Trump wants to increase tariffs On china again .

Sorry if posted It would help to improve the search .

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Darn near 30 years agaio I was saying The only way to bring Industry back to the US is to impose massive tariffs .
We all know it is impossible for the US to compeat with 10 cent a hour wages .
----- Trump is doing just that . ---Now for the other half .
First expect prices on things not food to incress . Expect it to become harder to find the items you want as shelves empty and it is no long cost effective to carry the item .

But it will not be as bad as I expected . For the next few years things will be slightly harder to get .
factory's are reopening as we speak and the transition back to Making our own stuff will be much smother and faster then I believed possible .

BUT we need TRUMP TO STAY IN OFFICE for a second term . >>>>>> O who says i like the guy ??? he is a womeniser and ego manic .
He is rude and demeaning a all around Jerk .

BUT wall no wall - taxes no taxes- spending no spending THIS is what will make the bank .
Factory's mean GOOD jobs which in turn drives up the wages for services like fast food joints and walworld as it much more computation to keep employs as they KNOW they can get a better wage no experience needed .

Yes no government incress in minim wage needed that 15 a hour will become a reality quite fast .
BUT in order for all this to happen we MUST stick with the Tariffs . It will quickly come crashing down on our heads if you lower the tariffs back .
Hate him love him NO ONE but him would have the cohonies to do what he is . No Republican No democrat they are all in the same pockets .

I am 53 My father pushed buttons at Delbar ( factory made mirror parts for trucks )
A chimp could have been trained to do his job .
he made 14 a hour by the time i was 17 had health full dental full retirement teh works .
Fact at best a high school education .
This is 70 % of teh US most people will not be lawyers or doctors someone must take out teh trash and taht someone should make enough to live on it .

Loss of American manufacturing over the years has killed small town USA as well as loads of cities as well. Would love to recapture that self-reliance again. A vibrant economy has to have those well paying blue collar jobs. We will see, used to work for a dress manufacturer that employed 250 Californians for 25 years till the late '80s. The country needs that back the big and small.

We already have lots of dishes, I won't be buying any China.

Most of the stuff we buy we really do not need, we can afford it so we buy more things we should not be buying. It is way better than the green new deal at correcting the polution that is contributing to climate change. At least we won't be paying mega bucks for gas to go to the new job created because we are now competative with China.

originally posted by: midnightstar
I am 53 My father pushed buttons at Delbar ( factory made mirror parts for trucks )
A chimp could have been trained to do his job .
he made 14 a hour by the time i was 17 had health full dental full retirement teh works .
Fact at best a high school education .
This is 70 % of teh US most people will not be lawyers or doctors someone must take out teh trash and taht someone should make enough to live on it .

Perspective: there are 1.40 billion (likely more but that’s what they’re telling the world) people in the People’s Republic of China and 0.33 billion in the United States of America; it stands to reason, given the population disparity, any human labor cost argument is moot and ‘tariffs’ will always be ‘imposed’ on Chinese-made goods/services.

The Chinese are playing the long game and best of luck with a proposed short-term fix.

I hate what has happened to the building materials industry as far as quality goes watching it decline daily in a race to keep shareholders happy. Everyone who buys the crap at Home Depot knows what I'm taling about, but this is making me very nervous being in the building industry and already working with tiny margins and inflated housing prices.
The inflated prices are not on account of the builders margins. We are talking like 14% here.
My business model is a little different than your typical stick home builder, I work do steel hybrid homes and have already seen a materials increase of 20k per job.

I hope this doesn't backfire by being too much, too soon. I bet this just kills the little guys and not the massive development builders.

It will most definitely effect housing costs.

I don't know the answer here, we need mfgrs, but a smooth transition.

Good, that’s part of the reason I voted for Trump. The way I see it is the tariffs make our products more competitive in the market, which brings jobs to the US. Trump is playing the long game. The benefits won’t be seen for many years to come.

Yup bring back the jobs no one wants to do, aand watch the employer hire the minimum amount of workers to offset the costs, work them to death while figuring out how to automate their jobs.

There used to be a job called tack welder, all the person had to do was stand beside the guy who could read the blueprint and put the thing together, and then give a little zap here and there. That was an actual arm of the welding trade where people made good money. In today's world, even just straight welders are a rarity.

The economy isnt what it used to be, and it never will because of the run away consumer capitalism that built the US. Unless they adopt a different form of economics good luck.

So just to bring some perspective. Trump is running one of the largest deficits in history. FDR obama level.. stuff.

He is loosening loan regulations like its 2004.

Automation is taking these jobs and they aren't coming back.

Tariffs are taxes. So is the 1 trillion in debt per year under trump.

No wonder he is calling for lowering rates and printing money QUANTATIVE Easing.


Folks this is the same economy of print to pay free credit that got us into trouble. Now headimg towards loosening regulations back to pre housing crisis...

wwell now seeing as how it will become easier for people to get Better paying jobs loans will not be as much of a problem .
One side effect is yes Products made at home will cost more so yes the littler guys will feel that more FOR now .
Once things settle back down then prices will reflect buying power as usual .

WE NEED Industry you can NOT run a country on services !!!
Nore paper pushers . The two main things we need strong are Industry and farming . this would hold true to any country .
Industry to build the stuff you need and want and farming to feed you .
If every lawyer quite today no one would even notice Except the money pushers .

a reply to: midnightstar

We have a fairly balanced economy. Our industry is heavily automated to compete with Asian wages and to keep the CPI low for inflation.

Made in USA would be a massive inflationary experience for the us until we completely automate everything and AI gets closer to AGI.

Another housing bobble ? not in my life time still millions of houses wating on owners prices are still lower value and will take 20 years to recover fully

Yes I will say IF we develop AI and robots good enough it will change every thing .
But I can not see that happing on a large scale fro 50 to 80 years a AI by its self will change Nothing the robots would .
Sure a few thing may get automated but it will be a LONG long time till bots will be working the fields

originally posted by: midnightstar
Another housing bobble ? not in my life time still millions of houses wating on owners prices are still lower value and will take 20 years to recover fully

All it takes is lowering regulations on loans and allowing people who dont have the means to get homes beyond what they can sustain.

Trump signed the bill, which rolls back certain Dodd-Frank banking rules, on May 24. The reforms ease some of the mortgage laws from the Dodd-Frank Act of 2010, a massive financial law enacted in response to the financial crisis.

a reply to: midnightstar

Bots already work the fields. Robots are coming online everywhere. AI is the important part where the machines learn on their own. That tech is advancing far faster than people who dont follow tech realize. Robotics and AI are coming for millions of shipping and retail jobs in the next 5-15 years. Research, design, law, building, and defense are going to see massive changes in the next 25.

One AI leads to the next two. And they advance very quickly. Already robotics communicate across the internet and can find solutions to tooling problems and build a fix using CNC machines.

Debt used to be the anathema to physical conservative republicans. What happened?

You honestly think trumps trickle down and tariffs will help build the infrastructure so desperately needed?

originally posted by: olaru12
Debt used to be the anathema to physical conservative republicans. What happened?

You honestly think trumps trickle down and tariffs will help build the infrastructure so desperately needed?

Yea, you are right. We should just stick with the the way Obama was running things. it was working so much better. His numbers were so much higher then Trump's. Any idiot can see how wrong Trumps' economic policies are.

a reply to: network dude

What a deflection. For one, Obama was given a mess of an economy and has nothing to do with the current state of the US economy. This is something that has built up since the cold war ended.

Face it, capitalism in the world free market (that the US built by the way) cannot survive against, dare I say it, socialist nations. Or at least have a heavy hand dipping into socialist economics.
Workers in the US are going to want high wages, benefits, etc for jobs that migrant and illegal workers used to do, and will turn to unions.
What will you do then?

originally posted by: luthier

originally posted by: midnightstar
Another housing bobble ? not in my life time still millions of houses wating on owners prices are still lower value and will take 20 years to recover fully

All it takes is lowering regulations on loans and allowing people who dont have the means to get homes beyond what they can sustain.

Trump signed the bill, which rolls back certain Dodd-Frank banking rules, on May 24. The reforms ease some of the mortgage laws from the Dodd-Frank Act of 2010, a massive financial law enacted in response to the financial crisis.

Which in no way takes the situation back to the pre-2009 Democrat level of "Houses For Everyone"
Before you post , do research.

originally posted by: Gothmog

originally posted by: luthier

originally posted by: midnightstar
Another housing bobble ? not in my life time still millions of houses wating on owners prices are still lower value and will take 20 years to recover fully

All it takes is lowering regulations on loans and allowing people who dont have the means to get homes beyond what they can sustain.

Trump signed the bill, which rolls back certain Dodd-Frank banking rules, on May 24. The reforms ease some of the mortgage laws from the Dodd-Frank Act of 2010, a massive financial law enacted in response to the financial crisis.

Which in no way takes the situation back to the pre-2009 Democrat level of "Houses For Everyone"
Before you post , do research.

He wants more, also wants the feds to lower rates, and use quantative easing. Do some research on his print money high deficit monetary philosophy.

Speaking of 09 that around when we had annual deficits like under trump.