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Old 07-03-2018, 12:24 AM  
eDave eDave is offline
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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, 06:01 PM   #31
Chiefshrink Chiefshrink is offline
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Originally Posted by mlyonsd View Post
If Obama had confronted the world to protect US interests
No way that would have ever happened because that would have gone against the Communist Manifesto/Marx Economics.

Harry Truman Dems have been long gone for some time.
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Old 07-03-2018, 06:47 PM   #32
GloryDayz GloryDayz is offline
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Originally Posted by eDave View Post
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
I'm fine with that. I'll allow it. If it happens.
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Old 07-03-2018, 07:20 PM   #33
Marcellus Marcellus is offline
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Originally Posted by Chief Pagan View Post
Trumps support among his base goes up. What other math is there?
You could try to show the math that indicates net jobs and earning have dropped under Trump but well, that math doesn't exist.
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Old 07-03-2018, 07:27 PM   #34
GloryDayz GloryDayz is offline
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