US Tariffs, Sigh!

[Texas_Signmaker]

well i was in the middle of typing a long post and you just summed it up in 3 sentences and a picture. LOL

That's the benefit of being a male.

 

[Texas_Signmaker]

Well I for surely have benefited from the sign discussions. Tell you what, I'll start posting sign discussion stuff too, I have a lot of knowledge about that subject. And hey, if you ever need any design work I can help you with that, there is no project too big or small.

No thanks, we've all see the "designs" that AI has come up with.

 

[Geneva Olson]

That's the benefit of being a male.

yea. we women can be a bit longwinded.

 

[Boudica]

That's the benefit of being a male.

makes up for all those draw backs

 

[GAC05]

In this day and age, someone can identify as anything they want, even human.
preferred pronouns
byte/me

 

[JamesLam]

So if tariffs do actually deter people from buying foreign imports, and domestic production can't fill the consumer's needs quick enough, will those with cash in their pocket just spend on something else? If that's the case where will their money flow, travel, more on dining, clothes, or other short-term feel-good purchases?

Possibly countries like the US and Canada are headed toward the European model where more and more rent instead of buying. Leading to a scaled down (more minimalist) lifestyle as they may not have the control over housing and other expenses as they would have if they could afford to buy and payoff a home.

Will there be a greater shift toward smaller, short-term and/or experiential purchases which may add to further declines in domestic manufacturing.

 

[user23434]

So if tariffs do actually deter people from buying foreign imports, and domestic production can't fill the consumer's needs quick enough, will those with cash in their pocket just spend on something else? If that's the case where will their money flow, travel, more on dining, clothes, or other short-term feel-good purchases?

Possibly countries like the US and Canada are headed toward the European model where more and more rent instead of buying. Leading to a scaled down (more minimalist) lifestyle as they may not have the control over housing and other expenses as they would have if they could afford to buy and payoff a home.

Will there be a greater shift toward smaller, short-term and/or experiential purchases which may add to further declines in domestic manufacturing.

Now that is a really good question.

Yes, that would happen and it is the initial pain point with tariffs until domestic manufacturing has time to stabilize and scale. There are growing pains with any kind of change and tariffs are no different.

We could continue on the same path we've been on and see the same results (high inflation, dependency on imports, price swings, supply chain shortages, less control over prices). Or, we can do what has worked in the past (building up our own manufacturing base) and what should have been what we stuck with in the first place and is proven to work amazingly. Other advanced economies like Germany and Japan have strong domestic production. In the long run we will see greater stability, more good paying jobs, and the security from any global price swings or outages.