Trade Wars and Tariffs

#4,001
#4,001
Matt2496 said:
This kind of language I would expect out of Xi Jinping or Kim Jong Un, not the POTUS.

Trump has lost it.
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Seems like he is slipping, at the very least. Being a bumbling whiner isn't a good look for the POTUS. It didn't look good on the last one, and it doesn't look good on this one either. Unforced errors and ineffective messaging are impeding the change that the current POTUS to campaign and win the election. The midterms could be brutal, but then he can go back to blaming Congress as an excuse for being somewhat ineffective.
 
#4,003
#4,003
Orangeburst said:
Cabada is in serious economic and societal trouble..

You wanna bet who looks better in 4 years?
Mississippians have a higher income level than Canadians..

He continued: “The point is that we can give ourselves far more than the Americans can ever take away the but even given that, I want to be clear, the coming days and months will be challenging, and they will call for some sacrifices, but we will share those sacrifices by supporting our workers and our businesses.”





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www.fraserinstitute.org
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The level of gaslighting going on in Canada is staggering. They had incredibly unbalanced trade tariffs with us and relied on our defense spending to protect them. As soon as the US said, "Hey, this isn't fair", they act like we were an abusive lover that they need to flee.

It's crazy if you think about it.
 
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#4,004
#4,004
volbound1700 said:
The big issue is not necessarily buying locally but having a fair market.

In my view, having more manufacturing in Europe and Latin America would also help us.

Issue is that if we just continue "status quo", all our companies will just outsource everything around the globe to Thailand, China, Vietnam, and India. There won't be any manufacturing anywhere else in the world unless those other countries are willing to lower their wages to match. How many of you anti-Tariff guys are up to get paid $ 5 per hour?

No, there isn't enough service or high-tech jobs to replace losing manufacturing and in some instances (such IT support and software design), that is outsourced as well.

Now you can argue automation is keeping US Manufacturing afloat and, in some ways, might be more of a threat to US labor than Asia.
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You’re falsely assuming manufacturing jobs to be some sort of necessity. Before Trump sabotaged his own economy, there was no job shortage. If anything we’ve had the opposite. First term Trump had record low unemployment.

Americans don’t have to compete with Indonesian children for manufacturing jobs.

Unemployment is low. The standard of living improves continuously over time.

This false idea that we’ve lost something is shared by both the left and the right. Both falsely believe you could afford more in the 60s than today. But it’s not accurate
 
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#4,008
#4,008
Orange_Crush said:
The level of gaslighting going on in Canada is staggering. They had incredibly unbalanced trade tariffs with us and relied on our defense spending to protect them. As soon as the US said, "Hey, this isn't fair", they act like we were an abusive lover that they need to flee.

It's crazy if you think about it.
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The defense spending part is true. But the tariff bit is nonsense. We had a free trade agreement with Canada, one that Trump renegotiated during his first term. We've been operating at zero effective tariffs with Canada for over 3 decades.
 
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#4,017
#4,017
titansvolsfaninga said:
Part of that is because they have different standards regarding dairy and food. The US has ****** food quality standards. Some countries don't want our beef. Canada doesn't want our dairy. Other countries don't want our poultry.
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Serious question: They don't want them so much that they allow a certain amount in tariff-free, but then escalate to 200% or so?
 
#4,019
#4,019
hog88 said:
Correct, they prevent us from importing our full quota.
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We're exporting more than we have in years and still not hitting it. It's a number he was told and hopes no one fact checks

Honestly as bad as the us food supply is I don't really blame them.
 
#4,020
#4,020
Orangeburst said:

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finance.yahoo.com

UPS plans to fire 20,000 people before the end of the year, in the midst of a Trump-induced drop in deliveries from Amazon, the postal service’s biggest customer. This amounts to a staggering 4 percent of its workforce. UPS will also shut down 73 buildings.

haha..they called UPS a postal service..smart guy! musta stayed at a Holiday Inn
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a continuation of layoffs from 2024 where 12000 ups workers were laid off under Biden...


GROK:

UPS 12,000 Layoffs in 2024 (Announced for 2023 Performance)
When: Announced on January 30, 2024, following a challenging 2023 financial year.

Details: UPS planned to cut 12,000 jobs globally, primarily targeting management and contractor positions, not unionized workers (e.g., Teamsters-represented employees, who make up about 330,000 of UPS’s U.S. workforce). The layoffs were part of a cost-saving initiative expected to save approximately $1 billion in 2024. About 75% of these cuts were scheduled for the first half of 2024.

Reason: The layoffs were driven by a 9.3% revenue drop in 2023 (from $100.3 billion in 2022 to $91 billion) and a 7.8% decline in fourth-quarter revenue (from $27 billion in 2022 to $24.9 billion in 2023). Contributing factors included:

==Lower package volumes (down 7.4% in Q4 2023).

==Higher labor costs from a new Teamsters contract signed in August 2023, which increased wages by up to 55% over five years for some workers.

==Loss of business during labor negotiations, as customers shifted to competitors like FedEx and USPS, with UPS regaining only ~60% of that volume by year-end.

==A shift in consumer behavior (more in-store shopping post-pandemic) and macroeconomic challenges.


  • Additional Context: UPS also mandated a return to five-day-a-week in-office work for non-unionized staff and considered selling its Coyote truckload brokerage business. The company described 2023 as a “difficult and disappointing year” and aimed to “right-size” its workforce of ~495,000.


 
#4,021
#4,021
utvolpj said:
We're exporting more than we have in years and still not hitting it. It's a number he was told and hopes no one fact checks

Honestly as bad as the us food supply is I don't really blame them.
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It's you that should do his fact checking. This dispute over dairy imports has been going on since early in the Biden administration and it's not only the US that has been complaining about Canada's protectionist policies coving their dairy industry. New Zealand has been in a trade dispute with Canada for several years over the same issues.

Explainer: Spilt milk? Why are the US and Canada fighting over dairy?

Another thing you should fact check, is standards for raw dairy products in the US vs Canada. There is minimal difference, ours actually might be a tad stricter.
 
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#4,023
#4,023
hog88 said:
It's you that should do his fact checking. This dispute over dairy imports has been going on since early in the Biden administration and it's not only the US that has been complaining about Canada's protectionist policies coving their dairy industry. New Zealand has been in a trade dispute with Canada for several years over the same issues.

Explainer: Spilt milk? Why are the US and Canada fighting over dairy?

Another thing you should fact check, is standards for raw dairy products in the US vs Canada. There is minimal difference, ours actually might be a tad stricter.
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1746021238507.png
 
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#4,025
#4,025
Canadian trade issues aren’t simply a percentage for tariffs. Try creating video content and selling it in Canada for broadcast. They practice protectionism.
 
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