So....how's Liberation Day working out for you so far?
- Thread starter couch
- Start date
No better or worse.
My prediction.
Nearly every other country folds and lowers its own tarrifs.
Reciprocity kicks in.
(Then they read the fine print on minimum % and bump them back up)
My prediction.
Nearly every other country folds and lowers its own tarrifs.
Reciprocity kicks in.
(Then they read the fine print on minimum % and bump them back up)
In all honesty its hard to see this not playing out LONG TERM.
But in the short term, its likely going to SUCK this year.
Long term, the USA is simply too big of a customer for most countries to ignore.
Best case in the end would be NO TARIFFS in either direction for any country.
Actual legitimate FREE TRADE
Which I believe is the whole point.
It's going to suck for Canada and Mexico for sure.
I also think the pricing changes will be significantly less than the "tarrif %)
- see articles on Walmart negotiating with suppliers for them to lower their prices commensurate to the tariffs
05rmksteve
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Yamaha
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I received notification last week that some of my supplies are going up first of the month (April). Furnaces 8% A/C and Heat pumps 16% and coils 20%. These items where already over priced due to covid/inflation. I haven't heard anything on my air exchangers that come from Canada.
C
couch
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You do realize that donny boy signed according to his own admission) the "best trade agreement ever" during his previous term - USMCA - basically NAFTA 2.0 but all of a sudden he doesn't know who did it and that everyone else in the world was ripping US off ...
How much are the markets down since Jan 20?
How much better is your 401k?
Is your cost of living less or more?
Are your business selling more stuff or less?
Farm costs up or down?
Seeing as many international visitors these days?
Gas up or down? How about the $ on a shiny new f250 or Denali?
Your wages up or down?
How bout job security?
.....
Just curious
C
couch
Well-known member
Likely +25% ...10% for sure and likely more....think manufacturers / your suppliers are going to eat that difference? Nope. Think your clients are gonna like the price hike .... guessing no to that one too esp with their investments tanking. This is likely just the beginning....
DUMBEST ****ING ECONOMIC ****SHOW EVER all thanks to a grifter and his buddies.
I think it WAS a good deal, and perhaps better than had been had in a LOOOONG time.
But it was still FAR FAR from where it needed to be.
ACTUAL FREE TRADE with NO BARRIERS to entry and NO TARIFFS.
No Slave Labor
No Prison Labor
No Government Subsidies
Honest, Verifiable, Open FREE TRADE between nations.
So far as I know, we haven't EVER, in our entire history, had that with ANY OTHER COUNTRY.
===
Quick check with GROK.
does the united states have actual FREE TRADE, no tariffs, no restrictions, no barriers with any country?
No, the United States does not have completely free trade with any country in the sense of zero tariffs, no restrictions, and no barriers. While the U.S. promotes free trade and has agreements to reduce trade barriers with many nations, there are always some limitations, regulations, or exceptions in place.
The U.S. has free trade agreements (FTAs) with 20 countries as of now, including Canada and Mexico (via the USMCA, which replaced NAFTA), Australia, South Korea, and several others. These agreements significantly lower tariffs—often to zero on many goods—and ease restrictions, but they don’t eliminate all barriers. For example:
- Tariffs: Even in FTAs, some goods face tariffs if they don’t meet rules of origin (e.g., a product must be substantially made in an FTA partner country to qualify for zero tariffs). Outside FTAs, tariffs apply widely—e.g., the U.S. imposes an average tariff of about 2.0-3.5% on industrial goods under WTO rules, with higher rates on specific items like agriculture or steel.
- Restrictions: Non-tariff barriers exist, such as quotas (e.g., on sugar imports), safety standards, environmental regulations, or national security restrictions (e.g., limits on foreign tech like Huawei).
- Barriers: Licensing, customs procedures, and subsidies to domestic industries (e.g., agriculture) can act as indirect barriers, even with FTA partners.
We're laughing at you, not with you.
C
couch
Well-known member
So then answer the questions .....
How's your economic well being?
Going up or down?
A **** load of bravado on here and regurgitation of donny's idiocy but no real answers....
How much of a hit has your 401k taken (maybe rename it to a 201j I suppose)?
Your groceries $$ gone down yet or are you just eating cheaper **** and less of it?
Comfortable in your job outlook??
Still ready to buy that new truck or forego it for a new iPhone to make the pmts?
Never knew that the US was such a poor negotiator and so weak that every other country could take advantage of and rip you off.....
One final question....
Suppose donny gets everything made in US - who the **** do you think is gonna buy your ****?
401K and our investments are fine, we have a lot of bonds and when the market is down we have the investor buy bargain stocks... when the market swings back up we have even more $$$$
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