A thirty ounce can of ground coffee, I was paying $15 two weeks ago, same coffee today $20. The countries trump is tariffing must be making a fortune

[Lovebug]

Just grow your own... tomatoes, coffee...or do without.

 

[Taylor]

The data you presented reflects global supply. The price of coffee in the US reflects tariffs. You can be objective, but you have to compare like things.

Why do you think the US is completely insulated from global commodity prices? Are you going to blame @ASHES price increase in Canada on Trump, too?

You're welcome to provide any data you think "reflects tariffs."

 

[Michael Cole]

Why do you think the US is completely insulated from global commodity prices? Are you going to blame @ASHES price increase in Canada on Trump, too?

???

The price of coffee in the US reflects tariffs, which are added to the price you presented, which is a global average.

 

[Airyaman]

After all they are paying the tariffs, not me when I handed over my twenty bucks. Mr. President, thank you.

The only entity making money from this is the federal government.

 

[Taylor]

???

The price of coffee in the US reflects tariffs, which are added to the price you presented, which is a global average.

So, no data. Didn't think so.

 

[aociswundumho]

If it's half and half,

No, it's not half and half. Every man, woman, and child is a consumer. You get the most economic growth when you do what's best for the consumer - that means minimum barriers to entry and maximum competition.

If you want to see what happens when you instead do what's best for the worker, just look at France. No country protects the worker more than France, and the French are dirt poor compared to Americans.

who is the special interest group, the multi, multi millionaires and the billionaires?

 

[Michael Cole]

So, no data. Didn't think so.

I have no clue what you're requesting. Your data reflects global supply. The price of coffee in the US reflects tariffs. My argument doesn't require data.

Showing that global supply has outpaced global demand for a month or two does not refute the fact that tariffs raise the price of goods.

 

[Lovebug]

Don't complain about a few bucks. Fine folks, possibly Elon and Don, drink Civet coffee.
It is only $12 for 0.35 ounces at Walmart.

 

[Taylor]

I have no clue what you're requesting. Your data reflects global supply. The price of coffee in the US reflects tariffs. My argument doesn't require data.

Which is why it's not much of an argument. You have nothing to back up your claim.

 

[ASHES]

Don't complain about a few bucks. Fine folks, possibly Elon and Don, drink Civet coffee.
It is only $12 for 0.35 ounces at Walmart.

That the poop coffee? I will never.

 

[dmpi]

If by "they", you mean foreign countries/companies where the goods we buy are produced, then yes - of course they are complaining.
Trump has upended normal trade around the world, for no reason other than he thinks he can bully the world into submission.
But if they lower prices enough to compensate for the tariff induced increases, they will likely not be profitable at all.
They will ultimately reduce their output or look to grow in other markets.

The stated goal of the trump taxes is to bully companies to invest in manufacturing in the US - the threat being that US consumers will purchase less because of his artificially higher prices.
It's not working. Manufacturing jobs are declining.
Trump has changed his mind and paused or halted or changed tariffs multiple times in a matter of months. That spells UNCERTAINTY.
Few companies will invest large amounts of capital into an unstable and uncertain market.
Many products would simply be too expensive to be made here.

The end result of these stupid policies is higher prices and./or less availability. I think both are likely.
These will hurt the US far more than the rest of the world.
In the process, lots more countries will find us less trustworthy and less stable as a trade partner.
These trade relationships have been built up over decades.
Trump has damaged them greatly in a matter of months, using dubious interpretations of the law.
Trade deficits are not 'emergencies'. They are a normal part of trade.

Trump has no idea what the hell he is doing.
It is still a lie to say other countries are paying the tariffs.

.

There's a lot of false narratives floating around.
1. First one is the consumers will be the only ones to pay for a tariff. The reality is that the cost of tariff will be shared among the exporter county, then importer and the consumer.
2. Tariffs is not a new thing. We always have tariffs between trading counties. All Trump is doing is adjusting the numbers. If people are disrupted and stressed because of change then they need to get out the business world and go plant a garden. Matter of fact your ability to adapt to change is what separates good companies from bad ones.
3. Trump has leverage in tariff negotiations solely because of the huge trade deficit (which some people actually claim don't exist). He's using that to get the best deal for America. Best case scenario is for other counties to build up their consumer class and give America a chance to sell and export.
4. Tariffs collected will provide much needed tax revue taking the pressure off of other tax sources.

 

[craig]

Who will Trump fire when inflation data is updated?

 

[mike2810]

There's a lot of false narratives floating around.
1. First one is the consumers will be the only ones to pay for a tariff. The reality is that the cost of tariff will be shared among the exporter county, then importer and the consumer.

ok. Still does not negate the fact that US consumers may end up paying more products impacted by the new tariffs.

2. Tariffs is not a new thing. We always have tariffs between trading counties. All Trump is doing is adjusting the numbers. If people are disrupted and stressed because of change then they need to get out the business world and go plant a garden. Matter of fact your ability to adapt to change is what separates good companies from bad ones.

True. Tariffs are not a new things. Higher rates would be new.
Not everyone can go out and plant a garden for various reasons

3. Trump has leverage in tariff negotiations solely because of the huge trade deficit (which some people actually claim don't exist). He's using that to get the best deal for America. Best case scenario is for other counties to build up their consumer class and give America a chance to sell and export.

Yes, the US has trade deficits withs some countries. There are reasons for it.

4. Tariffs collected will provide much needed tax revue taking the pressure off of other tax sources.

While the federal government may end up with more revenue the average American will have less money for savings due to increased prices.

 

[Michael Cole]

Which is why it's not much of an argument.

Yes, your argument makes no sense.

You have nothing to back up your claim.

You haven't explained what you're looking for. Because your argument makes no sense.

 

[Queen Margo]

After all they are paying the tariffs, not me when I handed over my twenty bucks. Mr. President, thank you.

No one is making you buy it.

 

[Queen Margo]

it's $17.99

Did you buy it?

 

[The AntiDonald]

Personally my coffee went from $5.99 to $16.99. I’m only drinking it once a week now. I can afford it but it’s out of protest. Probably better for me anyway.

If I recall correctly, a 40oz container of Folgers medium grind coffee was around $11.00 just before Covid. The same can of Folgers today is $19.24, and that's the Walmart price. I can imagine it's likely $23-25 at any high-end grocery store.

Harris Teeter $17.99 for 23oz. I didn't even see a 40oz can.

That's just one bad habit no one needs to pay for.

 

[ASHES]

Did you buy it?

No I didn't need it. I bought it a couple weeks ago for $16.99. If I see it lower than that before I need it again I will buy it, if I run out and it's gone up I will buy the next cheapest thing.

 

[SCrider]

Trump would argue workers are more important than consumers, and if you can't afford $20 then you shouldn't be drinking coffee.

Sound familiar?

What? Trump has never given a **** about workers. Just look at the loooong list of workers he has cheated over the years.

 

[TangoNoCash]

What? Trump has never given a **** about workers. Just look at the loooong list of workers he has cheated over the years.

What do you mean he loves stiffing small businesses?

 

[Grizzly Adams]

After all they are paying the tariffs, not me when I handed over my twenty bucks. Mr. President, thank you.

You buy coffee in a can?

And you pay twenty bucks for it?

Bruh.

 

[Mr Person]

People, people, people...

Get a semi-decent grinder at least and grind whole beans each time make it. It's so much better and hardly any effort.

 

[The AntiDonald]

There's a lot of false narratives floating around.
1. First one is the consumers will be the only ones to pay for a tariff. The reality is that the cost of tariff will be shared among the exporter county, then importer and the consumer.
2. Tariffs is not a new thing. We always have tariffs between trading counties. All Trump is doing is adjusting the numbers. If people are disrupted and stressed because of change then they need to get out the business world and go plant a garden. Matter of fact your ability to adapt to change is what separates good companies from bad ones.
3. Trump has leverage in tariff negotiations solely because of the huge trade deficit (which some people actually claim don't exist). He's using that to get the best deal for America. Best case scenario is for other counties to build up their consumer class and give America a chance to sell and export.
4. Tariffs collected will provide much needed tax revue taking the pressure off of other tax sources.

While most of this may be true, the last one #4 is not true. while it would make sense for it to be true, not in our current situation. The republican congress approved and then got signed into law a $4.5 trillion increase in the debt limit. For any of this to make sense, the US should be using every extra revenue penny to pay down deficit and debt. We're not doing that at all.

Trump's building new ballrooms and re-building half billion-dollar planes for his own use. He's handing out unnecessary tax cuts. He's increasing the pentagon and DHS budgets, just to mention a few spending increases. I would have no problem with paying a little more for the goods I use if the debt was being paid down. It's not.

What exactly is this republican admin. doing to get the US out of debt?

 

[BabaVoss]

There's a lot of false narratives floating around.
1. First one is the consumers will be the only ones to pay for a tariff. The reality is that the cost of tariff will be shared among the exporter county, then importer and the consumer.

That's false. The exporting country does not pay tariffs at all.
The importing company pays the tariffs up front.
Most economists worth their salt will tell you that the majority - of not all - of that cost will be passed to the consumer by way of higher prices.
An exporting company MAY choose to lower their prices in the face of high tariffs, but they may not have the margin to do so.
If they can, they will do so but only as long as they feel they must.
They will look for other markets or ways to reduce the cost - quality usually suffers. Lower profits are never attractive.
So we end up paying more for products that may well be of lower quality. This does not seem like a recipe for success.

2. Tariffs is not a new thing.

Did someone suggest they were?

We always have tariffs between trading counties.

Also not true. We normally have had free trade agreements with many countries, which means that many goods have had zero tariffs.

All Trump is doing is adjusting the numbers.

In extreme, unpredictable, and inconsistent ways. Surely you know it is disingenuous to pretend these extremes are just 'adjustments'.

If people are disrupted and stressed because of change then they need to get out the business world and go plant a garden.

A significant disruption in global trade has a cost. Joke about it if you like.

Matter of fact your ability to adapt to change is what separates good companies from bad ones.

Agreed. Again, did someone suggest otherwise?

3. Trump has leverage in tariff negotiations solely because of the huge trade deficit (which some people actually claim don't exist). He's using that to get the best deal for America. Best case scenario is for other counties to build up their consumer class and give America a chance to sell and export.

There are no real "deals" as of yet. They've had 'framework' discussions, but I have yet to see any detailed descriptions of any trade deals trump has managed to put in place.
American companies are generally free to sell their products in other countries right now, and that has been true for a very long time.

i4. Tariffs collected will provide much needed tax revue taking the pressure off of other tax sources.

Collected from US consumers, primarily, as I note above.
Trump likes to say we are "bringing in" money and are going to be "very rich" as a result, he ls lying.
WE are paying the tariff tax.
That money is already here.
Trump is just collecting more taxes from US consumers.

.

 

[VySky]

I'm about to go to the store. Normally I pay $16.99 for a can of coffee (Folgers dark.) Will see what it is today.

While this might not be the type of dark coffee from Folgers you use, Walmart has 2 10.3 ounce cans for $23.69

Kroger has a single can of the same product $14.99