That very uncertainty is what is driving many companies to restart manufacturing here. It is bringing huge investment we would never have had and would have gone to China or Vietnam.
To right the ship, taking drastic measures are sometimes needed.
Your beef on that tax cuts is with Thune not Trump.
try breaking your pills in half ... for starters ...
I’m suppressing the urge to use words like stupid and idiot also moron and imbecile and the related adjectives. I see a lot of positive signs even here in California when I go places and see people working. It’s going to be hard to get an economy going when a chuck roast costs 45.00. That is not a result of tariffs it’s a result of inflation in previous years.
We’ve got suppliers both internationally and domestically. Trump’s tariffs are generally having the effect he intended.
That doesn’t mean it won’t be unpleasant for some
Our domestic suppliers are BOOMING. They are running full-blast and turning away orders. Investing in new production lines isn’t an overnight decision, but if it keeps up, at some point they will have to commit to the domestic investment
Our international orders are somewhat declining. Suppliers (particularly Asia) are indeed trying to make price deals to overcome tariffs, but the notion they can just “eat the tariff” is not true.
We have started to hear rumors of increase in criminality through 3rd-country shipments and false labelling. So that too is to be expected.
Everyone is in the same boat, so Trump’s tariffs can be treated as an “exogenous” shock - an event outside of our business to which the market will eventually absorb and adjust to
Yes, prices will rise somewhat. Domestic production will rise also
So to answer your point - it’s not “killing” business in general. There will be some heavy consequences for a few, but most people will adjust.
The economy is holding up fine. Individual situations will always differ. I hope you have good luck making it through until the smoke clears.
There is a deadline. July 9th. Sit tight.
https://www.freightwaves.com/news/trump-administration-tariff-updates-june-19-2025
“Mega Dittos. Long time listener, first time caller, but . . .”
Sell it here. Make it here.
Lots will be unsettled until the Rehoming gets up to speed.
Necessary pain to fix long time problems.
Keep flying the flag.
Let folks know what you’re doing, and why.
Buy American is gonna be Yuuuge!
People are naive if they think tariffs will enhance domestic production in the short run. Tariffs will increase prices in the short run. The higher prices should induce domestic producers to enter that market and otherwise expand production. However, that increased output doesn’t take place instantaneously. It takes time to activate idle capacity and increase output for any market. In some cases, it means new investment in plant and equipment. Those higher prices are an economic carrot to induce more domestic output, but it is silly to think that happens overnight. Indeed, the tariffs themselves are still uncertain in many markets, so how should businesses know how to react?
Hopefully, Trump stops vacillating, nails down what the tariffs are in all markets, and then see what business does. Meanwhile, sit tight and see what Trump does to remove the uncertainty of the current tariff situation.
Strange, inflation has been .01%, .02%, .01% for the last 3 months.
There should be a general set of rules set from time to time by Congress. These should be based on logical factors, so they are more reliable.
[From my proposal]
The total tariff shall be:
1. 25%, on aircraft grade aluminum alloys and automotive grade ferrous metal,
2. on national security products [we could and should make],
a. initially 0%, and then increasing by 2% at the start of every IRS quarter month after 2025 to 20%, on
I. industrial level components,
II. any drug for lawful retail sale & consumer use,
III. drug, chemical and plastic industrial inputs, other than refinery hydrocarbons and those for making fertilizer,
VI. semiconductors,
V. solar cells and panels,
VI. basic rare earth element products other than ore,
[That’s for national security reasons]
3. 0%, on
a. other raw materials, including coffee beans, fertilizers and their precursors,
base metals, electricity, raw & refined hydrocarbon products,
when vended without resale or short leash supply restriction,
[That’s to ensure our manufacturers and farmers have access to cheap raw materials.]
b. foodstuffs, when sourced from a country for which the Secretary of Agriculture justly holds in good standing
for lack of undue impediment on import of US agricultural products generally vendible in the USA,
[That’s to open up markets to US agricultural products.]
4. tariffs paid on section 1 and 2 imports, except from China,
may creditable on a one-to-one basis after bona fide export of manufactured products containing them
via any optional scheme the Secretary of Commerce may allow a bona fide manufacturing exporter to participate in.
[That’s for a more level playing field for US exporters.]
NOTE: It may be better to tax transfers of American money to foreign countries at 10% than having a base tariff of 10%
Also, from my proposal:
The base tariff for a particular import shall be:
1. increased 2% per dollar as estimated by the Secretary of Commerce,
on the industry wage shortfall of a key source country compared to the USA,
up to 20%, but levied only if the country is industrially advanced,
[That allows for tariff setting based on industrial wage levels. China has lower levels than ours. There is a developing country exception to help them grow and expand the world economic ‘pie’.]
2. increased by the percentage of the latest 12-month US<->international commercial cash flow US shortfall,
excluding most raw material transactions, as to be estimated by the Secretary of Commerce, up to
a. 10%, if the key source country is industrially advanced,
b. 5%, otherwise,
[That’s to help cut the trade deficit and to stabilize the dollar.]
3. increased by the percentage of the latest 12-month US<->the key source country commercial cash flow US shortfall,
excluding most raw material transactions, as to be estimated by the Secretary of Commerce, of up to
a. 10%, if the key source country is industrially advanced,
b. 5%, otherwise,
[That’s to help balance financial flows between the US and specific countries and to ensure Canada isn’t penalized for massive and highly valuable raw material exports to the USA.]
4. adjusted based on the latest 12-month US<->foreign exchange rate change,
as to be computed at least annually by the Secretary of Commerce, with
a. proportional addition by up to 5%, when unfavorable to the US dollar,
b. proportional reduction by up to 5%, when favorable to the US dollar, but to not less than 10% tariff,
[That’s to help stabilize foreign exchange rates. The tariffs need to be more about long-term international and domestic financial stability than stuff. Brazil as well as the US needs the ability to be financially stable.]
5. as directed by the President of the United States and otherwise allowed by law,
adjusted based on domestic producer profitability, by industry and/or product type,
except when the import is a garment from a country that is not industrially advanced,
or contains intellectual property of key value significance,
as shall be calculated by the Secretary of Commerce, with
I. a 10% addition, no domestic producer of product or service type,
II. addition of calculated percentage that is less than 10%,
III. reduction by calculated percentage that is less than 10%, but to not less than 10% tariff.
[That enables the President to protect key US industries such as the steel industry from collapsing.]
Note the high degree of self-adjustment. That enables the rules to remain reliable for much longer.
And yes, Congress needs to set the rules. If the EU gets a better deal from Trump than Australia, then the Australian Parliament may refuse to ratify Australia’s deal with Trump.
My business was utterly destroyed by the Kung flu lock downs. It stayed flat (95% down) all during the chomo in chief’s term. Things are looking up a bit for me but there is some uncertainty with tariffs as many materials and supplies I can ONLY get over seas. (Certain alloys and machinery components). They simply aren’t made here and it will take years to retool here. Trump made a big mistake and didn’t announce new incentives and tax breaks for us manufacturers BEFORE announcing new tariffs AFTER new supply chains were in progress. As long as the democrat party exists small US manufacturers will just do what I have been doing. Keeping your nose above water and making just enough to pay the bills and minimize taxes. I don’t see it improving, at least in my industry.
Thant being said look for new opportunities. I have been studying automation, AI adaptive designs, and robotics and getting away from my near 30 years of aircraft manufacturing and engineering.
Ummm, after yesterday’s nice day in the 3 major markets, the DJIA only needs 4 more such days to hit its all-time high, the NASDAQ literally only needs 2 more similar days, and the S&P500 only needs 4 more similar days, to be at their all-time highs. The markets do not seem to agree with your assessment on manufacturing.
Go ahead flame away, but if this goes on much longer our economy will be heading in a downward spiral.
__________________________________
You don’t follow the Markets, do ya? Do you get ALL your silly notions from the enemedia?
A little pain now, for great reward in a bit of time.
The Tariffs all go away once the offending nations drop their unfair tariffs.
Horseshit. Tariffs are working, wages are rising and inflation is in check. The tariff will bring in 4 trillion over 10 years to the treasury. So go out of business I DONT CARE.
I agree. Trump ran promising “reciprocal” tariffs, and complained about balance of trade deficits. He did not promise to punish allies who sell quality goods to us at low prices.