PRICED OUTTA SIGHT...

[5030]

With the Trump imposed 100% tarriff, I wonder how marketable the Mahindra tractors will be?

 

[Gator6x4]

With the Trump imposed 100% tarriff, I wonder how marketable the Mahindra tractors will be?

Don't just say Mahindra, say all tractors and farm implements.

Even John Deere will only say 75% of their tractors are produced in the US. I am sure they contain a bunch of foreign made parts though.

There isn't a single, precise percentage for the total number of tractors made in the US, as the figure varies significantly by manufacturer, model, and the global sourcing of parts, but major brands like John Deere produce a large proportion of their machines domestically. For example, John Deere states over 75% of the products they sell are built in their U.S. factories.

The primary countries exporting farm implements and related "Other Agricultural Machinery" to the U.S. are Canada, Italy, Germany, and the Netherlands, with China and Japan also being significant suppliers of agricultural machinery. Mexico is a major supplier of agricultural products overall, but its specific contribution to farm implement exports is not detailed in the same way as the other countries.

 

[orezok]

Well an appeals court voted 7 to 4 noting the the LAW (which some people believe doesn’t apply to them) makes tariff is strictly a function of Congress, NOT the president.

 

[Paystar]

My dealer is both a high volume John Deere and Kubota dealer. Owner told me John Deere won't even send them any tractors here to Canada. They have a whole bunch of orders from customers and can't get machines. So most of them bought Kubota's.
Don't know what Deere's logic is, but it was nice of them to hand a whole bunch of sales to Kubota, LOL

 

[tacticalturnip]

The world sure is right now.

 

[Tinhack]

Well an appeals court voted 7 to 4 noting the the LAW (which some people believe doesn’t apply to them) makes tariff is strictly a function of Congress, NOT the president.

• Delegation by Congress:
  The Constitution gives Congress the power to set tariffs, but Congress has passed laws that transfer some of this authority to the executive branch.
  
  
• Specific Laws:
  Presidents can use laws such as:
  • Section 232 of the Trade Expansion Act of 1962: Allows the president to impose tariffs on imports that threaten national security.
    
    
  • Section 350 of the Reciprocal Trade Agreements Act of 1934: Authorizes the president to negotiate trade agreements and change tariff rates up to a certain percentage.
    
    
  • Other Trade Acts: Various other trade acts, such as the Trade Act of 1974 and the Omnibus Trade and Competitiveness Act of 1988, have granted the president the ability to proclaim changes to tariff rates.

 

[Gator6x4]

• Delegation by Congress:
  The Constitution gives Congress the power to set tariffs, but Congress has passed laws that transfer some of this authority to the executive branch.
  
  
• Specific Laws:
  Presidents can use laws such as:
  • Section 232 of the Trade Expansion Act of 1962: Allows the president to impose tariffs on imports that threaten national security.
    
    
  • Section 350 of the Reciprocal Trade Agreements Act of 1934: Authorizes the president to negotiate trade agreements and change tariff rates up to a certain percentage.
    
    
  • Other Trade Acts: Various other trade acts, such as the Trade Act of 1974 and the Omnibus Trade and Competitiveness Act of 1988, have granted the president the ability to proclaim changes to tariff rates.

What you say is true. But Congress did not convey it’s Constitutional authority to the Office of the President.

Google Search

 

[Gator6x4]

Oops just as Trump and the Trumpers were really working hard to gin up the narrative the Democrats were responsible for Epstein a member of DOJ turned the light on. No doubt in my mind he is history by now.

DOJ Posts Embarrassing Apology Over Official Caught in Honeypot Trap

The undercover sting came amid the ongoing firestorm over Jeffrey Epstein.

www.thedailybeast.com

 

[ultrarunner]

My understanding is the tariffs are assigned on the value of the components imported.

Someone in the electronic business told me the tariff is on his cost and not profit…

The cost of a component might be as low as 20% of the selling price…

Of course item with smaller markups will see a greater impact.

 

[Gator6x4]

My understanding is the tariffs are assigned on the value of the components imported.

Someone in the electronic business told me the tariff is on his cost and not profit…

The cost of a component might be as low as 20% of the selling price…

Of course item with smaller markups will see a greater impact.

Tariffs are levied at the port of entry based on the value of the product. Tariffs are not levied after the sale is made and the importing business reports the sale.

Don’t believe the lies told by Trump. Tariffs are a hidden tax that consumers are paying.

“In the U.S., tariffs are levied and collected by Customs and Border Protection (CBP) at the port of entry, with the immediate cost falling on American importers
. The process involves the importer or their customs broker filing entry documents, after which CBP assesses the tariffs and other fees.

How tariffs are assessed

1. Importers declare their goods: The "importer of record" is responsible for self-classifying their goods according to the Harmonized Tariff Schedule of the United States (HTSUS). The HTSUS provides specific tariff rates based on the type of product and its country of origin.
2. CBP enforces regulations: CBP reviews the import documents and may perform random audits to ensure the correct classification and value of the goods. This helps prevent fraud and evasion of the tariffs.
3. Special rules for specific actions:
   • Anti-circumvention measures: Goods that appear to be routed through a third country to avoid higher tariffs (a process known as "transshipment") can face penalties.
   • Suspension of de minimis exemption: As of August 2025, the Trump administration ended the de minimis exemption for most parcels. This means that packages valued at $800 or less that were previously exempt from duties are now subject to tariffs, unless they are shipped through the postal system.
4. • Specialized tariffs and fees: Some policies, like the potential port fees on Chinese vessels, are designed to target specific actions or industries beyond the standard tariff structure.

Who pays the tariffs
Despite political claims that tariffs are paid by the exporting nation, the tariffs are paid directly to the U.S. Treasury by the American importing company or their customs broker. The money is collected during the customs clearance process.
The economic burden of the tariff cost is often distributed in several ways:

• Passed on to consumers: Importers can raise the prices of their imported goods to offset the higher cost of the tariff, ultimately passing the cost to American consumers.
• Absorbed by the importer: An importing company might choose to absorb some or all of the tariff cost, taking a hit to its profit margins instead of raising prices.
• Shared with the exporter: The U.S. importer and the foreign exporter may negotiate to share the financial burden, with the exporter agreeing to lower their price to help absorb the increased duty.

How tariffs are paid

• Importers often use the government's electronic payment system to automatically deduct the tariff amount from a designated bank account.
• Alternatively, importers may choose to pay their tariffs on a monthly basis. “