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re: MAGA: Ford Cancels Plans to Import SUV Model From China in Wake of Tariffs
Posted on 8/31/18 at 4:01 pm to saints5021
Posted on 8/31/18 at 4:01 pm to saints5021
quote:
BD9
Tru Dat. Big Donnie 9 doing Big Donnie 9 shite!
0
Posted on 8/31/18 at 4:07 pm to 9th life
quote:
That's kind of what I am thinking.
What is the tangible upside of this news?
Because maga?
Posted on 8/31/18 at 5:20 pm to bmy
Do y’all really think tariffs are the end game? You all root for sanctions all the time. Why? Because you want these countries to feel squeezed if they don’t do what is in the interest of the USA. Why do you differ on tariffs? Oh that’s right...TDS.
Posted on 8/31/18 at 5:34 pm to bmy
Upside?
1. People will buy another car, made in America, by an American worker. Sounds good to me. You?
1. People will buy another car, made in America, by an American worker. Sounds good to me. You?
Posted on 8/31/18 at 5:39 pm to LSUTigersVCURams
Y'all have lost your minds again. You should probably read the entire article first before assuming you understand what it meant.
"Moody’s Investors Service this week downgraded Ford’s credit rating to a step removed from junk, citing risks associated with a turnaround effort that Chief Executive Officer Jim Hackett has warned could cost $11 billion and take years. While analysts have warned that the company’s dividend may need to be cut, senior executives have maintained that it’s not at risk.
Last month, Ford’s stock dipped below $10 for the first time in almost six years. The shares dropped another 2.3 percent Friday to $9.48."
Seems as though this is really bad for an American company
"Moody’s Investors Service this week downgraded Ford’s credit rating to a step removed from junk, citing risks associated with a turnaround effort that Chief Executive Officer Jim Hackett has warned could cost $11 billion and take years. While analysts have warned that the company’s dividend may need to be cut, senior executives have maintained that it’s not at risk.
Last month, Ford’s stock dipped below $10 for the first time in almost six years. The shares dropped another 2.3 percent Friday to $9.48."
Seems as though this is really bad for an American company
Posted on 8/31/18 at 5:41 pm to BBONDS25
quote:
Do y’all really think tariffs are the end game? You all root for sanctions all the time. Why? Because you want these countries to feel squeezed if they don’t do what is in the interest of the USA. Why do you differ on tariffs? Oh that’s right...
You really are lying about being a lawyer. You must be a paralegal at best because you're not very bright. The tariffs have done nothing but harm American workers overall.
"Moody’s Investors Service this week downgraded Ford’s credit rating to a step removed from junk, citing risks associated with a turnaround effort that Chief Executive Officer Jim Hackett has warned could cost $11 billion and take years. While analysts have warned that the company’s dividend may need to be cut, senior executives have maintained that it’s not at risk.
Last month, Ford’s stock dipped below $10 for the first time in almost six years. The shares dropped another 2.3 percent Friday to $9.48."
Posted on 8/31/18 at 5:51 pm to dovehunter
quote:
1. People will buy another car, made in America, by an American worker. Sounds good to me. You?
Or they'll buy a cheaper and more dependable used foreign car instead of paying Trumps new tax
There are four-ish groups of losers here:
1) American consumers who now have less choices (and higher prices)
2) Ford
3) Dealerships who sell Ford products
4) Chinese manufacturing company that creates this product
Most of the losers seem to be Americans
This post was edited on 8/31/18 at 5:53 pm
Posted on 8/31/18 at 5:53 pm to Ebbandflow
quote:
You really are lying about being a lawyer. You must be a paralegal at best because you're not very bright
Jesus. Way to slam thousands of hard working paralegals. What a douche. Typical leftist.
quote:
The tariffs have done nothing but harm American workers overall.
There you go being shortsighted. You think tariffs are the end game. Talk about not bright.
quote:
citing risks associated with a turnaround effort that Chief Executive Officer Jim Hackett has warned could cost $11 billion and take years.
So, not tarrifs. Got it.
quote:
Last month, Ford’s stock dipped below $10 for the first time in almost six years
Six years? Thanks Obama.
This post was edited on 8/31/18 at 5:55 pm
Posted on 8/31/18 at 6:02 pm to LSUTigersVCURams
That's a nice free market you have there. Sure would be a shame if something where to happen to it.
Posted on 8/31/18 at 6:05 pm to AggieDub14
quote:
That's a nice free market you have there. Sure would be a shame if something where to happen to it.
Name one market in the US that is a truly feee market.
Posted on 8/31/18 at 6:06 pm to bmy
Trumps economy doing pretty well so far. Guess we’ll see. Most people I know are doing much better.
Posted on 8/31/18 at 7:28 pm to LSUTigersVCURams
quote:they arent building it in the USA, they're not moving the production from China to the US (at least according to the article you linked), they're just changing plans and not importing a car that already exists.
Build it in the USA. AMERICA FIRST!
this does nothing but hurt Ford.
Posted on 8/31/18 at 8:23 pm to MastrShake
BMY you aren’t doing well? Ford will be ok, they’ll make a few different business decisions and they’ll make more money making cars here. Trump loves America and will do whatever it takes to put America 1st regardless of what you and a bunch of globalists think.
I’ve imported industrial chemicals from China before. They are the ultimate bait and switch business people. We finally have a president who see through their BS and is calling them out on it. Our spineless leadership in the past 20 years have made America weaker and forced American companies to make poor business decisions. This is going to change. I hope you are able to enjoy the success of these decisions.
I’ve imported industrial chemicals from China before. They are the ultimate bait and switch business people. We finally have a president who see through their BS and is calling them out on it. Our spineless leadership in the past 20 years have made America weaker and forced American companies to make poor business decisions. This is going to change. I hope you are able to enjoy the success of these decisions.
Posted on 8/31/18 at 10:20 pm to 90proofprofessional
quote:
90proofprofessional
Courtesy, Nguyener
Posted on 8/31/18 at 10:21 pm to bmy
quote:
bmy
Courtesy, Nguyener
Posted on 8/31/18 at 10:23 pm to Ebbandflow
quote:
Ebbandflow
Courtesy, Nguyener
Posted on 9/1/18 at 1:28 am to deltaland
quote:
4. Hurts Chinese workers
Posted on 9/1/18 at 1:39 am to 9th life
quote:
So the results are
1. Americans won’t get another affordable option on this car
2. Ford sales will be impacted
3. No net benefit to the US as they wont build it here
4. Hurts Chinese workers
That's kind of what I am thinking.
What is the tangible upside of this news?
Depends on your philosophy I guess, do you believe it is in the governments best interest to promote miniscule savings over a revival of our manufacturing capacity?
Forget which party is in power this second and answer this for yourself.
Posted on 9/1/18 at 10:11 am to dovehunter
quote:
BMY you aren’t doing well? Ford will be ok, they’ll make a few different business decisions and they’ll make more money making cars here. Trump loves America and will do whatever it takes to put America 1st regardless of what you and a bunch of globalists think
Not as well as I was doing during Obamas last year. Not Trumps fault, though. Rising prices and soaring cost of living in my area has rocketed past wage growth.
My bills (with no significant change in lifestyle and no new debt) have increased around 3k a year lately and that is prior to these tariffs/taxes.
Southern cities were booming well before Trump took office and that comes with an increase in prices.. and a few painful years for non-homeowners.
This post was edited on 9/1/18 at 10:13 am
Posted on 9/1/18 at 10:16 am to bmy
quote:
Not as well as I was doing during Obamas last year. Not Trumps fault, though. Rising prices and soaring cos
Sorry you’re a poor.
quote:
have increased around 3k a year
Crumbs. Just ask Pelosi.
This post was edited on 9/1/18 at 10:17 am
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