Poll of the Day > And the layoffs from an "easy to win" trade war have started...

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TheCyborgNinja
06/26/18 6:23:25 PM
#1:


https://www.msn.com/en-ca/money/ markets/the-first-layoffs-from-trumps-tariffs-are-here/ar-AAzbxEF

Mid-Continent Nail blames the layoffs on Trumps tariffs, and the company says all 500 employees could lose their jobs by Labor Day. The next round of cuts could come in a matter of days.


After the tariff, the company was forced to hike its prices, and customers fled. Orders are a mere 30 percent of what they were a year ago, said George Skarich, the vice president of sales. He suspects many customers are now buying Chinese nails.


The Tax Foundation predicts 48,585 job losses from the tariffs Trump has already enacted on imports of washing machines, solar panels, steel, aluminum and $50 billion in Chinese products. That figure would soar to over 250,000 job losses if Trump moves forward with tariffs on another $200 billion of Chinese products, the Tax Foundation said.


The presidents focus has been on saving jobs that make raw steel and aluminum, but there are many more jobs that are harmed by the tariffs because they turn raw metal into something else, such as a car or airplane. The longer the tariffs are in place, the more companies are likely to have to make cuts.

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Andromicus
06/26/18 6:28:37 PM
#2:


Who knew it could be so complicated
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yutterh
06/26/18 6:30:35 PM
#3:


Andromicus posted...
Who knew it could be so complicated


Not I, said Mr.trump
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Yellow
06/26/18 6:35:04 PM
#4:


That's what they get for coming up with that hoax global warming! lolno
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Zeus
06/26/18 6:35:09 PM
#5:


tbh, NPR was interviewing people at the Harley plant -- who also have layoffs in the near future -- and most of the guys they talked to blamed the company rather than Trump, mentioning that none of this was new and the company had been heading in that direction anyway. You'd think you'd find at least a few workers blaming the president.

Andromicus posted...
Who knew it could be so complicated


https://www.youtube.com/watch?v=5NPBIwQyPWE" data-time="

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Smarkil
06/26/18 6:35:33 PM
#6:


more like trade bore, amirite?
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yutterh
06/26/18 6:39:26 PM
#7:


Zeus posted...
tbh, NPR was interviewing people at the Harley plant -- who also have layoffs in the near future -- and most of the guys they talked to blamed the company rather than Trump, mentioning that none of this was new and the company had been heading in that direction anyway. You'd think you'd find at least a few workers blaming the president.

Andromicus posted...
Who knew it could be so complicated


https://www.youtube.com/watch?v=5NPBIwQyPWE" data-time="


It's not really trumps fault per se, but he didn't make it easier for them to keep their jobs either. Seems more like he sped up the layoffs.
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TheCyborgNinja
06/26/18 8:15:21 PM
#8:


Zeus posted...
tbh, NPR was interviewing people at the Harley plant -- who also have layoffs in the near future -- and most of the guys they talked to blamed the company rather than Trump, mentioning that none of this was new and the company had been heading in that direction anyway. You'd think you'd find at least a few workers blaming the president.

Andromicus posted...
Who knew it could be so complicated


https://www.youtube.com/watch?v=5NPBIwQyPWE" data-time="

Well, isn't that what a good Trump supporter would do? /conspiracies
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dedbus
06/26/18 8:55:19 PM
#9:


This is just some corporate bullshit excuse to clean house and deflect all their "hard" choices they've had in the pipeline anyway.
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Zeus
06/26/18 9:17:09 PM
#10:


TheCyborgNinja posted...
Zeus posted...
tbh, NPR was interviewing people at the Harley plant -- who also have layoffs in the near future -- and most of the guys they talked to blamed the company rather than Trump, mentioning that none of this was new and the company had been heading in that direction anyway. You'd think you'd find at least a few workers blaming the president.

Andromicus posted...
Who knew it could be so complicated


https://www.youtube.com/watch?v=5NPBIwQyPWE" data-time="

Well, isn't that what a good Trump supporter would do? /conspiracies


Well, considering that people *not* working at the company blame Trump, you'd think people with a more personal stake might. Granted, at least one self-ID'd as a Trump voter -- and said that he'd vote for him again -- and another noted that with the improved economy, they'd likely be able to find jobs elsewhere. I guess the rest must have some insights that undercut Harley blaming tariffs.

dedbus posted...
This is just some corporate bullshit excuse to clean house and deflect all their "hard" choices they've had in the pipeline anyway.


Probably.
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Lokarin
06/26/18 9:20:50 PM
#11:


Umm, if the tariffs gain $1 billion and the jobs lost only earn the economy maybe $1 million... good riddance?
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ClarkDuke
06/26/18 9:38:18 PM
#12:


Zeus posted...
Well, considering that people *not* working at the company blame Trump, you'd think people with a more personal stake might. Granted, at least one self-ID'd as a Trump voter -- and said that he'd vote for him again -- and another noted that with the improved economy, they'd likely be able to find jobs elsewhere. I guess the rest must have some insights that undercut Harley blaming tariffs.

Aren't you on unemployment, ok?
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Mead
06/26/18 9:39:51 PM
#13:


Funny how some people blame Obama and Hilary for damn near everything but insist that Trump cant be responsible for a single thing
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adjl
06/26/18 9:46:56 PM
#14:


Man, if only another president in recent history had tried enacting tariffs on steel so Trump could have learned from that history instead of having to make this mistake himself. That would have been so convenient.
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ClarkDuke
06/26/18 9:53:04 PM
#15:


adjl posted...
Man, if only another president in recent history had tried enacting tariffs on steel so Trump could have learned from that history instead of having to make this mistake himself. That would have been so convenient.

I smell sarcasm, ok?
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Andromicus
06/26/18 10:03:47 PM
#16:


adjl posted...
Man, if only another president in recent history had tried enacting tariffs on steel so Trump could have learned from that history instead of having to make this mistake himself. That would have been so convenient.

Who dat
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adjl
06/26/18 11:18:04 PM
#17:


Andromicus posted...
adjl posted...
Man, if only another president in recent history had tried enacting tariffs on steel so Trump could have learned from that history instead of having to make this mistake himself. That would have been so convenient.

Who dat


https://en.wikipedia.org/wiki/2002_United_States_steel_tariff

A study from 2003 that was paid for by CITAC, a trade association of businesses that use raw materials, found that around 200,000 jobs were lost as a result.

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BADoglick
06/26/18 11:21:15 PM
#18:


Tariffs=Taxation=Theft
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EclairReturns
06/26/18 11:27:04 PM
#19:


Zeus posted...
https://www.youtube.com/watch?v=5NPBIwQyPWE" data-time="


Yay, I was able to predict correctly what that video was, and I'm familiar with what it is!
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TheCyborgNinja
06/27/18 12:49:36 AM
#20:


adjl posted...
Andromicus posted...
adjl posted...
Man, if only another president in recent history had tried enacting tariffs on steel so Trump could have learned from that history instead of having to make this mistake himself. That would have been so convenient.

Who dat


https://en.wikipedia.org/wiki/2002_United_States_steel_tariff

A study from 2003 that was paid for by CITAC, a trade association of businesses that use raw materials, found that around 200,000 jobs were lost as a result.

The problem to is that reversing the tariffs won't make the jobs come back. Those companies will have either closed or found another way/place to do things.
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