![]() |
Quote:
|
Article from June 2025: https://abcnews.go.com/amp/Business/...y?id=123407305 Job numbers up, unemployment at “near historic lows” |
i mean it makes sense that there's an immediate effect like that. if the competitors go away then the local industries have to hire. the issue is that the consumers are going to be paying more now for years. |
Federal reserve bank of San Francisco here does extensive research into tariff effects on prices https://www.frbsf.org/research-and-i...duction-costs/ A 25% tariff on goods reflects a 0.2% increase in price for most consumption based goods for US consumers. |
Quote:
Quote:
|
Conclusion Tariffs can have a significant impact on prices of consumer and investment goods. Our estimates in this Letter suggest that their impact on equipment prices is likely to be much larger than their impact on consumer prices. Estimates imply that, if completely passed through to finished goods, an across-the-board 25% tariff raises investment prices 9.5%, compared with 2.2% for consumer prices. The former can have important implications for businesses’ investment decisions through an increased cost of capital expenditure. |
I’m saying, these tariffs are here to stay. They aren’t as detrimental to the average consumer as you’d think, and as a whole, they are beneficial for the US, and have been across numerous regimes Trump wasn’t even close to the beginning of these. So there’s no reason to believe Canada will get anything but a bad deal out of this. |
Quote:
There is no substitute for goods like potash, steel or aluminium, oil, gas, and a whole host of foundational resources that that the US can produce. A global tariff on potash doesn't mean the US starts producing potash b/c they simply don't have it so the alternative is the price of food goes up or food production goes down - farmers will lose their farms (and farms will shut down). The US doesn't have the facilities to process their own crude oil and oil companies have said they have no interest in converting their facilities to process US crude domestically - to get them to do it will require sky high tariffs. The same for steel and aluminium - the tariffs required to actually move production need to be sky high. Good luck paying for $300 Nikes made in the US versus the $100 ones from Vietnam. The US can't start growing bananas or making microchips domestically either - they lack the geography for the former and the skills and supply chain for the latter. Countries will engage in selective short term protectionist policies to build up a new industry (like China does) but blanket tariffs do nothing but bad things to an economy. https://encrypted-tbn0.gstatic.com/i...MZmXiZGhfF4Q&s |
trump says they dont need our lumber they have plenty of lumber. trump is starting to reduce environmental safeguards for their national forests. seems like a bad deal for americans... more expensive building supplies and less protection for their national forests. |
In other news JT was seen on a date with an Astronaut. Spoiler! |
Tariffs are just hidden taxes. People think they’re getting a break with tax credits, but don’t realize prices quietly go up to offset them. You're basically being duped into thinking you're saving money, while actually paying more. |
Quote:
|
Quote:
Crap or not, it would trash our market in automobile industry (esp if China subsidizes heavily) Take it with a grain of salt, i'm really not that involved or know how it all works. *removing safety standards BS blah blah blah. |
Quote:
|
GM, BMW, etc. all absorbed it to maintain brand loyalty. Chinese EV tariffs protected archaic auto manufacturers for the sake of the Teslas of the world etc. People change who their perceive as the “bad guy” on a daily basis. |
Quote:
Quote:
Because of the unpredictability of how tariffs have been applied (and difficulty in figuring out what is tariff'd) so far some companies are choosing to eat the cost short term as they can't be raising and lowering prices every few weeks. At one point BMW did announce that orders past date X would have tariffs included and if you read the Porsche forums buyers are being told that they will have to pick up tariff costs. For NA produced cars, the difficulty of tracking what is tariff'd is really high b/c parts are not tagged as Canadian, Mexican or American produced so a whole new system need to be built to track parts by nationality in order to properly charge tariffs. Automakers are trying to figure things out as they go along and are just eating the costs for the time being till they figure it out partly on the presumption that the tariffs will be turned off at some point (cause no one could be this stupid right?) For some goods, tariffs haven't all filtered through into the system yet - farmers aren't yet buying potash that's tariff'd yet but they are planning their planting season based on the expected higher costs. We'll see the impact in 1-2 years as the goods they farm will be fewer in volume (like how we see high beef prices now b/c we grew less cows during the COVID years). For other goods, there's still stock in the system that isn't tariff'd - it'll take months before we see the real impact of tariffs in those areas. Eventually most, if not all, tariff costs will trickle into the system - this isn't an overnight change especially as the US keeps backing down on things. |
Quote:
Quote:
|
I was just gonna comment on this too! Sophie Grégoire >> Katy Perry Spoiler! Quote:
|
when my suppliers raise their prices i don't make announcements and raise my prices.... right away.... so you can kind of say i absorb them in the short term. eventually i find areas to raise prices to make up for the general increase in expenses. you get creative or you find certain areas that you were probably underpricing and increase those, that way if a customer asks you can more easily justify things. customers rarely ask though, they mostly just accept price increases. as long as we're busy then i don't think we're overpriced. |
Money isn't real and the entire economy runs on vibes. The average 9-5 worker is well-fed, entertained, feels safe, barely reproducing and are politically aligned red or blue. This is ideal. Life is generally soooooooooo easy if you just obey. The system won! |
Reddit is celebrating that Sean Feucht guy getting his "permits" cancelled everywhere he is trying to go, and the Calgary one should have a big protest, apparently. Same with Edmonton from what I've read on Reddit. Meanwhile, there is not one thread on Reddit critical of the Palestine protests. Doesn't that seem a little odd? You're not allowed to comment on the full LARP HAMAS guy on Reddit, but if you attack the Christian folk singer who can barely attract 100 people in most places, it's a feeding frenzy of hate with 100's of comments full of hate. Weird. Almost like it is coordinated somehow! |
“Don’t kill children” doesn’t make normal people mad. “God hates fags” does make normal people mad. |
Guy poaching sea cucumbers gets SIX YEARS in jail https://www.ctvnews.ca/vancouver/art...ent-to-prison/ You get more time in jail for sea cucumbers than dragging a person to their death. This country is such a fucking joke :lol And save you’re breathe about this guy being a chronic offender etc. poaching fish ain’t the same as murder, as heinous violent crime, etc. no matter how often you’ve done it. Guy got more time than, the guy who beheaded buddy on the bus, the two students that drug the guy to death, violent sexual predators with a history of sexual violence, I don’t think I need to continue. Does he get more time than the Lapu Lapu killer? I’d say it’s 50/50 at this point |
theres a lot of exemptions regarding tariffs thats not announced |
Quote:
|
All times are GMT -8. The time now is 11:02 AM. |
Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2025, vBulletin Solutions Inc.
SEO by vBSEO ©2011, Crawlability, Inc.
Revscene.net cannot be held accountable for the actions of its members nor does the opinions of the members represent that of Revscene.net