[tomder55]

Remember when inflation became an issue ? It was said it was "transitory " due to supply chain issues related to covid disruptions that led to shortages ? That was partly true. It was exasperated by Fed policy and the administration .

Be prepared for a return to supply chain shortages within a couple of months .

“It's my prediction that in 2 weeks' time, arrivals will drop by 35%, as essentially all shipments out of China for major retailers and manufacturers have ceased,” Executive Director Gene Seroka told KNX News.
Seroka said many large importers have “hit the pause button on cargo from China” because they don't want to pay the tariffs.
He said retailers have about a six-to eight-week supply of goods on hand, “but that will quickly dry up” and customers will begin to see those changes on store shelves.

‘Essentially all shipments’ from China cease at Port of L.A.

Store shelves will begin to empty just as the summer push for things like school supplies hits and retailers prepare to stock up for the winter holiday season.

Trump's 104% China tariff worries Christmas decoration makers, importers | ABS-CBN News

Forget Christmas . Rare earth magnet production is almost totally made in China.

China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world.Shipments of the magnets, essential for assembling everything from cars and drones to robots and missiles, have been halted at many Chinese ports while the Chinese government drafts a new regulatory system. Once in place, the new system could permanently prevent supplies from reaching certain companies, including American military contractors.

China Halts Critical Rare Earth Exports as Trade War Intensifies - The New York Times

I totally agree with Trump that China is a major trade bad actor and cheats ;hits the US with unequal restrictions ,dumps products to undercut competition ,and steals intellectual property as policy.

I even sorta agree with his complaints about the EU although those issues could be resolved amicably . His attacks on Canada and Mexico made zero sense because he negotiated the deals with those nations and ideally they are a part of the solution .

His correct move should've been strengthening US trade relations with the rest of the world ESPECIALLY Canada and Mexico ;to isolate China. There are plenty of nations that would've been more than happy to take up the share China has. Instead he waged trade war with the whole world ;and we are soon going to see the consequences.

[tomder55]

Trump made light of impending empty shelves . He dismissed the concerns about Christmas .

“You know, somebody said, ‘Oh, the shelves are going to be empty’. Well, maybe the children will have two dolls instead of 30 and maybe the two dolls will cost a couple of bucks more than they would normally.”

Most people do not give 30 gifts . What world is that from? He's beginning to sound like a pampered entitled lib.

The impact will be felt long before Christmas and yes parents and children will be seeing shortages and price increases just about the time parents have to shell out $$$ to purchase clothing and school supplies.

Go ahead keep mocking and dismissing the concerns .