When I worked for one of the Big 3 we looked for products from LCC, Least Cost Countries for some items. Otherwise you would be be paying a lot more cars.
Tariffs
- Thread starter sfdon
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So very well said - nicely done
It always is. My lunches were, for a few years, delicious NY pizza slices. I would prepay and while waiting for the slice to come out of the brick oven, I would reflect that if he never delivered the slice he would keep my money and I would keep a lower weight. Win-win, and still I ate them.
ScottAndrews
Well-Known Member
Trump Admin tries to bully Walmart over tariffs
SAD, when the administration is so stuck on their ideology that they try to bully people/companies to keep them from acknowledging the truth. The truth is that SOMEONE on the import side is going to see higher prices from Tariffs. That is either the consumer, or it is the chain of people from the importer to the consumer. any or all of these are participants inthe U.S economy, so it is the economy that will suffer. Inflation, lower margins, etc.. in any world, that is called a tax. Ironc that this comes from a gaggle of folks who seem to make cutting taxes their mission in life...or is that just just taxes on the rich, at the expense of the working people?
It is NOT, as the admin keeps arguing (lying) is the case, that they will be paid by the importing countries.
The very fact that the admin tries to suppress the truth should be telling enough. They know that the cost of tariffs will be borne by the US economy, but that doesn't fit their idea of success, so they bully and lie to suppress that fact. Bullying and lying is never a good sign for any leadership organization. It underscores their lack of integrity, and it demonstrates the bankruptcy of their policies.
SAD, when the administration is so stuck on their ideology that they try to bully people/companies to keep them from acknowledging the truth. The truth is that SOMEONE on the import side is going to see higher prices from Tariffs. That is either the consumer, or it is the chain of people from the importer to the consumer. any or all of these are participants inthe U.S economy, so it is the economy that will suffer. Inflation, lower margins, etc.. in any world, that is called a tax. Ironc that this comes from a gaggle of folks who seem to make cutting taxes their mission in life...or is that just just taxes on the rich, at the expense of the working people?
It is NOT, as the admin keeps arguing (lying) is the case, that they will be paid by the importing countries.
The very fact that the admin tries to suppress the truth should be telling enough. They know that the cost of tariffs will be borne by the US economy, but that doesn't fit their idea of success, so they bully and lie to suppress that fact. Bullying and lying is never a good sign for any leadership organization. It underscores their lack of integrity, and it demonstrates the bankruptcy of their policies.
I must confess that I will be watching with fascination how the tariff angles appear at the real time press conference with South Africa at the White House today.
Back in 2016 I attended a Broadcom sales conference in Huntington Beach. In the evening HBChris kindly picked me up in his NK for some beers at his house, and even E9 gifts I still own!
For lunch, as a loner, I started a new table just for myself, instead of joining another table. The brand new CEO (Hock Tan) asked to join, after that, other employees swarmed the table and joined.
Hock engaged in informal chat, and one lady asked which candidate is better for Broadcom in the upcoming elections. Hock was sharp, he said that Broadcom operates all over world and will do just fine no matter who wins, but that she should think about her personal life not Broadcom. If she wanted stability and more of the same vote for Hillary, if she was bored and wanted some excitement in her life vote for Trump.
Wise prediction. Daily excitement.
There were disciplinary incidents of drunk naked personnel fraternizing in the hotel pool at that conference, but HBChris saved me with a tight alibi!
Back in 2016 I attended a Broadcom sales conference in Huntington Beach. In the evening HBChris kindly picked me up in his NK for some beers at his house, and even E9 gifts I still own!
For lunch, as a loner, I started a new table just for myself, instead of joining another table. The brand new CEO (Hock Tan) asked to join, after that, other employees swarmed the table and joined.
Hock engaged in informal chat, and one lady asked which candidate is better for Broadcom in the upcoming elections. Hock was sharp, he said that Broadcom operates all over world and will do just fine no matter who wins, but that she should think about her personal life not Broadcom. If she wanted stability and more of the same vote for Hillary, if she was bored and wanted some excitement in her life vote for Trump.
Wise prediction. Daily excitement.
There were disciplinary incidents of drunk naked personnel fraternizing in the hotel pool at that conference, but HBChris saved me with a tight alibi!
drunk and naked in a pool goes well with the general tone of the world right now
ah. FGTH
Accepted behavior in the wine & spirits business!
I have been following this Tarif business from the start. My conclusion, the Bozo-in-Charge has no idea about the long and short-term consequences of his decisions. He does not read, never has, research, or talk to anyone who really knows anything, those constantly denigrated "experts." He has surrounded himself with sycophants who know even less.
This explains, at least to me, why tariffs are applied then removed or raised or lowered within weeks. Favored countries or the ones who call his bluff have their tariffs lowered. Then it starts all over again. Large, no giant companies like Walmart announce it has to raise prices. There are demands from the Oval Office that Walmart "eat" the tariffs, followed by a vague statement that the country of origin or the shipper, or who knows who will eat the tariffs.
No wonder the dollar is declining, Moody's has downgraded our Bonds and we all hold our breath.
PS: Don Jr. is blaming Joe Biden's metastatic prostate cancer on Dr. Jill. A. She is not a medical doctor. B. Has he no shame?
I will probably be driven out into the outer darkness or at the very least shunned for my Bozo-in-Charge comment.
This explains, at least to me, why tariffs are applied then removed or raised or lowered within weeks. Favored countries or the ones who call his bluff have their tariffs lowered. Then it starts all over again. Large, no giant companies like Walmart announce it has to raise prices. There are demands from the Oval Office that Walmart "eat" the tariffs, followed by a vague statement that the country of origin or the shipper, or who knows who will eat the tariffs.
No wonder the dollar is declining, Moody's has downgraded our Bonds and we all hold our breath.
PS: Don Jr. is blaming Joe Biden's metastatic prostate cancer on Dr. Jill. A. She is not a medical doctor. B. Has he no shame?
I will probably be driven out into the outer darkness or at the very least shunned for my Bozo-in-Charge comment.
quick word of caution ... please watch the rhetoric. or the moderator 'edit', i mean delete button will come out ...
Well, it does have nothing to do with the thread topic. Perhaps we can start a TDS thread for the rants? Or, as a registered independent with a strong dislike for both parties, I'd be happy to post comments about our former president to balance things out, but it seems the skin is thin around here these days.
Yeah, my post above went a little to far. A crime of passion, but that is no excuse. I am a New Deal Democrat, but if you want help posting about our former President let me know.
Perhaps the delete button should have come out.
Perhaps the delete button should have come out.
ScottAndrews
Well-Known Member
Some additional tariff reality. Sometimes it helps to do the math. A point apparently lost on many/most in the Magasphere..
Tariff math leaves retailers very little choice on prices
Tariff math leaves retailers very little choice on prices
Totally, at 145% tariffs US and China will decouple, everybody knows that.
For shoes specifically I always said the MFN China status was unfair to Brazil and others.
Why Trump’s China Tariffs Could Mean More Brazilian Shoes
President Donald Trump’s aggressive trade war—which has effectively stopped trade with China—means that everyday goods could become harder to find, cost more, or come from new sources.
www.cfr.org
Oh, and the South Africa WH visit did not disappoint. Diplomacy meets reality TV.
Hock Tan was right.
Hock Tan was right.
its a tough one, while i really agree with the spirit of the post - a few things like Bozo-in-charge are the low hanging fruit ... might or might not be true depending on your thoughts, but i made a similar comment with orangutan ... which was not necessary to convey my point. look there is plenty of fodder everyday to keep comedians busy, but if it wasn't truly affecting us as a country it might be funny. i agree with cutting bloat, getting rid of waste, etc. but then we as a country are supposed to spend millions of dollars of tax money to retrofit a plane for a couple of years to then be given to his library ??? i think he should pay for the modifications, not us ... and not tax all of us with tariffs
I think it is sign of maturity that we can deal with this now as banter between friends without taking offense for colorful language.
ScottAndrews
Well-Known Member
To cut bloat, you need to actually identify bloat. This is a bit like reducing the weight of your car by randomly unbolting things
ScottAndrews
Well-Known Member
Absolutely NOTHING is more expensive than a cheap airplane!
Or a cheap coupe!!!
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