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Economy

gab13by13

(28,220 posts)

14. Everyone I listened to said the tariff was 30% also.

Reply to progree (Reply #12)

Thu May 15, 2025, 09:40 AM

May 15

Chinese ships take time to sail to the US and I think it was around May 10th that the last 30% tariffed ship arrived here. Most of the 145% tariffed Chinese ships never left China.

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US wholesale prices unexpectedly drop 0.5% in April [View all] progree May 15 OP

You see that word "unexpectantly" is what makes me wonder gab13by13 May 15 #1

Yup. The MarketWatch calendar's group of economists were predicting +0.3% in April for both the regular and core progree May 15 #3

I think reflex cynicism is as bad as reflex credulity. Both should be avoided Bernardo de La Paz May 15 #4

This is very good news for the regime -- wholesale prices dropping by 0.5% in April progree May 15 #6

Prices going down is deflationary. That is NOT good. Case of "careful what you wish for". Bernardo de La Paz May 15 #7

Not what I heard the head of the LA port say yesterday, gab13by13 May 15 #10

He said there "might" be a rush to stock up. Tariffs on most Chinese stuff is 50% (20% pre-existing + 30% tRump) Bernardo de La Paz May 15 #11

Everything I read is that the tariffs on most Chinese goods is 30% -- the 10% universal tariff plus 20% as a sanction progree May 15 #12

Everyone I listened to said the tariff was 30% also. gab13by13 May 15 #14

The PPI is quite volatile (edited) progree May 15 #13

Core PPI ex food&energy is down 0.4%, is it not? Month on month. Annualized it is up 3.1%, which is less than 4.0% March Bernardo de La Paz May 15 #15

I'm getting my Core PPI wo food & energy from Table A "Less Foods and Energy" progree May 15 #16

Very interesting to see the Jan-Apr month to month. Had not seen that together before. Thanks! . . . . nt Bernardo de La Paz May 15 #2

I'm glad you found it helpful 😊 progree May 15 #5

This also helps Krasnov push Powell gab13by13 May 15 #8

"This also helps Krasnov push Powell to cut interest rates." - for sure /nt progree May 15 #9