel? Pay that 50% tariff

And for what?

'Buy American' Knife Maker Gets Harsh Reality Check On Trump's Tariffs

Josh Smith, founder and president of Montana Knife Company, was a hardcore Trump supporter, but now he's having doubts.

crooksandliars.com

Why the hell do you care?...According to you moonbats, raising taxes is the answer to everything.

 

[Oddball]

Boston was the "cradle of liberty," and that spirit endures as the capital of the best-educated state in the union's fierce opposition to tyrannical Trumpery. As a center of higher education, and medical and scientific research, it may have the responsibility of rallying patriotic Americans.

Arabica in the harbor!

"Best educated" means nothing more than "most credentialed" know-nothing nose pickers ever to infest the planet.