Trade Wars and Tariffs

[Majors]

Amazing

The left is triggered now that Trump is following through. Once again, the left is reactive and not proactive.

 

[LouderVol]

You may be right about that. I didn't think of it in terms of manufacturing because I was under the impression that they are made in the US. It also would be nice for you to answer my question and demonstrate how you arrived at the conclusion? Is it just conjecture? Because I can't find that New Balance threatened to leave the Chinese market. It feels like you just made it up based on what you think is a logical conclusion?

I don;t think they would have left the market as far as sales, but manufacturing would leave would be my guess.

It was mostly conjecture/reading tea leaves, but it was based on some research*. New Balance does have manufacturing here, but it its only for a few product lines, and just final assembly. back in 2022 New Balance was looking at expanding their New England manufacturing. they ended up expanding in 2023, but not nearly as much as they had initially proposed. the decision on expansion only came AFTER the court case was decided in their favor, while the plans for larger expansion came while the case was ongoing. they had also recently expanded their Vietnamese manufacturing instead of China in 2021. since then Vietnam is 50% of their total production.

*this was something I had tangentially started looking into after conversation/debate with McDad about the impact of the sweat shops on local economy. with that as a base it wasn't too much more to look into what all had happened in China and put the pieces together in a way that made sense to me.

https://www.newbalance.com/on/demandware.static/-/Library-Sites-NBUS-NBCA/default/dwcb06065f/pdf/New%20Balance%20Vietnam%20Fair%20Compensation%20Case%20Study.pdf

 

[LouderVol]

Would people prefer trump stick with the tariffs or does he get credit for making the correction and pausing then?

you don't get credit for making the mistake and then temporarily "fixing it". its just more politician bs. create an issue that he can campaign on with no real intent to ever fix it, and no care about how it impacts people's day to day.

 

[GroverCleveland]

Have you not noticed overseas markets the last two weeks? They are.

Yes, I've noticed. Have you not noticed the disruption occurred because we instituted tariffs in opposition to the way the US has been treated.

Apparently you also did not notice that NONE of the protests going on are about foreign tariffs, just the new ones imposed by the US.

 

[GroverCleveland]

Is this question born out of Trump's BS lie that every other nation tariffs the crap out of us?

To be sure, are you saying there are no tariffs or trade barriers against US exports?

 

[GroverCleveland]

Has anyone said that's the case?

Maybe you have, but I've not seen any of the protests targeting foreign tariffs or unfair trade practices. And if there has been recently, why just now?

 

[evillawyer]

Amazing

The left is triggered now that Trump is following through. Once again, the left is reactive and not proactive.

Let me explain this to you in terms you can understand. There's is a problem that needs to be fixed. You've been consuming pork rinds and Mt. Dew for too long. You've now got a bad ticker and diabetes. Something needs to change. So a misguided doctor comes in with a sledgehammer and just starts bashing you to eradicate your heart disease and diabetes. He's well-intentioned, but doesn't know what the hell he's doing. That's Trump. Not all "solutions" to a problem need to be supported simply because the person is trying to "fix" the problem.

Lemme know if that helps.

 

[Majors]

Let me explain this to you in terms you can understand. There's is a problem that needs to be fixed. You've been consuming pork rinds and Mt. Dew for too long. You've now got a bad ticker and diabetes. Something needs to change. So a misguided doctor comes in with a sledgehammer and just starts bashing you to eradicate your heart disease and diabetes. He's well-intentioned, but doesn't know what the hell he's doing. That's Trump. Not all "solutions" to a problem need to be supported simply because the person is trying to "fix" the problem.

Lemme know if that helps.

I’m bananas and water. You should try it, calms the nerves so you’re not easily triggered. Zero meds.

But glad you understand Trump is fixing the problem. Even if it upsets you.

Futures are at 230. With your new found love for the stock market.

 

[BigOrangeMojo]

 

[appvol]

 

[EasternVol]

Maybe you have, but I've not seen any of the protests targeting foreign tariffs or unfair trade practices. And if there has been recently, why just now?

Unfair trading practices have been mentioned and complained about for years in this forum.

 

[dalton_vol]

America is wonderful!

Trump embodies the worst of its underbelly.

See. This is the stupidity that I'm talking about. You have no credibility after how much you defended Biden. How your party can support kids getting sex change surgeries and boys showering with girls, is beyond me, that's the bad underbelly of America and you support the party that pushes this.

 

[volbound1700]

Let me explain this to you in terms you can understand. There's is a problem that needs to be fixed. You've been consuming pork rinds and Mt. Dew for too long. You've now got a bad ticker and diabetes. Something needs to change. So a misguided doctor comes in with a sledgehammer and just starts bashing you to eradicate your heart disease and diabetes. He's well-intentioned, but doesn't know what the hell he's doing. That's Trump. Not all "solutions" to a problem need to be supported simply because the person is trying to "fix" the problem.

Lemme know if that helps.

This might be the first statement from you that I can somewhat agree with (perhaps not extremity of it).

This is where you have been disconnected for some time. Kamala lost not because Trump is some great leader that people wanted to elect, she lost because the Democrats (and also the mainstream Republicans prior to Trump) have been content to do nothing to help the United States or solve our problems. In fact, they have engaged in direct acts to weaken our country and our society.

Trump isn't the perfect fix that people like me want. He is a blowhard that doesn't listen to others and tends to only make people angry. He is basically a New Yorker. When I think of New York City/Manhattan stereotype, Trump is perfect fit. He just has an R right now than a D.

The key thing that probably made Trump so popular is that he actually some what cares and tries to fix things, even if it is misguided or absolutely wrong at times. If the other politicians and even the so called "academic experts" in our nation can wake up and see that, we might have a good society again. Our country has been devoid of effective leadership at all levels for some time: Academia, CEO/Shareholder level, Political level, Agency level, etc.

 

[mrorange211]

How would we be cutting our nose off

We need them to make stuff that Americans won't do for less than $20 an hour. Why do you not want to trade with China at all? Ideological, humanitarian reasons?

Yes, I've noticed. Have you not noticed the disruption occurred because we instituted tariffs in opposition to the way the US has been treated.

Apparently you also did not notice that NONE of the protests going on are about foreign tariffs, just the new ones imposed by the US.

I wasn't trying to be adversarial. You asserted that the perception was that they were only bad for the US, but overseas markets tell a different story. I think that many of the protests going on right now about those tariffs are because they live in a world where they have benefitted from the current economic system (and I would say most of us have) and they don't want to see it changed for a variety of reasons.

 

[volbound1700]

Unfair trading practices have been mentioned and complained about for years in this forum.

I have been reading more than posting in this thread. You have had posts going both ways and taken heat for that. That is typically a sign that you are a critical thinker and not just posting media driven narratives.

Kudos. I tip my hat to you.

 

[GroverCleveland]

Unfair trading practices have been mentioned and complained about for years in this forum.

Yes, and perhaps I wasn't clear. I was talking about in the nation, the democrats and MSM (who seem to be going apoplectic about it).

If the nation listened to VolNation, it would be far better off.

 

[GroverCleveland]

We need them to make stuff that Americans won't do for less than $20 an hour. Why do you not want to trade with China at all? Ideological, humanitarian reasons?


I wasn't trying to be adversarial. You asserted that the perception was that they were only bad for the US, but overseas markets tell a different story. I think that many of the protests going on right now about those tariffs are because they live in a world where they have benefitted from the current economic system (and I would say most of us have) and they don't want to see it changed for a variety of reasons.

Fair enough. Thanks for the clarification.

 

[Majors]

View attachment 734329

He was 51 when he made Cocoon.

 

[volbound1700]

Yes, and perhaps I wasn't clear. I was talking about in the nation, the democrats and MSM (who seem to be going apoplectic about it).

If the nation listened to VolNation, it would be far better off.

I am not 100% sure about that one

 

[Majors]

Yes, and perhaps I wasn't clear. I was talking about in the nation, the democrats and MSM (who seem to be going apoplectic about it).

If the nation listed to VolNation, it would be far better off.

Agree, shows the divide and narrative of the media. Somehow if the left was spearheading this move it would be celebrated.

 

[bamawriter]

To be sure, are you saying there are no tariffs or trade barriers against US exports?

Sure there are. Just like the US has had tariffs on a plethora of imports for decades.

What matters is that the US had few, if any, unbalanced tariff schemes. Tariffs have never been a significant issue in either direction. Which is why Trump and Co didn't base the new tariffs on what other nations were charging, but instead focused on trade imbalance.

 

[Delmar]

Your point about Trump's cabinet being less than experts in their fields is valid. They were indeed mainly chosen for their sycophantic tendencies more than for real expertise and capabilities. And yes PRC's technocrats would run circles around them. But it's really laughable to hold up Biden's cabinet as a paragon of competence by comparison.

Knowing Trump’s personality and the sycophants that he has in the cabinet, I’m relatively certain that cabinet meetings are very similar to those in North Korea. Much like it is with Kim Jong Il’s “advisors”, 99% of the time is spent kissing Trump’s butt and 1% on actual policy. It’s just the way Trump is built and there is nothing anybody can do about it. Contrarians will be eliminated.

 

[volbound1700]

Knowing Trump’s personality and the sycophants that he has in the cabinet, I’m relatively certain that cabinet meetings are very similar to those in North Korea. Much like it is with Kim Jong Il’s “advisors”, 99% of the time is spent kissing Trump’s butt and 1% on actual policy. It’s just the way Trump is built and there is nothing anybody can do about it. Contrarians will be eliminated.

A better comparison might be modern Corporate America lol. That is what Trump is used to working in, unfortunately...

 

[Vol8188]

We need them to make stuff that Americans won't do for less than $20 an hour. Why do you not want to trade with China at all? Ideological, humanitarian reasons?


I wasn't trying to be adversarial. You asserted that the perception was that they were only bad for the US, but overseas markets tell a different story. I think that many of the protests going on right now about those tariffs are because they live in a world where they have benefitted from the current economic system (and I would say most of us have) and they don't want to see it changed for a variety of reasons.

We shouldn’t prop up the economy of our biggest rival in order to save 10% on goods. Tariff China. Warn Europe that tariffs will ensue if they continue buying Russian oil.

 

[volbound1700]

We need them to make stuff that Americans won't do for less than $20 an hour. Why do you not want to trade with China at all? Ideological, humanitarian reasons?


I wasn't trying to be adversarial. You asserted that the perception was that they were only bad for the US, but overseas markets tell a different story. I think that many of the protests going on right now about those tariffs are because they live in a world where they have benefitted from the current economic system (and I would say most of us have) and they don't want to see it changed for a variety of reasons.

The issue with all of this is the current system is not sustainable. The argument that you can have a nation 100% based on service industry is idiotic. We can only borrow so much before the whole system comes down. You need to be a manufacturer and creator of goods. This stuff has been going on for sometime but it is now really starting to hit with the Biden and now Trump administration. We have to account for our debt.

Our GDP needs to improve and we need to become a leading provider of product to nations again. Now we can't (and shouldn't) try to win in every manufacturing sector but there are certain ones we may want to target. I would think Automotive, Steel, Tooling, Agriculture, and Hi-Tech would be at the top of the list to grow/maintain (I feel like the tariffs are going to do a better job of maintain which is something you can't measure versus creating new manufacturing).