I've seen a bunch of dooming and griping in the comments lately, so I thought I would write a post here to help clear things up.
First off, tariffs will not affect the price of goods. As President Trump has said time and time again, a tariff is a tax on a foreign country. If you don’t live in that foreign country, you won’t be taxed, simple as that. Now, of course, there are going to be bad actors, companies that see an opportunity to gouge prices and blame it on tariffs. Don’t be fooled. This is classic corporate greed, the same kind that’s been working behind the scenes to undermine this country for decades. If someone you know starts charging more and claims it's because of tariffs, they’ve just outed themselves as either a leftist plant or a useful idiot. Either way, they’re toeing the globalist line. These companies are intentionally trying to sabotage the economy just to make President Trump look bad. He’s already warned them not to play games, and if history is any guide, his patience is not infinite.
Now, I know some of you are staring at your portfolios in horror right now, but take a deep breath. Trust the plan. President Trump has this under control. The market was never going to get fixed without some serious disruption, it had to happen. Most of the wealth of the Deep State is tied up in the stock market. You know who they are, BlackRock, the Rothschilds, George Soros, the whole crew. They’ve been manipulating things for years, siphoning money away from hard-working Americans while they fund every destabilization effort they can dream up. Tariffs are just the first hammer swing. It has to hurt them. Your investments might dip a little, but they're losing billions. I wouldn't be surprised if the market drops by half before this is over, but think about what that means, these people will be wiped out, and in the end, you'll be the one coming out ahead.
In six months, your portfolio might be down, but guess what? Eggs will be a dollar a dozen. You'll be making 40% more (if you’ve got a real job, that is), and stocks will be at fire-sale prices for real Americans who actually want to build wealth, not hoard it like these parasites. The tariffs will fuel a jobs boom, inject billions into the economy, and chip away at the national debt. Once the dust settles, other countries will be crawling to the U.S. for favorable deals, and we’ll be in a position to pick and choose who gets rewarded for playing fair. We just have to follow what we have been told at the beginning, Trust the Plan.
Well, no. It's a govt levied surcharge on an imported product/service. If you buy imported products, you as a consumer will pay that surcharge, unless the importer of the product/service swallows all or some of it.
The point is not only to encourage manufacturing in the USA because local products aren't tariffed, but also to make imported products less attractive to consumers by raising their prices.
There's obviously more to it than that, but that's the jist.
Yes, all true.
Correct. I still have the Grizzly catalog where they have the price of the machine, and a separate line item for the tariff on Chinese equipment+ shipping.... This was during 45's term.
The upside was American manufacturers caught a break so they could be competitive.
It's unbelievable how many laws and regulations have to be followed here while china can pay children working 22 hours a day next to nothing and burn Styrofoam in the street while dumping chemicals in the river...There ain't no OSHA in china...
digikey does it now.
Oh great...🙄
hey, at least they're transparent about it, lol.
Upside, all I'm saying.
Well said. This is about bringing manufacturing back. Lower tarrifs on exports will help us compete overseas. Forcing them to lower tariffs or lose manufacturing. It will actually cause prices to drop over time. We have nonstop the drain of money leaving our country.
Not a economyfag here… thanks for some clarity on this. I use the example of Covid 19. The USA having the ability to manufacture again. Like making masks and gloves again
That isn't what President Trump said. This sounds like it came strait from some Marxist "economist". President Trump said in his inauguration speech that tariffs are a tax on foreign countries. Why tax our own citizens when we can tax the citizens of another country to Make America Great Again? If you listen to new sources that disagree with President Trump, then you should probably drop them, they can't be depended on.
America can practically produce anything it needs! Consumers worldwide were benefitting when most products were being produced in America! High standards in production was lost when everything started to be produced in China! Appliances breaking down after six months became the norm! Appliances used to be rusted out and still working for decades after purchased! Globalists perfectly planned to move all production to China, while at the same time integrating obsolescence in their products! The generation after us, believed this is normal but anyone over 50 knows that the quality of appliances has been knowingly degraded! The whole plan was to gut American industry! Globalists would never succeed with a strong American economy, so what they did was buy off the politicians to destroy it from within!
Very good points. Not only did the parasite class (aka "elites") offshore our manufacturing to weaken the country and gain more control, but they concurrently infested the education systems (aka indoctrination centers) to drive a wedge between generations (among MANY other nefarious intentions) by encouraging young people to disdain their elders.
The marxist filth of my youth certainly tried to get us to harbor animosity towards our parents (and that entire generation), but we largely told them to pound sand and so they sthu. We understood that we weren't going to agree with our elders on everything, but that we respect them nonetheless for all the sacrifices and positive contributions they made. The point being that the parasite class was attempting to destroy history by severing ties between generations. We are a living testament to the truth and that, truth, is what the parasites need to destroy.
Regarding appliances, the term is "planned obsolescence" and you're spot on inre quality and longevity of appliances. Soetoro was a big facilitator of the offshoring of our manufacturing. I remember speaking against it (to friends) at the time, saying it didn't make any sense, that it would be detrimental to the country. I was met with this twisted, dystopian, fantasy vision of Americans no longer "laboring", but still somehow thriving and prospering (they were just regurgitating the DS narrative talking points their FNM programs implanted into their brains). SMH. Yeah. Right until the moment the parasites decide you don't have enough global obeisance/obedience points to allow your smart meters to keep supplying electricity to your residence, I suppose.
Imagine buying a refrigerator that lasts more than six years and a washing machine still working after 25 years. We just bought a furnace made in America and didn't run into even one employee with an accent. It was like doing a deal in a time machine.
They're expensive though
Sounds awesome.
It will also affect the balance sheet, in a negative way, of all the foreign businesses that have previously been making their profits off US.
Rightly do since most of them support our demise.
Tariffs and competition are linked together. There are many possible outcomes of the linkage. Also look at the relative power of the buyer and the seller. In general, the US buyer has the leverage. Walmart is making the Chinese eat the tariffs. The other countries’ businesses are competing for our business. Don’t worry, be happy!
"....and it is really starting to show"
Yeah.. Qled, I agree; you're obviously in that category.
"Trust the Plan." How Q of you.
The most commonly overlooked point about Trump's tariffs is that they are reciprocal. That means that the countries concerned already place tariffs on US goods. No-one ever seems to complain about that for some reason.
All trump is doing is applying tariffs to imports from countries that already impose tariffs on their imports from the US.
Tariffs WILL affect prices, just in a favorable way for the USA.
It is indeed frustrating. One doesn't fix a century of politicians selling Americans out on trade deals to enrich themselves without incurring a bit of short term pain.
The problem is (as you allude to, Qled) is that most Americans know so little about international trade and how it integrates with foreign policy. Makes it very easy for people to spread FUD.
“This might be the single best explanation of Trump’s tariff policies I’ve seen and it was from a former Democrat on Piers Morgan” https://x.com/dc_draino/status/1907606593509769654?s=61
Trump is issuing tariffs not to increase revenue, it is to get the other countries to back off their tariffs and it is already doing that. It's not about increasing revenue it is about a fair playing field, it has to be this way.
What about us retired people that depend on those IRA's? Will the markets bounce back soon before our accounts get drained by living expenses?
If they're retired, then they should be in safe markets like bonds, or should have purchased shares in $TRUMP crypto. Unfortunately, the Deep State has its roots deep, and removing them is going to hurt.