So let me get this straight (tariffs)

[D_Master81]

Last edited Tue Jul 29, 2025, 05:39 PM - Edit history (1)

So we are supposed to believe that the United States is collecting hundreds of billions of dollars in tariffs per year according to data that I’ve seen released, 28 billion last month alone. At the same time corporations and businesses are apparently eating billions in profits as the regime is saying the inflation isn’t increasing. Short term I could see this being the case as they are trying to see where policies go long term, or trying not to upset the child king and get on his bad side and on the outs on sweet heart deals. So even with profits apparently getting eaten up, the stock market at the same time is sitting at all time highs. Amazing that all of these things have apparently happened together, and if you believe it I e got some ocean front property in Arizona for you.

[ProfessorGAC]

1. You're Right

The number is likely fabricated.
Plus, $28 billion a month is only $336 billion a year. That's only 7% of total revenue, even if it were true.
And no, companies are not going to eat 1/3rd of a trillion in expenses. That's 1.2% of GDP. If a company has $50 billion in revenue, they would take a $600 hit. If margins gave a gross profit of $6 billion, it's 10% of gross profit. Investors would be howling at the moon over that hit on dividends
BTW: you have "...oven front property in Arizona..." in your last line.

[Permanut]

2. Hey, oven front kinda works..

[unblock]

3. More plausible than ocean front property! Lol

[ProfessorGAC]

4. Ok, I Guess?

It is pretty hot there!

[D_Master81]

12. Haha

Hey it’s really hot I hear in Phoenix. I hate auto correct. Updated it

[ProfessorGAC]

13. Cool!

I don't care for it either, but a lot of my miscues are my own fault.
My screen suggests 3 different words, but instead of looking to see if the main one is what I wanted, I get the "corrected" word.
That's my fault, not the program's.

[jonstl08]

5. June surplus

Keep seeing the right wing media and people on social media saying the June surplus was due to tariffs. What they did not say or understand is business are required to pay estimated taxes quarterly so that is the reason for the June surplus since the 2nd quarter ended in June. Not only business but other people with investments also pay estimated taxes quarterly.

[Diamond_Dog]

6. I have a question ....

How does a tariff benefit us if we have a trade surplus with that country?For example,Brazil. We had a $7.4 billion trade surplus with Brazil in 2024.

[jonstl08]

9. It does not

And Brazil entered into an agreement with China because of what Trump did.

[Bluestocking]

7. Remember the news reports before the W crash in 2008

The fundamentals of the economy are strong. Everyone should go shopping and of course buy houses they can’t afford. That is where we are now except I think the next crash is going to be a lot worse.

[Scrivener7]

8. I actually don't think this will be a crash. I think it will be a slow inexorable slide.

[unblock]

10. Europe is doing better. The dax (Germany) is up 21% ytd, compared to the s&p500 only up 8.5%

American businesses aren't building plants in America.

I think it was Nissan that actually shut down an American plant in Michigan I think, because a lot of the cars assembled there were actually sold in Canada and why throw u.s. tariff nonsense into a Japan-Canada trade?

Throw in the random presidential extortion by lawsuit and why would anyone make long-term plans to build here?

America has long done well because it's been a great place to do business. Donnie is ruining that on many fronts.

[surfered]

11. There's a lag between when the tariffs kick-in and retail price increases

The 50% tariifs on steel are just now having an effect. Inflation is definitely coming, but I’m not sure if we’ll hear about it. Trump didn’t want Covid numbers released and he might do the same with the cost of living index.