Trade Wars and Tariffs

#6,629
#6,629
BeardedVol said:
They're 130 million more in the hole this year over last.
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but less than half of the loss of whatever was going on under Biden. without more info its premature to just blame the tariffs.

I tried to find some charts than would show overall trends, but didn't find any. I was only able to find USDA info for the whole nation and not state specific. what was going on the year before the 300 million loss? if it was 170 million, then this 130 million loss was just part of a trend. or was the previous year 100 million loss, so it was a 200 million loss to get to 300 million, then the 130 million lost this year would be an improvement in the rate of loss.

did production stay the same? Or did farmers produce less than they had previously?

did international market prices change? if the global price went down, then the tariff effect wouldn't be the sole reason.

I think the tariffs are dumb, but enough information has not been presented to claim they were the cause.
 
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#6,630
#6,630
LouderVol said:
but less than half of the loss of whatever was going on under Biden. without more info its premature to just blame the tariffs.

I tried to find some charts than would show overall trends, but didn't find any. I was only able to find USDA info for the whole nation and not state specific. what was going on the year before the 300 million loss? if it was 170 million, then this 130 million loss was just part of a trend. or was the previous year 100 million loss, so it was a 200 million loss to get to 300 million, then the 130 million lost this year would be an improvement in the rate of loss.

did production stay the same? Or did farmers produce less than they had previously?

did international market prices change? if the global price went down, then the tariff effect wouldn't be the sole reason.

I think the tariffs are dumb, but enough information has not been presented to claim they were the cause.
Click to expand...
Biden Admin passed a $31B farm relief package in Dec 2024, and no whining then.
 
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#6,633
#6,633
NorthDallas40 said:
Let the water bucket bearers commence their work!

Unemployment rate hit a four-year high last month

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When I looked at that when the Oct numbers were published it was attributed to Verizon and another large employer laying off and eliminating positions.

I feel like unemployment increasing is like getting another virus attacking the health of our economy. I wonder if deflation / depression is a legitimate concern at this point?

ETA: I just took a quick peak about deflation concerns and it seems the risk is minimal as long as the dollare is the world's reserve currency.
 
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#6,637
#6,637
Trump right about tariffs, Mexico follows Trump's lead...other countries will follow....



uh oh...."tariffs cause inflation to skyrocket" - Leftists


GROK: No, Mexico's new tariffs of up to 50% on Chinese imports (primarily affecting goods like autos, auto parts, textiles, clothing, plastics, and steel, effective from 2026) are unlikely to cause inflation in Mexico to skyrocket.

Tariff Details and Scope:

Mexico's Congress approved these tariffs in December 2025 on over 1,400 product categories from countries without free trade agreements, including China (the most impacted), India, South Korea, and others. Rates range from 5-50%, with most capped at 35% and higher rates (e.g., 50% on certain cars) for select items. These measures aim to protect domestic industry, address trade imbalances, and align with U.S. pressure to reduce Chinese influence in North America.

Impact on Inflation

The Mexican government estimates the tariffs will add only about 0.2 percentage points to inflation, described as a small or negligible effect. Some officials have claimed no significant impact at all. Critics (e.g., business groups and opposition lawmakers (probably leftists)) warn of potential price increases in affected sectors like autos and textiles, plus supply chain disruptions, but no analyses suggest a dramatic surge.

Current Inflation Trends

As of late 2025, Mexico's headline inflation is moderate and trending downward:
  • November 2025 → 3.80%
  • Early December 2025 → Around 3.72%
  • Full December figures (reported early 2026) show easing, supporting further central bank rate cuts
This is near the Bank of Mexico's 3% ±1% target, with no signs of runaway pressures.
 
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