The White House

Fact Sheet: President Donald J. Trump Proceeds with Tarif...

SAFEGUARDING THE NATION: President Donald J. Trump is proceeding with implementing tariffs on Canada and Mexico under the International Emergency Economic

so it begins...

All Canada has to do is drop its non-reciprocal tariffs and it would be paused or even stopped. Hmmmm......make you think why they won't even do that.

2 minutes ago, Highmark said:

"Work with" has been one of the major reasons we are $36 trillion in debt. You get yours I get mine.

What's amusing is you actually think the left would work with Trump on anything substantial.

I know... we've had three decades of no one minding the store.

you've heard the phrase you catch more flies with honey than vinegar right?

he's more interested in preserving/defending his own self interests and placating his base than he is in doing what's best for the country and has been since he came down the gilded escalator... imo

a bit of modesty would be a nice change of pace on occasion but it's too late for that.

1 minute ago, Crnr2Crnr said:

I know... we've had three decades of no one minding the store.

you've heard the phrase you catch more flies with honey than vinegar right?

he's more interested in preserving/defending his own self interests and placating his base than he is in doing what's best for the country and has been since he came down the gilded escalator... imo

a bit of modesty would be a nice change of pace on occasion but it's too late for that.

You obviously have had the bias colored glasses on the past 10 years.

I love how all the Trump haters think he should be the one to turn the other cheek now.

1 minute ago, Highmark said:

You obviously have had the bias colored glasses on the past 10 years.

I love how all the Trump haters think he should be the one to turn the other cheek now.

I didn't say jack squat about him for nearly four years... until the election fraud bs and J6

has that 'fraud' been proven yet, or won't his narcissistic egomaniacal personality allow him to publicly admit it... ever?

Edited March 6, 20251 yr by Crnr2Crnr

For those that don't understand the effect of tariffs on inflation here is a very simple case:

American software company reliant on European/Asian hardware. Logically the pricing was set to sell the American product at the most overall margin (ie qty vs price). Trump now applies a 25% tariff to the Europe so they retaliate and apply the same to the hardware. Hardware was not previously under import/export tariffs. Now it is.

This means the COGS just went up 25%.

Average margin was 80%.

Since Lloyd & co can't seem to do simple math let's use the starting selling price as $100.

To maintain margins, the previous $20 COGS are now $25. Pricing strategy is one of two ways

-Add the $5 cost since you can't afford to not and sell at $105.

-Keep your margin percentage the same and sell at $125.

Now you export to Asia and Europe where they put a 25% tariff on the product. This means your once $100 product is now either $131.25 or $156.25.

If you were good on your market pricing before it now means you aren't going to sell shit in Europe and Asia. The only recourse is to eat the $30 or $56 yourself. This of course now puts you in a spot where you don't have margin to survive.

TONS of small companies are going to get destroyed locally due to this. We have a world economy at the moment and it surely can't swallow 25% going both ways.

1 minute ago, Deephaven said:

For those that don't understand the effect of tariffs on inflation here is a very simple case:

American software company reliant on European/Asian hardware. Logically the pricing was set to sell the American product at the most overall margin (ie qty vs price). Trump now applies a 25% tariff to the Europe so they retaliate and apply the same to the hardware. Hardware was not previously under import/export tariffs. Now it is.

This means the COGS just went up 25%.

Average margin was 80%.

Since Lloyd & co can't seem to do simple math let's use the starting selling price as $100.

To maintain margins, the previous $20 COGS are now $25. Pricing strategy is one of two ways

-Add the $5 cost since you can't afford to not and sell at $105.

-Keep your margin percentage the same and sell at $125.

Now you export to Asia and Europe where they put a 25% tariff on the product. This means your once $100 product is now either $131.25 or $156.25.

If you were good on your market pricing before it now means you aren't going to sell shit in Europe and Asia. The only recourse is to eat the $30 or $56 yourself. This of course now puts you in a spot where you don't have margin to survive.

TONS of small companies are going to get destroyed locally due to this. We have a world economy at the moment and it surely can't swallow 25% going both ways.

YEAH, BUT TRUMP SAID...

🙄

5 minutes ago, Deephaven said:

For those that don't understand the effect of tariffs on inflation here is a very simple case:

American software company reliant on European/Asian hardware. Logically the pricing was set to sell the American product at the most overall margin (ie qty vs price). Trump now applies a 25% tariff to the Europe so they retaliate and apply the same to the hardware. Hardware was not previously under import/export tariffs. Now it is.

This means the COGS just went up 25%.

Average margin was 80%.

Since Lloyd & co can't seem to do simple math let's use the starting selling price as $100.

To maintain margins, the previous $20 COGS are now $25. Pricing strategy is one of two ways

-Add the $5 cost since you can't afford to not and sell at $105.

-Keep your margin percentage the same and sell at $125.

Now you export to Asia and Europe where they put a 25% tariff on the product. This means your once $100 product is now either $131.25 or $156.25.

If you were good on your market pricing before it now means you aren't going to sell shit in Europe and Asia. The only recourse is to eat the $30 or $56 yourself. This of course now puts you in a spot where you don't have margin to survive.

TONS of small companies are going to get destroyed locally due to this. We have a world economy at the moment and it surely can't swallow 25% going both ways.

Its not always that straight forward and impactful.

I have a customer that requires me to purchase wire harness' from China and Mexico. Those components make up about .5-1.5% of the DM cost. 25% x 1.5% is .3% of DM's and much lower % of selling price. How much we pass on will be negotiated with the customer.

Another think people seem to miss is the VAT applied to our exports. Yes a countries internally produced goods face the same VAT but not their goods sold here in the US. Its much less. Just another hurdle our companies have to clear.

Deep do you at minimum support reciprocal tariffs? How about non monetary tariffs like import restrictions? This hits us as well when countries put a limit on what we can sell to protect their own industries.

16 minutes ago, Crnr2Crnr said:

I didn't say jack squat about him for nearly four years... until the election fraud bs and J6

has that 'fraud' been proven yet, or won't his narcissistic egomaniacal personality allow him to publicly admit it... ever?

That crap again where Bannon was guessing what Trump would do? BTW its not illegal to claim there was election irregularities. The DEMS were doing it with Trump and Russia for years and yes even claiming the election was stolen.

Don't worry....you made up for it since the election. 2,555 posts (103 pages) of posts you made with the word Trump in it. TDS much.

Edited March 6, 20251 yr by Highmark

48 minutes ago, Deephaven said:

For those that don't understand the effect of tariffs on inflation here is a very simple case:

American software company reliant on European/Asian hardware. Logically the pricing was set to sell the American product at the most overall margin (ie qty vs price). Trump now applies a 25% tariff to the Europe so they retaliate and apply the same to the hardware. Hardware was not previously under import/export tariffs. Now it is.

This means the COGS just went up 25%.

Average margin was 80%.

Since Lloyd & co can't seem to do simple math let's use the starting selling price as $100.

To maintain margins, the previous $20 COGS are now $25. Pricing strategy is one of two ways

-Add the $5 cost since you can't afford to not and sell at $105.

-Keep your margin percentage the same and sell at $125.

Now you export to Asia and Europe where they put a 25% tariff on the product. This means your once $100 product is now either $131.25 or $156.25.

If you were good on your market pricing before it now means you aren't going to sell shit in Europe and Asia. The only recourse is to eat the $30 or $56 yourself. This of course now puts you in a spot where you don't have margin to survive.

TONS of small companies are going to get destroyed locally due to this. We have a world economy at the moment and it surely can't swallow 25% going both ways.

Can you give us a breakdown of the 20x gain you thought you made on make-believe property?

33 minutes ago, Highmark said:

That crap again where Bannon was guessing what Trump would do? BTW its not illegal to claim there was election irregularities. The DEMS were doing it with Trump and Russia for years and yes even claiming the election was stolen.

Don't worry....you made up for it since the election. 2,555 posts (103 pages) of posts you made with the word Trump in it. TDS much.

otb...

45 minutes ago, Highmark said:

Its not always that straight forward and impactful.

The reality of my example is that the COGS on the incoming portion is really trivial compared to the other. Painting the whole picture however is important. I know of a ton of businesses in my space that if they are across the board tariffs and the response is the same that will be painted exactly as described. The whole belief that tariffs won't cause inflation is absurd.

48 minutes ago, Highmark said:

Deep do you at minimum support reciprocal tariffs? How about non monetary tariffs like import restrictions? This hits us as well when countries put a limit on what we can sell to protect their own industries.

I definitely fully support discussing exactly how and what is fair and making sure there is a an even playing field. Free market is better than market manipulation, but when there is market manipulation on one side you need to deal with it. How it was wasn't right, how it is being dealt with is another not right.

13 minutes ago, ArcticCrusher said:

Can you give us a breakdown of the 20x gain you thought you made on make-believe property?

I never said I made. I stated I bought a building and it went up that far. It's over that now. The only make-believe on this site is everything you think is fact.

33 minutes ago, Deephaven said:

I never said I made. I stated I bought a building and it went up that far. It's over that now. The only make-believe on this site is everything you think is fact.

Yes, we already know that didn't happen. You have zero clue how real estate works.

28 minutes ago, Deephaven said:

The reality of my example is that the COGS on the incoming portion is really trivial compared to the other. Painting the whole picture however is important. I know of a ton of businesses in my space that if they are across the board tariffs and the response is the same that will be painted exactly as described. The whole belief that tariffs won't cause inflation is absurd.

I definitely fully support discussing exactly how and what is fair and making sure there is a an even playing field. Free market is better than market manipulation, but when there is market manipulation on one side you need to deal with it. How it was wasn't right, how it is being dealt with is another not right.

I never said I made. I stated I bought a building and it went up that far. It's over that now. The only make-believe on this site is everything you think is fact.

And the reality of my example is true as well. Not every tariff can or will be applied to equal the percentage applied for multiple reasons. Can it be inflationary.....absolutely. Is it sometimes necessary to take these steps. Absolutely. If the other side absolutely refuses to practice fair trade what other solution is there?

I'm not a believer in all tariffs but at minimum I think our country has been taken advantage of in trade for a long time and again its not just straight tariffs but things like the VAT and quantity restrictions on imports. Our average sales tax is around 7%......the EU's 21% and that's only if its applied once.

I'm willing to take a little short term inflation to get Mexico, Canada and China doing more to combat the drug and human trafficking problem.

Edited March 6, 20251 yr by Highmark

What a fucking joke.

Tariffs are off again.

His hook nose herald trumpeted that just now. I swear he annoys me less than our twat Freeland did, but it ain't by much.

I think maybe the president gone senile.

Not Biden senile, but he can't comprehend or remember what he has done, or what he's doing.

Somebody should start thinking about the 25th, unlike protecting the office as they did with Joe.

Edited March 6, 20251 yr by Voodoo

2 minutes ago, Voodoo said:

Tariffs are off again.

His hook nose herald trumpeted that just now. I swear he annoys me less than our twat Freeland did, but it ain't by much.

I think maybe he's gone senile.

Not Biden senile, but he can't comprehend or remember what he has done, or what he's doing.

Somebody should start thinking about the 25th, unlike protecting the office as they did with Joe.

Its not about tariff's.

Just now, ArcticCrusher said:

Its not about tariff's.

On this we can agree

At this point it's about competence, and the lack thereof.

The elder abuse over the last 2 years has become,, at the least, problematic.

Edited March 6, 20251 yr by Voodoo

This is what it's about boys.

Sam has been calling this for a decade.

Its a national security issue for the US and Trump is 100% correct.

9 minutes ago, Voodoo said:

On this we can agree

At this point it's about competence, and the lack thereof.

The elder abuse over the last 2 years has become,, at the least, problematic.

Reciprocal.

Just now, Highmark said:

Reciprocal.

That's fucking retarded. Canada needs to stop the protectionism.

On 3/4/2025 at 9:56 AM, ViperGTS/Z1 said:

Do you think I care what Wall Street thinks?...... They have gotten it wrong many times and always have a knee jerk reaction

Lots of GOP people cared about Wall Street when Biden was president and it was tanking in “22. Why was that?

Biden wasn’t senile but Trump is? 🤡

8 minutes ago, Skidooski said:

Biden wasn’t senile but Trump is? 🤡

it's syphilis, I read it on the internet

probably from a Russian woman

38 minutes ago, Highmark said:

Reciprocal.

Source?

26 minutes ago, akvanden said:

Source?

It's true.