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-   -   Has Trumps tariffs ruined your business? (https://www.aspkin.com/forums/everything-else/153612-has-trumps-tariffs-ruined-your-business.html)

BlackLion 05-11-2025 01:36 PM

Has Trumps tariffs ruined your business?
 
With 145% import taxes, it makes it nearly impossible to profit on things, however if upcoming talks gets everything under 60% that'll be cool, but still not great.

rsot 05-11-2025 01:59 PM

Re: Has Trumps tariffs ruined your business?
 
His policies have ruined my side marketing business - trash

agent006140 05-11-2025 08:17 PM

Re: Has Trumps tariffs ruined your business?
 
We will find out tomorrow morning.
Trump said 80% is good,we shall see.
Neither party looks too thrilled,just said it is substantial progress,whatever it means.
You can watch the Chinese press release on Youtube,English subtitle.
My business has slowed down to almost zero sales,but I cant blame Trump,it starts months ago,it has to do with non discretionary items prices keep rising-insurance,food,rent,services.
These days I get low ball offers,people want to buy my stuff cheap and mark it up to sell at a higher price !

rsot 05-12-2025 08:31 AM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by agent006140 (Post 1257217)
These days I get low ball offers,people want to buy my stuff cheap and mark it up to sell at a higher price !

If money is needed, you might have to cave in

SaiJin 05-12-2025 10:07 AM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by BlackLion (Post 1257211)
With 145% import taxes, it makes it nearly impossible to profit on things, however if upcoming talks gets everything under 60% that'll be cool, but still not great.

he claimed 30% now.... but still tarrif is basically the gov profiting from YOU.
For a lot of business that makes 10% - 50% profit, this is still a killer.

BlackLion 05-12-2025 12:50 PM

Re: Has Trumps tariffs ruined your business?
 
This is why I wish I never procrastinated in life. I could be retired by now with all the knowledge I have that I never used.

rsot 05-13-2025 05:50 AM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by BlackLion (Post 1257235)
This is why I wish I never procrastinated in life. I could be retired by now with all the knowledge I have that I never used.

Never too late to get in the game - block out the distractions and negative energy sucking activity

pseudomink 05-14-2025 05:44 PM

Re: Has Trumps tariffs ruined your business?
 
I’ve got huge tariffs on aluminium, steel and glass for US clients which we are exporting too.

The crazy thing is some of these are government contracts so ultimately it’s the US taxpayer paying for it, as I invoice them the cost as an addition invoice line.

Insane.

rsot 05-15-2025 07:19 AM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by pseudomink (Post 1257290)
I’ve got huge tariffs on aluminium, steel and glass for US clients which we are exporting too.

The crazy thing is some of these are government contracts so ultimately it’s the US taxpayer paying for it, as I invoice them the cost as an addition invoice line.

Insane.

Any alumimium, steel and glass business in Canada?

agent006140 05-15-2025 03:35 PM

Re: Has Trumps tariffs ruined your business?
 
We in US import aluminium from Canada.
And lets not talk about copper,we mine copper but Rio Tinto is the only one which has a refinery.

rsot 05-16-2025 07:54 AM

Re: Has Trumps tariffs ruined your business?
 
I was asking pseudomink because it seems there is aluminium, steel, and glass business going on so that's pretty cool

agent006140 05-16-2025 04:03 PM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by pseudomink (Post 1257290)
I’ve got huge tariffs on aluminium, steel and glass for US clients which we are exporting too.

The crazy thing is some of these are government contracts so ultimately it’s the US taxpayer paying for it, as I invoice them the cost as an addition invoice line.

Insane.

It does nt matter if it is govt or private enterprise,they will all be passed on to the consumers.
BTW,government units are supposed to source locally ?

SaiJin 05-16-2025 05:20 PM

Re: Has Trumps tariffs ruined your business?
 
and this guy just opened the doors for greedy businesses to increase prices and NEVER decrease it again even if tarrifs were to be back to 0%

agent006140 05-16-2025 07:08 PM

Re: Has Trumps tariffs ruined your business?
 
Moody just downgraded our debts !!

WeeWiz 05-17-2025 09:19 AM

Re: Has Trumps tariffs ruined your business?
 
So are you guys really very unhappy with Trump? Biden was better?

rsot 05-17-2025 09:48 AM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by agent006140 (Post 1257376)
Moody just downgraded our debts !!

pfft Moody's - should have downgraded USA ages ago - it's a moot point :FF:

agent006140 05-18-2025 09:37 AM

Re: Has Trumps tariffs ruined your business?
 
Fitch and S & P downgraded us years ago.

rsot 05-18-2025 11:35 AM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by agent006140 (Post 1257446)
Fitch and S & P downgraded us years ago.

Ways to profit off the downgradation :)

Automasters 05-19-2025 01:59 PM

Re: Has Trumps tariffs ruined your business?
 
He's just another idiot, like all those before him - a puppet. They never have to deal with the effects of what they do, just us peeons. Nothing ever changes, just the color tie does. He is trying to crash the economy on purpose to bring in a new system...

rsot 05-20-2025 09:41 AM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by Automasters (Post 1257486)
He's just another idiot, like all those before him - a puppet. They never have to deal with the effects of what they do, just us peeons. Nothing ever changes, just the color tie does. He is trying to crash the economy on purpose to bring in a new system...

Smoke and mirrors - the ppl who fall for the drama are the ones who will get burned

agent006140 06-04-2025 07:59 AM

Re: Has Trumps tariffs ruined your business?
 
To bring in a new system.
If it is about reducing our deficits,I am all for it.
Asking Harvard to spend its own money is a good idea,how much is Harvard's endowment fund now?

rsot 06-04-2025 08:00 AM

Re: Has Trumps tariffs ruined your business?
 
Quote:

Originally Posted by agent006140 (Post 1258240)
Asking Harvard to spend its own money is a good idea,how much is Harvard's endowment fund now?

You're good with the links and info - can you find out?


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