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Yesterday, 08:06 AM
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#181
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BANNED
Join Date: Jan 31, 2010
Location: TX
Posts: 895
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OTOH, the tariffs are helping one segment of the economy...
Quote:
DHL is hiring hundreds of customs experts to help businesses navigate unprecedented trade turbulence that is upending supply chains even as the integrated logistics giant expects a more muted peak shipping season this fall.
A barrage of constantly changing U.S. tariff policies has whipsawed freight markets, with shippers fast-forwarding overseas orders to beat tariff deadlines, then reducing imports because inventories are high, and looking to find suppliers outside China — where average U.S. tariffs are 58%. The May 2 cancellation of the de minimis rule, a duty-free exemption for low-value parcels, also sharply reduced airfreight for e-commerce shipments.
DHL Express has added more than 680 customs, finance and customer service specialists this year to help small businesses, especially those used to filing minimal documentation for de minimis shipments and who now must submit a formal entry along with import taxes and fees for the first time, manage new compliance requirements,
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https://finance.yahoo.com/news/dhl-s...133924136.html
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Yesterday, 11:48 AM
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#182
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Lifetime Premium Access
Join Date: Mar 4, 2010
Location: Texas
Posts: 9,606
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Second quarter QoQ GDP growth was revised upwards to 3.8% today, the highest since the 3Q of 2023. I don't believe Trump's policies had a lot to do with that, except that pre-tariff inventory building in the 1Q depressed GDP, because of the way it's calculated by the BEA. And that made 2Q growth look better. However I'm curious to see how Blackman, RX, et al explain how the economy went to hell in a handbasket when GDP growth was 3.8%.
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Yesterday, 12:38 PM
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#183
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BANNED
Join Date: Jan 31, 2010
Location: TX
Posts: 895
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Trump's gonna take tariff money to help out the farmers who are being hurt by his tariffs/trade war. At least that's what I think he said in this word salad, excuse me...weave.
Quote:
We’re going to take some of that tariff money that we made, we’re going to give it to our farmers, who are, for a little, going to be hurt until it kicks in — the tariffs kick in to their benefit. So, we’re going to make sure our farmers are in great shape ’cause we’re taking in a lot of money.”
“We’re finding, the other day, it was very interesting — they found $31 billion,”
They said, “Sir,” I said, “You mean positively, right?” They said, “Yeah, 31 more than we knew. We didn’t know where it came from.” I said, “Check the tariff shelf.” They came back the following morning, they said, “You’re right sir, it came from the tariffs. We’ve never seen anything like this.”
Oh wait...that was $31 MILLION on the lost and found tariff shelf...
So what we’re going to be doing is taking some money from all of the tariff money that we’re taking and we’re going to be distributing it to all of our farmers, until the tariffs kick in to their benefit. which, ultimately, the farmers are going to be making a fortune. But it’s a process that ultimately has to kick in.
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Good to know farmers are going to 'make a fortune'
$31 billion lost on the 'tariff shelf'...whoda thunk it?
the U.S. has collected $165.4 billion from them as of Sept. 22...19% got lost on the 'tariff shelf'...
sure......
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Yesterday, 03:57 PM
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#184
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Lifetime Premium Access
Join Date: Nov 16, 2013
Location: Baton Rouge
Posts: 6,643
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Quote:
Originally Posted by Tiny
Second quarter QoQ GDP growth was revised upwards to 3.8% today, the highest since the 3Q of 2023. I don't believe Trump's policies had a lot to do with that, except that pre-tariff inventory building in the 1Q depressed GDP, because of the way it's calculated by the BEA. And that made 2Q growth look better. However I'm curious to see how Blackman, RX, et al explain how the economy went to hell in a handbasket when GDP growth was 3.8%.
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Are prices down for the average person? Are more people unemployed? Are bankruptcies up, individual and business? Those are more important indicators.
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Yesterday, 04:06 PM
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#185
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BANNED
Join Date: Jan 31, 2010
Location: TX
Posts: 895
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Quote:
Originally Posted by 1blackman1
Are prices down for the average person? Are more people unemployed? Are bankruptcies up, individual and business? Those are more important indicators.
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https://www.uscourts.gov/data-news/j...-previous-year
Quote:
Personal and business bankruptcy filings rose 11.5 percent in the twelve-month period ending June 30, 2025, compared with the previous year.
According to statistics released by the Administrative Office of the U.S. Courts, annual bankruptcy filings totaled 542,529 in the year ending June 2025, compared with 486,613 cases in the previous year.
Business filings rose 4.5 percent, from 22,060 to 23,043 in the year ending June 30, 2025. Non-business bankruptcy filings rose 11.8 percent to 519,486, compared with 464,553 in the previous year.
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Yesterday, 06:17 PM
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#186
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BANNED
Join Date: Jan 31, 2010
Location: TX
Posts: 895
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Yeah...you know that 1500% reduction in drug costs Trump 'promised'...
I think it just got a little harder.
Quote:
"Starting October 1st, 2025, we will be imposing a 100% Tariff on any branded or patented Pharmaceutical Product, unless a Company IS BUILDING their Pharmaceutical Manufacturing Plant in America.
"'IS BUILDING' will be defined as, 'breaking ground' and/or 'under construction.' There will, therefore, be no Tariff on these Pharmaceutical Products if construction has started. Thank you for your attention to this matter!"
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https://truthsocial.com/@realDonaldT...67512131958759
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Yesterday, 06:31 PM
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#187
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BANNED
Join Date: Jan 31, 2010
Location: TX
Posts: 895
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Add in
Quote:
We will be imposing a 50% Tariff on all Kitchen Cabinets, Bathroom Vanities, and associated products, starting October 1st, 2025. Additionally, we will be charging a 30% Tariff on Upholstered Furniture. The reason for this is the large scale “FLOODING” of these products into the United States by other outside Countries. It is a very unfair practice, but we must protect, for National Security and other reasons, our Manufacturing process. Thank you for your attention to this matter!
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Quote:
In order to protect our Great Heavy Truck Manufacturers from unfair outside competition, I will be imposing, as of October 1st, 2025, a 25% Tariff on all “Heavy (Big!) Trucks” made in other parts of the World. Therefore, our Great Large Truck Company Manufacturers, such as Peterbilt, Kenworth, Freightliner, Mack Trucks, and others, will be protected from the onslaught of outside interruptions. We need our Truckers to be financially healthy and strong, for many reasons, but above all else, for National Security purposes!
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? Aren't a number of Freightliner (Daimler Truck North America LLC) trucks made in Mexico?
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Yesterday, 07:49 PM
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#188
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Valued Poster
Join Date: Feb 9, 2011
Location: Earth
Posts: 766
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Quote:
Originally Posted by RX792P
Third day in a row the stock markets are not happy.
Hopefully not a trend.
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What are you talking about? Major indices in the US are at all time highs but for Main St. it isn't the best of times. Word is that the big money players have ditched the stock markets and have gravitated towards safe haven assets. With the Fed lowering interest rates it should keep the stock market propped up in this fake prosperity of sky high inflation.
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Yesterday, 08:02 PM
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#189
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Valued Poster
Join Date: Feb 9, 2011
Location: Earth
Posts: 766
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One tid bit of information I would like to know in the "Trump Economy" is how much have pussy prices went up around the globe such as in Europe, Latin and South America, Africa, and Asia??? Where are pussy prices going up the fastest compared to 5 or 10 years ago?
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Yesterday, 09:14 PM
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#190
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Lifetime Premium Access
Join Date: Mar 4, 2010
Location: Texas
Posts: 9,606
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Quote:
Originally Posted by CPT Savajo
One tid bit of information I would like to know in the "Trump Economy" is how much have pussy prices went up around the globe such as in Europe, Latin and South America, Africa, and Asia??? Where are pussy prices going up the fastest compared to 5 or 10 years ago?
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I used to know a lot about that but since I took a vow of monogamy my knowledge is getting old. My belief is that the increase hasn't been that much different in the USA from other places over 5 to 10 years. The USA is still relatively expensive. You'll find better bargains in Europe right now, even though the dollar's taken a bit of a tumble against the Euro, Pound and Franc.
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Yesterday, 09:56 PM
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#191
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 12,449
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Quote:
Originally Posted by Tiny
Second quarter QoQ GDP growth was revised upwards to 3.8% today, the highest since the 3Q of 2023. I don't believe Trump's policies had a lot to do with that, except that pre-tariff inventory building in the 1Q depressed GDP, because of the way it's calculated by the BEA. And that made 2Q growth look better. However I'm curious to see how Blackman, RX, et al explain how the economy went to hell in a handbasket when GDP growth was 3.8%.
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... I surely meant to make-mention of this, Tiny.
Thanks for doing it First! ...  ...
#### Salty
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Yesterday, 09:58 PM
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#192
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Lifetime Premium Access
Join Date: Mar 4, 2010
Location: Texas
Posts: 9,606
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Beat you to it Salty!
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Quote
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Yesterday, 10:04 PM
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#193
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Valued Poster
Join Date: Sep 26, 2021
Location: down under Pittsburgh
Posts: 12,449
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Quote:
Originally Posted by Tiny
Beat you to it Salty!
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... I was gonna wait a day or two - and see if they
revised it HIGHER yet-again! ...
... WINNING! ...  ...
##### Salty
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