A statement on Tariffs from Francis Francesco, JR (used with permission)

Excellent Tariff Breakdown

Trump knows what he’s doing!

"So by now you probably heard everything under the sun on what these tariffs are doing to the stock market. But when Trump was asked today, point blank, about the stock market, he shrugged and smiled and said, 'It's working.'

Now, if you know, you know. Allow me to break this down. Revenues from the S&P 500 are 41% foreign-based. That's huge. So when you're looking at multinational companies that are going to be hit with this tariff, they're scrambling.

Let's just take Nike, for example, because they're a huge multinational company. Nike's stock is not doing well. Now, the only thing that the shareholders and the CEO of Nike are concerned about is, obviously, their stock. Now, if Nike was to stay competitive in the U.S. market with these tariffs, do you really think they're going to increase their prices 25% to the consumer? That would be asinine.

Why? Well, if they increase their prices 25% to the consumer, people won't be buying Nikes nearly as much as they did. And if they don't buy Nikes as much as they did, with their stock value plummeting, they're screwed.

So what will Nike do? First of all, they're not going to pass on all of the tariffs to the consumer. They will absorb a lot of these tariffs. Second, they can't avoid these tariffs; they have no choice but to bring that manufacturing back to the United States.

Now, where's the evidence of this? Well, Ford is already doing this. So is Toyota. Ford is offering employee pricing to every car. Employee pricing is like 10 to 20% cheaper than the invoice pricing. Toyota right now is doing a massive, massive social media campaign to let the consumer know which cars in their brand are made in the United States so they can sell more cars.

You see, when you think like a corporation, you understand what's going on. Right now, a lot of this fear is coming from the countries to where these corporations have homes. These countries do not want these companies to move. The only way to hurt a mega-corporation is to hit them in the pocket.

Now, to the bleeding-heart liberal, this should be good news because this is the best way to stick it to the corporations. Back to Nike, if you're Nike and you're getting hit with 25% tariffs and you still need to be competitive in the U.S. market, the last thing you will do is raise your prices on these Air Jordans or any type of sneaker. If you did so, your stock would plummet even more.

This was the only way to get the manufacturing back into the United States, and it's already happening. You see, the smart companies have already jumped ship and came to the U.S.: Microsoft, Apple, Toyota, Honda, just to name a few.

Hyundai, in my opinion, was the smartest of them all. During the first Trump term, when he was talking about tariffs, Hyundai already invested in a plant, and it just opened. You see, the only way to get these corporations back into the United States is to punch them in the gut. And this is exactly what's happening with the stock market.

The stock market is reflecting the punch to the gut to every single mega-corporation that is operating in foreign lands but are registered in the United States. These companies have no choice but to come back to the United States; otherwise, they will price themselves out of the market. So when I see the stock market tumbling as it is now, it's working."