K1052
Elite Member
- Aug 21, 2003
- 51,161
- 43,277
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Let's just arbitrarily jack up the cost of a core material in so much of our production. What could go wrong?Those cheaper prices everybody wanted are surely coming due to Trump's trade war. Just gotta be patient.
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Let's just arbitrarily jack up the cost of a core material in so much of our production. What could go wrong?
Pretty sure you are bang on. I remember that one. A handful of new jobs were created on the production side but 75K gone from the usage side. He doesn't seem to get that it's the materials, not the products, that are going to kill the economy with these tariffs. Damn near everything assembled in the U.S. relies on imported materials.Last study I can recall seeing said that the previous Trump tariff on steel and aluminum also cost the us 75K manufacturing jobs due to higher input costs.
Good news is that Americans are going to be excited to pay higher prices on all those things as per usual.
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FTFYPretty sure you are bang on. I remember that one. A handful of new jobs were created on the production side but 75K gone from the usage side. He doesn't seem to get.
Trump threatening huge tariffs on all autos from Canada. I think at this point Canada just has to say - we are starting our tariffs on the US due to the current US administration's insanity and aggression - say that in some nice but plain words, and stand up to these fuckers. Someone has to do it.
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Trump threatens Canadian cars with tariffs up to 100% - National | Globalnews.ca
In an sit-down interview with Fox News, U.S. President Donald Trump said Canada “stole” the automobile industry from the United States.globalnews.ca
this due to our food laws and regulations.LoL even McD the standard bearer of American Hegemony is quick to point out they use Canadian supplies.
Business leaders should be flogged through the streets. For years, they've played footsie with these Republican clowns, and now the chickens are coming home to roost.In the past few months we have had meetings with businesses that we purchase capitol equipment from. One sells machines that are right around a million a piece and up. They mentioned that they made advanced purchases on vital components in advance of the tariff war so they would be able to service existing equipment and new customer purchases and keep the cost increases relatively in check for the coming year.
Another one yesterday mentioned the tariff effect, and sourced all of the components they normally order from Germany ahead of time so they could also keep business as stable as possible. The company I work for has facilities in Mexico and Canada and ll over the world. Ownership here is definitely conservative, but still nervous about the tariffs. Haha fuckers I think to myself.
Also, they're going to lay off tons of workers and put educated people out of a job (through various funding freezes) which means all those connected suppliers, contractors, local restaurants, etc are all going to suffer. The stupidest recession ever.I have my ear to the ground in the development world and whoo the financing on a lot of stuff is imploding due to tariff uncertainty, regulatory uncertainty, high 10 year yields, and concerns that the US economy is slowing.
All this points to a crash in housing production which is going to fuel inflation.
Also, they're going to lay off tons of workers and put educated people out of a job (through various funding freezes) which means all those connected suppliers, contractors, local restaurants, etc are all going to suffer. The stupidest recession ever.
Just absolute idiocy. People drowning in vibes.Imagine slashing the tires on the US economy just because voters were bored.