TACO trump................China knows what there doing and there not going to get rolled like some countries
Those other countries do not have signed deals and are not bound to whatever random thing Trump says at press conferences.
Trump is still too afraid to mention that China, in continuing to be the largest buyer of Russian oil, has been in violation of the US sanction on Russia
Small US Companies Will Also Get Clobbered by Trump 2.0's Tariffs The US Chamber of Commerce estimated this month that the country has about 236,000 small-business importers—those with fewer than 500 employees. In 2023, the goods they bought from abroad were worth more than $868 billion. They now face a combined annual tariff hit of $202 billion and are finding it difficult to navigate all the red tape required to comply with the president’s levies (the legality of which is yet another variable, given ongoing litigation). For example, the latest tariff numbers from the White House, ranging from 10% to 50%, brought with them a need for business owners to increase customs bonds—guarantees they must buy from surety providers to ensure the government receives its tariff revenue, other taxes and any potential penalties.
Just like he has been too afraid of slapping bigger sanctions on Russia. He wants so bad to be admired and respected by Putin, and Putin has always used that to his advantage.
Still low inflation -- great CPI numbers this morning! Economists proven wrong again by Trump. A true leader. Tariffs are bringing in huge revenue to the country, resetting the global terms of trade in favor of the USA, and not adding to inflation. Amazingly successful. GOOD DAY Consumer prices rise 2.7% annually in July, less than expected amid tariff worries The consumer price index was projected to increase 0.2% in July and 2.8% for a year ago on headline, and 0.3% and 3% on core, according to the Dow Jones consensus estimate. https://www.cnbc.com/2025/08/12/cpi-inflation-report-july-2025.html
Failed US businesses will follow in the wake of Trump's Tariffs. This will be one of many Trump Legacies.
So-called core inflation, a measure or CPI that excludes food and energy prices (which are more volatile), rose by 3.1% over the past 12 months, the highest level in five months. Economists polled by FactSet had predicted a 3% increase for that measure. https://www.cbsnews.com/news/cpi-report-july-2025-inflation-trump-tariffs/
Inflation was 2.7% including food and energy -- lower than expected. Food and energy inflation were less than 3.0% (low). Remember Biden gave us 9.0% inflation. Investors are loving it as the stock market reached more all time highs today. GOOD DAY
Difference being that when we had inflation under biden every developed country in the world saw similar inflation while now the only developed country thats seeing its inflation rise is USA due to tariffs Why do you low iq cultists cultists lie all day? You know most of us arent brainwashed like you?
This is a complete anecdotal data point, but I am now seeing noticeable price increases in my industry (food manufacturing). I run a very small factory that manufactures a pork based deli meat product. I thought I would be somewhat insulated from tariff effects since pork production in the US still all in the US, but my usual pork brand raised their prices by about 16% four weeks ago. I switched over to a different brand that hadn't raised their prices, but my supplier called me yesterday saying that the other brand is also raising their prices. So now I just have to pony up the extra cost. I also have to buy more vacuum bags and it's up 20% since my last order in January. I expected this since they're made in China. I looked into getting USA made vacuum bags and they're about 90% more expensive even after the price hike, so it's hard to justify getting the USA ones. There were occasional blips in prices in the past, but I have a feeling this one is going to stick. I am going to hold my prices for a few weeks to see if pork prices drop back because notifying all of my customers of a price increase and them having to contact all of their customers of a price increase is kind of a pain. I was way too slow on price increases back in 2021-2022 so I am not going to make that mistake again. I'll likely have to give my employees a bigger than usual raise at the end of the year to offset the cost of living increase too. We'll have to see what happens, but I can feel the momentum shifting. My distributors complains a bit more about how things are slow and I am seeing price creeps. I had to replace a broken ice maker fan motor and fan blade yesterday and it was $400 just for parts, a lot more than I expected even for overpriced OEM parts.
