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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, 12:52 AM   #2
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Trump's in a better position to make the call on this. I question it. But I want to see how it plays out. If it has a negative effect I hope that it's quickly resolved. I'd like to see more tariffs across the board at a very small amount. But I'm also not an economist
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Old 07-03-2018, 12:53 AM   #3
RodeoPants2 RodeoPants2 is offline
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Trump's not really in the position to make a call on anything.
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Old 07-03-2018, 12:53 AM   #4
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Old 07-03-2018, 01:20 AM   #5
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Quote:
Originally Posted by RodeoPants2 View Post
Trump's not really in the position to make a call on anything.
Nice theatrics
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Old 07-03-2018, 01:36 AM   #6
RodeoPants2 RodeoPants2 is offline
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Yeah that was pretty lazy posting on my part.
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Old 07-03-2018, 02:41 AM   #7
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When is Government Motors not losing jobs?

Time to try something different.
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Old 07-03-2018, 05:11 AM   #8
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Old 07-03-2018, 06:42 AM   #9
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Quote:
Originally Posted by RodeoPants2 View Post
Trump's not really in the position to make a call on anything.
I think he's the President or something.
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Old 07-03-2018, 06:46 AM   #10
IowaHawkeyeChief IowaHawkeyeChief is offline
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Quote:
Originally Posted by RodeoPants2 View Post
Trump's not really in the position to make a call on anything.
He's in way more of a position than Hillary...
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Old 07-03-2018, 07:14 AM   #11
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Old 07-03-2018, 07:26 AM   #12
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Quote:
Originally Posted by RodeoPants2 View Post
Yeah that was pretty lazy posting on my part.
Except the direction of the Supreme Court for the next 40 years.
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Old 07-03-2018, 07:48 AM   #13
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I have a lot of respect for Mary. She has earned her position, but the country and our manufacturing is not just GM. We need to be on a level playing field and if tariffs push businesses to move here to avoid high taxes, then so be it.
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Old 07-03-2018, 07:53 AM   #14
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If Obama had confronted the world to protect US interests the way Trump has the left would be fawning all over it calling him the next Jesus.

This should have been done like two decades ago.
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Old 07-03-2018, 08:01 AM   #15
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A lot of bluster, nothing good has happened yet. So far Trumps silly tariff play is not much...hopefully he can find a way to save face and back away from this bullshit. No one wins in a trade war.
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