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China strikes back with tariffs on $60 billion of US goods

mtnlife77

Posted 8:26 pm, 09/18/2018

http://ir.sandersonfarms.co...nce-damage
Meanwhile chicken prices are going up because of this ordeal, but this hurricane was Trump's fault to because he grabbed a woman's yahoo back years ago......but who's noticing anything else......hahahahahaha Toodilooo toooodilaaa #MAGA

therealelkin

Posted 8:21 pm, 09/18/2018

Yep up 60 points

backwater

Posted 4:45 pm, 09/18/2018

Really affected the NYSE today .

smonk

Posted 4:08 pm, 09/18/2018

As trade tensions between the U.S. and China heat up, expect to pay for it at the cash register.

“Every time this trade war escalates, the risk to U.S. consumers grows,” Matthew Shay, president and CEO of the National Retail Federation, said in a statement. "With these latest tariffs, many hardworking Americans will soon wonder why their shopping bills are higher and their budgets feel stretched."

As of the latest tally, the tariffs will mean higher prices on things like frozen orange juice, shampoo, peanut butter and tools.

“At a time where wage growth has been limited, every dollar counts and price inflation means fewer dollars consumers have left to spend somewhere else,” said Greg McBride, chief financial analyst for Bankrate.com.

New tariffs of Chinese imports will force Americans to pay more for items they use throughout their daily lives, from cradles to first bicycles and wedding dresses to coffins.

Jimbojolly

Posted 3:55 pm, 09/18/2018

Looks like Sargy should be in Washington negotiating our new trade deals, but he may be too busy consulting with Kavanaugh and Manafort.

hangsleft

Posted 3:41 pm, 09/18/2018

WASHINGTON �" A White House economic analysis of President Trump’s trade agenda has concluded that Mr. Trump’s tariffs will hurt economic growth in the United States, according to several people familiar with the research.
Republican lawmakers and many economists have been warning that the administration’s trade approach will undercut economic growth and partially offset any boost from the $1.5 trillion tax cut that Congress passed and Mr. Trump signed last year.
And last year, a group of former Council of Economic Advisers chairmen from both political parties wrote a letter to Mr. Trump urging him not to move ahead with steel tariffs, warning that “tariffs would raise costs for manufacturers, reduce employment in manufacturing, and increase prices for consumers.”
https://www.nytimes....rowth.html

Therealelkin

Posted 3:32 pm, 09/18/2018

I wish they would jack the tariffs so high on imports that it would only make since to buy American. Bring the manufracting back home where it belongs. How different would this county be if all the big factories from the 1980s were still producing stuff in the US. Trump is by far the greatest president we have seen in modern times. Only an idiot looking to continue buying cheap Chinese crap at Walmart would possibly think that bigger taxes on imports is a bad thing.

Ole Sarge

Posted 3:01 pm, 09/18/2018

I did not say I purchased. I didn't

I negotiated with them on manufacturing and distribution. (If that is any on you business)

hangsleft

Posted 2:58 pm, 09/18/2018

Sarge, when purchasing from China what SAP system do you use?

Ole Sarge

Posted 2:48 pm, 09/18/2018

How many of you armchair business leaders have ever dealt directly with China? Evidently not many or you would have a better understanding how their business model contrast with ours. They steal, lie and cheat worse than Arabs. I guess you wish Trump would have drawn some red lines or maybe rented out the Lincoln bedroom to them .

hangsleft

Posted 2:22 pm, 09/18/2018

Hillary is a murderer (view profile)

Posted 2:14 pm, 09/18/2018

Have I hurt your feelings Hangs?

Not even a little. I just feel sorry for your family.

aFicIoNadoS

Posted 2:21 pm, 09/18/2018

No one has ever called used **** of being understanding or sensitive. His racism and misogyny are always on full display

Hillary is a murderer

Posted 2:14 pm, 09/18/2018

Have I hurt your feelings Hangs?

chendo

Posted 2:14 pm, 09/18/2018

"worse than a woman"


****! That's not sexist!

hangsleft

Posted 2:10 pm, 09/18/2018

HIAM if you wanted to leave this world better for your grandkids, you'd be a nicer person.

Hillary is a murderer

Posted 2:08 pm, 09/18/2018

I know you selfish libtards don't care but I would like to leave this country in better shape than it has been for my kids. If it means for a short period of time I have to pay a little more for our goods so that in the long run, our kids will have fairer international trade I'm all for it.


This points out one of many differences between a liberal and a conservative. Conservatives think long term, libtards want instant gratification and only care about the short term.

hangsleft

Posted 1:59 pm, 09/18/2018

I know when you charge more for a product to come in that product will go up in price. I know that if US companies believe they have you by the nuts because of tariffs the price will go up.

WalMart will have to change its slogan.

aFicIoNadoS

Posted 1:57 pm, 09/18/2018

It’s entertaining to watch you foreign policy experts expressing your ideas

pokerthug

Posted 1:56 pm, 09/18/2018

Ole Sarge

Posted 12:45 pm, 09/18/2018

They have found another crack in the walk outside. Grab your pennies and go play. You know absolutely nothing about international trade. BUY AMERICAN


lol, from a frigging moron who thinks going to winston is traveling.

1goddess

Posted 1:52 pm, 09/18/2018

"BUY AMERICAN", isn't going to help you this time...as the article states...even American made products and produce will rise in prices at the consumer level granted probably not as high as the Chinese products...but prices all across the shelves are going to rise.

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