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Six months into tariffs, businesses have no idea how to price anything

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Re: Six months into tariffs, businesses have no idea how to price anything

#221

Earlier quoted context omitted.

Reindustrializing America requires people that are actually willing to work in a factory.

Won’t people be willing when the cost of living goes up so much and all the tech jobs are gone to foreign labor that they have to work factory jobs?

Most people don't work in tech. IIRC the most common jobs are retail, food service, healthcare, and education.

Re: Six months into tariffs, businesses have no idea how to price anything

#222

Earlier quoted context omitted.

The system that allows very wealthy to exist is also the reason the US has the highest class mobility among western nations. Also, on a purely pragmatic note, capital is mobile. If you penalize the rich, they just move, and then the new system will stop class mobility.

The globe can collaborate to make sure capital has nowhere to fly to. Form the USSA and get china onboard and let the USSR come back (they’re still the loyal opposition in today’s Russia) and capital will just fucking take it like they deserve to. What, you gonna go to the moon now?

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Re: Six months into tariffs, businesses have no idea how to price anything

#223

Earlier quoted context omitted.

Reindustrializing America requires people that are actually willing to work in a factory.

Won’t people be willing when the cost of living goes up so much and all the tech jobs are gone to foreign labor that they have to work factory jobs?

There won't be any factories since all the capital will be overseas.

Re: Six months into tariffs, businesses have no idea how to price anything

#224

Earlier quoted context omitted.

Books aren't tarrifed.

That's good, but do you think you'll be able to ship to the US without restriction? I don't see post office counter workers working their way through the official list of exemptions published by the WH https://www.whitehouse.gov/wp-content/uploads/2025/04/Annex-...

>but do you think you'll be able to ship to the US without restriction?

Whenever I import goods the HS codes are provided for each item, so it shouldn't be hard to collect the correct amount of money for tariffs.

Re: Six months into tariffs, businesses have no idea how to price anything

#225

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That’s fine if you accept that you can’t force the rich at gunpoint to stay, or seize their wealth upon exit. But if they do choose to leave, or at least stop expanding their businesses, you can’t deny the rational self interest

The bayonets of the capitalists. Better lie down and take it.

Re: Six months into tariffs, businesses have no idea how to price anything

#226
post #169

Earlier quoted context omitted.

American real GDP per capita grew at 1.7% a year from 2015 to 2025 [2] From 2004 to 2024, Chinese PPP GDP/c grew 7.4% a year [4]. What an incredibly dishonest comparison!

What about it makes it dishonest? What do you think would be an honest comparison? And, if you do it, what numbers do you get?

Where to start? Comparing a 10 year US period to a 20 year period? Seems awfully selective.

Let's do a side by side comparison? 2018 to 2023? 2023 is the last year with solid numbers.

US: 12% real GDP growth

China: 26% real GDP growth

Sounds impressive, until you account for the base.

US: +$2.4T USD

China: +$3.64T USD

Yikes! 4x the number of people, but 0.5x the GDP growth.

Re: Six months into tariffs, businesses have no idea how to price anything

#229
FWIW, we’ve been affected by the tariffs (10% for now; we import mainly from Vietnam and Thailand at this point). Did our second price increase a few weeks ago. We’ll probably test out how much the market will bear because operating in this market really demands a risk premium. So far it’s not as crazy as the pandemic supply chain crisis, but it’s close. The most insane ending to all of this that I can imagine is that the tariffs get conclusively ruled unconstitutional and all the tariffs payed get returned. Would be a huge wealth transfer from consumers to businesses.
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