Has Trumps tariffs ruined your business?

[BlackLion]

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]

His policies have ruined my side marketing business - trash

[agent006140]

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]

Originally Posted by agent006140

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]

Originally Posted by BlackLion

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]

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]

Originally Posted by BlackLion

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]

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]

Originally Posted by pseudomink

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]

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]

I was asking pseudomink because it seems there is aluminium, steel, and glass business going on so that's pretty cool

[agent006140]

Originally Posted by pseudomink

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]

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]

Moody just downgraded our debts !!

[WeeWiz]

So are you guys really very unhappy with Trump? Biden was better?

[rsot]

Originally Posted by agent006140

Moody just downgraded our debts !!

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

[agent006140]

Fitch and S & P downgraded us years ago.

[rsot]

Originally Posted by agent006140

Fitch and S & P downgraded us years ago.

Ways to profit off the downgradation

[Automasters]

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]

Originally Posted by Automasters

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]

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]

Originally Posted by agent006140

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?