Tariffs...what to make of them.

Coming next: Items will be listed at "market price" like lobster on a restaurant menu. When I did quotes for my woodworking business, I'd state that prices were good for 30 days. Would need to be 30 minutes these days.
This was happening in 2020/2021 for my company. Our suppliers were basically 30 days, MAYBE. Combined with not knowing when things would show up.

Right now we have MCCs/Transformers/Generators over a year out for delivery.
 
Not taking sides here at all....but can someone explain why when Canada imposes a tariff on the US, everyone is totally fine with it....When US imposes a tariff on Canada, everyone loses their freaking mind?
EAAAAAAASY big fella, inconvenient facts aren't always appreciated in these convos!

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(I too take no side and will say both sides do it, so this ain't attacking either side or any person specifically)
 
Let's not forget the igloos. We should take them too. Transplant them to Florida.
 
Not taking sides here at all....but can someone explain why when Canada imposes a tariff on the US, everyone is totally fine with it....When US imposes a tariff on Canada, everyone loses their freaking mind?

Because Canada retaliated in response to the US imposing tariffs. It's far more understandable why they did this, as opposed to why the US did it.

I mean I could be wrong, as I do not follow this stuff. But did Canada start this whole thing? Or is this just a natural response?
 
Not taking sides here at all....but can someone explain why when Canada imposes a tariff on the US, everyone is totally fine with it....When US imposes a tariff on Canada, everyone loses their freaking mind?
So first off...its probably important to remember that in 2018 Trump signed the United States-Mexico-Canada Agreement, or USMCA, and has since touted as “the best trade deal ever made.”.....any Tarriffs Canada has/had were negotiated by Trump in that deal....either changed or left in place.

The Tariffs Trump likes to mention like Dairy products for example.....You just hear about 298% tariffs....But it has tariff-rate quotas....So they only enact the Tariffs after we send X amount into their market...which apparently we never do. We have the same rules for Canada sending its Dairy products to us....And it makes sense...it is in any nations strategic interest to try and protect its farmers. All nations do this...why imported cheese is so goddam expensive.
 
From his recent Truth Social post:

The only thing that makes sense is for Canada to become our cherished Fifty First State. This would make all Tariffs, and everything else, totally disappear.

This is what trump wants. Nothing else.
 
So first off...its probably important to remember that in 2018 Trump signed the United States-Mexico-Canada Agreement, or USMCA, and has since touted as “the best trade deal ever made.”.....any Tarriffs Canada has/had were negotiated by Trump in that deal....either changed or left in place.

The Tariffs Trump likes to mention like Dairy products for example.....You just hear about 298% tariffs....But it has tariff-rate quotas....So they only enact the Tariffs after we send X amount into their market...which apparently we never do. We have the same rules for Canada sending its Dairy products to us....And it makes sense...it is in any nations strategic interest to try and protect its farmers. All nations do this...why imported cheese is so goddam expensive.
This. And Trump says it's because of Fentanyl coming across the border. True for Mexico, where border patrol seized 21,000 lbs last year. But Canada? 43 lbs. @cfrone1 - Do you have a particular Canadian tariff to discuss?
 
I might be wrong, but president can only impose tariffs if it's related to national security. Is that correct?
 
I might be wrong, but president can only impose tariffs if it's related to national security. Is that correct?
Sure. But that's kind of like saying the Federal Government only can legally interfere when interstate commerce is involved. Whatcha gonna do, sue?
 
Started seeing notes from the bike brands that at least 10% price increases on most ike are yo be expected mid summer.

At the same time, leftovers are on clearance in many cases. Still turbulent times in the bike world.
 
As a professional musician, I'm going to be forced to raise my rates. From the current 1980 scale to 2005.

BTW, this 298% dairy tariff is new to trump, as he said it was just explained to him. He latched onto the number without really understanding what it was, and used it as just another maga talking point and excuse to throw some more tariff threats around. Total ass-hat.
 
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