50% Tariffs on Brazil affect Drones

[1gratefulflyingdawg]

Had no idea that Brazil was in the drone supply chain.

Trump's Tariffs on Brazil: A Supply Chain Shock for the Drone Industry

Trump’s 50% tariff on Brazilian imports could disrupt U.S. drone supply chains, raise costs, and impact American drone companies' growth.

dronelife.com

 

[mavic3usa]

In the free market, all of this happens when it's supposed to happen and when and where and how is based mostly on economic principles. It's not always perfect but it's mostly fair and it's mostly predictable and history says it's very productive. In fact, capitalism is the best economic system was have to date.

When central governments get heavily involved and don't stay in their lane, only bad things will happen and nobody wins.

 

[mavic3usa]

Update on who's paying the tariffs:

Jeep maker Stellantis says it will lose $2.7 billion due partly to tariffs

Sales in North America plummeted by 25% in the second quarter, Stellantis said.

abcnews.go.com

 

[AMann]

Update on who's paying the tariffs:

Jeep maker Stellantis says it will lose $2.7 billion due partly to tariffs

Sales in North America plummeted by 25% in the second quarter, Stellantis said.

abcnews.go.com

And worse of all, it’s going to increase the cost of our coffee!

Here's why your cup of coffee may get expensive soon | LiveNOW from FOX

According to the National Coffee Association, an estimated two-thirds of American adults drink coffee each day – and now, it could get more expensive by Aug.1.

www.livenowfox.com

 

[mavic3usa]

If you want to hear a snippet of the argument currently before SCOTUS, watch the short video where the lawyer admits and finally truthfully answers the question "Who pays the tariffs?"

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