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surfered

(13,803 posts)
Tue Nov 26, 2024, 09:15 AM Nov 2024

Not to seem cynical here, but

..if the price of imported goods were to rise 25% due to Trump’s tariffs, couldn’t US manufacturers of similar products raise their prices, say 20%, and still be competitively priced?

Not that they would do that, would they?

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Not to seem cynical here, but (Original Post) surfered Nov 2024 OP
Well.... Macrophylla Nov 2024 #1
That's the goal. The tariffs he's proposing are in the 100%+ range. His tariffs in his last admin ... marble falls Nov 2024 #2
I have no doubt that they will Bettie Nov 2024 #3
The thing is, there aren't a lot of competing US manufacturers Ocelot II Nov 2024 #4
Hope they're ready for their guacamole price to go way up. Walleye Nov 2024 #5
If the prices shoot up. I will not purchase any overpriced item Magoo48 Nov 2024 #6
Now you are getting the ideal of the billionaires! n/t Jacson6 Nov 2024 #7
Of course!!! Tbone421 Nov 2024 #8
Predatory Capitalism Emile Nov 2024 #9
No Johnny2X2X Nov 2024 #10

Macrophylla

(201 posts)
1. Well....
Tue Nov 26, 2024, 09:21 AM
Nov 2024

The manufacturing equipment was all sold by American companies to foreign companies and shipped to where the cheap labor lives.

So after the actual manufacturing equipment and facilities are rebuilt...sure it could be done.

marble falls

(72,172 posts)
2. That's the goal. The tariffs he's proposing are in the 100%+ range. His tariffs in his last admin ...
Tue Nov 26, 2024, 09:24 AM
Nov 2024

... fucked US soybean farmers. We tariffed Chinese pork and China cancelled all soybean imports from the US. The pork tariff died a quick and unpublicized death.

Bettie

(19,787 posts)
3. I have no doubt that they will
Tue Nov 26, 2024, 09:24 AM
Nov 2024

they'll price their stuff at two or three percent below the tariff goods.

Of course, the end cost of tariff goods will be more than 25%, it will be 40 or 50% since the store will be able to raise their margins as well. So, the non-tariff goods can raise theirs by 35% and still look like "a good deal.

Ocelot II

(130,850 posts)
4. The thing is, there aren't a lot of competing US manufacturers
Tue Nov 26, 2024, 09:26 AM
Nov 2024

of the kinds of goods that we import. We don't make most of the electronic components that we import from China and couldn't do it for what it costs Chinese companies to make them. We can't grow enough wood for residential construction to make up for Canadian imports, and we can't grow the a lot of the produce we import from Mexico at all. The purpose of tariffs is to allow US manufacturers to compete with cheaper foreign imports, so most of the time they will be carefully targeted at a particular product that the US also produces. What Trump is trying to do is punish trading partners with blanket tariffs that are completely unrelated to what he wants to punish them for, and it's just galactically stupid.

Magoo48

(6,723 posts)
6. If the prices shoot up. I will not purchase any overpriced item
Tue Nov 26, 2024, 09:54 AM
Nov 2024

unless it directly effects my family’s health. No fucking luxury shit. No non essential food. Not a fucking thing.

Just one of my ways of resisting.

Johnny2X2X

(24,320 posts)
10. No
Tue Nov 26, 2024, 10:25 AM
Nov 2024

Many of these importers are running on tight budgerts, especially tier 1 auto suppliers. They actually incur more risk with 25% tariffs, so they will mark it up from there. So a 25% tariff might result in a 30% price increase.

But again, Wall Street doesn't think these tariffs are happenign yet, so let's not get ahead of ourselves.

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