So much winning...
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kind of on topic...so the party that shuns science, is now tits up for a "space force"....the memes are priceless, enjoy
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thats my fav, it wins
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thats my fav, it wins
thats my fav, it wins
"Lasers"
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for as much general contempt as i have for the internet and what its become, without it i would have never seen trump photoshopped onto dr evil. just priceless sht
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CBS MoneyWatch: Canada tariffs on $12.6B of U.S. goods take effect
Canada has begun imposing tariffs on $12.6 billion in U.S. goods as retaliation for the Trump administration's new taxes on steel and aluminum imported to the United States. The tariffs went into effect Sunday.
Prime Minister Justin Trudeau's government released on Friday the full list of items that Canada is targeting. Some U.S. products, mostly steel and iron, face 25 percent tariffs, the same penalty the United States slapped on imported steel at the end of May. Other U.S. imports, from ketchup to pizza to dishwasher detergent, will face a 10 percent tariff at the Canadian border, the same as America's tax on imported aluminum.
President Donald Trump infuriated U.S. allies -- from Canada to Mexico and the European Union -- by imposing tariffs of 25 percent on imported steel and 10 percent on aluminum. Canadian Foreign Minister Chrystia Freeland said Friday they had no other choice and will not escalate the dispute, but also will not back down. She called the tariffs regrettable.
Trudeau on Sunday spoke in Leamington, Ontario, where he thanked Canadians for standing united against President Donald Trump's sanctions. He urged Canadians to "make their choices accordingly" in considering whether to buy American products.
The selection of Leamington, known as Canada's tomato capital, was deliberate. The town is home to a food-processing plant that supplies tomato paste and other products to French's, a major competitor of Kraft Heinz. Heinz left Canada and sold its Leamington plant in 2014, after 105 years of Canadian operations.
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FoxNews 5 Cleveland: Steel tariffs starting to take toll on manufacturers in Northeast Ohio
CLEVELAND - The cost of doing business with one commodity is creating a lot of concern in Northeast Ohio as the price of steel soars. One local manufacturer is painting a grim picture as the U.S. holds its position on imposing metal tariffs.
"That type of cost increase is not built into our profit model," said Bill Adler, the owner of Stripmatic Products.
Adler said he is now paying a lot more for the material he needs to make automotive parts.
"The markets we currently supply are probably 90 to 95 percent automotive," Adler said.
Adler is worried about the fallout he’s already seeing and what it means long term if these tariffs stick around.
“Our prices have increased from 25 to 50 percent depending upon the product we're buying," Adler said.
The tariffs on steel are not only eating into profits, but stunting plans to diversify Adler’s business.
"We have not been all that successful."
A recent opportunity to start making parts for a different industry didn't pan out.
"The cost of stainless with the import tariffs just disqualified us from really being one of the players and being able to make that food processing equipment," said Adler.
That lost opportunity, along with soaring production costs, is poised to do long-term damage according to Adler.
"It's going to affect our profits, our employee's profit sharing, their ability to get pay increases, our ability to add new people and invest in new equipment," said Adler.
With the clock ticking, Adler is hopeful the over-saturation of foreign steel can be reigned in, and the tariffs will be rescinded.
"The key to this is how do we find the right tool to get China to not overproduce? The import tariffs are keeping every manufacturer awake at night," said Adler.
A recent estimate from a consulting firm predicts about 179,000 U.S. jobs could be lost, versus the 33,000 created as a result of the metal tariffs.
The last time the U.S. imposed tariffs on steel was back in 2002. Adler said it took his company four years to fully recover.
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I'm no expert here on tariff stuff, I do have a question.
We have a major trade deficit with other countries.
We try to even it up a bit, and they go nuts, and hit back to make it
uneven again.
This is our fault? There is no reason for them to give a crap that they are making fools of our country over trade,
and they just demand that they keep the huge advantage.
What else is there besides tariffs? Magic beans?
Our steel companies shut down due to unfair competition. Yeah, it's costly to start them back up again.
What am I missing here?
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I'm no expert here on tariff stuff, I do have a question.
We have a major trade deficit with other countries.
We try to even it up a bit, and they go nuts, and hit back to make it
uneven again.
This is our fault? There is no reason for them to give a crap that they are making fools of our country over trade,
and they just demand that they keep the huge advantage.
What else is there besides tariffs? Magic beans?
Our steel companies shut down due to unfair competition. Yeah, it's costly to start them back up again.
What am I missing here?
I'm no expert here on tariff stuff, I do have a question.
We have a major trade deficit with other countries.
We try to even it up a bit, and they go nuts, and hit back to make it
uneven again.
This is our fault? There is no reason for them to give a crap that they are making fools of our country over trade,
and they just demand that they keep the huge advantage.
What else is there besides tariffs? Magic beans?
Our steel companies shut down due to unfair competition. Yeah, it's costly to start them back up again.
What am I missing here?
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the first video was bs, but the second one is really good. I would think if trade deficits are good,
then why are all these other countries fighting to keep the plus trade posture?
You'd think they would want trade deficits with the U.S.
Heck, I don't know. But farmers not being allowed to sell their mild to the E.U. reeks of unfair trade practice.
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There's more to these deficits than we're being told Cal. In principle I agree, massive trade deficits aren't a good thing. Americans have stopped making sht because of it. We were being doggy walked into this technocratic wonderland where everything is digital and manufacturing is all done by robots. The issue that needs to be told to the American people is that our govt, complicit with major major corporations that enjoyed the nanometer proximity to the worlds number one credit spigot, shtcanned monetary policy decades ago...right around the time Lord Reagan was in office. Republicans were the massive deficit spenders for decades and chided any notion of sound fiscal responsibility as "tax and spend liberalism". Im not happy with democrats who want to raise sht tons of taxes on people but both parties show ZERO signs of reducing overall spending, so while I don't like taxes I recognize you can't put everything indefinitely on a credit card. We were only able to do that because we owned the credit machine.
Please understand that if we play too hard ball with the rest of the world on trade, they may say fuk it and drop the dollar. People just don't understand the ramifications of that. Of course we have some leverage because a lot of these countries own a lot of our debt, but take it too far and they may say fuk you and be done with it. What then? Who's are trade partners then? We're pissing off Canada and Mexico. Who's left?
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There's more to these deficits than we're being told Cal. In principle I agree, massive trade deficits aren't a good thing. Americans have stopped making sht because of it. We were being doggy walked into this technocratic wonderland where everything is digital and manufacturing is all done by robots. The issue that needs to be told to the American people is that our govt, complicit with major major corporations that enjoyed the nanometer proximity to the worlds number one credit spigot, shtcanned monetary policy decades ago...right around the time Lord Reagan was in office. Republicans were the massive deficit spenders for decades and chided any notion of sound fiscal responsibility as "tax and spend liberalism". Im not happy with democrats who want to raise sht tons of taxes on people but both parties show ZERO signs of reducing overall spending, so while I don't like taxes I recognize you can't put everything indefinitely on a credit card. We were only able to do that because we owned the credit machine.
Please understand that if we play too hard ball with the rest of the world on trade, they may say fuk it and drop the dollar. People just don't understand the ramifications of that. Of course we have some leverage because a lot of these countries own a lot of our debt, but take it too far and they may say fuk you and be done with it. What then? Who's are trade partners then? We're pissing off Canada and Mexico. Who's left?
Please understand that if we play too hard ball with the rest of the world on trade, they may say fuk it and drop the dollar. People just don't understand the ramifications of that. Of course we have some leverage because a lot of these countries own a lot of our debt, but take it too far and they may say fuk you and be done with it. What then? Who's are trade partners then? We're pissing off Canada and Mexico. Who's left?
The Duchy of Grand Finwick. Somehow they have kept their alliance with us despite King Donald.?
️
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Please understand that if we play too hard ball with the rest of the world on trade, they may say fuk it and drop the dollar. People just don't understand the ramifications of that. Of course we have some leverage because a lot of these countries own a lot of our debt, but take it too far and they may say fuk you and be done with it. What then? Who's are trade partners then? We're pissing off Canada and Mexico. Who's left?
The Duchy of Grand Finwick. Somehow they have kept their alliance with us despite King Donald.?
️
The Duchy of Grand Finwick. Somehow they have kept their alliance with us despite King Donald.?
️
Gloriana will never water the wine.
WSS
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The Duchy of Grand Finwick. Somehow they have kept their alliance with us despite King Donald.?
️
Gloriana will never water the wine.
WSS
Gloriana will never water the wine.
WSS
Never water Pinot Grand Finwick. Unheard of.??
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"U.S. pig farmers are bracing for another round of steep tariffs this week from China and Mexico following President Trump's decision to impose hefty tariffs on the two countries.
According to CNBC, some major U.S. pork producers fear they will lose a significant amount of money once China and Mexico implement the tariffs, forcing some to move their investments overseas.
China is expected to begin fetching a 25 percent tariff on U.S. pork imports on Friday. Mexico, which imposed a 10 percent tariff on pork imports last month, is expected to double its import tax to 20 percent on Thursday. CNBC reported that China's taxes will exceed 70 percent when combined with previous import taxes.
"We put a halt on all investment, not just because we will be losing money, but because we don't know if growing in the U.S. is the right move if we won't be an exporting country," Ken Maschhoff, chairman of Maschhoff Family Foods and co-owner of the nation's biggest family-owned pork producer told CNBC.
Maschhoff told the outlet that the farm industry has been "asked to be good patriots."
"We have been. But I don't want to be the patriot who dies at the end of the war," he continued. "If we go out of business, it's tough to look at my kids and the 550 farm families that look us into the eye and our 1,400 employees."
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Let our country die off economically, via unfair trade practices, so the pork biz can keep making big money?
nah.
Mexico 132.4 BILLION in SURPLUS with us, and they dare put a tariff on pork from us?
FREAKING seriously? Sorry, pork co. - you lose.
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Mexico posted the highest trade surpluses with the following countries:- United States: US$132.4 billion (country-specific trade surplus in 2017)
- Canada: $1.6 billion.
- Colombia: $1.5 billion.
- Guatemala: $1.2 billion.
- Peru: $997.3 million.
- Venezuela: $961.7 million.
- Belgium: $916.3 million.
- Australia: $845.8 million.
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The U.S. has the leverage in trade wars.
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So, assuming that hatred of trump is not your only motive, do those of you who are complaining so loudly think we would be better off just to turn a blind eye to China rampant violation of our intellectual property laws? Just allow them to do it so as to not anger them? That's the plan? Also remember that tariffs on our Goods will make them more expensive for Chinese people to purchase same as it works here.
WSS
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The U.S. has the leverage in trade wars.
The U.S. has the leverage in trade wars.
and that leverage was lost when trump went to war with all our partners. why will anyone ofvthem capitulate now that they know all our industries will be facing pressure? soy for example. in a 1 to 1 war with china it may have been possible to alleviate some of those rariffs by finding other buyers....soy farmers may still have faced profit reduction but it would have been "something"
but why now would any of the other trading blocks we've pissed off help undermine chinas soy tariffs? they wont. and china wont undermine any tariffs imposed against us from any other xountry.
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We will easily win this one. Canada and Mexico will renegotiate or face some hard hard times.
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