Tariffs and Fentanyl??

[dustoffer]

I don't have any experience with fentanyl but it is an illegal and lethal drug and I hope it can be curtailed--but, on tariffs in general, I came to a conclusion today while eating lunch.
1. The salad was from Mexico
2. The tuna was from Senegal
3. The olives were from Greece
4. The Oreo I ate for dessert was from Mexico.

My conclusion? Food prices are going to escalate even more if the tariffs are enforced, as will car prices, and many other commodities.

And, I doubt it will have any impact on the WH or Congress—

[BrianL]

Making Americans pay 25-50% more in taxes on stuff to force Mexico and Canada change there policy is bad tax policy. IMO. Looks like someone needs a refresher course in macroeconomics.

[Greenheadless]

Making Americans pay 25-50% more in taxes on stuff to force Mexico and Canada change there policy is bad tax policy. IMO. Looks like someone needs a refresher course in macroeconomics.

If you are thinking about only the extreme short term benefits/strategy, I could see this.

[bloodtrailer28]

How many here think that Trump would be willing to risk crashing the economy on his watch over some dang Fentnyl? No way. He legally can’t do anything that interferes with the NAFTA agreements unless it poses a national security threat, therefore the Fentanyl “Threat” is why we keep hearing about fentanyl. I heard someone from his cabinet say the pretext for tariffs may change in April. I think these tariffs are a super dumb idea, and his back and forth, on and off, with them is freaking the markets out.

Man we sure missed all your insight during the 4 years of your president's term. We've seen more posts from you in the last month than we had the last 4 years....I wonder why?!

[bloodtrailer28]

If you are thinking about only the extreme short term benefits/strategy, I could see this.

Yes sir..people sure are short sighted these days! I'm sure we'd be better off with Kamala at the helm!

[M16]

Man we sure missed all your insight during the 4 years of your president's term. We've seen more posts from you in the last month than we had the last 4 years....I wonder why?!

😂😂😂

[Dusty Rivers]

Unless the tariff is on fentanyl imports there wont be a direct effect. There may be a secondary effect of tariffs if used as a negotiation tactic to force Mexico to stop fentanyl trafficking in order to avoid the additional costs caused by the tariffs on other goods.

[powderburner]

Its the power play. We will do this if you do not do what I say. Stop the passive, playacting and show me that you are going to do something or I will tax the crap out of anything that we get from you.

Money talks and this just shows how much power the buyers have. We use everything that others can provide. Yes we can get it here but why waste the resources. When it comes down to the end it will be here and not anywhere else. Others offer cheap labor use it. Offer their resources.. use it. Then when they run out we have it.

Problem is when we do not have the money, infrastructure, or whatever we will be worse off and no way to dig out of the hole that has been created.

[BrianL]

If you are thinking about only the extreme short term benefits/strategy, I could see this.

Many of the biggest tariffs are on US companies that produce in those countries. In most cases i have seen, there isn't a comparable domestic product that you can easily substitute, which is needed for the tariffs to be effective. There are cases where tariffs are good IMO, like when Trump put tariffs on China when they were dumping cheap steel in US markets. This isn't the same type deal IMO

[powderburner]

My company manufactures electrical devices in the US. We built 4 new plants last year. We have also expanded our plants in MX. Price is the same for a US based product or MX made product. But these tariffs will cause a price increase for all products no matter where they are made.

My 3 major competitors also have a similar foot print and therefore will will all raise prices.

While another competitor is out of Korea. They do not face these increases and will be able to sell a product at a much lower cost.

They get the jobs. We lose the jobs. Plants do not have work and layoffs come.

[PondPopper]

The bottom line is this country is bankrupt and sinking fast. We have been getting hosed every way imaginable, including by many of our own elected officials..
We are in dire straits and no one is coming to save us. No one!!
Trump is a businessman. He knows how to save it but at this point the options are going to cause some big upsets. He sees this and he is trying to right the ship. He has assembled a team to just that. Putting Elon over DOGE was genius.
Trump is not trying to deliberately crash the economy like I read in a post above. SMH.

[PondPopper]

And then you add US grown produce, seafood and then you quickly get the picture that we are relying on foreign imports for a huge percentage of life sustaining necessities.
While these same industries in this country are all but gone.
Take a ride down to the valley and tell me how many citrus or sugar cane farms you see today.

[Greenheadless]

Many of the biggest tariffs are on US companies that produce in those countries. In most cases i have seen, there isn't a comparable domestic product that you can easily substitute, which is needed for the tariffs to be effective. There are cases where tariffs are good IMO, like when Trump put tariffs on China when they were dumping cheap steel in US markets. This isn't the same type deal IMO

That’s not what the tariffs were intended for, so not following how domestic production is needed to make them productive?

[Greenheadless]

My company manufactures electrical devices in the US. We built 4 new plants last year. We have also expanded our plants in MX. Price is the same for a US based product or MX made product. But these tariffs will cause a price increase for all products no matter where they are made.

My 3 major competitors also have a similar foot print and therefore will will all raise prices.

While another competitor is out of Korea. They do not face these increases and will be able to sell a product at a much lower cost.

They get the jobs. We lose the jobs. Plants do not have work and layoffs come.

Until I got to the Korea statement, there for a minute I thought we worked for the same company

We are experiencing the exact same scenario. Our accounting/complainace folk’s have their hair on fire trying to keep up.

[Playa]

That’s not what the tariffs were intended for, so not following how domestic production is needed to make them productive?

How do you think tariffs work then?