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No. 2243940
Trump intends to pass major tariffs against China and other countries in an attempt to shore up American manufacturing, in effect this means a wide variety of goods will likely become significantly more expensive in the future. This thread is to help nonas plan and coordinate purchases in advance of the tariffs.
https://www.pbs.org/newshour/economy/trump-favors-huge-new-tariffs-how-do-they-work
>60% tariff on Chinese goods>20% tariff on goods from anywhere else>plan to repeal CHIPS actElectronics in particular are expected to be worst hit. Gamer nonnies get your rigs built now.
No. 2244055
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>>2244015Gold and silver.
No. 2244128
>>2244119It's bad because the industry
literally doesn't exist. There is nothing to stimulate or protect.
No. 2244133
>>2244119Nations have different lifespans than humans. "In the short term" for a nation could be like 10 years, 10 years for a person is a long time. 5 bad years are enough to prevent a person from ever financially recovering. The time to stop Free Trade was in the 80s and 90s. The factories are gone and the expertise and experience is gone, and these were things developed over the course of years if not decades. And now we need to rebuild from scratch.
If you're gonna impose these tariffs they should at least be paired with massive subsidies for domestic production to speed up development and cushion the cost for consumers but I'm skeptical that will happen.
No. 2244149
>>2244119Well
nonnie, the famous republican president who historically fucked your country over called Ronald Reagan, the guy Trump is hardcore skinwalking, offshored all manufacturing jobs because rich businessmen wanted to get even richer and the stupid middle class bought into the trickle down lie. Now that those industry jobs have been moved away from the US into China and they're not coming back. Nobody is planning to bring them back. It would be too expensive to pay an American minimum wage, even with those tariffs it's still much cheaper to produce them in a sweatshop in Bangladesh. There's no expertise for those jobs left in the country. And with 60% and 20% tariffs it's going to start a global trade war so other countries will slap huge imports on US products too, something that already happened during Trump's first presidency. The tariffs that are collected from imports are used to fund all the tax cuts to the 1% they promised them.
No. 2244174
>>2244149People are also just used to the cost of goods made abroad. They did used to have to pay American minimum wages. People owned less. It will be extremely hard to get them used to what it should actually cost to buy locally made goods after decades of cheap slop.
We really have to hope this doesn't get enacted.
No. 2244389
>>2244119There are industries that have zero or very limited infrastructure and capital for 100% domestic production. It could easily take years and years, possibly decades depending on the industry to build that kind of infrastructure, develop the human capital necessary to contribute to that industry, and to make it sustainable over the long run, assuming it's even logistically possible since Trump wants to put a 20% tariff on literally everything and realistically America as a country can only produce so much by itself. Meanwhile, all goods become more expensive for everyone because
1. importers and producers who rely on imports (for example, raw materials) will pass the the tariff onto consumers
2. even if a good or service is 100% domestic it will skyrocket in demand in response to the tariffs, making it more expensive anyways
3. smaller businesses that rely on imports will heavily struggle or die
4. even if we succeed in making certain industries 100% domestic it will lead to more expensive goods and services anyways because labor costs in America are higher than abroad
This isn't even including the fact that other countries can introduce retaliatory tariffs which harm American exports
All of this heavily affects lower-income/"middle class" Americans more, because they spend a larger portion of their income on actually purchasing goods and services, while the wealthy tend to either save or purchase assets (such as stock or real estate). Elon Musk, one of Trump's biggest dickriders, flat out admitted that Trump's policies will crash the economy, but that's what he wants, because he wants a "reset" that will lead to a new economy with fewer regulations. So the wealthy are more than happy to sacrifice everyone else's prosperity since they are able to coast through the difficult economic times, and are unabashedly admitting to it openly.
Trump's entire campaign complained about "inflation" but ironically enough one of his main proposed economic policies will objectively lead to more inflation. He has tried to introduce another major policy, abolishing the federal income tax, to try to compensate for this but once again that disproportionately benefits the wealthy (more specifically high income earners) over everyone else because they pay significantly more in taxes, lower-income individuals will barely even be affected by it being abolished.
Putting all of this together the idea that Trump is in it for the working class is completely laughable. What few actual economic policies he has actually elaborated on are always tailored to favor the wealthy or the elite over everyone else. Yet despite this all, Trump is "good for the economy", whatever that is supposed to mean.
No. 2245056
>>2244015Anything you can sell at a markup, is easy to store and ship, and appeals to a wide audience. Basically, what
>>2244052 said. Stock up on pins and acrylic goods like keychains, which cost a lot more to produce in the USA, plus boxes, mailers, anything like that.
>>2244389Absolutely this. It's going to completely fuck the economy over and everyone but the super wealthy will be fucked over alongside it.
No. 2245689
>>2245084He wont be sworn in for like three months and it will take a whe before he can actually impose tariffs
>>2245056I’m pretty sure most bubble mailers are also imported from China so yeah
No. 2246188
>>2246171I would like to clarify that they first thought it was retinitis pigmentosa, but the yearly check up is to tell if its progressive or benign. I had no progression in the last 6 months, but because RP specifically is so unknown, it's difficult to tell if its just very slow or just benign. I am 21, they only detected this now because my mom asked for a full comprehensive eye exam before vision care ends at 21. I am genuinely terrified in case this is progressive, because treatments were going so well, but now I'm worried trumps policies and whatnot may cut funds for said research for these diseases. I hope it isnt progressive, but the eye doctor said if the genetics come back inconclusive they won't know what it is and all that can tell is the checkups, which is why it's crucial for me to go to them. I can't move, all my previous doctors and all my history is here, all my family. If the eye disease is progressive, there is nowhere else I can go if I end up blind, my mom and the rest of the family is here, and they were all born here.
No. 2246646
>>2244666your graphics card
>>2246029>move to an english speaking country for ease of transition>look at the countries who's money isnt as strong as the us dollarpick one
No. 2246742
>>2246647there's basically no downside to being cautious and making purchases you would have made anyway early in the event the tariffs
do pass. I hope he forgets about this.
No. 2247109
>>2246020 i'm in alaska and feel your pain. it's so fucking expensive to live here already, with trump imposing tariffs i'm going to have to just order shit to my parents house in the midwest and have them send it USPS flat rate lol. that is if he doesn't continue to gut the USPS. fuccccckkk i barely got through the first four years, how the fuck are we going to get through another four
>>2244389 great explanation, i hope you work in education
nonny No. 2247130
>>2246753I think a lot of people would be OK with a more autarkic economy
in theory it's just the getting there that's gonna be real tough. It will be years of making do with shitty prices hoping for domestic production to gear up and stabilize.
>>2247109What keeps you in Alaska?
No. 2247384
>>2244672Horrible environmental impacts were one,
nonnie. Rivers used to catch on fire they were so polluted. See China, India today…>>2244119
No. 2247423
>>2247384True. Pollution was so bad that by 1970s there were several major environmental scandals
https://en.wikipedia.org/wiki/Love_Canalhttps://en.wikipedia.org/wiki/Kin-Buc_Landfillhttps://en.wikipedia.org/wiki/Valley_of_the_DrumsLove Canal is particularly interesting because it was an environmental justice campaign ran almost entirely by women.
No. 2247695
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Jodi I have a job for you