GLP-1 tariff wars?

Avery1975

Avery1975

Well-known member
I saw an article saying that there might be a HUGE tariff increase on stuff coming from overseas, potentially as much as doubling the cost on some items. I'm linking the article but basically it suggests tariffs could hit 100% soon. https://apnews.com
 
That's not exactly right. We import a lot of these elements because we don't produce enough here. The tariff is basically a tax on imported goods, which is going to increase the prices of products that use those materials, like phones and electric cars. It's more about pressuring or shielding specific industries.
 
They do make them in India, but it's more expensive than getting them from China, from what I've seen. It's almost the same price as buying from US sources.
 
What I understood was that China would make us get permits, with a bunch of rules and stuff. Trump basically said there's no point in even meeting then, and threatened to add another 100% onto the existing tax... sounds like a response to China's actions. But I'm not a political expert.
 
Yeah, but you're better off just buying from a domestic source considering the prices. You can find some on those India-based websites, and a few places sell prefilled pens and liquid vials.
 
Yeah, you've basically got it. China announced these new export restrictions on certain materials vital for tech, batteries, etc. New rules mean US companies need permits and have to meet certain conditions to import them. So Trump's threat is a reaction to that; it's a back-and-forth thing.

The problem is tariffs don't just affect China; they increase expenses for US manufacturers who need those materials, which leads to higher costs and market instability. That's probably what's affecting your investments. It's a standoff where both sides are trying to get an advantage, causing uncertainty for everyone.
 
The depressing part is I'm planning to move overseas, but I'm worried I won't be able to if Trump keeps messing with the economy. I might lose my retirement savings because I can't withdraw without huge penalties until mid-2026. My dream of retiring at 60 might be gone if he keeps upsetting other countries.
 
I've been diversifying my investments to include non-US markets since the start of the year. Intentional or not, our economic policies have been unpredictable, and economies don't like that. (Note: This isn't my profession.)

Getting back to the main topic: how might this affect our US-based suppliers if these tariffs increase? Will my US-warehoused seller double their prices? And what about commercial costs? They're already marked up a ton, will this be an excuse to increase them even more? Buyers are already tight on funds; will brands give them a break? I doubt it.
 
India doesn't need to make peptides. They just have to ship them. To avoid scrutiny, it's better for the Indian vendor to sound like a real Indian and pretend the peptides are made there.
 
Assuming your retirement funds are in a tax-deferred account, look into your options for investing outside the US. Also, with stocks so high right now, consider investing more in bonds. I've recently adjusted my portfolio to include more international investments and bonds. Don't go too far with either, though. Predicting the market is risky. Historically, stocks outperform bonds. But diversification is key to minimize losses if things go south.
 
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