Political Forums  

Go Back   Political Forums > Economy

We appreciate your help

in keeping this site going.
Reply
 
Thread Tools Display Modes
  #221  
Old 10-13-2018, 10:32 AM
mpholland's Avatar
mpholland mpholland is offline
reflexionar
 
Join Date: May 2009
Location: Central Oregon
Posts: 2,132
Quote:
Originally Posted by Chicks View Post
Trump's tariffs have already cost Ford $1B; now it's planning layoffs
Ironically, Ford may have to cut production of some models, potentially reducing U.S. jobs, as a result of China's tit-for-tat tariffs.

https://www.nbcnews.com/business/aut...now-it-n917756

Up to 24,000 good jobs going away. Thanks, Donny! MAGA!
Aside from the title, I don't see much in that article that wouldn't be happening if the tariffs weren't in place. The possibly not selling as many Mustangs in China is just speculation. Have to wait and see how that plays out. Most of the Chinese that could afford to buy a new Mustang before the tariffs will still have no problem affording one now.
__________________
“Anyone who is capable of getting themselves made President should on no account be allowed to do the job.” Douglas Adams
Reply With Quote
  #222  
Old 10-13-2018, 12:55 PM
donquixote99's Avatar
donquixote99 donquixote99 is offline
Ready
 
Join Date: Oct 2013
Posts: 14,141
'Can afford to' does not necessarily translate to 'want to.' Tariffs are resented.

And the other shoe, as you noted in your other message, is the domestic price going up due to impacts on material costs. Understand there are other factors, but an increase still is going to hurt.
__________________
If things don't go right, go left!
Reply With Quote
Reply

Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT -5. The time now is 11:21 PM.



Powered by vBulletin® Version 3.8.6
Copyright ©2000 - 2018, Jelsoft Enterprises Ltd.