Trump just increased the cost of every imported car by 25%

Only one of us is in big business. The other posts from his basement. I can assure you that companies were not being restricted from success by the government until recently. We sit around talking about other competitors, not the government. Company profits are historic highs right now. So was the stock market until Trump crashed it with Tariffs. You know what we are talking about right now? TARIFFS. How do we pass on the price increases to our customers. That's what we are talking about in big business.
I sure hope you're not in business, because if you are I don't think you're going to own a business, because your education in economics is suspect. Also let me know when you make your first billion.

Somebody told you tariffs are the Devil because socialist countries have been using them against the USA since WWII. All of the sudden you think tariffs are bad.

And anyone with half a brain knows that overhead controls everything in business. Being in a tax-friendly state or country decreases overhead. Not to mention wages. Your employees make up roughly 30% of your costs, and if the government is forcing you to pay for medical and benefits as well as forcing you to have to pay higher wages, you either have to cut jobs, raise prices for your goods and services, or move to another state or country. This is one of the reasons CA is losing people. Thanks to socialism most people can't afford to live there anymore.
 
I sure hope you're not in business, because if you are I don't think you're going to own a business, because your education in economics is suspect. Also let me know when you make your first billion.

Somebody told you tariffs are the Devil because socialist countries have been using them against the USA since WWII. All of the sudden you think tariffs are bad.

And anyone with half a brain knows that overhead controls everything in business. Being in a tax-friendly state or country decreases overhead. Not to mention wages. Your employees make up roughly 30% of your costs, and if the government is forcing you to pay for medical and benefits as well as forcing you to have to pay higher wages, you either have to cut jobs, raise prices for your goods and services, or move to another state or country. This is one of the reasons CA is losing people. Thanks to socialism most people can't afford to live there anymore.
We import about a third of our business which is over $1B in materials and about $250M from affected countries. So far I have purchase orders that are going up by about $20M. We only have POs out for maybe a little over half the year. Looking at passing on $40M to our customers. If we bought domestically for everything prices would be double so $250M would be $500M. Tariffs do nothing but tax customers.

And I have a BA in economics from UF and a masters from Michigan.
 
We import about a third of our business which is over $1B in materials and about $250M from affected countries. So far I have purchase orders that are going up by about $20M. We only have POs out for maybe a little over half the year. Looking at passing on $40M to our customers. If we bought domestically for everything prices would be double so $250M would be $500M. Tariffs do nothing but tax customers.

And I have a BA in economics from UF and a masters from Michigan.
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Sure ya do, punkin'.





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We import about a third of our business which is over $1B in materials and about $250M from affected countries. So far I have purchase orders that are going up by about $20M. We only have POs out for maybe a little over half the year. Looking at passing on $40M to our customers. If we bought domestically for everything prices would be double so $250M would be $500M. Tariffs do nothing but tax customers.

And I have a BA in economics from UF and a masters from Michigan.
Yet you didn't learn Jack Squat.

Tariffs raise the costs of imported goods. It provides incentives to make your own products using your own labor.
But you can thank Biden and Obama for putting most of our natural resources off-limits so we have to buy minerals and precious metals from foreign countries including China and Canada, that put massive tariffs on their products.
And another reason for the extra expense is taxes that government puts on any goods and services. The fact that inflation has raised the costs of everything. The devaluation of the dollar that makes anything you buy cost more.
 
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I just did the pricing, operations, and P&L implications of Tariffs this week. Its real.
I'm sure it is. Didn't Trump say it was a temporary hardship that would cause change from our trading partners?
The problem is you dumbfcks constantly are putting Democrats back in power so they can destroy any benefit we get from American-First policies.
The whole time I was in federal service, Democrats would tear everything down, only to have the next Republican have to spend billions fixing the shit that Democrats destroyed. The last American loving Democrat president we had was Jimmy Carter. And even he was a hot mess.
 
I'm sure it is. Didn't Trump say it was a temporary hardship that would cause change from our trading partners?
The problem is you dumbfcks constantly are putting Democrats back in power so they can destroy any benefit we get from American-First policies.
The whole time I was in federal service, Democrats would tear everything down, only to have the next Republican have to spend billions fixing the shit that Democrats destroyed. The last American loving Democrat president we had was Jimmy Carter. And even he was a hot mess.
MAGAexcuses
 
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