Sounds like you're talking about intelligently targeted tariffs that would help a few of our industries. That's not what this is.
Trump Tariffs has Countries ready to retaliate?
- Thread starter Over70irregs
- Start date
Sounds like you're talking about intelligently targeted tariffs that would help a few of our industries. That's not what this is.
The UAW sure loves it.
MyTripisCut
Never bought my own handtruck
Really? Yeah, let’s force companies to build automated factories here instead of Mexico. The only jobs created are in the build, the industry is dead.
A lot more to the automotive industry than robotic arms. Indiana for example has been hit hard by the closing of automotive parts factories. You better hope all of this fails because if you get the union guys in the Rust Belt behind the Republicans you guys are kaput.
By the way the Mexicans employ a lot of people not only for building vehicles, but also engines and numerous parts.
newfie
Well-Known Member
looks like you're struggling with your homework assignment , maybe you should consider a more balanced list of news sources?
The list grows longer every day:
— Project Stargate, led by Japan-based Softbank and U.S.-based OpenAI and Oracle, announced a $500 billion private investment in U.S.-based artificial intelligence infrastructure.
— Apple announced a $500 billion investment in U.S. manufacturing and training.
— Nvidia announced it will invest hundreds of billions of dollars over the next four years in U.S.-based manufacturing.
— Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing.
— Eli Lilly and Company announced a $27 billion investment in domestic manufacturing.
— United Arab Emirates-based DAMAC Properties announced a $20 billion investment in new U.S.-based data centers.
— France-based CMA CGM, a global shipping giant, announced a $20 billion investment in U.S. shipping and logistics, creating 10,000 new jobs.
— United Arab Emirates-based ADQ and U.S.-based Energy Capital Partners announced a $25 billion investment in U.S. data centers and energy infrastructure.
— South Korean automaker Hyundai announced a $20 billion investment — including $5.8 billion for a new steel plant in Louisiana, which will create nearly 1,500 jobs, amid their pledge to “further localize production in the U.S.”
— Merck announced it will invest $8 billion in the U.S. over the next several years after opening a new $1 billion North Carolina manufacturing facility.
— Clarios announced a $6 billion plan to expand its domestic manufacturing operations.
— GE Aerospace announced a $1 billion investment in manufacturing across 16 states — creating 5,000 new jobs.
— Stellantis announced a $5 billion investment in its U.S. manufacturing network — including re-opening an Illinois manufacturing plant — as it pledges to increase domestic vehicle production.
— Schneider Electric announced it will invest $700 million over the next four years in U.S. energy infrastructure.
— GE Vernova announced it will invest nearly $600 million in U.S. manufacturing over the next two years, which will create more than 1,500 new jobs.
— London-based Diageo announced a $415 million investment in a new Alabama manufacturing facility.
— Dublin-based Eaton Corporation announced a $340 million investment in a new South Carolina-based manufacturing facility for its three-phase transformers.
— Germany-based Siemens announced a $285 million investment in U.S. manufacturing and AI data centers, which will create more than 900 new skilled manufacturing jobs.
— Paris Baguette announced a $160 million investment to construct a manufacturing plant in Texas.
— Switzerland-based ABB announced a $120 million investment to expand production of its low-voltage electrification products in Tennessee and Mississippi.
— Saica Group, a Spain-based corrugated packaging maker, announced plans to build a $110 million new manufacturing facility in Anderson, Indiana.
— Paris-based Saint-Gobain announced a new $40 million NorPro manufacturing facility in Wheatfield, New York.
— India-based Sygene International announced a $36.5 million acquisition of a Baltimore biologics manufacturing facility.
— Asahi Group Holdings, one of the largest Japanese beverage makers, announced a $35 million investment to boost production at its Wisconsin plant.
— Honda is expected to produce its next-generation Civic hybrid model in Indiana.
— Nissan is considering moving production from Mexico to the U.S.
— Rolls-Royce is expected to shift production to the U.S. and expand its domestic workforce.
— Volkswagen is considering shifting production of the high-end Audi and Porsche brands to the U.S.
— Volvo is considering expanding its U.S.-based output.
— LG is considering moving its refrigerator manufacturing from Mexico to Tennessee.
— Italian spirits group Campari is “assessing the opportunities to expand its production in the U.S.”
— Swedish hygiene product manufacturer Essity is considering shifting production to the U.S.
— Taiwan-based Compal Electronics is considering a U.S.-based expansion.
— Taiwan-based Inventec is expected to expand its manufacturing operations into Texas.
— LVMH, a French luxury giant, is “seriously considering” an expansion to its U.S.-based production capabilities.
— Cra-Z-Art, the biggest toymaker in the U.S., said it will move a “large percentage” of its China-based manufacturing back home.
— Prepac, a Canadian furniture manufacturer, announced it will move production from Canada to the U.S.
— Lear is considering moving its production to the U.S.
— Half of Japanese companies say they’ll boost U.S. investment, largely due to tariffs
newfie
Well-Known Member
thats why trump came up with the numbers he did which some try to claim are false.
it involves actual tariffs, vats, currency manipulation and other tricks countries use to cheat the system.
Now watch him say something like "out of all the companies that moved overseas? Big deal."
The formula for the fake foreign tariff rates:
(exports - imports)/imports
Trade deficit divided by imports.
Doublestandards
Well-Known Member
You said $7 trillion dollars in investments because of trumps tarrifs, that list is not what you’re saying
You’re also including a lot of chip production companies and crediting it to trumps tarrifs while leaving out Biden’s chips and science act
“The CHIPS and Science Act, signed into law in August 2022, is a $250 billion bipartisan bill that aims to boost US semiconductor manufacturing and innovation. The act includes $52.7 billion in emergency supplemental appropriations for semiconductor-related programs from 2023–2027. The funding is spread across four funds, including the CHIPS for America Fund, which provides $50 billion for semiconductor incentives, R&D, and workforce development.“
Then you have a long listen of companies saying they might do this and that
How many of these companies were saying they'd do this while the Biden figurehead administration was in power? And the $250 billion was towards making semiconductor chips. That list has a lot of different industries represented at a lot more than $250 billion.
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Doublestandards
Well-Known Member
and included in the list: Taiwan Semiconductor Manufacturing Company (TSMC) announced a $100 billion investment in U.S.-based chips manufacturing.
Great, but let's not say all this investment would've happened anyways with Biden.
Trump Tariffs Take Effect
Shockwaves ripple through global markets on fears of an escalating trade war.
"Businesses and investors are bracing for the fallout from new tariffs on just about everything the U.S. imports, which took effect at 12:01 a.m. Saturday.
The 10% tariffs, which President Trump announced this week, apply to nearly all nations. Tariffs will then increase on April 9 for certain nations targeted by the White House.
After the tariff announcement was made, Wall Street was plunged into a two-day rout that erased $6.6 trillion in stock-market value.
Some nations have already retaliated with new tariffs on U.S. goods. China, the U.S.’s third-largest trading partner, said it would impose a 34% tariff on U.S. goods starting Monday, and the European Union has planned retaliatory tariffs as well. Vietnam, however, has offered to lower its own tariffs on U.S. goods to zero, Trump said Friday, in an attempt to get a reduction in the 46% tariff he has planned for the rising manufacturing economy. It remains unclear, however, how the White House will respond to offers from foreign governments."
Doublestandards
Well-Known Member
Except we didn't just self tax ourselves because with the high tariff importers will look for cheaper alternatives. The Vietnamese know this and they do give a
. They export $150 billion to us and don't want to lose that. If they don't sell to us then who is going to pick up the slack? You economically literate folk out there need to grow a spine.
El Correcto
god is dead
Except we didn't just self tax ourselves because with the high tariff importers will look for cheaper alternatives. The Vietnamese know this and they do give a
El Correcto
god is dead
I'll settle for him fixing all the problems caused by libs. Who was in charge in the last administration? Sure wasn't someone who was elected.
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