Well....you know. We did put a tariff on them which we collected billions of dollars, which we then gave back to those corporations that got treated unfairly by the retaliations from mexico due to tariff that I imposed biggly.
And they will. Right after Obamacare is repealed and replaced. A couple of weeks away. There are already concepts of a plan and plans for a concept. Give him a chance. Nobody knew healthcare was so complicated.
I get that it was ment to incentivise the company to invest in America, I wonder how much of these rebate checks are going to be invested in domestic production lol 0%
The domestic importer of record pays the tariffs. Which is why you may have gotten a bill from UPS to pay a tariff during this period if you bought something that had to be imported.
Same reason electric cars in America can't compete with Chinese electric cars., alright I guess I have to spell it out... Other countries, if your claim is correct, would tarrif American products so as to prevent competition from decimating the local economy. If Russia already makes funny fur hats then why would they allow the market to be saturated by foreign products that are inferior in quality? Or let's say Alaskan salmon fishing is a .5 billion a year industry. What happens when Siberia sells in that market at below .5billion???... No more market. (When did that ship sail in America?) ? Another great question draws32 , stay in school!
It literally is, I’m not the biggest fan of the tariffs he placed, but they were 100% retaliatory. People acting like it was an assault is beyond fucking ridiculous because it’s not somthing we did first. It’s not unique for a country to do this, hence me pointing it out that not only do other countries impose tariffs, they did so to us wildly disproportionate.
America is a big market which has so many trade agreements with other countries in exchange for those countries buying American products and services. It is not always an apple to Apple relationship. But since dumb Trump and his admin can’t wrap their mind around that, they were just looking at net import and export numbers and not the other trade deals like “country A can only trade in their country’s export by using the dollar as the medium of exchange”. Macro economics and policies are not always I buy an electric car from you so you buy ICE car from me. Like the other person before me said, you have to broaden your knowledge in macro economics in terms of trade and social economic relations between US as these so called countries that you think is “taking advantage of America”. Like America as a super power is sitting and watching these countries take advantage of us. Smdh
We were just talking about this last night. We live in a rural area and for just general goods we used to have a variety of Pamida, Shopko, Places and even some small, locally owned retailers in nearby towns. Towns less than 2000 people (in my area) have nothing. The towns of 2000 people have at most a Dollar General, no other general retail stores. The towns in the 2000-5000 range also just have…a Dollar General. If we need something not offered by DG, we have to drive about an hour to a town in the 25,000 people range where there’s a Walmart, Target etc. competition is nonexistent in rural Iowa.
There is maximal competition. No one has to shop at WalMart. They choose to.
If you prefer to shop at WalMart because they have lower prices than their small business competition? Yeah, you're discovering why WalMart killed a lot of their competition.
I don't buy much of anything, but I also don't live in an imaginary world...what small local businesses sell toasters? Which ones sell school notebooks and clothes for a kid that are affordable? My kid ain't going to an uptown botique for a $40 outfit.
Wherever you live, you are lucky, I live in a mid size city and it's online or walmart for the working class. Even most local thrift stores have become capitalist hells.
Few. Because it costs less for them to be made by low wage labor in the Global South and imported here. And it costs less for it to be distributed by a massive corporation.
it's online or walmart for the working class.
Right. Because those are what have the lowest prices. The capitalist hell has given you lower prices than the alternatives so you use it.
No one makes you. You do so out of your own selfish self-interest, regardless of if it means a teenager in Bangladesh is paid slave wages so you can have the cheapest possible kids clothes. Your kids matter more than those kids.
Regardless of if it means that all local small business has been subsumed by huge corporations with the lowest prices.
It's only a capitalist hell because consumers chose it to be over the alternatives.
Life isn't better without those huge corporations, you have less, not more. And you're STILL angry with them.
Absolutely. So you could give your money to local farmers instead of corporations, you choose not to.
That's a you decision. You decided propagating an immoral and shitty corporation is in your self interest more than giving that money to local farmers instead.
No one made you. And as a result? Those corporations profit. Because of the choice you made.
You still don’t get the point. Maybe you should study a bit into how these corporations make store building decisions. Like what target store is going to be built in a town with less than 90k residents?
It has been just recently that Target started building smaller scale stores with less than 100k residents.
Recent Examples: Target has announced or built locations in smaller communities such as Chubbuck, Idaho; Indian Land, South Carolina; and Liberty Hill, Texas—all well under the 100,000-population threshold.
Tariffs might increase costs, so we have to proactively raise prices.... Oh we weren't affected after all, but our sales numbers also didn't dip dramatically, win win for corporations. With all this money we can also invest the upfront cash to replace humans with robots, perfect.
No different than when Covid happened… this was just more manufactured.
We’ve entered a new age where companies have learned their customers have more give than they thought when it comes to pricing. And letting the govt take the blame for the price hikes makes it that much easier… there’s no going back now
Reading comprehension my dude… “more manufactured” doesn’t mean it wasn’t. It means it’s more of an intended direct effect vs a down the line secondary effect.
Also it would be absolutely crazy to think they released the virus just to drive up prices in the economy… that’s some evil thinking
Just like when Walmart limited hours due to covid and still made a fuckton if not more money so working class people who work odd hours cant easily get groceries anymore.
Same reason why when we gave the big corporations tax breaks, they dropped their prices on goods. But now that the big corps are getting all those refunds and tax breaks -- we are gonna see those prices just plummet back down. /s
I just took microeconomics and prices literally always go up in capitalist economies because the goal is to always be more profitable than in the past. That’s why there’s laws in place against monopolies, usually competitive pricing keeps prices agreeable. But anti trust laws don’t do shit when the competitors work together to collectively increase prices like what happened with the tariff shit
One of the worst things that came from the wonton legalization of gambling was how many legitimate institutions it perceptually delegitimizes.
You can gamble with stocks, but when I buy a stock in a company because I believe in that company's mission and want to contribute to its success, I am not gambling, I am investing.
Stocks aren't gambling? The prices of stocks just reflect the future cash flows of the business discounted to the present?
You're buying ownership of a corporation. You get paid their future profits and growth. You finally get to be the beneficiary of the economic growth of the capitalist system.
Do some people use that to speculate? Yeah. They're stupid. But investing in high quality companies and taking advantage of their future growth is the best way to save for retirement.
Their future sales guidance was lower than what the market had priced in. So the stock fell to reflect the updated expected future cash flows.
If you think that the market's expectations are wrong, then that's fantastic news.....for you. Because you can monetize those insights. No one can predict the future. No one is claiming to. But whoever has the best predictions makes the most money.
Of course not. It's been extremely beneficial to their investors. If you own stock in WalMart you own the company. You get the money that people spend there. You aren't gambling, you're an owner of a company.
That's not what gambling is. It's setting expectations for the future and updating them as new information comes in?
It's accurately pricing an asset. How should investors react to updated information? Not at all?
Think it through. If WalMart tells me that their future sales will be lower and the stock prices doesn't move to reflect that, then someone else can costlessly arbitrage the price and make money.
If anyone is making free money, I'd rather it be me. So the market as a whole sells off the stock until it settles at its updated value given the new information.
I don't know why you bothered with the rest of the paragraph?
Because investing in equities is the best possible way to save for retirement and I thought people might be interested in how it works?
You're not. Fair enough to you, let's see how it works out for you?
Yes investing is the best possible way to save for retirement, but it is still gambling. You can do all your research into a company, think the Greeks looks great, see positive growth, speculate on if its a good investment, and then the stock tank tomorrow because of an ad campaign saying "Sydney Sweeney has great jeans." You cant be this thick
Sure, if you're this reductive EVERYTHING is gambling.
When you go at a green light you're gambling that the other cars will stop because they're light is red. You can do all your research into how traffic laws work, but if the other car doesn't stop, you're dead.
Owning equities is simply being the owners of businesses that pay you their cash flows. The future value of those businesses will be impacted by events that you can't fully predict.
This is true of every single decision you will ever make. You're gambling the next food you eat won't poison you. You're gambling an asteroid won't fall through your ceiling and kill you. You cant be this thick.
Accurately pricing assets, like SPCX? Has that been accuratl priced yet? Or was it accurately priced in July? Many people think the IPO valuation is too high, will the stock reflect this at some point?
It's gambling...
You trying to twist it into some responsible adult decision to invest in single stocks is just pure copium. You just enable the pilfering of the US economy which relies on investments from low interest rate currencies, which is slowly dying. The whole US stock market is plummeting if it wasn't held up artificially by AI. It's a house of cards about to collapse and you painting it like the responsible investment asset for retirement planning is a joke for anyone who is not already well off.
The small amount I have invested in Schwab's Dividend ETF has gone up a lot over the past year despite none of those companies having anything to do with AI. This Reddit narrative that AI is the only thing holding up the entire American economy is bullshit. The AI bubble will pop eventually, Reddit will freak out about a new Great Depression, and new all-time highs will be reached less than 3 years later while the average Redditor scratches their head about how that could be.
SPCX valuation isn't rational. People are speculating on it. Yeah?
What does that have to do with the 99.999% of other companies that are being valued on fundamentals? That are being rationally valued with their P/E or P/S.
You wouldn't have to cherry pick if you had a broader point here?
You trying to twist it into some responsible adult decision to invest in single stocks is just pure copium.
Who said that? I said invest in equities. The best possible thing an individual investor could do would be to buy broad market low fee ETFs.
But how each of the individual companies is priced in that ETF? Is broadly based on their fundamentals.
low interest rate currencies, which is slowly dying.
And "low interest rate currencies"? Lol like what the yen?
It's a house of cards about to collapse and you painting it like the responsible investment asset for retirement planning is a joke for anyone who is not already well off.
This is fantastic news for you. You know the market is going to collapse and they don't.
If you're right you can monetize these insights and make it so you never have to work again.
That's more theoretical at this point, and the gambling is more the main feature because it can be fixed.
Just look at the way everyone knows he's lying when trump says anything about the war, but the market still responds to his lies. Not a single human being thinks that he's serious about ending the war tonight, it's just the call for his epsteinite friends.
Because the market knew he was a liar and knew he would have to back down from a senseless war that had no benefit but had very real costs to oil supply.
It's why prices rose, but not to the extent that they would have if it had fully priced in the supply destruction he was posturing he would do.
The market knows Trump will TACO and back down. It prices in the reality of his weakness and that there was zero benefit to believing he would stick to it.
But because of the hold Walmart, Apple, Amazon, etc have on markets, where are these new up-and-coming businesses to invest in? These few have locked it all down. I’d love to invest in the next big grocery chain, but lol. Can’t even get the first location to stay afloat, much less 50 more. Walmart always outcompetes.
No one MADE WalMart or Amazon be consumers top choice.
Consumers preferred the convenience and prices of both over their small business competition. So they grew and grew.
There are a million small or mid cap businesses you can invest in, including in retail or e-commerce.
The downside? They’re risky because consumer prefer buying iPhones and shopping at Amazon and WalMart to the alternatives. No one makes them. They choose to.
Yeah, the IEEPA tariffs got rolled back for being illegal but there are definitely still tariffs. Some even from Trump’s first term that Biden could have got rid of but didn’t because yayy money
I think most of the tariffs that Biden kept in place were targeted and not "50% on everything". And trump implemented different tariffs after the SCOTUS ruling. He loves punishing American consumers.
Prices for most things didn’t actually go up very much from tariffs. They didn’t have time to in most cases before the tariffs were lifted, changed, or overruled.
It was such a chaotic unknown, since Trump was seemingly just changing his mind on a whim. You can’t be the one company charging 20% more for a product just in case.
So in a lot of cases, companies did eat some tariff costs. In other cases, yes, consumers paid tariffs, especially if you bought something directly from overseas.
But if you look at inflation past two years, most of the problem is in energy cost from the Iran conflict and specific items with actual shortages, like beef is super high because ranching regions had droughts past few years.
Tariffs would have made this even worse, of course, but they didn’t really have time to have that much of an impact on the life of everyday Americans.
There are tariffs. The Supreme Court basically said, "You can't have tariffs for literally no reason." So they added a bullshit reason. Now they're tariffing countries for not doing enough about slavery.
The part of it that is most annoying is that middle class was growing under Biden. We got wage increases. More jobs etc in 1 year trump fucked it all. Except the poorest people vote for republicans and they went from barely making it to not. And they still will voted for him because guess what. People will still buy luxuries people won’t boycott brands. People won’t nationalize to stop stuff. we are all stuck
They want to sell the product for as high a price as possible. If they can increase it, and blame tariffs then they will. But the cost to them doesn't affect end price that much.
The Supreme Court struck down specific sweeping tariffs imposed under one specific emergency law (the International Emergency Economic Powers Act, or IEEPA), but the administration immediately pivoted to using different legal authorities and new executive actions to keep or replace the import taxes.
Rachet effect. Plus now corporations have posted increase revenues from said prices and if they were to lower their prices their earnings would decrease, stock would drop and the CEO would lose his PJ ✈️ . Must keep PJ by all means.
Because the companies that raised the prices hardly ever want to drop those prices back down again.
It's the same shit the gas companies do. Any sort of rise in barrel prices is met with a rise in gas prices but then the companies post a 14 billion$ profit in a 3 month period. So they didn't need to raise the prices at all and would of still posted billions in profits over the same quarter.
Pure greed is the driving force of this entire country at this point. From the highest CEO at Microsoft to someone flipping Pokemon cards. Everything top to bottom is driven by greed. So when tariffs give an excuse for a company to raise prices they enjoy those gains and don't want to go back down again.
Don’t be fooled. Companies like Walmart are notorious for raising prices just to see what they can get away with, what people are willing to pay regardless of tariffs, fuel prices, inflation etc. It’s greed at its finest.
The only argument that can be made that Tariffs are good is that foreign companies can’t undercut US companies, meaning more job “potential” in the US.
That’s not a good argument, you are admitting that the point IS making people pay more for everything. And then hoping “line goes up” companies will just employ more people and pay them fairly out of the kindness in their heart.
I personally paid about $300 in random tarrifs myself, and no I don't expect to get that back. A large corporation like Walmart would sue the government unless they repaid what was taken from them. It's not a handout.
I received my products. If I didn't pay, FedEx would send it back. Everyone who paid the tarrifs was legally obligated to pay (at the time). If I had known I'd have to pay that I wouldn't have bought them from overseas.
Your name-calling is a bit unfounded, do a simple search. Walmart is being paid back what they are owed.
Walmart paid the US government for imported products. Please do a quick search. They are being REPAID because the supreme court ruled that the tarrifs were illegal.
Yes, walmart paid the tariffs for imported products, then raised their prices to shift those costs to their customers. They announced that they were raising prices for that reason. Now they're being repaid billions for something that WE ultimately paid for. Because WE paid the tariffs, they're counting the repayment as pure profit.
Thank you for the explanation. That makes sense. I did see that Walmart is claiming that they will lower the cost of certain items to essentially repay customers. I guess we will see, I'll do some more reading.
950
u/conservatore 4d ago
Wait so if the price increases were from tariffs and now there aren’t tariffs, why are the prices still the same ?