Price hikes because of tariffs

[Vin]

Hm.. I thought Qatar had a national healthcare system that covered these sort of issues. And also school is still doable assuming both parents work. Not sure how this relates to the discussion on US production though?

In general, interesting times where we see in several fronts that national production is on the increase at a cost to globalization. A good test to see to what extent the wealth generated in the world is through global trade, and what is lost if we reduce globalism. I for one would be a big fan of bringing production back to more local systems, but more from an environmental point of view (let's stop lugging everything around the world). Although I cannot see the consequences everywhere, I think USA is going through a cuious transformation, and I hope that it has the outcome that DT predicts; More jobs, better income levels etc.

Has anyone seen actual shortage of products and or price hikes due to the tariffs?

Agreed and all good points. I will tell you that without a doubt there are more jobs and incomes in general are on the rise. Businesses are growing and my 401k has gone through the roof and I'm paying less in taxes. We'll see how the tariffs play out in the months and years ahead. DT's demeanor is horrendous but so far his results have been positive, unless of course you're a socialist.

 

[Bananaman]

DT's demeanor is horrendous but so far his results have been positive, unless of course you're a socialist.

Only that way cause your not used to a politician calling a spade a spade...hard to argue with results...much like here.

 

[bonsai-ben]

Has anyone seen actual shortage of products and or price hikes due to the tariffs?

Announcing tariffs, and charging them, are two separate things. The tariffs announced of $200b still have to be presented to and discussed and then takes about 60 days to become established. The ball is just starting, now. Then you still have product export to import times, time to get on shelves, then sold, so give it roughly 6 months.....

And no, copper / aluminum / bonsai wire is not part of the tariffs.

 

[CasAH]

Hm.. I thought Qatar had a national healthcare system that covered these sort of issues. And also school is still doable assuming both parents work. Not sure how this relates to the discussion on US production though?

In general, interesting times where we see in several fronts that national production is on the increase at a cost to globalization. A good test to see to what extent the wealth generated in the world is through global trade, and what is lost if we reduce globalism. I for one would be a big fan of bringing production back to more local systems, but more from an environmental point of view (let's stop lugging everything around the world). Although I cannot see the consequences everywhere, I think USA is going through a cuious transformation, and I hope that it has the outcome that DT predicts; More jobs, better income levels etc.

Has anyone seen actual shortage of products and or price hikes due to the tariffs?

Tariffs for the USA exporting aluminum to Canada starts August 1st. I will let you know after then.

Just had several customers from Canada try to pre-pay orders that ship after that date to beat the tariffs. We did not think that would work as the tariff does not kick in till the product crosses the border.

 

[W3rk]

Agreed and all good points. I will tell you that without a doubt there are more jobs and incomes in general are on the rise. Businesses are growing and my 401k has gone through the roof and I'm paying less in taxes. We'll see how the tariffs play out in the months and years ahead. DT's demeanor is horrendous but so far his results have been positive, unless of course you're a socialist.

Tell us about how that 401k is looking now.

 

[Brian Van Fleet]

Tell us about how that 401k is looking now.

Was doing pretty good until mid-term elections.

 

[Vin]

Tell us about how that 401k is looking now.

Ours is extremely strong and mine is even better than the rest of the plan. There have been some adjustments that looked bad but overall our plan has made massive leaps in the past couple years.

 

[wlambeth]

Just a thought... there are great tools made right here in the good old USA!

 

[leatherback]

Just a thought... there are great tools made right here in the good old USA!

But.. but.. THose are not japanese! You cannot Bonsai with out Hattori Hanzo steel