Trump Tariff will Kill the Economy

Collapse
X
 
  • Time
  • Show
Clear All
new posts
  • bsm2
    IT Manager

    25,000+ Posts
    • Feb 2008
    • 30453

    #661
    NEWS: U.S. tariff rate jumps to highest levels since Great Depression as Americans brace for higher prices

    Comment

    • bsm2
      IT Manager

      25,000+ Posts
      • Feb 2008
      • 30453

      #662


      ​​​​​ Trump's price problem: 'A covenant has been broken'

      Comment

      • bsm2
        IT Manager

        25,000+ Posts
        • Feb 2008
        • 30453

        #663
        AriZona Iced Tea could raise prices on its iconic 99-cent can because of aluminum tariffs
        Full Story: https://www.wwltv.com/article/news/n...facebook_WWLTV


        Suckers

        Comment

        • Mako
          Senior Tech

          500+ Posts
          • Jan 2025
          • 956

          #664
          Originally posted by bsm2
          AriZona Iced Tea could raise prices on its iconic 99-cent can because of aluminum tariffs
          Full Story: https://www.wwltv.com/article/news/n...facebook_WWLTV


          Suckers
          Time to bring Bauxite Mining jobs back to Arkansas, Georgia, Virginia and Alabama and fire our smelting plants back up to full capacity.

          Comment

          • slimslob
            Retired

            Site Contributor
            25,000+ Posts
            • May 2013
            • 37572

            #665
            Originally posted by bsm2

            AriZona Iced Tea could raise prices on its iconic 99-cent can because of aluminum tariffs
            Full Story: https://www.wwltv.com/article/news/n...facebook_WWLTV
            Translation: They have reduced the size of the can as much as they can get away with.

            The iconic original can was 22 fluid ounces. The cans pictured in the article are only 15.5 fluid ounces.

            Also most beverage companies have started using mostly recycled plastic and aluminum.

            Comment

            • SalesServiceGuy
              Field Supervisor

              Site Contributor
              5,000+ Posts
              • Dec 2009
              • 8259

              #666
              The US Aug 7th 30 year bond auction was considered a failure. Foreign investors, looking at the mounting $37T US debt now consider the US a risky investment.

              The Treasury Auction is one of the primary funding mechanisms for the federal government and a signal of global faith in the U.S. economy. Demand for U.S. Treasuries was weaker than expected pushing yields uncomfortably high and increasing the cost of servicing the ballooning deficit. Trump’s tariff war is already showing up in inflation data with the worst yet to come.

              This is considered to be the opening act, due to poorly conceived economic polices by the Trump Administration of stagflation where high unemployment rates, low incomes, low or negative gross domestic product (GDP) growth—and inflation, a higher-than-average rate of price changes makes the Federal Reserve powerless to change the economic direction with interest rate changes.
              Last edited by SalesServiceGuy; 2 days ago.

              Comment

              • Mako
                Senior Tech

                500+ Posts
                • Jan 2025
                • 956

                #667
                Good news for workers in the states of Kentucky, Georgia, Alabama, Tennessee and South Carolina. Good news for consumers too as their appliances will likely be much better quality once production returns home.


                image.png

                Comment

                • bsm2
                  IT Manager

                  25,000+ Posts
                  • Feb 2008
                  • 30453

                  #668
                  This is why Americans lose under the Trump Administration

                  Update on USA shipping. I have made the hard decision to refund and cancel all pending orders to the USA. And USA shipping for physical products is turned off for the foreseeable.
                  If you’re a bag box subscriber you have also been paused until we can figure out this current hurdle.

                  All those affected by both above have been emailed.

                  I know this is frustrating and unfair and I’m so sorry. This decision wasn’t made lightly.

                  I attended a webinar on the new de minimus exemption rules today and just can’t see how I can make it work with all the unknown variables.

                  For the comment saying “this is on the customer to pay” I’m afraid yes you’re kind of right in that I could charge the $80 per parcel fee to the customer (to be paid before it enters the USA) but what if it’s lost? Any refund is deficit to a business not to mention the admin and worry for both customer and business.

                  I’m so sorry and want to send my thanks to all my USA customers for your understanding. I appreciate your support and wish you all the best through these crazy times.

                  Emma x

                  Comment

                  Working...