US Tariff War

[Alan Harper's Tash]

If it's going to cost $80 billion to remediate Gaza, it would take a lot of golf rounds and sun beds to recoup that.

How many bitcoin scams is that?

 

[west didsblue]

25% tariff on all steel imports announced. Will probably get withdrawn in a few days but will do enough to push up domestic steel costs in the US and fuel inflation. It’s like the stupid **** has read the ladybird book of negotiation techniques and keeps trying the same ploy yielding no tangible positive results to the US, but long term bringing other countries closer together and less dependent on the US.

 

[Mazzarelli's Swiss Cheese]

25% tariff on all steel imports announced. Will probably get withdrawn in a few days but will do enough to push up domestic steel costs in the US and fuel inflation. It’s like the stupid **** has read the ladybird book of negotiation techniques and keeps trying the same ploy yielding no tangible positive results to the US, but long term bringing other countries closer together and less dependent on the US.

Tbh, I'm not sure it's any more suicidal than our own approach to our domestic steel industry which should worry us a lot more.

 

[Vic]

25% tariff on all steel imports announced. Will probably get withdrawn in a few days but will do enough to push up domestic steel costs in the US and fuel inflation. It’s like the stupid **** has read the ladybird book of negotiation techniques and keeps trying the same ploy yielding no tangible positive results to the US, but long term bringing other countries closer together and less dependent on the US.

Some metals prices have already gone up by 10% or more in the States. You'd think construction and every other industry using metal would be shouting what a bad idea it is.

 

[Mazzarelli's Swiss Cheese]

Some metals prices have already gone up by 10% or more in the States. You'd think construction and every other industry using metal would be shouting what a bad idea it is.

It might only be when those increases get passed onto the customer that the shouting starts.

 

[Blue Maverick]

It might only be when those increases get passed onto the customer that the shouting starts.

What happens if you quoted a price for a job, so that big skyscraper cost $100 million now it could be $125 million would the contract allow that or does the builder have to absorbed it?

 

[Mazzarelli's Swiss Cheese]

What happens if you quoted a price for a job, so that big skyscraper cost $100 million now it could be $125 million would the contract allow that or does the builder have to absorbed it?

No idea mate - maybe the steel is purchased ahead of build as part of a contract too so not an immediate issue? That might cause a helpful 'lag' in the price rise but ultimately if there is an increase then it will be felt - ultimately by the end consumer. Tenants of the skyscraper in that case.

 

[Scottyboi]

What happens if you quoted a price for a job, so that big skyscraper cost $100 million now it could be $125 million would the contract allow that or does the builder have to absorbed it?

This happened up and down the UK post covid for jobs quoted a year in advance, the price of a lot of buildings materials pretty much doubled and the jobs all had to be priced up again.

 

[Vic]

What happens if you quoted a price for a job, so that big skyscraper cost $100 million now it could be $125 million would the contract allow that or does the builder have to absorbed it?

It wouldn't make that much difference as materials are only a portion of construction costs.

I've asked before whether existing contracts usually provide for the supplier or the buyer to pick up tariffs imposed after the contract is signed.

 

[west didsblue]

Tbh, I'm not sure it's any more suicidal than our own approach to our domestic steel industry which should worry us a lot more.

Not really relevant to my point. He got elected with the promise of bringing inflation down. Pretty much everything he’s done so far will have the opposite effect. I don’t suppose he’ll give a shit though because he’ll just tell his supporters that he’s brought prices down and the daft cunts will believe him.

 

[Mazzarelli's Swiss Cheese]

Not really relevant to my point. He got elected with the promise of bringing inflation down. Pretty much everything he’s done so far will have the opposite effect. I don’t suppose he’ll give a shit though because he’ll just tell his supporters that he’s brought prices down and the daft cunts will believe him.

He'll blame the left/liberals/Mexicans etc.

 

[Dax777]

25% tariff on all steel imports announced. Will probably get withdrawn in a few days but will do enough to push up domestic steel costs in the US and fuel inflation. It’s like the stupid **** has read the ladybird book of negotiation techniques and keeps trying the same ploy yielding no tangible positive results to the US, but long term bringing other countries closer together and less dependent on the US.

Then as a non- American you should be ecstatic, no?

 

[west didsblue]

Then as a non- American you should be ecstatic, no?

Why should I be ecstatic that your tangerine hero is doing his best to drag the world economy down with the small consolation that countries like ours are being forced to be less dependent on the US. Another consolation is my gold investments are doing very well which is a sign of turbulence everywhere else.

 

[FogBlueInSanFran]

Then as a non- American you should be ecstatic, no?

If he were a my nation firster, yes.

But he’s not a fucking idiot, so . . .

 

[Mazzarelli's Swiss Cheese]

If he were a my nation firster, yes.

But he’s not a fucking idiot, so . . .

We have so much shared language and culture thar we tend to import US Internet outrage easily. Blm was a classic example - your police murdered a black man, our police within days are dealing violent protests.

 

[FogBlueInSanFran]

We have so much shared language and culture thar we tend to import US Internet outrage easily. Blm was a classic example - your police murdered a black man, our police within days are dealing violent protests.

Yes, it’s all our fault.

 

[Mazzarelli's Swiss Cheese]

Yes, it’s all our fault.

Not really the point I was making.

 

[FogBlueInSanFran]

Not really the point I was making.

Do you think San Francisco changes its name to New Aalborg if California becomes New Denmark?

 

[west didsblue]

Not really the point I was making.

Did you have a point?

 

[Mazzarelli's Swiss Cheese]

Did you have a point?

Probably not for you really tbh.