American companies are hereby ordered to immediately start looking for an alternative to China,

Discussion in 'Economics' started by bbpp, Aug 23, 2019.

  1. S2007S

    S2007S

    More tariff hikes,!!!!!

    This will
    knock the markets down over 2% Monday morning!!!!!!!!!!!!!!!!!!!



    President Donald Trump will hike tariff rates on most imports from China in response to the latest shots in the trade war between the world’s two largest economies, he said Friday.

    The White House will raise existing duties on $250 billion in Chinese products to 30% from 25% on Oct. 1, the president tweeted. The tariffs on another $300 billion in Chinese goods, which start to take effect on Sept. 1, will now be 15% instead of 10%, he added.


    https://www.cnbc.com/2019/08/23/tru...ods-in-response-to-trade-war-retaliation.html
     
    #111     Aug 24, 2019
  2. themickey

    themickey

    I was reading not logged in as I have Overnight on ignore.
    After reading such nonsense coming from Overnight, decided to permanently block him, and you are correct LacesOut.
     
    #112     Aug 24, 2019
    LacesOut likes this.
  3. bbpp

    bbpp

    We have such a moron president who doesn't even know what he can do and what he can't.His IQ is lower than average adults.I mean average adults should know a president can't issue such an order.
    Why you trust him on anything such as a trade war?

    https://www.cnn.com/2019/08/23/politics/hereby-order-donald-trump/index.html

    The language Trump used sounds pretty official, right? "Hereby ordered!" It
    makes me think of a king reading a proclamation off of a long scroll!
    Here's the thing: Donald Trump can't order American business to do anything.
    There's a reason the business world is known as the "private sector" --
    because it's not owned or controlled by the government (aka the "public
    sector.") We don't have state-run industry (or media). The President of the
    United States can't "order" privately held business to do, well, much of
    anything.
     
    #113     Aug 24, 2019
    destriero likes this.
  4. destriero

    destriero

    He is functionally illiterate. Perhaps 85 IQ. He is also sundowning and likely has Lewy Body dementia.
     
    #114     Aug 24, 2019
    SunTrader likes this.
  5. destriero

    destriero


    lol genius... how much did Trump’s trade war cost our markets last week? A trillion in market cap. Luc, you should replace Lighthizer!
     
    #115     Aug 24, 2019
  6. themickey

    themickey

    https://www.smh.com.au/business/mar...e-us-firms-to-quit-china-20190824-p52kc2.html
     
    #116     Aug 24, 2019
  7. LacesOut

    LacesOut

    I guess the trade war makes the market stronger as evidenced by, you know, the market being higher than it was since it started.

    Oh and Why are you still posting here? You said you would disappear like a fart in the wind and send 10k and on and on.

    Oh and I’m not Luc, whoever your French butt buddy is.
     
    #117     Aug 24, 2019
  8. LacesOut

    LacesOut

    You used to argue with people who just light you up like a Christmas tree and expose your silliness?
    That doesn’t sound like fun.

    You mean the argument that you started which was totally incorrect and moronic from the beginning?
    This sounds retarded.

    Down 280 points? LOL. Are your points measured in paper or dollars?
    Sounds like no Sizzler for you on Friday.
    I hope things will turn around for you.
     
    #118     Aug 24, 2019
  9. smallfil

    smallfil


    What President Donald Trump gave to businesses is a suggestion. They can stay in China if they wish, however, the smart business owner sees the tariffs coming and moves his operations to other Asian countries. Problem solved. The cheap labor you get in China you pretty much can get in other Asian countries. As for IQ, President Donald Trump is smarter than you because he is a billionaire. How smart are you really when you do not have a simple grasp of economics? Your teacher failed you by passing you! And you would not be whining but, instead, cheering President Donald Trump if you understood what he is trying to. His economic policies will benefit Americans for generations to come! That means your children and grandchildren with more jobs and a more prosperous USA!
     
    #119     Aug 24, 2019
  10. bbpp

    bbpp


    He said "order" . not suggestion.
    Can you imagine if president orders his army to attack iran and the army officer say" are you suggesting me? Can I refuse to take your order?"
    LOL.

    You are even worse than him.
    I mean you are worse than a moron since you can't even read.
    Whoever wants to talk to you? You can't read, so whatever I say you would misunderstand.
    Don't reply to me again or I will put you on ignore.
     
    Last edited: Aug 24, 2019
    #120     Aug 24, 2019