Tariffs?

[bpj]

Sure thing Fritz.

hitler.jpg

Thanks for proving my points yet again.

[Walla Walla Dawg II]

This is a little something that was posted in LinkedIn about tariffs...:

Finally some positive news on hashtag#tariffs for the hashtag#construction industry.

Yesterday the President declared Liberation Day by unveiling his plans for reciprocal tariffs.

Contained in the flood of new information was some very positive news for the hashtag#buildingindustry.

Both Canada and Mexico agreed to remove their tariffs on US products if the US also removes their tariffs!

In addition, the administration also agreed to recognize the importance of critical construction inputs for housing and chose to continue current exemptions for Canadian and Mexican products, with exemptions for lumber from any new tariffs at this time.

This is a very positive development for home construction. While the other tariffs could impact the cost of construction the single biggest impact of lumber will not be impacted.

Since much of our drywall gypsum comes from Mexico as well as thermal shielding for appliances, insulation, and some stone products the impact of these tariffs will be lessened.

In addition to Canada and Mexico coming to an agreement, Vietnam cut tariffs on cars, liquified gas, and agricultural products.

Likewise Israel removed all their tariffs which impacts the agricultural sector.

While many countries have dropped their tariffs other reciprocal tariffs were added yesterday to countries such as China, European Union, Japan, India, South Korea, Thailand, Switzerland, Indonesia, Brazil, South America, Chile, Australia, Cota Rica, Nicaragua, Argentina, Saudi Arabia and many more.

These tariffs will help reduce an over 1.2 trillion dollar trade imbalance in 2024.
They also provide a more even playing field to promote more American Manufacturing.

•Apple just invested $500 Billion in factories in the next four years.
•Eli Lilly is doubling US Manufacturing to 1.7 billion dollars.
•Toyota starting a new battery plant in North Carolina with a 14 billion dollar facility
•Overland AI announced a factory in Seattle.
•Diageo announced a new 415 million dollar manufacturing and warehouse in Alabama.
•Nissan announced a 661 million dollar investment in Canton for EV production.
•Honda is building their Civics in Indiana

These new investments add thousands of American jobs, create new tax revenue and stabilize our supply chain and make the United States less reliant on foreign goods.

While these are all positive developments the reciprocal tariffs on China will still affect the building industry. The most affected products will be quartz countertops, lighting fixtures, hardware, framing nails, screws, pre-finished flooring, pre-made cabinetry, appliances, and electronics.

Many of these manufacturers are working to change their production and sourcing of these products to the United States and other countries to lessen or remove the impact of the tariffs.

While some costs may go up for the building industry, two of the biggest cost inputs, lumber and drywall tariffs been avoided and that is a very good thing.

[Walla Walla Dawg II]

Sure thing Fritz.

hitler.jpg

Thanks for proving my points yet again.

You have a weird understanding of 'proving your points'. But I'm not surprised you believe this.

[bpj]

Sure thing Fritz.

hitler.jpg

Thanks for proving my points yet again.

You have a weird understanding of 'proving your points'. But I'm not surprised you believe this.

I have a conversation, you call me Hitler.

Pretty much how it goes because you have no counterpoints, just blind allegiance.

I couldn't care less about being called an antisemite or Hitler. It's exactly like the libs calling everyone racist and misogynistic.

Time's up, people see the truth now. Especially when smoothbrains like you try and run cover.

[Walla Walla Dawg II]

Another thing from LinkedIn

By
Adam OxsenAdam Oxsen
CEO & Founder ROX Energy Capital
3rd Generation Oil & Gas Operator


Trump just launched an economic missile at China, Korea, Japan, and India.
Yet he specifically protected one industry from any taxation whatsoever...
Here's who really wins in Trump's economic power play:

Trump just unleashed 10-34% tariffs on global imports while completely exempting one industry.

That industry? Energy commodities.

This isn't just another trade policy – it's America's new economic power play.

April 2, 2025 – "Liberation Day."

Trump announced sweeping tariffs that sent global markets tumbling.

But crude oil, natural gas, and refined products received a complete exemption from this tariff tsunami.

The market reaction was fascinating.

Despite the exemption, oil prices dropped sharply – with WTI falling below $70.

Why? Because markets initially feared reduced fuel demand from global economic slowdown.

This is temporary market psychology – and creates a massive buying opportunity.

For decades, America has fought for energy independence.

Today, we're the world's largest producer of oil and natural gas.

Trump's exemption isn't random – it's calculated to preserve this advantage.

The policy creates unprecedented leverage:

Countries hit hardest by tariffs (China, Japan, Korea) will still need our energy exports.

When China faces 34% tariffs on everything they sell us, but we can sell them natural gas without penalty, who holds the power?

America does.

The energy sector becomes our strategic queen on the economic chessboard.

The most promising segments include:

• U.S. shale oil producers
• LNG export operations
• Pipeline infrastructure firms
• Midstream companies with export terminals

These operations benefit from stable trade conditions while other sectors navigate turbulence.

Fixed-income investments in energy offer particular stability during this volatile period.

When markets swing wildly, consistent returns become even more valuable.

Countries affected by tariffs will likely increase energy imports from us as a negotiating tactic.

This creates long-term demand.

My grandfather taught me in oil, don't chase easy money:

Position where structural advantages are strongest.

While the media focuses on who loses in a trade war, the real story is who wins.

American energy companies – and their investors – just received a presidential blessing that could drive returns for years.

The pattern is clear:

Market confusion leads to mispricing.

Strategic advantages grow over time.

Early movers capture the biggest returns.

For over 35+ years, our family E&P company has been sending monthly revenue payments to oil & gas owners and investors.

Now I'm sharing everything I've learned about building wealth in energy.

Join 10,000+ investors getting my free daily insights: www.theoilpatch.co

-

If you enjoyed this post:

[Walla Walla Dawg II]

Thanks for proving my points yet again.

You have a weird understanding of 'proving your points'. But I'm not surprised you believe this.

I have a conversation, you call me Hitler.

Pretty much how it goes because you have no counterpoints, just blind allegiance.

I couldn't care less about being called an antisemite or Hitler. It's exactly like the libs calling everyone racist and misogynistic.

Time's up, people see the truth now. Especially when smoothbrains like you try and run cover.

No, you say, 'kill the Jews, kill the Jews, kill the Jews".
You post 'x' postings that say, 'kill the Jews, kill the Jews, kill the Jews".
Then when you are called a Nazi, you deny it.
You are a sad little man.

[bpj]

You have a weird understanding of 'proving your points'. But I'm not surprised you believe this.

I have a conversation, you call me Hitler.

Pretty much how it goes because you have no counterpoints, just blind allegiance.

I couldn't care less about being called an antisemite or Hitler. It's exactly like the libs calling everyone racist and misogynistic.

Time's up, people see the truth now. Especially when smoothbrains like you try and run cover.

No, you say, 'kill the Jews, kill the Jews, kill the Jews".
You post 'x' postings that say, 'kill the Jews, kill the Jews, kill the Jews".
Then when you are called a Nazi, you deny it.
You are a sad little man.

Lol.

Everybody's seen exactly what I've posted and none of it has had anything to do with killing Jews, retard. I don't want anyone dead except maybe Fauci, Gates, Soros, and Klaus Schwab, for their crimes against humanity.

In fact, all I've done is advocate for Israel to stop killing everyone around them and dragging us into their wars.

Its pretty simple. And pretty obvious to anyone else.

[gil]

If this all works out and President Trump does get everyone to come to the table and renegotiate better deals and the tariff's are drastically reduced, would you admit that it worked?

If everything comes collapsing down and the world turns to shit over this, I would admit that it was a bad plan. But I want to see what happens.

If tariffs are reduced? Yes. If American manufacturing increases? Yes.

If my retirement account gets back up to where it was 3 months ago? Hell yes!

[gil]

What Trump is calling a "Tariff" by other countries actually comes from a formula based on the US trade deficit with that country divided by the total dollar value of imports from that country.

The example that I found online was Indonesia, which Trump says is charging a 64% tariff on US goods. Here's the math:

Trade Deficit with Indonesia: $18 Billion
Total Imports to the US from Indonesia: $28 Billion
Tariff Rate: 18/28 = .64 (64%)

The logic here seems to be that if any trade deficit with another country exists at all, then by definition the US is being treated unfairly by that country through some combination of tariffs and what are called non-tariff barriers to trade, which include regulations and Value Added Taxes.

That is what I've read too, and I don't think it makes a lot of economic sense. If you have a willing buyer and a willing seller, both plan to gain for the transaction. That's capitalism. The balance of trade is the sum of all those transactions. I don't see any unfair treatment at all.

It's the blanket, sort of shotgun approach that bothers me the most.

Same here. Despite my taking a "tariffs are always wrong" tone, I do see times where they are probably right. But certainly not across the board

[gil]

No, I don't.

They'd just raise the price to account for the tariff and pass it along to the importer at that point. That's how business works.

Either way, it's a cost to the consumer. As such, it's an impediment to business for foreign countries in our market because it makes it harder to undercut US companies on price.

A sad day for people who'd rather buy cheap foreign goods than see a flourishing US economy and industry.

I agree the goal should be no tariffs. Free trade. But how do you get there without retaliatory tariffs when other countries have tariffs on us?

The difference I see if China were to be paying of the tariffs, that is a net gain for the US economy. When US consumers are paying for the tariffs, it's just a tax: it moves money around and distorts the economy.

Businesses aren't alway successful as passing on higher costs. Just ask the small businesses in Seattle about the effect of increasing minimum wages. It's all about the price elasticity of demand (I think that is the correct term).

How do we get there (closer to free trade)? The old fashioned boring way, by diplomacy and hammering out agreements, with long term goals of reducing tariffs and other barriers. While they ween't perfect, I think it can be argued that the WTO and NAFTA, and the bilateral agreement from Trump's first term that replaced NAFTA, were steps in the right direction. Unless the newly announced tariffs have the long term effect of reducing tariffs, I think it's a step in the wrong direction.

Doesn't make a difference where it comes from.

Say the importer pays $1.

Makes no difference whether he pays 90 cents to the exporter and 10 cents to the government or whether he sends $1 to the exporter and the exporter sends 10 cents to the government.

Still came from the same pocket.

Are you saying that to the consumer it's the same? I'd agree with that.

The difference I see is whether the tariff revenue (i.e., money that goes to the US Treasury) comes from a foreign entity (i.e., the exporter) or a domestic entity (i.e., the importer). If China paid a tariff on goods coming into the US (as Trump has claimed) it would be a net gain for the US economy. But tariffs paid by US firms is just like any other tax: it moves money around and at best is zero gain.