Tractors and (upcoming) tariffs?

[WinterDeere]

Another approach to increasing U.S. manufacturing is to offer a ten year federal tax deferral to companies that build and operate new manufacturing plants. And a lot less collateral damage compared to tariffs.

I'm no economist, but I'd hope the smart people in charge are pulling on more than just one lever, to keep this train on the tracks.

 

[Quaffer]

You really think that’s where we are headed? 1929?

A smart and seasoned investor looks at facts and data. Doesn't listen to hysteria.

The decline in the past week is not anywhere similar to 1929. What was it-- 9%? That of course is unwanted and concerning, but nowhere near "1929." That involved a 23% loss, back-to-back, in two days. On the way to an 89% decline until it stabilized.

 

[Hay Dude]

Another approach to increasing U.S. manufacturing is to offer a ten year federal tax deferral to companies that build and operate new manufacturing plants. And a lot less collateral damage compared to tariffs.

They won’t do that because of burdensome regulations. It takes forever to build a new plant in the USA.
Look at how many building permits have been issued after thousands of homes burned in the California wildfires.

I think it was only 2 as of Friday.

 

[jyoutz]

They won’t do that because of burdensome regulations. It takes forever to build a new plant in the USA.
Look at how many building permits have been issued after thousands of homes burned in the California wildfires.

I think it was only 2 as of Friday.

It’s certainly a much more direct way to affect activity than a tariff that may or may not have the intended outcome.

 

[jyoutz]

A smart and seasoned investor looks at facts and data. Doesn't listen to hysteria.

The decline in the past week is not anywhere similar to 1929. What was it-- 9%? That of course is unwanted and concerning, but nowhere near "1929." That involved a 23% loss, back-to-back, in two days. On the way to an 89% decline until it stabilized.

True. But last week was just the start. Let’s see what happens this coming week.

 

[JasperFrank]

The vast majority of people people voted for it, especially on this site.. So the seed was sown. This is the crop.

 

[quicksandfarmer]

The vast majority of people people voted for it, especially on this site.. So the seed was sown. This is the crop.

Trump got 49.8% of the vote. That's not even a majority.

 

[Mtsoxfan]

Who got more votes than Trump?

 

[etpm]

If the tariffs are purely for economic reasons why has Russia not been hit with any tariffs? Especially since so many really tiny economies, even economies with no people at all, have been hit with tariffs.
Eric

 

[jyoutz]

Who got more votes than Trump?

None of the above got more

 

[ultrarunner]

Trump got 49.8% of the vote. That's not even a majority.

Kind of harkens back to the words of President Obama saying elections have consequences and specifically to Republicans saying to the effect they are welcome to come along for the ride in the back seat but he’s driving…

 

[ultrarunner]

If the tariffs are purely for economic reasons why has Russia not been hit with any tariffs? Especially since so many really tiny economies, even economies with no people at all, have been hit with tariffs.
Eric

How much is the US importing from Russia…

Sanctions carry more weight than a tariff do maybe nothing to tariff?

 

[Mtsoxfan]

None of the above got more

typical response

 

[etpm]

How much is the US importing from Russia…

Sanctions carry more weight than a tariff do maybe nothing to tariff?

How much were we importing from islands populated solely by animals, no humans at all? In fact even among the countries and land masses that actually have humans living there tariffs were still imposed on some that had no exports to the USA. As near as I can tell only Russia and North Korea were the only nations that had no tariffs imposed.
Eric

 

[ultrarunner]

Don’t forget the Vatican and Cuba seemed to have missed the recent rounds of Tariffs…

 

[Thall303]

Don’t forget the Vatican and Cuba seemed to have missed the recent rounds of Tariffs…

Vatican??

 

[Hay Dude]

Who got more votes than Trump?

Not to mention electoral votes, which is what gets a presidential candidate elected.

 

[ruffdog]

The penguins are now revolting against the tariffs on remote islands:

 

[WinterDeere]

Don’t forget the Vatican and Cuba seemed to have missed the recent rounds of Tariffs…

yes, the Batican is technically an autonomous country within Italy. I actually had to look this up, but it seems to be important €20 million per year of religious articles from the Vatican.

 

[Muhammad]

This thread has become too resource-intensive to maintain so we're going to close it. As I've posted multiple times now, it you want to continue this discussion please do so here: https://www.tractorbynet.com/forums/threads/you-might-love-this-idea-you-might-hate-it.476927/