The Tariff Talk

[Boghie]

For the most part, small businesses are service - they won't be hit by tariffs.
If they are resellers, they will be more nimble than big business and will resource quicker.
If they are stuck - like perhaps a store that sells plastic models - their customers are also stuck.

Tariffs suck. I don't like them, but they are not the end of the world. Tariffs are inflationary, other forces are deflationary. And, the tariffs will be jiggered when the target countries change their policies. We kinda have to wait and see.

 

[nasa1974]

Unleaded Regular (Raleigh, NC):

Aug 2024	$3.34/gal
Aug 2025	$2.95/gal
Deflation:	11.7%

No impact, no idea where that Speedway jacked prices by $0.77. Must have been something local.

That $2.95/gal is higher than I have seen it for a while. It was $2.85/gal in July. That is why the FED doesn't include fuel in it's preferred inflation gauge - but a 40 cent decline YoY is pretty good.

Not sure what is going on but gas at Speedway is back to $2.72/gal. It was definitely $3.49 on the marquee yesterday. We also pay almost $0.60/gal in federal and state taxes.