“Assuming that Americans do not substitute higher-priced items and that consumers bear the cost entirely, Mr. Knightley said, the tariffs would translate to a $835 hit per person in the United States, or $3,342 for a family of four.” www.nytimes.com/live/2025/02... - ThreadSky

victorerikray.bsky.social • 25 days ago

“Assuming that Americans do not substitute higher-priced items and that consumers bear the cost entirely, Mr. Knightley said, the tariffs would translate to a $835 hit per person in the United States, or $3,342 for a family of four.”

https://www.nytimes.com/live/2025/02/01/us/trump-tariffs-news?smid=nytcore-ios-share&referringSource=articleShare

Comments

realricksinger.bsky.social•25 days ago

The cure is a 30-40% drop in financial markets

realricksinger.bsky.social•25 days ago

Harris said that but no one believed her

wiredtexan.bsky.social•25 days ago

Just putting this out there with no idea about legality, but Canada, Mexico and China should target the American oligarchy with boycotts, tariffs or sanctions.

victorerikray.bsky.social•25 days ago

The article has some information on this, targeting Tesla in particular.

wiredtexan.bsky.social•25 days ago

Yup, that was my inspiration. I was thinking it could be more expansive though.

fuzzysoft.bsky.social•25 days ago

Good time to quit buying except for necessities (and reassessing what those are) and streamline.

kemccarthy.bsky.social•25 days ago

Wait until the shortages hit when industries tire of having to factor this nonsense into pricing to the extent their markets dry up.

jlet.bsky.social•25 days ago

It’s OK, it’ll all be worth it when we… when we, uhh… what was it we were doing this for?

katehemion.bsky.social•25 days ago

Trump & Co are definitively math geniuses.

JIC - sarcasm is a real thing.

victorerikray.bsky.social•25 days ago

“The 10 percent tariff on Canadian energy products would most likely apply to goods beyond Canada’s oil...It could also include other key energy exports, such natural gas, Canadian hydroelectric power that much of New England relies on, and uranium used in the production of nuclear energy.”

clevertrout.bsky.social•25 days ago

Canada should stop sending any and all energy products to the states immediately.

jettblue.bsky.social•25 days ago

Tariffs are just a sly way of taxing the ordinary working class Americans, then giving the ruling billionaire class wildly huge sums of money via tax breaks and rebates.

In other words, it’s a way to steal your money and get away with it. Because you’re too stupid to figure it out.

stargazer67.bsky.social•25 days ago

Are we winning yet?

gavin-ov.bsky.social•25 days ago

At least the Spray Tan looks good

tooze.bsky.social•25 days ago

This beyond a hostile attack… Why do you cripple your greatest trading partner in history?

victorerikray.bsky.social•25 days ago

None of this makes any sense outside the minds of these folks.

hugoskavez.bsky.social•25 days ago

Would be a shame if all three of those countries teamed up and invaded us…

bobmorris.bsky.social•25 days ago

This sounds like the Vietnam War when the Pentagon would announce “237 Viet Cong were killed in a battle today and one US soldier suffered a hangnail.”

various-threnodies.bsky.social•25 days ago

PS: It's going to be more

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