mugtang Posted November 26 Posted November 26 Despite what people might believe, the Tariffs are going to cause price increases simply because of supply and demand. And even if supply doesn’t increase those costs are going to be passed on to the consumer. https://apnews.com/article/trump-tariffs-canada-mexico-china-59239afe12033ca99c65c7a2be0e4f0d 25% tariffs on all goods from Canada and Mexico and 10% on China. Lolololololol. The China tariff, maybe I can get behind but the one from Canada and Mexico is beyond stupid. Congrats to the people that voted for this. You just increased the prices on a lot of things by 25% (or more)! This won’t help bring jobs back to the US either. 6
happycamper Posted November 26 Posted November 26 On 11/26/2024 at 10:07 AM, mugtang said: Despite what people might believe, the Tariffs are going to cause price increases simply because of supply and demand. And even if supply doesn’t increase those costs are going to be passed on to the consumer. https://apnews.com/article/trump-tariffs-canada-mexico-china-59239afe12033ca99c65c7a2be0e4f0d 25% tariffs on all goods from Canada and Mexico and 10% on China. Lolololololol. The China tariff, maybe I can get behind but the one from Canada and Mexico is beyond stupid. Congrats to the people that voted for this. You just increased the prices on a lot of things by 25% (or more)! This won’t help bring jobs back to the US either. nah. all we need is self reliance. maybe we could make that a national motto or chant. would be snappier if it were a single word though.
Sactowndog Posted November 26 Posted November 26 On 11/26/2024 at 7:07 AM, mugtang said: Despite what people might believe, the Tariffs are going to cause price increases simply because of supply and demand. And even if supply doesn’t increase those costs are going to be passed on to the consumer. https://apnews.com/article/trump-tariffs-canada-mexico-china-59239afe12033ca99c65c7a2be0e4f0d 25% tariffs on all goods from Canada and Mexico and 10% on China. Lolololololol. The China tariff, maybe I can get behind but the one from Canada and Mexico is beyond stupid. Congrats to the people that voted for this. You just increased the prices on a lot of things by 25% (or more)! This won’t help bring jobs back to the US either. I have a sort of friend who is a huge Trumper. The rely on social security and his wife’s pension. She retired when rates were low and chose to lock in a fixed payment with a 2% cost of living adjustment. He is beyond fucked. 1
Cowboy Up Posted November 26 Posted November 26 On 11/26/2024 at 9:44 AM, Sactowndog said: I have a sort of friend who is a huge Trumper. The rely on social security and his wife’s pension. She retired when rates were low and chose to lock in a fixed payment with a 2% cost of living adjustment. He is beyond fucked. Sad but it serves them right. 1
CoachKenFTW Posted November 26 Posted November 26 DTJ 45, 47 Don Jr. 48 Eric 49 Ivanka 50 Baron 51 Ivanka's kids 52, 53, etc...
CoachKenFTW Posted November 26 Posted November 26 On 11/26/2024 at 8:44 AM, Sactowndog said: I have a sort of friend who is a huge Trumper. The rely on social security and his wife’s pension. She retired when rates were low and chose to lock in a fixed payment with a 2% cost of living adjustment. He is beyond fucked. Were you the guy claiming the 10 year treasury bond yield going up was the key indicator for inflation in the stock market thread?
RSF Posted November 26 Posted November 26 On 11/26/2024 at 1:19 PM, CoachKenFTW said: DTJ 45, 47 Don Jr. 48 Eric 49 Ivanka 50 Baron 51 Ivanka's kids 52, 53, etc... We don’t need to know their IQs. 2
Sactowndog Posted November 26 Posted November 26 On 11/26/2024 at 12:23 PM, CoachKenFTW said: Were you the guy claiming the 10 year treasury bond yield going up was the key indicator for inflation in the stock market thread? I said prices falling and yields rising were in response to anticipated inflation which it is. https://finance.yahoo.com/news/option-traders-bet-deep-treasury-213000746.html
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