On the Mexico and Canada Tariffs

[Ultra...Good]

There is no inconsistency here. Let me be clear.

I’m for less government and a market based economy. But if you or whomever supports greater government control over markets through regulation and higher taxes (tariffs), I will do whatever it takes to win.

It’s that simple. Deliver results and economically win. The consistent goal.

Your inconsistencies are very clear.

You are for the controls in place now that were established by regulations that favor you, for now. You are not able to adapt with new regulations that are on the table, and that scares you.

The results that you have delivered in the past will no longer work, and you cannot handle that.

Change for the better of the country in the long run, or less government manipulation will no longer enable your means of delivering results. Economically, well, you know what that means.

But hey, keep kicking and screaming. It's fun to watch.

 

[530RL]

Your inconsistencies are very clear.

You are for the controls in place now that were established by regulations that favor you, for now. You are not able to adapt with new regulations that are on the table, and that scares you.

The results that you have delivered in the past will no longer work, and you cannot handle that.

Change for the better of the country in the long run, or less government manipulation will no longer enable your means of delivering results. Economically, well, you know what that means.

But hey, keep kicking and screaming. It's fun to watch.

Let’s measure again in a year. I suspect I’ll be just fine under any system.

I’d prefer the opposite of your liberal system of government controlling production, but maybe you are right and I’ll fail under your desire for a centrally controlled economy.

We will see.

https://www.yahoo.com/finance/news/ceos-losing-faith-trump-don-102357883.html

 

[Ultra...Good]

Let’s measure again in a year. I suspect I’ll be just fine under any system.

I’d prefer the opposite of your liberal system of government controlling production, but maybe you are right and I’ll fail under your desire for a centrally controlled economy.

We will see.

Are you sure you are OK now? You sure seem to be in quite a position now that your preferred liberal policies are in place. The time frame you request might help ease your pain?

I know you don't Iike being called out for praising your preferred liberal policies that currently exist and what is coming is scaring you.

We will let you sit there quietly and remember now great America was for you. We will need a reminder of how the free market we wanted was slipping away while heavy regulation favored the few, well, you.

 

[530RL]

Are you sure you are OK now? You sure seem to be in quite a position now that your preferred liberal policies are in place. The time frame you request might help ease your pain?

I know you don't Iike being called out for praising your preferred liberal policies that currently exist and what is coming is scaring you.

We will let you sit there quietly and remember now great America was for you. We will need a reminder of how the free market we wanted was slipping away while heavy regulation favored the few, well, you.

I’m sure.

Appreciate the concern.

See you at NBAA.

 

[regor]

There is no inconsistency here. Let me be clear.

I’m for less government and a market based economy. But if you or whomever supports greater government control over markets through regulation and higher taxes (tariffs), I will do whatever it takes to win.

It’s that simple. Deliver results and economically win. The consistent goal.

Says the lil lying Uni-Party clown that throws fundraisers for RINO’s who benefit corporate ESG faggots that drive up debt, support off shoring jobs and create the biggest tax on the American people, inflation.

Lie all you want clown, we all see yore sorry two-faced RINO ass.

 

[regor]

This is what I love about the P&G and guys like you Regor SNIC and Racey. When you can’t come up with logical rational arguments to defend your support for big government and liberal policies, you resort to these types of comments.

It’s by any rational outside viewer winning for me. Thank you.

Loses his system pig party and claims he’s winning…..

 

[sprintcvx]

 

[Sportin' Wood]

View attachment 1486784

So funny.

When do we step up from trade war to currency war? I'm all for every type of conflict as long as it does not include humans dying for the sake of elitists war pigs and corporate swine.

I don't drink so another tariff that does not hurt my feelings.

None of the Euros I know drink American spirits. Perhaps bootleg liquor makes a comeback.

 

[530RL]

So funny.

When do we step up from trade war to currency war? I'm all for every type of conflict as long as it does not include humans dying for the sake of elitists war pigs and corporate swine.

I don't drink so another tariff that does not hurt my feelings.

None of the Euros I know drink American spirits. Perhaps bootleg liquor makes a comeback.

We are already having a currency war.

The dollar has dropped over 4 prercent since the beginning of the year. The markets are clear who is winning that war.

 

[Sportin' Wood]

We are already having a currency war.

The dollar has dropped over 4 prercent since the beginning of the year. The markets are clear who is winning that war.

Who is winning? I'm not very smart, I need to be spoken to like a Labrador Retriever.

If China, more reason for American Corporations to stop sending our jobs to them.

 

[530RL]

Who is winning? I'm not very smart, I need to be spoken to like a Labrador Retriever.

If China, more reason for American Corporations to stop sending our jobs to them.

China has been losing to the other 193 countries since the first Trump administration.

American companies are simply going to do what the American consumer demands, and that is the lowest prices possible.

It’s just that simple. And no administration can change it. Only the American consumer can. And I don’t see Walmart shoppers all of a sudden finding more money in their pockets, as a matter of economics it would appear they are going to have less money in their pockets.

 

[Sportin' Wood]

China has been losing to the other 193 countries since the first Trump administration.

American companies are simply going to do what the American consumer demands, and that is the lowest prices possible.

It’s just that simple. And no administration can change it. Only the American consumer can. And I don’t see Walmart shoppers all of a sudden finding more money in their pockets, as a matter of economics it would appear they are going to have less money in their pockets.

We have a different mindset. That's what makes the world go around.

I don't like to share my personal info, but trust me when I say, not all evil corporations ( I doubt any) want to produce goods for the lowest price possible. They want to produce goods for the highest margins possible and increase shareholder value. The price is flexible, the costs matter.

There is a great book called the Distributor Trap, that speaks to Walmart and other volume distributors and the games they pay fawking over private companies that think selling at Walmart is a good idea.

I work for an evil corporation BTW. I sell another piece of my soul every single day. We buy up these companies and squeeze value out of them. It's a double edged sword, there are fundamentals that drive up popularity of equities. We are all hypocrites. We sell ourselves in exchange for coin. The only difference between many of us is the swinging of the pendulum between the things we most believe in. I don't think anyone on RDP is a monk living a perfect life.

I have zero faith in any of it, I'm a hater, I'm bitter, but at least I try and be honest. So who is winning the currency war, I was having lunch with a friend yesterday and he mentioned trading currency, but we did not get into details. Seriously interested in your take.

 

[530RL]

We have a different mindset. That's what makes the world go around.

I don't like to share my personal info, but trust me when I say, not all evil corporations ( I doubt any) want to produce goods for the lowest price possible. They want to produce goods for the highest margins possible and increase shareholder value. The price is flexible, the costs matter.

There is a great book called the Distributor Trap, that speaks to Walmart and other volume distributors and the games they pay fawking over private companies that think selling at Walmart is a good idea.

I work for an evil corporation BTW. I sell another piece of my soul every single day. We buy up these companies and squeeze value out of them. It's a double edged sword, there are fundamentals that drive up popularity of equities. We are all hypocrites. We sell ourselves in exchange for coin. The only difference between many of us is the swinging of the pendulum between the things we most believe in. I don't think anyone on RDP is a monk living a perfect life.

I have zero faith in any of it, I'm a hater, I'm bitter, but at least I try and be honest. So who is winning the currency war, I was having lunch with a friend yesterday and he mentioned trading currency, but we did not get into details. Seriously interested in your take.

In your paragraph two, we are saying the same thing, just approaching it from a different line on the P&L. The end goal remains the same, take market share, maximize profits. And to do so, you must continually drive value to the customer by lowering costs in order to increase value to the customer yet keep or improve margin as your competitors do so. If you do not, the customer leaves for your competitor. Hence Walmart becoming the largest grocery chain. It is natural human behavior as you point out.

With respect to currency, who knows. As a corporation, we never hedged currency as it is a random walk. We tried to match currency revenue with same currency expenses limiting currency exposure on the bottom line dollar P&L while demonstrating operating performance of the business in our constant currency reporting.

Cracks Appear in Bullish US Dollar Story

Fiscal cuts in the Department of Defense and projected cuts in the proposed budget moving through Congress are likely to weigh on US growth expectations and the dollar going forward.

www.ssga.com

 

[lbhsbz]

you must continually drive value to the customer by lowering costs in order to increase value to the customer

Lowering costs does not drive value to customers, it drives shittier product to consumers. If more CEO's would get this fucking idea out of their heads, the world would be a better place and China would be out of business.

Why not deliver better product and better service for higher prices? That's value.

 

[regor]

Blah, blah, blah, blah................

Big corporations are not free market organizations. They destroy free markets by using government partnerships to erase competition.

Covid and the rise of the ESG woke propaganda in the US are perfect examples of the collusion between companies and governments to institute social engineering and erase free economic participation.

We are at war with big corporate scum, plain and simple.

 

[530RL]

Lowering costs does not drive value to customers, it drives shittier product to consumers. If more CEO's would get this fucking idea out of their heads, the world would be a better place and China would be out of business.

Why not deliver better product and better service for higher prices? That's value.

If you are correct, how did Walmart become the largest retailer?

Why is Costco such a dominant player?

Both of these extremely successful retailers don't pre-contract shipping for containers, but for entire container ships.

I think you look at the term "value" as Snap On versus Harbor Freight, or Neiman Marcus versus the clothing section at Walmart. I look at the term value as giving the consumer what they demand, and the bulk of the market demands Walmart and Costco's value proposition over the Neiman Marcus value proposition.

There is certainly a place for your vision of value, but most Americans struggle with paying their bills and need more for less.

 

[regor]

There is certainly a place for your vision of value, but most Americans struggle with paying their bills and need more for less.

Why do most Americans struggle to pay their bills lil snake and when did that start occurring?

 

[FROGMAN524]

Lowering costs does not drive value to customers, it drives shittier product to consumers. If more CEO's would get this fucking idea out of their heads, the world would be a better place and China would be out of business.

Why not deliver better product and better service for higher prices? That's value.

We now live in a disposable world. Nothing is made of metal, it's all plastic bullshit and nothing is repairable, it's all one use and throw away. Really a shame.

 

[530RL]

Why do most Americans struggle to pay their bills lil snake and when did that start occurring?

It started when the Mayflower landed...........

 

[evantwheeler]

My steel supplier reports that domestic mills are increasing prices to capitalize on the tariffs. Nothing but short term greed.

 

[lbhsbz]

If you are correct, how did Walmart become the largest retailer?

Why is Costco such a dominant player?

Both of these extremely successful retailers don't pre-contract shipping for containers, but for entire container ships.

I think you look at the term "value" as Snap On versus Harbor Freight, or Neiman Marcus versus the clothing section at Walmart. I look at the term value as giving the consumer what they demand, and the bulk of the market demands Walmart and Costco's value proposition over the Neiman Marcus value proposition.

There is certainly a place for your vision of value, but most Americans struggle with paying their bills and need more for less.

Because people are addicted to what they believe to be a deal.

You've probably noticed how when some companies run a "big sale"....they bump up all the retail prices and put a slash through that number only to offer it at yesterdays price for the "big sale"....and it works because people are stupid. These are not the types I want as customers.....I actually just blocked 3 potential buyers today on eBay because they felt that sending me an offer of a lower price for my kits was a good idea.....nope, sorry, fuck right off.

Snap On and Harbor Freight both offer a lifetime warranty...the Snap-On version is $200 and the Harbor freight version is $25. The difference is, you'll need the Harbor Freight warranty, and in the time you spend driving down there to exchange the tool, you could have been at the shop using the tool that's not a piece of shit to make that $200 back. Snap on is the better value in this case.

American's don't need more for less, they buy more for less because it's available. If things were more expensive and weren't shitty, we'd buy what we need and that's it.

I ordered some USB hubs on Amazon yesterday....they were $6 each. I only need one, but I ordered 5 because why the fuck not at that price. If they were $30 /each, I would have ordered one and been happy.

 

[Smitty7]

I only need one, but I ordered 5 because why the fuck not at that price

That's because only 3 out of the 5 will work . 2 of them are junk right out of the box . Already figured into the cheap price as acceptable losses right 530 ?

 

[regor]

It started when the Mayflower landed...........

Yea, typical lil non-answering Jekyll bitch...............

 

[lbhsbz]

That's because only 3 out of the 5 will work . 2 of them are junk right out of the box . Already figured into the cheap price as acceptable losses right 530 ?

Yep, and since shipping is more than the item is worth, nobody bothers returning them, they just go into the trash. The manufacturer sees no returns, so they have a 0% defect rate and all the executives take themselves out for dinner and drinks to celebrate their excellent quality

 

[SNiC Jet]

It started when the Mayflower landed...........

 

[530RL]

Because people are addicted to what they believe to be a deal.

You've probably noticed how when some companies run a "big sale"....they bump up all the retail prices and put a slash through that number only to offer it at yesterdays price for the "big sale"....and it works because people are stupid. These are not the types I want as customers.....I actually just blocked 3 potential buyers today on eBay because they felt that sending me an offer of a lower price for my kits was a good idea.....nope, sorry, fuck right off.

Snap On and Harbor Freight both offer a lifetime warranty...the Snap-On version is $200 and the Harbor freight version is $25. The difference is, you'll need the Harbor Freight warranty, and in the time you spend driving down there to exchange the tool, you could have been at the shop using the tool that's not a piece of shit to make that $200 back. Snap on is the better value in this case.

American's don't need more for less, they buy more for less because it's available. If things were more expensive and weren't shitty, we'd buy what we need and that's it.

I ordered some USB hubs on Amazon yesterday....they were $6 each. I only need one, but I ordered 5 because why the fuck not at that price. If they were $30 /each, I would have ordered one and been happy.

I don’t think people are stupid as you state above. I believe people should be free to make that choice. Not the government forcing it upon them.

If that means Snap On runs Harbor Freight out of business fine by me. But individuals should be free to make that choice even if you or I disagree with that choice.

 

[Sandlord]

I don’t think people are stupid as you state above. I believe people should be free to make that choice. Not the government forcing it upon them.

If that means Snap On runs Harbor Freight out of business fine by me. But individuals should be free to make that choice even if you or I disagree with that choice.

I can agree with that.
Same goes for Tik-Tok.
Individuals should be free to make a choice to use it or not.

 

[Sportin' Wood]

In your paragraph two, we are saying the same thing, just approaching it from a different line on the P&L. The end goal remains the same, take market share, maximize profits. And to do so, you must continually drive value to the customer by lowering costs in order to increase value to the customer yet keep or improve margin as your competitors do so. If you do not, the customer leaves for your competitor. Hence Walmart becoming the largest grocery chain. It is natural human behavior as you point out.

With respect to currency, who knows. As a corporation, we never hedged currency as it is a random walk. We tried to match currency revenue with same currency expenses limiting currency exposure on the bottom line dollar P&L while demonstrating operating performance of the business in our constant currency reporting.

Cracks Appear in Bullish US Dollar Story

Fiscal cuts in the Department of Defense and projected cuts in the proposed budget moving through Congress are likely to weigh on US growth expectations and the dollar going forward.

www.ssga.com

Thanks for the link.

Lots to unpack since I was last here it seems.

Some business models are a race to the bottom. In many cases those are companies that are run by Pikers who don't develop, but knock off others intellectual property and sell at discount.

Another business model is to sell on value, develop solutions and service customers.

It's not a one size fits all world. I've encouraged a drift away from the topic of Tariffs, but It was already a world in which governments have tipped the scales of free trade, so IMHO we (The USA) have no choice but to rise to occasion and push back.

 

[Cray Paper]

Go into the forums where USA lumber industry people congregate.
Foresters, lumberjacks, tree farmers,,
They say Canada has been fucking the USA with lumber for a very long time.

I suspect this will get settled soon enough especially with the Biden recession taking hold.

It is not just Canada being focused on sole sourcing timber production, it is also driven by tree hugger ideologue organizations in the US that cannot see the forest through the trees. Same as US consumers that voted politicians in place that trumpeted "free trade" and Bill Clintons trade agreements that forced the US in to trade agreements that complied with his US based "service economy".
Service being middle men, eliminating US manufacturing (and more so, allowing 100+ years of US based manufacturing knowledge to be ripped off) and national security for our country. I remember those treaties and thinking what the F, how does this secure our national security??? It didn't, it was all about money. and power in the mid 90's..and those policies are slowly killing our country and it is now coming to roost. Investor greed morons have no clue about the damage that has been done to this country, they just see a spreadsheet and think they can outsmart what is basic common fucking sense., until the known norm they only understand isn't. When that happens, we are totally fucked as a nation, and we are on the event horizon of that happening.

 

[lbhsbz]

I don’t think people are stupid as you state above. I believe people should be free to make that choice.

Well, I would disagree on your first point, but agree on your second choice...

We used to sell hub/bearing assemblies....2 product lines, premium (from OE suppliers like Timken, Koyo, Injin, etc) and an economy line from aftermarket factories in China. If I pick a part number....say the premium was $200 and the economy was $39. Shop charges 1.5 hours to replace the hub assembly. Shop labor, let's say...is $150/hr (way low for today, but say 10 years ago).

To get the premium part installed that will last 100K + miles, total price is $425

To get the economy part installed that has a designed life of 25K miles, total price is $274.

The customer will need to come back 3 more times to get 100K, at a total price of $996 for the "economy" parts (not counting time off work, etc) vs the $425 for the premium part in the first place. Which is the better value? Why would anyone in their right mind buy the economy parts?

Our sales of Economy hubs accounted for 98% of total hub sales, while only 2% chose the premium.

People are stupid.

Edit: to expand upon that, businesses that cater to the stupid people (lowest common denominator, race to the bottom, whatever you wanna call it) are part of the problem and NOT part of the solution. If these options are removed, then everything will get better in the long run.

 

[regor]

 

[Smitty7]

Didn't Canada used to be a proud country ? I think they smoke a lot of weed up there . I hope no videos of those 2 come out .

 

[spectras only]

Kevin O'leary, calls Mark Carney as Trudeau 2.0 Kevin is 100% right. Just today, Carney was sworn in, and according to the media, Carney announced to nix carbon tax. Sure, he's a climate champion, he'll renamr the carbon tax to something else.
Smoke and mirrors BS.

Another O'Leary take on tariffs