cancel
Showing results for 
Search instead for 
Did you mean: 
Honored Advisor

Wilbur Ross talks common sense on tariffs

https://www.cnbc.com/2018/03/02/commerce-secretary-wilbur-ross-trump-tariffs-will-have-a-broad-but-t...   

 

 

Commerce Secretary Wilbur Ross on potential price increases from Trump tariffs: 'No big deal'

  • Commerce Secretary Wilbur Ross tells CNBC that President Donald Trump's tariffs are "no big deal."
  • Ross says the tariffs on aluminum and steel will have a "broad" but "trivial" impact on prices.
     
     
     
     
     
 
Commerce Secretary Wilbur Ross: Trump tariffs will have a 'broad' but 'trivial' impact on prices
Commerce Secretary Wilbur Ross: Trump tariffs will have a 'broad' but 'trivial' impact on prices  

Commerce Secretary Wilbur Ross told CNBC on Friday that President Donald Trump's tariffs are "no big deal."

0 Kudos
7 Replies
Honored Advisor

Re: Wilbur Ross talks common sense on tariffs

I`ve hauled scrap iron for $60/ton and I`ve hauled scrap iron for $300/ton.  So non-math doing people are in a tizzy over a 25% tariff?   Gimmee a break.

0 Kudos
Honored Advisor

Re: Wilbur Ross talks common sense on tariffs

It is what we traded off in those wonderful trade agreements.

We have few tariffs and nearly every other country has them.

We have very rediced subsidies and our competition all has larger subsidies for agriculture.

 

The whiners will always whine.......  dilly dilly

0 Kudos
Veteran Advisor

Re: Wilbur Ross talks common sense on tariffs

You people really are touched

""Little if any impact" and you are dumb enough
To believe them !!

Just so happens I am one of those math types.

One of my old discs takes 12 new bearings a year.
I buy the cheap imported ones for $25 each.
I'm sorry I'm not buying the American ones for
$60 each....they are no better. I've tried and they
Don't last any longer, matter of fact two of them
Only lasted a couple days.

So thanks to Tweety bird, I'm going to have to
Spend $75 a year.....oh that's nothing...
Only 19 bu of wheat or 25 bu of Milo....no
It's nothing
And what good will it do ? Will it make my
American bearing cheaper ? No
And where did my $75 tariff money disappear
To ?

And that's just one example here at the ponderosa.
There will be many more.

So with that added expense, then an increase in
Fuel tax, no trade agreements, Mexico is ticked
Off and sourcing grain from others, where going
To loose in the wheat market since we are no
Longer in the ttp, and now wanting to cap
Or do away with the RINs in ethanol and
RFS....that will have a huge impact on grain
Usage.

Then wanting to cut crop insurance
Having a food box program that will waste
Money, that could be feeding truly hungry folks,
But you would rather spend money on boxes,
Shipping, storage, labor, and administration.

Cutting or eliminate programs that benefits rural
America, such as the electrification/ cooperate
Finance, rural development, rural aviation, hospitals
And critical access clinics and hospitals, transportation, meals on wheels.

Yeah, right, make America great again....

Do you realize that wonderful person you just
Go Gaga for copyright the phrase !!
When is he going to start to charge you to use
It ?

If you can't understand all the above, you frankly
Do have a problem that can't be treated or
Cured on this forum
0 Kudos
Honored Advisor

Re: Wilbur Ross talks common sense on tariffs

What the hell kind of disc do you have where the bearings cost $25????  Smiley Very Happy  A 13 foot Allis Chalmers from 1955?   

 

The fact is Elcheapo, in a community, every dollar you spend circulates 7 times!   Imagine when we purposely spend our money overseas what kind of hit our national GDP takes???

 

 

0 Kudos
Veteran Advisor

Re: Wilbur Ross talks common sense on tariffs

SW - Your last sentence is interesting and applies to ????? 

0 Kudos
Veteran Advisor

Re: Wilbur Ross talks common sense on tariffs

 
0 Kudos
Veteran Advisor

Re: Wilbur Ross talks common sense on tariffs

What's real interesting  El , going to the say '''high  priced '''  dealer and the box-contents are- say ''international origin'' ,  kinda reminds me of the  '' beef  exports '' latest deal, beef parts for chicken nuggets - a slam dunk - right ? ? 

 

Just good ole boyZ magic --- 

0 Kudos