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GoneFishin
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Subject: |
Thanks Trump
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Date:
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9/22/2018 8:23:10 PM
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Thanks to Trump, construction costs to rebuild after Florence will rise leading to more insurance payouts and increased insurance rates.
WalMart and Target have indicated higher prices for bikes and other toys from China. Again, thanks Trump from the kids who won't get a bike for Xmas...
"When the floodwaters from Hurricane Florence recede and rebuilding kicks into high gear, homeowners and businesses will face an additional burden as tariffs imposed by the Trump administration drive up the cost of construction materials.
Homebuilders and contractors say the administration’s trade policy will add to the price increases that usually follow natural disasters. In addition to materials like lumber, steel and aluminum, the United States will impose tariffs on $200 billion in Chinese imports next week, including countertops, furniture and gypsum, a key ingredient in drywall. All told, some builders estimate that construction costs could be 20 to 30 percent higher than they would have been without these tariffs."
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