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Trump - Trade Wars/Crash

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Comments

  • iglad
    iglad Posts: 222 Forumite
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    Brian65 wrote: »
    Depends what you call trade war.
    Trump will still be a 'Tariffs Man' for political reasons - because its a stealth tax.
    Even more stealthy than VAT because it doesn't show separately on the price of goods. He can claim China is paying it.

    The American consumer will find out who's paying it when they are buying electronics !!! Christmas time.
  • iglad
    iglad Posts: 222 Forumite
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    ffacoffipawb wrote: »
    How many trillions devastation has that moron's latest tweet caused ?

    Needs to be dealt with.
    he's cost me quite a few quid in profit as well. I think he's trying too bankrupt the USA just like he the companies he used to own.
  • iglad
    iglad Posts: 222 Forumite
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    Thrugelmir wrote: »
    Drip, drip, drip......

    Apple
    General Motors
    Boeing
    Ford
    Intel
    Dow Chemical
    General Electric
    Whirlpool
    Caterpillar
    Polaris Industries
    SolarCity
    Merck & Co
    Amgen
    Gentex
    Element Electronics
    Insulet Corp

    How many jobs is that in total?
  • iglad
    iglad Posts: 222 Forumite
    Part of the Furniture 100 Posts Photogenic
    Alz1986 wrote: »
    Most economists/ analysts would agree the president's "trade war" is disproportionate. Most would not admit out loud that it is more about slowing down/preventing China's growth. No doubt the president himself has profited from his own comments over the past 2 years of volatility, ensuring buy/sell orders are timed appropriately.

    I reckon he's got people in the background working for him buying and selling as he knows a tweet can move a market.
  • Prism
    Prism Posts: 3,861 Forumite
    Eighth Anniversary 1,000 Posts Name Dropper
    iglad wrote: »
    he's cost me quite a few quid in profit as well. I think he's trying too bankrupt the USA just like he the companies he used to own.
    So why sell today then? I thought you only bought in a few months ago?
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
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    iglad wrote: »
    How many jobs is that in total?

    To someone without one, a job is a job. Goes without saying that manufacturing is increasingly automated. Robotics is levelling the playing field.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    iglad wrote: »
    The American consumer will find out who's paying it when they are buying electronics !!! Christmas time.

    Apple could simply cut their bloated gross profit margin.
  • Alistair31
    Alistair31 Posts: 985 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    Thrugelmir wrote: »
    Apple could simply cut their bloated gross profit margin.

    Not bad if you’re after a new iGadget. Not great for investors though.

    In any case, it’s quite unlikely.

    Would be great to see Apple move more production to the U.S.
  • Thrugelmir
    Thrugelmir Posts: 89,546 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 5 August 2019 at 8:50PM
    Alistair31 wrote: »
    Not bad if you’re after a new iGadget. Not great for investors though.

    In any case, it’s quite unlikely.

    Would be great to see Apple move more production to the U.S.

    For the past decade buying the supply chain appears to be the way of protecting margins.

    IBM once ruled the world. Remember the IBM displaywriter? Now found only in museums.

    Dynasties never last forever.

    Apple themselves reckon to support some 2 million jobs in the USA, Across some 9,000 companies.
  • dividendhero
    dividendhero Posts: 2,417 Forumite
    Thrugelmir wrote: »

    IBM once ruled the world. Remember the IBM displaywriter? Now found only in museums.

    Dynasties never last forever.

    .

    IBM is still a Dow Jones listed company with over 300,000 staff and has over a century of history behind it ;)
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