The Tariff Talk

[JTH]

I have a hard time caring about Tariffs when any one of them can be reversed/altered/ignored, at a moments notice. Don't get me wrong, it's an extreme annoyance to wake up to a new embarrassing headline every day. But hey what can I do? Gotta flow with the go and roll in the dough....

 

[James48843]

Maybe, but the shareholders don't seem to believe it for some reason.

https://www.wsj.com/business/autos/auto-industry-trump-tariff-impact-955ca0bf

Automakers take $12 billion hit from tariffs so far. Thats before the real big tariffs kicked in. Now it’s going to be double, or more.

From the article:
“Toyota forecast tariffs will create a $9.5 billion burden through its fiscal year that ends next March, leading to an anticipated 44% decline in net profit.

For the world’s 10 largest automakers, not including those in China, net profit is currently forecast to fall by roughly a quarter this calendar year to its lowest level since 2020, when the pandemic led to cash-draining factory shutdowns.”

Having a quarter of an entire industry profits erased is going to hurt the market.

 

[tsptalk]

Interesting. GM is number three on that list and the top USA company. But again, shareholders don't seem worried yet. This inverted H&S looks surprisingly good.

 

[nasa1974]

Maybe the shareholders feel the industry can weather the storm. Or they see the wavering back and forth from the administration as something positive. Bottom line is the workforce and consumers will feel the pain from the tariffs.

 

[Boghie]

I order K-Cup pods from 'Black Rifle Coffee' and the price is increasing by 6%

Oh, the humanity!!!



I kinda remember that coffee being something like $21 back before 2021. It is now going to be $34.

So, the price has increased by $15. The tariffs account for $2 of that.

I don't like tariffs, but they really aren't the problem.

 

[James48843]

I order K-Cup pods from 'Black Rifle Coffee' and the price is increasing by 6%

Oh, the humanity!!!

View attachment 69891

I kinda remember that coffee being something like $21 back before 2021. It is now going to be $34.

So, the price has increased by $15. The tariffs account for $2 of that.

I don't like tariffs, but they really aren't the problem.

Is coffee even on the list that Uncle Sam uses to calculate inflation?

New data just came out.
Inflation is UP- CORE CPI now at 3.1% , thanks to tariffs.

Data and the story here:

https://www.yahoo.com/finance/news/inflation-rises-by-most-in-six-months-stoking-tariff-driven-price-concerns-123415069.html

 

[Boghie]