Tariffs

Discussion in 'Politics' started by UsualName, Apr 2, 2025.

  1. Tuxan

    Tuxan

    A lot of people say that.
     
    #421     May 8, 2025
  2. gwb-trading

    gwb-trading


    Pre UK trade deal: 10% tariffs. Post UK trade deal: 10% tariffs.


    What is in the UK-US tariff deal?
    https://www.bbc.com/news/articles/c15ng4g5g0eo.amp


    Quick Answer: Basically nothing.
     
    #422     May 8, 2025
    insider trading likes this.
  3. Buy1Sell2

    Buy1Sell2

    Trump Admin Releases Details On ‘Historic’ Trade Deal With United Kingdom
    https://trendingpoliticsnews.com/ne...historic-trade-deal-with-united-kingdom-mace/
    The agreement represents a major win for U.S. farmers and ranchers, opening up more than $5 billion in new export opportunities. That includes over $700 million in ethanol exports and another $250 million in beef and related agricultural goods. Trump stressed the elimination of non-tariff barriers that he said had unfairly discriminated against American products for years.
    The trade pact also secures streamlined customs procedures and levels the playing field in public procurement, granting American firms greater competitiveness in UK government contracts. The deal includes strong protections for intellectual property and labor, and it creates a preferential framework for aerospace manufacturers and pharmaceutical suppliers to ensure resilient supply chains for critical industries.

    Starmer framed the deal as a job creator on both sides of the Atlantic. “This is going to boost trade between and across our countries,” he said. “It’s going to not only protect jobs, but create jobs, opening market access.”

     
    #423     May 8, 2025
    smallfil likes this.
  4. Tuxan

    Tuxan

    Its not historic, it's a nothing burger. The UK accounts for 2 percent of US imports and they buy as much in dollars from the US anyway, 10 percent of their imports.
     
    Last edited: May 8, 2025
    #424     May 8, 2025
    insider trading likes this.
  5. gwb-trading

    gwb-trading

    Trump f*cks Mother's Day. Let Donald explain to your dearly beloved Mom why nobody can afford flowers this year.

    Tariffs take the bloom off Mother’s Day flowers
    https://finance.yahoo.com/news/tariffs-could-bloom-off-mother-133050949.html

    Mother’s Day is busy season for American florists. But this year, there’s an added source of stress: President Donald Trump’s sweeping tariffs, which are raising the prices of some flowers and causing some wary shoppers to pull back on spending.

    “We have to charge more, and it’s definitely affecting sales — which I totally get,” Allison Krivachek of Hydrangea Bloom in Tiffin, Iowa, told CNN. “People just don’t have the disposable income they used to.”

    Eighty percent of all cut flowers sold in the United States are imported from Colombia, Canada or Ecuador
    , according to the US Department of Agriculture. The majority of those flowers come from Colombia and Ecuador, where year-round growing climates support the floral industry. Those countries now face tariffs making it more expensive for their products to enter the United States.

    And Mother’s Day spending has dropped 14% among US shoppers as many are scaling back due to tariffs and economic concerns, according to a LendingTree survey.

    America imported approximately $2.26 billion worth of fresh-cut flowers in 2024, with Colombia accounting for 60% of the market and Ecuador following with 25%, according to US Census Bureau data.

    Debra Prinzing, founder of the Slow Flowers Society and a leading advocate for American-grown flowers, said the US floral industry was built to rely on imports.

    “Don’t like it, but that’s just the reality,” Prinzing told CNN.

    “Ridiculously different,” is how Krivachek describes this year’s price hike. Flowers such as lisianthus have doubled in price, Krivachek said, and roses are up anywhere from 10% to 50% compared to last year. She believes the price hikes are higher than what would be reflected in a 10% tariff.

    “It’s just really weird that there’s been such a jump because the tariffs aren’t that much. And I don’t know if they’re raising their prices because of supply and demand,” she said.

    As a result, she’s raised the price of her most popular Mother’s Day arrangement from $100 to $125 this year. And despite efforts to be transparent with customers, demand has taken a hit.

    “We’re down quite a bit,” Krivachek said. “We’re down about 30% year-over-year on this Mother’s Day compared to other Mother’s Days.”

    Many customers are now buying flowers to craft their own arrangements, according to Krivachek.

    The Society of American Florists told CNN florists and wholesalers across the country are adapting to the new financial pressures — much like they did during the pandemic and other supply chain disruptions.

    “While tariffs and cost increases are not welcome developments, the floral industry is remarkably resilient,” the society told CNN in a statement.

    Florists are ordering products earlier, strengthening relationships with growers and wholesalers and planning further in advance to manage costs, the society said.

    While Krivachek has felt the pressure, she’s found ways to adjust, such as by sourcing from local flower farmers.

    “I’m still going to have to import flowers,” she said. “I’m in Iowa, so there’s not a lot of variety, especially with weddings. There’s certain flowers that only you can get from Ecuador and Colombia.”
     
    #425     May 10, 2025
  6. That brought the year-to-date total for the duties up to $63.3 billion and more than 18% ahead of the same period in 2024.

    As long as everyone agrees Americans paid that $63.3 billion I ok with tariffs comtinuing...
     
    #426     May 12, 2025
  7. gwb-trading

    gwb-trading

    The Art of the Bad Deal: Trump’s Tariffs will Cost Jobs and Raise Prices for Everyone
     
    #427     May 13, 2025
  8. gwb-trading

    gwb-trading

    #428     May 21, 2025

  9. And Buy1Sell2
     
    #429     May 21, 2025
  10. Nine_Ender

    Nine_Ender

    "Volpri" had a ton of comical stuff on the Trade Wars then dropped off the site. All the stuff about Canada on this site isn't going to age well. It's amazing really how devoted some of these people are to believing in everything Trump says. He's a proven pathological liar with a short memory span.
     
    #430     May 21, 2025
    insider trading and Tuxan like this.