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Old 07-03-2018, 12:24 AM   Topic Starter
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Trump's tariffs will lead to job losses, warns General Motors CEO

GM Chairman and CEO Mary Barra, who briefly served on President Donald Trump’s economic advisory council before it was disbanded last year, is the latest to come out against tariffs that could run as high as 25 percent. Harley-Davidson has already announced plans to move some production abroad, while BMW has said it would likely cut back operations at its Spartanburg, South Carolina plant that is currently the largest exporter of American-made automobiles.

“Increased import tariffs could lead to a smaller GM, a reduced presence at home and abroad for this iconic American company, and risk less — not more — U.S. jobs,” GM said in a statement submitted to the Commerce Department which has been ordered to consider whether auto imports are a threat to national security and, if so, whether tariffs need to be implemented.

https://www.nbcnews.com/business/aut...motors-n888361
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Old 07-03-2018, 12:52 AM   #2
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Trump's in a better position to make the call on this. I question it. But I want to see how it plays out. If it has a negative effect I hope that it's quickly resolved. I'd like to see more tariffs across the board at a very small amount. But I'm also not an economist
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Old 07-03-2018, 09:23 AM   #3
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Originally Posted by banecat View Post
Trump's in a better position to make the call on this. I question it. But I want to see how it plays out. If it has a negative effect I hope that it's quickly resolved. I'd like to see more tariffs across the board at a very small amount. But I'm also not an economist
Don't worry. A lot of others that arent economists either will tell you how this all works.
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Old 07-03-2018, 12:53 AM   #4
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Trump's not really in the position to make a call on anything.
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Old 07-03-2018, 01:20 AM   #5
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Originally Posted by RodeoPants2 View Post
Trump's not really in the position to make a call on anything.
Nice theatrics
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Old 07-03-2018, 06:42 AM   #6
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Trump's not really in the position to make a call on anything.
I think he's the President or something.
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Old 07-03-2018, 06:46 AM   #7
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Originally Posted by RodeoPants2 View Post
Trump's not really in the position to make a call on anything.
He's in way more of a position than Hillary...
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Old 07-03-2018, 12:53 AM   #8
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Old 07-03-2018, 01:36 AM   #9
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Yeah that was pretty lazy posting on my part.
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Old 07-03-2018, 07:26 AM   #10
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Originally Posted by RodeoPants2 View Post
Yeah that was pretty lazy posting on my part.
Except the direction of the Supreme Court for the next 40 years.
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Old 07-03-2018, 02:41 AM   #11
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When is Government Motors not losing jobs?

Time to try something different.
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Old 07-03-2018, 05:11 AM   #12
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Old 07-03-2018, 07:14 AM   #13
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Old 07-03-2018, 09:38 AM   #14
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"I'm tired of corporate fat cats dictating our economic thinking

OH HAI LOOK HERES A CEO SPEAKING LETS LISTEN CLOSELY!"
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Old 07-03-2018, 10:29 AM   #15
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"I'm tired of corporate fat cats dictating our economic thinking

OH HAI LOOK HERES A CEO SPEAKING LETS LISTEN CLOSELY!"
Shazaam.
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