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  #221  
Old 10-13-2018, 11:32 AM
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mpholland mpholland is offline
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Quote:
Originally Posted by Chicks View Post
Trump's tariffs have already cost Ford $1B; now it's planning layoffs
Ironically, Ford may have to cut production of some models, potentially reducing U.S. jobs, as a result of China's tit-for-tat tariffs.

https://www.nbcnews.com/business/aut...now-it-n917756

Up to 24,000 good jobs going away. Thanks, Donny! MAGA!
Aside from the title, I don't see much in that article that wouldn't be happening if the tariffs weren't in place. The possibly not selling as many Mustangs in China is just speculation. Have to wait and see how that plays out. Most of the Chinese that could afford to buy a new Mustang before the tariffs will still have no problem affording one now.
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  #222  
Old 10-13-2018, 01:55 PM
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'Can afford to' does not necessarily translate to 'want to.' Tariffs are resented.

And the other shoe, as you noted in your other message, is the domestic price going up due to impacts on material costs. Understand there are other factors, but an increase still is going to hurt.
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  #223  
Old 11-15-2018, 11:40 AM
Chicks Chicks is offline
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White House curtails Trump trade advisor Peter Navarro's public role as Larry Kudlow rips him for comments on China talks

The Trump administration has deliberately curtailed trade advisor Peter Navarro's public role amid tensions with top economic advisor Larry Kudlow, a source said.

Kudlow criticized Navarro's comments on ongoing trade negotiations with China.

https://www.cnbc.com/2018/11/14/whit...ry-kudlow.html

Two of Donny’s incompetent underlings in a public spat. What a clown show this administration is.
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  #224  
Old 11-15-2018, 11:55 AM
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finnbow finnbow is offline
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Quote:
Originally Posted by Chicks View Post
White House curtails Trump trade advisor Peter Navarro's public role as Larry Kudlow rips him for comments on China talks

The Trump administration has deliberately curtailed trade advisor Peter Navarro's public role amid tensions with top economic advisor Larry Kudlow, a source said.

Kudlow criticized Navarro's comments on ongoing trade negotiations with China.

https://www.cnbc.com/2018/11/14/whit...ry-kudlow.html

Two of Donny’s incompetent underlings in a public spat. What a clown show this administration is.
And to think that Trump's chief economic advisor, Larry Kudlow, doesn't even have any formal education in economics (he was a history major at the University of Rochester). It seems that the only qualification necessary to serve on in the Trump administration is to be a loudmouth on cable news.
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