Trump says US will institute tariffs on steel and aluminum imports next week

[n_huffhines]

Good thing we're "putting Americans first" and "they need us more than we need them".

 

[0nelilreb]

Good thing we're "putting Americans first" and "they need us more than we need them".

Is there a reason why you chose that pic and and what it says about getting “ shut out “ instead of any of the others In the article that says we are third behind Canada at 13% or that the EU has been the largest supplier since 2009 ? Im sure you didn’t intend on making it seem like we are completely **** out of the market right ? I mean the article does say that China will continue to buy from the US.

 

[LouderVol]

Nobody is arguing that, but nice strawman. Your objectivity is manifesting itself in unobjective ways.

so then why are you rejecting that Ford's layoffs COULD be something else besides tariffs? thats the objectivity I am holding. especially since alternate explanations have been offered. you are the own that keeps hammering tariffs tariffs tariffs.

 

[n_huffhines]

so then why are you rejecting that Ford's layoffs COULD be something else besides tariffs? thats the objectivity I am holding. especially since alternate explanations have been offered. you are the own that keeps hammering tariffs tariffs tariffs.

I already stated that Ford has other problems, as does every company that loses employees to tariffs. What are you talking about?

 

[n_huffhines]

Bump

Typical and predictable. Protectionism is supposed to be about jobs. When it backfires, you blame the employer who was fine before the protectionism.

Free traders told you this would happen but you didn't listen. Saying Ford isn't run perfectly is not a saving grace. Every corporation has problems to deal with (of their own making) and any time a company struggles with protectionism, we can point to problems they made for themselves. OK. That doesn't change the fact that jobs that otherwise would exist are now gone because of Trump.

 

[carlos86]

 

[n_huffhines]

Let's be objective here, have we tried to blame everything else yet?

Looking around, it seems manufacturers make about $2-3k per car sold, so the artificial cost increase of tariffs is about 15-20% of profit, some of which will be eaten by the employer (layoffs, limited gtowth, etc.) and some passed onto consumers. Then we gotta add in the minimum wage and quota costs the USMCA is bringing about. #winning

 

[McDad]

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That is sweet!

 

[McDad]

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Impressive.

 

[McDad]

I wish you guys would fight as vehemently on personal taxes as you do tariffs. $400 per vehicle is 1%-2% of the total price?

 

[0nelilreb]

Let's be objective here, have we tried to blame everything else yet?

Simple fix , when they say it’s $55,500.00 , you say ...don’t you mean $ 55,000 even ? You just covered the cost of the tariffs and put an extra Hundo in your pocket . You walk out with a brand new truck and thanking Trump for making American Great Again.

P.S. ... it’s a joke Huff

 

[InVOLuntary]

That is sweet!

That's an 18X80. 4 queen staterooms and a King master stateroom.

 

[SpaceCoastVol]

That's an 18X80. 4 queen staterooms and a King master stateroom.

racist

 

[InVOLuntary]

racist

There are African Kings and queens.

That boat is in Arkansas btw.

 

[n_huffhines]

No More $1 Yoga Pants as Trump Aims Trade War at Global Postal Treaty

 

[0nelilreb]

No More $1 Yoga Pants as Trump Aims Trade War at Global Postal Treaty

Thank goodness, now maybe I won’t worry so much when I’m in line behind what looks to be two pigs fighting under a blanket and only being held in by cheap made Chinese crap that only costs a dollar . They can do us all a favor and buy quality American made yoga pants .

 

[Matt2496]

No More $1 Yoga Pants as Trump Aims Trade War at Global Postal Treaty

So effing what?

 

[hog88]

$400? That’s all?

 

[Septic]

U.S. steel costs are more than anywhere else in the world

No one saw this coming. :-/

 

[carlos86]

"Manufacturing costs were higher due to increased material and freight costs. Material costs were higher primarily due to increases in steel prices and tariffs," the company says.

"the company said the impact of tariffs for third-quarter material costs was about $40 million. As of 10:38 a.m. ET, Caterpillar shares were poised for their worst day on Wall Street since 2008; the stock is down more than 30 percent from all-time highs hit in January. "

 

[Vol_Doc]

U.S. steel costs are more than anywhere else in the world

No one saw this coming. :-/

When you use protectionist tactics, like tariffs, to reduce competition, that's what happens. But, hey, we're America. They need us more than we need them, so they'll come around. Short term pain for long term gain. Etc., etc.

 

[LouderVol]

Trump draws fresh battle lines with China by withdrawing from shipping treaty

President Trump's administration formally initiated withdrawal proceedings from an international shipping agreement that it feels gives China and others an unfair advantage.

Two senior administration officials told reporters Wednesday that the State Department initiated the withdrawal process from the Universal Postal Union, a sub-agency of the United Nations that organizes postal service policies across member countries. On the domestic front, the Trump administration is going to begin the process of self-declaring postal rates.

Manufacturers have long complained that the UPU's rules allow packages of up to 4.4 lbs to be shipped from certain countries at the same rate for flat mail and this has allowed foreign companies to undercut U.S. competitors. Among the countries that get this preferred rate is China, a policy set up in 1969 when its economy was still developing. White House officials estimated that this rate has amounted to a $300 million annual subsidy.

The administration is solely focused on packages under 4.4 lbs, which both administration officials noted can cost 40-70 percent more to ship domestically than abroad.

"It costs less to ship a package from New York City to Beijing than it does from San Francisco to New York," one administration official said, adding that the U.S. loses some $300 million annually because of higher domestic shipping rates.

Trump draws fresh battle lines with China by withdrawing from shipping treaty

doesn't this also work for us? can't we also ship things to other countries using this rule?

 

[LouderVol]

When you use protectionist tactics, like tariffs, to reduce competition, that's what happens. But, hey, we're America. They need us more than we need them, so they'll come around. Short term pain for long term gain. Etc., etc.

our steel was more expensive than everyone else's anyway before the tariffs. there is a reason people were shipping in steel from China and elsewhere.

 

[***RoadVol***]

our steel was more expensive than everyone else's anyway before the tariffs. there is a reason people were shipping in steel from China and elsewhere.

You would think the tarrifs wold have made US steel more competitive. US steel just took it as an opportunity to raise prices.

 

[Vol_Doc]

our steel was more expensive than everyone else's anyway before the tariffs. there is a reason people were shipping in steel from China and elsewhere.

And the answer is to make it even more expensive? You know, of course, that US suppliers have used the tariffs as an excuse to jack up their own prices. It's not improving competition. It's taxing the American consumer for the benefit of certain US companies.