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The Chicken Littles Are Hammering Trump on Trade, but Charles Payne's Truth Bombs Blow
Townhall.com ^ | March 5, 2018 | Scott Morefield

Posted on 03/05/2018 6:07:02 AM PST by Kaslin

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To: Alberta's Child

I heard on a talk show, a long time ago, that Boeing had to sell the equipment to China to make wings for 747s, if they wanted to sell any to China.

Probably from Rush, probably during the Clintons.


41 posted on 03/05/2018 8:31:03 AM PST by ROCKLOBSTER (The Obama is about to hit the fan.)
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To: ROCKLOBSTER
This is where U.S. manufacturers have to deal with foreign buyers that have a lot of leverage. China could easily tell Boeing to get lost, and could have their government-owned airlines buy their aircraft from Airbus instead.

The problem here is that this reality pushes many of these companies to support U.S. government policies that may not be in the best interests of the U.S. in the long run. Boeing, for example, was a huge advocate for the Obama administration's Iran deal -- because as part of the deal the Iranian government would agree to buy aircraft from Boeing instead of Airbus.

Globalism isn't just a trade issue ... it's a geopolitical issue with major ramifications across the board.

42 posted on 03/05/2018 8:35:13 AM PST by Alberta's Child ("Go ahead, bite the Big Apple ... don't mind the maggots.")
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To: Kaslin

Note it is the huge multinationals that are most vociferous against tariffs because the Apples, Boeings, etc have been net beneficiaries of having their products manufactured overseas and are able to trade with more fluidity with the world. The give up is for the small benefit multinationals obtain which is an infinitesimal part of our economy the rest of out economy where the growth is, i.e, small and medium sized companies have their products locked out of China and other trade partners taking advantage of us.If the threat of tariffs get these nations to open up to the rest of our economy for exports we will be huge beneficiaries.


43 posted on 03/05/2018 8:36:48 AM PST by chuckee
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To: Alberta's Child
China could easily tell Boeing to get lost, and could have their government-owned airlines buy their aircraft from Airbus instead.

No, they'll just continue building them themselves.

That's not the only thing, it seems almost anything we want to "sell" in China needs to be manufactured there. Many auto parts including complete GM 3.4L V6 engines are imported from China.

44 posted on 03/05/2018 8:43:45 AM PST by ROCKLOBSTER (The Obama is about to hit the fan.)
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To: Kaslin

Is there a reason that the IMF, even exists, why does the US contribute to it and why is it even in the US?

Nothing but global socialist that have lapdogs in Congress kissing their ass.


45 posted on 03/05/2018 9:44:40 AM PST by qaz123
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To: Kaslin

Just wait until someone invents Readen steel...


46 posted on 03/05/2018 11:07:21 AM PST by Popman
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To: Popman

Rearden steel


47 posted on 03/05/2018 11:07:59 AM PST by Popman
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To: WayneS
If it is upsetting Big Business, top globalists, the IMF, the GOP Establishment and liberal Democrats
then it is most likely a good thing for the People of the United States.

My name's General Bullmoose and I do not approve this message!

48 posted on 03/05/2018 3:58:45 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: zerosix

...and thirds; too.


49 posted on 03/05/2018 3:59:28 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Tench_Coxe
"Anheuser-Busch, the largest beer maker in world, said the plan would “put jobs at risk and would be against the US consumer."


Oh NOES!!!

With approximately a half-ounce of aluminum per can, or 32 cans per pound, that makes each one worth about 1.7 cents.

Sep 7, 2017


Beverage makers Molson Coors Brewing and Heineken sent a letter to Trump last month about the potential tariff, noting that it will likely cause beer and other drink producers an extra $256 million annually because of higher costs for their aluminum cans.
 
 
 
 
Molson Coors Brewing             Revenue US$4.8 billion (2016)
 
So, if it were Molson ONLY absorbing this 'cost' it would equal about 0.005% increase.   Truly a job killer!!
 

Heineken    (But we don't do this any more...)

 

Price fixing convictions[edit]

On April 18, 2007 the European commission fined Heineken €219.3m, Grolsch €31.65m and Bavaria €22.85m for operating a price fixing cartel in the Netherlands, totalling €273.7m. InBev, (formerly Interbrew), escaped without a penalty because it provided "decisive information" about the cartel which operated between 1996 and 1999 and others in the EU market. The brewers controlled 95% of the Dutch market, with Heineken claiming a half and the three others 15% each.[33]

Neelie Kroes said she was "very disappointed" that the collusion took place at the very highest (boardroom) level. She added, Heineken, Grolsch, Bavaria and InBev tried to cover their tracks by using code names and abbreviations for secret meetings to carve up the market for beer sold to supermarkets, hotels, restaurants and cafes. The price fixing extended to cheaper own-brand labels and rebates for bars.[33]

In 2004 Heineken and Kronenbourg (then part of Scottish and Newcastle), the two dominant brewers in France, were fined €2.5m - with the penalty reduced for co-operating.[33]

This is simply unacceptable: that major beer suppliers colluded to up prices and to carve up markets among themselves[33]
 

50 posted on 03/05/2018 4:17:19 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: cpdiii

HUSH!

We don't want the innumerate to find this out!!

51 posted on 03/05/2018 4:18:19 PM PST by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: DainBramage
Nobody mentions that American steel is far superior, welds up much better, and passes exray at a much better rate. In the long run less expensive.

BINGO!! We have a winner!
You are the first person who has mentioned this, besides my yelling at the TV. People just don't seem to understand that all steel is not equal.

I promise everyone, that if you were to talk to a maintenance superintendent at a large mine, and suggest that the next CAT D11 tractor was going to come from Brazil, made with Brazilian steel, he would have a stroke!

52 posted on 03/05/2018 4:28:14 PM PST by Cuttnhorse (Never fear the cow)
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To: Kaslin

Love him or hate him, Charles is usually solid on his arguments.


53 posted on 03/05/2018 4:31:29 PM PST by CodeToad (Dr. Spock was an idiot!)
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To: Blue Collar Christian
PDJT is playing Chess while the hand-wringers in the media, the GOP-E and Globalists are playing Checkers.

Is PDJT really going to start a trade-war with a country that we get about 2% of our steel from (China) or is PDJT showing Canada and Mexico where we get a substantial amount of steel from that he's serious about re-negotiating NAFTA?

Answer: NAFTA. Canada and Mexico are on notice that NAFTA is really in danger. The liberal handwringers are missing this completely.

54 posted on 03/05/2018 7:51:05 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: zerosix

Bolin is doing something better now...he is concentrating on getting the OPIOD DISATER message out to everyone.....better than being a nothing on The Five!


55 posted on 03/06/2018 3:44:06 AM PST by Ann Archy (Abortion....... The HUMAN Sacrifice to the god of Convenience.)
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To: Kaslin

You can judge the rectitude of the tariff by the collection of anti-American freaks opposing it.


56 posted on 03/06/2018 6:31:47 AM PST by ZULU (Success is not final, failure is not fatal: it is the courage to continue that counts. - WC)
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To: usconservative

The handwringers know the score, they are lying to the idiots who pay attention to the MSM for the benefit of the globalists.


57 posted on 03/06/2018 11:02:09 AM PST by Blue Collar Christian (We Arizonans need to get rid of McCain/Flake as all of us pray for Trump.)
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To: Kaslin

If US tariffs are bad for the US economy, why is no one discussing why country X’s current and retaliatory tariffs are bad for X’s economy?

http://freerepublic.com/focus/news/3669470/posts?page=5#5

Thanks to: kosciusko51 for this anti tarriff shredding reality!


58 posted on 07/09/2018 11:15:26 AM PDT by Grampa Dave (Trump: "Families of American citizens murdered by illegals are permanently separated from them!)
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