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Likes: dats right! and a nasty PUSSY at that!Originally Posted by StrippedScrew
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dats right! and a nasty PUSSY at that!
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President Trump announced on Thursday PM $50B of tariffs on Chinese manufactured goods.
This AM China announced that the USA has initiated a trade war with China and would reciprocate with its own tariffs against US manufactured product.
Over 1,300 goods will be subject to tariffs entering the USA from China. Including:
84439925 ...........Parts and accessories of printers
84439945 ...........Parts and accessories of copying machines
84439950 ...........Parts and accessories of other printing, copying or facsimile machines
https://assets.documentcloud.org/doc...esentative.pdf
It seems pretty clear that President Trump plans to fund the massive US deficit by imposing tariffs on imported goods flowing into the USA.
It is equally clear that those countries that have had tariffs imposed upon them will impose reciprocal tariffs against the USA.
Whatever money you thought Trump was going to save you in taxes just disappeared when you purchase goods not made in the USA.
President Trump is dramatically accelerating US isolationism from the rest of the world.
I do know that the Phililipines does manufacture a significant % of the copier and printers in the world but I am sure the majority of product comes from China.
The game is on now for President Trump!. China just slapped a 25% tariff on $50B of US imported goods. China owns a huge % of US debt.
I now believe Trump is way in over his head and this is going to drag all the way into the mid-terms and sink the Republican majority in the house. Maybe the Senate! Maybe impeachment!
Trump's bravado is not going to carry any more and some very serious deescalation of the global tariff war initiated by the USA has to stop STAT! STAT! STAT! .
I predict a potential stock market crash in the near future. The Dow was down 200 points on news of the China tariffs. I am going to the sidelines on my equity investments.
Last edited by SalesServiceGuy; 06-16-2018 at 03:32 AM.
US tariffs on Canadian softwood have increased the cost to build a single family home by $9,000.00 on average since Jan 2017.
https://www.cnbc.com/2018/06/18/home...ber-costs.html
Softwood lumber prices have increased since last year by 67% due to a combination of tariiffs, high demand, wildfires and rising transportation costs. There is a severe shortage of affordable entry level homes in the USA as builders are forced to concentrate their efforts on more expensive higher end homes.
And now he wants an armed forces branch for space. Lol
Four Star Gen Michael Hayden, former Director of the CIA, former Director of the National Security Agency and Deputy Director of National Intelligence when asked "what keeps you awake at night" in other words what does he think is the most serious global problem responded "us, we are the most serious destabilizing force in the world" referring to the USA. "I hate no one but I am scared of the USA"
See the 6:33 mark for 15 seconds
The first layoffs from Trump’s tariffs are here
The first casualties of President Trump’s trade war are 60 workers at Mid-Continent Nail, America’s largest nail manufacturer. They lost their jobs on June 15 at a factory in a part of Missouri that voted overwhelmingly for Trump. The whole company could be out of business by Labor Day.
This is a potential game changer in Trump’s trade strategy, especially if it marks the start of more companies announcing layoffs. On Monday, Harley-Davidson said it will be moving some “production” offshore because of the trade war (Europe hit Harley with a 31 percent tariff in response to Trump’s steel tariffs on Europe). Harley won’t confirm whether jobs are leaving the United States, but the union representing many Harley workers, the International Association of Machinists and Aerospace Workers, is worried.
The first layoffs from Trump’s tariffs are here - The Washington Post
Debt Soars Under President Donald Trump Tax Cuts
U.S. DEBT ON TRACK TO GROW TO 'HIGHEST LEVEL IN U.S. HISTORY BY FAR' SAYS CBO
So, when China and the rest of our so called trading partners impose tariffs on our goods, which your previously elected officials have allowed, that supposedly costs the US consumers. How in anyone's reason can the US imposing likewise tariffs also cost the US consumers? Its a line of BS. We have been giving away the store and reducing our manufacturing capacity for decades. At some point, when we have no ability to do it ourselves the ultimate price of your elected officials enriching themselves and their families will be paid by yes, the US consumers. We will have no way to make durable goods and control pricing of such things when we make none of them.
The new organized crime syndicate... the Democrat Party
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