Long Island Watch Talks Tariffs

[River Rat]

They don’t think real hard no planning they just do. Most of you know I am a veteran. I have been trying to contact the VA coordinator for toxic exposure each state has one. It goes to voicemail even sent a email to here no reply. My guess she was new and on probation and when they let all probation workers go she was one of them. Plus a hiring freeze so no one picks up the phone. That what happens when you don’t plan and do things ruthlessly with no care for veterans. We veterans deserve better than we get.

[jswing]

They just announced a 90 day pause on all tariffs except China.

Nevermind, that was apparently a false rumor.

[DocHollidayDDS]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

[Ryeguy]

They don’t think real hard no planning they just do. Most of you know I am a veteran. I have been trying to contact the VA coordinator for toxic exposure each state has one. It goes to voicemail even sent a email to here no reply. My guess she was new and on probation and when they let all probation workers go she was one of them. Plus a hiring freeze so no one picks up the phone. That what happens when you don’t plan and do things ruthlessly with no care for veterans. We veterans deserve better than we get.

Unfortunately, you are facing the consequences of the "resist at all costs" attitude instead our political parties trying to work together.

In a business environment, if you had a company that was losing revenue, you would look at each of your departments and employees and keep the high performers and lay off the low performers.

In the current situation, the administration is being told that they cannot lay off employees, so the administration must focused on only probationary employees who have no protection. It is a crappy way to reduce headcount because the newbe who gets layed off may have been in a critical role, while a tenured employee may be highly redundant.

Ultimately, I am most frustrated with the "my side versus your side" attitude we see in US politics. I wish we could mutually recognize we have a problem (overspending leading to the devaluation of the dollar) and mutually work together to take corrective action.

FWIW, I have seen more news stories on the tariffs on the islands with only penguins than I have on the consequences of the national debt and the loss of US industry. It is frustrating that our news is fluff over substance, but that is a different conversation.

[justsellbrgs]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

[Ryeguy]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

But to be clear, the trade deficit on goods is $1.2 trillion versus the surplus in goods of $278 billion.

It is a massive discrepancy. I have a hard time wrapping my brain around such numbers, but there are 1,000 billion in a trillion, so deficit in goods is almost 5X the surplus in services.

I also think there is a real risk in basing an economy on service industries. For example, exporting financial services really only works if the dollar is strong and the economic landscape in the US is solid. I'm no economist, but that is my layman opinion.

Just to add (since I had a second to look it up), the USA GDP breakdown is currently 19% Industrial and 79.9% services.

Compare that to Germany which is 28% industrial and 71% services, or Japan which is 27.5% industrial and 71.4% services.

China and Indonesia are fairly evenly split between industry and service contributions to GDP.

Personally, I do not think America needs to become like China with an even split, but I think we could pursue being more like Germany or Japan in the breakdown.

[DocHollidayDDS]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

But to be clear, the trade deficit on goods is $1.2 trillion versus the surplus in goods of $278 billion.

It is a massive discrepancy. I have a hard time wrapping my brain around such numbers, but there are 1,000 billion in a trillion, so deficit in goods is almost 5X the surplus in services.

I also think there is a real risk in basing an economy on service industries. For example, exporting financial services really only works if the dollar is strong and the economic landscape in the US is solid. I'm no economist, but that is my layman opinion.

There's a good scale to demonstrate the difference between numbers like million, billion and trillion that seem to get thrown around as though there isn't much disparity between them:

One million seconds is 11.5 days
One billion seconds is 31 years
One trillion seconds is 31,710 years

[justsellbrgs]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

But to be clear, the trade deficit on goods is $1.2 trillion versus the surplus in goods of $278 billion.

It is a massive discrepancy. I have a hard time wrapping my brain around such numbers, but there are 1,000 billion in a trillion, so deficit in goods is almost 5X the surplus in services.

I also think there is a real risk in basing an economy on service industries. For example, exporting financial services really only works if the dollar is strong and the economic landscape in the US is solid. I'm no economist, but that is my layman opinion.

Just to add (since I had a second to look it up), the USA GDP breakdown is currently 19% Industrial and 79.9% services.

Compare that to Germany which is 28% industrial and 71% services, or Japan which is 27.5% industrial and 71.4% services.

China and Indonesia are fairly evenly split between industry and service contributions to GDP.

Personally, I do not think America needs to become like China with an even split, but I think we could pursue being more like Germany or Japan in the breakdown.

does it need to balance - sure. can I believe every number that's being thrown out --- nope.
And I can sit here all day and go back and forth but my desk is piled with orders and notification of inbound containers and ZERO clarification on what the tariff will be, and when it will go into effect (this from broker and customs)...... along with tariff variations based on product, country and HTS codes....
And for the crowd saying product should be manufactured in the US ----- I have that division as well with ISO cert and DFARS compliance.

[Ryeguy]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

But to be clear, the trade deficit on goods is $1.2 trillion versus the surplus in goods of $278 billion.

It is a massive discrepancy. I have a hard time wrapping my brain around such numbers, but there are 1,000 billion in a trillion, so deficit in goods is almost 5X the surplus in services.

I also think there is a real risk in basing an economy on service industries. For example, exporting financial services really only works if the dollar is strong and the economic landscape in the US is solid. I'm no economist, but that is my layman opinion.

Just to add (since I had a second to look it up), the USA GDP breakdown is currently 19% Industrial and 79.9% services.

Compare that to Germany which is 28% industrial and 71% services, or Japan which is 27.5% industrial and 71.4% services.

China and Indonesia are fairly evenly split between industry and service contributions to GDP.

Personally, I do not think America needs to become like China with an even split, but I think we could pursue being more like Germany or Japan in the breakdown.

does it need to balance - sure. can I believe every number that's being thrown out --- nope.
And I can sit here all day and go back and forth but my desk is piled with orders and notification of inbound containers and ZERO clarification on what the tariff will be, and when it will go into effect (this from broker and customs)...... along with tariff variations based on product, country and HTS codes....
And for the crowd saying product should be manufactured in the US ----- I have that division as well with ISO cert and DFARS compliance.

If the numbers don’t seem realistic, this blog post from the previous administration (2024) illustrates it pretty well https://bidenwhitehouse.archives.gov/c ... s-exports/

FWIW, I think tariffs offer a somewhat artificial way to encourage industrial manufacturing to move back to the USA.

Industry left due to manufacturing costs. Industry will only return for the same reason.

I’m fine with applying equal reciprocal tariffs where appropriate, but I think something like encouraging companies to invest in automation technology through using tax breaks or similar would be more effective.

[justsellbrgs]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

But to be clear, the trade deficit on goods is $1.2 trillion versus the surplus in goods of $278 billion.

It is a massive discrepancy. I have a hard time wrapping my brain around such numbers, but there are 1,000 billion in a trillion, so deficit in goods is almost 5X the surplus in services.

I also think there is a real risk in basing an economy on service industries. For example, exporting financial services really only works if the dollar is strong and the economic landscape in the US is solid. I'm no economist, but that is my layman opinion.

Just to add (since I had a second to look it up), the USA GDP breakdown is currently 19% Industrial and 79.9% services.

Compare that to Germany which is 28% industrial and 71% services, or Japan which is 27.5% industrial and 71.4% services.

China and Indonesia are fairly evenly split between industry and service contributions to GDP.

Personally, I do not think America needs to become like China with an even split, but I think we could pursue being more like Germany or Japan in the breakdown.

does it need to balance - sure. can I believe every number that's being thrown out --- nope.
And I can sit here all day and go back and forth but my desk is piled with orders and notification of inbound containers and ZERO clarification on what the tariff will be, and when it will go into effect (this from broker and customs)...... along with tariff variations based on product, country and HTS codes....
And for the crowd saying product should be manufactured in the US ----- I have that division as well with ISO cert and DFARS compliance.

If the numbers don’t seem realistic, this blog post from the previous administration (2024) illustrates it pretty well https://bidenwhitehouse.archives.gov/c ... s-exports/

FWIW, I think tariffs offer a somewhat artificial way to encourage industrial manufacturing to move back to the USA.

Industry left due to manufacturing costs. Industry will only return for the same reason.

I’m fine with applying equal reciprocal tariffs where appropriate, but I think something like encouraging companies to invest in automation technology through using tax breaks or similar would be more effective.

I'm all ears on which industries people "think" would be able to move back to the US......... And because we have some bankers in the crowd -- which of your banks is going to finance these builds?.... which products are economically viable to be made in US? and who is working at theses factories? (or is that why DeSantis wants to drop the child labor age down?).....

[River Rat]

Vietnam offered zero tariffs on American good coming there and that was not enough. Read the EU might offer zero tariffs and that's a big one what if that gets turned down. Anybody remembers the Boston tea party where Americans were taxed on British tea same as a tariff, we throwed the tea into the Boston harbor guess we got weak.

[DocHollidayDDS]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

But to be clear, the trade deficit on goods is $1.2 trillion versus the surplus in goods of $278 billion.

It is a massive discrepancy. I have a hard time wrapping my brain around such numbers, but there are 1,000 billion in a trillion, so deficit in goods is almost 5X the surplus in services.

I also think there is a real risk in basing an economy on service industries. For example, exporting financial services really only works if the dollar is strong and the economic landscape in the US is solid. I'm no economist, but that is my layman opinion.

Just to add (since I had a second to look it up), the USA GDP breakdown is currently 19% Industrial and 79.9% services.

Compare that to Germany which is 28% industrial and 71% services, or Japan which is 27.5% industrial and 71.4% services.

China and Indonesia are fairly evenly split between industry and service contributions to GDP.

Personally, I do not think America needs to become like China with an even split, but I think we could pursue being more like Germany or Japan in the breakdown.

does it need to balance - sure. can I believe every number that's being thrown out --- nope.
And I can sit here all day and go back and forth but my desk is piled with orders and notification of inbound containers and ZERO clarification on what the tariff will be, and when it will go into effect (this from broker and customs)...... along with tariff variations based on product, country and HTS codes....
And for the crowd saying product should be manufactured in the US ----- I have that division as well with ISO cert and DFARS compliance.

If the numbers don’t seem realistic, this blog post from the previous administration (2024) illustrates it pretty well https://bidenwhitehouse.archives.gov/c ... s-exports/

FWIW, I think tariffs offer a somewhat artificial way to encourage industrial manufacturing to move back to the USA.

Industry left due to manufacturing costs. Industry will only return for the same reason.

I’m fine with applying equal reciprocal tariffs where appropriate, but I think something like encouraging companies to invest in automation technology through using tax breaks or similar would be more effective.

I'm all ears on which industries people "think" would be able to move back to the US......... And because we have some bankers in the crowd -- which of your banks is going to finance these builds?.... which products are economically viable to be made in US? and who is working at theses factories? (or is that why DeSantis wants to drop the child labor age down?).....

Do you honestly believe there is any industry that couldn't (or shouldn't) move back to the US? Yes, we can't make "Swiss watches" here, just like we can't produce French champagne, but there's no excuse for not having critical pharmaceutical products and their precursor chemicals manufactured at home, that's just simple national security. Same thing is true of ammunition and its various components. Does it make sense to be dependent on the nation most likely to be your primary future adversary for the necessities to make bullets and antibiotics?

We can make cars and airplanes, we can build ships (not just for the Navy), we can produce consumer electronics and appliances, we've done all of these things before we off-shored our industrial base to the third world just so people could enjoy cheap goods. Who is going to work in these factories? I don't know, maybe people who are sick of working in Amazon fulfillment centers, or driving Ubers, or pouring coffees at Starbucks, or any other of a series of low wage service jobs.

[River Rat]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

Looked it up
Heard Island and McDonald Islands have zero exports, let alone permanent human inhabitants or any economy or exporting industries. The United States has exports to Heard Island and McDonald Isla, but the value is minimal.

See we need to do it right otherwise the USA look like idiots like this thing. Still wonder what I read if no people who is the USA selling to on these two islands. Maybe scientists like we have groups of them on the north and south pole.

[justsellbrgs]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

But to be clear, the trade deficit on goods is $1.2 trillion versus the surplus in goods of $278 billion.

It is a massive discrepancy. I have a hard time wrapping my brain around such numbers, but there are 1,000 billion in a trillion, so deficit in goods is almost 5X the surplus in services.

I also think there is a real risk in basing an economy on service industries. For example, exporting financial services really only works if the dollar is strong and the economic landscape in the US is solid. I'm no economist, but that is my layman opinion.

Just to add (since I had a second to look it up), the USA GDP breakdown is currently 19% Industrial and 79.9% services.

Compare that to Germany which is 28% industrial and 71% services, or Japan which is 27.5% industrial and 71.4% services.

China and Indonesia are fairly evenly split between industry and service contributions to GDP.

Personally, I do not think America needs to become like China with an even split, but I think we could pursue being more like Germany or Japan in the breakdown.

does it need to balance - sure. can I believe every number that's being thrown out --- nope.
And I can sit here all day and go back and forth but my desk is piled with orders and notification of inbound containers and ZERO clarification on what the tariff will be, and when it will go into effect (this from broker and customs)...... along with tariff variations based on product, country and HTS codes....
And for the crowd saying product should be manufactured in the US ----- I have that division as well with ISO cert and DFARS compliance.

If the numbers don’t seem realistic, this blog post from the previous administration (2024) illustrates it pretty well https://bidenwhitehouse.archives.gov/c ... s-exports/

FWIW, I think tariffs offer a somewhat artificial way to encourage industrial manufacturing to move back to the USA.

Industry left due to manufacturing costs. Industry will only return for the same reason.

I’m fine with applying equal reciprocal tariffs where appropriate, but I think something like encouraging companies to invest in automation technology through using tax breaks or similar would be more effective.

I'm all ears on which industries people "think" would be able to move back to the US......... And because we have some bankers in the crowd -- which of your banks is going to finance these builds?.... which products are economically viable to be made in US? and who is working at theses factories? (or is that why DeSantis wants to drop the child labor age down?).....

Do you honestly believe there is any industry that couldn't (or shouldn't) move back to the US? Yes, we can't make "Swiss watches" here, just like we can't produce French champagne, but there's no excuse for not having critical pharmaceutical products and their precursor chemicals manufactured at home, that's just simple national security. Same thing is true of ammunition and its various components. Does it make sense to be dependent on the nation most likely to be your primary future adversary for the necessities to make bullets and antibiotics?

We can make cars and airplanes, we can build ships (not just for the Navy), we can produce consumer electronics and appliances, we've done all of these things before we off-shored our industrial base to the third world just so people could enjoy cheap goods. Who is going to work in these factories? I don't know, maybe people who are sick of working in Amazon fulfillment centers, or driving Ubers, or pouring coffees at Starbucks, or any other of a series of low wage service jobs.

yes.... are you in manufacturing? who is interested in a $39 toaster with a new price of $118 based on made in US?? manufacturing drifted away over what....70 years?... and how soon is it coming back? 5, 6,...-10 years realistically. and again, which banks are financing me to build these plants given the current climate ??
My point --- headlines are being read and broad strokes are being thrown around. There's a lot more to be considered.

[justsellbrgs]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

Looked it up
Heard Island and McDonald Islands have zero exports, let alone permanent human inhabitants or any economy or exporting industries. The United States has exports to Heard Island and McDonald Isla, but the value is minimal.

See we need to do it right otherwise the USA look like idiots like this thing.

Mike --- that tariff is to protect against countries sending product to those countries and then "re-shipping" to the US to avoid tariffs..(trust me on this it's already being brought up in discussions I'm trying to avoid)... Vietnam and Cambodia are high because the manufacturing from both is based on China manufacturing shift -- companies have set up mfg in both over the past several years base don tariffs......

[DocHollidayDDS]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

Looked it up
Heard Island and McDonald Islands have zero exports, let alone permanent human inhabitants or any economy or exporting industries. The United States has exports to Heard Island and McDonald Isla, but the value is minimal.

I looked it up too:

https://wits.worldbank.org/CountryProfi ... all-groups

There was roughly $1.4 million worth of exports from these islands into the US in 2022. Guess the penguins must be making some machinery and electrical equipment, since there are no people living there. What about our exports to these islands in that same year?

https://wits.worldbank.org/CountryProfi ... all-groups

Looks like we only exported $21,600 worth to the penguins in 2022.

[Ryeguy]

What about the island that they put tariffs on there no people on it just penguins guess they can pay with fish.

Included to close a loophole that could potentially be exploited by transshipment. And despite there being "no people" in this territory, they do export items into the US.

Basically, we're tired of being everybody's bitch when it comes to global trade, and including places like the Heard and McDonald islands shows that we're finally serious about doing something about it. Nations are already lining up to negotiate new tariff structures with us, so if the bed-wetters on Wall Street could just calm down for a day or so, that would be great. But either way, this is getting done, if there has to be short-term pain to my portfolio, so be it.

everybody's bitch?...... US has trade deficit on Goods...... US has trade surplus on Services

But to be clear, the trade deficit on goods is $1.2 trillion versus the surplus in goods of $278 billion.

It is a massive discrepancy. I have a hard time wrapping my brain around such numbers, but there are 1,000 billion in a trillion, so deficit in goods is almost 5X the surplus in services.

I also think there is a real risk in basing an economy on service industries. For example, exporting financial services really only works if the dollar is strong and the economic landscape in the US is solid. I'm no economist, but that is my layman opinion.

Just to add (since I had a second to look it up), the USA GDP breakdown is currently 19% Industrial and 79.9% services.

Compare that to Germany which is 28% industrial and 71% services, or Japan which is 27.5% industrial and 71.4% services.

China and Indonesia are fairly evenly split between industry and service contributions to GDP.

Personally, I do not think America needs to become like China with an even split, but I think we could pursue being more like Germany or Japan in the breakdown.

does it need to balance - sure. can I believe every number that's being thrown out --- nope.
And I can sit here all day and go back and forth but my desk is piled with orders and notification of inbound containers and ZERO clarification on what the tariff will be, and when it will go into effect (this from broker and customs)...... along with tariff variations based on product, country and HTS codes....
And for the crowd saying product should be manufactured in the US ----- I have that division as well with ISO cert and DFARS compliance.

If the numbers don’t seem realistic, this blog post from the previous administration (2024) illustrates it pretty well https://bidenwhitehouse.archives.gov/c ... s-exports/

FWIW, I think tariffs offer a somewhat artificial way to encourage industrial manufacturing to move back to the USA.

Industry left due to manufacturing costs. Industry will only return for the same reason.

I’m fine with applying equal reciprocal tariffs where appropriate, but I think something like encouraging companies to invest in automation technology through using tax breaks or similar would be more effective.

I'm all ears on which industries people "think" would be able to move back to the US......... And because we have some bankers in the crowd -- which of your banks is going to finance these builds?.... which products are economically viable to be made in US? and who is working at theses factories? (or is that why DeSantis wants to drop the child labor age down?).....

You quoted me, but I'm not sure if the question was directed towards me....

Look up "right shoring" when you have a moment. There are various models regarding bringing manufacturing back to the US.

I'm not certain domestic US child labor laws have much to do with this conversation.

The real emphasis (IMO) needs to be on the use of robotics and factory automation. The business analysis is simple. Does the investment in automation reduce the cost of a domestically manufactured product below the cost of off-shore manufactured product plus the cost of transportation? If "yes", then manufacture domestically. If "no" then continue off-shore manufacturing.

I've seen this done with items as low cost as athletic shoes, but I would think the obvious targets would be goods where the transportation costs are a major component of the overall unit cost.

[Ryeguy]

If you want to see healthy US manufacturing, look up any ITAR regulated facility.

I just hung up with a company that is building a huge new manufacturing facility in Ohio which will employ about 4,000 workers.

The sad truth is wars, especially proxy wars, are fantastic for these businesses. To use a bad pun, their business is booming.

[River Rat]

Does anybody remember when the USA started doing business with China it was Nixon when he went over there and opened it up, he let the gene out of the bottle. We have a senator in my state who lived and worked over there in China and Hong Kong for a US company before becoming a senator remember him trying to make a beef deal to sell meat to China since MT has a lot of ranchers as a senator now that party trying to clean up their mess there a little late. Kind of a bitch being old I remember how the USA got into this mess.

[justsellbrgs]

If you want to see healthy US manufacturing, look up any ITAR regulated facility.

I just hung up with a company that is building a huge new manufacturing facility in Ohio which will employ about 4,000 workers.

The sad truth is wars, especially proxy wars, are fantastic for these businesses. To use a bad pun, their business is booming.

no need to look up ITAR.... I have the certs and process orders provided I can clearly see where product is going.

[Ryeguy]

Does anybody remember when the USA started doing business with China it was Nixon when he went over there and opened it up, he let the gene out of the bottle. We have a senator in my state who lived and worked over there in China and Hong Kong for a US company before becoming a senator remember him trying to make a beef deal to sell meat to China since MT has a lot of ranchers as a senator now that party trying to clean up their mess there a little late. Kind of a bitch being old I remember how the USA got into this mess.

Well, you aren't that old.

The US hasn't had a trade surplus since 1975, but the trend started going aggressively negative around 1992, so if you remember grunge, you lived through it.

https://www.macrotrends.net/global-metr ... ce-deficit

[Ryeguy]

If you want to see healthy US manufacturing, look up any ITAR regulated facility.

I just hung up with a company that is building a huge new manufacturing facility in Ohio which will employ about 4,000 workers.

The sad truth is wars, especially proxy wars, are fantastic for these businesses. To use a bad pun, their business is booming.

no need to look up ITAR.... I have the certs and process orders provided I can clearly see where product is going.

That comment wasn't directed towards you. It was to the general audience.

The point I was making is ITAR business do all their manufacturing domestically, and hire a lot of US skilled labor.

If I were graduating with an engineering or industrial degree today, I would be focusing my job search on these types of companies.

[demer03]

All I can say is for me…states, contractors, and end users are sending lots of interest our way and are wanting to make sure we are a US manufacturer using predominantly US material. It appears it will bring more business in the door for us. I hope others as well.

Anywho….Ireland is amazing, if anyone was on the bubble…

[mattcantwin]

Marc released another video addressing some concerns people raised following his first video.

https://www.youtube.com/watch?v=i1x85A-7VOk

[Blaine]

All I can say is for me…states, contractors, and end users are sending lots of interest our way and are wanting to make sure we are a US manufacturer using predominantly US material. It appears it will bring more business in the door for us. I hope others as well.

Anywho….Ireland is amazing, if anyone was on the bubble…

It’s a beautiful place and I have to say, the people are as friendly, as I read, they were. Enjoy Mike…looks like you’re having amazing weather too. Safe travels.


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