Tractors and (upcoming) tariffs?

[Muhammad]

Hmmm.. but i cant help but wonder if what ever was said fit your narrative , would you quietly let it slide? Like what if some one said ****** is causing genocide in *********. Would that be "ok" because 90% of mainstream media says so. Or if some one claims a man can become a women or vice versa.would these be held to the same standard?

Go ahead and post a thread about politics that you think fits my "narrative" and see what happens. Then you won't have to wonder anymore.

Edit:

 

[hayden]

Supply and demand have absolutely no bearing on inflation.

If there is huge demand and no supply, how is there inflation?
If there is huge supply, and no demand, how is there inflation?

Conversely...

If there is huge supply and no demand, how is there inflation?
If there is huge demand and no supply, how is there inflation?

Prices and inflation are mutually exclusive...

OK, we are talking about different things, but using the same word. I can't say which is correct based on economic text books. I'm not an economist, but I have run $100m revenue companies. I think people on the streets and in shopping lines are talking about and care about price increases. You are talking about the overall size of the economy.

 

[Muhammad]

I sure hope the leaders from other countries, who place tariffs on goods from the US, are reading many of these posts and realizing their tariffs are not good for their citizens as well. You'd never know other countries place tariffs on US goods from reading these posts; I don't see any negative comments directed toward those countries, just toward the US. If another country places tariffs on US goods, I see no reason not to reciprocate.

Many world leaders start their day on TBN...... allegedly.

 

[Chris Gurciullo]

Funny how when one side proposes anything "pro worker" or "anti business" - those costs are paid for by "evil" company profits. BUT when the OTHER side proposes a tariff - those costs are paid by the customer.
Doesn't work that way. All costs are ultimately paid by the consumer.

As far as tariffs go - people are getting too worked up. Most likely it's a negotiation tactic to get something from foreign governments. Those governments have to believe it's a real threat. Keep in mind while higher prices aren't good for us, they would devastate a country like Mexico or China.

 

[jyoutz]

And the number one trading partner is Canada, so I’m trying to figure out what the effects of a 25% Tariff on everything will be, because, on December 1 I have to make a decision on investing all of my 40 years of retirement savings. Will the markets be going crazy up and down And do we have to wait until January 20 to find out what will really be going on?

A lot of talk, speculation, and all the news networks in the last day or so.

I know that I’m going to move out of stocks into Treasuries by early January just to be safe until we see what happens.

 

[sunandsand]

Tariffs are a tool, and like any other tool, can be used correctly or misused. Other countries do have tariffs on US made goods, and that is their decision.

Tariffs are most properly used as a scalpel, not as a sledgehammer.

Canada and Mexico are our largest trading partners as well as our neighbors. I don't understand how imposing a blanket 25% tariff will "protect" us from our neighbors to the north, or how "revenge" and "retribution" (the favorite buzz words of the incoming administration) apply to them.

Mexico has their hands full - more than full - with the drug cartels. The media viewpoint is that they are on the verge of becoming a failed state, or worse, a narco-state. (Unfortunately, we have no other ways to tell what is really going on than the media). They are also a land bridge for people from central America, some of whom are desperately seeking a safe place to live, and, unfortunately, some of whom who have other, rather less noble motives.

Mexico needs help, not punishment. If your neighbor's house is on fire, you call the fire department, you don't call the EPA to complain about the smoke.

We and they need to approach this difficult situation differently. What the US and Mexico have been doing so far obviously isn't working. and slamming them with arbitrary tariffs as "punishment" isn't going to help them or us.

Best Regards,
Mike/Florida

 

[sunandsand]

Many world leaders start their day on TBN...... allegedly.

Well they would IF they were smart . . . ;-)

 

[2manyrocks]

Portable Winch co may be another great small business impacted by tariffs. I don’t think Canada should be subjected to tariffs in the US because they aren’t undercutting normal US wages to my knowledge.