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$1,475,308,876 today, but their economy is growing at 5.8% , by October their GDP would have recovered...
Will the US be able to manufacture everything imported from China by October?
So what’s your plan (If you were Trump, what would you do)? What do you think of Kevin O’Leary’s plan for China?
It's not my job to have a plan, it's your government's job to have a plan.
I'm pointing out China will recover quickly.
Trump is poker with a weak hand.
So do you agree with your PM’s stance on free speech, who said allowing free speech is dangerous?
https://kangaroocourtofaustralia.com/2024/04/25/prime-minister-anthony-albaneses-free-speech-battle-with-elon-musks-x-could-be-his-undoing/
So, what kind of “hefty” tariff was China charging Australia for coal?
It’s funny, I can’t really find one admirable thing on Anthony Albanese other than his demanding a ceasefire in Israel Gaza last year.
The Shop
DeCal Works Huge Plastic Inventory of UFO and Polisport kits.
Why is a company like Toyota able to manufacture so many vehicles in America yet a company like Ford continuously looks elsewhere?
What has that got to do with tariffs?
Ha give it up burny!
You asked for the numbers, 2 Stroke produced them, you didn’t like them so you went the personal attack, that got you nowhere, so you turned it into my leader is better than your leader. Seriously man? 😂
He ignores the fact that motorcycles, spare parts and riding gear are all going to increase in price in the US.
Who knows… the administration should look into that and find out.
My best guess, ford is not interested in innovation just in their bottom line so it’s purely profit maximizing at the expense of quality and quality control. So they outsource to the cheapest place possible.
Toyota on the other hand created Lean manufacturing, and manufacture in Japan which is not uber cheap, so they clearly aren’t searching for the cheapest possible cheapness. So with lean manufacturing they minimize overhead what offerstock and being close to market they can ensure there is less mistakes and operate on their Just in time method efficiently.
It’s the American method of maximising scale regardless of quality rather than maximising quality as first principle.
Source: my ex-partner worked at Toyota for a decade.
But still just a guess.
As I’ve said and keep saying. This sh!t isn’t hard;
Remove all tariffs. Take them out behind the shed and pull the trigger. Embrace free trade and get out of the way. Let free capitalism reign. Economically it’s the equivalent of Darwin’s theory of natural selection; only the strong company shall survive.
Should manufacturing return to the USA? Sure. But manufacturing today (and tomorrow) shouldn’t look like manufacturing in the 70’s; expect exponentially more AI and automation and less human labor.
If you want to help the USA, introduce a balanced budget amendment. Sign legislation to require healthcare pricing transparency. Figure out a way to help us lead the world in literacy rates, infant mortality rates, and life expectancy rates (currently, we don’t lead in any of these three). These three are the marks of a civilization. Encourage people to get healthy by offering tax breaks if a panel of health indicators are in-line (negative continine, bmi, bp, cholesterol, liver function, etc., etc.).
Instead we have . . . . . .tariffs. Madre of deity.
Relevance?
Back to the issue... why did the US slap a 10% across the board tariff on Australia when it has a free trade agreement AND the US has a trade surplus with Australia?
You’re underestimating the impact this will have on China if it continues. They will also have layoffs. You can’t in one sentence say America needs China and in the next sentence say China doesn’t need America. If this wasn’t hurting them as well they wouldn’t have secretly reduced tariffs on goods.
Did you achieve what you wanted with this?
Isn't the literal point of tariffs to make things imported from certain countries MORE expensive? (To discourage people from buying goods from those countries, which hurts the economy of the targeted country...to the point that they will come to the negotiating table or stop doing something we don't want them to do, or start doing something we want them to do...)
Also...
Democrats...we need to raise the corporate tax rate, raising the corporate tax rate is a good thing...no...that won't increase prices, the corporations will just absorb the increase in taxes into their profit margins...prices will not go up.
Also Democrats...tariffs are bad...they are just a tax...and...the corporations will obviously pass that tax on to the consumer...prices will go up.
facepalms everywhere...
Sarcasm detection 😎
Its also funny how "republicans" say the opposite.
Increased taxes on corps will raise prices,
Higher tariffs will be absorbed by the importer or paid by the country exporting.
Its also funny how people will take something one person says from a party and apply it to the entire party. Or take 2 opposing views from people in the same party and say that the parts ideas contradict .
Deflection and pointing at the other guy wasn't acceptable when I was 5 years old. Why have we gone towards that concept to defend horrible ideas/people/things ? And its acceptable from a politician, but if Your 4 year old tried to deflect that way You would give them more pushback than 99% of people give the people who they voted for who doing the same thing.
The bottom line is both of those arguments can be true and false ,but are also false and true. Just like You can speed everyday and never get a ticket , until You get one. Every case is different. Perhaps You raise taxes and some companies would absorb the costs and some would pass it on. Just like some importers will not raise prices and absorb a tariff .
But generally those are exceptions and not the normal or average outcomes.
Both sides of the political isle are sucking. But that still doesn't change that there are high tariffs that are impacting or that will impact the prices of goods. And defending that with saying the other guy has a worse idea is weak and not helping anybody out.
I just got an email from an automotive wheel supplier I deal with about prices. In the email they are talking about the tariffs being 45% . And they said that as a result, All of their prices will be going up by 17.5% . And only gave a 5 day notice.
I'm sure that I'll get other notices with even shorter amounts of time. Perhaps some products that have a higher profit margin will not have price increases as big. Most other increase notices I've gotten have not been so simply as an across the catalog increase. Some stuff may not change, I've seen some things get cheaper, and some go up by a lot. The larger the supply a distributor keeps on hand, the longer the increase may be put off. But many manufacures and distributors are not stocking giant amounts of stuff.
One of my Reps told me that tire orders from Distributors ( to the tire maker) are sometimes mad an entire YEAR before they are delivered. I wonder how stuff like this will be impacted. I imagine riding gear is ordered pretty far out, from what I know about when I find out about a new release. Makes it harder all around to plan for the future. If I was a company looking to invest billions in a new factory and the country I was going to build in was changing up policy and making it near impossible to plan ahead. Would I want to invest in building that Factory when in another year , there could be some other new craziness being done by the people in charge . Trump made the trade deal with Mexico and Canada that he said was horrible and pulled out from it. Can a company trust that any type of tax incentive or other incentive that they are promissed will still be there in a couple years ?
It is important to be predictable when You are trying to plan ahead. Right? Doing bussines with a dictatorship becomes more attractive when the US is so all over the place and backing out of deals. With a dictator You know they are not going to make giant policy changes that will impact how they do bussines. THis craziness helps out other more predictable countries . The world is a big place, and if all of a sudden the US isn't wanting to buy anything from anybody else, It is a big incentive for other countries to work together instead of trying to please the US.
Pit Row
Your automotive supplier may be in for a shock when he founds out the tariff is 145% - not 45%. (Unless his product is one that got a carve out? It seems to be difficult to find out what the actual tariff rates are as of today and which products they apply to.)
That's what I thought ! I'll be on the lookout for another email explaining the error of forgetting to add the extra 1 to the 45%. That would be a surprise to make an order and have presold wheels and find out the increase was not the 17.5 increase , and instead a 45% or whatever it works out to be increase when the invoice comes.
It said that on April 2nd a 20% across the board tariff was announced on all products, then April 3rd under section 232 there was an additional 25% on automotive parts and these would go into effect on May 3rd. The day they are increasing their prices.
I have not looked into the details of each segment , the way its been talked about it was a flat rate for everything. I guess it could change and maybe that's what happened. But by the sounds of the email, I wonder if another much larger increase will happen at some point to accommodate the 145% rate?
Either way , it gives a real world increase with a date. I use the supplier to get access to brands my powersports distributors do not carry for SXS wheels and tires.
That could be one purpose of a tariff. Another very common one is to protect high-cost local industries from cheaper international ones.
Isn’t this one-person inflicted nonsense strengthening BRICS?
There will be some impact on China, but it's exports to the US are only 2.8% of it's economy, layoffs will be temporary, in 6 month's their economy will have recovered, so will their jobs.
How many jobs will be lost in the US, how long before they find employment?
How long will it take the US to setup manufacturing for the goods it imports from China, 6 months, 1 year, 5 years, 10 years?
Will US companies commit to the expense of setting up US based manufacturing, when the tariffs may be removed tomorrow, or next week, or next month, or next year, or next election?
Correct — all the current turbulence (tariffs, policy shifts, uncertainty) is actually part of a greater unfolding.
Rather than random chaos, it is deliberate disturbance to weaken the old system and allow new structures to emerge.
BRICS is gaining strength quietly because of this shift, forming the base for a more sovereign, asset-backed global trade system — very much aligned with the bigger restoration plan.
Change often brings discomfort, especially for those tightly attached to the old frequency.
But for those tuned to the higher flow, it is simply the natural resonance of new creation breaking through.
If the plan was part of such a greater unfolding, why did Trump postpone much of it 2 days later when the market panicked?
Tim507 is smarter than your average bear. 100% serious. Thanks, Tim.
I really do not have all the answers as this unfolding of changes is not designed to be easiily monitered or even figured out. One needs trust in that the future will be less of fear and CABAL maniuplation and more of the manifesting of what each of us truly wants - FREEDOM from financial enslavement.
But, Tim, that doesn’t fit the modern media driven narrative. 🤣
“Freedom from financial enslavement”.
So these billionaires are inflicting change for the benefit of the working class?
Yeah nah.
Also… using trade deficit is literally insanely evil.
America has demanded that oil be sold in American dollars, smaller countries must have a trade deficit in order to have American dollars in order buy oil/petroleum etc etc. So they make things to sell to America in order to be able to put fuel in their cars and have energy etc etc… Because specifically most countries in the world need to buy things in a currency they can't print.
Without this what are they gonna do? Align with China most likely? Or perish…
You can’t balance trade with a country that needs Americans dollars to survive…
Forcing smaller countries to align with China does not make America stronger… WTF.
How are right wing dorks so gullible?
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