Anyone Notice Stiff Tariff Increases On Goods?

[MEXICOWANDERER]

Not interested in nationalism, politics or other theater...

Solar panels or anything else? How about stuff from Taiwan. I don't see why their stuff would jump but then who knows...

[Gdetrailer]

AllegroD wrote:

In a nutshell, NO ONE WINS except for the governing body that imposed the Tariff.
The consumers lose, businesses lose.

I do not find this to be entirely true. The statement only takes into consideration cheap importers. Tariffs either make the US products more competitive in the retail market or foreign goods less appealing as imports. Tariffs level the playing field for US competitors against countries like China who have no labor laws nor equitable labor practices. Tariffs are a tool to keep such countries from flooding an dominating the market and ruining US manufacturers. The US is not alone in this. Tariffs are used by many countries to protect their own manufacturers.

Umm..

No, not so.

Tariffs affect ALL businesses AND consumers IN THE COUNTRY THAT PLACED THE TARIFFS FOR ALL GOODS AND SERVICES.

By bumping up prices all we are doing is making circles in the sand, eventually spiraling our way into the mud.

You simply cannot TARIFF (TAX) your way into a prospering economy, many countries have tried this, China used to be one of the biggest offenders for hundreds of years with Tariffs. Even they found that keeping other countries out resulted in them being a backwater country and they have slowly reduced Tariffs on incoming goods..

Cheap imports actually makes a lot of lower cost items available to those WHO OTHERWISE CANNOT AFFORD IT!!!

Why do you think folks are trying to push $17 MINIMUM WAGES?

Not "everyone" can afford $10K loaded "MAC'S" tool box, but many folks can afford $200 worth of Harbor Freight tools and it will fill a good size tool box.

Sure HF quality can be a bit spotty but if you only need to use a few times they can be a great bargain. Heck, for $9.99 I can buy a throwaway 30 drill bit set at HF, buy just ONE NAME BRAND DRILL BIT at Lowes or Home Depot and you WILL pay just about $8 for ONE SMALL BIT and for large bits you better hold on to your hat.

[AllegroD]

In a nutshell, NO ONE WINS except for the governing body that imposed the Tariff.
The consumers lose, businesses lose.

I do not find this to be entirely true. The statement only takes into consideration cheap importers. Tariffs either make the US products more competitive in the retail market or foreign goods less appealing as imports. Tariffs level the playing field for US competitors against countries like China who have no labor laws nor equitable labor practices. Tariffs are a tool to keep such countries from flooding an dominating the market and ruining US manufacturers. The US is not alone in this. Tariffs are used by many countries to protect their own manufacturers.

[S_Davis]

Yes, most of the building materials I use have gone up. We are going to see a large decline in home building if things keep on the currant course. I have to pass it on to the consumer, I would go out of business if I tried to absorb the rising costs.

[time2roll]

No.

[1968mooney]

noteven wrote:
....

...In a nutshell, NO ONE WINS except for the governing body that imposed the Tariff.

The consumers lose, businesses lose.

Historically Tariffs have always ended up hurting the country that places it, not the originating country of the goods.

The cost eventually is bore by the consumer as the business importing the goods is forced to pass on the increased cost to the consumer. Business importing is is the business to well, make money, they can't absorb the increased cost so it is the end consumer that winds up paying the "tariff" (it ultimately IS A TAX!).

ding ding! We have our winner!

You are not insunating our President would lie to us, are you. :S

[noteven]

....


Quoting Gdetrailer:

...In a nutshell, NO ONE WINS except for the governing body that imposed the Tariff.

The consumers lose, businesses lose.

Historically Tariffs have always ended up hurting the country that places it, not the originating country of the goods.

The cost eventually is bore by the consumer as the business importing the goods is forced to pass on the increased cost to the consumer. Business importing is is the business to well, make money, they can't absorb the increased cost so it is the end consumer that winds up paying the "tariff" (it ultimately IS A TAX!).

ding ding! We have our winner!

[Songbirds]

Here is a better link for you to search the USA Schedule for yourself, You may need to share what you learn with Mike. but find something shorter in texted on importing. Reading may be a bit to uphill for him. Harmonized Tariff Schedule and general notes.

[bighatnohorse]

Anyone Notice Stiff Tariff Increases On Goods?

I'm not an importer so from that perspective I can't tell.
As a consumer, some China manufactured goods have risen a little in price. I thought most tariffs were on raw materials though.

Avocado prices fluctuate and were very good last fall but have now risen to around normal.
Salmon has risen a lot over the past few years.
Renogy is having a sale on solar panels - and I don't understand how that happens with tariffs.
So basically, "no".

[1968mooney]

What are you complaining about? Our Pres. says the US is collecting Billions and Billions of Dollars on the tarrifs. We will soon pay off the National Debt with the money we collect.

[Chris_Bryant]

As I understand it, the tariff is applied as the goods leave China- everything that was already on a ship doesn’t have the tariff applied.

[jjrbus]

On the other hand the US has been hurt bad by inept politicians and some using tariffs and duty's and trade laws to help or hurt other countries or influence their leaders.

A shinning example of this is a 100% duty to import a Harley Davidson motorcycle into the Philippins.

What kind of morons are negotiating these trade deals, this has been going on for decades?

https://qz.com/india/921722/the-country-trump-mentioned-with-a-100-tariff-on-harley-davidson-motorcycles-india/

[Cloud_Dancer]

Primarily, MY answer would be based on whether I have it better NOW, or previously,.....and, secondarily, what impact the rest of the population is feeling. Sorry, but that's the way it is.

[pianotuna]

Hi Mex,

Items cost more or have been pulled from the shelves, in Canada.

[MEXICOWANDERER]

I haven't seen formal figures but Mexico is a titan of an exporter for fruit and vegetables. It is not unbelievable to pass a swath of tomatoes roughly 70 miles by 30 miles wide north and south of Culiacan, Sinaloa.

Michoacan and Guerrero have a coastal crop of mangoes measuring almost 500 square miles. I could sell Haden mangoes to tourists for 25 cents a pound and prosper. Uruapan Michoacan produces 2,500 tons of Hass avocados and I routinely buy my favorite Ataufos for fifty cents a pound locally.

My question is about CREE LED lamps. Dried up and unaffordable lately by rural ranchers. Those folks are the heart & soul of this country. Honest to a fault. I sell the lights to them for what I pay for them. Then a gift of a half dozen dressed free range hens and a couple dozen true free range chickens show up. Or a few dozen dressed quail. Maybe a half wheel of queso cotija. Ranchers love to use a crop or product as part payment.

[BFL13]

Solar panels here are a bit cheaper this year than they have been over the years, getting to be more like they were in the States at say 70 cents per watt for 24s.

Mex, I don't know about the effect of any tariffs here. Canada just dropped some tariffs on some USA things that made them more expensive to buy here. (Seems we were punishing the USA by making ourselves pay more, but now we are friends again. 🙂 ) Some things have gone up here lately because of higher fuel costs for the 18 wheelers and higher taxes generally. ISTR reading there is a drought in California where half the veggies eaten in North America are grown, which can't be good for prices this year either. Always something.

Next the oranges in Florida will all freeze this winter, due to global warming, and that will jack up the price of orange juice again.

Tariffs--who can tell?