So....trade war with China

[Bernadine]

As Trump’s trade war starts, China retaliates with comparable tariffs of its own
wapo.st/2zek7Fz

Has anyone seen which items we've implemented tariffs on from China?

This feels really bad.

[WOT?*]

So far I've found the generic: IT, aerospace, robotics, industrial engineering to the tune of 25% on $34B, with another $16B possible in the next two weeks.
China is retaliating with tariffs on soybeans, electric vehicles, seafood and pork in equal measure.
www.theguardian.com/business/live/2018/jul/06/us-china-trade-war-34bn-tariffs-non-farm-business-live?page=with:block-5b3f053de4b074b334551376#block-5b3f053de4b074b334551376

I wonder who's been whispering their little earworm in his ear that this is a good idea.


 This article a complete list (phase I and phase II): www.businessinsider.com/trump-china-tariff-full-list-of-goods-products-2018-6 


Also, even if they haven't started imposing tariffs yet, China has begun counter-measures (longer wait times, quarantine, cancelling orders...) www.businessinsider.com/trump-china-tariff-trade-fight-disruptions-us-companies-2018-7

[mskitkat]

There is a specific product my company makes that is getting hit with the tariffs by a technicality. The numbers I’ve seen for what this will cost us make me cringe. I really hope they don’t have to cut any headcounts to make up for it.

[miniroller]

Jul 6, 2018 7:29:10 GMT -5 WOT?* said:

I wonder who's been whispering their little earworm in his ear that this is a good idea.

Seriously. This is the kind of mess we predicted his big-ass ego would create, & now that we’re living it, I still can’t get over the senselessness. He’s certainly not listening to anyone with any insight; I’m almost certain at this point, he’s only consuming praise.

[scout8]

It seems the stock market keeps going up and up and up. Any thoughts on why it doesn't seem to be reacting to this?

[mbcdefg]

apnews.com/f8afd2ff1c41409783095052f1dcfb6b

My job semi-relates to the electronics and semiconductor industries, and I've read that they are very concerned. 

www.cta.tech/News/Press-Releases/2018/June/Tariffs-on-Consumer-Tech-Imports-Will-Hurt-America.aspx

www.cta.tech/News/Blog/Articles/2018/July/Trumps-China-tariffs-go-into-effect-today.aspx

www.semiconductors.org/news/2018/06/15/press_releases_2017/sia_statement_on_trump_administration_tariff_announcement/ 

[cous0226]

the unemployment rate went from 3.8% to 4.0%. It seems small but I wonder if it's a sign of the slow down. The tariffs won't help and I think Canada started their tariffs on us a few weeks ago.

[winecat]

CBS This Morning just did a bit the export of cheese and other dairy. $5.5B in dairy products was exported last year. They featured a small dairy farm in Wisconsin. The owner voted for 45 and she's shocked that he's doing this. Is she surprised that the sky is blue?

[cous0226]

Jul 6, 2018 8:46:50 GMT -5 winecat said:

CBS This Morning just did a bit the export of cheese and other dairy. $5.5B in dairy products was exported last year. They featured a small dairy farm in Wisconsin. The owner voted for 45 and she's shocked that he's doing this. Is she surprised that the sky is blue?

why is she shocked? These people are just so dumb. He talked about tariffs at every rally for 2 years. Oh did she think it wouldn't affect her? boo fuckin hoo.

[mbcdefg]

www.washingtonpost.com/news/wonk/wp/2018/07/06/the-trump-tariff-tracker-how-severe-is-the-pain/?utm_term=.d905f7a43fda 

[bears]

This article on the grain trade impacts (and the maps) is wild: www.bloomberg.com/amp/news/articles/2018-05-22/another-u-turn-for-grain-ship-shows-how-trade-talks-roil-markets?__twitter_impression=true

Ships are turning around as news of tariffs breaks.

[miniroller]

Jul 6, 2018 8:46:50 GMT -5 winecat said:

CBS This Morning just did a bit the export of cheese and other dairy. $5.5B in dairy products was exported last year. They featured a small dairy farm in Wisconsin. The owner voted for 45 and she's shocked that he's doing this. Is she surprised that the sky is blue?

Yes, but who wants to bet she still votes straight ticket R come mid-terms cuz “R’s are the best pick for business-owners & they’re going to fix things”?!

((Screams this business-owner in the Midwest who is sick & tired of others’ forced/ faked ignorance))

[bowies]

I’ve read that other countries are mostly trying to target Trump country with the tariffs. I know the effects will fan out from there, and it is impossible to shield decent people from it, but for now I’m happy the chickens are coming home to roost. That white supremacy comes with a price you assholes.

[andwhat]

Soybean ship 30 minutes late to dock and gets hit by tariffs

www.axios.com/soybean-ship-china-tariffs-trade-war-2414c2f5-ccf3-4e6f-b3fa-a5dab39767e4.html?utm_source=facebook&utm_medium=social&utm_campaign=organic&utm_content=1100

[karinothing]

Jul 6, 2018 9:24:02 GMT -5 bears said:

This article on the grain trade impacts (and the maps) is wild: www.bloomberg.com/amp/news/articles/2018-05-22/another-u-turn-for-grain-ship-shows-how-trade-talks-roil-markets?__twitter_impression=true

Ships are turning around as news of tariffs breaks.

Interesting. My neighbors just moved across the country to take over a family business of freight shipping hay to asia. I am a bit worried about them.

[winecat]

I bet these racists are just as shocked:
"The first casualties of President Trump’s trade war are 60 workers at Mid-Continent Nail, America’s largest nail manufacturer. They lost their jobs on June 15 at a factory in a part of Missouri that voted overwhelmingly for Trump. The whole company could be out of business by Labor Day."


www.washingtonpost.com/news/wonk/wp/2018/06/25/the-first-layoffs-from-trumps-tariffs-are-here/

[Velar Fricative]

Ah, so the GOP will use this golden opportunity when they hear about other countries sticking it to Trump Country that, oh no, look at these liberal countries trying to meddle in US affairs and influence our elections! Can't let that happen! Only Russia is allowed to do that!

[aurora]

Jul 6, 2018 12:16:32 GMT -5 winecat said:

I bet these racists are just as shocked:
"The first casualties of President Trump’s trade war are 60 workers at Mid-Continent Nail, America’s largest nail manufacturer. They lost their jobs on June 15 at a factory in a part of Missouri that voted overwhelmingly for Trump. The whole company could be out of business by Labor Day."


www.washingtonpost.com/news/wonk/wp/2018/06/25/the-first-layoffs-from-trumps-tariffs-are-here/

I am not at all sorry for the ones who voted for Trump. I wish great new jobs for those who voted for Clinton.

I am glad the company is acknowledging that the tariffs are the cause.