More than 50 countries have reached out to the President to begin tariff negotiations

[putnam6]

I think it’s fair to say there might be some added pressure against Trump because it’s Trump.

But the courts blocked Biden on student loan forgiveness as well (rightfully so).

We could probably quantify how much we would pull in from tariffs, the tricky part would be determining what it would bring back to the US in terms of manufacturing.

But even if it all “worked”, I think the concern for many is the precedent of letting a president overstep executive powers, which has been increasingly happening with every administration. 

The government was set up so that one person couldn’t just change everything. Each president runs on a platform, and their base typically stands behind it. Rarely do they manage to work through all their initiatives. That requires incredible political will throughout the branches, and also leadership in convincing representatives to play along.

Again, I think we see the China tariffs stick, along with some of the others that have more vision and justification.So we’ll get to see some case studies one way or the otherz

Manufacturing returns operate on a yearly time scale. China didn't usurp our manufacturing overnight; it took decades of terraforming.  Other industries may be different, but apparel, in particular, high-end social occasion and bridal manufacturing, is entrenched and is unlikely to be returning except in small numbers, regardless.

If we get a 10-15% increase in domestic manufacturing by the end of Trump's term, I'd be surprised.

[Oldcarpy2]

Which is another reason freaking out about tariffs was ridiculous... this is a long arduous process

However, its ruling will be appealed, and the Trump team believes they are on solid footing. This is mostly a delaying tactic

And there is this nugget...

https://finance.yahoo.com/news/goldman-s...04704.html

Goldman, Morgan Stanley Say Trump Can Deploy Other Tariff Tools

In other news...

[Image: https://denyignorance.com/uploader/image...50-964.jpg]

So, 15.9 Billion revenue paid into US coffers.


Paid by US  importers.

Not by the exporters.

Which is likely to be passed on to US consumers.

A tax on US businesses/consumers.

Carry on....

[andy06shake]

So, 15.9 Billion revenue paid into US coffers.


Paid by US  importers.

Not by the exporters.

Which is likely to be passed on to US consumers.

A tax on US businesses/consumers.

Carry on....

Not any doubt about the fact that the importers will pass along the additional cost to consumers.

I mean they are screaming it from the rooftops and plainly stating the fact they they will be forced to do so.

[putnam6]

If the current rates continue with every country, even India, which has proposed a ZERO tariff deal, but at its current rate, too

Im already saving well over 100 bucks a month on petrol, not to mention other lower expenses. If those stay low and tariffs eventually get renegotiated, my household will be even better off.  

BUT these current rates we are fine even for my lower income situation, we've saved enough from lower gas alone so far to easily offset those average tariff costs per household. If you fill up your gas tank over 6-7 times a month on average, you should be well on your way to offsetting those terrible tariff losses, too. 

Regardless, it's $100-$200 a month 

https://x.com/i/grok/share/9YFnbLb5HJ7dsOFEBsHQ7dYWn

Total Cost Estimate
At current rates (6.9%–7.2% effective tariff rate):

• Consumer Costs: Approximately $1,200–$2,000 per household annually in higher prices, with low-income households facing $500–$1,000 in losses.
  
• Economic Costs: A 0.4%–0.7% reduction in GDP ($110 billion annually), 0.4 percentage point increase in unemployment, and 456,000 job losses by year-end.
  
• Fiscal Revenue: Roughly $255 billion annually, far short of offsetting the $1.9 trillion budget deficit.
  
• Sectoral Impacts: Significant price increases in apparel (25%), shoes (29%), and autos ($2,500–$20,000), with agriculture and construction facing declines due to retaliation.
  

These costs are lower than earlier 2025 projections due to tariff reductions and court rulings but remain significant, particularly for low-income households and trade-dependent sectors. For comparison, pre-2025 tariff rates were around 2.5%, generating $79 billion annually with minimal economic disruption.
 

• Most Likely Outcome: If tariffs are finalized at the current 6.9%–7.2% rate, household costs will likely remain stable at $1,200–$2,000 per year, with no significant decrease unless substitution accelerates or exemptions expand. Low-income households will continue to face $500–$1,000 in losses.
  
• Decrease Possible If: Tariffs are reduced below current levels (e.g., to 2.5% pre-2025 rates) through trade agreements or further court rulings, potentially lowering costs to $400–$700 per household.
  
• Increase Possible If: New tariffs are imposed or rates rise, potentially pushing costs to $4,000–$5,000 per household under higher-tariff scenarios.
  

The outcome hinges on the specifics of “finalized” tariffs, trade negotiations, and global responses. 

[CriticalStinker]

Manufacturing returns operate on a yearly time scale. China didn't usurp our manufacturing overnight; it took decades of terraforming.  Other industries may be different, but apparel, in particular, high-end social occasion and bridal manufacturing, is entrenched and is unlikely to be returning except in small numbers, regardless.

If we get a 10-15% increase in domestic manufacturing by the end of Trump's term, I'd be surprised.

We’re not going to get a lot of the cheap manufacturing, and that’s a good thing.

I’m all for advanced manufacturing, but a lot of the cheap stuff we can give to Mexico, and it can help them build up. We’ve been strategically decoupling from China, hence why they’re only the third largest exporter now.

If Mexico stabilizes, that helps a lot of the border issues while making sure a lot of our goods don’t have to sail the seas and reduces lead time and risk.

We don’t have enough Americans that would want low end factory jobs to satisfy our own appetite for cheap goods. I think that comes with the territory of being an advanced country, especially in today’s world.

Also, I don’t agree with trying to extract every resource right now like oil. If oil is affordable, and other nations are willing to tap their reserves, let’s buy it. Ours isn’t going bad. There’s going to come a day when it’s not affordable, I’d rather we have ours for that day when the world is much more competitive for it. If we have to rely on someone else, we may be screwed then.

[putnam6]

That was quick... 

https://nypost.com/2025/05/29/us-news/fe...p-tariffs/

A federal appeals court put the brakes Thursday on a lower court order that overturned most of President Trump’s sweeping tariffs.
A full 11-judge panel on the US Court of Appeals for the federal circuit stayed the order by the Manhattan-based Court of International Trade while the White House appeal is heard.

[putnam6]

[putnam6]

BAM! The Atlanta Fed just dropped the MOABl 4.6% GDP growth for Q2 2025! The highest since 2021
Nearly 5%

Lower taxes, streamlined trade deals, and reduced red tape are driving manufacturing growth, boosting exports, and encouraging Americans to spend. 

Such good news, manufacturers are finishing up thier fall samples, a healthy forecast means they will hopefully finance the remaining trade markets in 2025 with top dollar budgets, more marketing, and other incentives for retailers 




 Atlanta Fed

@AtlantaFed
·
Jun 2


On June 2, the #GDPNow model nowcast of real GDP growth in Q2 2025 is 4.6%: https://bit.ly/32EYojR. #ATLFedResearch

Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https://bit.ly/2TPeYLT.

4K
Catarina Senora Gatita
@WyattCatarina
·
7h

BAM! The Atlanta Fed just dropped the MOABl 4.6% GDP growth for Q2 2025! Nearly 5% Remember when the Left was screaming Trump Recession blah blah blah? Lower taxes, slick trade deals, and less red tape are making manufacturing hum, exports climb, and Americans spending. Looks like winning to me! Watcha think?

[quintessentone]

BAM! The Atlanta Fed just dropped the MOABl 4.6% GDP growth for Q2 2025! The highest since 2021
Nearly 5%

Lower taxes, streamlined trade deals, and reduced red tape are driving manufacturing growth, boosting exports, and encouraging Americans to spend. 

Such good news, manufacturers are finishing up thier fall samples, a healthy forecast means they will hopefully finance the remaining trade markets in 2025 with top dollar budgets, more marketing, and other incentives for retailers 



[Image: https://denyignorance.com/uploader/image...AAZWYL.png]
 Atlanta Fed

@AtlantaFed
·
Jun 2


On June 2, the #GDPNow model nowcast of real GDP growth in Q2 2025 is 4.6%: https://bit.ly/32EYojR. #ATLFedResearch

Download our EconomyNow app or go to our website for the latest GDPNow nowcast: https://bit.ly/2TPeYLT.

4K
Catarina Senora Gatita
@WyattCatarina
·
7h

BAM! The Atlanta Fed just dropped the MOABl 4.6% GDP growth for Q2 2025! Nearly 5% Remember when the Left was screaming Trump Recession blah blah blah? Lower taxes, slick trade deals, and less red tape are making manufacturing hum, exports climb, and Americans spending. Looks like winning to me! Watcha think?

It's still to early to get a handle on things, let's see how the steel and aluminum tariffs work out.

[putnam6]

 
Trump and Xi have held their long-awaited call: Chinese state media
 Ben Werschkul 
 Washington Correspondent
Updated Thu, June 5, 2025 at 9:41 AM EDT 2 min read

 A call between US President Donald Trump and Chinese President Xi Jinping has taken place, according to Chinese state media.
The bulletin from China was not immediately confirmed by Trump or his team, with the Chinese offering no immediate details about the call itself other than to say the talks took place and that they happened at Trump’s request.
Either way the apparent call would be a significant step in Trump’s highest stake trade talks and appears to be the first time Trump and Xi have spoken since Trump inauguration.
The long-awaited call also comes at a fraught moment for US-China trade talks, which Treasury Secretary Scott Bessent has described as “stalled.”
The path towards an eventual trade deal with China — or at least continued de-escalation after a trade truce in May lowered tariffs by 115 percentage points for 90 days — has been in question especially after a recent Trump social media missive took aim at Xi personally by saying that dealing with the leader is "extremely hard."