471–480 of 704 posts
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I'm from China. I know what real numbers and news come out of China.
Sure, you are. You created this account 2 hours ago, all comments anti China, perfect english and you write about China as "their" country in one of the comments.
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Yes, a tariff can be a good measure. But for that the tariffed goods need to be selected carefully and rationally und not whatever the heck the Trump administration is doing. For example you can tariff bananas all you like, that won't spark widespread banana production in a climate that can't grow them.
Hawaii produces 6.3 million lbs per year of bananas which is a tiny fraction of the 8 million metric tons per year Ecuador produces. Labor and land cost is the primary reason Hawaii can't compete with Latin America, but long-standing tariffs could change that.
Unless you turned over all the islands exclusively to bananas, and forget about tourism, pineapples or anything else, you’re not even going to get close.
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My point of view , from Europe, is that political violence is already there in the US. As well as state violence (not just on political opponents, but also on all minorities and "people who have a different opinion"). The next step is indeed a second civil war, with 21st century characteristics (hybrid war, etc...) I am not enthusiastic about the near future for the US nor for the world.
I don't understand why there isn't a market or company that develop already to move all items to low tariff area before sending to US. I know that manufacturing things here in Europe, there already used to be round trip by airplane and co to try to lower VAT paid on purchases to the maximum.
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Ironically, if a civil war was going to happen it will be because Trump's overuse of the military. It is such an newbie African dictator mistake. Every time you use the military to put down civil unrest you give them an inch of your power and before you know it, they figure they don't need the regime anymore. You will never see Putin outsourcing civilian tasks to the military.
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My point of view , from Europe, is that political violence is already there in the US. As well as state violence (not just on political opponents, but also on all minorities and "people who have a different opinion"). The next step is indeed a second civil war, with 21st century characteristics (hybrid war, etc...) I am not enthusiastic about the near future for the US nor for the world.
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If there’s demand for 5 million units and supply of 6 million prices will go down as 1 million units will be empty If there’s demand for 5 million units and supply of 4 million, prices will go up and 1 million will move out of the city
You conveniently left out the part where many large corporate landlords collude by using software like RealPage to enable widescale price fixing.
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I’m curious whether it’s more the tariffs, or the uncertainty. No one knows what will happen on a day-to-day basis: the chaotic (and illegal) decision-making leaves everyone wondering what’s next.
The hiring slowdown predates tariffs. For various reasons CEOs either believe they can do more with less people, or that they can hire cheaper people in other geographies, or both. Businesses (tech or financials) don't seem to be telegraphing uncertainty, S&P 500 revenue is at all times high and trending up, earnings/profit all time highs and trending up, valuations all times high and trending up.
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Low labor costs are not why goods are produced in China. That viewpoint is outdated. Goods are produced in China because they have the most capacity and expertise. Don’t believe me. Believe Tim Cook: https://m.youtube.com/watch?v=2wacXUrONUY
He’s giving that speech in China. It’s impossible to know if he’s glazing or not. Either way, I would want to hear him commit to building those factories in the US if education was not a factor. I suspect real estate costs, unions, OSHA, and US wages are bigger factors than he’s letting on. Still, I’m not going to fault the man for complimenting China while speaking to a Chinese audience.