General Discussion

OAITW r.2.0

(29,903 posts)

28. That's reality folks.

Thu Apr 3, 2025, 08:55 PM

Apr 3

Last edited Thu Apr 3, 2025, 10:46 PM - Edit history (1)

My business will probably go dormant. I rep a 1/2 dozen aluminum extruders and diecasters in India. Trump is hitting india hard with whatwe believe amounts to be a 50% tariff on these products from India.

Who wins? Russia! Trump will probably grant Putin MFN trading status with the USA. Who is gonna stop him?

So my key customers are freaking out. There's a bidding war for US limited extruding capacity right now....US producer prices are going up, up, up! And guess what....what business, in their right mind, will invest in $100-250MM plants to produce more capacity with these low tech, dirty, low-paying jobs?. Hey, where is the labor going to come from? Kicking immigrants out means we'll be seeing Republicans reduce the child labor age. They will have to; in order to support mom and dad.

Who loses? We do. This is how we regress under Republican Fundamentalism.

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BlueKota 58Sunliner CaliforniaPeggy

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My sister bought a Chevy Blazer today. [View all] BlueKota Apr 3 OP

i thought new car prices were gonna plunge thanks to tariffs....lol nt msongs Apr 3 #1

Nope and the used ones BlueKota Apr 3 #11

Depends on who you're listening to. dchill Apr 3 #12

And gas was going to be $1/gallon, and... COL Mustard Apr 3 #26

First I ever heard of give a car dealer a SS number. Historic NY Apr 3 #2

Yes. underpants Apr 3 #5

I will not be financing so they will never get mine at a car dealer 😁 Meowmee Apr 3 #7

As long as you... Chemical Bill Apr 3 #25

Yes probably but they don't have my bank accounts because Meowmee Apr 3 #44

My friend mailed a paper check to the IRS last week central scrutinizer Apr 4 #48

Yes me too Meowmee Apr 4 #50

We opened a separate account for direct deposits. n/t Chemical Bill Apr 4 #53

That is what we will do and not attached to the other accounts. Meowmee Apr 4 #54

I think you also have to give it when checks BlueKota Apr 3 #8

You are correct dflprincess Apr 3 #16

They also need it for certain cash or cash and check transactions. For IRS reporting Hassin Bin Sober Apr 4 #52

They required mine when I paid cash for a car iemanja Apr 3 #34

I would have told him no on the SS. Take it or leave it. Bengus81 Apr 3 #3

I agree. It's ridiculous. About a month ago, I went to my bank... Mark.b2 Apr 3 #10

Heh, over $10k means exactly $10k is under the limit. eggplant Apr 3 #18

Dang! I could have gotten one more dollar. Mark.b2 Apr 3 #20

Not sure, but DENVERPOPS Apr 3 #31

They are definitely supposed to report people who try to skirt the rules. eggplant Apr 3 #32

Drug dealers Magilla Apr 3 #38

As I understand it, the $10k limit for withdrawl was a bank policy to protect... Mark.b2 Apr 3 #36

The Bank Secrecy Act Cirsium Apr 4 #51

Years ago Magilla Apr 3 #37

Still probably was reported to the IRS even though it was $9,999 MichMan Apr 3 #29

I was just an old man wanting to buy a new tractor... Mark.b2 Apr 3 #39

You showed her ! MichMan Apr 3 #41

Good to know. Thanks! Mark.b2 Apr 3 #42

What's funny is that we live in a rural area, so people buying tractors happens regularly. MichMan Apr 3 #43

So what does the bank do if they say a celebrity needs money, refuse to give them their own money? Meowmee Apr 4 #45

They counsel them that they are being scammed, but can't ultimately refuse them MichMan Apr 4 #46

That's been the law for ages. iemanja Apr 3 #35

Know Your Customer laws radius777 Apr 4 #47

I've never had any issues with my credit union central scrutinizer Apr 4 #49

It's permeating underpants Apr 3 #4

Definitely BlueKota Apr 3 #15

Yep, wish I had bought my car in September before the election or even January before Meowmee Apr 3 #6

It just sucks that we are all going to pay because BlueKota Apr 3 #14

Really glad your sis got in under the wire. Funny about the salesman & his coffee! Hekate Apr 3 #9

Thank you. She's been really nervous about it. BlueKota Apr 3 #13

Thine GM should be an EV. the Equinox / EUV wow. swampthingdc Apr 3 #17

Welcome to DU ... aggiesal Apr 3 #23

It used to say NOT FOR IDENTIFICATION on the Emile Apr 3 #19

I'm not giving my social security number to buy a car. That is all n/t aggiesal Apr 3 #21

Chevy Blazer is made in Mexico and China of Chinese parts IronLionZion Apr 3 #22

The Traverse was what she just traded in. BlueKota Apr 3 #33

Gonna be a least a decade before I look at cars. roamer65 Apr 3 #24

Got my Chevy Trax DownriverDem Apr 3 #27

If there were tariffs coming, it would have been made in South Korea MichMan Apr 3 #30

That's reality folks. OAITW r.2.0 Apr 3 #28

The only people who need your SSN is your work and the IRS. Mosby Apr 3 #40