Already $330B worth of Chinese imports to the US are slapped with a 7.5% to 25% tariff since Trump's first term. These weren't lifted by Biden. Adding 25% on top of what exists already isn't just overkill - it's counterproductive. US imports from China are running 2% higher in the first 9 months of 2024. In other words, tariffs on China aren't cutting demand for Chinese goods in any meaningful way. Meanwhile, Mexican expor...
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SatyrForest
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The point is is to be self-sufficient creating a long-term economy
Jason Ingledue
SatyrForest
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US dollar value goes down the less trade partners we have. Add in the fact the reason basic manufacturing is done outside the US is it can be done for very cheap. You bring those jobs into the US the products will cost more because Americans aren't working for less than minimum wage like the foreign production. unemployment % is already low, no one is going to work crap jobs for crap pay when better jobs exist.
Blockchain technology is a decentralized, distributed ledger system that records transactions across multiple computers in a way that ensures security, transparency, and immutability. Unlike traditional databases, where a central authority controls the data, a blockchain is a peer-to-peer network that enables participants to verify and record transactions without the need for a trusted intermediary (like a bank or government). At its core, bloc...
December to February is typically a unique period in financial markets due to a combination of seasonal trends, holiday spending, tax-related activities, and year-end corporate earnings. Here are some notable historical trends during this period: 1. The Santa Claus Rally (Late December) The "Santa Claus Rally" refers to a historical tendency for stock markets to perform well in the last week of December and the first two trading days of January. This pattern is ...
Toyota CEO: "Despite the impact of production halts and additional expenses, we managed to achieve operating income nearly on par with the same period of the previous fiscal year" $Toyota Motor (TM.US)$
SatyrForest : The point is is to be self-sufficient creating a long-term economy
Jason Ingledue SatyrForest : US dollar value goes down the less trade partners we have. Add in the fact the reason basic manufacturing is done outside the US is it can be done for very cheap. You bring those jobs into the US the products will cost more because Americans aren't working for less than minimum wage like the foreign production. unemployment % is already low, no one is going to work crap jobs for crap pay when better jobs exist.
Ultratech SatyrForest : we are