I'm not American, but tariffs to fix import issues is pretty stupid.
This is the capitalist dream, export all the production of the goods you use daily to third world countries, who will have shit labor practices like the US used to have when slavery was a thing (and bluntly, for quite a while afterwards), so that the boots-on-the-ground laborers that produce everything are either treated like slaves or literally are slaves, then import the raw material to be manufactured into whatever you're selling in the US, so you can slap a "made in the USA" sticker on your shit to enhance sales and charge more. Meanwhile "made in the USA" doesn't and shouldn't imply that there's no imported goods going into the manufacturing process to make that thing, just that you took raw materials (from wherever) and made this thing in the USA.
Tariffs unduly harm end consumers, pretty much everything we buy and own is, or has components that are, imported shit.
Most microchips, a large amount of the food we eat, most electronics, pretty much everything you'll find at a dollar general, etc (the list is very very long)... all imported in whole or in part.
Hell, there was a time that it was more economical to have your raw materials, even if they're mined/harvested/produced in the USA, shipped overseas for assembly by slave labor, then shipped back for sale to the US public, than to have it assembled inside the US. Much of that is still true. The US neither has the manufacturing capacity, nor the desire to build their own shit. The only time that's not the economical option is for large cost (and scale, either in size or money) items, like housing or vehicles. Assembly generally happens in the country/landmass where the vehicle will be sold and used. Even a company like Toyota, a Japanese brand, will have assembly plants in the USA for cars sold in the USA, because that's cheaper than importing hundreds of vehicles. For everything else, it's generally cheaper to assemble it outside of the country and import the final product.
You think process are high now? Wait until the tariff wars really kick off.
No company is going to accept the costs of tariffs and be okay with that eating their profits, they're passing that cost into consumers, because we're the saps that are still going to buy it.
When the tariffs come down, and they will eventually, prices will drop, but not to where they were from before the tariffs. Companies will continue to post record profits, justifying not giving raises because tariffs, and wages will remain stagnant. We'll earn less, while they rob is for more than they already do.
The worst part is that when the tariffs are lifted, we'll thank them for lowering the prices by buying more of their shit. We'll be grateful for the opportunity to pay even more into their profit margins.
Congratulations, you're experiencing late stage capitalism. The system is working as intended. You are poor, you remain poor, barely able to scratch out a living, while your owners profit more and more off of your hard work, and you get to thank them for that opportunity.
I don't want to live on this planet anymore.
Most competent governments think like this goose because their believe in rules based order and systems. Trump doesn't ascribe to that view and I think he will make a sweeping change and will personally govern exceptions until it suits himself and his base. Hopefully that mangment consumes his time enough to make him less effective.
It sure would help if Americans weren’t generally ignorant about uh… tons of stuff and especially anything that involves other countries. All sorts of fruits and vegetables are imported - green beans, cucumbers, squash, tomatoes, lettuce, berries, bananas, onions, cauliflower, broccoli, eggplant. And then at the same time, the Trump bros want to crack down on groups of people who make up a large portion of the domestic agricultural workforce? It’s difficult to see some conservative policies as intended to do anything other than just fuck people over and cause chaos.
Well, the US turning into a banana republic will at least solve the problem for bananas.
I just remembered that Coca-Cola requires denatured coca leaves from South America.
So enjoy that $8 Coke can, America
Rabbit hole time.
Apparently, caffeine in soft drinks is synthetic. I thought they just used caffeine that is extracted from decaffeinating coffee beans - not so. Also it's barely produced in the US (anymore), and we mostly import it from China.
Neat part is: it doesn't look all that complicated to synthesize and requires some common-ish organic compounds and solvents to make. As a bonus, the "the raw synthetic caffeine often glows - a bluish phosphorence". If anyone is on his Patreon, please give NileRed a nudge to give this a shot; I think it would be right up his alley.
So we can get by without coffee, but short of running your own chemistry lab, it's going to be a bit before industry can ramp up production of the synthetic stuff. Meanwhile, caffeinated beverages across the board would be more expensive were synthetic caffeine a part of any tariff scheme.
More here:
I work at a small, premium pet food manufacturer. People already complain about our prices. While most of our ingredients are sourced domestically, specialty meats are not. Lamb, duck, venison, goose, etc. going up will dramatically raise our prices.
Many of our products are chicken, pork, or beef-based, and these ingredients are sourced domestically. The fun twist is the rise in popularity of breeds and designer mixes that are predisposed to ingredient sensitivities or allergies. Many of these breeders advise against chicken or beef in these dogs' foods.
You'd think people spending 3-9 thousand dollars on puppies would be in a position to afford special diets, but my experience says otherwise. It's about to get a lot worse.
We're lucky, in that we're one of the few brands who utilizes mostly domestically sourced ingredients. I would expect pet food to jump generally, which doesn't bode well for the increased pressure shelters and rescues are already facing.
All this insecurity about tariffs has me hoping he have a Boston Tea Party situation. If I recall the story correctly, they threw the expensive British Tea overboard to protest the tax.
Similarly, I also recall a sugar tax, and either an ink or paper one: basically, I hope I can see something similar to see there's still a small piece of American values from our ancestors (not the twisted Conservative heaven MAGA wants, but on the American dream of freedom, liberty, and justice for ALL.)
No Taxation Without Representation!
I am kinda surprised the banana country authorities let this happen at all
As a non-drinker of coffee, I am fully onboard with raising the price of coffee. Everyone is far too addicted to it and drink excessively to an unhealthy amount. Less coffee would be better for general health. Same for chocolate, as I saw someone else mention.
Too bad Trump doesn't care about that and doesn't actually have any plan in mind for this kind of economic policy for the welfare of the people.
A LOT of food sold in the US are imported.
About a year of shelf storage life for green whole unroasted coffee beans.
Been thinking about them beans
Get yourself a few bottles of caffeine pills. They're really cheap and might get you through some tough times
I'm sure the fuckface is going to only tariff countries and products he doesn't like, that saidF we have no idea if Mr. KFC drinks coffee or andrenochrome (joke) my guess is he hates mexico so coffee is getting taxed and things like monster and coke are gonna be the only caffeine available. Start growing coffee folks.
So then what companies should be formed in the US to give its citizens a chance at affordability of breathing in this life ?
Not something Daniel Suelo buys
