More TARIFFS

48,711 Views | 776 Replies | Last: 22 hrs ago by movielover
sycasey
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Always assume that whatever narrative comes out of the Trump administration is highly exaggerated to make themselves look good.

Probably you can assume this for most governments too, but especially this crew.
movielover
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If there are funds ready to go, I don't see the harm. Sounds like semantics. If there's $500B or $600B ready to go, it creates more options when he wants to spur development like bringing drug manufacturing here.
DiabloWags
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Trumpanzees are terribly gullible.



Japan expects only 1% to 2% of $550 billion U.S. fund to be investment - The Japan Times
cal83dls79
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movielover said:

If there are funds ready to go, I don't see the harm. Sounds like semantics. If there's $500B or $600B ready to go, it creates more options when he wants to spur development like bringing drug manufacturing here.
please take a course in finance and investments …you just took a big hit in that investment amount…..and not understanding the difference between a loan and equity and what a capital stack looks and then like a puppy dog asking "well hey? It's like money to spend, right? Right?" Awful dude
Priest of the Patty Hearst Shrine
DiabloWags
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cal83dls79 said:

movielover said:

If there are funds ready to go, I don't see the harm. Sounds like semantics. If there's $500B or $600B ready to go, it creates more options when he wants to spur development like bringing drug manufacturing here.

please take a course in finance and investments …you just took a big hit in that investment amount…..and not understanding the difference between a loan and equity and what a capital stack looks and then like a puppy dog asking "well hey? It's like money to spend, right? Right?" Awful dude


As you point out, it's terribly sad how financially "illiterate" the usual suspects are here in OT.
On both sides of the "aisle".

DiabloWags
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Will Trump TACO?

August 12th is coming soon!

bear2034
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DiabloWags
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movielover said:

Plus $750 Billion in energy sales; $250 B in year 2, 3, and 4, my sources tell me.

Pharma undecided.

The Marshall Plan is finally dead?!!


Pure FANTASY.

Thats more than DOUBLE the amount of American energy that the EU did last year.

Did your "sources" also tell you how the U.S. would divert all energy trade to the EU to achieve this?

Even if the EU were to buy the entirety if U.S. crude and LNG exports, the annual value of its purchases would only total about $140 Billion.

Did your "sources" also tell you that this plan is NOT LEGALLY BINDING?

How gullible are you?


concordtom
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BearNIt said:

concordtom said:

BearNIt said:

concordtom said:

tequila4kapp said:

Well, it appears there's a good bit of grumbling in Europe that the EU got rolled by Trump.


I read one tix bit which predicted a knock on eu gdp by .5%

It appears that the EU has announced that the don't have the power to proceed with the $600 billion investment in the U.S.. This is looking like Foxcom more and more. The only thing missing is the hard hats and the golden shovels. I am shocked.



Yeah, they should just keep recutting their own deal, the way Trump always does.



First the EU and now Japan. The Big Cheeto looks like an idiot and liar.

I heard a brief bit a week or 2 ago where he laughed and said something like "well, that's what you do - you come out with a really high number and then negotiate back to something you wanted in the first place."

A (kamikaze) pilot that is truly willing to die has more negotiating power than one who is hoping to just drop bombs and fly home.
With Trump, he crashes the nation, Atlantic City, bond holders, fellow politicians. He's reckless, untrustworthy, dangerous….

I guess MAGA people like that because they think it's all the other people who are going to get F'd.

Poor people who are going to pay more for tariffs, loss of Medicare, and whatever else he cuts (their jobs) are too stupid to get what's going on. All they see is "deport those Mexicans, kick Europe's ass, wipe out all red tape - anarchy, no government!"

We try to tell them, but it does no good.

….And, oh, by the way, Cal is going to have another losing season this year.

Go Bears, runs thick in the veins.
concordtom
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sycasey said:

Always assume that whatever narrative comes out of the Trump administration is highly exaggerated to TRY TO make themselves look good.

Probably you can assume this for most governments too, but especially this crew.


Sorry, you had a typo.
movielover
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BearNIt
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movielover said:





The consumer still gets taxed. Who do you think is going to pay the increase in price for goods? The importer is going to pass that cost onto the consumer as small businesses can't afford to eat the additional cost and stay in business. Larger businesses will for a short time try to bear the cost but the increase in cost brought on by the tariffs will affect profit and capital expenditures as they will have less money at their disposal. This will ultimately affect stock holders who demand profitability. Let's see what happens during November, December, and January before beating our chest as already the trade deals announce regarding the EU and Japan have indicated that the supposed investments in the U.S. look like Foxconn, alll hat and no cattle.
bear2034
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movielover said:

Pelosi worth $200 million?

DiabloWags
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MovieMan's Pom Poms are out in full force.

Keeps talking about how much the Treasury Dept is raking in, but fails to understand that the U.S. Consumer is getting screwed.

Golden Age my a$$.

Its safe to say he never took Econ. 1
movielover
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You ignore that the UniParty is a bird w two wings, and they both spend like drunken sailors on crack. It's also safe to say you're a Progeessive idealogue hooked on name calling.

Bring on more DOGE wasteful spending cuts and more rescission bills. Pronto.
bear2034
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BearNIt
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bear2034 said:



Who pays the increased cost again?

Oh yes, it's the freakin U.S. consumer that pays the increased cost.
movielover
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Speculation. Some countries / suppliers eating the cost.
DiabloWags
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movielover said:

Speculation. Some countries / suppliers eating the cost.


Yes.
Pure speculation on your part.
BearNIt
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movielover said:

Speculation. Some countries / suppliers eating the cost.

Proctor Gamble announced price hikes this morning. Inflation is starting to pick up. Ground beef prices are up by 12% and steaks are up 8%. Grocery prices are expected to increase this year. Key word is "some", yes there are some suppliers who are eating the cost, the rest are passing on the increases to the consumer who will pay more for the same items. I agree gas is down but what else is lower and what is going to increase as inventories are depleted over time. The so called tariff money being collected by this administration is going to who? Small businesses won't be able to tolerate the increased cost and big businesses will have their profits and capital expenditures affected as they will have less money at their disposal. If stock holders don't see profits then do they still invest?
DiabloWags
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BearNIt said:

movielover said:

Speculation. Some countries / suppliers eating the cost.

Proctor Gamble announced price hikes this morning. Inflation is starting to pick up. Ground beef prices are up by 12% and steaks are up 8%. Grocery prices are expected to increase this year. Key word is "some", yes there are some suppliers who are eating the cost, the rest are passing on the increases to the consumer who will pay more for the same items. I agree gas is down but what else is lower and what is going to increase as inventories are depleted over time. The so called tariff money being collected by this administration is going to who? Small businesses won't be able to tolerate the increased cost and big businesses will have their profits and capital expenditures affected as they will have less money at their disposal. If stock holders don't see profits then do they still invest?


All of this adds up to the labor market weakening (via layoffs) and it increases the possibility of STAGFLATION.

MovieLover repeatedly cheerleads the amount of money coming in from tariffs.
But it's going nowhere else but back into an account at the Treasury Dept.
It's not going back into the economy.
It's nothing but a tax.

It isn't helping businesses expand and hire more people.
In fact, it's doing the opposite.

Just ask Ford Motor Company.
They are gonna be taking a $2 Billion dollar hit from tariffs.




BearNIt
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DiabloWags said:

BearNIt said:

movielover said:

Speculation. Some countries / suppliers eating the cost.

Proctor Gamble announced price hikes this morning. Inflation is starting to pick up. Ground beef prices are up by 12% and steaks are up 8%. Grocery prices are expected to increase this year. Key word is "some", yes there are some suppliers who are eating the cost, the rest are passing on the increases to the consumer who will pay more for the same items. I agree gas is down but what else is lower and what is going to increase as inventories are depleted over time. The so called tariff money being collected by this administration is going to who? Small businesses won't be able to tolerate the increased cost and big businesses will have their profits and capital expenditures affected as they will have less money at their disposal. If stock holders don't see profits then do they still invest?


All of this adds up to the labor market weakening (via layoffs) and it increases the possibility of STAGFLATION.

MovieLover repeatedly cheerleads the amount of money coming in from tariffs.
But it's going nowhere else but back into an account at the Treasury Dept.
It's not going back into the economy.
It's nothing but a tax.

It isn't helping businesses expand and hire more people.
In fact, it's doing the opposite.

Just ask Ford Motor Company.
They are gonna be taking a $2 Billion dollar hit from tariffs.






Just saw this. Ford will take a $2 Billion dollar charge due to tariffs. My question is how long will Ford continue to eat the tariff cost, eventually this is unsustainable and they will have to raise prices causing fewer units to the sold.

There is a court case today that involves a wine importer who is suing the administration due to tariffs. The argument is that Trump does not have the legal right to impose tariffs, that is the sole concern of Congress.
DiabloWags
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BearNIt said:


There is a court case today that involves a wine importer who is suing the administration due to tariffs. The argument is that Trump does not have the legal right to impose tariffs, that is the sole concern of Congress.

His tariffs are all based on Section 232 of the Trade Expansion Act of 1962.

This Act gives him the authority to impose tariffs if it is determined that these imports threaten to impair national security.

It's not clear to me how toys from China or wine from France threatens National Security.

What Are Section 232 Tariffs and How Do They Work? - Accounting Insights

BearNIt
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DiabloWags said:

BearNIt said:


There is a court case today that involves a wine importer who is suing the administration due to tariffs. The argument is that Trump does not have the legal right to impose tariffs, that is the sole concern of Congress.

His tariffs are all based on Section 232 of the Trade Expansion Act of 1962.

This Act gives him the authority to impose tariffs if it is determined that these imports threaten to impair national security.

It's not clear to me how toys from China or wine from France threatens National Security.

What Are Section 232 Tariffs and How Do They Work? - Accounting Insights



That's the question, is there a threat to our National Security? I would say "No" given the kicking the can down the road for multiple 90 day periods again and again. The courts will have to make that call.
sycasey
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BearNIt said:

DiabloWags said:

BearNIt said:


There is a court case today that involves a wine importer who is suing the administration due to tariffs. The argument is that Trump does not have the legal right to impose tariffs, that is the sole concern of Congress.

His tariffs are all based on Section 232 of the Trade Expansion Act of 1962.

This Act gives him the authority to impose tariffs if it is determined that these imports threaten to impair national security.

It's not clear to me how toys from China or wine from France threatens National Security.

What Are Section 232 Tariffs and How Do They Work? - Accounting Insights



That's the question, is there a threat to our National Security? I would say "No" given the kicking the can down the road for multiple 90 day periods again and again. The courts will have to make that call.

It does seem hard to make an argument that any of these tariffs actually qualify as an immediate national-security matter.
movielover
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- Fifty percent new tariff being applied to copper
- Mexico to open up her markets
DiabloWags
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movielover said:

- Fifty percent new tariff being applied to copper
- Mexico to open up her markets



THE ORANGE CRAP STAIN that is Donald Chump thinks that imposing a 50% tariff on copper makes sense when it takes 29 years for a copper mine in the U.S. to go online.

CHUMP might want to review the permitting process instead of imposing unnecessary tariffs that are nothing but a TAX on the consumer.

CHUMP IS DUMB AS ****.


New Report Finds, Compared with Global Competitors, U.S. Has Abysmal Record in Process to Bring Mines Online - National Mining Association
DiabloWags
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DONALD CHUMP TACOS ON MEXICO.

Shocker.
DiabloWags
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35% tariffs on our good friends to the North.

Still keeps USMCA.
movielover
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USMCA was used to do away w NAFTA. USMCA will soon expire into two separate deals.

DiabloWags
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So STUPID.

CHUMP doesnt know what the word reciprocal means.

Switzerland has NO TARIFFS on industrial goods.
Zero.

BearNIt
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Happy Price Increase Day.
DiabloWags
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Basically, a new minimum tariff rate of 15% worldwide for any country that has a trade surplus with the U.S.
Starts August 7th.

These are the highest rates since 1933 and the Smoot-Hawley era.

How can Corporate America and their CEO's run their companies in this chaotic environment?

Answer: They Can't

Bloomberg Tariff Tracker:

Free Link

https://www.bloomberg.com/graphics/trump-tariffs-tracker/?accessToken=eyJhbGciOiJIUzI1NiIsInR5cCI6IkpXVCJ9.eyJzb3VyY2UiOiJTdWJzY3JpYmVyR2lmdGVkQXJ0aWNsZSIsImlhdCI6MTc1NDA1ODA2NiwiZXhwIjoxNzU0NjYyODY2LCJhcnRpY2xlSWQiOiJTVEdKOTVEV0xVNjgwMCIsImJjb25uZWN0SWQiOiI0QTE0NjgyRTVEQjI0RDgyOEVGOTIxMzA1M0U4NzhDMiJ9.sWTVi_opXHUA5CWMsvPVvL3308MMRBDeHsIVtMauO7o

Threatened Tariffs:

1.) Semiconductors
2.) Pharmaceuticals
3.) Timber & Lumber
4.) Minerals

5.) Commercial Aircraft & Jet Engines 25% assumed worldwide








movielover
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movielover
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