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.