U.S. trade gap suges by $100 billion

[siablo14]

I’m not stuck in Peoria, I’m in a nice, upper class suburb

Why are you stuck in shythole Jamaica? What does that say about you?

You keep interchanging strong economy and strong dollar like they are the same thing, while they have a relationship, you are not using it properly

Strong dollar- we can buy more foreign goods, so money flows out
Weak dollar- foreigners buy up our domestic goods.


Strong economy can have either a weak or strong dollar

Weak economy can have a strong or weak dollar


All the other shyt you spew is just you deflecting, trying to sound smart and give yourself alittle self worth since you really ain’t about shyt in life.

Red - Share some links of example of that occurring.

Blue - big genius like you stuck in Peoria but you think you can run Washington better. Oh the audacity.

[siablo14]

Ok, let me show you the invisible hand of the free market.


Companies use 3rd world labor and can make the product for $5, using domestic labor and adhering to labor laws, it’s cost 9$ to make. Now with tariffs it costs $10, so companies will or at least one will move production back to domestic factories and make for $9 while everyone else is at $10, this will cause more and more companies to move production back domestically over be overpriced and lose market share.

Same thing happens when the old school tariffs were abolished and these “free trade” acts rose to prominence. Why would a company pay for labor laws and a living wage and benefits when they can just move production to 3rd world sweatshops? That’s why you see Detroit just get crushed over the past 3 decades.

No tariffs, that’s fine, but then don’t have labor laws and minimum wage and workers rights either since companies can just use 3rd world labor with no repercussions.

Weren’t you the same dude complaining about how amazon treats its workers, and how burger flippers should be given $15 an hour? Yet in reality, you could give 2 shyts about that if you can save a buck.

US manufacturers say Trump tariffs will bring higher prices, not more jobs: Survey

The Trump administration's widening trade war will raise prices for U.S. consumers, but it won't bring back many manufacturing jobs that have moved overseas.

That's what more than 800 companies said in a survey released Thursday by IHS Markit, a London-based economics research firm.

Instead, more than 4 in 10 companies surveyed plan to raise prices to offset the higher cost of production.

Just 1 in 10 said they plan to reduce the share of total output produced outside the U.S. Roughly the same number said the tariffs would encourage them to move more jobs offshore.

[Derranged]

Another George Soros funded puppet lying to make Saint Trump look bad and push the libtard agenda!

But if the article is true, it's Obama's fault.

[Motorcity Cobra]

Ok, let me show you the invisible hand of the free market.


Companies use 3rd world labor and can make the product for $5, using domestic labor and adhering to labor laws, it’s cost 9$ to make. Now with tariffs it costs $10, so companies will or at least one will move production back to domestic factories and make for $9 while everyone else is at $10, this will cause more and more companies to move production back domestically over be overpriced and lose market share.

Same thing happens when the old school tariffs were abolished and these “free trade” acts rose to prominence. Why would a company pay for labor laws and a living wage and benefits when they can just move production to 3rd world sweatshops? That’s why you see Detroit just get crushed over the past 3 decades.

No tariffs, that’s fine, but then don’t have labor laws and minimum wage and workers rights either since companies can just use 3rd world labor with no repercussions.

Weren’t you the same dude complaining about how amazon treats its workers, and how burger flippers should be given $15 an hour? Yet in reality, you could give 2 shyts about that if you can save a buck.

Who pays the higher cost of goods due to tarrifs?

[Sugar Adam Ali]

The car industry is a very bad example of the need for tariffs as the fact is that US auto makers simply don’t produce enough cars that people want to buy

Here’s a list of the most popular cars in America

https://insurify.com/insights/most-p...by-state-2019/

Here’s a list of the most popular cars made in America

https://www.google.com.au/amp/s/amp..../amp/724724002

Tariffs make no difference

Tariffs don’t, but labor laws, trade acts and labor costs do. And for the record, I’m not really pro tariffs as I am the anti “free trade acts” that is just a loophole for companies not to adhere to labor cost, rules and regulation.

Explain why anyone would do in business in Detroit, it ifs much much cheaper to use workers without workers rights and strict labor laws.

This happens across all industries. Central Illinois had caterpillar manufacturing for 100 years and literally built the entire area, then NAFTA came, everyone was assured it wouldn’t suck jobs away, and sure enough, fast forward 20 years, and the factories are 90% vacant in the area.

These free trade acts should be called “cheap labor” acts.

[Sugar Adam Ali]

Who pays the higher cost of goods due to tarrifs?

A lot of companies ate the cost, hence why corporate earnings were downguided late last year, and the market dropped, if companies could just magically increase pricing without it affecting sales then they would do it and pass the cost to consumer. It really depends on pricing power of the individual brand/company.

And I’m not trying to say you are wrong on tariffs, but it’s a duel edge sword. How can the American working class compete with cheap sweatshop labor without tariffs? You can’t have it both ways.


Remember you’re the guy wanting $15 for burger flippers, but you are now also the guy that doesn’t care if sweatshop labor is used as long as you don’t have to pay for our labor costs and benefits.

See the contradiction. You want burger flippers at $15 but manufacturing labor workers you want to pay pennies only because you can’t afford to pay American workers labor costs.

[Sugar Adam Ali]

Red - Share some links of example of that occurring.

Blue - big genius like you stuck in Peoria but you think you can run Washington better. Oh the audacity.

https://www.macrotrends.net/1329/us-...storical-chart


Shows the history of the dollar, as you can see, thru good times or bad, dollar strength fluctuates. Nearly every 2 term president had weak and strong dollars.

[Sugar Adam Ali]

US manufacturers say Trump tariffs will bring higher prices, not more jobs: Survey

The Trump administration's widening trade war will raise prices for U.S. consumers, but it won't bring back many manufacturing jobs that have moved overseas.

That's what more than 800 companies said in a survey released Thursday by IHS Markit, a London-based economics research firm.

Instead, more than 4 in 10 companies surveyed plan to raise prices to offset the higher cost of production.

Just 1 in 10 said they plan to reduce the share of total output produced outside the U.S. Roughly the same number said the tariffs would encourage them to move more jobs offshore.

Really, companies that exploit the cheap labor are against rules preventing exploitation of 3rd world labor. Shocker


4 out of 10 will raise prices and will lose market share. The 60% that don’t raise prices and eat the cost will gain marketshare and the expense of short term earnings.

And 10% 1-10, will continue to outsource labor, while 90% will look to bring manufacturing back domestically.

That’s pretty outstanding, thanks for confirming

[siablo14]

Really, companies that exploit the cheap labor are against rules preventing exploitation of 3rd world labor. Shocker


4 out of 10 will raise prices and will lose market share. The 60% that don’t raise prices and eat the cost will gain marketshare and the expense of short term earnings.

And 10% 1-10, will continue to outsource labor, while 90% will look to bring manufacturing back domestically.

That’s pretty outstanding, thanks for confirming

Red - The consumers aren't patriotic either. They happily buy **** once it is cheap instead of supporting local made goods.

Blue - speculation that you can't prove.

Green - WHAT? You bumbling drunk. Read that again. You aren't struggling to grasps things again.

[Motorcity Cobra]

A lot of companies ate the cost, hence why corporate earnings were downguided late last year, and the market dropped, if companies could just magically increase pricing without it affecting sales then they would do it and pass the cost to consumer. It really depends on pricing power of the individual brand/company.

And I’m not trying to say you are wrong on tariffs, but it’s a duel edge sword. How can the American working class compete with cheap sweatshop labor without tariffs? You can’t have it both ways.


Remember you’re the guy wanting $15 for burger flippers, but you are now also the guy that doesn’t care if sweatshop labor is used as long as you don’t have to pay for our labor costs and benefits.

See the contradiction. You want burger flippers at $15 but manufacturing labor workers you want to pay pennies only because you can’t afford to pay American workers labor costs.

Is the cost of living in those countries comparable to the cost of living in America?