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  #131  
Old 06-25-2018, 06:16 PM
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Rajoo Rajoo is offline
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The first layoffs from Trump’s tariffs are here

Quote:
The first casualties of President Trump's trade war are 60 workers at Mid-Continent Nail, America's largest nail manufacturer. They lost their jobs on June 15 at a factory in a part of Missouri that voted overwhelmingly for Trump. The whole company could be out of business by Labor Day.

This is a potential game changer in Trump's trade strategy, especially if it marks the start of more companies announcing layoffs. On Monday, Harley-Davidson said it will be moving some “production” offshore because of the trade war (Europe hit Harley with a 31 percent tariff in response to Trump's steel tariffs on Europe). Harley won't confirm if jobs are leaving the United States, but the union representing many Harley workers, the International Association of Machinists and Aerospace Workers, is worried.

The Trump administration has argued that these tariffs will save jobs and that the cost to America will be minor. But now there are real job losses. Now there is a human face on the pain that so many trade experts have been warning about.
I find it hard to feel sorry for these morons who voted for Trump and continue to support him. Nor will they ever learn.

You don't make America better by edicts. Elect a TV moron and you get third rate drama and disaster. But then Trump loves the uneducated. MAGA my ass.

https://www.washingtonpost.com/news/...=.a1e91a27bb9e
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  #132  
Old 06-25-2018, 06:25 PM
Chicks Chicks is offline
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Trump slams Harley-Davidson over tariff dispute

Because OF COURSE Donny’s incompetence has nothing to do with Harley having to move jobs overseas...

https://nypost.com/2018/06/25/trump-...ariff-dispute/
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  #133  
Old 06-25-2018, 06:30 PM
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There is more on this Mid-Continet Nail. China is the winner.
Quote:
Mid-Continent’s orders for July are only 30 percent of what they were last year, and Skarich is afraid that many of his lost customers will never return.

Skarich voted for Trump, as did 79 percent of surrounding Butler County.

Mid-Continent Nail imports from Mexico most of the metal wire it uses to make nails. By driving up the company’s costs, Trump’s tariffs are making it nearly impossible for the 500-worker company to compete with cheap nails from China, Skarich said.
Does Forbes have Chump of the Year award? I nominate the Dotard.

https://www.washingtonpost.com/news/...=.38c573073ee6
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  #134  
Old 06-25-2018, 07:01 PM
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https://giphy.com/gifs/XEo7YJHUeplXa
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Last edited by Chicks; 06-25-2018 at 07:03 PM.
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  #135  
Old 06-26-2018, 08:44 AM
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President Trump on Tuesday threatened the iconic motorcycle company Harley-Davidson with severe taxes and predicted a public revolt that he said would eventually put the 115-year-old firm out of business, blasting the Wisconsin company for a plan to move some operations outside the United States as a way to avoid getting caught in the middle of an escalating trade war.

https://www.washingtonpost.com/news/...tual-collapse/

I wonder if this is enough to get that spineless weasel, Paul Ryan, to fight against Trump's specious tie of his tariffs to national security.
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  #136  
Old 06-26-2018, 09:46 AM
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Trump's trade war is all about his being #1. He is separating himself and the politically incorrect wing further from the proper/respectable Republicans. You're either with him or against him. The game for the GOP is all about doing what it takes to beat him in 2020. Trump is our President and he is going to exercise as much power as he can. There is a method to his madness and the primary goal at his core now includes winning in 2020. Trump's recent treatment of refugee children is another example of Trump pushing proper/respectable Republicans out of the party.
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  #137  
Old 06-26-2018, 09:56 AM
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Any trade conflict with China has some element of national security.

China is gearing up for a big fight...militarily and otherwise

Now some have realized this and the decision is made to target Made in China 2025.

https://www.cfr.org/blog/why-does-ev...ade-china-2025
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  #138  
Old 06-26-2018, 10:02 AM
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"It is the economy stupid".

If Trump continues with his disastrous trade war, economy will begin to tank world wide.
Prices will increase globally and recession follows.

Harley Davidson is not only an iconic company but also the pride of Wisconsin.
Interesting to see how they respond (by probably saying nothing but continue with their plans) and moe importantly how Paul Ryan deals with this by saying nothing since he is an endangered species).

I do not see how Trump can specifically target Harley Davidson and increase their taxes.
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  #139  
Old 06-26-2018, 10:18 AM
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Quote:
Originally Posted by Rajoo View Post
"It is the economy stupid".

If Trump continues with his disastrous trade war, economy will begin to tank world wide.
Prices will increase globally and recession follows.


Harley Davidson is not only an iconic company but also the pride of Wisconsin.
Interesting to see how they respond (by probably saying nothing but continue with their plans) and moe importantly how Paul Ryan deals with this by saying nothing since he is an endangered species).

I do not see how Trump can specifically target Harley Davidson and increase their taxes.
Re bold: Maybe the other economies that our economy has been supporting since the end of WWII should listen/see what the most powerful man in the world is saying/doing?

As far as HD goes, they're going to do what's best for HD. HD perceives its employees as human capital and will treat them as such. Corporations, political parties and Trump don't really care about human capital except for what they can get out of the masses.
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  #140  
Old 06-26-2018, 04:02 PM
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Automakers to warn Trump of $45 billion higher vehicle costs if tariff imposed

An automotive trade group said on Tuesday it would tell the Trump administration that a U.S. threat to impose a tariff of up to 25 percent on imported passenger vehicles under national security grounds would cost American consumers $45 billion annually, or $5,800 per vehicle.

https://in.reuters.com/article/us-us...-idINKBN1JM2LU

Are you getting tired of all the “winning” yet?
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