Trump touts affordability while inflation rages across America on everything from food to furniture to cars | Forex Factory

  • Trump touts affordability while inflation rages across America on everything from food to furniture to cars

    From nypost.com

    With a social-media post that said “STOP LYIN” about there being an affordability crisis, President Trump claims he’s whipped inflation. But consumers are still feeling the squeeze. Target’s prices are up 5.5% nationwide this year and Walmart’s are up 5.3%, according to an analysis by DataWeave, which looked at roughly 16,000 items across each retailer’s website. Amazon’s price hikes have averaged more than 12%, according to a report. After seven months under Trump’s tariffs, Americans are paying more for nearly everything — from a cup of joe and plush living room sofas to children’s toys. ... (full story)

Comment Options
TraderTero
Nov 7, 2025 3:51am
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Quoting Thebighouse
NY Post is not worthy of being read. It is propaganda for democrats. Inflation is a biden phenomenon. Affordability is a biden creation. Turkey dinner with Trump is 25 PERCENT CHEAPER. Gasoline is CHEAPER. Look at democrat created utility prices with their wind farms. Through the roof. Poor NJ. Literally poor.
Correction: The New York Post generally has a conservative political leaning. It often supports right-leaning policies and politicians, especially in its editorial content. It's owned by News Corp, which is controlled by Rupert Murdoch — the same media group behindFoxNews.
DrWho37
Nov 7, 2025 4:12am
Permalink
No matter who's inflation this is, the reality is that inflation is real. That's a fact. And lowering interest rates will make things much worse.

We were on the right path to cool down inflation, but someone had the great idea to introduce tariffs to every single imported good in America. How smart is that, uh?
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W0lfram
Nov 7, 2025 4:56am
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Quoting Thebighouse
NY Post is not worthy of being read. It is propaganda for democrats. Inflation is a biden phenomenon. Affordability is a biden creation. Turkey dinner with Trump is 25 PERCENT CHEAPER. Gasoline is CHEAPER. Look at democrat created utility prices with their wind farms. Through the roof. Poor NJ. Literally poor.
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Rockwood
Nov 7, 2025 11:47am
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Quoting fx6996
{quote}Take milk, for instance. Within quota, the tariff is 7.5%. Over-quota milk faces a 241% tariff. Other over-quota rates include blended dairy powder at 270%. Duties rise to as high as 314% for other products, according to data from the World Trade Organization. Canadian officials argue that all countries subsidize dairy, including the U.S. -- Canada essentially does so indirectly by closing its borders and capping production.
US dairy producers have been unable to export enough dairy products to hit the tariff cap that has existed since the creation of NAFTA, every single year. Bitching about the export cap that US producers can't even hit makes you look like a buffoon. I tasted your American milk on a trip. It was garbage. No wonder Canadians don't want your trash white chemical cow juice.
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fx6996
Nov 7, 2025 8:44am
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Quoting devonoved
Dear maga, if Biden didn't create the inflation here in Canada, or the UK, or Australia, or Japan, or Europe, do you really think American inflation was all him? That's one powerful dude, I guess. Maybe it's time to give up the comfort of easy answers and mental laziness. Try to grasp that the people you love to hate probably aren't responsible for everything you don't like, the world just isn't as simple as a blue vs red football game.
To my northern friend - YES the USA inflation was a result of:

TRILLIONS IN COVID SPENDING - How much did Canada spend?
Paying for housing & boarding for MILLIONS of illegal aliens sneaking into the USA
Passing MASSIVE free subsidies for OBAMACARE which the Dems voted as a temporary fix; the Dems voted in 2016 to end the subsidies in 2026 (10 years) - NOW the idiot Dems are extorting the White over an issue that THEY CREATED

So my Canadian friend - how much did your Prime Minister spend housing "refugees?"

From Farmprogress-dot-com:

Does Canada really charge 270% on milk?

On some dairy imports, yes. Canada essentially allows two avenues for dairy imports -- those within quota, and surplus stuff. It’s the latter where tariffs spike, because Canada’s whole system is built to avoid a surplus -- hence its name, “supply management.”

Take milk, for instance. Within quota, the tariff is 7.5%. Over-quota milk faces a 241% tariff. Other over-quota rates include blended dairy powder at 270%. Duties rise to as high as 314% for other products, according to data from the World Trade Organization. Canadian officials argue that all countries subsidize dairy, including the U.S. -- Canada essentially does so indirectly by closing its borders and capping production.
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CycleGF
Nov 7, 2025 5:10am
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Fed needs to raise the rates once again .. inflation is sky rocketing
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Schultz
Nov 7, 2025 12:42pm
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Quoting fx6996
{quote} USA allowed other nations to impose tariff's on US business's in order to protect their "home industries" - that's how tariff's used to work Trump has level the playing field by accomplishing in 1 year what others could never get done; yes he's a bull in a china shop; I dislike...
fx6996 - Other nations did not and could not impose tariffs on US businesses.

If that is your understanding of how tariffs work (your words) then you really need to go to school.

Or read an educational resource about how tariffs work. Trust me, reading isn't too hard once you get the hang of it.
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Trader#D84B
Nov 7, 2025 3:13am
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Trump does not understand tariffs or economics in general. If he represents the standard of the Wharton School you can stick it. Never mind, when the Americans get their golden ballroom at the White House you will all have a ball. Now thats something to really look forward to. Never mind the price of beef!
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Schultz
Nov 7, 2025 12:47pm
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Quoting TraderTero
{quote} Is your future in manufacturing sneakers in USA for double the cost what they cost when made somewhere elso or focusing on high tech service development.
fx said "But I LOVE his policies because I see LONG-TERM"

so, perhaps it is indeed making sneakers that the US aspires to in the long term. I can't make up this shit.
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Schultz
Nov 7, 2025 1:21pm — Edited
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Quoting fx6996
{quote} Get with the 21st century, forget the OUTDATED & USELESS (except for history lessons) 20th ECONOMICS
I am a Keynesian economics believer -
Actually, Keynes was 20th century.

In the context of tariffs, and what TraderTeo was alluding to, the theory of comparative advantage was first formulated by Ricardo in about 1817.

Do not be so hasty in discounting history. These dudes from way back were indeed very clever, and had the capacity to think clearly.

If you really want to learn something useful, spend some time on that. And it will take time.

Because it is not even close to being intuitive.

Why, for example, might a country that is better at making everything still wish to trade with another country? I'll leave you with that.

edit - You mention the 21st century. There are aspects of comparative advantage that may be challenged in the context of tariffs, or not. But of course you first have to understand something to challenge it, as with anything.

edit2 and oops! A snap! moment. I can't see new posts as I'm tapping out mine. Now I see immediately above me post 40 by TraderTeo which addresses Ricardo. I meant in my spiel his initial post #32.
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DwnUndrTrdr
Nov 7, 2025 11:36pm
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Quoting TraderTero
{quote} Correction: The New York Post generally has a conservative political leaning. It often supports right-leaning policies and politicians, especially in its editorial content. It's owned by News Corp, which is controlled by Rupert Murdoch — the same media group behindFoxNews.
Shows how far the political landscape has changed when New York Post and Murdoch are considered Lefties.
NewsMax is the political centre for some.
Thebighouse
Nov 7, 2025 2:46am
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NY Post is not worthy of being read. It is propaganda for democrats. Inflation is a biden phenomenon. Affordability is a biden creation. Turkey dinner with Trump is 25 PERCENT CHEAPER. Gasoline is CHEAPER.
Look at democrat created utility prices with their wind farms. Through the roof. Poor NJ. Literally poor.
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Schultz
Nov 7, 2025 11:11am — Edited
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Quoting Trader#AA78
Inflation is clearly global. This all started from Trump tariffs 1.0 and has been bubbling away ever since. COVID spike only masked the true effects. Tariffs are not only a one time hit. Companies/businesses absorb as much as they can for as long as they can. Then trickle down the costs to the consumer. This is how a business in the real world is run.
Yes. More people need to understand this. There is no such thing as a one-off inflation hit.

Anyone who has ever spoken words to that effect are economic illiterates.

That prices eventually trickle down to the consumer is the obvious bit. Inflation.

Those who able will demand higher wages to maintain "real" wages.

Even if the consumer is frugal and ceases to purchase tariffed goods, their plumber does, or the builder of your house. They will demand more money for their work.

More broadly, higher wages equal higher business costs, and business will pass these though in higher prices a wage-price spiral.

If the business cannot pass through higher costs either due to higher input costs due to tariffs or wages, they will eventually cease, or make cutbacks elsewhere.

There are other feedback efects which all swim around in the mix, but that is a taste.

What happens thereon is a matter for speculation, but clearly there is no so called "on-off" effect. It is called cost-push inflation. One of the more infamous examples of this was in the 1970s when the price of oil quadrupled.

These things take time to manifest themselves and become ingrained. Forget about watching monthly readings of the CPI. It creeps up gradually and definitely not smoothly.
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Trader#A306
Nov 7, 2025 2:55am
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This ugly inflation is Biden's inflation. Trump's inflation is big and the most beautiful inflation in the world.
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Trader#2C27
Nov 7, 2025 3:48am
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Inflation was crated by the democrats stupid policies, Biden allowed it.

We are far better off this year in terms of every day living and expenses as compared to last year. It’s night and day. Cost for gas , groceries still need some work but considerably cheaper, homes , don’t forget eggs
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DrWho37
Nov 7, 2025 5:37am
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Quoting CycleGF
Fed needs to raise the rates once again .. inflation is sky rocketing
They don't have what it takes. And now that Powell is out, and the new muppet is in... The rates will go in the wrong direction. Economy is busted. I feel sorry for the average Joe...
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fx6996
Nov 7, 2025 8:48am
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Quoting murman1480
Trump controls only chaos & division and is probaly the worst business man that ever existed... multiple bankruptcies, cheat, deadbeat, no clue about anything, always the blame game what a sham
Are you related to Nancy Pelosi?

You spot out things like you know the real truth - you don't.

How many properties does Trump own?

Did Trump oversee the closure/bankruptcy of Trump Plaza in Atlantic? NOPE Trump never owned the casino - he simply "rented out his name/brand" and got paid lots of money for nothing. Nevertheless people, like yourself, wrongly claim that Trump drove it into bankruptcy - not true

Sorry you suffer from envy
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fx6996
Nov 7, 2025 10:47am
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Quoting Trader#20F2
{quote} Inflation was caused by covid. It's not the left or the right's fault
Covid - It was China's fault

Reaction to Covid was VERY DIFFERENT between Blue & Red states (blue=Democrat & red=Republican)

Blue states remained shut down and spent money like there was no tomorrow due to the mandatory lockdown.

It was a bad time - the Government should have NEVER shut down
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fx6996
Nov 7, 2025 10:51am
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Quoting Trader#AA78
Inflation is clearly global. This all started from Trump tariffs 1.0 and has been bubbling away ever since. COVID spike only masked the true effects. Tariffs are not only a one time hit. Companies/businesses absorb as much as they can for as long as they can. Then trickle down the costs to the consumer. This is how a business in the real world is run. Most of these idiots I mean economists use data from the Mag-7 and think it applies to all businesses. You can't just slug your customers - because then you lose some of them as a result. Mag-7 companies...
You are close to my thinking but I simply look at it like this: What is more important : inexpensive trinkets and crap that people purchase @ Wal-Mart OR
less imported goods and higher wages for Americans that do those jobs

Businesses that are hurt by these tariff's - adapt or go under.

People faced this same dilmena when Ford started to mass produce cars. Buggy makers complained as well as carriage builders.

Americans need to consume less - I would think the liberal left would be in favor of this as there is less pollution as well.
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fx6996
Nov 7, 2025 10:52am
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Quoting Trader#1F1C
A little while longer TACO will rule the American chaos and the USA will end up like Venezuela!! 1,000,000% inflation. Bankruptcy is approaching at breakneck speed.
REALLY? Give me a date then - I'm waiting
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Twocans
Nov 7, 2025 11:50am
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Nobody in the media was whining about inflation under O'biden rule. Why? At every White House press conference the message was how things were improving and that Joe was sharp as a tack and livelier than a kid on a sugar high. It takes time to undo things that are 'no' a bunch of lies. BTW... EUR/USD IS PRINTING LOWER SLIGHTLY HIGHS and moving sideways. I'm looking for sellers taking profits to come in to the mix before long and the momentum is definitely losing traction. (At least for now).
fx6996
Nov 7, 2025 12:12pm
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During COVID, the federal government handed out trillions of dollars.

American taxpayers bought massages chairs for a teachers' lounge in Montana, spent $6.6 million on a sprinkler system at a Colorado Springs golf course, paid $2,000 for a bowling party in Connecticut, another $10 million on rodeos because of course rodeos are needed, $7,675 on a marching band and some $2,400 on "swag."

Stunningly, given the circumstances, some money wasn't spent. And one U.S. senator says in just one part of that program, intended to help state and local governments, there was $65 billion left over. She wants it back.

"The COVID cash bonanza was a $4.5 trillion all-you-can-eat buffet of waste, fraud, and abuse, with the cost eaten by taxpayers," Sen. Joni Ernst, R-Iowa, confirmed. "At $38 trillion in debt, the federal government shouldn't have secret slush funds or be spending them on golf carts, bowling parties, and high school drag shows. While too much money has already been sent out the door, we have a chance to return the remaining $65 billion to the American people."

https://www.wnd.com/2025/11/give-it-...ed-covid-cash/
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fx6996
Nov 7, 2025 12:18pm
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Quoting Rockwood
{quote} US dairy producers have been unable to export enough dairy products to hit the tariff cap that has existed since the creation of NAFTA, every single year. Bitching about the export cap that US producers can't even hit makes you look like a buffoon. I tasted your American milk on a trip. It was garbage. No wonder Canadians don't want your trash white chemical cow juice.
Fine how many other examples should I provide?

Oh that's right the left NEVER admits they were wrong - they just turn the argument around and insult you.

With regard to milk in the USA - ehhhh. Not a fan myself unless it's in my coffee.

Readers Digest Version:

USA allowed other nations to impose tariff's on US business's in order to protect their "home industries" - that's how tariff's used to work

Trump has level the playing field by accomplishing in 1 year what others could never get done; yes he's a bull in a china shop; I dislike his tweeting and personally I feel Trump is a bully.

But I LOVE his policies because I see LONG-TERM and it's time to stop selling our future.
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fx6996
Nov 7, 2025 12:48pm
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1. Manufacturing of sneakers (Nike is cheaper due to child labor) - probabbly NOT the future of US manufacturing
2. High tech - absolutely as many companies and countries are investing in the US AI bandwagon.
3. Oil, coal & LNG (of which the US has the largest deposits) will most definately help the US become profitable. WHY? Any country that has low energy costs and good transportation will grow & prosper plus those jobs pay much better than a Starbuck baristia
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fx6996
Nov 7, 2025 12:54pm
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Quoting Schultz
{quote} fx said "But I LOVE his policies because I see LONG-TERM" so, perhaps it is indeed making sneakers that the US aspires to in the long term. I can't make up this shit.
Dude, when 3-D printers are more common all this manufacturing will be completely automated. The good paying jobs will be for the printing manufacturing and techs that keep the machines running.

I'll bet if you were around when horses & carriages were the main form of transportation you would be bitching and moaning about the monster Ford who was stealing jobs from the buggy manufacturers. Oh do you think that the airplanes are bad too because it hurts shipping?

Get with the 21st century, forget the OUTDATED & USELESS (except for history lessons) 20th ECONOMICS
I am a Keynesian economics believer - to a point

From AI:
Keynesian economics is a theory developed by John Maynard Keynes that advocates for government intervention to stabilize the economy, especially during recessions. It argues that during economic downturns, government spending and lower taxes should be used to stimulate aggregate demand, which in turn boosts employment and growth. Conversely, during economic booms, governments should increase taxes to prevent overheating and manage inflation.
Core principles
Government intervention: Keynesians believe that economies are not always self-correcting and that government action is necessary to moderate the business cycle.
Aggregate demand: The theory focuses on aggregate demand—the total spending in an economy—as the key driver of economic activity.
Countercyclical fiscal policy: During a recession, the government should engage in deficit spending (e.g., on public works) to create jobs and stimulate demand. During a boom, it should raise taxes and spend less to cool the economy.
The multiplier effect: Government spending can have a ripple effect, as the money spent is received as income by others, who then spend a portion of it, creating more income and spending throughout the economy.
Short-run solutions: Keynesians prioritize fixing immediate problems, like unemployment during a recession, rather than waiting for the market to self-correct over the long run, famously stating, "In the long run, we are all dead".
Benefits and criticisms
Benefits: Keynesian policies were credited with helping pull economies out of the Great Depression and have been used in many countries to combat recent recessions through stimulus packages.
Criticisms: Critics argue that government spending can be inefficient, and that the large deficits incurred can harm the economy by crowding out private investment or leading to inflation.
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fx6996
Nov 7, 2025 1:05pm
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Quoting Schultz
{quote} fx6996 - Other nations did not and could not impose tariffs on US businesses. If that is your understanding of how tariffs work (your words) then you really need to go to school. Or read an educational resource about how tariffs work. Trust me, reading isn't too hard once you get the hang of it.
The EU imposed penalties on both Facebook & Alphabet (parent company of Google) which were in essence tariff's on individual businesses.

The EU SUBSIDISES their airplane program as well as steel manufacturing. That pushes down the cost of the foreign products so the US retaliates by imposing tariff's on Airbus in order to protect Boeing.
Schultz you are useless because you have TDS so anything you read, view, hear is biased. Please seek medical help before you drive yourself crazy in 2026 when the US jumps to the head of the class in economic strength.

NEVER COUNT THE USA OUT FOR THE COUNT - Everyone in the past was wrong and the US will once again become the economic powerhouse it once was.

AI Overview
Mapped: U.S. Tariff Rates by Country - Visual Capitalist
Nations use tariffs as a tool to manage trade, often to protect domestic industries, raise revenue, or exert diplomatic pressure. For example, the United States has implemented reciprocal tariffs on goods from countries like China (10%), the European Union (15%), and Canada (35%), while other nations such as India, China, and the EU also have their own specific tariffs, with India showing one of the highest trade-weighted average tariffs at 12.0%. The actual rates and their application can be complex, often changing in response to trade disputes or to achieve specific policy goals.
Why nations use tariffs
To protect domestic industries: Tariffs make imported goods more expensive, encouraging consumers and businesses to buy cheaper, domestically produced alternatives.
To raise revenue: Tariffs are a form of tax that governments can collect on imported goods.
To influence other countries: Governments may use tariffs as a way to pressure other nations to change their policies on issues like trade practices or human rights.
To respond to other countries' tariffs: Nations often implement reciprocal tariffs in retaliation for tariffs imposed by their trading partners.
Examples of tariff use by specific nations
United States: The U.S. has implemented tariffs on goods from countries like China (10%), the EU (15%), and Canada (35%), citing reasons such as unfair trade practices and the need to protect American jobs.
European Union: The EU has its own tariffs on goods entering its market, with a proposed 50% tariff on steel imports from the US if they exceed a certain quota.
India: India has some of the highest tariff rates, with a trade-weighted average tariff of 12.0% and significantly higher rates on specific goods, such as passenger vehicles, compared to the U.S..
China: China also uses tariffs, with its average most-favored-nation (MFN) tariff rate being higher than that of the U.S., although the specific rates can vary depending on the product and the trade relationship.
How tariffs are applied
Tariff rates: Tariffs are calculated as a percentage of the value of the imported goods. For example, a $100 item with a 20% tariff would cost the importer an additional $20.
Tariff-rate quotas: In some cases, a country may set a limit on the quantity of a specific good that can be imported duty-free. Any imports above this limit would be subject to a higher tariff.
Non-tariff barriers: Countries also use other measures, like quotas, regulations, and subsidies, to restrict trade

PERSONALLY: I feel it would go much faster if people like you and all the other cry babies who said they would leave the US if Trump got elected would actually leave; it did wonders for Johnny Depp's career and Sean Penn
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fx6996
Nov 7, 2025 1:08pm
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Quoting Schultz
{quote} fx said "But I LOVE his policies because I see LONG-TERM"
Policies such as:
ENERGY INDEPENDANCE
SECURE BORDERS
STRONG BUSINESS'S WITH FOREIGN SEED MONEY
STOPPING CORRUPTION OF THE DEMOCRATIC PARTY

Just to name a few
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Schultz
Nov 7, 2025 1:51pm
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Quoting fx6996
{quote} I feel it would go much faster if people like you and all the other cry babies who said they would leave the US if Trump got elected would actually leave; it did wonders for Johnny Depp's career and Sean Penn
.
I'm not sure if Depp is allowed back into Australia. A few years ago he brought two dogs, Pistol and Boo, to Australia.

The Agriculture Minister, Mr Joyce, said "It's time that Pistol and Boo buggered off back to the United States." or they (the dogs, not Depp and his rather cute missus at the time) would face death.
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PiipPool
Nov 7, 2025 9:11am
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Quoting Thebighouse
NY Post is not worthy of being read. It is propaganda for democrats. Inflation is a biden phenomenon. Affordability is a biden creation. Turkey dinner with Trump is 25 PERCENT CHEAPER. Gasoline is CHEAPER. Look at democrat created utility prices with their wind farms. Through the roof. Poor NJ. Literally poor.
You clearly aren't familiar with the NY Post. They're not democrats
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devonoved
Nov 7, 2025 7:02am
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Dear maga, if Biden didn't create the inflation here in Canada, or the UK, or Australia, or Japan, or Europe, do you really think American inflation was all him? That's one powerful dude, I guess.

Maybe it's time to give up the comfort of easy answers and mental laziness. Try to grasp that the people you love to hate probably aren't responsible for everything you don't like, the world just isn't as simple as a blue vs red football game.
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TraderTero
Nov 7, 2025 9:07am
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Quoting fx6996
{quote} Are you related to Nancy Pelosi? You spot out things like you know the real truth - you don't. How many properties does Trump own? Did Trump oversee the closure/bankruptcy of Trump Plaza in Atlantic? NOPE Trump never owned the casino - he simply "rented out his name/brand" and got paid lots of money for nothing. Nevertheless people, like yourself, wrongly claim that Trump drove it into bankruptcy - not true Sorry you suffer from envy
Some AI here:

Donald Trump’s casinos filed for bankruptcy multiple times under Chapter 11, which allows companies to restructure debt while continuing operations. The key bankruptcies involved Trump Entertainment Resorts and occurred in:

- 1991 – Trump Taj Mahal
- 1992 – Trump Plaza and Trump Castle
- 2004 – Trump Hotels & Casino Resorts
- 2009 – Trump Entertainment Resorts

In all these cases, Trump cited heavy debt and economic conditions. While his personal wealth was affected, the bankruptcies were corporate,notpersonal.

Donald Trump did own and control the casinos initially. Over time, as the businesses struggled financially and went through bankruptcies, his ownership stake and control diminished.

Here's a breakdown:

- Trump personally developed and owned casinos like Trump Plaza, Trump Castle, and Trump Taj Mahal in Atlantic City during the 1980s and early 1990s.
- By the early 2000s, these were reorganized under Trump Hotels & Casino Resorts, a publicly traded company where Trump was chairman and held a significant stake.
- After repeated bankruptcies, his ownership was diluted. By the 2009 bankruptcy, Trump owned only about 10% of Trump Entertainment Resorts and resigned as chairman, although the company kept using his name under a licensing agreement.

So yes, he did own them, but his role decreasedovertime.
Trader#5418
Nov 7, 2025 9:26am
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Quoting Thebighouse
NY Post is not worthy of being read. It is propaganda for democrats. Inflation is a biden phenomenon. Affordability is a biden creation. Turkey dinner with Trump is 25 PERCENT CHEAPER. Gasoline is CHEAPER. Look at democrat created utility prices with their wind farms. Through the roof. Poor NJ. Literally poor.
Turkey dinner lie has been debunked. He can only continue fool the mentally challenged.

Walmart’s 2025 Holiday Meal contains only 15 items, while the company’s 2024 Holiday Meal included 29 items.
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CycleGF
Nov 7, 2025 9:19am
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Gold is under-stating the higher inflation... Seems rigged like hell
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Fractality
Nov 7, 2025 10:29am
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Quoting TraderTero
{quote} Correction: The New York Post generally has a conservative political leaning. It often supports right-leaning policies and politicians, especially in its editorial content. It's owned by News Corp, which is controlled by Rupert Murdoch — the same media group behindFoxNews.
Heh.... He didn't expect that one ...
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TraderTero
Nov 7, 2025 12:36pm
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Quoting fx6996
{quote} Fine how many other examples should I provide? Oh that's right the left NEVER admits they were wrong - they just turn the argument around and insult you. With regard to milk in the USA - ehhhh. Not a fan myself unless it's in my coffee. Readers Digest Version: USA allowed other nations to impose tariff's on US business's in order to protect their "home industries" - that's how tariff's used to work Trump has level the playing field by accomplishing in 1 year what others could never get done; yes he's a bull in a china shop; I dislike...
Is your future in manufacturing sneakers in USA for double the cost what they cost when made somewhere elso or focusing on high tech service development. Do you think that mining coal and pumping oil will make USA better off in the long term?
TraderTero
Nov 7, 2025 1:11pm
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Quoting fx6996
1. Manufacturing of sneakers (Nike is cheaper due to child labor) - probabbly NOT the future of US manufacturing 2. High tech - absolutely as many companies and countries are investing in the US AI bandwagon. 3. Oil, coal & LNG (of which the US has the largest deposits) will most definately help the US become profitable. WHY? Any country that has low energy costs and good transportation will grow & prosper plus those jobs pay much better than a Starbuck baristia
It's just that mining coal, pumping oil and fracking lng is not as cheap as you may think. The world is moving to renewable energies and that is much more cost affective than using those polluting energy sources.
TraderTero
Nov 7, 2025 1:19pm
Permalink
Quoting fx6996
{quote} The EU imposed penalties on both Facebook & Alphabet (parent company of Google) which were in essence tariff's on individual businesses. The EU SUBSIDISES their airplane program as well as steel manufacturing. That pushes down the cost of the foreign products so the US retaliates by imposing tariff's on Airbus in order to protect Boeing. Schultz you are useless because you have TDS so anything you read, view, hear is biased. Please seek medical help before you drive yourself crazy in 2026 when the US jumps to the head of the class in...
On average the tariffs between USA and EU were around 3%. They Keynsian theory is not related to international trade. This is the key:

Theory of Comparative Advantage (also called the Relative Production Theory) is a classical economic concept introduced by David Ricardo in the early 19th century.

Main idea:
A country should specialize in producing goods in which it has a comparative advantage—that is, it can produce at a lower opportunity cost than other countries.
Even if one country is more efficient (has an absolute advantage) in producing all goods, trade can still be beneficial for both.

Example:
- Country A can produce 1 ton of wheat in 10 hours and 1 ton of iron in 20 hours.
- Country B can produce wheat in 30 hours and iron in 40 hours.

Even though Country A is better at both, it has a comparative advantage in wheat, because it gives up less iron per ton of wheat produced. Country B has a comparative advantage in iron.

→ If both countries specialize and trade, they will both benefit.

Key takeaway:
Trade benefits all countries when they specialize according to their comparative advantages, even if one is more productiveineveryarea.
murman1480
Nov 7, 2025 7:24am
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Trump controls only chaos & division and is probaly the worst business man that ever existed... multiple bankruptcies, cheat, deadbeat, no clue about anything, always the blame game what a sham
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Trader#20F2
Nov 7, 2025 9:21am
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Quoting Thebighouse
NY Post is not worthy of being read. It is propaganda for democrats. Inflation is a biden phenomenon. Affordability is a biden creation. Turkey dinner with Trump is 25 PERCENT CHEAPER. Gasoline is CHEAPER. Look at democrat created utility prices with their wind farms. Through the roof. Poor NJ. Literally poor.
Inflation was caused by covid. It's not the left or the right's fault
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Trader#AA78
Nov 7, 2025 10:41am
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Inflation is clearly global. This all started from Trump tariffs 1.0 and has been bubbling away ever since. COVID spike only masked the true effects.

Tariffs are not only a one time hit. Companies/businesses absorb as much as they can for as long as they can. Then trickle down the costs to the consumer. This is how a business in the real world is run. Most of these idiots I mean economists use data from the Mag-7 and think it applies to all businesses. You can't just slug your customers - because then you lose some of them as a result. Mag-7 companies can absorb that "loss". Whereas a small business cannot afford to lose 5-10% of their business as it is most likely their ENTIRE MARGIN.

People in 2025 seem to forget that we have a "real world" out there that has taught us most of these lessons already. For some reason, the Mag-7-Boom has turned people into dumb(er) morons.

The million dollar question is..... how long can they (Mag-7) prop everyone up?
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Trader#97CE
Nov 8, 2025 8:46am
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"American milk". That is silly. America is a vast diverse place. There are thousands of milk producers of all different sorts. Just like in your country, you can buy cheap or buy the finest. What is a grown man doing drinking cow's milk anyway?
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Trader#8E32
Nov 7, 2025 7:29am
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you are right walmart is cheaper than last year BUT you get less and the items are off brand that is why it is cheaper
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Trader#6300
Nov 7, 2025 9:49am
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funny to read comments about inflation. You can look at the chart for yourself on forex factory. The most inflation we have is under Trump point blank period fact.
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Trader#1F1C
Nov 7, 2025 10:14am
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A little while longer TACO will rule the American chaos and the USA will end up like Venezuela!! 1,000,000% inflation. Bankruptcy is approaching at breakneck speed.
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