Trump trade war has failed to boost U.S. manufacturing...

ZBZB said:
google it, it actually comes in the auto suggestion.
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I did google it and found not a single source, reputable or not, for that piece of what appears to be completely fabricated information. ZH may well have "reported" it, but if you stop for even a second to think about it, it's clearly absurd and would need a hell of alot of support to be taken seriously. And it's not like it would be hard to find the data, we have all kinds of manufacturing reports that come out monthly, quarterly, and annually. But so far coming up crickets on any actual data to support this, without which it can pretty clearly be dismissed as false.

So please, if you can't find any support for it beyond the fact that ZH (which pulls this kind of shit all the time) said so, then do everyone including yourself a favor and stop repeating something that is clearly false and doesn't do your reputation for intellectual honesty any favors. Thanks.
 
FortuneTeller said:
Due to Trump Derangement Syndrome, Janis Joplin could win the election against Trump! :p
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Urban Legend...no such thing.

I'm sure he's a nice guy if you meet him in person...so nice you'll leave him alone with your wife or daughter. :D

Joking aside...who's the new hot babe pretending to be Melanie Trump ???

Does Trump get to sleep with her too ??? :rolleyes:

wrbtrader
 
wrbtrader said:
Unfortunately, I think the Chinese will continue to outsmart North America even after a new administration takes office. :(

wrbtrader
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China will soon be the most powerful nation in the world. The US is already for some time in a decline.
 
lindq said:
President Donald Trump's trade war with China did not achieve the objective of boosting manufacturing in the U.S., the Wall Street Jornal reports.

What Happened: Manufacturing activity in the U.S. has not reversed despite billions of dollars in tariffs to discourage importing Chinese manufactured goods.

The trade deficit with China reduced in 2019. Still, the overall trade balance has soared to a record $84 billion in August as U.S. importers shifted to imports from Vietnam, Mexico, and other countries. Since the pandemic, China's trade deficit is back to where it was at the start of the Trump administration.

The goal of reshoring factory production to the U.S. is unfulfilled as job growth in manufacturing slowed since July 2018, while the manufacturing activity peaked in December 2018.

Why It Matters: Trump's trade advisers say that the tariffs of $370 billion on Chinese goods have succeeded in forcing China to agree to phase one trade deal in January and will end China's unfair practices over time.

Industry analysis by the Federal Reserve shows that tariffs helped boost employment by 0.3% by protecting domestic industries exposed to cheaper Chinese imports.

Those gains were more than offset by higher costs of Chinese imports due to tariffs, cutting manufacturing employment by 1.1% in the U.S. The retaliatory tariffs by China on the U.S. exports reduced domestic factory jobs by 0.7%.

According to Peterson Institute for International Economics trade expert Chad Bown, President Trump is not the first to use tariffs to protect industries, but this is the biggest use of tariffs since the Great Depression.
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Yeah because it just replaced China being the cheap supplier with other countries who can provide cheaper labour than China but the goal is to bring the manufacturing jobs home to America to use America's labour not other non-China countries. Of course it didn't boost US manufacturing. But it's not Trump's fault. It's those multinational corporations' fault. Corporations like Harley-Davidson??!! who deliberately even went to China to open up shops there despite Trump's offering of tax breaks. Harley Davidson, a corporation whose products actually cater to the population from the manufacturing sector would choose not to bring jobs to the American manufacturing industry. Ironic isn't it??

Trump can only do so much. It needs co-operation from everybody to work with him for his policies and incentives to work unless you want him to become a dictator like some countries' leaders that point a gun to your head to make you to do what he says or else.
 
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