-
Starting today August 7th, 2024, in order to post in the Married Couples, Courting Couples, or Singles forums, you will not be allowed to post if you have your Marital status designated as private. Announcements will be made in the respective forums as well but please note that if yours is currently listed as Private, you will need to submit a ticket in the Support Area to have yours changed.
Tit for Tat Tariffs - The US versus the World
- Thread starter essentialsaltes
- Start date
- Oct 17, 2011
- 41,530
- 44,636
- Country
- United States
- Faith
- Atheist
- Marital Status
- Legal Union (Other)
Just when you thought it was safe. Is it another paper tiger, or a leopard?
[He also wants iPhones sold in the US to be made in the US, else the 25% tariff on the good citizens of Apple. Adding 25% is almost certainly much cheaper than what it would cost if they were made in the US.]
Trump threatens 50% tariffs on E.U. and 25% penalties on Apple as his trade war intensifies
The Republican president said he wants to charge higher import taxes on goods from the E.U., a long-standing U.S. ally, than from China, a geopolitical rival that had its tariffs cut to 30% this month so Washington and Beijing could hold negotiations.[He also wants iPhones sold in the US to be made in the US, else the 25% tariff on the good citizens of Apple. Adding 25% is almost certainly much cheaper than what it would cost if they were made in the US.]
Upvote
0
trophy33
Well-Known Member
- Nov 18, 2018
- 13,585
- 5,516
- Country
- Czech Republic
- Gender
- Male
- Faith
- Christian
- Marital Status
- Single
The numbers are totally random. In any case, I think that nobody really believes him anymore. After a week or so he will cancel it and will sell it to MAGA people like some kind of a win or even as a "deal", like with the UK and China.
Last edited:
Upvote
0
get ready for your more expensive phones people, oh wiat he will just threaten them if they raise prices whew.
Upvote
0
- Oct 17, 2011
- 41,530
- 44,636
- Country
- United States
- Faith
- Atheist
- Marital Status
- Legal Union (Other)
Unilaterally delayed by Trump another month or so.
In related news, Wall Street is talking about TACO as a trading strategy for tariffs: Trump Always Chickens Out.
Upvote
0
- Oct 17, 2011
- 41,530
- 44,636
- Country
- United States
- Faith
- Atheist
- Marital Status
- Legal Union (Other)
Even more rage-inducing than TACO is
TITUIT: Trump Impotent To Unilaterally Impose Tariffs
“The President’s assertion of tariff-making authority in the instant case, unbounded as it is by any limitation in duration or scope, exceeds any tariff authority delegated to the President under IEEPA. The Worldwide and Retaliatory tariffs are thus ultra vires and contrary to law,” the judges wrote.
According to the judges, Congress, not the president, has the authority to impose tariffs under most circumstances, and Trump’s tariffs do not meet the limited condition of an “unusual and extraordinary threat” that would allow him to act alone.
[The judges] were appointed by presidents Obama, Trump and Reagan
TITUIT: Trump Impotent To Unilaterally Impose Tariffs
Federal court says Trump doesn't have the power to impose tariffs unilaterally
The judges found that the International Emergency Economic Powers Act -- which Trump used to enact his tariffs -- does not give him the “unlimited” power to levy tariffs like the president has in recent months.“The President’s assertion of tariff-making authority in the instant case, unbounded as it is by any limitation in duration or scope, exceeds any tariff authority delegated to the President under IEEPA. The Worldwide and Retaliatory tariffs are thus ultra vires and contrary to law,” the judges wrote.
According to the judges, Congress, not the president, has the authority to impose tariffs under most circumstances, and Trump’s tariffs do not meet the limited condition of an “unusual and extraordinary threat” that would allow him to act alone.
[The judges] were appointed by presidents Obama, Trump and Reagan
Upvote
0
Deborah1$
Active Member
- Mar 11, 2024
- 125
- 61
- 74
- Country
- United States
- Faith
- Christian
- Marital Status
- Divorced
- Politics
- US-Others
I'm drifting into the fantasy world I accused you of? LOLOLOL! Sp, I guess Trump and Musk are still besties and there is not a civil war brewing between these two bros? I told you it was coming. Everybody seemed to know except you.
Upvote
0
- Oct 17, 2011
- 41,530
- 44,636
- Country
- United States
- Faith
- Atheist
- Marital Status
- Legal Union (Other)
'Cutting it close': Port of Los Angeles director warns of shortages and price increases
"Your timing is so important," said Seroka, who has been sounding the alarm about President Donald Trump's tariffs and the drop in shipping volume for months. "We've hit fresh lows here at the Port of Los Angeles. Over the last week, we've averaged five ships per day in port. This time of year, it should be about 10 to 12. And subsequently, job orders for dockworkers are down 50 percent over the last two weeks."[So that's local employment; what about getting half the usual quantity of goods?]
"We're cutting it close," said Seroka. "And realistically, what we'll probably see are fewer selections on store shelves and online buying platforms and likely higher prices. And you're exactly right that with this flow of cargo now, we're coming up really close on some very key arrival dates [back to school -- Halloween] that aren't happening. And as a leading indicator to the U.S. economy, we see this activity three months before the ground truth happens here on the shores. And it's slow."
Trump’s China Tariffs Are Backfiring in Funniest Way Possible
But so far, the opposite is coming true. Four major automakers are rushing to find a way to keep procuring rare-earth magnets, a key component of car motors, which are primarily made in China. Without the magnets, the companies fear car production could shut down in a matter of weeks.Several carmakers, both traditional and electric, are considering moving part of the manufacturing process to China, The Wall Street Journalreported Wednesday.
This could include building electric motors in Chinese factories or shipping American-made motors to China to have the magnets installed, according to the Journal. Trump’s restrictions only cover the Chinese-made magnets, not finished parts such as a fully built motor.
Upvote
0
Postvieww
Believer
- Sep 29, 2014
- 7,080
- 2,665
- Country
- United States
- Faith
- Christian
- Marital Status
- Married
- Politics
- US-Republican
Actually you said Trump was tiring of Musk which is opposite of what is happening. Musk is now acting like a spoiled billionaire brat because he didn’t get his way. He didn’t get his NASA pick , he didn’t get his way on a EV mandate , he didn’t get the government employee extension he wanted. You are right the “bro romance “ is over , but you were not a prophet on calling it. You still live in liberal fantasy land while denying liberal alignment.
Upvote
0
- Aug 18, 2012
- 24,686
- 20,820
- Country
- United States
- Gender
- Male
- Faith
- Christian
- Marital Status
- Married
"We cannot build bananas in America"
At a House Appropriations hearing on Thursday, Rep. Madeleine Dean (D-PA) questioned Sec. Howard Lutnick about President Trump's tariffs.
At a House Appropriations hearing on Thursday, Rep. Madeleine Dean (D-PA) questioned Sec. Howard Lutnick about President Trump's tariffs.
Upvote
0
- Oct 17, 2011
- 41,530
- 44,636
- Country
- United States
- Faith
- Atheist
- Marital Status
- Legal Union (Other)
Electric vehicle battery company halts construction of South Carolina manufacturing plant
A battery cell maker is pausing work on its manufacturing plant under construction in the Pee Dee, delaying its pledge of 1,600 new jobs for South Carolinians.Envision Automotive Energy Supply Co. (AESC) announced the work stoppage Thursday, two years after breaking ground on the facility near Florence.
“AESC has informed the state of South Carolina and our local partners that due to policy and market uncertainty, we are pausing construction at our South Carolina facility at this time,” spokesman Brad Grantham said in a statement.
Gov. Henry McMaster, while speaking to reporters, pointed to uncertainty in Washington, D.C., as a reason.
“We hate to see that happen, but a pause is OK,” he said, noting a temporary suspension last week at Volvo’s Lowcountry plant.
Upvote
0
BPPLEE
Well-Known Member
- Apr 13, 2022
- 15,923
- 7,415
- 61
- Country
- United States
- Gender
- Male
- Faith
- Christian
- Marital Status
- Married
In April 2025, the U.S. economy added 177,000 jobs, exceeding the Dow Jones estimate of 135,000, according to the Bureau of Labor Statistics. The unemployment rate remained steady at 4.2%.
Key Highlights:
- Job Growth:
The economy added 177,000 jobs in April, marking a slight decrease from the 185,000 jobs added in March.
- Unemployment Rate:
The unemployment rate held steady at 4.2%, indicating a relatively stable labor market.
- Average Hourly Earnings:
Average hourly earnings rose by 0.4% during the month, and 3.9% from a year ago, indicating wage growth.
- Sectoral Growth:
The health care and social assistance sector added nearly 193,000 jobs over a 3-month period, reflecting strong demand for healthcare services.
- Trade Policy:
The April jobs report was released in the immediate aftermath of the Trump administration's implementation of tariffs, and the strong job growth suggested no immediate impact from the trade policy on hiring.
These jobs were added while cutting government jobs,
Upvote
0
- Oct 17, 2011
- 41,530
- 44,636
- Country
- United States
- Faith
- Atheist
- Marital Status
- Legal Union (Other)
That number was revised downward, and the May numbers were lower still. Both are under Biden's average monthly gains in 2024.
Upvote
0
BPPLEE
Well-Known Member
- Apr 13, 2022
- 15,923
- 7,415
- 61
- Country
- United States
- Gender
- Male
- Faith
- Christian
- Marital Status
- Married
In May 2025, U.S. employers added 139,000 jobs, slightly exceeding economists' estimates of 130,000, according to the Bureau of Labor Statistics. The unemployment rate remained steady at 4.2% for the third consecutive month. However, revisions to March and April figures showed fewer jobs than previously reported, potentially indicating a slight cooling in the labor market.
Here's a more detailed breakdown:
Here's a more detailed breakdown:
- Job Growth:
The U.S. economy added 139,000 jobs in May. This growth was slightly higher than the average monthly gain of 149,000 over the previous 12 months.
- Unemployment Rate:
The unemployment rate remained unchanged at 4.2% for the third consecutive month.
- Revisions to Prior Months:
March and April job gains were revised downward, indicating a potential moderation in the labor market.
- Industry Detail:
Health care and leisure and hospitality continued to show positive job growth in May.
- Federal Government:
Federal government employment continued to decline in May.
Upvote
0
Similar threads
