Slashdot Mirror
Trump Ups Ante on China, Threatens Duties on Nearly All its Imports (reuters.com)
U.S. President Donald Trump warned on Friday that he was ready to slap tariffs on virtually all Chinese imports into the United States, threatening duties on another $267 billion in Chinese goods on top of $200 billion in imports now primed for levies in coming days. Reuters: The moves would sharply escalate Trump's trade war with Beijing over his demands for major changes in economic, trade and technology policy. China has threatened retaliation, which could include action against U.S. companies operating there. Hours after a public comment period closed on his $200 billion China tariff list, Trump told reporters aboard Air Force One that he was "being strong on China because I have to be."
"The $200 billion we are talking about could take place very soon depending on what happens with them. To a certain extent its going to be up to China," Trump said. "And I hate to say this, but behind that is another $267 billion ready to go on short notice if I want. That totally changes the equation." [...] The $200 billion list, which includes some consumer products such as cameras and recording devices, luggage, handbags, tires and vacuum cleaners, would be subject to tariffs of 10 percent to 25 percent. Cell phones, the biggest U.S. import from China, have so far been spared, but would be engulfed if Trump activates the $267 billion tariff list. Further reading: Apple says Trump's China tariffs are going to hurt the company.
"The $200 billion we are talking about could take place very soon depending on what happens with them. To a certain extent its going to be up to China," Trump said. "And I hate to say this, but behind that is another $267 billion ready to go on short notice if I want. That totally changes the equation." [...] The $200 billion list, which includes some consumer products such as cameras and recording devices, luggage, handbags, tires and vacuum cleaners, would be subject to tariffs of 10 percent to 25 percent. Cell phones, the biggest U.S. import from China, have so far been spared, but would be engulfed if Trump activates the $267 billion tariff list. Further reading: Apple says Trump's China tariffs are going to hurt the company.
Because if anybody else opposed free trade and globalism, the Party of Responsibility would have a fit.
I'm sure we needed Herbert Hoover again.
Trump then went on to mispronounce the word "anonymous" multiple times and walked off stage.
I don't know about the rest of /. but my wages have not kept pace with inflation. Cheap foreign goods has been the only thing that's kept my head above water. Now, you can argue that my wages will start climbing as a result of this, but a) that's not going to happen right away and in the meantime it means big inflation I can ill afford and b) it's not likely to happen since even if the factories come back they're likely to be modern factories heavy on automation, meaning few jobs.
Tariffs are good at protecting an existing business, but you have to have a business to protect for a tariff to work. The US has manufacturing and we were already doing a good job of protecting it. We've doubled out manufacturing output in the last 40 years (while cutting the workforce by 1/3 due to automation, I might add). Broad tariffs at this point are just closing the barn door after the cows got out.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Trump's not going to do shit about China. They're laughing at him and they know all they've got to do is wait now. It won't be long.
Plus, any further tariffs will be written on one of those pieces of paper his staff has been snatching off his desk to keep him from fucking up completely.
You are welcome on my lawn.
I grew up with the nightmare of WWIII.
Now this as adult with kids.
There is no rest for the weary.
So much economic stupidity. At least he gave tax breaks to businesses and bailed out the industries he's nearly killed as he taxed the hell out of their supply chain.
It's time to put some whiskey on this toddler's gums and put him to bed
"Insanity: doing the same thing over and over again and expecting different results."
Isn't it time to look at a different tool for changing the relationship between the US and China? I can't imagine this hurting anybody but the US consumer - AND I suspect that it could be a boon for other countries looking for lower cost goods for their economies.
Mimetics Inc. Twitter
Tariffs are costly in the short term because US citizens will have to pay many of them until alternative sources are available.
Tariffs are costly in the long term because uncompetitive suppliers will exist as a result.
Requiring goods sold here to comply with our labor and environmental laws would have most of the same benefits and fewer costs than the tariffs.
If the goal is to punish the Chinese government for being the scum of the earth, I suggest sanctions instead.
Go to eBay / Aliexpress and order all the cheap Chinese stuff you want right now, because it might not be available tomorrow! This is Trumptown, unfortunately. :-(
They know they need their largest market of consumers for cheaply made crap.
You watch. If you can see thru your TDS that is.
You should get that treated. It's going to kill you.
I'm fine with buying less shit from China, or paying more for what I actually do need to buy (from elsewhere or from China when necessary).
It ultimately means China gets less of US money. A lot less. It's China who loses here, not the US. The US is hundreds of billions in trade deficit to China. China has far, far more to lose in this game of chicken.
China can end it all now if they just agree to one simple thing. Fair trade. If China doesn't like the tariffs and restrictions they can get rid of the same exact tariffs and restrictions they impose on us, and poof, we reciprocate.
Trump only knows one thing: how to make threats until he gets what he wants. That childish behavior works really well against your parents and your sycophant "friends" but it's not a great strategy to use on the world stage. The previous tariffs are being blamed for the increased trade deficit this quarter and these additional tariffs will likely make that worse. It's like Trump is determined to erase any gains he can attempt to take credit for with the improved economy. Maybe the writer of the NYT op-ed can sabotage these tariffs.
"The sudden loss of access to previously affordable goods will encourage workers to be more passionate about their career. This will spur the economy further and reduce the gap between the rich and the poor." - government analyst probably.
Maybe Trump is the biggest Climate Change advocate ever ...
The only surefire way we have seen in recent years to reduce emissions in a meaningful way is recession.
This could start one so deep the recovery could take decades due to loss of trust in trade dealings with the US.
Why is this being framed as an economic issue, at all?
The fucking point is to pressure them into treating their people better, not to affect the US markets.
Since we're clearly not doing that, the rest is just theatre.
Populus vult decipi, ergo decipiatur...
"Force shits upon Reason's back." - Poor Richard's Almanac
And then everything will revert back to pre-trump era while the US grovel on the ground to ask for forgiveness from their allies and trading partners.
During their lifetime, 9.4 out of 10 Aspergers will consider purchasing a Chinese or other Asian partner for a romantic companion.
The reason? Black people are "just more ugly", according to scientists at Johns Hopkins.
Research shows that most Aspergers have nearly zero chance of obtaining an attractive white partner, which is the gold standard of human beauty. In comparison, other races look like "a f***ing gorilla" and "Down Syndrome retards", leaving Aspergers with what seemed to be a straightforward decision.
"It is the most logical choice", said one Aspergher. "And the price is amenable"
Trump's not going to do shit about China. They're laughing at him and they know all they've got to do is wait now. It won't be long.
Plus, any further tariffs will be written on one of those pieces of paper his staff has been snatching off his desk to keep him from fucking up completely.
People who can read minds and predict the future belong on late night cable TV shows, 900 number call-ins on billboards, and newspaper horoscopes.
Alternative link for Canadians and Brits: https://www.youtube.com/watch?...
And if thats TLDW for you, at least watch from 14:54 to see how Trump got his Trade with China expert.
Of course news about a fake are Fake News.
"Insanity: doing the same thing over and over again and expecting different results."
Isn't it time to look at a different tool for changing the relationship between the US and China? I can't imagine this hurting anybody but the US consumer - AND I suspect that it could be a boon for other countries looking for lower cost goods for their economies.
No offense, but Trump's tactics *are* the different tool.
Or would you rather go back to giving away our wealth to everyone and anyone worldwide?
I import various parts from China. One that was affected in the first round of tariffs this year were ball bearings. I import these because I do the product assembly in the USA. I have gotten quotes for similar bearings from US manufacturers and they were 8x the cost of similar bearings from China so going with US suppliers isn't an option.
The crazy thing is if I had my product assembled in China then I wouldn't need to pay the tariffs today. Anyways I have had to raise my prices by 5% to handle the cost of these tariffs and seems likely I'll be raising my prices more just to cover my increased costs.
It's been stated by the US government that you can apply for exemptions from tariffs. I'm not sure how likely it is big companies will do this, but I know for small businesses that isn't an option unless it gets very simple which would eliminate the whole purpose of the tariffs.
I don't really care whose fault any of this mess is, but I think we should acknowledge it's a mess and work towards free trade. That just doesn't seem to be the direction we are headed today.
So assuming all the tariffs are enacted, where is the 467 billion spent? Because if you say to support K-12 education, SS, or the environment then great, if you say to buy more billion dollar warplanes and to start a star wars program, then FU.
If you want people to look at the government report, link to the government report, not fucking Breitbart.
Capitalism likes to sweep problems under other national rugs. We regulate ourselves with worker protections and environmental standards, but then we're happy to buy cheaper stuff from places that lack those protections and standards. Sweat shops, child labor... easy to shrug about it and enjoy your cheap electronics, shoes, whatever. Not happening where it affects me directly.
Not so easy to shrug and ignore CO2 emissions. Leaving aside political and economic considerations:
China is hell on the environment.
"China — which already emits more carbon from burning fossil fuels than the United States and Europe combined..."
Source: https://www.nytimes.com/2018/01/25/business/china-davos-climate-change.html
Container ships are hell on the environment.
"The shipping industry generates more than 2% of global CO2 emissions but that's projected to increase rapidly."
https://www.bbc.com/news/science-environment-43701631
Manufacturing stuff that doesn't have to chug across the ocean on ships using fuel that burns like asphalt sounds like a pretty good idea.
Requiring our trading partners to take some precautions against soiling the shared environmental bed sounds like a good idea.
So... yeah, I'm pretty happy about anything that slows down the dirty manufacturing and shipping that's going on. I just wish there was more of that motive baked into these tariff discussions.
See subject: After I saw President (for life DICTATOR) Xi Ping & his "you know who" DAVOS pals (who have no armies but are TRYING to 'use' the Chinese as one, but are going to be UNPLEASANTLY surprised when they get a HANNIBAL & ROMANS scenario from it) say he was going to "Destroy the USA, it's economy & Trump".
* HEY, CHINK MOTHERFUCKERS? FUCK YOU!
APK
P.S.=> You + Your "IMF" puppeteers? Will end up FERTILIZER motherfucker & in my lifetime? I will SEE you BOTH "uncreated"... apk
I find it interesting that all of you crybabies that are crying about the tariffs being raised on foreign goods coming into the US are perfectly ok with all of the tariffs that foreign countries place on US goods in the name of protecting their own.....
Fucking hypocrites.
Trump could literally suck Putin's dick on live television and you'd pretend he's being tough on Putin's aggressive manhood, fuck you apologist faggots to death. You are nazi garbage defending nazi garbage as it fails, period. Hang, traitor.
I suggest you read this article if you think wages are outpacing inflation.
Be GLAD I'm not president: I'd do what McArthur wanted (he was VISIONARY 70++ yrs. ago): BLOW THEM TO HELL - why? Ok: President (for life DICTATOR) Xi Ping & his "you know who" DAVOS pals (who have no armies but are TRYING to 'use' the Chinese as one, but are going to be UNPLEASANTLY surprised when they get a HANNIBAL & ROMANS scenario from it) say he was going to "Destroy the USA, it's economy & Trump".
* Between ourselves (who could SMOKE China easily, especially navally, which is WHY they stole (all they KNOW how to do is STEAL the slanteye FUCK mongoloids) naval plans for the Pacific on our submarine fleets etc.) & RUSSIA?
THEY HAVE NO CHANCE... & their "allies" (jews in davos)? They're worse... quote George Washington father of our country:
"They (the Jews) work more effectively against us, than the enemy's armies. They are a hundred times more dangerous to our liberties and the great cause we are engaged in. It is much to be lamented that each state, long ago, has not hunted them down as pest to society and the greatest enemies we have to the happiness of America." - George Washington
APK
P.S.=> I promise you ALL this: In my time on this planet, before I leave (as well all do)? I will see them BOTH destroy themselves (all scumbags do) - how? THEIR BULLSHIT is totally UNSUSTAINABLE (mere illusion)... apk
I'm sorry, which industries has he bailed out? Coal? Natural gas and renewable are still eating their lunch. Steel and aluminum? I fail to see the boom except is CEO's blowing smoke in Trump's direction, although he very much likes and believes it.
In the meantime, he's helped tanked the farming and ag business. His tariffs are being paid by every industry and customer reliant on those imports. And now that inflation is taking off and given the eye-watering deficits and debt, the interest rates will continue to rise. That is tanking the rest of the world's economies. And sooner or later, they won't be able to afford American exports because of the dollar's strength and their own currencies weakness. See Turkey for a preview.
Steel and aluminum were national security issues. Specifically, there was one remaining foundry in the US capable of making steel plates, and you need those to make ships. We can't depend on other countries for war materiel, reference the English blockade of nitrates against Germany in the 1910s.
(Typical quote: "This meant that during the fifteen years preceding the outbreak of WWI, Germany became deeply dependent on obtaining goods from foreign merchants in order to keep its society stable and productive.")
Also, it's not hard to google the effect of steel and aluminum tariffs, and it's universally lauded in the cities where the foundries are.
Most of your argument is a simple prediction, with no modeling or rationality - simply saying "this bad thing will happen". He also hasn't "tanked" anything - I don't know if you've noticed, but the economy is doing great.
Normalizing tariffs, bringing the tariffs into parity with those of other nations, is a step towards free trade. Either by having commensurate tariffs or getting rid of tariffs altogether.
I don't know why anyone would be against that.
https://ww2db.com/facility/Schweinfurt_Ball_Bearing_Factories/
If you completely surround an enemy, his soldiers will fight bravely. If you leave them a path to escape, they will run away.
This is actually a pretty good time to put some trade pressure on China. They've reached the end of an era of explosive growth and the transition to something more sustainable is bound to put pressure on them. A trade war can really hurt them right now (as it can hurt us as well).
This is a time to have your exit strategy worked out. If we have a shrewd and accurate idea of what we can feasibly walk away with, we could do quite well out of a little trade saber rattling. The thing is if we don't have an exit strategy, we can hurt our own economy and give the Chinese regime a legitimate scapegoat for its own problems.
So this is a test of the president's acumen. Does he have the brains to know when to walk away from a conflict?
Post may contain irony: discontinue use if experiencing mood swings, nausea or elevated blood pressure.
That is so fucking funny. If I had heard that one before, I lost it.
complete unsubstantiated guess... but i'd venture to say that China has a lot less to lose than the US stands to gain from this slap fight we're in
Just because we're having unexpectedly bigger than expected pay increases doesn't mean everyone is helped. Only the average is helped. Overall, most people have had their lives destroyed by Trump and now make less. I know my life is shit now that Trump has hurt the tech industry, and it's hard to find a job. My of my friends with CS degrees have lost their jobs under Trump. So fewer people are driving to jobs now that traffic is less worse in the Bay Area.
So here's a little reality check for you ... the rest of the world is losing patience with your President, and losing any feelings of friendship towards the US. We can no longer separate your asshole president from your idiot citizens who parrot the dumb shit he says.
I hear what you're saying - you would like your country to pay for your defense from Russia.
I think we can arrange that.
Real friends don't leech off of others, they abide by their obligations.
We're only making the tariffs fair and even. Trump has said repeatedly that he would welcome getting rid of all tariffs on both sides. He's said that directly to Merkel, using those exact words. Her response was to laugh.
Eliminating all tariffs seems fair.
Do you have a problem with fair?
Then why plant the seeds of recession in the midst of a return to growth?
Just because we're having unexpectedly bigger than expected pay increases doesn't mean everyone is helped. Only the average is helped. Overall, most people have had their lives destroyed by Trump and now make less. I know my life is shit now that Trump has hurt the tech industry, and it's hard to find a job. My of my friends with CS degrees have lost their jobs under Trump. So fewer people are driving to jobs now that traffic is less worse in the Bay Area.
Out of curiosity, what's the difference between average and overall?
Can you reconcile "most people have had their lives destroyed" and "fewer people are driving to jobs..." with a steady unemployment rate of 3.8%?
I can reconcile those claims in three words:
Trump Derangement Syndrome
Trump believers think they're winning, even though they're losing. This is one sign of cultism.
> shows wage growth(*) at 2.9% last month
Only because the rich are making more. For normal people, most of us have seen drops of 5-10% in pay because Trump has destroyed the economy. Companies are going bankrupt by his policies so they can't afford to pay as much. We have another pay cut scheduled at the end of the year, and I know at least two key people that are already looking for another job. Both said the offers they've received were shockingly low. I know I make less now than when Clinton was our ruler and with inflation, I make about half of what I made then because of Bush and Trump.
Who did it 1st: China or me? I did - dates are my proof http://theregister.co.uk/2017/... w/ the FACT China rampantly STEALS U.S. Intellectual properties & military secrets!
* THEY, like their "DAVOS" allies? THIEVES (born thieves, known so thru ALL history)...
APK
P.S.=> There's only 1 DESTINY for thieves - FERTILIZER... apk
HEY why dont you bring some of our stuff here....lets talk business .....haha and USA is not in TPP and wont be as long as they are trade warring on canada
GET over it
Wrong. Actual real data shows income has dropped by nearly 5% since Trump started his attack on America. I know my pay has dropped by more than 10%, and we expect another pay cut any day now. If you look at real numbers instead of believing the numbers that the Trump junta makes-up, then you'll see real facts. All thinking people know that.
If *I* want.
Not advisers, not the american people, I.
"*I* am the state"
me me me, I I I. He has all the situational awareness of a toddler.
As a potential lottery winner, I totally support tax cuts for the wealthy
hree is some more facts ....ya know them lads up0 north a ya ...they give power ( ya know that shit called electricity that powers your heat water, and internet and recharges your phones) to nealry 90 million in the usa ...add ot that we supply you wth 1 million barrels a oil that you sell back like 90K of it....
then ad to fact you dont have enough aluminium to offset the amount we sell you , and not only could this get ugly it will destroy the usa .....YOUR man trump needs to go or your gonna see serious trouble times. and dont think canada will bend while you nitwits were whining aobut whatever and doing no to education....we made free trade deals with nearly 40 nations THATS RIGHT we dont fuckn need ya OHHHH YEA short term its gonna hurt but when dust settles you wont have jack nor shit to build or prepare all those lovely fucking military toys that require our resources....and in 15 years YOUR done for fuel....and if you think you can invade and take canada imagine what and whom would come to our aid when you do...and then its really over//// you wont be able to use a single nuke as the fallout will be horiffic for the north usa....
1st off it takes time for the bad bts to come in and he ofset shit with a 1.5 trillion tax break , wait for that reality to bite you when debts are called and you cant pay after all 85% is pwned by your 1%, also most of these tarrffs like steal you can and have capacity to spare , unlike the aluminium where you dont thats why he only dropped 10% , its cost canada 5% sales and we just upped price of that tarriff, so it works to like a 3 % tax increase while gvng the company tax relief from govt , add ot that the bail out cash and its rosey .....yup going perfect....
it just wont last i say by next april you all will be 100% no longer talking about kardashians and MEETOO it will be fuckin drop trump, my hotdogs are 10 dollars each, not to mention as it goes on and CANADA gets with euro and tpp trade we may just divert more of that aluminium to other nations and your ability to war will be further diminished.
notuce trumpy loud mouth has not said much about the EU lately he does and the agreement dies its game over
300 million of you cannot trade war with the world YOU CANT
If you enjoyed that joke, check this one out. The EPA quickly took it down as they found it quite embarrassing.
As reported by Vox:
“[The new fuel efficiency proposal] is anticipated to prevent thousands of on-road fatalities and injuries as compared to the standards set forth in the 2012 final rule,” the EPA wrote in a press release about the announcement. The EPA said the proposed changes would save 1,000 lives per year.
Two companies that don't even need to appear before Congress because they are mostly Chinese owned now getting a dose of ethical edification. Perfectly fine with Korean, Japanese, and Taiwanese products.
You need to get your head stuck in Putin's asshole better, you're slipping out weak traitor faggot.
I wonder if WTO will survive that moves between US and China. Its rules were already seen as unfair by many poor countries, and now everyone sees they do not apply to big players.
have been slow to adjust, but a recent report shows wage growth(*) at 2.9% last month (monthly increase, annualized for a year), which is higher than inflation.
Did you know gullible isn't listed in the dictionary? They changed the way wage growth was calculated last month. Sucker.
is from a tax cut for the rich. We literally just borrowed $1 trillion from China to give it to around 30,000 people...
It's not Keyesian because none of it is trickling down. Keyesian is demand side economics. What we've been doing is good 'ole fashion voodoo economics...
It's already biting us in the ass. Putting that much money in the economy with none of it making it to working class Americans is causing the supply side to over-rev. They've got too much money and not enough to do with it. Eventually they'll fuck up and cause a crash + recession. To counter that the Fed is going to use the only tool they have: Interest rates. They'll raise interest rates to slow down the economy, but that'll hit working class Americans hard in the form of inflation...
Thing is, it'll be 8 years before the damage shows up. By then we'll have another Democrat in charge who'll clean up as much of the mess as he/she can and they'll take the blame for the bad economy. Look at Bush Jr's poll numbers. He's recovered completely and people like him now...
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Lock this faggot up next to Trump Junior, let them rape eachother like civilized traitor faggots in prison.
there was an interview with Ed McMahon where he talked about a Trump "negotiation" session. By the time Trump was done negotiating he'd given McMahon everything and got nothing in return.
Trump went bankrupt for real several times. His banks wanted to try and recover as much as they could and Trump had a well known name & brand so they let him keep some money and go on playing the part of the rich man so they could try and use his brand to bilk people out of money. Worked too. But that wasn't Trump's idea, and the banks told him exactly what to do and when to do it.
When that dried up he started relying on his Russian connections. Trump's neck deep with their mob and oligarchs. That's why he couldn't release his taxes. If you wanna see some fun times vote Democrat for the House in 2018 and watch as they subpoena his tax returns.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Nice story bro, If you and your friends with CS degrees are doing bad in the current economy, you don't have much else than yourself to blame, your friends probably lost their jobs due to poor performance. It is a job seekers market out there right now in the tech industry. In the area I am in Tampa Florida, there is a glut of tech job listings. I have seen job listing with companies sit open for months because there is no one to fill them. The company I work for has tech job listings that have been up since Feb this year still unfilled. Everyone in the area that wants a job in tech already has one. Perhaps you should look harder, work harder, or relocate where the jobs are.
In August, average hourly earnings for all employees on private nonfarm payrolls rose by 10 cents to $27.16. Over the year, average hourly earnings have increased by 77 cents, or 2.9 percent. Average hourly earnings of private-sector production and nonsupervisory employees increased by 7 cents to $22.73 in August. (See tables B-3 and B-8.)
So, I guess unless you're a management type that inflation rate of 2.9%--the highest level since 2012--is probably going to hurt a bit. Given that this next round will effectively hit everything on the shelves of Walmart, things might get rather uncomfortable indeed for his voting base.
Two of my imaginary friends reproduced once
Your whole argument is based upon, "The US has to go it alone!" Well, if that is true, then every single industry is a "national security issue". Every. Single. One. Including the buggy whip industry.
Except it isn't true, and everyone knows it. Ever heard of NORAD? How about NATO? What about the Five Eyes? Also, since this is the intersection of trade and national security, there is the UN Security Council, NAFTA, the WTO, the EU, the erstwhile TPP, and many, many more.
What do those have in common? The Trump Administration pissing all over every one of them. Pissing off friends and screwing up reliable national security arrangements.
So who really, is responsible for the need to go it alone? Donald Dump. He and his merry band of Deplorables have conveniently created a need to go it alone in the world, so every industry is now a national security industry.
"The Shoe Lace Industry has been So Unfair to America, So Unfair. But I tell you, the Gravy Train has stopped on shoe laces, I tell you that! MASLGA!!"
and those went into effect. Trump has moved the overton window even further into the right. In America very few people vote consistently. About 20% in a mid term and 40% in a presidential election. About half of those people are hanging on Trump's every word. Yes, there are adults in the room, but they're terrified that overgrown toddler is going to turn on them in a primary or even a general election.
And remember, the Republican party has very, very few people who genuinely care about the country. Even fewer than the Democrats. I think McCain was an asshat but I also think he cared about America. For most of those guys as long as their donation checks keep coming in and they can secure a cushy job after retiring they couldn't care less what happens to the country.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
On a side note, for those of you who are technical analysis style investors, you might notice that a most interesting chart pattern has been forming on the US inflation rate over the last few years.
Two of my imaginary friends reproduced once
was that we've doubled manufacturing while cutting the workforce by 1/3.
Hi! I make Firefox Plug-ins. Check 'em out @ https://addons.mozilla.org/en-US/firefox/addon/youtube-mp3-podcaster/
Seriously, trump has screwed things up all around. This is one area, where at least he is keeping his promise to address this. W/O promised that they would get China to honor their treaties and WTO as well, but did nothing.
I prefer the "u" in honour as it seems to be missing these days.
Wages have been slow to adjust, but a recent report shows wage growth(*) at 2.9% last month (monthly increase, annualized for a year), which is higher than inflation. Unemployment is at about 2.9% and steady.
(*)Yes, Breitbart.com, which always lies and never tells the truth and are a bunch of poo-poo heads that should be banned. Now dispute the actual numbers and the government report like an adult, or GTFO.
You know, like a stopped clock, Breitbart just might be right now and then. And in this case, it appears they are.
But I mean, c'mon. Breitbart? Their reputation is well-known. If you want to be taken seriously, provide some links to other sources, assuming you read any.
Don't forget that the economy, from the point of view of the *people*, only started to get better about October of last year. Looking at the DJIA (or other leading indicators) shows we were out of the woods and back to health in 2013.
Repeat after me:
The stock market is not the economy. The economy is not the stock market.
The stock market is not the economy. The economy is not the stock market.
The stock market is not the economy. The economy is not the stock market.
[...]
If it weren't for deadlines, nothing would be late.
Tariffs are a regressive tax on US consumers, so the Republicans have cut taxes for the wealthy, and are about to increase the tax burden of everyone else. Got it.
Listen to this blathering traitor wedge his head in Putin's asshole as if the orange traitor is responsible for any actual long-term growth! What a fucking FAGGOT you are Okie lol.
Because your side does it all the fucking time as well. Good for the goose, good for the gander, amirite? Furthermore, since you don't like the content of the message, you dismiss it as propaganda, but unlike propaganda, you can verify all the claims Oliver makes. The bullshit that your Breitbarts and World News Daily types spew out is simply made up, ergo propaganda.
Now kindly fuck off.
Members of a stable domestically reliant economy is afraid of an export reliant economy. LOL these comments.
American1: "China has been taking advantage of us"
American2: "Let's fight back while we have the muscles"
American1: "Oh no no I'm too scared what if he punches me on the arm?"
your thin skin doesn't make me a troll
The Communications Over Various Feeds Electronically for Engagement Act (COVFEFE Act) is a bill introduced into the United States House of Representatives in 2017, during the 115th United States Congress.
The bill would amend the Presidential Records Act to preserve Twitter posts and other social media interactions of the president of the United States, and to require the National Archives to store such items.[1][2]
Trade is just one of the tools in the new Cold War with China. The entire civilized world is waking up to the reality of how dangerous China could be with a new Mao, effectively emperor for life. Everyone hoped China would develop into a better place, but it just got worse. The criminals in charge became even more powerful and tightened their grip. It's not just the US taking this position. Every developed country is now working to defend against Chinese influence and economic growth. Personally, I hope Xi shows his true face and their entire economy collapses. The only way for China to get better is for things to get much worse first, clearing out the old princelings and their criminal offspring. Imagine the economic growth of the US and EU with high-tech manufacturing moving back home - it would be a new industrial revolution.
But trade deficits aren't inherently bad... a trade deficit in the right circumstances can be very good...
for some people.
A trade deficit with China is very good for the people of China who get jobs from making goods. The trade deficit is very good for corporations and wealthy Americans who take those goods and sell them to Americans.
However, the trade deficit is very bad for average Americans who get neither of those advantages.
China has already put major tariffs on all imports from America. Now they are threatening the American companies that operate there. Right there, is the reason why America, and even the entire west, should pull out of China. Yes, China is 1/6 of the population, but far better to work with other nations and bring them up than to go down this route.
I prefer the "u" in honour as it seems to be missing these days.
Trump should not have fucked with trade dealing with Europe, nafta, and Latin America. However, all of these nations, combined with America, japan, and South Korea, manufacturer just about everything China does. As such, we can, and should, drop Chinese imports and instead switch back. Inflation may hit a bit, but far more likely, robotics will be used.
I prefer the "u" in honour as it seems to be missing these days.
Don't worry Trump's tax cuts will make up the difference!
We want the 25th! Impeach! 25th! Impeach!
Did you forget that protectionism hadn't worked before? Did you forget the 70s?
There's no reason China can't just shovel the goods through some other East Asian country for a smaller fee than the tariffs cost and lie about the origin of the goods. Oh, see, this was "made in Thailand" so it's not Chinese, so no tariff. The problem with a trade war like this is that if China rebadges the origin of goods and the US doesn't, the US is guaranteed to lose. They already manipulated the snot out of their currency to pilfer the US infrastructure, so it would be zero surprise if they got around the tariffs this way. Ironically, shady stuff like that is what the tariffs are supposed to punish in the first place.
The Trade deficit means the Chinese businessman have a ton of dollars and they use it to buy property on th coasts driving cost of living up in Democrat areas while it also means cheap stuff is available in middle America driving cost of living low in Trump country.
Lets close the trade deficit. Than finally I will be able to buy something in the Bay Area and middle America can get off its ass and work for a living.
**Life is too short to be serious**
A bully is really a coward at heart so why does this surprise you?
**Life is too short to be serious**
From Common man perspective China is offering Inexpensive and High Quality Products;
Casteism
"And I hate to say this, but behind that is another $267 billion ready to go on short notice if I want. That totally changes the equation."
"If I want."
Not if it makes sense. Not if it's in our best interest. Trumplethinskin just wants everyone to know how big and bad he is. Poor guy :(
Your mind is like a parachute. It works best when it's been opened.
Look everyone racist antisemite Alexander Peter Kowalski is still raging hard from getting his ass destroyed this week. Face it he is a loser who can't ever produce actual support so instead, like a fucking retard, will just repeat the same statements that have been shown to be false near countless times. Even APK's own mother can't stand him and she fled to poland leaving him the half of the duplex that she owned and he lived in the basement of. Now she is happily living out her retirement dream of not having to care for her retarded man child of a son. Alexander Peter Kowalski however ist still in that dumpy duplex and at age 54 has a roommate so that he can afford to pay the bills and eat. Someday his parents may stop regretting not aborting him but that grows ever more unlikely as his unending failures continue.
What the fuck is this retarded failure talking about? He must be really fucking mad that people keep exposign him for the retard, antisemite, racist, and failure he actually is. Alexander Peter Kowalski is just a weak little man who is washed up and never amounted to anything. I see his retarded ass also keep repeating the lie that the chines copied him and he has as his only proof some wild speculation on his part that he implemented a stupid simplistic obvious idea before the Chinese did. What he fails to understand is that it what he did was simplistic and obvious so it is much more likely that the Chinese came up with the same stupid simplistic obvious idea than copied it from a washed up has been nobody spammer who lived in his mother's basement until she fled to get away from him leaving him the half of the dumpy duplex they inhabited.