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But even if only 50% is accomplished its still an improvement
For example in case of Apple the 500B announced was before the botched BBF rollout, was not for labor-intensive stuff like iphones, but for highly automated manufacturing of servers. So they will
employ maybe 300 guys. Maybe.
RWSGFY says
For example in case of Apple the 500B announced was before the botched BBF rollout, was not for labor-intensive stuff like iphones, but for highly automated manufacturing of servers. So they will
employ maybe 300 guys. Maybe.
What about the direct employees of that plant such as maintenance workers ? do they count toward manufacturing jobs ?
Obviously service workers like the trash company employees that empty the dumpsters for that building are not counted towards manufacturing jobs
.
Reagan took a bold step to protect U.S. auto manufacturing during the 1980s. He negotiated a *voluntary export restraint (VER)* with Japan, limiting the number of Japanese cars imported into the U.S. for four years. This gave American automakers time to retool and adapt to the competition. The policy also encouraged Japanese automakers to invest in U.S.-based assembly facilities, creating jobs and boosting the economy
WWRD:
Reagan took a bold step to protect U.S. auto manufacturing during the 1980s. He negotiated a voluntary export restraint (VER) with Japan, limiting the number of Japanese cars imported into the U.S. for four years. This gave American automakers time to retool and adapt to the competition. The policy also encouraged Japanese automakers to invest in U.S.-based assembly facilities, creating jobs and boosting the economy
Cat - skinned, collateral damage - minimal.
Donald Trump barely repelled a challenge to his global tariff offensive in the Republican-controlled U.S. Senate as the president’s trade policy stokes public fears of inflation and recession.
The Senate tied 49-49 in a Wednesday vote on a resolution to end the barrage of import taxes the president announced earlier this month on China and most other U.S. trading partners.
Republicans immediately pivoted to a procedural motion to effectively kill the measure, a move that required Vice President JD Vance to cast the tie-breaking vote. ...
Three Republican senators crossed party lines to join all Democrats in supporting the resolution. The resolution’s impact would have been primarily symbolic since Trump had vowed to veto it anyway. ...
The Senate earlier this month passed a resolution to eliminate tariffs Trump announced in February against Canada, though the president also said he would veto that measure if it reaches his desk.
McConnell and Whitehouse supported that resolution, as did the three Republican senators who voted on Wednesday to end the global tariffs: Rand Paul of Kentucky, Susan Collins of Maine and Lisa Murkowski of Alaska.
Under the U.S. Constitution (Article I, Section 8), Congress has the power to: "lay and collect Taxes, Duties, Imposts and Excises"
That includes setting tariffs. So Congress, not the President, has the explicit authority to impose or regulate tariffs.
In practice, Congress has delegated broad trade powers to the President through a series of laws, including:
Trade Expansion Act of 1962 (Section 232): lets the president impose tariffs for national security reasons.
Trade Act of 1974 (Section 301): lets the president respond to unfair foreign trade practices.
International Emergency Economic Powers Act (IEEPA): allows tariffs or restrictions in declared emergencies.
These laws gave presidents — including Trump — a lot of discretion to act unilaterally on tariffs.
What is not mentioned (couldn't quote the post - it was "too large" even though it was a single image) is that the Trump exempted bullion from the tariffs - that's why gold went from over $3500 now down below $3300. It was a run up against the perception that gold bullion would be subjected to tariffs.
Major mainstream media fail #1,000,000+
American employers added 177,000 jobs in April 2025, surpassing economists' expectation of 135,000 new jobs according to the Labor Department report released on Friday.
I'm noticing a lot about Libertarians these days.
A canon of Libertarianism is the free flow of capital and people across borders. I would expect a Libertarian to be for open borders and no tariffs.
Tariffs so far been huge fail. markets panicked, Trump cancelled tariffs. it’s not going anywhere.
Over $17 billion collected for April alone and more tariffs kicked in in May.
Fortwaye says
Tariffs so far been huge fail. markets panicked, Trump cancelled tariffs. it’s not going anywhere.
Over $17 billion collected for April alone and more tariffs kicked in in May.
we are in debt and our spending need as to drop a ton to not go off the clif
Yep, Trump is gonna try to go from the Federal deficit at 6% of GDP down to it being 3% of GDP over the course of 4 years. -- This the liberals call radical.
He didn't even do the primary,
WookieMan says
He didn't even do the primary,
WTF are you talking about?
He was on all of them. Only lost in two.
https://en.m.wikipedia.org/wiki/2024_Republican_Party_presidential_primaries
I hope Trump can show for 2025 that the deficit is not greater than $1.9 trillion as it would be the first time since 2000 that the deficit did not increase (adjusted for inflation).
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In Canada the government with its controlled media, whipped up Canadians into an anti-American frenzy. They pushed not buying US products, booed the US national anthem and even had its hockey team attack the US team. Nothing happened to deter the Fentanyl. Whay do you think is going to happen now that the month is up ????
In Mexico, there was a push for cartel friendly laws and a prohibition on using GMO corn (an American product). What the fuck do you think is going to happen ???
Their respective currencies are going to look like toilet paper and that's just the start.
For China. They didn't do anything about the Fentanyl, so they get an extra 10% tariff with the thought of more to come if they don't get a move on.