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re: China announces 34% retaliatory tariff on all US imports. Dow down 1000 on the news.

Posted on 4/4/25 at 9:16 am to
Posted by LSUGent
Member since Jun 2011
3137 posts
Posted on 4/4/25 at 9:16 am to
quote:

Define slave labor.


Do you know why Foxconn has nets all around their Chinese factory?

This post was edited on 4/4/25 at 9:17 am
Posted by OU Guy
Member since Feb 2022
25057 posts
Posted on 4/4/25 at 9:17 am to
Oil down has nothing to do with China's new tariffs & everything to do with people thinking a bit overnight realizing Chyna economy is about to get crushed & oil demand will crater ..same reason why copper is down much more today than yesterday ..their export factories are kaput

Chyna will need a war to distract the masses from its coming Depression
Posted by Bunk Moreland
Member since Dec 2010
66986 posts
Posted on 4/4/25 at 9:17 am to
quote:

Once they (finally) realize that tariffs are not enough to create an unskilled middle class in 'Muh 'Merca that can graduate high school and work in a factory for 40 years and retire in a five bedroom house with two new cars in the driveway, they will turn to unions to try to make that happen.

That is absolutely the end result if we get this crappy, low paid work back. MAGA is sounding more pro-union every day.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298087 posts
Posted on 4/4/25 at 9:17 am to
quote:


Pro union? Because we agreed with a few statements made by a UAW guy?


That doesnt answer the question.

Posted by Flats
Member since Jul 2019
26950 posts
Posted on 4/4/25 at 9:18 am to
quote:

Corporate greed


I'm seeing this phrase more and more, and that's a big-arse red flag.
Posted by Pandy Fackler
Member since Jun 2018
21114 posts
Posted on 4/4/25 at 9:18 am to
I wonder how many people in this thread actually read the article?

"The Trump administration may be playing a game of chicken with trading partners",

So who flinches first I wonder, the US or China? Americans have a very low tolerance for discomfort.

"JPMorgan late Thursday raised the odds of a recession this year to 60% from 40%".

Those odds will only go up.

This post was edited on 4/4/25 at 9:19 am
Posted by imjustafatkid
Alabama
Member since Dec 2011
63025 posts
Posted on 4/4/25 at 9:19 am to
quote:

quote:

Pro union? Because we agreed with a few statements made by a UAW guy?


That doesnt answer the question.


That's true. What you quoted doesn't answer the question. The post you're responding to, however, DID answer the question.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298087 posts
Posted on 4/4/25 at 9:19 am to
quote:

The post you're responding to, however, DID answer the question.


No it didnt.
Posted by LSUSkip
Central, LA
Member since Jul 2012
24717 posts
Posted on 4/4/25 at 9:20 am to
US should just cut off trade with China completely. They'll cave before the US does.
Posted by imjustafatkid
Alabama
Member since Dec 2011
63025 posts
Posted on 4/4/25 at 9:20 am to
quote:

while you argue we should not pay them at all, because US workers are underpaid.


Your assumption that China will stop using slave labor is flawed and belies a gross misunderstanding of China's economic policies.
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298087 posts
Posted on 4/4/25 at 9:20 am to
Corporate greed


I'm seeing this phrase more and more, and that's a big-arse red flag.

I said in 2016 that Trumps populism would lead these baws into socialism.

They sound just like Bernie.
Posted by imjustafatkid
Alabama
Member since Dec 2011
63025 posts
Posted on 4/4/25 at 9:21 am to
quote:

No it didnt.


If this is what you believe, then there is no point discussing this with you. You clearly are not even willing to admit to basic facts like this obvious one: "China uses slave labor."
Posted by momentoftruth87
Your mom
Member since Oct 2013
86110 posts
Posted on 4/4/25 at 9:22 am to
quote:

They sound just like Bernie.


So do you with your obnoxious posts and tds. That’s (D)ifferent though isn’t it, hoss?
Posted by RogerTheShrubber
Juneau, AK
Member since Jan 2009
298087 posts
Posted on 4/4/25 at 9:22 am to
quote:


If this is what you believe,


I quoted word for word his statement.

Youre confused.
Posted by FATBOY TIGER
Valhalla
Member since Jan 2016
12912 posts
Posted on 4/4/25 at 9:22 am to
quote:

"JPMorgan late Thursday raised the odds of a recession this year to 60% from 40%".


They're really stepping out on a limb.


Posted by SlowFlowPro
With populists, expect populism
Member since Jan 2004
467695 posts
Posted on 4/4/25 at 9:22 am to
quote:

China uses slave labor


Still using these emotional leftist arguments I see
Posted by dgnx6
Member since Feb 2006
86387 posts
Posted on 4/4/25 at 9:23 am to
quote:

Stay the course. We'll be right there with you.
With the White House announcing new tariffs, the markets have become volatile, testing the resolve of even the most disciplined investor.

During uncertain times, resist the urge to deviate from your financial plan. The best- and worst-performing days of the stock market often occur in close succession, making it difficult to time when to sell or buy. Investors who have stayed the course during downturns have been able to take advantage of market recoveries and have typically come out ahead of those who moved to the sidelines.
Posted by fareplay
Member since Nov 2012
6307 posts
Posted on 4/4/25 at 9:23 am to
People here will not believe any other data than those from Twitter republicans and Trump. The Bible can say tariffs are bad and they will still justify it
Posted by wackatimesthree
Member since Oct 2019
10780 posts
Posted on 4/4/25 at 9:23 am to
The average salary for Chinese factory workers (depending upon who you ask) is 1/3 to 1/4 what it is in the US, but the cost of living in China is also 74% less than the US.

Seems pretty proportionate.

Their factory workers aren't killing it or anything, but neither are ours, despite the persistent trope of the 1950s factory guy who supports his entire family on his salary and has a big house and two cars.

The average factory worker here (again, depending on who you ask) makes between $17-$24/hour.
Posted by dgnx6
Member since Feb 2006
86387 posts
Posted on 4/4/25 at 9:24 am to
quote:

we get this crappy, low paid work back.



says the 45 year old waiter
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