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Old Today, 01:05 PM
 
Location: St Paul
7,542 posts, read 3,556,549 times
Reputation: 4757

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China attacks Ford over tariffs. They really know how to make you want to stay, don't they?

"Chinaís antitrust regulator fines Fordís Changan venture US$23.6 million for price violations amid worsening trade tensions with US"

https://www.scmp.com/business/compan...-venture-us236
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Old Today, 01:06 PM
 
Location: St Paul
7,542 posts, read 3,556,549 times
Reputation: 4757
The exodus begins.

Nintendo Moves Some Switch Production Out of China, Adapting to Tariff Threat:

https://www.wsj.com/articles/nintend...at-11560328484
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Old Today, 01:06 PM
 
Location: Seattle
1,055 posts, read 225,347 times
Reputation: 1115
Don't people study economics any more?
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Old Today, 01:07 PM
 
3,882 posts, read 1,851,225 times
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Quote:
Originally Posted by Mason3000 View Post
Weren't we told prices would go up & the American consumer would be the ones paying for these tariffs on China?

"Imports by Locality of Origin: The price index for imports from China edged down 0.1 percent in May following a 0.2-percent drop the previous month. Import prices from China have not recorded a monthly advance since the index rose 0.1 percent in May 2018. Prices for imports from China declined 1.4 percent over the past year, the largest 12-month drop since a 1.6-percent decrease in February 2017."

https://www.bls.gov/news.release/ximpim.nr0.htm
Whoa, slow down buddy. Presenting facts is a microaggression.
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Old Today, 01:08 PM
 
Location: St Paul
7,542 posts, read 3,556,549 times
Reputation: 4757
The exodus continues...

Sharp weighs moving PC production out of China: chairman:

Sharp is considering relocating its China-based manufacturing of laptop computers and other U.S.-bound products that would be affected by Washington's latest tariff threats, Chairman Tai Jeng-wu told reporters Monday.

"We have many production bases in the Association of Southeast Asian Nations where we can make them cheaply," he said.


https://asia.nikkei.com/Business/Com...hina-chairman2
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Old Today, 01:09 PM
 
5,380 posts, read 1,338,582 times
Reputation: 4180
Quote:
Originally Posted by TheMoreYouKnow View Post
China has been OWNING the United States at every turn for decades, these facts are now out in the open and even the average democrat can see that we're getting taken advantage of. Imagine how much different things could be if democrats supported our country more than they hate our President.
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Old Today, 01:09 PM
 
Location: St Paul
7,542 posts, read 3,556,549 times
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Foxconn Says Prepared to Move Apple Production Out of China if Necessary:

https://www.wsj.com/articles/iphone-...ns-11560244585
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Old Today, 01:10 PM
 
5,380 posts, read 1,338,582 times
Reputation: 4180
Quote:
Originally Posted by Mason3000 View Post
Foxconn Says Prepared to Move Apple Production Out of China if Necessary:

https://www.wsj.com/articles/iphone-...ns-11560244585
I wouldn't put much weight on anything Foxconn says. They snowed Wisconsin pretty good.
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Old Today, 01:13 PM
 
Location: St Paul
7,542 posts, read 3,556,549 times
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Exclusive: Hong Kong tycoons start moving assets offshore as fears rise over new extradition law:

https://www.reuters.com/article/us-h...-idUSKCN1TF1DZ
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Old Today, 01:14 PM
 
Location: Here.
13,998 posts, read 12,714,802 times
Reputation: 16422
Since at least 1985, China has been defeating the US every year in the trade war. https://www.census.gov/foreign-trade/balance/c5700.html But the liberals (Democrats and Republicans) don’t care about the loss of US jobs, the loss of industry, the loss of money, the loss of engineering talent, etc. All they care about is globalism.
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