How Tariffs May Affect Eye Care

How Tariffs May Affect Eye Care
By Gretchyn M. Bailey, NCLC, FAAO


With the recent change in US leadership, tariffs have become part of day-to-day conversation. A tariff is a tax placed on goods entering or leaving a country by that country’s government.

For many, tariffs belong in macro economic discussions. However, tariffs have the potential to do more than affect multinational companies—effects from tariffs are likely to affect small independent businesses and ordinary people, such as optometrists and their patients.

At Vision Expo East in Orlando last week, in coordination with The Vision Council, attorney F.D. “Rick” Van Arnam, Jr., a partner at Barnes, Richardson & Colburn in New York, discussed how tariffs may affect eye care and outlined how today’s looming tariffs first became part of the landscape.

Tariff origins
In 2018, the Office of the United States Trade Representative opened a Section 301 investigation on intellectual property misappropriation by China that officials believe were adverse to US interests. Specifically, American companies were required to release proprietary technology to Chinese business partners as a prerequisite to the US company manufacturing or distributing in China.

Under Section 301 of the law, the federal government is able to take remedial steps to correct such bad actions. Therefore, a 25% tariff was assessed on merchandise made in China. At the time, the tariff was limited to products negatively affected by the Chinese bad actions, such as machinery. However, many more products were added to the tariff list.

China retaliated by enacting its own 25% tariff on US agriculture, of which China was a big consumer. China also identified other products that were subject to additional tariffs.

In return, the US created an additional tariff of 7.5% on a broader list of products—on top of the already established 2.5% duty on many imported items. That additional tariff increased duty on Chinese goods to 10%.

Note that a Court of Appeals case is challenging Section 301 tariffs. The case will likely be decided in the next few months, and the decision is likely to be appealed to the Supreme Court.

Eye care involvement
Eye care was affected by the additional tariffs by the involvement of things like spectacle lenses, plano sunglasses, over-the-counter (OTC) readers, low vision equipment, and lens finishing equipment.

However, companies were able to petition for relief—or exclusion—from Section 301 tariffs. If one company was granted exclusion, all other companies with similar products were also granted exclusion. For about a year, exclusions were issued for spectacle frames and reading glasses. Those exclusions ended in 2020, and attempts to renew them were not successful.

In February 2025, an additional 10% duty was announced for any Chinese origin product.

Says Van Arnam: “That 10% the eyewear company is paying to import those plastic spectacle frames from China just jumped to 20%. The same frame, if you bought it today from say Vietnam, would be a 2.5% duty; it is now 20% if it's coming from China. China is the biggest by far producer of of optical products, particularly frames.”

Mexico and Canada tariffs
Also in February 2025, a 25% tariff was announced for products coming from Mexico and Canada. This tariff was framed as action taken against the countries for allowing fentanyl and illegal immigrants into the US.

Says Van Arnam: “This was a huge deal because Mexico and Canada are two of our largest trading partners. “They are are border allies and historically have had good relations with the United States. “We have free trade agreements with both of them, which allow the vast majority of products that are made in Canada and Mexico to come into the United States free of duty and for products that are made in the United States to go into Canada and Mexico free of duty.”

Due to both Canada and Mexico making overtures to remedy the problems identified by the US, tariff enforcement was paused for 30 days. That 30-day period expires on March 4.

“Some companies in the eyecare industry who weren’t affected by the China trade were panicking because they would now be impacted by Canadian or Mexican trade,” says Van Arnam. “There is a lot of cross-border trade. You might have a lens processing facility on the Mexican side of the border with lenses sent over for processing and brought back into the United States for distribution.”

He wonders how the US will measure success for the remedies proposed by both countries.

“What metric do you use to measure fewer immigrants coming in or less fentanyl coming across the border?” he says.

Aluminum and steel
Within the past two weeks, a 25% tariff on raw aluminum and steel (and their derivative products) was announced. Most manufacturers in the eyecare space use both metals in their production, from frames to equipment.

Says Van Arnam: “These costs will ripple through the supply chain because I don’t believe any company will be big enough to absorb the cost and say it’s all on us.”

The additional duty will eventually end up in the cost of goods everywhere, including eye care. Van Arnam foresees challenges in the future because costs may not necessarily be passed onto patients or consumers due to negotiated contracts.

“Patients may have insurance which is paying only X amount,” he says. “Or maybe you’re selling frames to Veterans Affairs which won’t allow you to increase your price. There won't be a direct line from the 25% paid on the raw material to the finished value of the of the eyewear. Some of it will be absorbed, but at some point, you're going to see price hikes and hear people talking about how these tariffs will be inflationary.”

Tariffs on aluminum and steel were enacted prior to 2020; however, exclusions and agreements with other countries largely mitigated the effects. Those terms expire on March 12.

Reciprocal tariffs
The federal government is looking into imposing a tariff on all imported products, regardless of origin, to match the originating countries’ tariffs.

“There is a perceived injustice that the United States has tariffs that are historically lower than those of other countries while other countries have tariffs that are historically higher,” Van Arnam says. “The federal government is looking at what we charge for an item vs what country X charges for that item. If we are charging 2.5% for a pair of spectacle frames, and hypothetically, India is charging 10%, there is a 7.5% gap. Under the reciprocal theory, you would pay an extra 7.5% duty to import spectacle frames of Indian origin into the United States so the tariff amounts would match.”

Addressing reciprocal tariffs would likely create logistical challenges for smaller companies without the resources to quickly pivot.

Federal agencies involved with international trade are required to report by April 1 where reciprocal duties might apply. For example, will the duty apply to specific countries or specific products?

Upcoming tariff deadlines
• March 4: The 30-day pause on Mexican and Canadian tariffs expires. A 25% tariff may go into effect.
• March 12: Previous exclusions and agreements about raw aluminum and steel expire. A 25% tariff may go into effect.
• April 1: Reports due to identify where reciprocal tariffs might be applied.
 
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So what is this going to do to Larry's very robust AAPL holding?
Funny you should ask.

I sold off another 10% of AAPL Friday at closing, only to get screwed again by he-who-cannot-be-named. Shudda couldda waited until Monday, I guess.

Go ahead HWCBN supporters…..tell me the market is not being manipulated.

No worries, though. It was my intention to sell and increase my cash holdings in preparation to purchase actual gold in preparation for the pending economic collapse if this BS continues. Or I’ll just wait for the bottom, by back in and make a killing. Please let me know when we hit bottom.

I await your post.
 
Funny you should ask.

I sold off another 10% of AAPL Friday at closing, only to get screwed again by he-who-cannot-be-named. Shudda couldda waited until Monday, I guess.

Go ahead HWCBN supporters…..tell me the market is not being manipulated.

No worries, though. It was my intention to sell and increase my cash holdings in preparation to purchase actual gold in preparation for the pending economic collapse if this BS continues. Or I’ll just wait for the bottom, by back in and make a killing. Please let me know when we hit bottom.

I await your post.
Ok, so I’ve suffered through this insanely “non-political” thread where only the Conservative posters are the bad guy and as all I see of the critics is “not that,” I ask so what DO we do?? Accept tariffs from everywhere else as good policy, but poison for us? Just submit to Beijing entirely? Just use as our only metric for the economy the stock market that is 88% owned by 10% of the population and 50% own less than 1%?

I mean, “Orange man bad” is fun, but I’ve yet to see a single viable alternative to addressing what is close to being an unrecoverable economic situation.

In real life, let’s look at manufacturing. Will most of it be robotic in the future? Sure, but that’s a decade or more away and we’ve got countless factories operating at below 50% or just closed entirely (so this whole, “it’ll take years to bring it back” is simply inaccurate ESPECIALLY for the automative industry)…and even if it IS robots, so what? Is it not better to have those things made here by corporations headquartered here? Not only does it give tax revenue and some jobs, it also makes us the hub for the supply chain vs the end of a spoke and there’s immeasurable value just in that.

Let’s be honest with ourselves. America is the largest consumer in the world. Period. Yes, China and India have more people, but who cares? Most have no money and the ones that do don’t buy American goods anyway because of THEIR tariffs. America constitutes 40% of the global consumer market. That means they can talk tough all they want, but the minute they lose us as CONSUMERS, they dry up and die. Full stop.

Will there be a period of adjustment? Yes. Will there be uncertainty? Yes…but like Warren Buffet said in 2008 when asked how he felt about losing $10M that day, he said “I didn’t lose a dime because I’m not selling. I had an account that lost some theoretical value that means nothing other than I can buy at a discount.”

It’s just irritating to see grown doctors of means whining like they’ve only been investing for 1 week and have never seen a stock market adjustment. This isn’t a political issue because if you go back to a few years ago, there are HOURS of Pelosi and Schumer giving long winded speeches about the trade imbalance and how we HAVE to tariff China.
 
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Or I’ll just wait for the bottom, by back in and make a killing. Please let me know when we hit bottom.
Just DCA into your favorite ETF with your dry powder. I am confident America is not going out of business. Remember back in 2008 when everyone was panick selling and the Dow sunk to about 6,700. That was the time to be buying. Then later after the Dow finally rose to like 10-12K, people were buying back in. Oy vey, what a theory.

Wondering if I should have picked up some AAPL the other day?

Why is AAPL the sacred cow that is exempt from tariffs?
 
Why ask why? Many other makers. Today, cell phones are the glue.
I get it, but I don’t like that electronics are exempt. I get microchips because we really need to build a partnership with Taiwan until we get chips built here and that weakens China, but electronics would really hit them hard and force them to the negotiating table.

Yes, iPhones would be more expensive for a few months. Whoopdidoo. People ALREADY “can’t afford them” and that’s why cell providers had to get creative to finance them into your bill and make trading them in desirable AND doable….or do you think the average person is just out dropping $1500 in one whack on the iPhone 16 Pro Max??

Is it the panic that’s making everyone forget basic economics? The most important cost setting factor isn’t what companies what to charge. If that was the case, I’d charge $1M eye exams and $1M for a pair of glasses, see 5 patients and go home forever. The MAIN determinant is what the consumer will pay. They can raise the cost of an F150 to $500k, but they’ll go belly up because nobody can or will pay that. It’s the same basic flaw in the “do you want $20 avocados???” argument.

Apple made $180B in profit in 2024. Do you think they’d rather make nothing if they can’t make that same margin because their COGS increased?? If they only profit $100B, they’ll just close up shop because it’s no longer worth it? Come on. Will prices go up? Meh, probably…but again, they’re not going to raise them so much that people won’t buy them. That’s just how it works.
 
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So will we still be able to get our EyePhones and MacBook Airs?
Yes, no,....maybe? Hard to comment because what you say now will be irrelevant in 12-24 hours.

Apple is not exempt from tariffs, only the normal tariffs but still have the "20% Fentanyl Tariffs" that will go into a different Tariff bucket.

At this point I've tried to stop following the national news about it because it changes so frequently and have been just following the information about our industry. After learning we apparently don't many any frames in the U.S. at all, who wants to go in on a frame manufacturing company??
 
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After learning we apparently don't many any frames in the U.S. at all, who wants to go in on a frame manufacturing company??
We can call it "Hawk EyeWare".

I am seeing a lot of chatter about Europa and State Optical. They certainly would love it be couldn't possibly keep up with the sudden increase in demand.
 
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The Daily podcast from the New York Times from today has an interview with Beth Benike, a small business owner, on what tariffs mean for her company. You can listen to it or read the transcript here: https://www.nytimes.com/2025/04/14/podcasts/the-daily/trump-tariff-small-business-busy-baby.html

(FYI, I tend to listen to The Daily at 2.5x speed, which cuts the 37-minute interview to a 15-minute one.)

Michael Barbaro: "Well, in a word, what has it been like for you and your business for that 145 percent tariff to become your reality?"

Beth Benike: "It’s devastating. I cannot bring this product into the US now. I don’t have that kind of money. And what that means then is if I can’t bring in that product and I run out of what’s in my warehouse now, then I no longer have revenue coming into my business. And what that means is I can no longer pay my employees. I can no longer pay my loans to which my house is leveraged against."
 
The Daily podcast from the New York Times from today has an interview with Beth Benike, a small business owner, on what tariffs mean for her company. You can listen to it or read the transcript here: https://www.nytimes.com/2025/04/14/podcasts/the-daily/trump-tariff-small-business-busy-baby.html

(FYI, I tend to listen to The Daily at 2.5x speed, which cuts the 37-minute interview to a 15-minute one.)

Michael Barbaro: "Well, in a word, what has it been like for you and your business for that 145 percent tariff to become your reality?"

Beth Benike: "It’s devastating. I cannot bring this product into the US now. I don’t have that kind of money. And what that means then is if I can’t bring in that product and I run out of what’s in my warehouse now, then I no longer have revenue coming into my business. And what that means is I can no longer pay my employees. I can no longer pay my loans to which my house is leveraged against."
For some US manufacturers, tariffs signal chance for growth
Lorraine Mirabella,
The Baltimore Sun
BALTIMORE — Factory owner Ken Malone has already experienced the ups and downs of tariffs launched this month. But, in President Donald Trump’s trade strategy, he also sees an opportunity to grow his business.
At Early Charm, Malone and his 40 employees transform scientific discoveries into materials, such as 3D-printed plastic, electronic components and ceramic and biological parts.
The business, which opened a Southwest Baltimore facility nearly two years ago, has seen less demand for sonar systems it makes for shrimp farmers around the world. That’s because farmers in Ecuador, for instance, now have less demand in the U.S. for higher-tariffed shrimp.
But the factory also makes parts for hydrogen fuel cells and other industrial products. Possible new customers have been looking for U.S.-based alternatives to Chinese suppliers because of the new tariffs. The potentially hundreds of thousands of dollars that could flow in over the next few months could balloon to tens of millions of dollars long term and lead to more high-paying production jobs, Malone said.
“That’s what we’re really looking toward,” Malone said. “These are the jobs that are transformative and create equitable economic development. The young people who come into our manufacturing operations at those levels then get to work with our engineers and scientists and see a world of opportunity.”
Some Maryland manufacturers, like Malone, welcome Trump’s tariff strategy as long overdue. They argue the state must seize a chance to rebuild its manufacturing economy and attract high-paying jobs that will elevate more people to the middle class.
Since Trump announced multi-country tariffs at the start of April, then subsequently paused some, stock markets have traveled a roller coaster of ups and downs, and consumers and small business owners have braced for price hikes on imported products, parts and raw materials. The tariffs, which are taxes on products imported from other countries with costs often passed on to consumers, are part of Trump’s strategy to protect U.S. industry from unfair foreign competition.
Supply chain experts and economists have criticized broad-based tariffs as harmful to consumers and the economy, with prices expected to rise on apparel, mobile phones, furniture, cars and imported food. Some say the policies are unlikely to fix the U.S. trade deficit or rebuild employment in manufacturing because exports will be reduced along with imports. And large investments would be needed both from producers and the government for the strategy to succeed, experts say.
But Drew Greenblatt, owner of a West Baltimore-based maker of steel wire baskets and products for the aerospace, defense, medical and automotive industries, calls the tariffs “fabulous news.”
His 115-employee company, Marlin Steel Wire, buys steel from U.S. producers, runs factories in Indiana and Michigan and exports to 40 countries, though most sales are in the U.S.
“American manufacturing is getting an opportunity to thrive and grow,” Greenblatt said. “The reindustrialization of America is going to happen. The wildly unfair deals, by both Democrats and Republicans, have been very harmful to the American workers.”
Such policies have led to decades of domestic manufacturing job losses and especially devastating to neighborhoods in Baltimore such as Sandtown-Winchester, where Marlin Steel runs a production plant, and in other neighborhoods where factory workers once lived in now vacant rowhouses, Greenblatt said.
In its Baltimore plant, Marlin Steel makes an expanded metal basket that is hit with a $129 tariff when exported to Germany, putting the product out of reach for much of that market, he said.
Unfair competition in other countries means Marlin Steel “can’t hire a guy or gal from Sandtown. In Germany, England and China we have similar kinds of outrageous disadvantages for the American worker. If you support American workers, you support a fair, level playing field with tariffs.”
Greenblatt agrees that rising consumer prices will be painful in the short run.
“This is a reset,” he said. “Some companies are going to see cost increases, and you and I are going to pay more for T-shirts, but it’s more important for me to have $80,000 to $100,000-a-year factory jobs,” with benefits and advancement opportunities.
At a time when federal government jobs are unlikely to return, Greenblatt said he is hopeful state and city officials will actively recruit and support manufacturers and compete for them with other states.
Greenblatt hosted a U.S. Small Business Administration official and a media tour of his Merchant Drive facility on Friday. The visit by administrator Kelly Loeffler was planned to underscore how restoring American industry will “create good-paying jobs, secure our supply chains, and unleash new growth and opportunity across our communities,” the SBA said.
To what extent any of that occurs will depend in part on individual companies’ ability to expand. Some might be able to easily increase production capacity to meet a market demand driven by more expensive Chinese imports. Others might not, said Darius Irani, chief economist for the Regional Economic Studies Institute at Towson University.
“To change the course of manufacturing requires a substantial amount of capital investment by these companies,” Irani said. The uncertainty clouding each new tariff announcement “may not be an environment in which a business wants to invest millions if not billions of dollars upgrading their supply chain, upgrading their manufacturing facilities, to have an increase.
“They might find that they’ve done all that work, only to find that the tariffs have been paused or not implemented,” he said.
As proposed, the tariffs are a mixed bag, said Kenneth Sanchez, president of Baltimore-based Chesapeake Specialty Products, which makes products such as foundry sand additives, metallic abrasives and high-density materials used in the foundry industry, commercial painting and industrial sectors.
He said U.S.-based manufacturers struggle to compete internationally when countries tax imports and also impose value-added taxes, or VATs.
Such levies at various stages of production and distribution “often drive up our prices compared to local products,” he said in an email to The Baltimore Sun.
“Though last week’s tariff announcements sparked chaos and concern, we’d welcome them if they spark negotiations that ease access for U.S. goods into foreign markets,” Sanchez said. “Ideally, we’d love a world with no U.S. tariffs, no foreign tariffs, and no VATs — free-flowing commerce lifts every economy.”
He said inflation has driven up the costs of parts and materials for his company’s factory, and new tariffs could push those costs higher. The 10% baseline tariffs and potential cost hikes from reciprocal tariffs, such as 125% on China, could raise costs and squeeze margins at the Baltimore plant.
But if the Trump administration’s moves pressure other countries to lower value-added taxes and other import barriers, exports, which make up 40% of sales, could see a boost. Lowering barriers in Brazil could slash prices by 35% for customers, for instance, he said.
Chesapeake Specialty’s production takes place mostly in Baltimore, with some in South Korea. About 40% of sales come from international markets.
“If these tariffs lead to lower overseas barriers, our export business could grow much faster — we’re eager to see how it unfolds,” he said.
 
The Daily podcast from the New York Times from today has an interview with Beth Benike, a small business owner, on what tariffs mean for her company. You can listen to it or read the transcript here: https://www.nytimes.com/2025/04/14/podcasts/the-daily/trump-tariff-small-business-busy-baby.html

(FYI, I tend to listen to The Daily at 2.5x speed, which cuts the 37-minute interview to a 15-minute one.)

Michael Barbaro: "Well, in a word, what has it been like for you and your business for that 145 percent tariff to become your reality?"

Beth Benike: "It’s devastating. I cannot bring this product into the US now. I don’t have that kind of money. And what that means then is if I can’t bring in that product and I run out of what’s in my warehouse now, then I no longer have revenue coming into my business. And what that means is I can no longer pay my employees. I can no longer pay my loans to which my house is leveraged against."
I stopped reading at “New York Times.”

Never in the history of the country has there been a media source wrong more often than that rag.
 
The Daily podcast from the New York Times from today has an interview with Beth Benike, a small business owner, on what tariffs mean for her company. You can listen to it or read the transcript here: https://www.nytimes.com/2025/04/14/podcasts/the-daily/trump-tariff-small-business-busy-baby.html

(FYI, I tend to listen to The Daily at 2.5x speed, which cuts the 37-minute interview to a 15-minute one.)

Michael Barbaro: "Well, in a word, what has it been like for you and your business for that 145 percent tariff to become your reality?"

Beth Benike: "It’s devastating. I cannot bring this product into the US now. I don’t have that kind of money. And what that means then is if I can’t bring in that product and I run out of what’s in my warehouse now, then I no longer have revenue coming into my business. And what that means is I can no longer pay my employees. I can no longer pay my loans to which my house is leveraged against."
I listened to that podcast at normal speed. My conclusion is that IF those tariffs on China remain at current levels (I have big doubts they will), in 6 months half the shelves in places like Walmart and big box stores will be empty.

The value of the dollar is rapidly decreasing in the last few weeks. The US dollar as the world's reserve currency is uncertain. Uncertainty leads to fear, which leads to nations decoupling of dollars to other currencies.

This is the kind of shit that gets countries into actual warfare, not just tariff wars.

Hopefully it's all bluster to gain advantage in negotiations. Real harm is going to happen to real people regardless of how much some of these tariffs are reversed.

Let's see how much our dollars are worth in a few months. Or a year from now. There is damage already.
 
I listened to that podcast at normal speed. My conclusion is that IF those tariffs on China remain at current levels (I have big doubts they will), in 6 months half the shelves in places like Walmart and big box stores will be empty.

The value of the dollar is rapidly decreasing in the last few weeks. The US dollar as the world's reserve currency is uncertain. Uncertainty leads to fear, which leads to nations decoupling of dollars to other currencies.

This is the kind of shit that gets countries into actual warfare, not just tariff wars.

Hopefully it's all bluster to gain advantage in negotiations. Real harm is going to happen to real people regardless of how much some of these tariffs are reversed.

Let's see how much our dollars are worth in a few months. Or a year from now. There is damage already.
You’re acting as though the dollar losing value is some new thing. The dollar has steadily lost value over the last two decades largely as a result of our printing money, deficit spending and trade imbalance. One of the things that would shore up our dollar would be if manufacturing moved back here and we became a hub for the global supply chain. The others would be the revenue from tariffs, cutting our budget to at least be even or hopefully an surplus and supplying Europe with energy vs Russia and the ME.

You can’t have a strong dollar when just the interest payments on your debt is slowly overtaking your GDP (which we’re very close to now) and you essentially have nothing the world needs. Between our military, our economy and moving manufacturing here, that would absolutely strengthen our dollar beyond any other currency.

What you’re seeing now is just the fruits of the labor of really irresponsible economic policy (mostly to keep the stock market pumped up as that seems to be the new end all metric for economic health). Again, EVERYONE tariffs ESPECIALLY China.
 
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If you actually listen to Trump himself vs just what the NYT says about what he says, my impression is that moving jobs here is one goal, but the main one is to loosen Beijing’s stranglehold on the WORLD.

They’re aggressively buying basically everything (including controlling the Panama Canal which poses a serious national security risk and large pieces of land in America) and are able to impose their will on the world through their economic influence.

Why do you think Trump was immediately setting up meetings with other Asian countries to discuss trade deals? At the end of the day, this is as much about China as the US.
 
If you actually listen to Trump himself vs just what the NYT says about what he says, my impression is that moving jobs here is one goal, but the main one is to loosen Beijing’s stranglehold on the WORLD.

They’re aggressively buying basically everything (including controlling the Panama Canal which poses a serious national security risk and large pieces of land in America) and are able to impose their will on the world through their economic influence.

Why do you think Trump was immediately setting up meetings with other Asian countries to discuss trade deals? At the end of the day, this is as much about China as the US.
Agree.
The goal isn't to bring back every factory that makes the cheap plastic junk (that's not realistic), its to recapture the hi-tech and critical stuff that we can't afford to have bad players hold a monopoly on.
 
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Agree.
The goal isn't to bring back every factory that makes the cheap plastic junk (that's not realistic), its to recapture the hi-tech and critical stuff that we can't afford to have bad players hold a monopoly on.
I do think Trump is wanting to move “critical goods” production here for national security reasons as well as to ensure we don’t have another “supply chain breakdown.”

Look at all of the panic here over simply not being able to buy frames if we can’t import them. That’s a problem! What surprises me is that the panic ISN’T making people say “man! We NEED to start producing here,” but rather cheering for China and Italy and a few others to continue their stranglehold on our industry.

I feel like America rides the line between not learning our lesson and learning the wrong one. America shouldn’t close our doors and isolate…but we should absolutely be ABLE to.
 
I stopped reading at “New York Times.”

Never in the history of the country has there been a media source wrong more often than that rag.
I assume Adam will be deleting all these Political opinions shortly.

Before then, please share where you receive factual information which helps supply your opinions on so many subjects.

If time permits outline where that "rag NYT" is inaccurate.

You may have to invest in a subscription to prove your point. ;)
 
I assume Adam will be deleting all these Political opinions shortly.

Before then, please share where you receive factual information which helps supply your opinions on so many subjects.

If time permits outline where that "rag NYT" is inaccurate.

You may have to invest in a subscription to prove your point. ;)
Nobody has that kind of time
 
I do think Trump is wanting to move “critical goods” production here for national security reasons as well as to ensure we don’t have another “supply chain breakdown.”
I do find it shocking and appalling that we have been highly reliant on Taiwan Semiconductor to supply chips for our critical technology. China could blockade them in a heartbeat.
 
I do find it shocking and appalling that we have been highly reliant on Taiwan Semiconductor to supply chips for our critical technology. China could blockade them in a heartbeat.
That represents a significant national security issue that we need to address yesterday. We keep hearing about all of these great semiconductor plant deals that ultimately never come to fruition.
 
I do think Trump is wanting to move “critical goods” production here for national security reasons as well as to ensure we don’t have another “supply chain breakdown.”

Look at all of the panic here over simply not being able to buy frames if we can’t import them. That’s a problem! What surprises me is that the panic ISN’T making people say “man! We NEED to start producing here,” but rather cheering for China and Italy and a few others to continue their stranglehold on our industry.

I feel like America rides the line between not learning our lesson and learning the wrong one. America shouldn’t close our doors and isolate…but we should absolutely be ABLE to.
Jay Leno is concerned about the loss of machining technology in America.

https://www.practicalmachinist.com/forum/threads/jay-leno-talks-about-machinists.78299/
 
The dollar has steadily lost value over the last two decades largely as a result of our printing money, deficit spending and trade imbalance.
You are fundementally incorrect on a number of points. Not only has the federal deficit increased with every republican president, Mr. Trump is responsible for the largest 4 year increase ever.

https://amarkfoundation.org/reports/u-s-presidents-and-the-federal-deficit/

Likewise the dollar (US Dollar Index) indicates the dollar has been the weakest under DTs first term and all republican presidents except Nixon.

https://www.visualcapitalist.com/u-s-dollar-index-by-president/

It took about 30 seconds to find the data that indicates you are wrong. The AI dialog is very damning to your premise.
 
You are fundementally incorrect on a number of points. Not only has the federal deficit increased with every republican president, Mr. Trump is responsible for the largest 4 year increase ever.

https://amarkfoundation.org/reports/u-s-presidents-and-the-federal-deficit/
Likewise the dollar (US Dollar Index) indicates the dollar has been the weakest under DTs first term and all republican presidents except Nixon.

https://www.visualcapitalist.com/u-s-dollar-index-by-president/

It took about 30 seconds to find the data that indicates you are wrong. The AI dialog is very damning to your premise.
You're making this about Trump. I'm making it about a trend in the value of our dollar due to really bad policies of deficit spending, printing money and trade imbalance and every President probably since Eisenhower has been guilty of it. I will say that Trump is the first President in MY lifetime (and you're like SIGNIFICANTLY older than me, so I won't speak for you) to try to actually do something about it.

Trump has been President for what? 3 months? And you're judging a policy that's been in effect a whopping ONE WEEK. You really ARE a wonk if you're going to try to make the case that the dollar just all of a sudden started losing global standing. I'm sure the changes we're making ARE going to create instability. When does meaningful change ever NOT do that??
 
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Cool. Wonder if they will work for RPGs, Tomahawk cruise missiles. M1A1 Abrams tanks, F16,s. F18's F35's, F47's, and more. Hope so.

Remember when we could not even make PPE during Covid? Remember when we did not even have ventilators?
I do. I also remember when car manufacturers couldn't get chips.
 
Cool. Wonder if they will work for RPGs, Tomahawk cruise missiles. M1A1 Abrams tanks, F16,s. F18's F35's, F47's, and more. Hope so.

Remember when we could not even make PPE during Covid? Remember when we did not even have ventilators?
Here's a little thought, what if, in addition to those, China cuts off our flow of antibiotics? They make something like 88% of our antibiotics.

All of those things all by themselves represent as big a national security issue as "international terrorists." In real life, a local community can "take care of" MS13 if push comes to shove, but what they CAN'T do is invent microchips and antibiotics or ventilators out of thin air.
 
This thread is about tariffs and eye care, and what specifically you have seen and can do to protect your praftice.

thank you,
the management
Jesus, we're TALKING about tariffs, their effects and why they're considered "necessary."

I get that not being an OD, this is all conceptual to you, but do you NOT consider it a problem that all OVER this thread, people are freaking out because virtually all of our frames and contact lenses come from overseas? Sometimes conversations drift a little, but tariffs are all we're talking about here.
 
Agree.
The goal isn't to bring back every factory that makes the cheap plastic junk (that's not realistic), its to recapture the hi-tech and critical stuff that we can't afford to have bad players hold a monopoly on.
He paused the tariffs on the high tech stuff, so.... 8D galaxy brain chess?
 
He paused the tariffs on the high tech stuff, so.... 8D galaxy brain chess?
I'm sure he's just trying to lessen the hit on consumers, but I definitely don't like it. I feel it only kicks the can down the road like we have for decades. Hopefully, it's being done to give time for those companies to move either to the US or a country with favorable trade status.
 
I'm sure he's just trying to lessen the hit on consumers, but I definitely don't like it. I feel it only kicks the can down the road like we have for decades. Hopefully, it's being done to give time for those companies to move either to the US or a country with favorable trade status.
I feel for major technology companies like AAPL, NVidia, and more, there should be a gradual phased in tariff, to make the companies realize the US is serious about this policy, but to give companies time to realign their production and distribution, i.e. phasing in a tariff like 5,10,15,20, 25% etc over a long period of time, so that as companies start to feel the pain, they realize they most make change.

Now if a company relocates their HQ to some island that does not current make anything, the strategy will still affect them and incentivize them to move production to to U.S. much like Hyundai has been doing.
 
I feel for major technology companies like AAPL, NVidia, and more, there should be a gradual phased in tariff, to make the companies realize the US is serious about this policy, but to give companies time to realign their production and distribution, i.e. phasing in a tariff like 5,10,15,20, 25% etc over a long period of time, so that as companies start to feel the pain, they realize they most make change.

Now if a company relocates their HQ to some island that does not current make anything, the strategy will still affect them and incentivize them to move production to to U.S. much like Hyundai has been doing.
Yes, this is the point -- Gradual. Stability. Predictability. This is critical with trading partners. It takes decades to build up one's credibility, and days to shred it. The US has shredded ours with this behavior.

You cannot just charge into something like a trade war half-cocked without ruining the economy (and even if you think it is a "good idea" to implement a tariff, because of the rapid and unpredictable nature of these tariffs, the economy is on a path to recession, as businesses pull back. Probably a deep recession at that: Look at the rapid rise in interest rates, and the sinking value of the USD. That tells you everything, stock prices aside.)

I graduated from business school with so-called 'captains of industry' [who are running many of the brands that you know and love] and to a person I can't find a single one who thinks what has happened is a good idea.

The iPhone issue is an interesting one -- the scale and scope of manufacturing seems to escape people. Consider that Apple sells about 200,000,000 iPhones in the US annually. 200 million!

Even if Apple could snap their fingers right now and declare "iPhones will be US made!" It would take at least a DECADE or MORE and hundreds of billions of dollars of investment to build out the kind of infrastructure required to produce that many phones domestically. If it could even be done at all. Not only would Apple need to make these investments, all their suppliers would as well (how? where is the $ coming from?) You'd essentially have to create an "iPhone City" from scratch to make this happen, as Foxconn did in China. Again, this is almost impossible.

An example of how long this takes - Intel took at least 5 years (or more?) and untold billions to build their D1X factory here in Oregon --



This is a chip R&D and manufacturing facility.

One facility. 5+ years. And i'm not sure it is even fully operational yet. And this wouldn't even scratch the surface of what would be needed for high-scale production of something like an iPhone.

To create a complex that could crank out 200 million iPhones ... I cannot even envision how you'd even get started.
 
The US has shredded ours with this behavior
That’s just your opinion. We didn’t shred our credibility, that’s just MSNBC “expert commentary.” What we did was anger a bunch of our trade partners” who’ve acclimated to a system of “WE are the ones that tariff, not you!”
 
Received this from the AOA today:
Tariffs impact optometry practices and the delivery of essential eye health and vision care. The AOA will maintain a continuous dialogue regarding tariff policy with White House and Federal agency officials and Members of Congress and will advise policy makers regarding any potential areas of harm to patients, doctors, critical medical device, equipment and related supply chains and the overall health care delivery system. Doctors with questions or concerns about incoming tariff-related communications they’re receiving from health plans and vision benefit managers (VBMs), manufacturers, suppliers and vendors are asked to contact AOA’s President, Dr. Steven Reed, at President@AOA.org.