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How hard is inflation going to hit, or has hit?

Mikel said:
The list of goods becoming cheaper after they are taxed by the government, is very, very short. A very round number, actually.

All tariffs do is protect selected businesses at the expense of everyone else.
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I'm generally on board with Trump's plans overall, but this tarrif issue is one of the main issues I am very skeptical of from his administration. It has a very high likelihood of driving higher inflation and fuck that.
 
Slander said:
I'm generally on board with Trump's plans overall, but this tarrif issue is one of the main issues I am very skeptical of from his administration. It has a very high likelihood of driving higher inflation and fuck that.
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If tariffs are a temporary tool to bring down trade barriers, or to make Mexico behave when it comes to border enforcement, I'm OK with that.

But tariffs that are meant to be permanent... We will all pay those tariffs. Same as any other type of tax.
 
Slander said:
I'm generally on board with Trump's plans overall, but this tarrif issue is one of the main issues I am very skeptical of from his administration. It has a very high likelihood of driving higher inflation and fuck that.
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Well, I guess we can sit here, call each other retards :flipoff2: and argue about it or, wait and see what happens because you nor I are going to change what is about to happen. The best we can do is prepare for the worst and hope for the best.

If it fails, I'll take my share of voting for it.
 
Thumping said:
Well, I guess we can sit here, call each other retards :flipoff2: and argue about it or, wait and see what happens because you nor I are going to change what is about to happen. The best we can do is prepare for the worst and hope for the best.

If it fails, I'll take my share of voting for it.
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Yes, prepare for higher prices. That's the entire point of the conversation. You WILL pay 25%-100% more for products depending on which hair-brained scheme he decides to implement.
 
ApeEater said:
Yes, prepare for higher prices. That's the entire point of the conversation. You WILL pay 25%-100% more for products depending on which hair-brained scheme he decides to implement.
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I guess the only thing for certain is, we'll see.
 
Word I heard was the impact from the tariff on pricing was it wont be felt for 4-6 months after implementation. Further it creates a moral dilemma for the corporations affected.

Do they absorb the costs if they use tariffed goods and accept the loss of profit with a resultant drop in profits and dividends along with the ramifications from said decision for the Board and CEO?

Do they pass the cost on to the consumer with the resultant price increases and blame it on the Presidential admin for doing it with the resultant negative vote in 2026 off year legislative elections?
 
ApeEater said:
Yes, prepare for higher prices. That's the entire point of the conversation. You WILL pay 25%-100% more for products depending on which hair-brained scheme he decides to implement.
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As Charlie Kirk pointed out, you want to know how companies avoid tarrifs? Build the shit in America. The dems want to tax the fuck out of corporations which just gets passed on to the consumer all the same.
 
ApeEater said:
Yes, prepare for higher prices. That's the entire point of the conversation. You WILL pay 25%-100% more for products depending on which hair-brained scheme he decides to implement.
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Based on what, specifically? A lot of people spout out about this but back it up only with "because I said so."

One of the most prosperous times in US history was when the Fed gov't was funded by tariffs, not income taxes.
 
rockota said:
Based on what, specifically? A lot of people spout out about this but back it up only with "because I said so."

One of the most prosperous times in US history was when the Fed gov't was funded by tariffs, not income taxes.
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Haven't you heard? According to the "experts" the sky is falling.
 
DVanVorous said:
Word I heard was the impact from the tariff on pricing was it wont be felt for 4-6 months after implementation. Further it creates a moral dilemma for the corporations affected.

Do they absorb the costs if they use tariffed goods and accept the loss of profit with a resultant drop in profits and dividends along with the ramifications from said decision for the Board and CEO?

Do they pass the cost on to the consumer with the resultant price increases and blame it on the Presidential admin for doing it with the resultant negative vote in 2026 off year legislative elections?
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Zero chances that prices won't be passed on. They were last time. It took a year or so for those prices to make it to the consumer level, as manufacturers, importers, and retailers tried to use political pressures to get the tariffs removed.
budget76 said:
not a chance in hell any companies eat the profit loss
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bingo
Animalmother said:
As Charlie Kirk pointed out, you want to know how companies avoid tarrifs? Build the shit in America.
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That's not how it works. Even if a factory opened today and could miraculously produce products as cheap as China's, you would STILL be paying more because those companies would set their prices just below the import price.

In the absolute best-case scenario, consumers pay 5% less than the tariff price.
Animalmother said:
The dems want to tax the fuck out of corporations which just gets passed on to the consumer all the same.
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Tariffs ARE taxes on corporations. You're allowed to be against taxes of all forms.
 
Thumping said:
Haven't you heard? According to the "experts" the sky is falling.
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Yet some reports (with "experts") claim it's not as big of a deal as people like Ape are claiming... But Ape knows better...
 
rockota said:
But that's exactly what Ape is arguing they did last time... :flipoff2:
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Yes, temporarily, as they tried to exert political pressure to have the tariffs removed or to get special exemptions for their specific products (it's a thing).
 
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ApeEater said:
That's not how it works. Even if a factory opened today and could miraculously produce products as cheap as China's, you would STILL be paying more because those companies would set their prices just below the import price.

In the absolute best-case scenario, consumers pay 5% less than the tariff price.
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Well thats a compleatly obviouse side to things I hadnt considered.:homer:
 
rockota said:
But that's exactly what Ape is arguing they did last time... :flipoff2:
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Shouldn't you be dodging that leaning tree vs teasing Ape:flipoff2:

Of course the costs will be passed onto the general public, even birds know this.

God forbid it goes the other way, it will elicit whining respone very similar to Robin Hood trading when Reddit group ate their lunch...
 
rockota said:
Based on what, specifically? A lot of people spout out about this but back it up only with "because I said so."
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Because it happened the last time? You just didn't notice it due to the delays I mentioned before and inflation from COVID policies. Do you recall all of the Supply Chain issues that came with the pandemic? Many of those started being an issue from the tariffs, because lead times in Vietnam and other AsiaPAC countries were 180+ days instead of 60-90 days. Covid policies exacerbated those supply chain issues.
 
MuntCuffin said:
Then middle class Mike and Sarah the secretary, and tom the trucker are getting laid off.

This aint gonna hurt who you want it to hurt.
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Gonna sound coldhearted.

If we expect that no changes will occur in the economy from a new policy, then no change to the economy will happen with the policy change. If you want substantial positive change made, some existing positions will be eliminated and others will be created. Yeah, some people will pass through the unemployment zone during the transition time. If that is to be avoided at all costs, then the applied changes will be small or so ineffective as to not be a change. Change often sucks, but is necessary to make lasting improvement.

For 30 years plus we have been enjoying cheap products from china and have built a healthy import and transport system related to that. If we move to reduce trade imbalance and encourage domestic production, that vast import/transport system will change along with it. Has to. We cant build more of the stuff we need domestically and still need all that import infrastructure.

Too big to fail is bullshit. Chevy should have imploded and resulted in a series of smaller, smarter car makers along with a bunch of banks, investment companies and other poorly structured/managed enterprises that the government propped up over time.
 
ApeEater said:
Because it happened the last time? You just didn't notice it due to the delays I mentioned before and inflation from COVID policies. Do you recall all of the Supply Chain issues that came with the pandemic? Many of those started being an issue from the tariffs, because lead times in Vietnam and other AsiaPAC countries were 180+ days instead of 60-90 days. Covid policies exacerbated those supply chain issues.
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The company I worked for is 100% American made, down to the steel they use for their molds, (PVC fittings, valves, pipe, etc.). And the owner, (who is now dead), owned everything, the warehouses, the mfg locations, the land under them, on and on, and would buy raw materials by the trainload, not traincar load, but a full trainload, so when the supply chain got all fucked up, our competitors were running out of product so they raised their prices to try and keep gross income up, so of course we raised our prices right along with them, shit, from 2020 - 2022 we raised our MSRP's 65% through a series of 5 and 7% increases, it was mayhem. So I had distributors on the regular wanting me to open them up, when they had been buying a competitors products for years. "Sorry bro, can't add you as a distributor we have to take care of our established customer base."

Then you started to see Chinese companies buying up American operations and calling themselves Lesso USA, when in fact a lot of their product was mfg'd overseas, and of course the profits go back to Taiwan. Or you get PedoJoe giving billions to companies like TSMC to make chips here, one of the most profitable companies in the world needs to be bribed to mfg here, this one really pisses me off.
 
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