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The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman

 
Anonymous Coward
User ID: 77173110
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10/07/2019 07:15 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
...


But that doesn't back up your statement that there were one million new jobs in July.

Because there we not one million new jobs in July.
 Quoting: Anonymous Coward 76103257


yes there were, there were 1 million new jobs postings

in the month of July than available workers.

You just like to argue because you are stupid.

No American wants to see their economy go down hill

unless they are an enemy of the state.
 Quoting: Jake


Just because you keep repeating the same false statement doesn't make it become true.

From the Bureau of Labor Statistics report for July:

Total nonfarm payroll employment rose by 164,000 in July, and the unemployment rate was unchanged at 3.7 percent

[link to www.bls.gov (secure)]
 Quoting: Anonymous Coward 77173110


It does make it true because it is, True.

There were over 1 million new jobs postings

In the month of July than available workers

[link to www.marketwatch.com (secure)]
 Quoting: Jake


"Jake News" busted. Again.

Any further comment would be superfluous.
Jake

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10/07/2019 07:16 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
...


yes there were, there were 1 million new jobs postings

in the month of July than available workers.

You just like to argue because you are stupid.

No American wants to see their economy go down hill

unless they are an enemy of the state.
 Quoting: Jake


Just because you keep repeating the same false statement doesn't make it become true.

From the Bureau of Labor Statistics report for July:

Total nonfarm payroll employment rose by 164,000 in July, and the unemployment rate was unchanged at 3.7 percent

[link to www.bls.gov (secure)]
 Quoting: Anonymous Coward 77173110


It does make it true because it is, True.

There were over 1 million new jobs postings

In the month of July than available workers

[link to www.marketwatch.com (secure)]
 Quoting: Jake


"Jake News" busted. Again.

Any further comment would be superfluous.
 Quoting: Anonymous Coward 77173110


No proven right again you are a dipshit.

we are reaching the point of the best economy in 100 years

Last Edited by Slowly awakening on 10/07/2019 07:17 PM
Evil controls the ignorant... Climate change is a hoax so is the vax you have been fear-porned into compliance!

Definition Satan from the bible: Satan (Rev 12:7) exercising his subtle (indirect) impact on heathen governments (powers) – i.e. accomplishing his hellish agenda from "behind the scenes."
Anonymous Coward
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10/07/2019 07:18 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
How dare we fight back! Let’s just China keep winning!
xenophon

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10/07/2019 07:19 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
...


no moron it was in the jobs report, these are reports

from privately owned companies.

1 million new jobs... deal with it.
 Quoting: Jake


Keep on making an ass of yourself with those Jake News stats!

“ The unemployment rate declined to 3.5 percent in September, and total nonfarm payroll employment rose by 136,000”

That’s a few jobs short of million, dontcha think?

epiclol
 Quoting: Anonymous Coward 77771414


July Jobs Report had had 1 million more Jobs Listings

Than Employees to fill them, google it.
 Quoting: Jake



OK, I googled it:


Bureau of Labor Statistics September report:

The unemployment rate declined to 3.5 percent in September, and total nonfarm payroll employment rose by 136,000, the U.S. Bureau of Labor Statistics reported
today.

[link to www.bls.gov (secure)]

Just cut your bullshit here and go play in your own thread.
 Quoting: Anonymous Coward 77569728


Lol @ the fake unemployment rate, how can anyone believe it's only 3.5% is beyond me

Non farm payrolls have been manipulated since 2000, the figure means nothing

No surprise that the narrative is focusing on that and ignoring the indicators with merit which show the economy is shrinking
the 3rd shaking
Anonymous Coward
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10/07/2019 07:19 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
...


But that doesn't back up your statement that there were one million new jobs in July.

Because there we not one million new jobs in July.
 Quoting: Anonymous Coward 76103257


yes there were, there were 1 million new jobs postings

in the month of July than available workers.

You just like to argue because you are stupid.

No American wants to see their economy go down hill

unless they are an enemy of the state.
 Quoting: Jake


Just because you keep repeating the same false statement doesn't make it become true.

From the Bureau of Labor Statistics report for July:

Total nonfarm payroll employment rose by 164,000 in July, and the unemployment rate was unchanged at 3.7 percent

[link to www.bls.gov (secure)]
 Quoting: Anonymous Coward 77173110


It does make it true because it is, True.

There were over 1 million new jobs postings

In the month of July than available workers

[link to www.marketwatch.com (secure)]
 Quoting: Jake


Nowhere in that article does it say that 1 million new jobs were created in July; however, the US Labor Department stated that 164,000 new jobs were created in July.
Anonymous Coward
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10/07/2019 07:20 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
No it has not. Rolling my eyes.
Anonymous Coward
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10/07/2019 07:21 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.

Trump has repeatedly — and inaccurately — claimed that China will pay for tariffs imposed by the U.S.

“One might have expected that Chinese exporters of tariff-affected goods would have to lower their prices somewhat to compete in the US market, sharing in the cost of the tariffs,” Goldman said.

“However, analysis at the extremely detailed item level in the two new studies shows no decline in the prices (exclusive of tariffs) of imported goods from China that faced tariffs.”

Goldman also said the risk of a final round of tariffs on the roughly $300 billion of remaining imports from China has now risen to 30%.

Further escalation of the trade war could also result in a 0.4% hit to GDP, and if trade tensions instigated a sell-off in the equity market, the growth impact could worsen, Goldman said.

[link to cnb.cx (secure)]
 Quoting: Anonymous Coward 77977379


Trade wars are good and easy to win.


--- Donald Trump, March 2018
Anonymous Coward
User ID: 76461169
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10/07/2019 07:22 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.

Trump has repeatedly — and inaccurately — claimed that China will pay for tariffs imposed by the U.S.

“One might have expected that Chinese exporters of tariff-affected goods would have to lower their prices somewhat to compete in the US market, sharing in the cost of the tariffs,” Goldman said.

“However, analysis at the extremely detailed item level in the two new studies shows no decline in the prices (exclusive of tariffs) of imported goods from China that faced tariffs.”

Goldman also said the risk of a final round of tariffs on the roughly $300 billion of remaining imports from China has now risen to 30%.

Further escalation of the trade war could also result in a 0.4% hit to GDP, and if trade tensions instigated a sell-off in the equity market, the growth impact could worsen, Goldman said.

[link to cnb.cx (secure)]
 Quoting: Anonymous Coward 77977379


Oy gavult, we must beLIEve GOLDMAN!
Anonymous Coward
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10/07/2019 07:25 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.

Trump has repeatedly — and inaccurately — claimed that China will pay for tariffs imposed by the U.S.

“One might have expected that Chinese exporters of tariff-affected goods would have to lower their prices somewhat to compete in the US market, sharing in the cost of the tariffs,” Goldman said.

“However, analysis at the extremely detailed item level in the two new studies shows no decline in the prices (exclusive of tariffs) of imported goods from China that faced tariffs.”

Goldman also said the risk of a final round of tariffs on the roughly $300 billion of remaining imports from China has now risen to 30%.

Further escalation of the trade war could also result in a 0.4% hit to GDP, and if trade tensions instigated a sell-off in the equity market, the growth impact could worsen, Goldman said.

[link to cnb.cx (secure)]
 Quoting: Anonymous Coward 77977379


China has exhibited bad behavior for decades. Blatant theft of American IP and currency manipulation. Both of these cost American jobs. If companies manufacturing their crap in China feel enough pain, they will move. The might not move back to the US, but rather to a country that doesn't screw us over (IP & manipulation). We cannot continue to reward bad behavior and look the other way. China needs to be dialed in and spanked, and the tariffs are hurting them despite what they claim publicly.
Anonymous Coward
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10/07/2019 07:26 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
So the cost of China's tariffs on us are falling entirely on Chinese business and households?
Anonymous Coward
User ID: 78062668
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10/07/2019 07:26 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.

Trump has repeatedly — and inaccurately — claimed that China will pay for tariffs imposed by the U.S.

“One might have expected that Chinese exporters of tariff-affected goods would have to lower their prices somewhat to compete in the US market, sharing in the cost of the tariffs,” Goldman said.

“However, analysis at the extremely detailed item level in the two new studies shows no decline in the prices (exclusive of tariffs) of imported goods from China that faced tariffs.”

Goldman also said the risk of a final round of tariffs on the roughly $300 billion of remaining imports from China has now risen to 30%.

Further escalation of the trade war could also result in a 0.4% hit to GDP, and if trade tensions instigated a sell-off in the equity market, the growth impact could worsen, Goldman said.

[link to cnb.cx (secure)]
 Quoting: Anonymous Coward 77977379


Oy gavult, we must beLIEve GOLDMAN!
 Quoting: Anonymous Coward 76461169


I guess Trump believed Goldman when he filled his swamp by hiring Steve Mnuchin, who worked at Goldman-Sachs for 17 years.
Anonymous Coward
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10/07/2019 07:27 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Really?

I'm sitting here looking at a pack of Terramar
socks made in China. Terra heat thermal. $6/pair and they are the bomb. Best socks ever.
xenophon

User ID: 77883755
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10/07/2019 07:31 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.

Trump has repeatedly — and inaccurately — claimed that China will pay for tariffs imposed by the U.S.

“One might have expected that Chinese exporters of tariff-affected goods would have to lower their prices somewhat to compete in the US market, sharing in the cost of the tariffs,” Goldman said.

“However, analysis at the extremely detailed item level in the two new studies shows no decline in the prices (exclusive of tariffs) of imported goods from China that faced tariffs.”

Goldman also said the risk of a final round of tariffs on the roughly $300 billion of remaining imports from China has now risen to 30%.

Further escalation of the trade war could also result in a 0.4% hit to GDP, and if trade tensions instigated a sell-off in the equity market, the growth impact could worsen, Goldman said.

[link to cnb.cx (secure)]
 Quoting: Anonymous Coward 77977379


China has exhibited bad behavior for decades. Blatant theft of American IP and currency manipulation. Both of these cost American jobs. If companies manufacturing their crap in China feel enough pain, they will move. The might not move back to the US, but rather to a country that doesn't screw us over (IP & manipulation). We cannot continue to reward bad behavior and look the other way. China needs to be dialed in and spanked, and the tariffs are hurting them despite what they claim publicly.
 Quoting: Anonymous Coward 74775434


If trump was serious he would've delisted Chinese stocks, turned out to be another empty threat. He's a master of good cop bad cop muppet theatre. He would rather sacrifice his own than attack the enemy in real time
the 3rd shaking
Anonymous Coward
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Australia
10/07/2019 07:32 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.

Trump has repeatedly — and inaccurately — claimed that China will pay for tariffs imposed by the U.S.

“One might have expected that Chinese exporters of tariff-affected goods would have to lower their prices somewhat to compete in the US market, sharing in the cost of the tariffs,” Goldman said.

“However, analysis at the extremely detailed item level in the two new studies shows no decline in the prices (exclusive of tariffs) of imported goods from China that faced tariffs.”

Goldman also said the risk of a final round of tariffs on the roughly $300 billion of remaining imports from China has now risen to 30%.

Further escalation of the trade war could also result in a 0.4% hit to GDP, and if trade tensions instigated a sell-off in the equity market, the growth impact could worsen, Goldman said.

[link to cnb.cx (secure)]
 Quoting: Anonymous Coward 77977379


Fuck off, you white genocide motherfucking commie cocksucker.
 Quoting: Anonymous Coward 78061438


How did that story trigger you into that rant?
Anonymous Coward
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10/07/2019 07:44 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
I dont even have to praise trump to help secure him votes. I just show people all the creepy crap about the other people.
doom
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10/07/2019 07:46 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
who buys stuff besides food anyway?
 Quoting: Grove Street


Not many.
 Quoting: Anonymous Coward 77674829


The biggest problem we all have, both left and right

are huge companies like Amazon that will eventually put

the entire nation out of work.
 Quoting: Jake


Jake, you're a real swell person, polite and courteous, but you are out of your fucking mind on the shit you believe.

Amazon starts workers at $15/hr. These entry level jobs have the skill level of minimum wage flipping burgers type jobs at about twice the pay.

Amazon .com is millions of small businesses who send their products, inventions, new American brand products that are invented by Americans who need a way to market what they produce. Terrible, huh? Lets eliminate Amazon so workers can make less at the big brand brick and mortar stores, at higher prices. Then eliminate ALL Chinese goods, and we can all sing kumbaya, holding hands, selling pine cones and flip phones made in the USA by attention deficit millenials who will be jumping for joy to work for $400/mo.

I really want this tariff bullshit to be a lesson for tariff tards. I'd like to see the full impact of the inflation, as expected, raising interest rates and crashing the stock market, housing market, auto market (GM and Ford buy a shitload of Chinese components to make cars and all that is going up in price).

Oh no, China will pay! Bullshit ! Asians are the cheapest people on earth, and will not lower prices to absorb tarrifs. They count every cent and the only thing that keeps their prices down is competition by other companies within their country. They don't give a hoot that US just taxed its own citizens on after-tax dollars for consumers. It just proves how ignorant Americans can be when it comes to math.

EVERYTHING will be going up. Businesses will scale down inventories and employees. Good, I'm done trying to convince anyone, I want it to happen exactly at Q1 2020, as expected, and a huge recession within two years. I want to see markets crash and millions living in tent cities due to foreclosures. Then and only then will the tariff tards get it. Until then, just keep dancing on the deck of the Titanic because its too big and proud to sink..
Anonymous Coward
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10/07/2019 07:46 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Well if goldman sucks says it's true, then it must be gospel, because they have never been known to lie!!

:eyeroll:
MlCHAEL

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10/07/2019 07:48 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
1 million jobs in July and not enough people to fill them


This means wages are going up and they are
 Quoting: Jake


Does not matter how high wages rise.

It takes around 18 years to produce a new worker.

Supply to current demand needed to be planned for 20 years ago.
MlCHAEL
xenophon

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10/07/2019 07:49 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.

Trump has repeatedly — and inaccurately — claimed that China will pay for tariffs imposed by the U.S.

“One might have expected that Chinese exporters of tariff-affected goods would have to lower their prices somewhat to compete in the US market, sharing in the cost of the tariffs,” Goldman said.

“However, analysis at the extremely detailed item level in the two new studies shows no decline in the prices (exclusive of tariffs) of imported goods from China that faced tariffs.”

Goldman also said the risk of a final round of tariffs on the roughly $300 billion of remaining imports from China has now risen to 30%.

Further escalation of the trade war could also result in a 0.4% hit to GDP, and if trade tensions instigated a sell-off in the equity market, the growth impact could worsen, Goldman said.

[link to cnb.cx (secure)]
 Quoting: Anonymous Coward 77977379


China has exhibited bad behavior for decades. Blatant theft of American IP and currency manipulation. Both of these cost American jobs. If companies manufacturing their crap in China feel enough pain, they will move. The might not move back to the US, but rather to a country that doesn't screw us over (IP & manipulation). We cannot continue to reward bad behavior and look the other way. China needs to be dialed in and spanked, and the tariffs are hurting them despite what they claim publicly.
 Quoting: Anonymous Coward 74775434


If trump was serious he would've delisted Chinese stocks, turned out to be another empty threat. He's a master of good cop bad cop muppet theatre. He would rather sacrifice his own than attack the enemy in real time
 Quoting: xenophon


Trump has 100,000,000 patriots behind him. You stupid globalist motherfucker. Die of cancer. Maybe you can bleed out your ass, like you bleed out your fucking mouth.

Bitch.
 Quoting: Anonymous Coward 78061438


So the Don is getting the fed to devalue USD for 100,000,000 patriots so they have to pay more for goods while multi national companies can make more profit?
the 3rd shaking
Anonymous Coward
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10/07/2019 07:54 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
1 million jobs in July and not enough people to fill them


This means wages are going up and they are
 Quoting: Jake


Does not matter how high wages rise.

It takes around 18 years to produce a new worker.

Supply to current demand needed to be planned for 20 years ago.
 Quoting: MlCHAEL


Speaking for myself and probably for many others here, I think it does matter if I get a raise each year that is at least greater than than the inflation rate.

That's just not happening.
Anonymous Coward
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10/07/2019 07:55 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
1 million jobs in July and not enough people to fill them


This means wages are going up and they are
 Quoting: Jake


Does not matter how high wages rise.

It takes around 18 years to produce a new worker.

Supply to current demand needed to be planned for 20 years ago.
 Quoting: MlCHAEL


OK, so that means Bill Clinton should get the credit for all these new jobs we are seeing now. lol
Anonymous Coward
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10/07/2019 07:58 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
So? What do you suggest we do about China ?
gizmo
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10/07/2019 08:29 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
So? What do you suggest we do about China ?
 Quoting: Anonymous Coward 76023515


Obviously we can't compete without a crutch, so its no use taxing ourselves into higher prices.

Just accept that you get cheap labor overseas and stop trying to fix what is not broken. They work for less than we are willing to, so they win the market. Pure capitalism. But, manufacturing is a small portion of pricing of goods, so realize that value added re-sellers (VAR) import companies in the US pay taxes and employ workers too.

If an importer sources a product in China for $15, and pays $5 on average to get it here, the cost is $20. The importer puts his brand on the product and writes the instructions in English, hires an office staff in the US, warehouse personnel to fulfill orders, and is definitely contributing to the US economy with jobs and taxes on profits.

The importer wholesales the widget for $45, pays his employees and overhead costs and nets $12 profit on a $15 Chinese made good. The manufacturer only profited $3 on that item. The US importer made 4x the profit and is still competitive when the consumer buys this hard to find item at $89 retail. The store hires cashiers and personel and pays taxes on its profit.

What difference does it make if we made the widget in the USA for $25, or bought it from a country with cheap labor at $15? The profit margin on the US side is higher, and the price at retail is lower than if it was made in the USA.

Let China make $3, and the importer make $12, and the retailer get $44 in pure margin markup. Seems like a great return on investment. Where can we find a country with workers willing to produce goods for less? Oh, right we already have that, its China and we should feel lucky to have them willing to work for next to nothing.

Fat, lazy, overpaid US workers will make more by just marketing the gizmo and selling it. It still produces US wealth.

Now the US Government is taxing the consumer, NOT China, and prices will go up for the tariff tards to enjoy if they buy anything at all besides internet bandwidth.
regenerated

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10/07/2019 08:30 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Uh huh sure they are, everything at the dollar store is still a dollar
 Quoting: Jake


This is a perfect response. Kudos.
Anonymous Coward
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10/07/2019 08:34 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
...


July Jobs Report had had 1 million more Jobs Listings

Than Employees to fill them, google it.
 Quoting: Jake



OK, I googled it:


Bureau of Labor Statistics September report:

The unemployment rate declined to 3.5 percent in September, and total nonfarm payroll employment rose by 136,000, the U.S. Bureau of Labor Statistics reported
today.

[link to www.bls.gov (secure)]

Just cut your bullshit here and go play in your own thread.
 Quoting: Anonymous Coward 77569728


Dip shit
[link to www.cbsnews.com (secure)]

Total of 7.9 million job openings right now.
 Quoting: Jake


But that doesn't back up your statement that there were one million new jobs in July.

Because there we not one million new jobs in July.
 Quoting: Anonymous Coward 76103257


Yes it does.

There are 1 million more jobs.
Anonymous Coward
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10/07/2019 08:34 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Goldman Sachs said the cost of tariffs imposed by President Donald Trump last year against Chinese goods has fallen “entirely” on American businesses and households, with a greater impact on consumer prices than previously expected.

The bank said in a note that consumer prices are higher partly because Chinese exporters have not lowered their prices to better compete in the US market.

Trump has repeatedly — and inaccurately — claimed that China will pay for tariffs imposed by the U.S.

“One might have expected that Chinese exporters of tariff-affected goods would have to lower their prices somewhat to compete in the US market, sharing in the cost of the tariffs,” Goldman said.

“However, analysis at the extremely detailed item level in the two new studies shows no decline in the prices (exclusive of tariffs) of imported goods from China that faced tariffs.”

Goldman also said the risk of a final round of tariffs on the roughly $300 billion of remaining imports from China has now risen to 30%.

Further escalation of the trade war could also result in a 0.4% hit to GDP, and if trade tensions instigated a sell-off in the equity market, the growth impact could worsen, Goldman said.

[link to cnb.cx (secure)]
 Quoting: Anonymous Coward 77977379



You didn't give a shit about our burdens during the bailouts of 08......haha why you care now?
Anonymous Coward
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10/07/2019 08:37 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
...


Keep on making an ass of yourself with those Jake News stats!

“ The unemployment rate declined to 3.5 percent in September, and total nonfarm payroll employment rose by 136,000”

That’s a few jobs short of million, dontcha think?

epiclol
 Quoting: Anonymous Coward 77771414


July Jobs Report had had 1 million more Jobs Listings

Than Employees to fill them, google it.
 Quoting: Jake



OK, I googled it:


Bureau of Labor Statistics September report:

The unemployment rate declined to 3.5 percent in September, and total nonfarm payroll employment rose by 136,000, the U.S. Bureau of Labor Statistics reported
today.

[link to www.bls.gov (secure)]

Just cut your bullshit here and go play in your own thread.
 Quoting: Anonymous Coward 77569728


Lol @ the fake unemployment rate, how can anyone believe it's only 3.5% is beyond me

Non farm payrolls have been manipulated since 2000, the figure means nothing

No surprise that the narrative is focusing on that and ignoring the indicators with merit which show the economy is shrinking
 Quoting: xenophon


No surprise you ignore how much the American economy would have shrunk with wide open borders, 10 million jihadist imported in for a civil war, 95% tax rate, no cars, no hamburgers and all the rest of the alternatives you miss.

Go fuck yourself. You got a third rate college education and most likely cheated to get your degree.

Ass wipe.
Anonymous Coward
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10/07/2019 08:37 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
1 million jobs in July and not enough people to fill them


This means wages are going up and they are
 Quoting: Jake


Do you really need to make a fool of yourself in every thread by posting fake bullshit?


Average hourly earnings grew by 2.9% from the year-ago period, the metric's slowest pace of growth since July 2018 - and just 1.2 percentage points higher than the last recorded US inflation rate.

And though the unemployment rate may be at a five-decade low, slowing wage growth is a dire threat to the nation's economy. Lower income generally begets decreased spending, kicking off a cycle that could threaten employment, investment, and economic growth.


[link to markets.businessinsider.com (secure)]
 Quoting: Anonymous Coward 58259464


It's still outpacing inflation, which is more than you can say for Resident Zero.
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10/07/2019 08:40 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
...


China has exhibited bad behavior for decades. Blatant theft of American IP and currency manipulation. Both of these cost American jobs. If companies manufacturing their crap in China feel enough pain, they will move. The might not move back to the US, but rather to a country that doesn't screw us over (IP & manipulation). We cannot continue to reward bad behavior and look the other way. China needs to be dialed in and spanked, and the tariffs are hurting them despite what they claim publicly.
 Quoting: Anonymous Coward 74775434


If trump was serious he would've delisted Chinese stocks, turned out to be another empty threat. He's a master of good cop bad cop muppet theatre. He would rather sacrifice his own than attack the enemy in real time
 Quoting: xenophon


Trump has 100,000,000 patriots behind him. You stupid globalist motherfucker. Die of cancer. Maybe you can bleed out your ass, like you bleed out your fucking mouth.

Bitch.
 Quoting: Anonymous Coward 78061438


So the Don is getting the fed to devalue USD for 100,000,000 patriots so they have to pay more for goods while multi national companies can make more profit?
 Quoting: xenophon


The Don is keeping the country from going far left globalist, you stupid motherfucker.

You Aussies still sucking more dick per capita than San Fransisco? I'd love China to nuke your ass. I'd throw a party that you motherfuckers are burnt alive. You globalist prison planet motherfucker.
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10/07/2019 08:41 PM
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Re: The cost of Trump’s tariffs has fallen ‘entirely’ on US businesses and households: Goldman
Bullshit. I have noticed zero inflation on made-in-China goods. China is absorbing the cost of the tariffs, desperately hoping to stop the hemorrhaging of factories relocating to other turd-world countries.





GLP