Lone Candle
Champion of Truth
“U.S. egg prices increased again last month to reach a new record-high of $6.23 per dozen despite President Donald Trump’s predictions, a drop in wholesale prices and no egg farms having bird flu outbreaks.”
https://finance.yahoo.com/news/egg-prices-continue-increase-despite-124116007.html
“Wednesday’s announcement elevated tariffs on three of America’s five largest agricultural trading partners—China (34 percent), the European Union (20 percent), and Japan (24 percent). Mexico and Canada, which are America’s two largest trading partners, were exempt from the list but have faced 25 percent duties on certain products since March.
Together, these five markets account for more than 60 percent of American agricultural exports and retaliatory tariffs have already been enacted by some. China has implemented a 10 percent to 15 percent tariff on American soybeans, cotton, pork, and poultry. In March, Canada announced retaliatory tariffs on a number of American goods, including $5.8 billion worth of agricultural products. The European Union, meanwhile, is considering a suite of tariffs that will impact the agricultural sector.
As these tariffs make it harder for American farmers to access foreign markets, thus decreasing revenue, they could also increase production costs and the price of fertilizer, which is one of the largest expenses involved in farming. Imports of the three most commonly used nutrients in fertilizers—potassium (potash), nitrogen, and phosphorus—topped $10 billion in 2023, $5 billion of which came from Canada. Potash, which “is an irreplaceable component of modern agricultural production,” according to the Fertilizer Institute, is sourced predominantly from Canada. Nitrogen, meanwhile, is imported mainly from Canada (the country meets 10 percent of American nitrogen needs), Russia, and Trinidad and Tobago (10 percent tariff).”
…
“The damage that this policy will cause is not lost on the Trump administration. On Monday, Agriculture Secretary Brooke Rollins told the Des Moines Register that her agency is ready to make farmers affected by tariffs “whole” through cash assistance programs. Under the first Trump administration, the Agriculture Department also hedged against its poor trade policy by issuing $28 billion in bailouts to farmers.
Monetary compensation may provide farmers a reprieve, but it will be at the expense of taxpayers, who are going to have to pay more for their favorite products because of Trump’s trade war.”
https://reason.com/2025/04/03/how-trumps-new-tariffs-will-make-farming-and-food-more-expensive/
Trump Is Making Affordable Goods Expensive
https://reason.com/2025/04/04/trump-is-making-affordable-goods-expensive/
The stock market fall and the inflation from tariffs damage retirements and show the importance of Social Security.
These tariffs aren’t part of a total strategy to bring key industries back to the United States. They are vindictive and nonsensical.
https://www.youtube.com/watch?v=IaAdYSrYQdk
“Inflation climbed in February as consumers braced for the potential onslaught of higher prices from President Donald Trump’s sweeping tariffs on U.S. trading partners.
The Commerce Department reported Friday that prices rose at a higher-than-expected annual rate of 2.8 percent last month, excluding food and energy items, a signal that prices could spike even further in the coming months.”
https://www.politico.com/news/2025/03/28/stagflation-risk-inflation-trump-economy-tariffs-00256500
“It’s important for the new administration to understand that controlling inflation requires more than Federal Reserve action. It demands fiscal discipline. That means difficult choices that politicians typically avoid. Federal spending must be curtailed, particularly in entitlement programs. Tax revenues must be made stable and predictable. Most importantly, the administration must reject new spending, regardless of the apparent merits. Finally, more tax revenue through more growth—made possible by the improved tax system and deregulation—would help.
Continuing to ignore fiscal-monetary interactions and hoping inflation will mysteriously moderate risks a crisis that could dwarf any challenges we face today. Fiscal responsibility isn’t just about balancing books; it’s about maintaining the stability of the dollar and the prosperity of the American people. History tells us that the longer we wait, the more costly the eventual solution becomes.”
https://reason.com/2025/01/16/the-way-out-of-our-inflation-mess/
An immediate impact of tariffs is increased prices. Paying more means less money for other purchases and investments. Less purchases and investments means a smaller economy than there otherwise would be. A smaller economy means less wealth and jobs for most people.
https://www.youtube.com/watch?v=dQNMksYweWU
Fox Host throws TANTRUM when car dealer says Trump tariffs will CRUSH him
https://www.youtube.com/watch?v=5jlHejcVeCg
Russia is suffering from a deep deficit, high inflation, and high interest rates due to sustaining their invasion.
Russia is hurting and could decide that the war is not worth it if Ukraine had consistent backing.
https://www.youtube.com/watch?v=kse-o0Oz2AI
“Trump talked repeatedly about runaway grocery prices during the campaign, pledging that if elected, paying over $4 for a carton of eggs would be a thing of the past. “When I win, I will immediately bring prices down, starting on Day 1,” he pledged. But after