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Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!

 
Weyoun
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Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
"Neither the tariffs placed on steel and aluminum imposed a year ago nor the more recent ten percent tariff on Chinese goods pushed prices of goods sold to consumers up. And now we have price data from May that once again indicate no tariff pricing pressure on consumers.
...
Durable goods, products purchased by consumers and businesses that are expected to last three-years or more, are a good place to look for signs of tariff-led inflation. The producer-price data shows that prices of raw materials used in durable goods manufacturing fell 0.4 percent in April, the second consecutive monthly decline, and are down 0.9 percent from last year. Components for durable goods, the prices of parts that go into durables, were up just 0.1 percent in May and are up 1.6 percent from a year ago.

The nondurable goods category is where we might see signs of the China tariffs. Materials prices here rose 0.8 percent in May, a reversal of two months of decline in April and March. Compared with a year ago, however, prices are down 3.5 percent. Parts rose 0.1 percent for the month and are up just 1 percent compared with a year ago."

[link to www.breitbart.com (secure)]

We never needed stinkin' chicoms and we don't need them now or ever!
Anonymous Coward
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06/12/2019 04:48 AM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I keep a close eye on the Chinese bike parts at Walmart. Everything has stayed the same except for brake pads. They went up 30 cents.

Currently I'm looking at Rocky boots and what I want I can get for under $100 on sale. 8" high, full grain leather and 600 grams of Thinsulate. And thats one heck of a deal.

Tariffs? do they even exist?
Weyoun  (OP)

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06/12/2019 05:09 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
If commie China were to disappear tomorrow, America would go on trucking like nothing happened. There is nothing essential from commie China that America cannot quickly replace by themselves or by non-commie allies like South Korea, and there is so much crap sitting around in warehouses to last America for years, although it would only take us as little as a month to ramp up production of essentials.

FULL EMBARGO chicoms now! If they want to declare war, then let them dig their own grave!
Anonymous Coward
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06/12/2019 05:11 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
Chinese government subsidies, POTUS has said as much.
Anonymous Coward
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06/12/2019 05:12 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
"Neither the tariffs placed on steel and aluminum imposed a year ago nor the more recent ten percent tariff on Chinese goods pushed prices of goods sold to consumers up. And now we have price data from May that once again indicate no tariff pricing pressure on consumers.
...
Durable goods, products purchased by consumers and businesses that are expected to last three-years or more, are a good place to look for signs of tariff-led inflation. The producer-price data shows that prices of raw materials used in durable goods manufacturing fell 0.4 percent in April, the second consecutive monthly decline, and are down 0.9 percent from last year. Components for durable goods, the prices of parts that go into durables, were up just 0.1 percent in May and are up 1.6 percent from a year ago.

The nondurable goods category is where we might see signs of the China tariffs. Materials prices here rose 0.8 percent in May, a reversal of two months of decline in April and March. Compared with a year ago, however, prices are down 3.5 percent. Parts rose 0.1 percent for the month and are up just 1 percent compared with a year ago."

[link to www.breitbart.com (secure)]

We never needed stinkin' chicoms and we don't need them now or ever!
 Quoting: Weyoun


Your right everything is good , trust your gov!!!!
Gov would never lie
Anonymous Coward
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06/12/2019 05:14 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
"Neither the tariffs placed on steel and aluminum imposed a year ago nor the more recent ten percent tariff on Chinese goods pushed prices of goods sold to consumers up. And now we have price data from May that once again indicate no tariff pricing pressure on consumers.
...
Durable goods, products purchased by consumers and businesses that are expected to last three-years or more, are a good place to look for signs of tariff-led inflation. The producer-price data shows that prices of raw materials used in durable goods manufacturing fell 0.4 percent in April, the second consecutive monthly decline, and are down 0.9 percent from last year. Components for durable goods, the prices of parts that go into durables, were up just 0.1 percent in May and are up 1.6 percent from a year ago.

The nondurable goods category is where we might see signs of the China tariffs. Materials prices here rose 0.8 percent in May, a reversal of two months of decline in April and March. Compared with a year ago, however, prices are down 3.5 percent. Parts rose 0.1 percent for the month and are up just 1 percent compared with a year ago."

[link to www.breitbart.com (secure)]

We never needed stinkin' chicoms and we don't need them now or ever!
 Quoting: Weyoun


Your right everything is good , trust your gov!!!!
Gov would never lie
 Quoting: Anonymous Coward 73367941


Congress and Rinos are one in the same.

It's obvious you trust liberal media.
Watch this clip and then talk.

Anonymous Coward
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06/12/2019 05:17 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I'm getting notices from all my AV vendors on price increases.

Scam.
Anonymous Coward
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06/12/2019 05:17 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
This chart shows tariffs are raising prices for consumers and it could get worse.

[link to www.cnbc.com (secure)]
Anonymous Coward
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06/12/2019 05:21 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
China has fostered and participated in America's cultural decline as a way of bolstering the market for their cheap, shit products. Its just fine for them if Americans don't have money to purchase decent quality products because it makes their shit products more attractive. China laughs when more Americans take opioids, have children out of wedlock, fail in their education, stop going to church, sign up for food stamps, watch garbage and filth on their TVs and cell phones every waking minute, because they know their customer base is expanding.

norespect
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06/12/2019 05:22 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
The tariffs are on the new product being shipped now...nothing that is currently here will go up.
Jake

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06/12/2019 05:23 PM

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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
Trump stated today that all Indications and charts are

showing that the Chinese Government are paying the tariffs

to prevent companies from leaving china.

Meanwhile the USA is raking in the billions
Weyoun  (OP)

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06/12/2019 06:05 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
This chart shows tariffs are raising prices for consumers and it could get worse.

[link to www.cnbc.com (secure)]
 Quoting: Anonymous Coward 77684506


From "Goldman Sachs Investment Research" HAHAHA too funny!

mao
Weyoun  (OP)

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06/12/2019 06:08 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
China has fostered and participated in America's cultural decline as a way of bolstering the market for their cheap, shit products. Its just fine for them if Americans don't have money to purchase decent quality products because it makes their shit products more attractive. China laughs when more Americans take opioids, have children out of wedlock, fail in their education, stop going to church, sign up for food stamps, watch garbage and filth on their TVs and cell phones every waking minute, because they know their customer base is expanding.

norespect
 Quoting: Anonymous Coward 77441624


putinright

The degradation of American morals, society and culture is planned and executed by commie agents.



Thread: KGB defector Yuri Bezmenov's warning to America

Last Edited by Weyoun on 06/12/2019 06:10 PM
Russian hacker

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06/12/2019 06:11 PM

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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I deal a lot with steel and metals. I'm maga but prices have risen substantially in the past year. I can say quite confidently that all metals have gone up over 10%. And some of the parts sourced from China are being passed on to us and in turn is costing more. Even metal sourced in the us has gone up because the know they can get it, which is fine. Like I said I'm all about maga but to say prices aren't going up, I have seen different. That said. If it helps maga and doesn't hurt maga then bring it the fuck on. As of now people are paying so there is no problems.
continuity

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06/12/2019 06:11 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
It means that the savings from companies going overseas where not passed to the consumer. It means that companies manufacturing overseas are now competing more with companies working from the United States. It means prices are as high as consumers are willing to accept!
CSnow

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06/12/2019 06:12 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
If commie China were to disappear tomorrow, America would go on trucking like nothing happened. There is nothing essential from commie China that America cannot quickly replace by themselves or by non-commie allies like South Korea,
 Quoting: Weyoun


The Limousine Liberals and Champagne Socialists of the American and Western economies would disagree.

"We came, we saw, we ripped you off (cackle, cackle)."


.
Wondering Mind

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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
If commie China were to disappear tomorrow, America would go on trucking like nothing happened. There is nothing essential from commie China that America cannot quickly replace by themselves or by non-commie allies like South Korea, and there is so much crap sitting around in warehouses to last America for years, although it would only take us as little as a month to ramp up production of essentials.

FULL EMBARGO chicoms now! If they want to declare war, then let them dig their own grave!
 Quoting: Weyoun


I would love for Korea to remake the KIA Sportage 4x4 SUV that little SUV is my favorite vehicle.
I love them.
The most precious things are the simple things in life, always present in the simplest of minds.
Weyoun  (OP)

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06/12/2019 06:19 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I deal a lot with steel and metals. I'm maga but prices have risen substantially in the past year. I can say quite confidently that all metals have gone up over 10%. And some of the parts sourced from China are being passed on to us and in turn is costing more. Even metal sourced in the us has gone up because the know they can get it, which is fine. Like I said I'm all about maga but to say prices aren't going up, I have seen different. That said. If it helps maga and doesn't hurt maga then bring it the fuck on. As of now people are paying so there is no problems.
 Quoting: Russian hacker


The price increases are aligned with overall inflation and not a special tariff-caused case, from the article:

"Let’s look at some heavy duty steel and aluminum products. Aircraft prices rose 0.1 in May and are up 2.0 percent from a year ago. That’s the highest annual price hike on the list so far but it is less than the overall rise in producer prices, indicating that this is not a tariff-led price hike. It’s also very close to the Federal Reserve’s target of 2 percent inflation."

"Prices of steel mill products, which are an intermediate good used to produce consumer goods, fell 0.6 percent in May. Prices for steel mill products also fell 1.7 percent in April, held flat in March, and fell 3.2 percent in January. On an annual basis, which now means comparing prices of products immediately after the steel tariffs and more than a year after they were imposed, prices are up just 1.1 percent.

A month ago, steel mill prices were still showing a steep 5.8 percent increase on an annual basis. In February, prices were up 12.6 percent compared with the year prior and in October they were up 18.6 percent. In other words, the tariffs are not inflationary in the ordinary sense of the word. They resulted in higher intermediate prices paid by businesses but did not create ongoing price pressure."
Deplorable Xeven

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06/12/2019 06:23 PM

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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
They are in China.
I reserve the right to declare my comments and posts as satire. Nothing I post should be considered or interpreted as advocacy for illegal activity. My comments maybe designed to inspire critical political thinking.
Anonymous Coward
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06/12/2019 07:28 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I just got back from the local boot store and I saw no evidence of tariffs.
Anonymous Coward
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06/12/2019 07:31 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
The first solar panel I bought came from Indonesia, $108.99 on amazon.

Second on I bought a year later came from Canada, is of visibly better quality and cost a few dollars less on amazon.

I spoke with the manufacturer and they said the tariffs on Asian solar panels caused them to source Canadian panels.
SoberLife

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06/12/2019 07:32 PM

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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I work in the cabinet industry and I have received a 3% price increase across the board for Chinese goods. This makes Chinese cabinets the SAME price as American made entry level cabinets.

The solution is simple, when consumers are presented with the option, they'll choose American made every time as long as they're the same price.

That being said, I have everyone minimal price increase on the American made products, even though the birch plywood used for the assembly of the cabinet boxes is imported from China. The price increases I have received on American items are based on time cycles, not tariffs.
Anonymous Coward
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
"Neither the tariffs placed on steel and aluminum imposed a year ago nor the more recent ten percent tariff on Chinese goods pushed prices of goods sold to consumers up. And now we have price data from May that once again indicate no tariff pricing pressure on consumers.
...
Durable goods, products purchased by consumers and businesses that are expected to last three-years or more, are a good place to look for signs of tariff-led inflation. The producer-price data shows that prices of raw materials used in durable goods manufacturing fell 0.4 percent in April, the second consecutive monthly decline, and are down 0.9 percent from last year. Components for durable goods, the prices of parts that go into durables, were up just 0.1 percent in May and are up 1.6 percent from a year ago.

The nondurable goods category is where we might see signs of the China tariffs. Materials prices here rose 0.8 percent in May, a reversal of two months of decline in April and March. Compared with a year ago, however, prices are down 3.5 percent. Parts rose 0.1 percent for the month and are up just 1 percent compared with a year ago."

[link to www.breitbart.com (secure)]

We never needed stinkin' chicoms and we don't need them now or ever!
 Quoting: Weyoun
hesright
Anonymous Coward
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06/12/2019 07:47 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
Uhh op hasn't bought groceries or anything else in a while.
Anonymous Coward
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06/12/2019 07:52 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I keep a close eye on the Chinese bike parts at Walmart. Everything has stayed the same except for brake pads. They went up 30 cents.

Currently I'm looking at Rocky boots and what I want I can get for under $100 on sale. 8" high, full grain leather and 600 grams of Thinsulate. And thats one heck of a deal.

Tariffs? do they even exist?
 Quoting: Anonymous Coward 10485453


WHERE DID THE MONEY GO BEFORE?
Anonymous Coward
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06/12/2019 08:20 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I deal a lot with steel and metals. I'm maga but prices have risen substantially in the past year. I can say quite confidently that all metals have gone up over 10%. And some of the parts sourced from China are being passed on to us and in turn is costing more. Even metal sourced in the us has gone up because the know they can get it, which is fine. Like I said I'm all about maga but to say prices aren't going up, I have seen different. That said. If it helps maga and doesn't hurt maga then bring it the fuck on. As of now people are paying so there is no problems.
 Quoting: Russian hacker


The price increases are aligned with overall inflation and not a special tariff-caused case, from the article:

"Let’s look at some heavy duty steel and aluminum products. Aircraft prices rose 0.1 in May and are up 2.0 percent from a year ago. That’s the highest annual price hike on the list so far but it is less than the overall rise in producer prices, indicating that this is not a tariff-led price hike. It’s also very close to the Federal Reserve’s target of 2 percent inflation."

"Prices of steel mill products, which are an intermediate good used to produce consumer goods, fell 0.6 percent in May. Prices for steel mill products also fell 1.7 percent in April, held flat in March, and fell 3.2 percent in January. On an annual basis, which now means comparing prices of products immediately after the steel tariffs and more than a year after they were imposed, prices are up just 1.1 percent.

A month ago, steel mill prices were still showing a steep 5.8 percent increase on an annual basis. In February, prices were up 12.6 percent compared with the year prior and in October they were up 18.6 percent. In other words, the tariffs are not inflationary in the ordinary sense of the word. They resulted in higher intermediate prices paid by businesses but did not create ongoing price pressure."
 Quoting: Weyoun


This.

And anyone who work hand in in importiion of metal, they should have heard of ChiCom has shit their bed trying to relabel their metal as "made in X, Y, Z..." to avoid tariffs. Ask yourself why is that if they have confidence in their ability to control the market.
Anonymous Coward
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06/12/2019 08:22 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
Ehh, since the tariff went into effect, the price of a gallon of water went from 98 cents, to 60 cents. Price of the generic toilet paper I buy, went from $1+ to 60 cents.

Granted, I don't spend much money aside for necessities and sometimes gifts for others.
Weyoun  (OP)

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06/12/2019 08:56 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I deal a lot with steel and metals. I'm maga but prices have risen substantially in the past year. I can say quite confidently that all metals have gone up over 10%. And some of the parts sourced from China are being passed on to us and in turn is costing more. Even metal sourced in the us has gone up because the know they can get it, which is fine. Like I said I'm all about maga but to say prices aren't going up, I have seen different. That said. If it helps maga and doesn't hurt maga then bring it the fuck on. As of now people are paying so there is no problems.
 Quoting: Russian hacker


The price increases are aligned with overall inflation and not a special tariff-caused case, from the article:

"Let’s look at some heavy duty steel and aluminum products. Aircraft prices rose 0.1 in May and are up 2.0 percent from a year ago. That’s the highest annual price hike on the list so far but it is less than the overall rise in producer prices, indicating that this is not a tariff-led price hike. It’s also very close to the Federal Reserve’s target of 2 percent inflation."

"Prices of steel mill products, which are an intermediate good used to produce consumer goods, fell 0.6 percent in May. Prices for steel mill products also fell 1.7 percent in April, held flat in March, and fell 3.2 percent in January. On an annual basis, which now means comparing prices of products immediately after the steel tariffs and more than a year after they were imposed, prices are up just 1.1 percent.

A month ago, steel mill prices were still showing a steep 5.8 percent increase on an annual basis. In February, prices were up 12.6 percent compared with the year prior and in October they were up 18.6 percent. In other words, the tariffs are not inflationary in the ordinary sense of the word. They resulted in higher intermediate prices paid by businesses but did not create ongoing price pressure."
 Quoting: Weyoun


This.

And anyone who work hand in in importiion of metal, they should have heard of ChiCom has shit their bed trying to relabel their metal as "made in X, Y, Z..." to avoid tariffs. Ask yourself why is that if they have confidence in their ability to control the market.
 Quoting: Anonymous Coward 77549932


Chicom steel is what caused the bridge collapse in Florida. We call it "chinesium" for a reason. We don't need that crap here.

[link to www.urbandictionary.com (secure)]

Last Edited by Weyoun on 06/12/2019 08:57 PM
Russian hacker

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06/12/2019 09:31 PM

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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
I deal a lot with steel and metals. I'm maga but prices have risen substantially in the past year. I can say quite confidently that all metals have gone up over 10%. And some of the parts sourced from China are being passed on to us and in turn is costing more. Even metal sourced in the us has gone up because the know they can get it, which is fine. Like I said I'm all about maga but to say prices aren't going up, I have seen different. That said. If it helps maga and doesn't hurt maga then bring it the fuck on. As of now people are paying so there is no problems.
 Quoting: Russian hacker


The price increases are aligned with overall inflation and not a special tariff-caused case, from the article:

"Let’s look at some heavy duty steel and aluminum products. Aircraft prices rose 0.1 in May and are up 2.0 percent from a year ago. That’s the highest annual price hike on the list so far but it is less than the overall rise in producer prices, indicating that this is not a tariff-led price hike. It’s also very close to the Federal Reserve’s target of 2 percent inflation."

"Prices of steel mill products, which are an intermediate good used to produce consumer goods, fell 0.6 percent in May. Prices for steel mill products also fell 1.7 percent in April, held flat in March, and fell 3.2 percent in January. On an annual basis, which now means comparing prices of products immediately after the steel tariffs and more than a year after they were imposed, prices are up just 1.1 percent.

A month ago, steel mill prices were still showing a steep 5.8 percent increase on an annual basis. In February, prices were up 12.6 percent compared with the year prior and in October they were up 18.6 percent. In other words, the tariffs are not inflationary in the ordinary sense of the word. They resulted in higher intermediate prices paid by businesses but did not create ongoing price pressure."
 Quoting: Weyoun


This.

And anyone who work hand in in importiion of metal, they should have heard of ChiCom has shit their bed trying to relabel their metal as "made in X, Y, Z..." to avoid tariffs. Ask yourself why is that if they have confidence in their ability to control the market.
 Quoting: Anonymous Coward 77549932


Look, y'all call divide x by y and spin me round but even the steel coming from Canada has been inflated. Whether inflation or tariffs, the prices of whole goods has gone up and has moreso in the last year than previous years. To be clear, I am good with it, until it affects business to where no one wants to spend. We are close, this cannot keep going. It's a fine line but that line is about to be crossed. We are already seeing it.
just wait
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06/12/2019 09:34 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
The tariffs are on the new product being shipped now...nothing that is currently here will go up.
 Quoting: Anonymous Coward 77635059


You can't use logic with the tariff-tards. They will only listen 6 weeks from now when the sea shipments hit port and their dildos and bongs go up 50% overnight.

A national sales tax i what this is. Soon it will hit us hard and interest rates will have to go up to absorb the inflation, which will cause foreclosures and a greater recession.

Tariff-tards will soon be paying more for tents and buckets to sleep in the parks. F^cking idiots.
Anonymous Coward
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06/12/2019 09:42 PM
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Re: Tariff Fearmongering Hoaxes DEBUNKED. Prices Are NOT Rising!
lol.

all foods and commodities are purchased first at wholesale lever BY CONTRACT AT A SET PRICE THAT CANNOT CHANGE.

When those contracts expire, you will indeed see prices rise.

smell the coffee yet?