Many of you claim companies like Nike (Peter uses this example) are really going to open new factories in the United States as an end run around tariffs considering the costs involved and the labor?
LMAO. Whatever.
Flame me. I dont care. A lot of what I see in the tariff threads are just mistaken beliefs. It's potentially a disaster.
I guess we have to check back in a few years on this one....
HOORAY President Trump!
libertarian swill. Please support President Trump.
Peter Shiff’s a self-interested hack.
i work directly in the import business.
yes, the tariffs have had an impact but since most of the products i import are from China and India, then we also squeeze the manufacturers to cut costs.
I had one product that was $150000 per kilogram from China. once the first round of 10% tariffs went into a effect a month or so ago, we squeezed our supplier on pricing. got the price down to $143000 per kg.
i know this is happening all over our industry
I’m not too concerned about sneaker manufacturers moving back to the USA. And some appliance and TV makers aren’t likely to either. I want heavy industry to to make a return. And I want to see new businesses consider the USA over other countries for start up. Equal tariffs. Why let others charge us more than we charge them?
What’s up with the Schiff family? Does the dummy gene travel in the Schiff bloodline? I hope not. I found a Schiff married to one of my relatives in Massachusetts. Crap.
He focuses on nike, and you take him seriously? Who cares about damn tennis shoes?
Flame you? Never. I been taught not to make fun of handicap people. So, I will virtually pat you on the head and say, "Good boy."
How about you stick to banging Chinese spies and leave economics to people who know something about the economy.
Tariffs are potentially a disaster. Can’t disagree with that.
But here’s another potential disaster: A country that manufactures very little of what it needs. Way back when Sam Walton started Walmart, he took pride in selling American-made products.
How many American-made products does Walmart sell these days? I looked it up. It’s less than 20%. Most of the rest comes from China.
If we’re not yet an economic colony of China, we soon will be. Teddy Roosevelt once said the worst thing you can do in a crisis is nothing. He was right.
Trump is doing something.
Strategic tariffs + less regulation + lower taxes. That just might work.
Once again. Tariffs are dangerous and destructive of the economy when we do them. When foreign countries do them somehow it’s different. And yes, they will make factories here. There was a factory not far from where I live that made Levi Strauss jeans until the globalism bull crap started. This will bring manufacturing back to America, or they can pay the price.
And even if it doesn’t bring a factory here, they can drop all their restrictive tariffs that keep the products we do make here out of their country. If tariffs were the bad as everybody said, other countries wouldn’t want them.
Hasn’t Schiff been predicting collapse for like 20 years now?
“CEO of Euro Pacific Asset Management”
Yeah, I can see where he is coming from! He doesn’t care about jobs in the USA. Only his personal wealth.
We’ve tried “Free Trade” for 60 years. Americans have gotten cheaper T-shirts. Shoes made by slave labor for Nike. Jobs fled overseas. “Free Trade” has been a massive failure - in part because only the USA has been willing to try it!
Like communism: When something has failed after 50-80 years of trying it, it needs to be rejected.
We’ll have to see as this hasn’t really been tried before.
The tariffs alone might not affect the change intended as much as the sentiment behind it. I think Trump has to resurrect the MADE IN AMERICA campaign of the 80’s. If people start purposefully purchasing American goods, then domestic production will feel valid and businesses will return.
If Vietnam and America both agree to just eliminate tariffs, then production will just stay in Vietnam.
“are really going to open new factories in the United States as an end run around tariffs considering the costs involved and the labor?”
Interestingly, that wasn’t a big problem when the removing the factories from America over to the pacific rim, Pakistan and India. The US government even literally subsidized companies moving factories out of the country. Maybe those same subsidies can be used to bring companies back. Free traitors love their cheap labor and the race to the bottom. And they don’t care about America, just the stock market.
“Many of you claim companies like Nike (Peter uses this example) are really going to open new factories in the United States as an end run around tariffs considering the costs involved and the labor?
LMAO. Whatever.
Flame me. I dont care. A lot of what I see in the tariff threads are just mistaken beliefs. It’s potentially a disaster.”
Ironic in a way. Take a few minutes and learn how Nike started and where. Then learn why a running shoe company named itself ‘Nike’. Hint: it’s Greek, and from a battle that ensured the States continued, about 27 miles from Athens. Take some time, it’s really a great story.
We can either be free, and produce and make goods, or we can be dependent of a communist dictatorships here and abroad. We the people have to make a hard choice. We may need a new production revolution, innovation.
LMAO, it’s time for the US to put up, or end up being the next France.
“CEO of Euro Pacific Asset Management”
Mark twain called this a corn pone opinion. Show me where a man gets his corn pone, and I’ll show you where he gets his opinion.
We have been in an economic collapse since January 20, 2021.
Shark Tank Kevin OLeary sees it MUCH DIFFERENTLY.
No, and that's not the point. That's the fallacy that globalists project as the false goal.
What will happen is that Vietnam will lower their tariffs and then companies in the United States with production already in place, will be able to sell more of their products in Vietnam.
If tariffs are so bad for the country that charges them, why have these countries had them against the United States for decades? without a peep from anyone in the Uniparty?