Tariffs a question from a UK resident.

[Max Headroom]

With the price of Chinese drones and parts more than doubling and no sign of Trump backing down how do American drone pilots see their hobby heading in the future?

 

[DoomMeister]

Build your own drone, provided you can get STM32’s to base them on. Maybe bigger size so they can be powered by fossil fuels since lithium batteries will also be excessively expensive.

 

[msinger]

Doubling or even tripling prices across the board isn’t sustainable, not even for China. That’s why I don’t believe these inflated prices will be in place permanently. It seems likely that a more complex strategy is unfolding behind the scenes.

Change is rarely easy. Most people only see the outcome and don’t consider the struggles and challenges involved in making it happen. As a result, they panic and assume the worst while the transition plays out.

So, I think and hope the future will be bright.

 

[Max Headroom]

He hit us with 10% the rest of Europe were hit with 20% so we dodged a bullet there we are a small country but still imported £111.5 billion worth of goods from the United States last year.

In the four quarters ending Q3 2024, the UK imported £111.5 billion worth of goods from the United States.

 

[Meta4]

It seems likely that a more complex strategy is unfolding behind the scenes.

Strategy ?

 

[FlushVision]

He hit us with 10% the rest of Europe were hit with 20% so we dodged a bullet there we are a small country but still imported £111.5 billion worth of goods from the United States last year.

The rest of Europe is now 10% FYI

 

[mavic3usa]

Whatever is going on now in not sustainable and probably will be done and over with by this summer.....and forgotten. Everything will go back to normal and the strategy is to claim all the old processes were redone and reconfigured and substituted with realistic and productive deal which will now benefit the country and put us on the right track. We'll be able to say we are now winning and prosperity is on the way, you now just have to wait for it to arrive shortly (never). No wonder 1000+ countries were eager to re-negotiate the exact same deal only for you to declare we got a new, better deal because the people will believe it. That's the strategy. No different than NAFTA to USMCA. "We're not getting ripped off any longer."

 

[hank970]

A tariff is a tax levied by an importing nation on goods and commodities produced by an exporting nation. The tax is paid at the port of entry by the importer and is eventually passed down, in whole or in part, through distributors and vendors to the customer who buys the product.

Customers may decide to pay a premium to buy a product, they may choose instead to buy a similar product from a source which isn't taxed, or they may opt to do without the product altogether.

Absurdly high tariffs will eventually be reduced either voluntarily or as a consequence of negotiations. How long is eventually? Probably not too long for a person who wants to buy a non-essential item like a drone, but perhaps far too long for people who can't afford to pay an additional premium for expensive, lifesaving medications or for farmers and the owners of small businesses who lack the cash reserves to weather even temporary losses of income because they lose customers.

My advice: if you reside in the US and already own a drone, take very good care of it. If you don't own a drone and aspire to buy one, either act fast while untaxed inventories still exist or wait until after this madness subsides.

 

[Calson]

The mistake is to think that there is actually conscience thought by knowledgeable people making this arbitrary decisions. Apple bought its loophole and over time other companies will do so just like paying a bribe to an official to be able to do business in their country.

The real impact is the loss of the value of everyone's 401K of 40% of its value and the coming recession that will greatly reduce discretionary income for Americans in the working class.

“There’s class warfare, all right, but it’s my class, the rich class, that’s making war, and we’re winning.” Warren Buffett

 

[Max Headroom]

The rest of Europe is now 10% FYI

This is from the BBC a week ago i haven't seen 10% mentioned elsewhere.

 

[msinger]

Strategy ?

Can you clarify what you're questioning?

And if you're suggesting there's no real strategy and the only goal was to keep tariffs permanently high in both the US and China, then how do you think the average person in either country will be able to afford the prices that will follow? I imagine actually living in one of these countries makes the impact easier to grasp, but I'm open to hearing your thoughts if you have some kind of inside scoop.

 

[Meta4]

And if you're suggesting there's no real strategy and the only goal was to ....

I don't see any evidence of a well thought out strategy and what goals have been suggested are confused and contradictory.

 

[msinger]

I don't see any evidence of a well thought out strategy and what goals have been suggested are confused and contradictory.

I can’t say if any of this is well thought out, as it appears to still be in progress. That said, after living in the US for many years, I can tell you with great confidence that our government never reveals its plans before they're carried out. If you think you've come across detailed plans somewhere, there's a good chance you were drawn into propaganda.

 

[mavic3usa]

Currently, the 20% portion of the tariff on China is for fentanyl. As soon as the number of addictions and deaths from drug use go down in America, then this 20% can be removed or relaxed. Or, if we decide we no longer care about drug overdoses, we can remove it soon. Depends....on which way the wind blows.

 

[Cymruflyer]

So many people who are quick to panic and listen to mainstream news and expect to understand it all. The main stream are only giving one side to make all the tariffs look tragic for the man in the street.

If you had bothered to study tariffs in the past, you would have noticed that it is always gloom and doom each time, at the start, but everything has always settled down after a few months and it all goes back to normal.

I have not spoken to a single person yet who really is aware of what tariffs the USA have been paying to other countries for their goods being sold there. They don't seem to understand that the US has only been imposing percentage amounts that come close to or equal what these other countries have been charging the USA all these years.

India for example, charges 400% tariff on all American cars going into their country. Kentucky Whiskey has a 400% tariff when it goes into Canada for sale. I believe Canada charges the USA 250% tariff on dairy products being sent/sold into Canada. I'm assuming all those reading here have been aware of these tariffs on USA goods being sold abroad/overseas?

 

[Meta4]

If you think you've come across detailed plans somewhere, there's a good chance you were drawn into propaganda.

One doesn't have to come across detailed plans somewhere to make observations and join the dots.
It sounds like you and I wouldn't agree on what constitutes propaganda.

 

[msinger]

It sounds like you and I wouldn't agree on what constitutes propaganda

And that's the problem with propaganda. Those most influenced by it are often completely unaware.

One doesn't have to come across detailed plans somewhere to make observations and join the dots.

Since you're not in the US and aren't experiencing the effects of the government firsthand, where are you getting your information to connect those dots?

 

[Meta4]

And that's the problem with propaganda. Those most influenced by it are often completely unaware.

That's something we can agree on.

 

[mavic3usa]

I'm assuming all those reading here have been aware of these tariffs on USA goods being sold abroad/overseas?

Yeah, we're aware of the facts.

 

[BaldyBoyBilly]

Yeah, we're aware of the facts.

Because we’re economic geniuses