(Topic ID: 219256)

Get those LEDs ordered! Tariff inbound

By mjalexan

5 years ago


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  • 66 posts
  • 37 Pinsiders participating
  • Latest reply 5 years ago by Brijam
  • Topic is favorited by 2 Pinsiders

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    #6 5 years ago

    1st world problems

    Here’s my guess...all companies will raise their prices and blame it on tariffs. In a year or two, tariffs will be cut or eliminated again. But prices will stay high, with companies enjoying the new margins of profit. It’s the same thing the airlines and delivery companies do when gas prices go up....raise prices to “cover increased fuel costs” but never lowering them when gas goes back down.

    Here’s something else to consider: items like lobster and coal that are highly exported to countries like China may see a drop in demand, resulting in lower prices for Americans. Remember, there are two side to every coin....

    #9 5 years ago
    Quoted from JodyG:

    I can't wait to have my friends over to play on the huge coal pile I'm gonna have in my front yard once the price drops!!

    See....the Amish people in Lancaster know how to party!!

    #33 5 years ago
    Quoted from PinMonk:

    Just what we need...more coal.

    If you saw the HUGE pile of coal sitting next to the ship channel bridge here in Houston, you would be amazed. And it’s all going to China to run their power plants and factories. That’s right next to all the train tankers loaded natural gas for export too.

    So for all the global warming folks here in the States, just because we shut our stuff down isn’t making a hill of beans good on the world climate. Other nations are just using our natural resources to continue the economic edge on us.

    As for our water being safer now since 1966...see Flint MI.

    #39 5 years ago
    Quoted from Scorch:

    I have a feeling Trumps base may turn on him.

    Nope! Gotta break a few eggs to make an omelette..

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