Canada, Mexico, The UK and Ireland

[mark46]

It seems that Trump is willing to negotiate with Canada, Mexico, the UK and Ireland. The tariffs on steel, aluminum and auto parts, and the base 10% tariff are likely to stay. For example, drug companies in Ireland seem ready to absorb the tariffs and not raise prices this year. We import more drugs from Ireland than from any other country. Also, the drug companies are definitely planning to move some production facilities to the US.
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There is almost no reasonable scenario where there are not significant increases in prices on imported goods. Electronics should be most notable as well as energy in the North (much of which comes from Canada).
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As a side issue, Japan tried to do what Trump is doing a couple of decades ago. Tariffs were oin place on almost everything. There was NO increase in the number of manufacturing jobs.

What will be interesting will be how long it takes before the administration realizes that with unemployment so low, there is a worker shortage even now, before the tariffs.

 

[loveofourlord]

I don't think anyone should eat the tariffs other then americans,

 

[Richard T]

I think the imports from Ireland are name brand expensive drugs, while the imports from India are cheap generics. So for everyday Americans, many who rarely use name brands, (Including the new weight loss drugs) are going to get hurt more from the tariffs.

 

[mark46]

I think the imports from Ireland are name brand expensive drugs, while the imports from India are cheap generics. So for everyday Americans, many who rarely use name brands, (Including the new weight loss drugs) are going to get hurt more from the tariffs.

Companies in Ireland seem to be cooperating and no increasng prices for the rest of the year. They can do thi because the profit margins are huge.