Tariffs and Tobacco Prices

[Living Luggage]

I'm just thinking out loud , and wondering if we'll be seeing an increase in prices, now that it looks like we're entering a tit for tat trade war? I don't see how tobacco, coming from overseas, will escape taking a hit.

 

[VDL_Piper]

I imagine it will be hit for sure.

 

[FLDRD]

"We" is vague since WE don't know where you are, and if WE are THERE with you or not......
But you could mean EVERYONE...
Many of us are still hoping that quite a bit of this is posturing.
But, we all may be affected.
Tariffs are just another tax on the people and only the government coffers enjoy the spoils.

 

[Snook]

Just another of many reasons to stockpile what you can now.

 

[mikethompson]

Tariffs are just another tax on the people and only the government coffers enjoy the spoils

Ding ding ding

A lot of people still don't know how that works.

 

[Richmond B. Funkenhouser]

If these countries get tariffs, they had it coming for a long time.

The whole idea that this a tax on the people who put the tariff only works if the country who was tariffed has something to offer.

Certain countries don't have anything to offer.

You don't have the cards.

 

[Living Luggage]

"We" is vague since WE don't know where you are, and if WE are THERE with you or not......
But you could mean EVERYONE...
Many of us are still hoping that quite a bit of this is posturing.
But, we all may be affected.
Tariffs are just another tax on the people and only the government coffers enjoy the spoils.

We, can be the royal We, because in this case it'll probably affect most of the world. I just keep on buying what I can, when I can, because I don't anticipate the world becoming a more warm and fuzzy place anytime soon.

 

[mikethompson]

If these countries get tariffs, they had it coming for a long time.

The whole idea that this a tax on the people who put the tariff only works if the country who was tariffed has something to offer.

Certain countries don't have anything to offer.

You don't have the cards.

If they have nothing to offer, why tariff anything?

 

[Richmond B. Funkenhouser]

If they have nothing to offer, why tariff anything?

To help them have something to offer.

Or to adjust the behavior of said country.

 

[sablebrush52]

I'm just thinking out loud , and wondering if we'll be seeing an increase in prices, now that it looks like we're entering a tit for tat trade war? I don't see how tobacco, coming from overseas, will escape taking a hit.

Tariffs are a tax on imported goods, sometimes broad some times targeted, which are paid by the companies doing the importing and then passed on to the consumer. They are a regular part of US economic activity. Check out the "chicken" tax and how it's used to increase the price of foreign made pick up trucks.

If imported tobacco is subject to a tariff, the price will go up accordingly.

 

[Living Luggage]

I would expect the raw unprocessed commodity to be classified differently than the processed and packaged blends.

 

[Briar Lee]

If these countries get tariffs, they had it coming for a long time.

The whole idea that this a tax on the people who put the tariff only works if the country who was tariffed has something to offer.

Certain countries don't have anything to offer.

You don't have the cards.

So long as they don’t tariff products from Kinston North Carolina I suppose I’m safe—-for now.

But right now North Carolina is the Pre Embargo Cuba, of the finest type of Old Belt bright leaf, for domestic use and export.

 

[Richmond B. Funkenhouser]

So long as they don’t tariff products from Kinston North Carolina I suppose I’m safe—-for now.

But right now North Carolina is the Pre Embargo Cuba, of the finest type of Old Belt bright leaf.

How much of that Bouy Gold is imported tobacco though?

 

[Briar Lee]

How much of that Bouy Gold is imported tobacco though?

0%

Unless you count Kentucky and maybe Maryland.

 

[admin]

IBTL