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Started By
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re: Goldman Sachs says U.S. consumers stuck with higher prices even after SCOTUS tariff ruling
Posted on 2/25/26 at 10:16 am to Violent Hip Swivel
Posted on 2/25/26 at 10:16 am to Violent Hip Swivel
quote:
Trump said "other countries are paying these tariffs" again in his speech last night. When he does this, there's no other way to explain in other than he thinks Americans are stupid
Well he's right, a lot of poli boarders still believe it.
1
Posted on 2/25/26 at 10:18 am to awestruck
quote:
Melt elsewhere...
Sorry if putting together more than a few words is considered a melt to you.
Also, why in the heck would you even include TDS in your reply
quote:
TDS
Posted on 2/25/26 at 10:21 am to sgallo3
quote:
Well he's right, a lot of poli boarders still believe it.
A lot of people promised tariffs would bring massive inflation last year on the OT
I have not noticed any crazy price hikes nor has a majority of Americans. Thanks for calling us stupid tho
Posted on 2/25/26 at 10:24 am to SoFlaGuy
quote:
Or, make your products in America.
Will take years to do that with some industries.
My company imports chips that are only made in Korea. Would take a half decade to build a chip fab capable of building the same thing. Supposedly the new Samsung fab in Taylor will help with this but it isn't coming online for a while.
This post was edited on 2/25/26 at 10:53 am
Posted on 2/25/26 at 10:34 am to ragincajun03
The use of tariffs is not intended to reduce prices. It’s to reduce or eliminate income taxes.
Posted on 2/25/26 at 10:36 am to BurlesonCountyAg
quote:
The use of tariffs is not intended to reduce prices. It’s to reduce or eliminate income taxes.
Hopefully you don't really believe this.
Posted on 2/25/26 at 10:38 am to ATrillionaire
quote:
Hopefully you don't really believe this.
Trump said it last night.
Posted on 2/25/26 at 10:39 am to ragincajun03
quote:
For American consumers, however, the chances of seeing relief are slim.
You think?
I like Trump but it's amazing how people slurped this up like it was going to create money in their pockets. quote:
With new tariffs coming in, it seems unlikely anyone will rush to lower prices to their customers.”
For customers, all it's done is raise prices. I get an email from a new supplier almost every day about an increase in price because of tariffs.
Posted on 2/25/26 at 10:40 am to cajuntiger1010
quote:
A lot of people promised tariffs would bring massive inflation last year on the OT
We had the estimates of tariffs being a $1,000-$2,000 tax per household.
U.S. tariff revenue surged in 2026, with total customs duties reaching approximately $264 billion to $287 billion for the calendar year.
There are approximately 132 to 135 million households in the United States.
That is almost 2k per household on the dot. If you were expecting more massive that is due to lack of research.
This post was edited on 2/25/26 at 10:42 am
Posted on 2/25/26 at 10:41 am to BurlesonCountyAg
quote:
Trump said it last night.
Thanks for clearing that up.
Posted on 2/25/26 at 10:41 am to el Gaucho
quote:
I worked for 8 bucks an hour back in the day, best time of my life
We are not talking about your male prostituting days. Manufacturing requires high wages and higher benefits for each American worker.
Posted on 2/25/26 at 10:43 am to ATrillionaire
Man, the OT is infected with a bunch of soy milk latte-drinking, avocado toast-eating "men".
Posted on 2/25/26 at 10:44 am to The Pirate King
quote:
Man, the OT is infected with a bunch of soy milk latte-drinking, avocado toast-eating "men".
I'm an almond milk guy.
Posted on 2/25/26 at 10:46 am to Pvt Hudson
quote:more like "hey since they were paying these prices already and got used to it , no need to go back."
So the price increase wasn’t because of the tariffs.
Posted on 2/25/26 at 10:46 am to dallastigers
quote:
TDS in your reply
Posted on 2/25/26 at 10:46 am to winkchance
quote:
What goods are higher today than they were a year ago?
quote:
Food overall: Up 2.9%.
Food at home (groceries): Up 2.1%.
Cereals and bakery products: Up 3.1%.
Nonalcoholic beverages (including coffee and juices): Up 4.5%.
Meats, poultry, fish, and eggs: Up 2.2% (specific items like ground beef and orange juice have seen notable increases in some reports, with ground beef up around 15% in certain trackers from early 2025 baselines).
Food away from home (e.g., dining out): Up 4.0%, with full-service meals up 4.7%.
Shelter (including rent and owners' equivalent rent): Up 3.0% — this remains a major driver of overall inflation.
Electricity: Up 6.3% (driven by demand from data centers and AI-related growth).
Household furnishings and operations: Up 3.9%.
Personal care: Up around 5.4% in some breakdowns.
Apparel: Up 1.7%.
Alcoholic beverages: Up 2.0%.
Tobacco and smoking products: Up 8.5%.
Medical care services (e.g., hospital services): Up significantly in subcategories, contributing to overall medical care increases.
Posted on 2/25/26 at 10:48 am to ragincajun03
Once retailers set a benchmark for higher pricing during the pandemic, and you expect that shite to come down now that people have been paying those prices for 5 years?
Posted on 2/25/26 at 10:49 am to ATrillionaire
quote:
I'm an almond milk guy.
Are you also a big supporter of the environment?
Posted on 2/25/26 at 10:49 am to The Pirate King
quote:I've found it hard to make a latte without using whole milk. Getting the foam right is kinda tough.
Man, the OT is infected with a bunch of soy milk latte-drinking, avocado toast-eating "men".
Posted on 2/25/26 at 10:51 am to The Pirate King
quote:
Are you also a big supporter of the environment?
I don't particularly care abt future generations. But this thread is abt Goldman Sachs' assessment, so I'll let you have the personal stuff.
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