Trade Wars and Tariffs

#4,776
#4,776
Some of us warned the resident Lefties to seek help or consider medication a few months ago. Sounds like the advice was not followed.

Can y'all chill out for a bit and let trade, tariff, drug price, border, and peace negotiations work for just a bit before totally losing your minds?
 
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#4,779
#4,779
n_huffhines said:
Perception vs. reality. Every president of this century has been aggressive with China.

Not only did Biden maintain Trump's term 1 tariffs, he added his own new ones.

Obama did more to challenge Chinese practices with the WTO than any president ever.

Bush famously with steel tariffs, but there were others.

I'm calling it right now. Trump's going to get us a ****** long-term deal with some kind of terms in it that make it look like China will take IP laws seriously, it'll be as flimsy as always, and he'll claim victory.
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I wouldn't laud Obama too much there. He completely rolled over on the SCS and didn't seem to care too much about their spying.
 
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#4,785
#4,785
Orangeburst said:
reminds me more of Pelosi saying we have to pass the bill to know what is in it
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That is what my mind went to straight away as well, however it's applicable now too. The teams on the opposing benches are using the same playbook, it seems.
 
#4,786
#4,786
kiddiedoc said:
Some of us warned the resident Lefties to seek help or consider medication a few months ago. Sounds like the advice was not followed.

Can y'all chill out for a bit and let trade, tariff, drug price, border, and peace negotiations work for just a bit before totally losing your minds?
Click to expand...
If there was anything that exuded from this politics forum from Jan 2021-Jan 2025, it was definitely calmness and the ability to dissect political happenings rationally.
 
#4,787
#4,787
kiddiedoc said:
Some of us warned the resident Lefties to seek help or consider medication a few months ago. Sounds like the advice was not followed.

Can y'all chill out for a bit and let trade, tariff, drug price, border, and peace negotiations work for just a bit before totally losing your minds?
Click to expand...
Too late. Now they are in the face saving/double down mode.
 
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#4,793
#4,793
kiddiedoc said:
Some of us warned the resident Lefties to seek help or consider medication a few months ago. Sounds like the advice was not followed.

Can y'all chill out for a bit and let trade, tariff, drug price, border, and peace negotiations work for just a bit before totally losing your minds?
Click to expand...

The Democratic party has been very busy digging its own grave here of late, ending up on almost every unpopular call. Lets not stand in their way, shall we?
 
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#4,795
#4,795
Gandalf said:
The Democratic party has been very busy digging its own grave here of late, ending up on almost every unpopular call. Lets not stand in their way, shall we?
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It's definitely been a site to behold. I don't think I've ever seen either major party this unpopular since maybe 2008 with Republicans and I don't think it was this bad.
 
#4,798
#4,798
#4,799
#4,799
www.breitbart.com

Former Walmart CEO Suggests Company Could Absorb Tariff Impacts

Walmart expanded profit margins and could likely absorb any tariff impacts, former Walmart CEO Bill Simon seemed to suggest.
www.breitbart.com www.breitbart.com

“Because you say that Walmart really theoretically should be able to absorb a lot of the cost of the tariffs. Why is it announcing price increases?” she asked.

“Well, I think they’ll probably raise prices episodically on certain items,” Simon responded, noting that Walmart actually grew its gross profit margin this quarter.

“But you look down deep and dig into the details of their of their earnings release today, you know, this quarter, they grew their gross profit margin in the U.S. business twenty five basis points. So they’re expanding their margin,” he revealed.

“They also reported their general merchandise categories were flattish because they had mid single digit price deflation. So all that product that has the tariffs on it, they reported last quarter actually went down in price,” he said.
 
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