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Thread: Walmart warns Trump tariffs may force higher prices - report

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    Hello cawacko,

    Quote Originally Posted by cawacko View Post
    Fair enough, you have principles on the issue. According to Owl, for example, only "RWNJ's" complain about Amazon yet Bernie Sanders is trying to pass an anti-Amazon bill punishing them for not paying workers enough.
    It is not an anti-Amazon bill. It never says that. Bernie has not said that. The purpose of the bill is not to punish Amazon. It is to get them to pay 100% for the labor they are utilizing, which is currently taxpayer subsidized.

    Selling and delivering products is a positive contribution to society. But surely it is understandable that if someone is making big money off the operation, then it is inappropriate for the operation to be taxpayer-subsidized. Bezos is the richest man on Earth. It is wrong for rank and file taxpayers to be supporting his business. The business costs need to be figured into the product pricing. Or perhaps, since he is so rich, those costs could simply come out of what he has been taking off the top, and prices could be the same.
    Personal Ignore Policy PIP: I like civil discourse. I will give you all the respect in the world if you respect me. Mouth off to me, or express overt racism, you will be PERMANENTLY Ignore Listed. Zero tolerance. No exceptions. I'll never read a word you write, even if quoted by another, nor respond to you, nor participate in your threads. ... Ignore the shallow. Cherish the thoughtful. Long Live Civil Discourse, Mutual Respect, and Good Debate! ps: Feel free to adopt my PIP. It works well.

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    Quote Originally Posted by cawacko View Post
    What ideology is that?
    Trumpism
    AMERICAN HISTORY ITSELF IS A TESTAMENT TO THE STRENGTH AND RESILIENCE OF AFRICAN PEOPLE. WE, ALONG WITH THE COURGE AND SACRIFICES OF CONSCIOUS WHITE AMERICANS, LIKE VIOLA LIUZZO, EVERETT DIRKSEN, AND MANY OTHERS, HAVE FOUGHT AND DIED TOGETHER FOR OUR FREEDOM, AND FOR OUR SURVIVAL.

    In America, rights are are not determined by what is just, fair, equitable, honest, nor by what Jesus would do. Rights are determined ONLY by what you can DEMAND.

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    Quote Originally Posted by blackascoal View Post
    Trumpism
    Many unions have been for tariffs for years and these unions were considered as looking out for the working man. It's not like unions have recently become ardent free traders.

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    China Cancels Trade Talks as New U.S. Tariffs Loom

    China has scrapped planned trade talks with the U.S. and is unlikely to sit down with Washington until after November’s mid-term elections, according to people familiar with the situation.

    The decision to call off a planned delegation next week comes as President Donald Trump signals he’s prepared for short-term pain for the U.S. economy by ramping up the trade war, in the pursuit of what he sees as the long-term gains from taking on China.

    U.S. industry has widely pushed back against the Trump administration’s use of tariffs to force changes to China’s economy, and companies from Walmart Inc. to Gap Inc. and Samsonite International SA have said they’re prepared to raise prices if the new tariffs bite into their business.
    https://www.bloomberg.com/news/artic...s-tariffs-loom
    AMERICAN HISTORY ITSELF IS A TESTAMENT TO THE STRENGTH AND RESILIENCE OF AFRICAN PEOPLE. WE, ALONG WITH THE COURGE AND SACRIFICES OF CONSCIOUS WHITE AMERICANS, LIKE VIOLA LIUZZO, EVERETT DIRKSEN, AND MANY OTHERS, HAVE FOUGHT AND DIED TOGETHER FOR OUR FREEDOM, AND FOR OUR SURVIVAL.

    In America, rights are are not determined by what is just, fair, equitable, honest, nor by what Jesus would do. Rights are determined ONLY by what you can DEMAND.

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    Quote Originally Posted by cawacko View Post
    Many unions have been for tariffs for years and these unions were considered as looking out for the working man. It's not like unions have recently become ardent free traders.
    Trump trade war could cost Alabama car industry 20,000 jobs, warns union
    https://www.independent.co.uk/news/w...-a8443551.html
    AMERICAN HISTORY ITSELF IS A TESTAMENT TO THE STRENGTH AND RESILIENCE OF AFRICAN PEOPLE. WE, ALONG WITH THE COURGE AND SACRIFICES OF CONSCIOUS WHITE AMERICANS, LIKE VIOLA LIUZZO, EVERETT DIRKSEN, AND MANY OTHERS, HAVE FOUGHT AND DIED TOGETHER FOR OUR FREEDOM, AND FOR OUR SURVIVAL.

    In America, rights are are not determined by what is just, fair, equitable, honest, nor by what Jesus would do. Rights are determined ONLY by what you can DEMAND.

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    Quote Originally Posted by blackascoal View Post
    Trump trade war could cost Alabama car industry 20,000 jobs, warns union
    https://www.independent.co.uk/news/w...-a8443551.html
    If free trade and trade agreements are bad for the working man and tariffs and trade wars are bad for the working man what is good for the working man on this subject?

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    Quote Originally Posted by blackascoal View Post
    Trump trade war could cost Alabama car industry 20,000 jobs, warns union
    https://www.independent.co.uk/news/w...-a8443551.html

    China studies 'White Trash' to understand Trump


    Beijing: China's top think tank has turned to a New York Times best seller to understand what drives US President Donald Trump.

    Amid Trump's increasingly hostile tweets about China, as a $US100 billion ($136 billion) trade war escalates, the Chinese Academy of Social Sciences (CASS), the top advisory group to Chinese leaders, has revealed it was doing "a lot of research" on the election of Trump.


    Nancy Isenberg's best seller White Trash - The 400 year untold history of class in America, is at the top of the reading list at the academy's Institute of American Studies.


    https://www.smh.com.au/world/asia/ch...27-p5004u.html
    “If we have to have a choice between being dead and pitied, and being alive with a bad image, we’d rather be alive and have the bad image.”

    — Golda Meir

    Zionism is the movement for the self-determination and statehood for the Jewish people in their ancestral homeland, the land of Israel.







    ברוך השם

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    Forbes: Trump Is Losing His Trade War

    Casualties from the Trump Trade War of 2018 with China are piling up fast.

    Farmers and small businesses across the United States are suffering under the weight of 25% tariffs on Chinese goods that they need and/or China’s retaliatory tariffs on products they export, but Trump shows no inclination to back down. His administration has compiled a list of $16 billion worth of Chinese products it will hit with a 25% tariff on August 23. Trump is considering a 25% tariff on all auto imports on national security grounds, and tariffs on all Chines imports.

    Element Electronics plans to lay off almost all of its 126 workers and close its factory in Winnsboro, S.C., because of new U.S. tariffs on components it imports from China. This is particularly sad, because Element Electronics is one of the last remaining television assembly companies in the United States.

    A U.S. cargo ship carrying $20 million worth of soybeans for China tried to get there before China’s soybean tariff took effect on July 6, but arrived 30 minutes too late. The tariff raised the cost of the soybeans to $26 million. The ship drifted about off the Chinese coast for a month while the cargo’s owner, the Louis Dreyfus Co., tried to figure out what to do.

    The ship, Peak Pegasus, finally docked in Dalian during the weekend and began unloading its cargo after the Chinese company Sinograin agreed to pay the 25% tariff. As of Tuesday, there were two other cargo ships loaded with American soybeans still waiting off the Chinese coast.

    The farmers who grew those soybeans have already seen their prices drop by 20%, said Chris Gibbs, a soybean farmer in Ohio. Even if the tariff were eliminated, Gibbs said in an interview with CNBC that he and other farmers feared that the U.S. would be seen as an unreliable supplier and its foreign customers would go elsewhere for soybeans and other farm products.

    For commercial fishermen in Alaska, life is hard and dangerous even in the best of times. China’s new 25% tariff on Pacific Northwest seafood may be more than some of them can bear. The state of Alaska has been working for years to attract Chinese buyers for its seafood. Given that there are plenty of other seafood-exporting countries, Chinese importers probably will just stop buying Alaskan seafood.

    “We’d rather be left to our own challenges that we have. We don’t need any more,” Alan Noreide, a fisherman from Seward, Alaska, told Reuters.

    The iconic American motorcycle company Harley-Davidson (NYSE:HOG) faces a boycott of its products, because it said it would move some production overseas to avoid a tariff imposed by the European Union in response to Trump’s tariffs on steel and aluminum imports. Trump supports the boycott.
    https://www.forbes.com/sites/johnbri.../#1e5d536012b8

    What is Forbes missing?
    AMERICAN HISTORY ITSELF IS A TESTAMENT TO THE STRENGTH AND RESILIENCE OF AFRICAN PEOPLE. WE, ALONG WITH THE COURGE AND SACRIFICES OF CONSCIOUS WHITE AMERICANS, LIKE VIOLA LIUZZO, EVERETT DIRKSEN, AND MANY OTHERS, HAVE FOUGHT AND DIED TOGETHER FOR OUR FREEDOM, AND FOR OUR SURVIVAL.

    In America, rights are are not determined by what is just, fair, equitable, honest, nor by what Jesus would do. Rights are determined ONLY by what you can DEMAND.

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    Quote Originally Posted by guno View Post
    China studies 'White Trash' to understand Trump


    Beijing: China's top think tank has turned to a New York Times best seller to understand what drives US President Donald Trump.

    Amid Trump's increasingly hostile tweets about China, as a $US100 billion ($136 billion) trade war escalates, the Chinese Academy of Social Sciences (CASS), the top advisory group to Chinese leaders, has revealed it was doing "a lot of research" on the election of Trump.


    Nancy Isenberg's best seller White Trash - The 400 year untold history of class in America, is at the top of the reading list at the academy's Institute of American Studies.


    https://www.smh.com.au/world/asia/ch...27-p5004u.html
    I think Putin and Kim Jung Ill studied the same book. :0)
    AMERICAN HISTORY ITSELF IS A TESTAMENT TO THE STRENGTH AND RESILIENCE OF AFRICAN PEOPLE. WE, ALONG WITH THE COURGE AND SACRIFICES OF CONSCIOUS WHITE AMERICANS, LIKE VIOLA LIUZZO, EVERETT DIRKSEN, AND MANY OTHERS, HAVE FOUGHT AND DIED TOGETHER FOR OUR FREEDOM, AND FOR OUR SURVIVAL.

    In America, rights are are not determined by what is just, fair, equitable, honest, nor by what Jesus would do. Rights are determined ONLY by what you can DEMAND.

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    Quote Originally Posted by cawacko View Post
    If free trade and trade agreements are bad for the working man and tariffs and trade wars are bad for the working man what is good for the working man on this subject?
    More wages from the corporations that employ them.

    Is this really a question of trade, or a question of the top-heavy nature of American business?

    NOBODY believes Trump knows what he's doing .. not even his own team.
    AMERICAN HISTORY ITSELF IS A TESTAMENT TO THE STRENGTH AND RESILIENCE OF AFRICAN PEOPLE. WE, ALONG WITH THE COURGE AND SACRIFICES OF CONSCIOUS WHITE AMERICANS, LIKE VIOLA LIUZZO, EVERETT DIRKSEN, AND MANY OTHERS, HAVE FOUGHT AND DIED TOGETHER FOR OUR FREEDOM, AND FOR OUR SURVIVAL.

    In America, rights are are not determined by what is just, fair, equitable, honest, nor by what Jesus would do. Rights are determined ONLY by what you can DEMAND.

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    Guno צְבִי (09-22-2018), Phantasmal (09-22-2018)

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    Quote Originally Posted by blackascoal View Post
    More wages from the corporations that employ them.

    Is this really a question of trade, or a question of the top-heavy nature of American business?

    NOBODY believes Trump knows what he's doing .. not even his own team.
    It's my belief that if Bernie were doing this people would be praising him and saying he cares about the working man etc. I don't think people have problems with the tariffs they just dislike Trump.

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    Quote Originally Posted by cawacko View Post
    It's my belief that if Bernie were doing this people would be praising him and saying he cares about the working man etc. I don't think people have problems with the tariffs they just dislike Trump.
    That may be somewhat true .. but then again Bernie isn't a perpetually lying despicable son-of-a-bitch that nobody can trust.
    AMERICAN HISTORY ITSELF IS A TESTAMENT TO THE STRENGTH AND RESILIENCE OF AFRICAN PEOPLE. WE, ALONG WITH THE COURGE AND SACRIFICES OF CONSCIOUS WHITE AMERICANS, LIKE VIOLA LIUZZO, EVERETT DIRKSEN, AND MANY OTHERS, HAVE FOUGHT AND DIED TOGETHER FOR OUR FREEDOM, AND FOR OUR SURVIVAL.

    In America, rights are are not determined by what is just, fair, equitable, honest, nor by what Jesus would do. Rights are determined ONLY by what you can DEMAND.

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    Quote Originally Posted by blackascoal View Post
    That may be somewhat true .. but then again Bernie isn't a perpetually lying despicable son-of-a-bitch that nobody can trust.
    I would still have a problem with it, tariffs hurt “we the people”

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    Quote Originally Posted by blackascoal View Post
    That may be somewhat true .. but then again Bernie isn't a perpetually lying despicable son-of-a-bitch that nobody can trust.
    People can support or not support what ever they like but I have trouble understanding the disliking of policy one supports because they dislike the person doing it.

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    Quote Originally Posted by blackascoal View Post
    More wages from the corporations that employ them.

    Is this really a question of trade, or a question of the top-heavy nature of American business?

    NOBODY believes Trump knows what he's doing .. not even his own team.
    https://www.google.com/amp/s/mobile..../idUSL3N1W500Y

    China is finding others markets for their imports.

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