Screw U.S. Companies Whining About China Sanctions: Bring Those Jobs Back Home

Screw U.S. Companies Whining About China Tariff War: Bring Those Jobs Back Home

 

This oped to you will be short if not sweet today. This is simply my opinion on President Trump’s sanctions on countries like China and Mexico. These tariffs and sanctions do hurt a lot of companies here in the U.S. and it will make some of the products we buy here in the States more expensive. My response to that issue is simple, if they had not closed their manufacturing plants here in the States, throwing millions of Americans out of work then these issues would not be an issue to them or us at all. Companies, especially those on the world Stock Markets have moved ‘offshore’ for the purpose of higher profits at the cost to American jobs and the American tax structure need to be hit with at least a 100% tariff on everything they want to bring back into the U.S. for sell here. I am not a fan of President Trump at all, I literally can’t stand that crooked ignorant putz but I wish he would put up a program of tariffs and restrictions on any goods coming into into the States from such companies. When companies move out of this country it is so that they can increase their profit margins, period. It is not a reality that a company moves away and then lowers the prices of their products to give a better deal to the consumer.  Everything is about profits, period. Our government if they had any hootspa would make the tariffs so high on these traitorous companies that they would be forced to either quit selling to the American market, or bring their factories back here to the States in which they deserted. Personally as I have aged and had many years of observing the Stock Market systems I have come to the conclusion that Stock Markets are pure poison to the workers of the world, at the very least that is so here in the U.S.. Okay, that is my observation for the day, what are your thoughts on this issue?

Mexico Had Agreed To These ‘New’ Measures Months Ago

(THIS ARTICLE IS COURTESY OF CNN AND THE NEW YORK TIMES)
(THE FRAUD IN CHIEF STRIKES AGAIN, CREATE A PROBLEM, DO NOTHING, THEN FIX THE PROBLEM AND TAKE CREDIT FOR HIS ‘GREAT WORK’, TOTAL FRAUD!)(oped: oldpoet56)

Mexico had already promised to take many of the actions agreed to in Friday’s immigration deal with the US — months before President Donald Trump’s tariff threat, officials from both countries who are familiar with the negotiations told the New York Times in a story published Saturday.

Trump moved to accept the existing agreements in a deal Friday after negotiations prompted by his threat to impose growing tariffs on Mexico in response to the border situation dragged on over several days. Talks between Mexican Foreign Minister Marcelo Ebrard and State Department officials lasted for more than 11 hours Friday.
The Mexican government had pledged to deploy the National Guard nationwide with a focus on its southern border — a key part of Friday’s agreement — during secret meetings in March between former Homeland Security Secretary Kirstjen Nielsen and Mexican interior secretary Olga Sanchez in Miami, the officials told the Times.
The deal’s key expansion of a program that would keep asylum seekers in Mexico while their claims are processed was established in two heavily brokered two diplomatic notes exchanged between the two countries, the Times reported. Nielsen announced the Migrant Protection Protocols during a House Judiciary Committee hearing in late December.
One senior government official insisted to the Times that the Mexican government agreed to move to deter migrants faster and more aggressively than they ever had before this week’s talks.
As Ebrard noted in a news conference after the agreement’s announcement Friday, the Mexican government did not accept the US’s push for a safe third country agreement, which would require asylum seekers traveling through Mexico to make their case for American asylum in Mexico.
“They proposed in the first meeting to have (a) third safe state, which is not the case here, which is very important. And on the other hand, we accepted to have a more extended version of (migrants remaining in Mexico during asylum claim processing) and to accelerate the deployment of the national guard,” Ebrard said, calling the deal “a fair play.”
Trump presented the deal as a win in a pair of tweets early Saturday.
“Mexico will try very hard, and if they do that, this will be a very successful agreement for both the United States and Mexico!” the President wrote in a tweet. He continued later: “MEXICO HAS AGREED TO IMMEDIATELY BEGIN BUYING LARGE QUANTITIES OF AGRICULTURAL PRODUCT FROM OUR GREAT PATRIOT FARMERS!”
Mexican President Andrés Manuel López Obrador said Saturday that he had a phone call with Trump after negotiators reached a deal Friday.
“I spoke on the telephone with President Trump,” Lopez Obrador tweeted in Spanish on Saturday. “I told him that in Tijuana I would say that I do not lift a clenched fist but an open and frank hand to the president of the United States. We reiterated our disposition to friendship, dialogue and collaboration for the good of our countries.”
Democratic congressional leaders slammed Trump for his attempts to negotiate a deal.
Senate Majority Chuck Schumer jabbed Trump’s repeated return to the issue, tweeting Friday night: “This is an historic night! @realDonaldTrump has announced that he has cut a deal to ‘greatly reduce, or eliminate, Illegal Immigration coming from Mexico and into the United States.’ Now that that problem is solved, I’m sure we won’t be hearing any more about it in the future.”
On Saturday, House Speaker Nancy Pelosi accused Trump in a statement of having “undermined America’s preeminent leadership role in the world by recklessly threatening to impose tariffs on our close friend and neighbor to the south.”
Congress, she said, will hold the White House “accountable for its failures to address the humanitarian situation at our southern border.”

We Should Only Put Tariffs On U.S. Companies Shipping Back To America

We Should Only Put Tariffs On U.S. Companies Shipping Back To America

 

This article is simply just my opinion on the matter of ‘Trade War’s and Tariffs’. I am all for certain tariffs on freight coming into the United States, but not on all freight. I do not claim to be an Economist as my degrees are not in this field. They are only the opinions of one old man who has spent his whole lifetime living here in the States. Now, the reason I say what I do is this, American jobs. I was in the trucking industry for three decades and I witnessed multiple times where companies in the northern states in particular and in Canada who closed up their manufacturing plants and moved them to Mexico because of the costs to operate there was much less. So they would close up their factories here to save money and to increase their profits. It makes sense, good business policy, right? Have you ever noticed that when a company closes up here in the States and opens in another country for cost savings that the prices of their products on our Nation’s retailers shelves do not go down? The simple truth is that in business everything is only about profits, especially if a company is on a Stock Exchange. In my belief, stock exchanges are a death sword to the working people who actually make the products. If a company lays off a bunch of workers or is able to bust a Union, the value of their stock shares goes up. If a company closes their factory and moves it to another country, their stock values go up. These things are simple reality, the truth.

 

I often knock companies like WalMart who import most all of their store products from countries like China. To me, buying from China is the worst thing that we could possibly do as they use that income to create more and better weapons in which to kill the people of the Democratic free world. It is stupid to give them the bullets to kill you and your family with. I do not blame any company for opening a factory in a different country as long as the factory only makes products for that country. Where I strongly disagree is when a company closes here in the States, laying off American workers and then turns around and imports those products back into America for the laid off workers to buy. For an example, if General Motors wants to build a factory in China, India or anywhere else for the purpose of only creating vehicles for that Nation I honestly don’t have a problem with that. We have many car makers here in the U.S. that are based in other nations. Here in the U.S. we have Subaru, Mercedes, BMW, Toyota and Nissan factories which all created good paying jobs for American families. This is more profitable than shipping them here and paying the tarif costs.

 

My thoughts on these tarif wars is quite simple, have free trade flowing between all nations except for what I consider to be treasonous American companies who move elsewhere but wants Americans to buy their products. It is my belief that in every case where American companies have moved away, costing American jobs that those import tariffs should be at 100%. Make it not profitable for any American company to outsource American jobs if they want to sell their products here. This might cause some economic pain in the short term but if these companies are basically forced to reopen or build manufacturing facilities here in the States, in the long term it will be a very good thing for the American people. Also, such an ironclad tariff policy would keep other American companies from following the other traitors paths and moving away also. We have to protect our own jobs, just as any country does, we have to make it unprofitable for any company to screw the people and communities like what has been the norm for so long now.

China to issue white paper on China-US economic, trade talks stance

(THIS ARTICLE IS COURTESY OF THE SHANGHAI CHINA NEWS AGENCY SHINE)

 

China to issue white paper on China-US economic, trade talks stance

Xinhua

China will issue a white paper about its stance on economic and trade talks with the United States Sunday morning.

The white paper, titled China’s Position on the China-US Economic and Trade Consultations, will be released at 10am on June 2 by the State Council Information Office, which will also hold a press conference.

China: Escalated trade tensions disrupt China’s pork imports from US

(THIS ARTICLE IS COURTESY OF SHANGHAI CHINA’S ‘SHINE’ NEWS NETWORK)

 

Escalated trade tensions disrupt China’s pork imports from US

Xinhua

The escalating trade conflicts have consequently disrupted Chinese pork imports from the United States, according to the Ministry of Commerce.

Chinese companies make their own decisions as to whether to import pork from the US or not, the spokesperson Gao Feng said at a press conference on Thursday.

His comments came as some reports said China recently canceled import order for up to 1,000 tons of US pork.

Gao said there are no other limits or management measures in terms of pork imports except that they have to comply with quarantine standards, and Chinese companies can make their own business decisions and freely trade according to market supply and demand, prices and quality.

China has increased its meat imports since the second half of 2018 partly due to the declines in pig breeding stock and pork output.

Meat imports stood at 1.11 million tons during the first quarter, up 11.6 percent year on year, Gao said, adding that he expects the country will continue to increase meat imports over the rest of the year.

Germany, Spain, the US, Canada, Denmark, Brazil, Netherland and France are among the major sources of China’s pork imports, according to data from Chinese customs.

China’s Communist Party made a flashy graphic to show everyone what it thinks about the trade war

(THIS ARTICLE IS COURTESY OF CNBC AND CHINA’S ‘PEOPLE’S DAILY’ NEWS OUTLET)

 

China’s Communist Party made a flashy graphic to show everyone what it thinks about the trade war

KEY POINTS
  • The People’s Daily, China’s official newspaper for the Communist Party, publishes a post titled “This, is China’s attitude!” on its official WeChat account.
  • The post contains a graphic with three slogans touting the country’s defiant attitude in face of trade tensions with the U.S.
  • The dispute escalated overnight with Beijing retaliating against the latest round of U.S. tariffs on Chinese goods.

The official newspaper for China’s Communist Party published a morale-boosting graphic on Tuesday touting the country’s defiant attitude in the face of trade tensions with the U.S.

“This, is China’s attitude!” the People’s Daily said in the headline of a post on its official WeChat account.

The post contained just one image, with three slogans in gold lettering printed over the red Chinese flag and a picture of shipping containers. CNBC’s translation of the Chinese phrases reads:

“Negotiate, sure!”

“Fight, anytime!”

“Bully us, wishful thinking!”

Trade negotiations between the world’s two largest economies took a negative turn last week. On Friday, the U.S. raised tariffs on $200 billion worth of imported goods from China to 25% from 10%. Beijing responded late Monday local time with tariffs of up to 25% on $60 billion worth of U.S. goods.

China steps up US criticism

(THIS ARTICLE IS COURTESY OF CHINA’S GLOBAL TIMES NEWS NETWORK)

 

China steps up US criticism

By Wang Cong Source:Global Times Published: 2019/5/14 23:13:40

FM pushes back on Washington claims, keeps options open


Photo: VCG

China on Tuesday stepped up criticism of the US as tensions between the world’s largest economies continued to escalate, blaming the US for the renewed escalation that has roiled global financial markets and saying the US has underestimated China’s resolve and ability to defend itself.

As Chinese and US officials continued to exchange harsh words, China needs to be prepared for a protracted war with countermeasures and long-term reform and opening-up efforts, analysts said on Tuesday.

Asked at a routine press briefing about the US threat to impose tariffs on $300 billion in Chinese goods, Geng Shuang, a spokesperson for the Foreign Ministry, did not mince words about China’s plan to fight back.

“When it comes to a trade war, China does not want to fight one or is willing to fight one, but China is also absolutely not afraid to fight one,” Geng said. “If someone has brought the fight to our doorsteps, we will fight to the end.”

Though the spokesperson did not specify measures, China appears to keep options open. Asked about claims in social media that China should stop purchasing US agricultural and energy goods and Boeing airplanes if it retaliates, Geng declined to comment about the report but also stopped short of issuing a denial.

US officials appear to be moving forward with a threat to impose tariffs on $300 billion in Chinese goods. They plan a public hearing on June 17.

China announced it will impose tariffs of between 5 percent and 25 percent on $60 billion in US products starting June 1 in response to the US decision to increase tariffs on $200 billion in Chinese goods.

US miscalculation

China’s retaliation on Monday might have surprised US President Donald Trump and other US officials, who appeared to think that they could use tariffs to pressure China into signing an agreement, according to Wei Jianguo, a former Chinese vice commerce minister.

“I don’t think they thought about China’s will and resolve to defend its core national interests and major concerns, especially at the final stage,” Wei said. “They also haven’t considered China’s ability to stand up to pressure… and the reaction from US [consumers and companies].”

Geng also said that some in the US might have miscalculated the situation, continued to confuse the public, and asked for unreasonably  higher prices. “So we would certainly push back against these claims,” Geng said.

US officials have claimed that China walked back on a “95 percent” done deal and blamed that for the escalation.

Citing previous cases where the US backtracked from deals, Geng said that the US cannot accuse China of walking back from its positions and promises.

Prolonged war

Though both Chinese and US officials left some room for further talks, with Trump publically calling for a meeting with President Xi Jinping at the G20 summit in Japan in June and Chinese officials calling for the US to meet China halfway, no formal plan has been announced so far, leading some to believe this could be a prolonged trade war.

To prepare for a protracted war, analysts said, China must continue to carry out reforms and opening-up measures to boost market vitality and expand overseas markets for Chinese products to reduce reliance on the US market or any other single market.

“The reform and opening-up policy has been a magic key for China to address serious issues over the past 40 years. And a magic key is what we need to deal with the situation now,” said Cao Heping, an economics professor at Peking University, noting that more concrete actions are needed.

China has opened up more sectors to foreign investors, including finance, manufacturing and healthcare, and passed a new Foreign Investment Law to offer greater market access and better protection for foreign firms. It has cracked down on intellectual property rights violations and sought to increase foreign goods.

“The trade war has not changed and will not change China’s pace for further reform and opening-up,” Liu Ying, a research fellow with the Chongyang Institute for Financial Studies at Renmin University of China in Beijing, told the Global Times on Tuesday.

Posted in: DIPLOMACY,ECONOMY

China hits back by raising tariffs on US products

(THIS ARTICLE IS COURTESY OF THE SHANGHAI CHINA’S SHINE NEWS)

 

China hits back by raising tariffs on US products

Xinhua

China yesterday announced that it will raise the rate of additional tariffs imposed on some of the imported US products from June 1.

China had earlier imposed additional tariffs on US$60 billion worth of US imports, the rates of additional tariffs on some of the products will now be increased to 25 percent, 20 percent and 10 percent, according to a statement by the Customs Tariff Commission of the State Council.

A total of 5,140 US products will be subject to additional tariffs of 5 percent, 10 percent, 20 percent and 25 percent starting on June 1, the finance ministry said in a statement yesterday.

The decision follows the US move to increase tariffs on US$200 billion worth of Chinese goods from 10 percent to 25 percent as of May 10.

The measure taken by the United States escalated trade frictions and violated the consensuses reached by both sides to tackle trade disputes through consultations, the statement said.

The US move damaged the interests of the two sides and did not meet universal expectation of the international community, it said.

To defend multilateral trade mechanisms and safeguard its own rights and interests, China had to adjust its additional tariffs on some of the goods imported from the United States in response to the US act of unilateralism and trade protectionism, the statement noted.

China hopes that the United States would return to the right track of bilateral economic and trade consultations, make joint efforts with China to meet each other halfway and strive to reach a mutually beneficial and win-win agreement on the basis of mutual respect.

Total Trade Stoppage With China Could Be A Good Thing For American Workers

Total Trade Stoppage With China Could Be A Good Thing For American Workers

 

I know that many people here in the U.S. will in the short term be hit financially if this ‘trade war’ with China continues. The American companies on the U.S. Stock Market has taken a hit with these tariffs the White House is talking about, I know this is hurting some American businesses like WalMart who import a huge amount from China, so be it, they need to be hurt, badly.  There is a reason for my view, I just hope you can see what I am talking about.

 

American businesses need to be hurt because of their treason toward the American Nation and her people. How many thousands of businesses have been shuttered because of companies like WalMart who for a penny or two lower price per product will buy from other countries like China (whose Leaders hate us) instead of buying from U.S. Companies who have their factories here in the U.S. giving jobs to American workers. Companies like WalMart cater to low income people yet how many of these people are poor because of these companies ‘buy foreign first’ business practices? The rich, especially the super rich like to complain about the poor as people who suck away their profits and produce nothing and how they say the poor don’t pay their fair share. If an owner of a company moves their operation out of the States thus firing all their American workers it should be the Companies Leadership who should be punished, not the workers. These companies should have to pay a tariff of about 90% on all goods they import back to the American market. Make it not worth their bottom line to close American factories and fire their American workers. In the business world everything is always about profits, the money that goes to the top is the only thing that has mattered for decades not. Most businesses and government officials should be charged with treason against the the American Flag and Her people, not profit from their demise that they themselves are causing! Rebuild America’s factories and infrastructure now, create jobs for American workers first. Our exports like grain and soy beans can easily be sold to other world markets. There is no logic besides greed that dictates us selling anything to or importing anything from other countries like China whom is trying to wipe us out. But then again, these words to you today are just the opinions of an old poet.

WalMart Is The Single Biggest American Job Killer

WalMart Is The Single Biggest American Job Killer

 

These days we hear alot about a trade war between the U.S. and China. Currently Chinese imports are hit with a %10 tariff and President Trump has been touting raising that to %25. What this would do is that it would raise the cost that American Retailers charge their own customers for these made in China items by about another %15. There is always the unrealistic thought that maybe the retailers wouldn’t pass their costs onto their customers. As I said, this is unrealistic and it will not happen, even if a company was willing to take that financial hit their stockholders would do a massive stock dump which would cost a company even more.

 

This article to you this evening is about the Walton family who oversees the direction of the WalMart/Lowes financial kingdom. WalMart buys around 60 Billion Dollars each year from China, a %25 tariff on Chinese products would cost the company about 9 Billion Dollars a year at their current purchasing levels. Have you ever gone into a WalMart store and checked where the product tag says it was made? Outside of food items of which they purchase a great deal of from Mexico, it literally seems like most everything in their stores are made in China or from some other third world nation who abuses the hell out of their employees like in Indonesia, Vietnam and Thailand. Just think if WalMart actually did buy American products how many millions of jobs that would create here in the States. Most all of us know by now that most everything you see with a made in China tag on it you know that the product has almost no quality to it at all. Your buying junk, but supposedly your getting a ‘discounted’ price.

 

Another thing that People should take into account when they choose to buy made in China products is that we, just like WalMart and Target (the second biggest buyer of Chinese products) are handing their Military billions of dollars of weapons each year. Just think about it for a moment, if you buy your products at a WalMart most likely you are cutting the throats of every person in America. You give China many billions of dollars worth of weapons (which they do not buy from us) and you are cutting the throats of millions of would be American job holders. I’m just saying, think about what you are doing to all of the world when you buy this made in China junk.