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what is all this tariff business? Good article:
Tariffs come in as a trigger for domestic industrial revival. The thinking is: by making imports expensive, you create room for U.S. producers to step in But here’s the problem: American factories can’t scale up overnight.
So in the short term, consumers will face higher prices.
The administration knows this.
That’s why they’re front-loading the pain now, betting that by 2026, the benefits will be visible.
In the meantime, they’re offering some near-term relief.
Tax cuts have already been floated to help offset the cost burden on households.
And while risky, currency devaluation may follow later to make imports cheaper without lifting tariffs.
https://threadreaderapp.com/thread/1907880105369845865.html
Tariffs come in as a trigger for domestic industrial revival. The thinking is: by making imports expensive, you create room for U.S. producers to step in But here’s the problem: American factories can’t scale up overnight.
So in the short term, consumers will face higher prices.
The administration knows this.
That’s why they’re front-loading the pain now, betting that by 2026, the benefits will be visible.
In the meantime, they’re offering some near-term relief.
Tax cuts have already been floated to help offset the cost burden on households.
And while risky, currency devaluation may follow later to make imports cheaper without lifting tariffs.
https://threadreaderapp.com/thread/1907880105369845865.html
That clip shows exactly why most Americans are lost when it comes to economics. The stupid shall be punished.
https://www.bizjournals.com/stlouis/new ... tifel.html
Stifel seems to think the tariffs are not going to stay in place long term.
“It’s a huge step, but the President is transactional. He carpet bombs first and negotiates second, and that’s what we’re seeing…This tariff situation is not the new normal,” Kruszewski, of the St. Louis-based investment bank, told CNBC anchor Kelly Evans.
Stifel seems to think the tariffs are not going to stay in place long term.
“It’s a huge step, but the President is transactional. He carpet bombs first and negotiates second, and that’s what we’re seeing…This tariff situation is not the new normal,” Kruszewski, of the St. Louis-based investment bank, told CNBC anchor Kelly Evans.
All these talking heads keep hoping common sense will prevail and I'm just not sure.Auggie wrote: ↑Apr 08, 2025https://www.bizjournals.com/stlouis/new ... tifel.html
Stifel seems to think the tariffs are not going to stay in place long term.
“It’s a huge step, but the President is transactional. He carpet bombs first and negotiates second, and that’s what we’re seeing…This tariff situation is not the new normal,” Kruszewski, of the St. Louis-based investment bank, told CNBC anchor Kelly Evans.
- 1,797
If Ronnie’s position is correct, why did Trump slap 10% tariffs on dozens of countries that have no tariffs on US goods? What is there to negotiate with Uruguay?
I also once thought that he'd pull back on the tariffs and we've seen the last couple of says how much hope there has been on Wall Street that they'll delay or walk them back or come to some magical deal to rescind, but that just doesn't appear to be happening.
Eventually, Wall Street will realize it's here for at least a while and we'll see more massive drops like we saw last week.
It's some of the most brain dead policy decisions ever made in this country's history, so I can't really blame the cope or hope on CNBC because these decision make zero sense on any level.
Eventually, Wall Street will realize it's here for at least a while and we'll see more massive drops like we saw last week.
It's some of the most brain dead policy decisions ever made in this country's history, so I can't really blame the cope or hope on CNBC because these decision make zero sense on any level.
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The argument that America needs to reshore an enormous amount of its industrial needs due to incoming demographic collapses among its largest trading partners can be made. But Tariffs is the stupidest way to do it.
- 2,419
I agree with the notion that we should bring some of those jobs back, but you can't do it overnight.
It will takes years, decades even, to build the infrastructure -- the factories, the supply chains, etc.
It will takes years, decades even, to build the infrastructure -- the factories, the supply chains, etc.
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Tariffs come in as a trigger for domestic industrial revival. The thinking is: by making imports expensive, you create room for U.S. producers to step in
But here’s the problem: American factories can’t scale up overnight.
So in the short term, consumers will face higher prices.
The administration knows this.
That’s why they’re front-loading the pain now, betting that by 2026, the benefits will be visible.
In the meantime, they’re offering some near-term relief.
Tax cuts have already been floated to help offset the cost burden on households.
And while risky, currency devaluation may follow later to make imports cheaper without lifting tariffs.
https://threadreaderapp.com/thread/1907 ... 45865.html
But here’s the problem: American factories can’t scale up overnight.
So in the short term, consumers will face higher prices.
The administration knows this.
That’s why they’re front-loading the pain now, betting that by 2026, the benefits will be visible.
In the meantime, they’re offering some near-term relief.
Tax cuts have already been floated to help offset the cost burden on households.
And while risky, currency devaluation may follow later to make imports cheaper without lifting tariffs.
https://threadreaderapp.com/thread/1907 ... 45865.html
Tariffs are also pretty much the worst way to do it as well. You need a well thought out plan that maybe includes some relatively low tariffs on a specific product or sector but also federal subsidies into the domestic production of whatever product you want to "bring back".RockChalkSTL wrote: ↑Apr 08, 2025I agree with the notion that we should bring some of those jobs back, but you can't do it overnight.
It will takes years, decades even, to build the infrastructure -- the factories, the supply chains, etc.
There's also a major differnece between something like ship manufacturing and clothing manufacturing.
- 1,797
The pain of high-paced reshoring will last for at least a decade, probably more like 15 years.chris fuller wrote: ↑Apr 08, 2025Tariffs come in as a trigger for domestic industrial revival. The thinking is: by making imports expensive, you create room for U.S. producers to step in
But here’s the problem: American factories can’t scale up overnight.
So in the short term, consumers will face higher prices.
The administration knows this.
That’s why they’re front-loading the pain now, betting that by 2026, the benefits will be visible.
In the meantime, they’re offering some near-term relief.
Tax cuts have already been floated to help offset the cost burden on households.
And while risky, currency devaluation may follow later to make imports cheaper without lifting tariffs.
https://threadreaderapp.com/thread/1907 ... 45865.html
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And probably at least that amount of time to be able to try to attract back the immigrants needed to perform a lot of the more menial task associated with low level manufacturing.JaneJacobsGhost wrote: ↑Apr 08, 2025The pain of high-paced reshoring will last for at least a decade, probably more like 15 years.chris fuller wrote: ↑Apr 08, 2025Tariffs come in as a trigger for domestic industrial revival. The thinking is: by making imports expensive, you create room for U.S. producers to step in
But here’s the problem: American factories can’t scale up overnight.
So in the short term, consumers will face higher prices.
The administration knows this.
That’s why they’re front-loading the pain now, betting that by 2026, the benefits will be visible.
In the meantime, they’re offering some near-term relief.
Tax cuts have already been floated to help offset the cost burden on households.
And while risky, currency devaluation may follow later to make imports cheaper without lifting tariffs.
https://threadreaderapp.com/thread/1907 ... 45865.html
- 1,797
The Chinese retaliatory tariffs portend bad things for our port and port workers. Sad.
And Trump paused the tariffs for 75 countries 
Just back and forth back and forth.
Just back and forth back and forth.
- 1,610
Makes it fun for those of us working in international manufacturing planning & financialsAuggie wrote: ↑Apr 09, 2025And Trump paused the tariffs for 75 countries
Just back and forth back and forth.
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How much bureaucratic BS paperwork was just required and monies spent then thrown in the trash over the last month?
Gotta be thousands of pages, now on hold?
[ this is in regard to the tariffs not STL city govt LOL}
Gotta be thousands of pages, now on hold?
[ this is in regard to the tariffs not STL city govt LOL}
- 1,797
The massive increase in the Chinese tariffs wipes out a lot of the value of the pause on the 77 other countries.
He blinked again on phones, computers, and chips. What have we gotten so far besides chaos?
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according to a clip online, some of Trumps buddies made a bunch of money on stock. Bought low and sold high.quincunx wrote: ↑Apr 12, 2025He blinked again on phones, computers, and chips. What have we gotten so far besides chaos?