And so...the "recession" begins

[againstthegrain]

^^^I would think most ingredients of Kellog's RB would be of American origin and made in America so no tariff worries there. But some producers and resellers may spread the pain around to products not subject to tariffs or not subject to much of a tariff.

 

[againstthegrain]

The winners in this are the treasuries of governments, and not just the US Treasury.

Overall it's going to be a net negative for all governments and most people around the world. America has essentially sanctioned itself like much of the the world has sanctioned RU, IR, NK, Syria, and Cuba.

 

[dilettante]

Tariffs can impede opportunistic mercantilism, but that's a far thing from recession.

 

[seadoug]

^^^I would think most ingredients of Kellog's RB would be of American origin and made in America so no tariff worries there. But some producers and resellers may spread the pain around to products not subject to tariffs or not subject to much of a tariff.

That is precisely what the CEO of Walmart mentioned. He indicated they might raise the price of some non-tariffed items to keep the costs down on items with tariffs. Sort of equalizing the increases across the board.

 

[smiley]

you skating on thin ice here or is it still considered non-political?

 

[smiley]

anyway as a thin ice skater - don't ya just love it when we still see all these big important people meeting in different important places to try to solve a lot of important problems - and we all sit watching on our tv screens and wonder how our lives are gonna improve or not? just sayin like?

 

[smiley]

We will collect off tariffs from Heard and McDonald's Islands to make it all worthwhile. That said,I won't touch this thread with a ten foot pole.

show us ya ten foot pole and I'll suggest the best position for standing in ?

 

[smiley]

I love the feeling of beach walking close to the sea and just paddling ; no swimming ; no getting in too deep and needing lifeguards? just wandering along with a song in mind - and we all like different tunes heh?