No he did not, but recieved infomation what was to happen.

A new Econpol Policy Brief shows 4.5% of the 25% Chinese tariffs are being paid by American consumers with Chinese producers absorbing the remaining 20.5%.
According to the authors Benedikt Zollar-Rydzek.
#winning

looks like winning to me

To repeat, if American consumers aren't paying the tariffs, then the Chinese products remain price competitive, and American consumers will tend to buy the less expensive Chinese products rather than switch to more expensive American made goods.

Therefore the tariffs are not doing what Trump wanted them to do, which was to make Chinese products more expensive than American products. That is hardly winning for The Donald.

And I suspect that the Chinese government is subsidizing the Chinese firms that are "absorbing" the larger part of the tariffs. To further repeat, Trump's tariffs are taxes on American consumers. By absorbing the greater part of the tariffs, the Chinese are reducing the taxes paid by Americans in return for them buying Chinese imports.

Look for nasty tweets from Trump on this once someone explains it to him. ;)

Wrong, companys are forced into zero profit to keep jobs for workers. This is really bad for China, they can change or burn. This is no exaggeration, things are not good for them.

You can't learn what is going on in the world from reading Trump's tweets. China is giving tax breaks and other incentives to companies hit by Trump's tariffs.

https://www.washingtonpost.com/world...=.049f83c53fb9


https://www.bloomberg.com/news/artic...-trump-tariffs

I do not have a twitter, facebook, or any of the names I know nothing about. I am really oldschool and do not want to sign up for any of it. I do know China can lose trillons on just one day, that ain't so bad.

All you need is Google, which you have if you are on the internet. You have no facts or sources to support statements like Chinese firms have zero profits.

How is China going to lose trillions if it is still selling its goods to American consumers and it has stopped buying American products like soy beans, previously a big deal for American farmers? This is just making our trade deficit with China even worse than it was before the tariffs.

The American farmer was doing so well with soy products that it cut planting carrots. Now shifting more a percentage of carrots there will not be the shortage in carrots in 2019 that there was 2018. Hey I read, just let you know I don't need the phone for anything other than making calls. Let me spell it out for you, F%$&k China.

This is bad news for Trumps agenda, those tax cuts didn't help GM I guess.

It's just a little exaggeration to get his message across to the public. Like when he touted the impact of his steel tariffs. Nothing wrong with a guy tooting his own horn every once in a while. :faint:

https://www.foxbusiness.com/markets/...g-mills-not-so

Thank God I can start making carrot cake again. :cool:

Well it is factual, instead of carrots farmers increased soy. The very small fraction that these United States sells into mainland China is a pittance compared to what China sells into our country. The pressure of trade tariffs is well worth the pain we absorb for objectives of forcing fair trade with China. Our friend with the economics degree is more concerned about his portfolio than those poor poor Walmart shoppers.

GM has always been their own worse enemy.

Look around? They have the worst designed cars on the planet. Wasted billions on the Volt.

The Cadillac division has been a loser for 15 yrs plus

Pontiac and Olds disappeared after producing quite possibly the worst looking cars ever.


Anybody recall the Aztek?

Good riddance!

Did you just make this up? The big carrot growers are in California, Washington, and Texas. Soybeans are a major crop in the upper Midwest: Iowa, Minnesota, and the Dakotas. And soybean farmers there are hurting.

https://www.cnbc.com/2018/10/08/refu...ps-buying.html

But it's so much easier for the lazy-minded to blame Trump for GM's woes.

Carrots are like grass, will grow anyplace. Yes a shortage in 2018 because other crops.

Soy Bean farmers can plant numerous other crops besides Soy Beans. They've been planting crops based on proposed prices for the upcoming year forever. They will just choose to plant other crops for the most part. In ND farmers have a choice between about fourteen different crops. Most have half a dozen different crops in a given year. And with the steep reduction of Soy Bean acres planted over the next couple years will come record prices for Soy Beans the following couple years. Happens all the time with crops.

Including carrots?


Are ND farmers hurt or not by Chinese tariffs on soybeans?

Ummm, they would never do that

Why not? Most of the politicians there and elsewhere are just as clueless about tariffs as Trump is, and don't realize that all they are doing is imposing higher taxes on their own citizens.

Because at the end of the day the grown-ups will decide, i.e. those with the money in their pockets.

The "grown-ups" with money in their pockets hate tariffs. They love the profits on cheap imports sold to citizens of the richest country in the world in a healthy economy.

They did not get money in their pockets of that magnitude not to be able to maneuver. The EU will never press its luck against the US, UK yes but not the US.