Anonymous #1 1w

You're a fool

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Anonymous #2 1w

How

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Anonymous #1 1w

Believing tariffs will in anyway help prices. By what mechanism would tariffs lower prices?

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Anonymous #2 1w

I’m telling you what I’m seeing, and it’s prices going down. Or at least staying the same.

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Anonymous #2 1w

Tariffs can be deflationary, did you not learn this with your 6 figure education????

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Anonymous #3 1w

Deflation is a horrific thing for the economy btw

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Anonymous #4 1w

Not always, if it is occurring via productivity growth.

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Anonymous #1 6d

Prices are cooling a little bit. Some companies over adjusted prices in fear of the tariffs, and are coming into more consistent post-tariff pricing now that Trump has become less volatile in placing them. However, prices are still higher than they were last year and will never be anywhere near as low as they were again while the US is under tariffs.

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Anonymous #1 6d

Prices probably aren’t going down across the board though. Could be a substitution effect for one, like switching to margarine if butter becomes too expensive. It could be a decrease in consumer confidence, which may force producers to bear more of the burden than they typically would since they’re nearly universal. Could also be a decrease in exports (selling soybeans to China for example) leading to increased supply.

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Anonymous #6 6d

Tariffs have never worked out for the US in our history, and a fun fact is that a tariff on Tea was the tipping point for the American Revolution. Tariffs stifle global trade, which increase prices all around. This also leads to the loss of allies and good will among other countries. As it stands, should the US need help, not many countries will come to its aid again.

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Anonymous #1 6d

Economists nearly universally agree that prices are gonna rise, the main disagreement is simply how it’s gonna happen and when it’ll reflect in data. Some argue it’ll be a one-time spike while others say it’ll be a progressive rise as the burden of tariffs slowly shifts onto consumers. Powell has done good keeping the rates steady, but with the announcement of prioritizing the job market, the almost guaranteed rate cut today will spur inflation beyond the 3% year-over-year increase we have rn.

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Anonymous #6 6d

And as OP 5 mentioned, the soybean trade is a great example. China every year buys a little over half of all US soybeans. Under the trade war sparked by president trump, China has bought ZERO US soybeans. These farmers are objectively suffering as they will not sell these crops while they waste away in silos. Instead China is purchasing from Brazil. There are reports today that China may finally be tapping into US soybeans out of necessity, but not at the rate previously purchased

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Anonymous #6 6d

Speaking on things getting a little worse before getting much better, they won’t get better. Tariffs are supposed to punish US consumers for purchasing foreign goods, thus encouraging them to spend locally. However, much of what the average consumer consumes is not and cannot be made locally. We have too many worker protections and worker rights than would allow a cell phone to be fully produced here. And worker rights and protections are good things, but they do increase the cost of production.

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Anonymous #6 6d

As such, the best course of action to encourage manufacturing and production in the US would not be tariffing overseas goods, but rather the government offering incentives for production to occur in the US. Examples include: tax breaks, grants, government projects, etc. Tariffs do not offer direct encouragement, and as such, they do not actually solve the problem the president states.

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Anonymous #6 6d

Tariffs will only lead to further and further negative economic consequences. Not only for the United States, but also for every country we engage in trade with. They are a net negative for citizens of the world. If I were to put it philosophically for you: a good leader does not block off the roads leaving a city to keep money in, they build up the city so that money will come in.

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Anonymous #6 6d

Also I’m gonna mention that we’ve already found evidence that companies are just moving production to countries with lower tariffs. That’s another big reason why prices are staying low. Even if those countries have higher wages, it’s still cheaper than paying tariffs or moving production to America

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Anonymous #5 6d

I actually majored in finance and minored in econ, sorry to disappoint lol.

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Anonymous #1 6d

That’s interesting. The actual CPI data doesn’t indicate price drops, in fact inflation has actually ticked up. I’ve seen a few people online claim anecdotally that prices are going down where they live. Where and what prices? Regardless, Trump’s tariffs provide 0 short term or long term benefits that outweigh the costs associated with them. Theoretically, small targeted tariffs can result in a net gain, but never have in practice. Sweeping tariffs don’t even have a theoretical net gain.

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Anonymous OP 6d

To be fair, we’ve seen an unchanged MoM and I believe even a decrease MoM report, but the net change since the start of Trump’s second term is an overall rise in prices. I also remember a FOX News post on tiktok trying to present a .1% lower than expected monthly inflation report as a 33% decrease. It was expected to be a 0.3% increase but ended up being 0.2%

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