Tariffs

[Ron Burgundy]

How have tariffs affected anyone personally here? If they are as bad as some would have you believe shouldn't inflation be skyrocketing as a result and not hovering at less than 3%? For a while a can of Folger's was stupid at $20, but it's returned to half of that price. And if a foreign commodity reaches a price where I'm not comfortable with it, I simply won't buy it.

I buy American when I can but clothing and shoes are out of my budget.
I could see the price of the dress shirts I buy on Amazon fluctuate wildly between $20 and $60 depending if we had a tariff in a given month.
Thing is, I'm another $25 on every shirt getting them altered since I'm kinda top heavy. Fitted shirts aren't tapered enough anymore and I look sloppy like I have a muffin top.

 

[IndySteel]

How have tariffs affected anyone personally here? If they are as bad as some would have you believe shouldn't inflation be skyrocketing as a result and not hovering at less than 3%? For a while a can of Folger's was stupid at $20, but it's returned to half of that price. And if a foreign commodity reaches a price where I'm not comfortable with it, I simply won't buy it.

Personally, I’ve pretty much stopped ordering steak at restaurants. The cost is through the roof. $70 for a ribeye? Pass. I’ll buy from the farmer’s market annd grill at home. And I even have ownership in a steakhouse. That’s about it. Professionally, our steel mill customers in Mexico and Canada are getting hammered. Ternium’s production is down 50% and Algoma has been idled, to name two.

 

[Confluence]

Happy Anniversary y'all: