OFFICIAL: Donald Trump thread.

[siablo14]

Only a matter of time before another meltdown

https://www.bloomberg.com/news/artic...pping-forecast

man down
1bad65
JimRaynor
Sugar Adam Ali

Comments?

[Don Pichardo]

Only a matter of time before another meltdown

https://www.bloomberg.com/news/artic...pping-forecast

Them tax cuts doe. So much for revenue pouring in.... but we all know it wasn’t supposed to. It was only so that ivanka can inherent more millions off our backs.

[Don Pichardo]

man down
1bad65
JimRaynor
Sugar Adam Ali

Comments?

Lol yea right.

“Obama did it”. Can hear 1’bad already.

[BERNIE'S CORNER]

[Vlad_]

To the clowns here who talk about Trump adding to the deficit. Look at where most of this money is going. Military. After Hoebama near destroyed the US military, Trump has to rebuild it again.

And unlike Hoebama, Trump isn't starting any wars either. Trump is using money to fix what Hoebama effed up.

[1bad65]

To the clowns here who talk about Trump adding to the deficit. Look at where most of this money is going. Military. After Hoebama near destroyed the US military, Trump has to rebuild it again.

And unlike Hoebama, Trump isn't starting any wars either. Trump is using money to fix what Hoebama effed up.

The superfans are now suddenly concerned with the deficit???

After they said NOTHING over 8 years while Obama doubled the national debt.

Lmfao!!!

Cheer on guys. Cheer that team on.

[The Big Dunn]

https://finance.yahoo.com/news/ford-...002618564.html

Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump's Trade Tariffs, Report Says

Ford is having a bad year in 2018. Its stock is down 29%, and the tariffs imposed by President Trump have reportedly cost the company $1 billion, as the company is in the midst of a reorganization. Now, the company is announcing layoffs.

Jim Hackett, Ford’s CEO, is working to engineer a $25.5 billion restructuring of the automaker, hoping to cut costs and remain competitive, the Wall Street Journal reports. But auto sales are down, and one reason is the trade tariffs that Trump has imposed on metals and other goods. According to Bloomberg, Hackett has said they have already cost the company $1 billion in profit and could do “more damage” if the disputes aren’t resolved quickly.

Ford, the No. 2 U.S. automaker by sales, is making aggressive job cuts as part of that reorganization, NBC News reported. While the company hasn’t said how many jobs will be lost, a report from Morgan Stanley estimates “a global headcount reduction of approximately 12 percent,” or 24,000 of Ford’s 202,000 workers worldwide.”

While reports have indicated that the job cuts are likely to come early next year, The Kansas City Star reported Tuesday that Ford has temporarily halted production of transit vans in Claycomo, Mo. The move is intended to build up Ford’s inventories of the vans, but it will leave 2,000 workers idle between Oct. 22 and Nov. 4.

Despite news of the layoffs, Ford’s stock closed down 3.4% Tuesday.

At a time when automakers are scrambling to prepare for self-driving cars, Ford is also struggling to keep pace with the rest of the industry. September was a bad month for U.S. auto sales—with aggregate sales down 7%—but Ford’s drop off was even more severe. Ford said its sales of its vehicles declined 11.2% last month, with sales of its best-selling F-Series pickup trucks down 9%.

Ford has not responded to Fortune’s request for comment.

[Vlad_]

https://finance.yahoo.com/news/ford-...002618564.html

Ford Prepares for Mass Layoffs After Losing $1 Billion to Trump's Trade Tariffs, Report Says

Ford is having a bad year in 2018. Its stock is down 29%, and the tariffs imposed by President Trump have reportedly cost the company $1 billion, as the company is in the midst of a reorganization. Now, the company is announcing layoffs.

Jim Hackett, Ford’s CEO, is working to engineer a $25.5 billion restructuring of the automaker, hoping to cut costs and remain competitive, the Wall Street Journal reports. But auto sales are down, and one reason is the trade tariffs that Trump has imposed on metals and other goods. According to Bloomberg, Hackett has said they have already cost the company $1 billion in profit and could do “more damage” if the disputes aren’t resolved quickly.

Ford, the No. 2 U.S. automaker by sales, is making aggressive job cuts as part of that reorganization, NBC News reported. While the company hasn’t said how many jobs will be lost, a report from Morgan Stanley estimates “a global headcount reduction of approximately 12 percent,” or 24,000 of Ford’s 202,000 workers worldwide.”

While reports have indicated that the job cuts are likely to come early next year, The Kansas City Star reported Tuesday that Ford has temporarily halted production of transit vans in Claycomo, Mo. The move is intended to build up Ford’s inventories of the vans, but it will leave 2,000 workers idle between Oct. 22 and Nov. 4.

Despite news of the layoffs, Ford’s stock closed down 3.4% Tuesday.

At a time when automakers are scrambling to prepare for self-driving cars, Ford is also struggling to keep pace with the rest of the industry. September was a bad month for U.S. auto sales—with aggregate sales down 7%—but Ford’s drop off was even more severe. Ford said its sales of its vehicles declined 11.2% last month, with sales of its best-selling F-Series pickup trucks down 9%.

Ford has not responded to Fortune’s request for comment.

Ford was struggling and it's nothing to do with Trump or the tariffs.

Ford had issues with their upper management for a while, they are killing of their whole car portfolio for America besides the Mustang, and will focus on pickups, SUVs and crossovers.

They are in the middle of a whole company restructure and those layoffs would have happened in any case.

[BERNIE'S CORNER]

[The Big Dunn]

Ford was struggling and it's nothing to do with Trump or the tariffs.

Ford had issues with their upper management for a while, they are killing of their whole car portfolio for America besides the Mustang, and will focus on pickups, SUVs and crossovers.

They are in the middle of a whole company restructure and those layoffs would have happened in any case.

Article state clearly that "the tariffs imposed by President Trump have reportedly cost the company $1 billion." Maybe you are wrong.

I know you love Trump but it is possible the tariffs have hurt major automotive and agricultural companies.