Trump tariffs cause Ford to order layoffs

Discussion in 'Economics & Trade' started by Jimbo11, Oct 9, 2018.

  1. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    That you continue to make no sense is a given. Intra-industry trade guarantees that American industry is hurt. Trade wars guarantee economic destruction.

    Now Trump is clearly an idiot. But its Nationalist herd that allows the idiocy.
     
  2. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    American nationalism is the last best hope for freedom on earth. I agree with you that Europeans and others should not be nationalist given their long history of pointless slaughter.
     
  3. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Why do you think nationalism typically goes hand in hand with a lack of education and support for the ridiculous?
     
  4. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    not at all recent NA deal insures that more is made in NA and especially America. Thank you Donald!
     
  5. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    Dear, China has had 30 years of 8% growth. We would not call that economic destruction. 1+1=2
     
  6. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    Supporting America is supporting civilization on earth. Is that ridiculous?
     
  7. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    That trade wars guarantee economic destruction is a matter of fact. Your nationalism makes your stance more ridiculous every day.
     
  8. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    You didn't answer the question. Why do you think nationalism typically goes hand in hand with a lack of education and support for the ridiculous?
     
  9. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    clearly!! 4.2 GDP, 97% employment with more blacks and women employed than ever before , and peace with N.Korea while that last liberal goon had worst economic record in American History!!
     
  10. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    Good point, well made!
     
  11. ocean515

    ocean515 Well-Known Member Past Donor

    Joined:
    Jul 20, 2015
    Messages:
    17,908
    Likes Received:
    10,396
    Trophy Points:
    113
    Gender:
    Male
    More bullshit misrepresentations squeezing from the orifice of MSNBC, and eagerly swallowed by it's target audience.

    http://fordauthority.com/2018/10/re...r-companys-70k-strong-white-collar-workforce/

    (Excerpts - Emphasis Added)

    Oct 8, 2018 ​

    Ford Motor Company is planning to “redesign” its white-collar workforce, laying off an unknown number of its 70k white-collar employees, according to NBC News. While “redesigning” its workforce sounds entirely euphemistic, Ford CFO Bob Shanks says the restructuring will be aimed more at “making different choices about strategy” than cutting costs. Ford wants its white-collar workforce to have less hierarchy and deliver more decision-making privileges to employees, the automaker says.

    The number of employees that could be cut as a result of Ford’s global restructuring is unknown, but NBC News reports that Morgan Stanley anticipates a “global headcount reduction of approximately 12 percent.” That would equate to roughly 24k of Ford’s 202k employees and hourly workers worldwide.

    Many of those layoffs could come from Ford’s European and South American businesses, which are currently costing the automaker billions of dollars annually. Ford Executive Chairman Bill Ford said in May that investors ought to anticipate some “fairly large” changes in those markets as the automaker attempts to cut its losses and improve its financial fitness.

    Of course, many of the layoffs could also come from North America, where the Blue Oval has taken a hit from U.S. President Donald Trump’s trade actions. New tariffs on imported steel and aluminum have already cost Ford Motor Company to the tune of $1 billion, CEO Jim Hackett says; even though Ford primarily uses metals that are produced domestically, prices have gone up as a result of the new import duties.
     
  12. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    supporting America shows high education!
     
  13. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    clearly!! 4.2 GDP, 97% employment with more blacks and women employed than ever before , and peace with N.Korea while that last liberal goon had worst economic record in American History!!
     
  14. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    You keep dodging. Why does nationalism and a lack of education go hand in hand?
     
  15. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    and liberal treason shows high education?
     
  16. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    I didn't asked you to blubber. Answer my simple request: Why does nationalism and a lack of education go hand in hand?
     
  17. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    why do treason and liberalism go hand in hand?
     
  18. Reiver

    Reiver Well-Known Member

    Joined:
    Sep 24, 2008
    Messages:
    39,883
    Likes Received:
    2,144
    Trophy Points:
    113
    They don't, but clearly you aren't able to answer my simple question. That's useful in itself mind you, given your nationalism.
     
    BillRM likes this.
  19. BillRM

    BillRM Well-Known Member

    Joined:
    May 8, 2016
    Messages:
    6,792
    Likes Received:
    1,704
    Trophy Points:
    113
    Gender:
    Male
    We created the free world all by ourselves!!!!!!!!!!

    Amazing indeed what can happen to a person who watch too much fox network and do not read history books.

    As Trump stated he just love the poorly educated.

     
    Reiver likes this.
  20. Battle3

    Battle3 Well-Known Member

    Joined:
    Oct 14, 2013
    Messages:
    16,248
    Likes Received:
    3,012
    Trophy Points:
    113

    Ford made the decision to drop passenger cars long before tariffs were even mentioned by Trump. Those types of corporate decisions (a decision which fundamentally restructures the company from top to bottom) take a long time (years) to go from proposal to final decision.
     
  21. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    what I think started happened 30 years ago was that the Japanese were killing us in car. Then, they started doing same in light trucks. But that time liberal govt stepped in and imposed huge tariffs light truck imports which enabled American trucks to survive, unlike passenger cars.
     
  22. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    Pretty much. Who do you think was our biggest helper? I wonder why the liberal is so afraid to say?
     
  23. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    poorly educated? Can you provide obvious example and tell us why you think it's an obvious example! Do you dare try?
     
  24. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    in America they do. Our liberals hate America so are anti nationalist traitors
     
  25. james M

    james M Banned

    Joined:
    Jul 10, 2014
    Messages:
    12,916
    Likes Received:
    858
    Trophy Points:
    113
    American nationalism is good while German Nazi nationalism is bad. Too subtle for you?
     

Share This Page