Farley on tariffs [LOCKED DUE TO POLITICS]

[Scout]

Just saw Farley on Bloomberg news explaining how the tariff will affect Ford.
Sorry I don’t know how to share video.
It’s on YouTube,

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[oysterville]

Linked, for those interested.

 

[rich]

Here is the link

 

[ryanjo]

Farley Bloomberg TV interview

 

[FreedomPenguin]

Things aren’t getting cheaper that’s for sure

 

[Prickly Pear]

Trying to keep this non-political. Tariffs seem to be more of a burden on the poor and middle class than they are the rich, especially if you want to use them to replace income tax. Think about income vs spending. If you have to spend 80 to 100% of what you make on living expenses, you are likely to encounter tariff price increases on the majority of your purchases, whereas with income taxes you at least have deductions to offset your tax burden. If you are really friggin rich, where you only have to spend a small amount of your yearly income on living expenses, you will have less exposure to tariff increases percentage wise. If taxes are cut and offset with tariffs, the rich will get richer and the poor will get poorer.

 

[AMTRV]

Hardly non-political

 

[FreedomPenguin]

I doubt tariffs now happen, I think trump got what he wanted and maybe prices start going down?

 

[palmtreefrb]

I think most families have little wiggle room already as discretionary spending is already rock bottom. Corporations will need to lower their prices and expected profits.

 

[palmtreefrb]

I think most families have little wiggle room as discretionary spending is already rock bottom. Corporations will need to lower their prices and expected profits.

 

[Prickly Pear]

Hardly non-political

I was trying to address the economics of tariffs. What part made it political?

 

[Bob The Builder]

Ahhh, yet another tariff thread. I gotta make sure my popcorn supply is up to date.

 

[FreedomPenguin]

Popcorn is gross
Pistachios
Nomnom

 

[Mark1]

Popcorn is gross
Pistachios
Nomnom

I like Candy! Can't aFord an Egg McMuffin like our Orange can.

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