On the Mexico and Canada Tariffs

[brgrcru]

What the fuck kinda statement is that ?

Off his bong again
Usually when he tokes a big hit
He makes sense

 

[Racey]

Would you support someone to lead you if they had been shown to bend the rules? Would you look up to them, champion them?

Lol listen to this weasel word bullshit

 

[Smitty7]

Would you support someone to lead you if they had been shown to bend the rules? Would you look up to them, champion them?

I assume you are referring to Trump. In which case my alternative was Kamala ? Yes I prefer the lesser of two evils . And actually I don't look up to anybody . I've been around long enough to know everybody sucks .

 

[monkeyswrench]

Would you support someone to lead you if they had been shown to bend the rules? Would you look up to them, champion them?

Obviously I know the angle in which you are aiming. I'm fairly sure we all do. I may be a bit different. I trust no man on a television screen, and less than zero would be the way I'd describe my trust for politicians. None of them are saviors. Anyone who blindly follows a man should realize one cannot be judged on appearance or words, and actions may not have the effects intended, or be for the reasons shown.

Isaiah 45:20
"Assemble yourselves and come; draw near together, ye that are escaped of the nations: they have no knowledge that set up the wood of their graven image, and pray unto a god that cannot save."

 

[was thatguy]

Lol listen to this weasel word bullshit

One can only imagine what words of mine he twisted up in his head.

 

[brgrcru]

Obviously I know the angle in which you are aiming. I'm fairly sure we all do. I may be a bit different. I trust no man on a television screen, and less than zero would be the way I'd describe my trust for politicians. None of them are saviors. Anyone who blindly follows a man should realize one cannot be judged on appearance or words, and actions may not have the effects intended, or be for the reasons shown.

Isaiah 45:20
"Assemble yourselves and come; draw near together, ye that are escaped of the nations: they have no knowledge that set up the wood of their graven image, and pray unto a god that cannot save."

X1000

I might have a lot more hate towards the government though !

 

[monkeyswrench]

X1000

I might have a lot more hate towards the government though !

I hated the government in much the same way I hated school, or even certain unions. It took me some time to see it wasn't the group, it was individuals in the group. Some had made themselves comfortable either on the backs of others, or by degrading others.

My hate is more focused now I guess. Very few people I'd use that term towards. Sure, there's a lot of people I may dislike, but they are easily ignored.

 

[brgrcru]

Would you support someone to lead you if they had been shown to bend the rules? Would you look up to them, champion them?

I hated the government in much the same way I hated school, or even certain unions. It took me some time to see it wasn't the group, it was individuals in the group. Some had made themselves comfortable either on the backs of others, or by degrading others.

My hate is more focused now I guess. Very few people I'd use that term towards. Sure, there's a lot of people I may dislike, but they are easily ignored.

You are a better man then me
I can’t deviate from hating Dem politicians and voter base. I lump them all in the same category.
Destroying and the destruction of a once great state .
Maybe because I live in California
Seen there policies and and there is not one thing I agree with
In other words fuck those pos .
Ad they voted for another .25 sales tax increase . For homelessness. That went into

I hated the government in much the same way I hated school, or even certain unions. It took me some time to see it wasn't the group, it was individuals in the group. Some had made themselves comfortable either on the backs of others, or by degrading others.

My hate is more focused now I guess. Very few people I'd use that term towards. Sure, there's a lot of people I may dislike, but they are easily ignored.

You are a better man then me
Living in California and seeing what these dem politicians and voter base have done
To this state
Brings out hate and anger
Have a good day

 

[monkeyswrench]

You are a better man then me
I can’t deviate from hating Dem politicians and voter base. I lump them all in the same category.
Destroying and the destruction of a once great state .
Maybe because I live in California
Seen there policies and and there is not one thing I agree with
In other words fuck those pos .
Ad they voted for another .25 sales tax increase . For homelessness. That went into

You are a better man then me
Living in California and seeing what these dem politicians and voter base have done
To this state
Brings out hate and anger
Have a good day

Hmm, I think I may have calmed down after leaving Cali...there was a few less things to put pressure on me.

 

[Sandlord]

Hiring Accelerates in March Despite Tariff Hysteria, ADP Reports

Private-sector job growth accelerated in March, countering gloomy predictions that tariffs would slam the brakes on the labor market. | Economy

www.breitbart.com

https://twitter.com/i/web/status/1907433934218035327

https://twitter.com/i/web/status/1907452993814847588

 

[530RL]

Hiring Accelerates in March Despite Tariff Hysteria, ADP Reports

Private-sector job growth accelerated in March, countering gloomy predictions that tariffs would slam the brakes on the labor market. | Economy

www.breitbart.com

https://twitter.com/i/web/status/1907433934218035327

https://twitter.com/i/web/status/1907452993814847588

LOL

Wait, what?

I thought all the job numbers were fake?

Now they are accurate?

 

[t&y]

Hiring Accelerates in March Despite Tariff Hysteria, ADP Reports

Private-sector job growth accelerated in March, countering gloomy predictions that tariffs would slam the brakes on the labor market. | Economy

www.breitbart.com

https://twitter.com/i/web/status/1907433934218035327

https://twitter.com/i/web/status/1907452993814847588

THIS IS IMPOSSIBLE. We have been assured repeatedly, even by some members here, that this will only end in certain destruction the entire U.S. population, starting with Trump voters of course.

 

[530RL]

THIS IS IMPOSSIBLE. We have been assured repeatedly, even by some members here, that this will only end in certain destruction the entire U.S. population, starting with Trump voters of course.

Nope, Higher tariffs require more workers as it is a very large increase in regulatory burden on businesses. Someone has to fill all that paperwork out, file those tax forms, and determine the value of each item and its appropriate new tax implemented by the government.

What you have been assured is that it will result in higher prices, higher prices naturally means higher total GDP as GDP is the sum of all transactions.

Under these tax increases, you can actually have an increase in total GDP while volumes of goods sold measured in units falls.

Like in all economic statistics, people will pick the one that best supports their religion.

 

[caribbean20]

As I ponder these impending across the board tariffs, if you just look at it as a consumption tax, which it is as it will ultimately be paid by consumers, I’m on board with it as a way to cut the deficit. Not sure this is what his base was expecting, as it will be a one time hit to inflation.

This is a back door tax increase without saying so, but I’m cool with that. Now take a meat axe to spending and we may have something here.

Just don’t piss on my shoes and call it rain by saying “the foreign manufacturers will bear the cost.” I guess if that’s the only way to sell it, so be it.

 

[530RL]

As I ponder these impending across the board tariffs, if you just look at it as a consumption tax, which it is as it will ultimately be paid by consumers, I’m on board with it as a way to cut the deficit. Not sure this is what his base was expecting, as it will be a one time hit to inflation.

This is a back door tax increase without saying so, but I’m cool with that. Now take a meat axe to spending and we may have something here.

Just don’t piss on my shoes and call it rain by saying “the foreign manufacturers will bear the cost.” I guess if that’s the only way to sell it, so be it.

In the last survey I saw, the majority of MAGA supporters believe foreign companies pay the tariffs and consumers do not.

So the President is just giving his base what they believe. Pretty smart on his part.

 

[Sandlord]

LOL

Wait, what?

I thought all the job numbers were fake?

Now they are accurate?

they are usually more favorable to the conservatives on the second and third revision.
Theres a chart somewhere.

 

[t&y]

As I ponder these impending across the board tariffs, if you just look at it as a consumption tax, which it is as it will ultimately be paid by consumers, I’m on board with it as a way to cut the deficit. Not sure this is what his base was expecting, as it will be a one time hit to inflation.

This is a back door tax increase without saying so, but I’m cool with that. Now take a meat axe to spending and we may have something here.

Just don’t piss on my shoes and call it rain by saying “the foreign manufacturers will bear the cost.” I guess if that’s the only way to sell it, so be it.

In the last survey I saw, the majority of MAGA supporters believe foreign companies pay the tariffs and consumers do not.

So the President is just giving his base what they believe. Pretty smart on his part.

Yes.. yes of course. Us good ol' Trump supporters are just too small minded to understand that tariff's would trickle down to the customers buying the product. I mean, that really is some higher level shit right there.

I will still vote for Trump 7 days a week, 365 days a year, rather than Open Borders, Men in Women's Sports, Transgender studies funded world wide by my tax dollars, having to hear the White Man is the root of all evil everyday, or having Killary, FJB, or Heels up Harris in office.

Can either of you say the same? Be honest.

 

[caribbean20]

Yes.. yes of course. Us good ol' Trump supporters are just too small minded to understand that tariff's would trickle down to the customers buying the product. I mean, that really is some higher level shit right there.

I will still vote for Trump 7 days a week, 365 days a year, rather than Open Borders, Men in Women's Sports, Transgender studies funded world wide by my tax dollars, having to hear the White Man is the root of all evil everyday, or having Killary, FJB, or Heels up Harris in office.

Can either of you say the same? Be honest.

On board with the substance of his main policy items, and have said so. As a fiscal conservative and social moderate, pretty sure I’m with the majority of voters. No need to argue, as I’ve thought more about the tariffs, WHICH IS the title of this thread, sounds like a pretty good idea, especially if reciprocal.

 

[t&y]

On board with the substance of his main policy items, and have said so. As a fiscal conservative and social moderate, pretty sure I’m with the majority of voters. No need to argue, as I’ve thought more about the tariffs, WHICH IS the title of this thread, sounds like a pretty good idea, especially if reciprocal.

You say you are on board while still taking shots at Trump supporters. Kind of odd right?

 

[j21black]

From my history reading, Tommy has produced the text from 530, so its out there. Tommy has asked to see the text he is accused of typing and sending. Never been produced. In fact if memory serves he offered $1000.00 to see it.

Maybe DM Tommy see what he says?

Nope, Higher tariffs require more workers as it is a very large increase in regulatory burden on businesses. Someone has to fill all that paperwork out, file those tax forms, and determine the value of each item and its appropriate new tax implemented by the government.

What you have been assured is that it will result in higher prices, higher prices naturally means higher total GDP as GDP is the sum of all transactions.

Under these tax increases, you can actually have an increase in total GDP while volumes of goods sold measured in units falls.

Like in all economic statistics, people will pick the one that best supports their religion.

Huh, if a tariff was already in place, why would it require more workers just because it is higher. The same work exists.

You may have to change it once in your system for multiple products, but you don't need 1000 more employees because of it. If you don't have a computer system that carries it for you, again nothing changes - The paperwork still exists. I can go in and change numbers to populate within a few minutes across the board if necessary and I would think a majority of businesses in the US can do the same.

Most companies have a CFO in charge of accounting and tax filings - Now you need another? The work remains the same - You have to file them anyway......

Edit - I just called my buddies at BDP International, and they said depending on product it can create additional work - 1 line previously and now 6. But it is product dependent - He did state the steel tariffs are a nightmare to deal with. I still don't understand how it changes things if a 3% tariff now becomes a 10% tariff creating more work as a tariff already existed. He again said it depends on the product. I had to cut my discussion short for a call, but he will school me on it over beers next time we are in the same city.

So I stand corrected to a degree here.

 

[530RL]

Huh, if a tariff was already in place, why would it require more workers just because it is higher. The same work exists.

You may have to change it once in your system for multiple products, but you don't need 1000 more employees because of it. If you don't have a computer system that carries it for you, again nothing changes - The paperwork still exists. I can go in and change numbers to populate within a few minutes across the board if necessary and I would think a majority of businesses in the US can do the same.

Most companies have a CFO in charge of accounting and tax filings - Now you need another? The work remains the same - You have to file them anyway......

Well because there isn’t a tariff in place now.

 

[caribbean20]

You say you are on board while still taking shots at Trump supporters. Kind of odd right?

I enjoy discussing the substance of politics in a dispassionate manner, without insulting members of our little off road enthusiast fraternity here. This forum certainly tilts to the far right and I like to add a more moderate view at times. Don’t knowingly take shots at anyone, that’s not my thing.

 

[Activated]

Nope, Higher tariffs require more workers as it is a very large increase in regulatory burden on businesses. Someone has to fill all that paperwork out, file those tax forms, and determine the value of each item and its appropriate new tax implemented by the government.

What you have been assured is that it will result in higher prices, higher prices naturally means higher total GDP as GDP is the sum of all transactions.

Under these tax increases, you can actually have an increase in total GDP while volumes of goods sold measured in units falls.

Like in all economic statistics, people will pick the one that best supports their religion.

I thought you said you just added a line item to your invoice?

Tariff 25%

 

[530RL]

I thought you said you just added a line item to your invoice?

Tariff 25%

That’s when selling.

What about now when importing.

 

[t&y]

I enjoy discussing the substance of politics in a dispassionate manner, without insulting members of our little off road enthusiast fraternity here. This forum certainly tilts to the far right and I like to add a more moderate view at times. Don’t knowingly take shots at anyone, that’s not my thing.

All good with me.

 

[t&y]

That’s when selling.

What about now when importing.

Add another line item. Is this a trick question?

 

[j21black]

Well because there isn’t a tariff in place now.

Again reading comprehension - I said if a Tariff already exists...

I also edited my post..

 

[530RL]

Again reading comprehension - I said if a Tariff already exists...

I also edited my post..

America had very few tariffs in place prior to this, so there was little in the form of compliance. Now almost every single thing imported is now subject to a tariff. The implementation and systems necessary to comply with all that will also be interesting to see how it plays out. The big companies will certainly have the systems in place to scale, the little guy may struggle.

Existing inventory just went up in value so there is a windfall equal to the new tax enacted today. Sellers can collect the price increase without paying the tariff on existing in-country inventory. Those who built inventory can certainly bank that excess margin.

At the end of the day, it is what it is. Time to figure out how to take market share from your competitors as these types of expansion of government over capitalism creates opportunities.

 

[530RL]

Add another line item. Is this a trick question?

Unfortunately, compliance will be up to the government. They will create the systems and procedures, write rules and methodology for implementation and compliance, as well as create the rules, systems and staffing for the compliance audits of those who import goods. And then companies will figure out how to work that language in the most advantageous way possible. It is certainly good news for accountants and lawyers.

 

[was thatguy]

America had very few tariffs in place prior to this, so there was little in the form of compliance. Now almost every single thing imported is now subject to a tariff. The implementation and systems necessary to comply with all that will also be interesting to see how it plays out. The big companies will certainly have the systems in place to scale, the little guy may struggle.

Existing inventory just went up in value so there is a windfall equal to the new tax enacted today. Sellers can collect the price increase without paying the tariff on existing in-country inventory. Those who built inventory can certainly bank that excess margin.

At the end of the day, it is what it is. Time to figure out how to take market share from your competitors as these types of expansion of government over capitalism creates opportunities.

Is there any scenario where you can partially source or manufacture stateside as opposed to maintaining current avenues?

 

[lbhsbz]

So the President is just giving his base what they believe.

To be fair, Obama's supporters believed they could keep their doctor if they liked their doctor

 

[lbhsbz]

That’s when selling.

What about now when importing.

Supplier handles that shit....they get to add another line item

 

[JDKRXW]

Supplier handles that shit....they get to add another line item

Examples of how stupid this can get;

- So you get to see your supplier's profit margin as suggested above? ... unless the supplier charges the tariff on their selling price and pockets the tariff on profit.
- They can come up with a 'blended tariff' percentage on everything they supply and add it to every invoice.

 

[530RL]

Examples of how stupid this can get;

- So you get to see your supplier's profit margin as suggested above? ... unless the supplier charges the tariff on their selling price and pockets the tariff on profit.
- They can come up with a 'blended tariff' percentage on everything they supply and add it to every invoice.

What about something that goes across the border multiple times as value added processes get added to it. When is it tariffed, what value, each time, only at final crossing? And if it goes through multiple processes in multiple jurisdictions that now all have different tariffs? How about transfer pricing studies to value this item versus another item, in this subsidiary versus another subsidiary. What are the income tax consequences in each jurisdiction I do business in with all these new tariffs?

And then where does one invest new plant or new Capex given these can change at any time.

With respect to the compliance, do I subcontract this regulatory compliance out, or do I sign leases, buy systems, train employees and do it in house? What if I invest and then the rules are suddenly changed making that investment no longer pencil?

These new regulations and tax increases will be very interesting as they sort all this out. What games can be played? Who will it make winners, who will it make losers?

 

[Racey]

Lol the amount of strawmanning in this thread is more than a liberal accusing a conservative of being a racist

 

[t&y]

Lol the amount of strawmanning in this thread is more than a liberal accusing a conservative of being a racist

I'm waiting to hear, "Just think about the children!"

 

[530RL]

I'm waiting to hear, "Just think about the children!"

Maybe we can put them to work in a new US plant.

 

[Racey]

Maybe we can put them to work in a new US plant.

Yore the one always complaining about a lack of available skilled labor....

 

[530RL]

Yore the one always complaining about a lack of available skilled labor....

The small hands are best for micro electronics.

 

[Racey]

The small hands are best for micro electronics.

We'd be alot better off if we made it easier to hire kids as young teenagers than to wait until they are 16-18 and then toss them to the wolves.

All the successful people that i grew up with started working for their parents businesses when they were 13 or so, gave them a massive head start in just learning how to act in a professional environment, most people don't have that opportunity as most businesses won't hire until 18, some will hire at 16....

We have a school system that teaches kids nothing practical, and a business regulatory system that prevents them from getting real world experience during formative years....

And then we have old timers bitching about their ability to work...

Welcome to clown world

 

[Canuck 1]

I'm good with that. So do you believe Trump is making up his statements regarding the U.S.A. subsidizing Canada? How about we stop all subsidizing across the board, either benefiting Canada or the U.S.A. Like you said, just shut it all down.

Trump is full of shit on this one, our economies are so intertwined that there is no simple way to separate them. Buying more stuff isn't a subsidy just as telling partial truths isn't the whole truth.

Yes, close the border tight, all the lies and bullshit will rise to the top real quick.... on both sides of the line

 

[t&y]

Trump is full of shit on this one, our economies are so intertwined that there is no simple way to separate them. Buying more stuff isn't a subsidy just as telling partial truths isn't the whole truth.

Yes, close the border tight, all the lies and bullshit will rise to the top real quick.... on both sides of the line

I like it. Shut down the borders and fend for yourself.

 

[Sandlord]

Liberals love taxes
Liberals say the tariffs are taxes
Liberals now say they hate tariffs? WTF?
Liberals don’t really hate tariffs.
Liberals really just hate Trump.

Businessman says capitalism is about making profits.
Businessman says he’ll make more profit if tariffs are implemented
Businessman says he hates tariffs? WTF?
Businessman doesn’t really hate tariffs.
Businessman really just hates Trump.

 

[t&y]

Liberals love taxes
Liberals say the tariffs are taxes
Liberals now say they hate tariffs? WTF?
Liberals don’t really hate tariffs.
Liberals really just hate Trump.

Businessman says capitalism is about making profits.
Businessman says he’ll make more profit if tariffs are implemented
Businessman says he hates tariffs? WTF?
Businessman doesn’t really hate tariffs.
Businessman really just hates Trump.

I think Trump needs to give a speech supporting all the Libturd talking points and see how fast their heads explode.

 

[530RL]

I like it. Shut down the borders and fend for yourself.

Trade or Invade.

The oldest axiom of man.

 

[Sportin' Wood]

Is there any scenario where you can partially source or manufacture stateside as opposed to maintaining current avenues?

I can think of many examples, but I'm not a logistics or finance expert.
Seems advantages to ship raw material or WIP across and final assemble in the US as opposed to shipping finished goods.

I'm also guess bootlegging might become popular again in the great lakes region.

 

[530RL]

I can think of many examples, but I'm not a logistics or finance expert.
Seems advantages to ship raw material or WIP across and final assemble in the US as opposed to shipping finished goods.

I'm also guess bootlegging might become popular again in the great lakes region.

The WIP and the raw is also subject to tariffs. Absent full US vertical integration from mining to semiconductor manufacturing tariffs apply.

Thats why the US auto manufacturers are going to have to raise prices. Only 20 percent of the content is US. So even if assembled here the taxes are very high.

It would take a trillion dollars of investment according to analysts for the big 3 to become truly American made. The entire auto industry throughout the world hasn’t generated a trillion dollars of profit since the invention of the wheel.

 

[PlanB]

I like it. Shut down the borders and fend for yourself.

I second this. Canada would be crying uncle within 24 hours.

 

[t&y]

I second this. Canada would be crying uncle within 24 hours.

Well, they were talking all kinds of tough yesterday. We'll see how it plays out.

 

[Canuck 1]

I second this. Canada would be crying uncle within 24 hours.

You would be walking to work in 3 days