Trump's new tariff threat could make iPhones, toys and shoes more expensive

OMG! Say it ain't so! The horror! Toys and iPhones and tennis shoes? Not to mention televisions and fitness trackers! This is shaking my world to the core and we have to stop Trump from dragging us into this consumer HELL!
Grow a pair America. Sheesh

"About three-quarters of the toys sold in the United States are made in China, including the top-selling L.O.L. Surprise dolls, said Toy Association President Stephen Pasierb."
"A long list of consumer electronics could also end up being hit by new tariffs, including smartphones, computers, televisions, fitness trackers, Bluetooth wireless headsets and even drones,"

https://www.cnn.com/2019/05/09/business/iphones-toys-china-tariffs/index.html

 

Trump could have just let this ride (the easy option taken by his predecessors), and kept the country on a trajectory down to bones and ash, a slow death by consumerism.

Better to have American citizens working again and paying taxes instead of sucking a teat that will run out.

 

The one observation that liberals always ignore here is, they are the folks who always demand we recognize that they represent the best interests of the workers. Which turns out to be utter toss, but they still blather that. So, when it's other nations workers, they just stop caring. Folks in China slave away in assembly plants, and not a whisper from the left about it, they, and their constituents, just demand that their smug devices cost them just a little less than had the corps that produced their smug toys paid their workers in the fashion that liberals would have demanded in this country.

Which simply tells us unflattering things about the liberal agenda here in this country. A) the desire to drive wages to the point where icky things like manufacturing or industry has to move to other parts of the world so it doesn't stain the view, or muss up their back yards. B) slave level wages and conditions for other workers in other nations doesn't actually concern them. China rocks in their collective, and if only they could get that done in the US....

And that's where we are. The democratic party aren't in it for the little guys, the workers, they never have been.

 

The tariffs are not good. He’s playing a game of chicken that could trigger a world wide economic collapse. This is a no-win scenario. It makes me question the man’s sanity.

 

China has its claws into America

Do you have a better idea than tariffs make them back off?

 

And the eunuch crowd is heard from.

 

that's hilarious

 

that's funny

 

In a sad sort of way it is.

 

The real game of chicken is folks, like you, who fear annoying the producers of your cheap consumerism. Why don't folks, like you, support the value of intellectual property? There is a win here, you just are unable to perceive it.

 

You understand that markets and international business aren't exactly fond of this kind of instability, right?

Save a game of "chicken" for backroads.

 

Well, we survived the massive recession triggered by his election and the nuclear war he started with NK. We will muddle through a world wide economic collapse.

 

The US Chamber of Commerce is telling us that tariffs are a stupid ****ing idea--are they "eeeevil libruls!!!"?:

https://www.uschamber.com/tariffs

Tariffs on steel, aluminum, and Chinese imports, as well as the potential for additional tariffs on autos and auto parts, have pushed us into an emerging global trade war. Canada, Mexico, the EU, and China have already retaliated—or announced plans to retaliate—with billions of dollars in tariffs on American-made products.

Millions of U.S. jobs depend on America’s ability to trade with other countries. Half of all U.S. manufacturing jobs depend on exports, and one in three acres of American farmland is planted for international sales. But recent and proposed trade actions by the Trump administration threaten as many as 2.6 million American jobs and will stymie our economic resurgence.

Imposing tariffs on imported goods will hit American consumers and businesses—including manufacturers, farmers, ranchers, and technology companies—with higher costs on commonly used products and materials.

The US should focus on certain issues and enlist the help of our trade partners, not impose dimwitted tariffs:

https://www.brookings.edu/blog/orde...s-on-china-trade-right-target-wrong-approach/

 

Let's exaggerate his incompetence, thereby making him not look as stupid as he is. Good approach!

 

You say that like you actually might know something about it.. Markets recover too. Don't lose sight of that. Also, don't lose sight that instability is the mother of real wealth in markets. Being blind to that seems to entirely undercut your credibility.

 

The Chamber, along with much of American business CEOs lacks long-term vision

They mortgage the future so as to live it up today

 

Well, seeing as Trump's tariffs are economically destructive, represent a complete misunderstanding about what trade deficits actually are, and are completely unconstitutional, I'd say let's ditch them.

 

its about everything increase by 25%, which mean ppl spend less, which in turn means company start lay off due to less profit, which in turn slow down economy its a vicious cycle. furthermore our trade deficit increase after the tariff.

 

What's been exaggerated is all the doomsday predictions of trump policies that have done the exact opposite of the dire predictions from the left.

 

But Bonespurs does? He's the very picture of a guy who doesn't plan the next day, let alone months or years ahead.

 

Everything we use is manufactured in China? Gee I wasn't aware of that and if it were true we definitely need to fix that which makes the tarrif an even better idea.

 

I do know something about it. BTW, you're not very good at this condescending routine. Especially when you're addressing me.

So, because "markets recover", it's a good approach to shoot ourselves in the foot with misguided trade wars? Explain to me how "markets recover" if the Chinese find different suppliers for things like soybeans.

 

Like what?

The brilliant tax cut legislation comes immediately to mind. ...

 

What's economically destructive is continuing policies that send US jobs to China and letting them steal our intellectual property and feeding their military machine with our dollars.

 

We have been shooting ourselves in the foot for decades and it's time to stop doing that. Negotiating a better trade deal with China is how you do that. They have declared economic war on us and we have to start fighting back.