PRICED OUTTA SIGHT...

[5030]

With the Trump imposed 100% tarriff, I wonder how marketable the Mahindra tractors will be?

 

[Gator6x4]

With the Trump imposed 100% tarriff, I wonder how marketable the Mahindra tractors will be?

Don't just say Mahindra, say all tractors and farm implements.

Even John Deere will only say 75% of their tractors are produced in the US. I am sure they contain a bunch of foreign made parts though.

There isn't a single, precise percentage for the total number of tractors made in the US, as the figure varies significantly by manufacturer, model, and the global sourcing of parts, but major brands like John Deere produce a large proportion of their machines domestically. For example, John Deere states over 75% of the products they sell are built in their U.S. factories.

The primary countries exporting farm implements and related "Other Agricultural Machinery" to the U.S. are Canada, Italy, Germany, and the Netherlands, with China and Japan also being significant suppliers of agricultural machinery. Mexico is a major supplier of agricultural products overall, but its specific contribution to farm implement exports is not detailed in the same way as the other countries.

 

[orezok]

Well an appeals court voted 7 to 4 noting the the LAW (which some people believe doesn’t apply to them) makes tariff is strictly a function of Congress, NOT the president.

 

[Paystar]

My dealer is both a high volume John Deere and Kubota dealer. Owner told me John Deere won't even send them any tractors here to Canada. They have a whole bunch of orders from customers and can't get machines. So most of them bought Kubota's.
Don't know what Deere's logic is, but it was nice of them to hand a whole bunch of sales to Kubota, LOL

 

[tacticalturnip]

The world sure is right now.

 

[Tinhack]

Well an appeals court voted 7 to 4 noting the the LAW (which some people believe doesn’t apply to them) makes tariff is strictly a function of Congress, NOT the president.

• Delegation by Congress:
  The Constitution gives Congress the power to set tariffs, but Congress has passed laws that transfer some of this authority to the executive branch.
  
  
• Specific Laws:
  Presidents can use laws such as:
  • Section 232 of the Trade Expansion Act of 1962: Allows the president to impose tariffs on imports that threaten national security.
    
    
  • Section 350 of the Reciprocal Trade Agreements Act of 1934: Authorizes the president to negotiate trade agreements and change tariff rates up to a certain percentage.
    
    
  • Other Trade Acts: Various other trade acts, such as the Trade Act of 1974 and the Omnibus Trade and Competitiveness Act of 1988, have granted the president the ability to proclaim changes to tariff rates.

 

[Gator6x4]

• Delegation by Congress:
  The Constitution gives Congress the power to set tariffs, but Congress has passed laws that transfer some of this authority to the executive branch.
  
  
• Specific Laws:
  Presidents can use laws such as:
  • Section 232 of the Trade Expansion Act of 1962: Allows the president to impose tariffs on imports that threaten national security.
    
    
  • Section 350 of the Reciprocal Trade Agreements Act of 1934: Authorizes the president to negotiate trade agreements and change tariff rates up to a certain percentage.
    
    
  • Other Trade Acts: Various other trade acts, such as the Trade Act of 1974 and the Omnibus Trade and Competitiveness Act of 1988, have granted the president the ability to proclaim changes to tariff rates.

What you say is true. But Congress did not convey it’s Constitutional authority to the Office of the President.

Google Search

 

[Gator6x4]

Oops just as Trump and the Trumpers were really working hard to gin up the narrative the Democrats were responsible for Epstein a member of DOJ turned the light on. No doubt in my mind he is history by now.

DOJ Posts Embarrassing Apology Over Official Caught in Honeypot Trap

The undercover sting came amid the ongoing firestorm over Jeffrey Epstein.

www.thedailybeast.com

 

[ultrarunner]

My understanding is the tariffs are assigned on the value of the components imported.

Someone in the electronic business told me the tariff is on his cost and not profit…

The cost of a component might be as low as 20% of the selling price…

Of course item with smaller markups will see a greater impact.

 

[Gator6x4]

My understanding is the tariffs are assigned on the value of the components imported.

Someone in the electronic business told me the tariff is on his cost and not profit…

The cost of a component might be as low as 20% of the selling price…

Of course item with smaller markups will see a greater impact.

Tariffs are levied at the port of entry based on the value of the product. Tariffs are not levied after the sale is made and the importing business reports the sale.

Don’t believe the lies told by Trump. Tariffs are a hidden tax that consumers are paying.

“In the U.S., tariffs are levied and collected by Customs and Border Protection (CBP) at the port of entry, with the immediate cost falling on American importers
. The process involves the importer or their customs broker filing entry documents, after which CBP assesses the tariffs and other fees.

How tariffs are assessed

1. Importers declare their goods: The "importer of record" is responsible for self-classifying their goods according to the Harmonized Tariff Schedule of the United States (HTSUS). The HTSUS provides specific tariff rates based on the type of product and its country of origin.
2. CBP enforces regulations: CBP reviews the import documents and may perform random audits to ensure the correct classification and value of the goods. This helps prevent fraud and evasion of the tariffs.
3. Special rules for specific actions:
   • Anti-circumvention measures: Goods that appear to be routed through a third country to avoid higher tariffs (a process known as "transshipment") can face penalties.
   • Suspension of de minimis exemption: As of August 2025, the Trump administration ended the de minimis exemption for most parcels. This means that packages valued at $800 or less that were previously exempt from duties are now subject to tariffs, unless they are shipped through the postal system.
4. • Specialized tariffs and fees: Some policies, like the potential port fees on Chinese vessels, are designed to target specific actions or industries beyond the standard tariff structure.

Who pays the tariffs
Despite political claims that tariffs are paid by the exporting nation, the tariffs are paid directly to the U.S. Treasury by the American importing company or their customs broker. The money is collected during the customs clearance process.
The economic burden of the tariff cost is often distributed in several ways:

• Passed on to consumers: Importers can raise the prices of their imported goods to offset the higher cost of the tariff, ultimately passing the cost to American consumers.
• Absorbed by the importer: An importing company might choose to absorb some or all of the tariff cost, taking a hit to its profit margins instead of raising prices.
• Shared with the exporter: The U.S. importer and the foreign exporter may negotiate to share the financial burden, with the exporter agreeing to lower their price to help absorb the increased duty.

How tariffs are paid

• Importers often use the government's electronic payment system to automatically deduct the tariff amount from a designated bank account.
• Alternatively, importers may choose to pay their tariffs on a monthly basis. “

 

[ultrarunner]

This is why I find some of the media reporting wrong…

A local reporter ran a story saying if the 100% tariff goes into effect the cost to the consumer will double.

It seems the reporter failed to account that in normal transactions there is also a markup above the product cost and this is after tariff

If tariffs lower my income and or property tax I am for tariffs.

I have a lot of disgression on what I buy but not so much when it come to say property tax other than foregoing ownership…

Taxes of all shades and variety are my biggest expense.

Some of the wait staff at the local sports bar are very happy about the change to tip income.

Maybe I fix up that old car or tractor or look for second hand instead of buying new imported?

 

[garry1p]

No matter how you slice it, tariffs are a hidden tax on the consumer.

 

[JTKub]

I could tell you based on my recent experience with shopping SCUTs, any stock a dealer received after July 1st will cost you about 10% more than units purchased prior. What you could get for around ~$18K, will now basically cost your $20K.

 

[scootr]

$18k going to $20 is basically 10-12%. So much for 100% tariffs ?
If 10% is the cost of securing the American production industry so be it. I'm okay with that.

 

[ultrarunner]

No matter how you slice it, tariffs are a hidden tax on the consumer.

Yes but the tax in many cases is optional…

I furnished my entire home with quality American made goods and nothing bought new except mattresses…

I own 50 assorted vehicles and only one bought new…

Most of my cherished hand and power tools also bought used like my Bridgeport Tape Mill and Southbend Lathe.

Maybe higher import costs will lead to more green living and move us a step away from being a throw away society?

Managing apartments for decades I would often see all the children’s Christmas gifts at the dumpster a few months after Christmas… most made in China plastic with little lasting value.

I lived for a short time in Austria with 100% duty on American cars and very high VAT taxes. The GM dealer still sold Corvettes and Chrysler sold Jeep.

Never heard families speak of decluttering or spending weeks or months clearing out a home after someone passed away…

The quality of life is high… the standard of living good but no where as materialistic as the United States where it’s often cheaper to toss instead of repair…

Several families there would share a modest weekly garbage can yet a 60 gallon weekly garbage service for a renting family of 3 in Oakland wouldn’t be enough?

 

[scootr]

True dat. Americans are spoiled and wasteful.
I always said the problem with society is food clothing and shelter is too easy to get.
Back when people had to spend 12 hrs a day procuring the basic necessities there was no time for most of the BS going on today.

 

[ultrarunner]

We do have enormous leisure as a society and for some it is made possible through government programs that often begin with a teen pregnancy…

I don’t have a clue how this trade experiment will pan out…

I do believe the existing status quo was bleeding us dry being dependent on foreign sources and declining domestic production…

Seems the only growth industries here are tied to Federal, State and Local government.

 

[Tinhack]

We do have enormous leisure as a society and for some it is made possible through government programs that often begin with a teen pregnancy…

I don’t have a clue how this trade experiment will pan out…

I do believe the existing status quo was bleeding us dry being dependent on foreign sources and declining domestic production…

Seems the only growth industries here are tied to Federal, State and Local government.

The tariffs are also used to level the playing field with other countries. i.e. They charge enormous tariffs on U.S. products while charging other countries nothing or near nothing. This makes U.S. products too costly to compete. Even if the product is superior.

 

[Tinhack]

What you say is true. But Congress did not convey it’s Constitutional authority to the Office of the President.

Well, in fact they did in the Acts I listed. The President has the power to set tariffs in those instances--A power granted by Congress. As such, carries the power of the Constitution. It's all going to come down to a SCOTUS ruling and not some left wing gangster group's opinion set on destroying America.

 

[tacticalturnip]

Well, in fact they did in the Acts I listed. The President has the power to set tariffs in those instances--A power granted by Congress. As such, carries the power of the Constitution. It's all going to come down to a SCOTUS ruling and not some left wing gangster group's opinion set on destroying America.

It certainly ought to get to the Supreme Court.