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 tha…
Super minor FYI, but on your website all the images in your portfolio show as broken to me.
Six months into tariffs, businesses have no idea how to price anything
251–260 of 704 posts
Re: Six months into tariffs, businesses have no idea how to price anything
#252Earlier quoted context omitted.
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
#253In the end it's the biggest leopard ate my face moment ever: China has very high growth momentum that surpasses American living standards soon, and not long before it will surpass American security standards too. China's purchasing power is probably more comfortable than most western countries, with extensive housing and high speed rail and electric cars etc. When a country becomes rich, inevitably other countries as…
See this is what I don't understand. Everything you just said about China is a positive. Everything you said about China is achievable in the USA, and we at least HAD a head start on soft-power influence. Instead we should just have tariffs instead of actually making the lives of Americans better while FIGHTING affordable housing, high speed rail, and EVs. We've got an entire team of goons who would rather rack up pe…
Re: Six months into tariffs, businesses have no idea how to price anything
#254Haven't tariffs been paused since they've been announced?
Some of them yes, some of them no. There are now several thousand different "tax brackets" for imported items and the apparent rates on them fluctuate by the day.
Re: Six months into tariffs, businesses have no idea how to price anything
#255Earlier quoted context omitted.
Looks like there's a year at the end; might be to facilitate suckurity requirements such as yearly password rotation.
Some places do 3 months! It's amazing
Re: Six months into tariffs, businesses have no idea how to price anything
#256Earlier quoted context omitted.
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
I heard New Zealand is nice.
Re: Six months into tariffs, businesses have no idea how to price anything
#257Earlier quoted context omitted.
China may elect not to replace the whole shortfall. They may value the message it sends more.
80% of soy is destined for animal feed. While there is undoubtedly some reason why chicken and pigs have historically been fed soy meal ($/kg, nutritional profile, speed of animal growth, etc) -animal feed seems very fungible. If there is a soybean deficit, seems plausible to swap to some other abundant crop.
You either have to find a way to consume what is already in the pipeline or go without. Governments are very sensitive to the food security implications because there isn’t much slack politically to “go without”.
Re: Six months into tariffs, businesses have no idea how to price anything
#258Re: Six months into tariffs, businesses have no idea how to price anything
#259[flagged]
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
"If you tax the rich, they will leave" is a myth created by the rich so that you won't tax them.
In the middle of the 1900s, the tax rate on the wealthiest Americans was 91%.
Nobody is going to leave over Mamdani's extremely modest proposal.
Re: Six months into tariffs, businesses have no idea how to price anything
#260[flagged]
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.
This is a myth created by the rich so that you won't tax them.