Posted on 02/02/2025 8:14:02 PM PST by SeekAndFind
How many months of finished petroleum products should I “put down” tomorrow?
Well, if we could offset them by lowering our own costs of production internally like the last time (via tax reform)...
Remember what the EU is telling their people, “higher prices is the price you pay for your democracy!”.
Top off before Feb. 18
I’m good on Diesel, but my gasoline reserve capacity is at 8%.
There is a homeland security account that says Mexican govt. May fall within a week.
Not sure if this is a parody account or real one.
Well l trust Trump on this a hell of a lot more than the pearl clutching liars in the so called news outlets.
I don’t know for sure if it covers diesel. That is all I know about it. All imported drugs are taking a hit too.
“Speaking to reporters in the Oval Office on Friday, the president said he’ll add tariffs on oil and gas imports around Feb. 18, without citing specific countries.”
Well there is “crude” oil and then there are “finished products”.
It’s likely there there are regional issues on the net flow of all across the Border.
In the long run, not cooperating is ‘tarded.
Of course Castreaux and his fascist ilk need to be grounded.
Apparently the majority of Canucks need to be edumacated to STOP electing these WEF Commies.
If it’s on diesel, I guess that’s gonna mean that will added on top of the tariffed products. All food will go up also. They always figure cost increase + whatever they can get away with on added profit margin which might be substantial, especially once the herd starts getting a little panicky.
The impact of tariffs on end user prices will be substantially less than the percentage of the tariffs.
Two reasons for this.
In order to not lose too many sales, the producers will be forced to lower their prices, maybe 19-15%. Also these tariffs strengthen the dollar, which further reduces the price of the imports.
I doubt that the price of the imported good will go up more than 1/3 of the tariffs, if that.
So a 25% tariff may increase the price by 8%, not 25%.
... worth it in the long run.
********
The problem is that trade wars create massive wounds, not just skin nicks. With the current Democratic party responding to any Trump-blamed wounds, there will be no long run.
Lots of people voted for Trump because they are hurting economically and believed he would help, get inflation under control, lower gas prices etc. I don’t think the voters are going to be too happy with this :(
There’s a very good and strong message here, but Team Trump needs to make sure it gets out before the mushy middle gets swayed to the contrary.
National security depends on rebuilding our domestic industry. That makes it very cheap overall.
People act like the little we export to CanaDUH isn’t already tariffed by our maplesyruped brained buffoons to the North.
Tariffs are matter of national security, get over yourselves.
Try selling milk from a dairy in Vermont to a town over the border. Nope…thats not going to happen. The tariff is about 270%.
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