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Old 05-15-2019, 11:00 AM   #81
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Re: Tariffs And Trade Battle - Thoughts?


It isn't just trade practices, internet interception, computer hacking, etc whittles away some of our advantage.
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Old 05-15-2019, 11:13 AM   #82
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Re: Tariffs And Trade Battle - Thoughts?


I'm sure we do just as much.
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Old 05-15-2019, 11:28 AM   #83
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Re: Tariffs And Trade Battle - Thoughts?


Go research China and the Panama Canal. The US(politicians) have been giving away the store for years. Probably to feather their own nest for the most part. There are some Pols and people that believe a NWO, one world government is the way to go but that will never work. Too many cultures, religions, etc.

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Old 05-15-2019, 12:26 PM   #84
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Re: Tariffs And Trade Battle - Thoughts?


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I'm sure we do just as much.
Last I knew, even the French had a bigger program for stealing industrial info.
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Old 05-15-2019, 06:28 PM   #85
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Re: Tariffs And Trade Battle - Thoughts?


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Part of an article on how we gave away and are giving away the store to China.

The United States normalized relations with the People's Republic of China in 1979 and gave it most-favored-nation status the next year, according to CRS. In 1985, the first year for which the Census Bureau has published U.S.-China trade data online, the U.S. ran a $6,000,000 merchandise trade deficit with China. That equaled approximately $13,791,382 in December 2018 dollars (adjusted using the Bureau of Labor Statistics inflation calculator).



In 2018, according to the Census Bureau, the U.S. ran a $419,162,000,000 merchandise trade deficit with China.
That means that in inflation-adjusted dollars, our merchandise trade deficit with China was 30,393 times bigger last year than it was 33 years before then.
Who is winning this competition?
In January 1980, the year we extended most-favored-nation status to the People's Republic of China, there were 19,282,000 Americans employed in manufacturing, according to the Bureau of Labor Statistics. This January, there were only 12,826,000. As our population and economy grew, we lost 6,456,000 manufacturing jobs.
At the same time America was losing manufacturing jobs, Americans who did not attend college were losing income.

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In 1980, according to the Census Bureau Table H-14, American households where the householder was 25 and older and had finished four years of high school but not attended college had a median income of $55,777 in constant 2017 dollars.
In 2017, according to Table H-13, households where the householder was 25 and older and had graduated from high school but not attended college had a median income of $44,970 in constant 2017 dollars.



From 1980 to 2017, the real median income of households headed by Americans who completed high school but did not attend college dropped by $10,807 -- or about 19.4 percent.
Those American householders now have little hope of getting a job assembling an iPhone -- unless they can somehow get a Chinese work visa and move to Zhengzhou.
And even if they were to do so, as The New York Times reported, they would join a workforce whose wages start at $3.15 per hour.
The U.S. Constitution united the American people in a vast free-trade zone that was coterminous with our international borders. It gave Congress the power to impose duties on foreign imports.
It did not envision creating a free-trade zone between this free republic and a People's Republic.
This backs up what I said in my earlier post.
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Old 05-15-2019, 06:35 PM   #86
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Re: Tariffs And Trade Battle - Thoughts?


A few times in this thread it has been said that we need to bring jobs back to the U.S. Who's going to work at these jobs? We all complain that we can't find good help. The manufacturing sector isn't any better off than us. Upwards of 50% of applicants can't pass a drug test. The other 50% doesn't want to work.
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Old 05-15-2019, 06:44 PM   #87
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Re: Tariffs And Trade Battle - Thoughts?


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A few times in this thread it has been said that we need to bring jobs back to the U.S. Who's going to work at these jobs? We all complain that we can't find good help. The manufacturing sector isn't any better off than us. Upwards of 50% of applicants can't pass a drug test. The other 50% doesn't want to work.
100% huh... interesting... The manufacturing jobs that have been filled that were supposedly never coming back, would argue against that... how did they fill those?

Do you think people just walked into manufacturing jobs in the past?

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Old 05-15-2019, 07:00 PM   #88
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Re: Tariffs And Trade Battle - Thoughts?


Toolmaker Stanley Black & Decker brings new plant and hundreds of jobs to North Fort Worth



https://www.dallasnews.com/business/...rth-fort-worth


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Old 05-15-2019, 07:19 PM   #89
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Re: Tariffs And Trade Battle - Thoughts?


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Toolmaker Stanley Black & Decker brings new plant and hundreds of jobs to North Fort Worth



https://www.dallasnews.com/business/...rth-fort-worth


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Old 05-15-2019, 07:28 PM   #90
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Re: Tariffs And Trade Battle - Thoughts?


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100% huh... interesting... The manufacturing jobs that have been filled that were supposedly never coming back, would argue against that... how did they fill those?

Do you think people just walked into manufacturing jobs in the past?
Local manufacturers that I know the owners personally. Could be a local issue, This isn't Mayberry RFD anymore.
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Old 05-15-2019, 07:56 PM   #91
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Re: Tariffs And Trade Battle - Thoughts?


Amazon.com, Inc. (NASDAQ:AMZN) put out a press release on Jan. 12 announcing it will be embarking on an ambitious hiring spree.

According to Amazon, it will be creating 100,000 new jobs for American workers over the next 18 months.

More importantly, these are not part-time or casual positions. Amazon says its hiring spree will add 100,000 full-time U.S. jobs, with full benefits. Positions will range from entry-level jobs at Amazon’s fulfillment centers to engineers and software developers, and they will be located all across the country.




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Old 05-15-2019, 07:59 PM   #92
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Re: Tariffs And Trade Battle - Thoughts?


Ford Motor Company (NYSE:F) had been planning to build a $1.6 billion factory in Mexico.

Instead, the company announced it was cancelling the Mexican car factory and added that it would invest $700 million to expand its Flat Rock Michigan factory. The money will go toward manufacturing high-tech electric, hybrid and autonomous cars and adds 700 U.S. jobs.

President Trump had singled out the planned new Mexican plant for criticism prior to the election, but Ford says the decision to kill it was based primarily on declining demand for the smaller automobiles that the plant would be produced.

Either way, that’s more American workers and one less foreign factory investment for the country’s second largest auto maker.

International Business Machines Corp. (NYSE:IBM) has spent years transitioning its business away from PCs and into IT services. Along the way, it has jettisoned thousands of U.S. workers in favor of hiring support staff based in countries where labor is cheap, such as India.

In May 2016 the company announced another round of U.S. layoffs, described by employees as “massive.”

But by the end of the year IBM’s strategy had changed, in dramatic fashion.

In December, IBM CEO Ginni Rometty announced her company had plans to invest $1 billion in the U.S. over the next four years, and that it will be filling 25,000 new U.S-based positions.

Wal-Mart Stores Inc (NYSE:WMT) claims to be the largest private employer in the country, with nearly 1.5 million American workers.

The company previously announced a $6.8 billion capital investment plan back in October, but this week — in the spirit of President Donald Trump’s calls to create U.S. jobs — Walmart put out a press release outlining details as part of its “2017 goals for American job growth and community investment.”

Look for Walmart to hire 10,000 new retail employees. In addition, the company estimates that the construction or remodeling of stores, distribution centers and other facilities will support a further 24,000 construction-related jobs.

Sprint Corp (NYSE:S) has been rather vague about the details of its plans, but the company insists that it will be responsible for 5,000 new U.S. jobs.

Sprint made the initial announcement in December. It confirmed that the 5,000 new positions were in addition to 5,000 hires it had announced in April — that earlier deal included the opening of new stores plus a fleet of vehicles for delivering smartphones to customers.

It’s possible that some of these 5,000 positions will work for contractors instead of directly for Sprint, but whoever ultimately signs their paychecks, they will be American workers.

Count Lockheed Martin Corporation (NYSE:LMT) among the companies committing to hiring more American workers.

The CEO of the aerospace and defense contractor met with President Donald Trump last week. After the meeting, Lockheed Martin announced that besides lowering the cost of the F-35 fighter jet, the company will hire an additional 1,800 workers at the Texas plant where the airplane is built.

In addition to the direct hires, Lockheed Martin pointed out the ripple effect that it expects will create “thousands and thousands” of supply chain jobs across the U.S.

Yet another auto manufacturer is planning to hire more American workers in the near future, but this one’s a foreign company: Hyundai Motor Co (OTCMKTS:HYMLF).

The South Korean auto maker announced it will boost its spending in the U.S. by 50% over planned levels, spending $3.1 billion over the next five years.

That money will go to retooling Hyundai’s existing U.S. factories and research into high-tech systems such as autonomous vehicles. Hyundai said it is also considering building a new factory specifically to build premium vehicles for the U.S. market.

The company didn’t give specific number for job creation, but with that kind of expenditure — and the possibility of a new factory — it’s definitely going to be more jobs for American workers.

General Motors Company (NYSE:GM) put out a press release touting planned and past investments in its U.S. operations, including an additional $1 billion to spent on manufacturing this year.

GM says the $1 billion will be spent on “multiple new vehicle, advanced technology and component projects” and will result in 1,500 new or retained jobs.

450 of those will move from Mexico to Michigan when GM “insures” pickup and SUV axle production.

Making a point of past investments, GM says it has spent over $21 billion on its U.S. operations since 2009, including $2.9 billion in 2016. Those moves it says have resulted in over 25,000 new U.S. jobs in the past four years — including 6,000 in manufacturing.

There were some stumbling blocks recently — for instance, GM announced the layoffs of over 1,200, people at a Lordstown, Ohio, plant. But GM says ongoing insourcing of its IT needs, engineering streamlining and growth in its financial services division will pay off in an additional 5,000 new U.S. hires over the next several years.

A division of United Technologies Corporation (NYSE:UTX), Carrier announced in February 2016 that it was shuttering a furnace and heating equipment plant in Indianapolis, sending its 1,400 jobs to Mexico. Then campaigning to be the Republican presidential candidate, Donald Trump seized on the move as being a classic example of free trade agreements costing American workers their jobs.

The situation made even bigger headlines at the end of November when President Trump announced he had reached a deal with Carrier to keep 1,000 of those jobs in Indianapolis.

That’s not quite the same as hiring, but the deal did bring 1,000 jobs back to America and kickstarted a high-profile movement among companies — like Ford and Walmart — that are anxious to be seen as part of the growing movement to create U.S. jobs.

https://www.google.com/amp/s/investo...o-america/amp/



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Old 05-15-2019, 08:00 PM   #93
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Re: Tariffs And Trade Battle - Thoughts?


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Local manufacturers that I know the owners personally. Could be a local issue, This isn't Mayberry RFD anymore.
You weren't referencing local manufacturers but the manufacturing sector and the US in general...

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A few times in this thread it has been said that we need to bring jobs back to the U.S. Who's going to work at these jobs? We all complain that we can't find good help. The manufacturing sector isn't any better off than us. Upwards of 50% of applicants can't pass a drug test. The other 50% doesn't want to work.
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Old 05-15-2019, 08:04 PM   #94
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Re: Tariffs And Trade Battle - Thoughts?


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A few times in this thread it has been said that we need to bring jobs back to the U.S. Who's going to work at these jobs? We all complain that we can't find good help. The manufacturing sector isn't any better off than us. Upwards of 50% of applicants can't pass a drug test. The other 50% doesn't want to work.
Well that means passable applicants are worth that much more. Good thing for the workers bottom line.
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Old 05-15-2019, 08:19 PM   #95
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Well that means passable applicants are worth that much more. Good thing for the workers bottom line.
Like most things in life, you pay more for quality...
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Old 05-15-2019, 08:31 PM   #96
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Re: Tariffs And Trade Battle - Thoughts?


The quality bar is getting lower and lower. Showing up for work and not being high is a qualification now
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Old 05-15-2019, 09:08 PM   #97
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Re: Tariffs And Trade Battle - Thoughts?


The higher the better.

The tarriffs that is.,.

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Old 05-17-2019, 07:02 PM   #98
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Old 05-18-2019, 11:03 AM   #99
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Re: Tariffs And Trade Battle - Thoughts?


I'm all for made in USA but have a few things to add to this discussion.

1- most 'american' companies are not anymore- i.e. budweiser.

2- publicly traded companies have to try to make as much money as possible for shareholders- that explains the race to the bottom in terms of quality and wages.

3- 'made in america' is basically bull****- more of a legal term- not an absolute. I used to work to an OCTG supplier that 'made pipe in america' by taking boatloads of 'illegal' pipe, shuffling paperwork around and threading the ends. The 100 tons of pipe was categorized as raw material.........
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Old 05-18-2019, 11:16 AM   #100
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Re: Tariffs And Trade Battle - Thoughts?


A problem with 25% tarrifs is that things cost 200% more to make in the US. So our foreign expenditures don't change much, and it just serves as a tax on the American people.

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