Tariffs for Dummies

[CoachKenFTW]

On 11/25/2024 at 5:24 PM, stanfordchef said:

ok hillbilly hank

do u identify as a transracial person lol

Name calling with a libtard like you is much better than TDS sufferers losing it over tariffs. So thanks for changing the subject. 

And I'm sorry maytard hurt you so bad. You should think about going to the clinic, so you can show them where he touched you.

[Sactowndog]

On 11/25/2024 at 5:43 PM, FresnoFacts said:

 

I've been saying for years on this board and elsewhere that too many people were forgetting about the northern border issue. Looks like Trump agrees. Maybe we can finally stop Canada from sending us all of their Hosers.

Trump threw out NAFTA then negotiated USMCA. Looks like now he wants to throw out USMCA.

Since he made that announcement late today we'll see how markets react tomorrow.

Yeah bond prices rose on the assumption the Treasury Secretary would temper Trump’s tariffs then he made that announcement aftermarket.  😂😂

[FresnoFacts]

On 11/25/2024 at 6:14 PM, Sactowndog said:

Yeah bond prices rose on the assumption the Treasury Secretary would temper Trump’s tariffs then he made that announcement aftermarket.  😂😂

Already have heard "oh shit" from a couple of farmers. They were already saying they hoped any deportation/employment record raids only happened in big cities. Now they are remembering that other countries often respond to US tariffs by applying their own tariffs on US ag products.

[retrofade]

On 11/25/2024 at 6:33 PM, FresnoFacts said:

Already have heard "oh shit" from a couple of farmers. They were already saying they hoped any deportation/employment record raids only happened in big cities. Now they are remembering that other countries often respond to US tariffs by applying their own tariffs on US ag products.

https://www.latimes.com/california/story/2024-11-25/are-california-farmers-on-collision-course-with-trump-deportation-plans

[stanfordchef]

On 11/25/2024 at 6:10 PM, CoachKenFTW said:

Name calling with a libtard like you is much better than TDS sufferers losing it over tariffs. So thanks for changing the subject. 

And I'm sorry maytard hurt you so bad. You should think about going to the clinic, so you can show them where he touched you.

What’s today’s special at Burger King, maytard?

[Sactowndog]

On 11/25/2024 at 6:33 PM, FresnoFacts said:

Already have heard "oh shit" from a couple of farmers. They were already saying they hoped any deportation/employment record raids only happened in big cities. Now they are remembering that other countries often respond to US tariffs by applying their own tariffs on US ag products.

Yep I said earlier a Trump Presidency is going to be an economic disaster for the Central Valley.  Between losing key workers and caught in a trade war it is going to be a supply and a demand shock for them.  Anyone with too high fixed costs is toast.  
 

but those fuckers wanted him so I have zero sympathy for them.  

[mysfit]

Tariffs

Trump's way of raising taxes to paper over the giant hole his taxes cuts for the 1% are going to make in the budget

Paid for by the 99%. Y'all fell for it. Again 

[renoskier]

all I want to know...

is my avocado toast going to cost more? 

 

[SharkTanked]

https://www.yahoo.com/news/trump-ups-ante-tariffs-vowing-001501760.html

...

The punishing tariffs, if enacted, could wreak havoc on America’s supply chains and industries reliant on goods from the country’s closest trading partners.

“The measures proposed this evening could hit a number of strategic US industrial sectors hard, add approximately $272 billion a year to tax burdens, raise goods prices, lift interest rates, and sap strength in an already-vulnerable household sector,” said Karl Schamotta, chief market strategist at Corpay Cross-Border Solutions.

...

Tariffs effectively serve as a tax on goods imported to the United States. Although Trump has repeatedly said targeted foreign countries pay the tariffs, they are in fact paid by companies that purchase the imported goods – and those costs are typically passed onto American consumers. Most mainstream economists believe tariffs will be inflationary, and the Peterson Institute for International Economics has estimated Trump’s proposed tariffs would cost the typical US household over $2,600 a year.

...

The problem with tariffs is that they often result in retaliatory actions by targeted countries, kicking off a trade war – and that’s exactly what happened during Trump’s first term. That blunted the tariffs’ effect on domestic manufacturing, because manufacturers’ goods became less attractive to overseas buyers.

 

Trump has promised significantly larger tariffs during his second term. Although he continues to discuss many different numbers, he has proposed a tariff upward of 60% on all Chinese goods, as well as an across-the-board tariff of either 10% or 20% on all other imports into the US.

[CoachKenFTW]

On 11/26/2024 at 9:26 AM, renoskier said:

all I want to know...

is my avocado toast going to cost more? 

 

You avocado toast will cost more short term.  And your fentanyl, cocaine, etc... will get a lot more expensive long term.

[Supersix]

Trump wanted to get the attention of Canada, Mexico, and China with his tariff threats, and it's working.He ain't playing around

https://x.com/bennyjohnson/status/1861446352305033478

[stanfordchef]

On 11/26/2024 at 11:07 AM, CoachKenFTW said:

You avocado toast will cost more short term.  And your fentanyl, cocaine, etc... will get a lot more expensive long term.

Yes maytard bc prohibition is such a panacea. 
 

all his desired crackdowns will do is lead to a domestic production industry for such things. 

[RSF]

On 11/26/2024 at 1:42 PM, Supersix said:

Trump wanted to get the attention of Canada, Mexico, and China with his tariff threats, and it's working.He ain't playing around

https://x.com/bennyjohnson/status/1861446352305033478

I been saying all along it’s Canada we need to worry about. Pretty soon, without us realizing it, we’ll be saying ‘aboot’ and spelling ‘centre’ and ‘neighbour’. Then it’ll be too late

[CoachKenFTW]

On 11/26/2024 at 11:51 AM, stanfordchef said:

Yes maytard bc prohibition is such a panacea. 
 

all his desired crackdowns will do is lead to a domestic production industry for such things. 

A little bird told me you have like 50 alt accounts. Is that true snotfordjoetrojancardinal?

I can see why you're trying to stick your maytard sock to me now. Get a life loser.

[stanfordchef]

On 11/26/2024 at 12:03 PM, CoachKenFTW said:

A little bird told me you have like 50 alt accounts. Is that true snotfordjoetrojancardinal?

I can see why you're trying to stick your maytard sock to me now. Get a life loser.

What’s todays special at Habit Burger maytard?

[RSF]

On 11/26/2024 at 11:26 AM, renoskier said:

all I want to know...

is my avocado toast going to cost more? 

 

Afraid so. Tariffs will drive up the imported avacados, and the domestic ones will go up because there’s no one to harvest them. 
 

Law of Unintended Consequences and all that. 

[smltwnrckr]

On 11/25/2024 at 10:26 PM, Sactowndog said:

Yep I said earlier a Trump Presidency is going to be an economic disaster for the Central Valley.  Between losing key workers and caught in a trade war it is going to be a supply and a demand shock for them.  Anyone with too high fixed costs is toast.  
 

but those fuckers wanted him so I have zero sympathy for them.  

I've put myself in a perfect position to both weather and benefit from this storm. 

Buy low, baybeeeee

[azgreg]

On 11/26/2024 at 12:09 PM, stanfordchef said:

What’s todays special at Habit Burger maytard?

There's no way he's smart enough to work at Habit Burger. He's got Tilt-A-Whirl 2nd shift written all over him.

 

[CoachKenFTW]

On 11/26/2024 at 12:09 PM, stanfordchef said:

What’s todays special at Habit Burger maytard?

I don't know WyomingSam

Are you going to invite yourself to another football game this weekend?! LMFAO!

[RSF]

On 11/26/2024 at 2:09 PM, stanfordchef said:

What’s todays special at Habit Burger maytard?