Quote:
Originally Posted by HDGristle
Go on a buying spree and try to frontload, and maybe wait out the bullshit. But that ties up capital in inventory you may have panic purchased at higher cost if the tariff perpetually gets can kicked.
And you'll have priced that in.
But let's focus on what Canada’s retaliatory tariffs and actions mean for us. We're not just looking at an immediate loss of market share in a very important industry in some red states. There's unintended consequences if we think about the full scope of Canadians taking Bourbon off the shelf and not just slapping on a tariff.
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How can you afford to pay for 4 years of inventory? And how will your suppliers provide it before April when tariffs kick in? Or now if you buy from China or you’re not an auto manufacturer and buy from Mexico or Canada?
Trump’s foolishly hyper focused on bilateral trade deficits. The deficit with Canada just might grow instead of shrinking because of his tariffs and insults. He’d undoubtedly prefer a more conservative government in Canada but has managed to rally Canadians around Trudeau’s party.
Like I said in another thread, he’s not the brightest bulb on the planet. But I sure do like what he’s managed to kick start in Ukraine.