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Posted on 10/17/2025 8:24:33 PM PDT by SeekAndFind
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Whoops - should be on the Friedrich Merz thread. My bad.
CNBC is rat propaganda op masquerading as a financial news network.
I haven’t noticed any effect of tariffs yet.
SURPRISE!!!!
reality bites don’t it?
Trump gambled big on this. I hope we don’t pay twice for it.
The biggest impact isn’t going to be on consumers, IMO, it is going to be when the pledged investments by foreign entities take place in the US, creating jobs, and generating tax revenues.
So it’s a consumption tax. Don’t buy Chinese crap and then there are no tariffs to pay.
Correct
There will be a time lag. And it would be great for the country.
The Left is going to do all they can to kill jobs and destroy the economy. They damn near fully succeeded in the last four years alone.
the only problem being that there is a time delay of years to benefits and so if a dem wins and executive orders it all away, then it was a waste of time
Yet, inflation has declined since Trump took office.
“Consumers”?
But these days, most consumption is coming from the top10%, so it’s being paid by “the rich”.
That's the idea, stupid. The rising prices will induce domestic production to compete with imports, and the higher price of imports will reduce the demand for foreign goods, which can be used to secure reciprocal tariff reductions. The long run benefits: 1) new jobs from increased domestic production, 2) economic growth, and 3) reduced trade deficit.
“The biggest impact isn’t going to be on consumers, IMO, it is going to be when the pledged investments by foreign entities take place in the US, creating jobs, and generating tax revenues.”
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We have nothing to go on but “pledges” and “frameworks” for these deals. There no binding agreements yet.
Most of the bigger things, like factories, will take a decade to materialize.
Your TDS is showing
Must not get out much as it is everywhere...
Very little on some things but many others gone up..
Trump decided to attack something that no one else had ever tried. Namely, the trade deficit.
The trade deficit before the FED took interest rates to zero which allowed shale to get funded was exploding via oil imports. That stopped for a Time and that time extends to now. We still have a deficit but it’s not from oil.
The tariffs have at best put a dent in the trade deficit. They have not erased it. And best to go and study up on the numbers so that you can see that the trade deficit is dwarfed by the fiscal budget deficit.
Hooray for Trump going after something that no one ever had. But it’s relatively small potatoes compared to the budget deficit.
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