Trump Tariffs (merged threads)

[Dr. Evil]

China Quietly Caves to Trump, Exempts Tariffs - News Addicts

The US and Chinese officials are currently continuing their tariff discussions, but China has already made concessions, either as a sign of good faith or as a tacit admission that the Trump administration has the communist nation in its sights. According to the most recent sources, around...

newsaddicts.com

 

[Defilade]

View attachment VID_20250503_152510_192.mp4

 

[Dr. Evil]

View attachment 265037

BINGO!

 

[Dr. Evil]

 

[Beerman]

Bessent will probably be fired by Wednesday. He’s headed to Geneva to talk to the Chinese about starting tariff negotiations, and Donny just posted on his social media platform saying that “80% tariff seems right.” Once he blames Bessent before the meeting even starts, the end for Scotty B is near. “He was an unsmart guy, terrible, I barely even knew him.” Get ready.

 

[S&W Fan]

Bessent will probably be fired by Wednesday. He’s headed to Geneva to talk to the Chinese about starting tariff negotiations, and Donny just posted on his social media platform saying that “80% tariff seems right.” Once he blames Bessent before the meeting even starts, the end for Scotty B is near. “He was an unsmart guy, terrible, I barely even knew him.” Get ready.

Hmmm, you’re strangely quiet with your constant pessimism. What’s up with that ?

 

[Saltwater60]

Walmart says it’s raising prices because of tariffs. This will not go over well with those who shop there. https://www.wivb.com/news/national/...3SufgGDxlwn0t22XhB_aem_qu_BfeA0XTEUaSMOmk-ECQ

 

[Beerman]

Hmmm, you’re strangely quiet with your constant pessimism. What’s up with that ?

I’ve given up, I won’t change anyone’s opinion, and there’s just no use. I’ve been plenty optimistic about the stock market; my sour outlook is 100% in regard to excessive tariffs and their effect on the economy and the stock market (which are two different things.)

I’m all for home grown chips, strategic materiel and pharmacological products. We never feed our dog anything made in China, so why would we want drugs made there? I try hard to buy as little from China as possible, always have. (Sometimes a product made there is a great option, though. See Holosun, for example.)

 

[Saltwater60]

Apple moving production to India in an attempt to diversify and avoid China trump tariffs. Not surprised. Trump is trying to get them to make more in America so we will see how this plays out

Trump isn’t happy with how Apple plans to escape China tariffs — MarketWatch

The iPhone maker is diversifying production to India amid tensions between the U.S. and China — but the U.S. president wants it to move stateside

stocks.apple.com

 

[spat]

Walmart says it’s raising prices because of tariffs. This will not go over well with those who shop there. https://www.wivb.com/news/national/...3SufgGDxlwn0t22XhB_aem_qu_BfeA0XTEUaSMOmk-ECQ

Translation "we want to raise prices and found the perfect excuse....".

It's like using covid as the excuse to drop the 24 hour thing.

 

[Saltwater60]

Translation "we want to raise prices and found the perfect excuse....".

It's like using covid as the excuse to drop the 24 hour thing.

Or the tariffs increased costs because the USA increased tariffs on everything coming into the USA with few exceptions. All these zero trade deals talked about aren’t done and no goods coming in have gone to zero as led to believe. The uk trade deal is only on a few items until the entire deal is worked out. None of them are done including the uk deal.
Many of the items on Walmart shelves are from China so I’m not sure why this is a surprise.

 

[spat]

Or the tariffs increased costs because the USA increased tariffs on everything coming into the USA with few exceptions. All these zero trade deals talked about aren’t done and no goods coming in have gone to zero as led to believe. The uk trade deal is only on a few items until the entire deal is worked out. None of them are done including the uk deal.
Many of the items on Walmart shelves are from China so I’m not sure why this is a surprise.

I am sure their costs did increase on a lot of products.

I am also sure they are raising prices on products that were unaffected by tarriffs and using this as an excuse.

 

[Saltwater60]

I am sure their costs did increase on a lot of products.

I am also sure they are raising prices on products that were unaffected by tarriffs and using this as an excuse.

I would bet they are raising prices say 2% across the board because it’s easier than going item by item so I would suspect you’re correct that some items are getting an increase that didn’t rise but I don’t know enough about it to say for sure.