A very reasonable post.
What do you do?
I don't know anyone that isn't ok with some short term pain for long term gain - but when exactly does the long term gain that in our favor start?
We/ you have been paying tariffs since 2018.
Where is the industry, what is the plan, where are the incentives to invest, how do you get companies to spend billions, when the current or next guy can undo any prior deal by declaring an emergency?
It sounds like you have or had sourcing options that weren't coming from Asia.
This the first easiest step to avoid paying a tariff - just buy from a place that isnt tariffed.
When that isn't an option then you have no choice but to either eat the tariff or pass it on, usually with an added bump because now you have to carry the cost and burden of tracking and carrying the money so typically X % gets bumped.
Is it to much to expect to see a plan or some movement on the " gain" part?
According to this place I should have zero expectations of actual performance and be hunky dory with runaway taxation.
There clearly wasn't a plan do anything but spend the money because we haven't seen a plan through three administrations now.
This group is making excuses for the lack of performance and I diverge with them on this expectation.
I understand how you feel there isn't a plan but Trump has laid out the basics. I really think the issue is they (the administration) underestimated the push back this time around especially from China. China will grumble their economy and imo already has done ton's of damage to prove a point. They seen it during his first administration and he campaigned pretty hard on it also so they all knew it was coming from day one which is really making me scratch my head why they are holding out so much.
We have been paying tariffs since 2018 but then covid hit and all the free money come in so naturally people complained more about shipping costs on containers and shortages and nothing on tariffs because business was good, in fact it was great. Biden admin comes in doesn't lift any of Trumps tariffs but again everyone was focused on "inflation" not tariffs and business was still decent for the most part.
I believe 2024 was when everyone really started feeling it all to be honest.