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Wiggo Send message Joined: 24 Jan 00 Posts: 34871 Credit: 261,360,520 RAC: 489 |
yawn |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30683 Credit: 53,134,872 RAC: 32 |
https://money.cnn.com/2018/09/19/news/companies/walmart-tariffs-trump-china/index.html Two weeks ago, Walmart asked the Trump administration to walk back its plan to put tariffs on Christmas lights, shampoo, dog food, luggage, mattresses, handbags, backpacks, vacuum cleaners, bicycles, cooking grills, cable cords and air conditioners. |
betreger Send message Joined: 29 Jun 99 Posts: 11362 Credit: 29,581,041 RAC: 66 |
Tariffs = higher wholesale and retail prices = inflation. That is by definition, that is not an opinion. The Fed is mandated by law to control inflation so higher interest rates will follow. Higher interest rates will throttle our debt burdened economy. The bubble will burst. |
Wiggo Send message Joined: 24 Jan 00 Posts: 34871 Credit: 261,360,520 RAC: 489 |
Yes, the picture does not look good. |
Wiggo Send message Joined: 24 Jan 00 Posts: 34871 Credit: 261,360,520 RAC: 489 |
Now do you understand what we've been trying to tell you for months on end Clyde? Your tariffs are only hurting yourselves as the rest of us are free trading around you, but this old fact that has been falling on some deaf ears. :-( |
Wiggo Send message Joined: 24 Jan 00 Posts: 34871 Credit: 261,360,520 RAC: 489 |
And you just can't admit your own country's part in triggering all this off (as well as many other things) let alone "fill in the negatives" about it, can you? |
Wiggo Send message Joined: 24 Jan 00 Posts: 34871 Credit: 261,360,520 RAC: 489 |
Cause and effect Clyde, cause and effect. ;-) |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
They are attempting, as Capitalist's, to supplant the Old Capitalist Country as the New Capitalist Controllers of you and all.Well well, finally an admission that Yanks only care about themselves & ANYONE that interferes with that are to be slapped down. Your own words are now coming back to bite your ass. Haven't owed any money, be it Mortgage, Cars, Credit Cards, etc. for many, many years.YOU only want America to have those opportunities, how selfish can one really get? |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Oh dear, you're slipping. How many times have you ranted at us for not providing the full quote? Tut tut tut. ARE you saying that America is not a Capitalist nation? |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Oh dear, you're slipping. How many times have you ranted at us for not providing the full quote? Tut tut tut. So either what you posted is a pack of lies, or you're a capitalist. Which is it? You can't be both for & against. |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Dear Sirius B... Our Investments over many decades are greater than our Inflation Linked Social Security and Pensions, which are not needed to live. Is that or isn't it, an attribute of a Capitalist? |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Looks good on paper... ...but Trump & his ilk should note the following: However, many economists don't think trade balances are primarily the outcome of trade policy - instead they reflect government borrowing, private investment and savings decisions and international capital movements.Funny way to clear the swamp. |
moomin Send message Joined: 21 Oct 17 Posts: 6204 Credit: 38,420 RAC: 0 |
And so far no mentions about the US tariffs on steel and aluminium imports from Mexico and Canada... |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
Probably mentioned in the "small print" in the USMCA. :-) |
W-K 666 Send message Joined: 18 May 99 Posts: 19080 Credit: 40,757,560 RAC: 67 |
Not so fast, is USMCA going to get through Congress, it is not going to voted on until next year, after it has been looked at by the Trade Promotion Authority legislation, including an analysis by the U.S. International Trade Commission. |
betreger Send message Joined: 29 Jun 99 Posts: 11362 Credit: 29,581,041 RAC: 66 |
Basic math NAFTA + Trumpian bluster = USMCA |
Mr. Kevvy Send message Joined: 15 May 99 Posts: 3776 Credit: 1,114,826,392 RAC: 3,319 |
The biggest impediment to this agreement was the dairy industry, who have been among the largest lobbyists for "supply management" ie extreme tariffs and subsidies. They are angry already at the concessions... Lessons for Canada from New Zealand’s dairy industry (note that this is from over two years ago and TVO is our Ontario government TV station, not a dubiously accurate "think tank") : Tiny New Zealand, with a population just one-eighth that of Canada, is on a quest to quench the world’s thirst for milk. Today milk is the country’s biggest export, and 95 per cent of what Kiwi farmers produce goes abroad, mostly to China. |
Gary Charpentier Send message Joined: 25 Dec 00 Posts: 30683 Credit: 53,134,872 RAC: 32 |
And south of the border https://www.ers.usda.gov/topics/animal-products/dairy/policy.aspx |
Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
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Sirius B Send message Joined: 26 Dec 00 Posts: 24879 Credit: 3,081,182 RAC: 7 |
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