Anybody Buying Yet? Where’s the Bottom?

[Rie Bread]

That is an excellent objection. In short, tariffs are the tool the US is using to 'balance trade'. The stated intent is to get others to lower their tariffs on us; leverage removal of bans against our products, negotiate purchase of more US products, and (as they said) leverage changes in labor practices.

Yes that’s the idea. For example John Deere or Cat, they make in the USA and export to other countries with a tariff on it to help another country “ compete”. However the net negative is if Deere and cat use imported steel instead of US steel. That’s just a snap shot.

US companies manufacturing in the United States with materials sourced domestically will feel little of these waves. It’s where I’m putting my money.

 

[SAJ-99]

US companies manufacturing in the United States with materials sourced domestically will feel little of these waves. It’s where I’m putting my money.

That sounds a lot like McDonalds...and Meta.

 

[jryoung]

Yes that’s the idea. For example John Deere or Cat, they make in the USA and export to other countries with a tariff on it to help another country “ compete”. However the net negative is if Deere and cat use imported steel instead of US steel. That’s just a snap shot.

Don't forget to consider duty drawbacks, substantial transformation and tariff engineering all of which could change the equation as well as lobbying for tariff exemptions which I'm guessing are likely to happen to companies the decision maker likes.