US Tariff War

Rachel likes the long form story, and she likes to weave a tale, so if you want to skip the stock market opener, FFWD to 5:30…and be ASTOUNDED BY THE LUNACY that is driving the American (and global) economy off the cliff.

Pay particular attention to economic expert Ron Vara…



You can’t make it up because no-one would ever believe you!

$5TRILLION later, here we sit.



No doubt the MEGA Wealthy have filled their boots buying shares at a heavily discounted price caused by Trumps economic decisions .... getting rich off the backs of the rest of us .


Just Conservatives being Conservatives
 
As far as I can see, the megacorps will be able to weather the situation, enough range, enough brand loyalty and muscle to set things up. There will be a hit for a while, obviously.

It's the smaller companies who make things that are going to break. A long-standing boardgame company posted this on Thursday:

On April 5th, a 54% tariff goes into effect on a wide range of goods imported from China. For those of us who create boardgames, this is not just a policy change. It's a seismic shift.

At Steve Jackson Games, we are actively assessing what this means for our products, our pricing, and our future plans. We do know that we can't absorb this kind of cost increase without raising prices. We've done our best over the past few years to shield players and retailers from the full brunt of rising freight costs and other increases, but this new tax changes the equation entirely.

Here are the numbers: A product we might have manufactured in China for $3.00 last year could now cost $4.62 before we even ship it across the ocean. Add freight, warehousing, fulfillment, and distribution margins, and that once-$25 game quickly becomes a $40 product. That's not a luxury upcharge; it's survival math.

Some people ask, "Why not manufacture in the U.S.?" I wish we could. But the infrastructure to support full-scale boardgame production – specialty dice making, die-cutting, custom plastic and wood components – doesn't meaningfully exist here yet. I've gotten quotes. I've talked to factories. Even when the willingness is there, the equipment, labor, and timelines simply aren't.

We aren't the only company facing this challenge. The entire board game industry is having very difficult conversations right now. For some, this might mean simplifying products or delaying launches. For others, it might mean walking away from titles that are no longer economically viable. And, for what I fear will be too many, it means closing down entirely.

Tariffs, when part of a long-term strategy to bolster domestic manufacturing, can be an effective tool. But that only works when there's a plan to build up the industries needed to take over production. There is no national plan in place to support manufacturing for the types of products we make. This isn't about steel and semiconductors. This is about paper goods, chipboard, wood tokens, plastic trays, and color-matched ink. These new tariffs are imposing huge costs without providing alternatives, and it's going to cost American consumers more at every level of the supply chain.

We want to be transparent with our community. This is real: Prices are going up. We're still determining how much and where.

If you're frustrated, you're not alone. We are too. And if you want to help, write to your elected officials. Ask them how these new policies help American creators and small businesses. Because right now, it feels like they don't.

We'll keep making games. But we'll be honest when the road gets harder, because we know you care about where your games come from – and about the people who make them.

*
I would also think that there is a limited pool of resources that could replace overseas production. If that pool of resources is not enough to provide all the production, the megacorps will hoover it up first, and the smaller companies will go bust.


The megacorps will wait until the market is trashed and then do stock buy backs for dirt cheap.

Same with Trumps billionaire donors, they’ll wait until things are near enough bottomed out, invest a ton and 10x it in 5 years as the market recovers. The Nasdaq hit 1200 in 2009, it was at 20,000 before all this tariff nonsense.

Recessions and Depressions make the richest richer.
 
This is far better than Eastenders:

- Self imposed sanctions
- 10s of millions of US citizens that do not yet realise that they will be the ones paying the bill.
 


Agree 100%

Exactly! Canada already doing it! Shelves where American products used to be are simply left open, but I hope that valuable shelf space will get filled by “homegrown” goods instead…and quickly!

The one thing that Trump has forgotten that America is A market for many of these countries, but by attacking them ALL, he has made ALL American goods IN ALL MARKETS a target for boycott!

Now, people have to vote with their dollars, and pounds, and euros and loonies!!
 
JLR halts all sales to the US as sanctions kick in, but as far as I can see no American company has halted sales to the UK, and why would they? Come on Starmer grow some balls and put in big tarrifs on the US tech companies, and then watch Trump roll back.
 
Rachel likes the long form story, and she likes to weave a tale, so if you want to skip the stock market opener, FFWD to 5:30…and be ASTOUNDED BY THE LUNACY that is driving the American (and global) economy off the cliff.

Pay particular attention to economic expert Ron Vara…



You can’t make it up because no-one would ever believe you!

$5TRILLION later, here we sit.

Assuming all that is factually correct (5:30 onwards) - that is fucking frightening.............
 
blue collar workers are going to be out jobbed by robots and who makes the most of the worlds industrial robots? China and Japan

 
Now Musk wants a zero tariff zone with Europe.

I want a zero MAGA incompetence zone.
This is the play, free trade globally is what they want, no restrictions, no green taxes, no national standards, no targeted taxes, no rules around monopolies in markets etc. Meanwhile the fed will have to start to reduce interest rates to keep things rolling until they get this, resulting in cheap money which can be used to hoover up the depressed shares at bargain basement prices.

The current tariffs are just a means to this end.
 
This is the play, free trade globally is what they want, no restrictions, no green taxes, no national standards, no targeted taxes, no rules around monopolies in markets etc. Meanwhile the fed will have to start to reduce interest rates to keep things rolling until they get this, resulting in cheap money which can be used to hoover up the depressed shares at bargain basement prices.

The current tariffs are just a means to this end.
It’s not just that…big money gets to borrow at lower rates and make more money.

Unless credit gets tight, the “cheap money” that comes from this “plan” serves to line the pockets of the wealthy even further…
 
This is the play, free trade globally is what they want, no restrictions, no green taxes, no national standards, no targeted taxes, no rules around monopolies in markets etc. Meanwhile the fed will have to start to reduce interest rates to keep things rolling until they get this, resulting in cheap money which can be used to hoover up the depressed shares at bargain basement prices.

The current tariffs are just a means to this end.

Tariffs are inflationary, that’s not conducive to lower interest rates.
 

Don't have an account? Register now and see fewer ads!

SIGN UP
Back
Top