The Trump Tariffs thread

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Heartbreaker

Diamond Member
Apr 3, 2006
4,981
6,561
136
Sorry if posted before. But this is good. Someone really knows his stuff explaining it coherently:

Jeffery Sachs rips into imbecilic tariffs:

 
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Indus

Lifer
May 11, 2002
14,976
10,509
136
As some of you probably already know.. I'm a Seiko watch collector.

So I keep tabs on what a NH-35 replacement movement cost, especially as after a while.. the watch needs regulating or replacing with a new movement.. and it was about $25-35 for a new movement.

As of May 1st.. the price has jumped to $60-85 for the same exact thing.

Thanks Trump!
 

biostud

Lifer
Feb 27, 2003
19,637
6,703
136
Sorry if posted before. But this is good. Someone really knows his stuff explaining it coherently:

Jeffery Sachs rips into imbecilic tariffs:

Yeah it has been been posted before and the very easy solution to your problems, is to raise taxes for everyone.

It will reduce trade deficits and help balance your budget.
 

QueBert

Lifer
Jan 6, 2002
22,910
1,111
126
I had to do some research on that since I never heard the name.

Apparently here's a recent graduate..

View attachment 123124

I'm gonna use a MAGA trait and stereotype here, but this is exactly the type of dumb shit I'd expect a man named Gunther to say.


As some of you probably already know.. I'm a Seiko watch collector.

So I keep tabs on what a NH-35 replacement movement cost, especially as after a while.. the watch needs regulating or replacing with a new movement.. and it was about $25-35 for a new movement.

As of May 1st.. the price has jumped to $60-85 for the same exact thing.

Thanks Trump!

While that sucks, I've been researching gear for a sim racing rig, today I learned the brand that was at the top of my list Asetek won't even be shipping to the US for the foreseeable future. So I don't even have an option to just suck it up and pay more. A few US sites do sell the brand, but when they run out they won't be getting any more shipments. So by the time I'm ready to actually buy, I won't even be able to buy it. And seeing how Asetek doesn't like what Trump's doing, I don't see them switching their stance here anytime soon.
 
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Indus

Lifer
May 11, 2002
14,976
10,509
136
While that sucks, I've been researching gear for a sim racing rig, today I learned the brand that was at the top of my list Asetek won't even be shipping to the US for the foreseeable future. So I don't even have an option to just suck it up and pay more. A few US sites do sell the brand, but when they run out they won't be getting any more shipments. So by the time I'm ready to actually buy, I won't even be able to buy it. And seeing how Asetek doesn't like what Trump's doing, I don't see them switching their stance here anytime soon.

That sucks.
 

biostud

Lifer
Feb 27, 2003
19,637
6,703
136
Speaking is all that Rand Paul will do. He has the distinction of being the second least effective member of the Senate. Only Gym Jordan has a better record of being completely useless.
Makes sense, I don't know enough about individual senators except a few to comment on their work.
 

Josh128

Senior member
Oct 14, 2022
921
1,400
106
Speaking is all that Rand Paul will do. He has the distinction of being the second least effective member of the Senate. Only Gym Jordan has a better record of being completely useless.

Speaking out, even if nothing else, is still effective. It will embolden others to grow some balls as well. This is the most embarassing "kiss the ring" Congress the US has ever had.
 

zinfamous

No Lifer
Jul 12, 2006
111,667
30,966
146
I wanted to build a sim racing setup, I was looking at a wheel and base that would have been $1600. It went up thanks to Trump, and after the tariffs it would be about $2400 for the same shit. A MAGA used cult logic to respond with "the company just wants to rip you off now because of the tariffs" I never knew not wanting to lose money was a bad thing in business. The MAGAs think these companies are trying to take advantage and increase the prices far more than they need to. But oddly, they also all seem to be against places like Amazon listing how much the tariffs are on each item. If tariffs are a beautiful thing and will be good for the country, why wouldn't you want them listed for all to see? I'm curious how $1600 worth of shit can jump $800.

If I'm to believe the press release Fanatec put out (the sim racing company) they didn't want to increase prices, but due to tariffs they had no choice. And they increased it so their prices would match their profits pre-tariffs and not to make more money. That's a huge jump to keep the profits in line with what they were. And apparently, this is what's gonna make America great again. A few other idiot MAGAs replied to my comment saying I should buy American here. Welp, there's no American company that makes sim racing gear here except 1 bespoke place I found, and they charge like $5k.

Funny, and here I've been thinking about taking advantage of this by maybe parting out my sim rig and selling it at cost from about 2 years ago when I built it, because it would be cheaper for the current buyer.

I don't have any fanataec bits though as I went with Simucube and Heuskenveld. I'm not using as much as I thought I would, and if I have to sell the house and move in the next 2 years, this thing would be a pain to deal with. But yes, the US market for this stuff is effectively nonexistent and I ended up buying nearly every thing from Europe, because it was cheaper in the end than even driving to Microcenter and buying in the US. I did get the frame shipped from Gamestop because they had a deal going on at the time (the NLR adjustable one, that can pivot the seating position between Formula and GT).

Let me know if you want anything! I may just be willing to sell
 

Heartbreaker

Diamond Member
Apr 3, 2006
4,981
6,561
136
Wouldn't it be funny if the rest of the world puts sanctions on us.. that until MAGA is gone.. they won't sign deals with us since they're not even worth the paper they're written on.

Or deals should come with multi-billion dollar trust bonds, in case he reneges on agreements (which he does on a whim).
 

woolfe9998

Lifer
Apr 8, 2013
16,236
14,236
136
Nothing short of economic catastrophe is going to save us from the GOP and right wing authoritarianism. Accordingly, I am strongly encouraged by the news of these ridiculous tariffs. To wit:


While about half the cars we buy are foreign made, at least the other half are manufactured in the US, right? Except the tariff is also on parts, 25% on imported parts. And, of course, 40% of the parts in US made cars are imported. This in turn will increase the retail price of the average US manufactured car by ~$4,000, while the foreign made will increase by more.

Remember all those swing voters who voted for Trump because of "inflation under Biden"? LOL welcome to a serving of Trump's shit sandwich, morons.
 

Indus

Lifer
May 11, 2002
14,976
10,509
136
Nothing short of economic catastrophe is going to save us from the GOP and right wing authoritarianism. Accordingly, I am strongly encouraged by the news of these ridiculous tariffs. To wit:


While about half the cars we buy are foreign made, at least the other half are manufactured in the US, right? Except the tariff is also on parts, 25% on imported parts. And, of course, 40% of the parts in US made cars are imported. This in turn will increase the retail price of the average US manufactured car by ~$4,000, while the foreign made will increase by more.

Remember all those swing voters who voted for Trump because of "inflation under Biden"? LOL welcome to a serving of Trump's shit sandwich, morons.

You're forgetting 2008.. the right wing did crash the economy and the country voted for them again in 2010.

Only Bin Laden saved Obama in 2012.. but 2014 and 2016 again the country went right wingier..
 
Feb 4, 2009
35,862
17,401
136
Speaking is all that Rand Paul will do. He has the distinction of being the second least effective member of the Senate. Only Gym Jordan has a better record of being completely useless.
That’s why his constituents vote for him they literally want nothing done and a dysfunctional federal government
 
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Indus

Lifer
May 11, 2002
14,976
10,509
136
That’s why his constituents vote for him they literally want nothing done and a dysfunctional federal government

What we have is essentially a war of 2 narratives.

Both Trump and Bernie/ AOC understand that images can carry immense power.. they want to be out there as much as possible. Even Karl Rove is scared as fuck of Bernie/ AOC like he was scared of Obama.


On Trump's side is the narrative that he alone can fix it all with our economy and trade but to his credit he is saturating the country with his image and pictures of his trade war with other countries.

Hopefully this is eventually proven to be false. But it doesn't help that the current dem leadership doesn't understand power of images and might. They themselves think Schumer and Pelosi looking frail and talking weak is making the country look strong lol.


I hate to admit it but the Dems are making it too easy for Trump to do what all he's doing. And you can tell this by the way Right Wing outlets aren't even attacking dems anymore.. they're so happy that they're doing exactly what the right wingers hope they'll do.. a big nothing!

Just look at this ffs:

 
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VRAMdemon

Diamond Member
Aug 16, 2012
7,559
9,585
136
Peter Navarro: We're going to do 90 trade deals in 90 days, watch

That was 21 days ago.


WELKER: When does it become the Trump economy?

TRUMP: It partially is right now. I think the good parts are the Trump economy and the bad parts are the Biden economy

LOL! Time for a nap Grandpa!
 
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QueBert

Lifer
Jan 6, 2002
22,910
1,111
126
Peter Navarro: We're going to do 90 trade deals in 90 days, watch

That was 21 days ago.


WELKER: When does it become the Trump economy?

TRUMP: It partially is right now. I think the good parts are the Trump economy and the bad parts are the Biden economy

LOL! Time for a nap Grandpa!

So, maybe I'm not looking hard enough, but what exactly are these "good parts" he's talking about? He should actually bring up points to back up his statements. "good = me" "bad = Biden" isn't sufficient. But this man took credit for the stock market when Biden was in office, so I guess I expect too much for himto understand how anything works.

And the bad parts now are due to the tariffs, which are 100% his doing.
 
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