Tariffs Catch-All

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I presume some of the illegal tariff funds will be given to farmers as in 2018/
Trump has gotten US in a vulnerable position when he got into a full trade war with China without being ready for it on rarea earth metals. China played that card completely for the first time and US really has no back-up plam on several rare eartjs critical for US auto. semi and defense indistries.

Had a Dem Prez done anything this strategically stupid and dangrous to US nat; security, Rs would already have drawn up Articles of Impeachment.
 
nycfan said:
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🎁 —> https://www.wsj.com/us-news/u-s-arr...b?st=SBXUz9&reflink=desktopwebshare_permalink

A curious case of ICE policy and trade policy not syncing up at all.
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“Hundreds of people including South Korean workers were arrested in an immigration raid at a Hyundai Motorbattery plant under construction in Georgia, weeks after the carmaker pledged $26 billion in U.S. investments.

Around 450 people were arrested, said the Atlanta office of the Bureau of Alcohol, Tobacco, Firearms and Explosives in a social-media post. The post described the people as “unlawful aliens.”

The raid and arrests come after months of tense negotiations between the U.S. and South Korea over tariffs and investment. In late July, the two countries agreed that a 15% tariff rate would be imposed on South Korean imports in exchange for South Korea investing $350 billion in the U.S.

The factory is being built by a joint venture between South Korea-based Hyundai Motor and a South Korean battery manufacturer, LG Energy Solution. It is located in the town of Ellabell, near Savannah, Ga., and is part of a $7.6 billion Hyundai complex that the state has describedas the largest manufacturing project in Georgia’s history.

The plant, once completed, is set to supply batteries to Hyundai Motor’s nearby electric-vehicle manufacturing plant, which opened last year. Hyundai has pledged to employ 8,500 people there by 2031 as part of a $2 billion incentive package it received from Georgia.…”

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heelslegup said:
I presume some of the illegal tariff funds will be given to farmers as in 2018/
Trump has gotten US in a vulnerable position when he got into a full trade war with China without being ready for it on rarea earth metals. China played that card completely for the first time and US really has no back-up plam on several rare eartjs critical for US auto. semi and defense indistries.

Had a Dem Prez done anything this strategically stupid and dangrous to US nat; security, Rs would already have drawn up Articles of Impeachment.
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Unless the tariffs are refunded. In which case he'll just divert FEMA funds, which IIRC is what he did in '18. But that assumes he still gives a fuck about farmers.
 
If I were Hyundai and LG I'd pull up stakes while yelling get fucked, sabe a few Billion dollars and tell the 85,00 would be workers in wherever the hell Ellabell is that Trump can find them jobs at the dollar store for minimum wage.

For fuck's sake someone needs to remove Wormtongue Miller from Trump's miracle repaired ear
 


Tv Shows Actors GIF by PBS SoCal

And DOJ originally argued in court that was totally fine, no need to halt tariffs b/c we could refund them no problemo if it came to that.

[Anyone ask if the importers would refund their customers if that happens? Otherwise, potential WINDFALL!!]
 
altmin said:
This will basically kill Tesla in Canada. Probably not good news for Detroit either.

www.ctvnews.ca

Ottawa considering scrapping tariffs on Chinese electric vehicles

If Canadians were in the driver’s seat, tariffs imposed by Ottawa on Chinese electric vehicles (EV) would have an easier road to the Canadian market.
www.ctvnews.ca www.ctvnews.ca
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This is what the American people voted for. Go it alone, Detroit. The rest of the world is highly overrated. Plus, they've treated us sooooo badly with buying our stuff and whatnot.
 
Next bunch of farmers looking for a bailout: sorghum

www.reuters.com

China clears imports of Brazil sorghum, official says, in blow to US

China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many.
www.reuters.com www.reuters.com

China has approved imports of Brazilian sorghum, an official at Brazil's Agriculture Ministry told Reuters, adding the first cargos could be shipped this year, providing an alternative to plunging U.S. exports sooner than expected by many.
The agreement comes as relations between China and the United States, traditionally a major exporter of sorghum to the Asian country, have sharply deteriorated amid trade tariffs instigated by U.S. President Donald Trump.
 
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