As I expected from the start and posted many times about it, tariffs have been used as a negotiating tool — not an end in themselves.
And now, it’s all starting to fall into place.
President Trump and European Commission President Ursula von der Leyen announced that the U.S. and EU have agreed on the framework of a trade deal, following negotiations in Scotland on Sunday. Trump called it “the biggest of them all,” while von der Leyen confirmed that the EU agreed to 15% tariffs across the board.
The principle is simple: you have to pay if you want to play — just like paying fees to Amazon or Apple when you want to sell on their platforms. Access has a cost.
I told you months ago — focus on investing and stop scaring the kids.
All the fear-based talk does nothing but distract people from what actually works.
Comments
there is no 3rd-party vetting of any 'signed' contracts, the majority of which have been to have further talks. call me skeptical on either side trusting the other to comply...trump broke his own prior nafta agreement.
the revenue reported is mostly via logistics providers able to somewhat encode all the changes and carve-outs. the estimate of 'stable' tariffs is ~5-10X, and you can pretend that has no impact because all forecasters are wrong.
google 'things that flow downhill'
https://www.mutualfundobserver.com/discuss/discussion/comment/195531/#Comment_195531
https://archive.li/jWVV3#selection-2189.0-2189.78
https://www.cnbc.com/2025/07/17/trump-tariffs-affect-walmart-prices.html
@Mona, importing companies can either absorb the added tariffs (impact their earning) or pass them to the consumers). History has shown the consumers paid the tariffs. Thus, higher price goods lead to increased inflation.
I may consider some equity sales. Watching carefully.
UPS and whirlpool down 16% in 5 days. Other companies reporting how badly tariffs will hurt their businesses.https://www.cnbc.com/2025/07/30/stanley-black-decker-conagra-trump-tariffs-cost-increases.html?&qsearchterm=black and decker
"Those pressures extend throughout the auto industry. General Motors
said earnings before interest and taxes in the latest quarter suffered a $1.1 billion hit that the Detroit-based automaker chalked up to the net effect of tariffs."
"Also on Tuesday, Proctor & Gamble gave 2026 financial guidance showing $1 billion in higher pretax costs as a result of tariffs on goods from China, Canada and the rest of the world."
There are a lot more where that comes from, just a sampling.