The trade wars, they have begun

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at46
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Re: The trade wars, they have begun

Post by at46 » Tue Jun 26, 2018 1:15 pm

frozen-north wrote:
Tue Jun 26, 2018 11:03 am
nwdiver wrote:
The apex American company Harley Davidson announced the opening of a plant in Europe to build motor bikes for the EU market, they are laying off in the US and hiring in Europe..
admin wrote:
Here is the thing. Even if trumps basic claim is true, and other countries are taking advantage of the u.s.,...
Europe is taking advantage of the US.

So. if Caterpillar were to close its Canadian plant and move it to the US, Canadians could claim that the US is taking advantage of Canada?

Caterpillar closes plant because of economics, not unions

Unions aren’t to blame for the Caterpillar plant closure—they’re collateral damage.

http://www.canadianbusiness.com/busines ... ot-unions/
It comes down to efficiencies. We all know how studious, hard-working and meticulous Chinese/Koreans are. There's a reason why BMW, Mercedes, Volvo, GM are building in China - the Chinese simply do a better job for less compared with the Albanians/Bulgarians in their European plants, plus access to a huge market.

China has reduced it's export dependency from 60% to 30% in just the last three or four years by boosting internal consumption. Now they need a big project like rebuilding North-Korea or OBOR to use up their treasuries while the FED is removing liquidity and Trump is closing the borders to not allow for that monetary overhang to re-emerge.

Looks like Japan will be everyone's patsy in this scenario, and they know it, what with Abe zipping crazily around the world trying to find solace, and even having to eat out of a shoe at an Israeli table :)

http://www.scmp.com/news/asia/diplomacy ... yed-dinner

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nwdiver
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Re: The trade wars, they have begun

Post by nwdiver » Tue Jun 26, 2018 2:19 pm

nwdiver wrote:
Tue Jun 26, 2018 3:45 am
The apex American company Harley Davidson announced the opening of a plant in Europe to build motor bikes for the EU market, they are laying off in the US and hiring in Europe........tariffs made exporting too expensive so they moved to the market, mister Trump it's called business, something you don't know much about........


OK there goes more jobs, Trump tweeted something along the lines he is going to "TAX" Harley D for doing this move.........he is going to tax a company, what tax is on the books he would use, I guess it's the "Trump in his mind tax", as he doesn't pay taxes I don't think he understands them, I also think a punitive measure like a vendetta tax would end up in the court system pretty quick........
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Re: The trade wars, they have begun

Post by admin » Tue Jun 26, 2018 3:15 pm

the topics of these two threads are starting to converge in a strange way:
viewtopic.php?f=3&t=15394&p=184537#p184537

I am loosing track of which one I am posting on.
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Re: The trade wars, they have begun

Post by HybridAmbassador » Tue Jun 26, 2018 3:48 pm

at46 wrote:
Tue Jun 26, 2018 1:15 pm
frozen-north wrote:
Tue Jun 26, 2018 11:03 am
nwdiver wrote:
The apex American company Harley Davidson announced the opening of a plant in Europe to build motor bikes for the EU market, they are laying off in the US and hiring in Europe..
admin wrote:
Here is the thing. Even if trumps basic claim is true, and other countries are taking advantage of the u.s.,...
Europe is taking advantage of the US.

So. if Caterpillar were to close its Canadian plant and move it to the US, Canadians could claim that the US is taking advantage of Canada?

Caterpillar closes plant because of economics, not unions

Unions aren’t to blame for the Caterpillar plant closure—they’re collateral damage.

http://www.canadianbusiness.com/busines ... ot-unions/
It comes down to efficiencies. We all know how studious, hard-working and meticulous Chinese/Koreans are. There's a reason why BMW, Mercedes, Volvo, GM are building in China - the Chinese simply do a better job for less compared with the Albanians/Bulgarians in their European plants, plus access to a huge market.

China has reduced it's export dependency from 60% to 30% in just the last three or four years by boosting internal consumption. Now they need a big project like rebuilding North-Korea or OBOR to use up their treasuries while the FED is removing liquidity and Trump is closing the borders to not allow for that monetary overhang to re-emerge.

Looks like Japan will be everyone's patsy in this scenario, and they know it, what with Abe zipping crazily around the world trying to find solace, and even having to eat out of a shoe at an Israeli table :)

http://www.scmp.com/news/asia/diplomacy ... yed-dinner
at46, the China lover goes again...The major Auto manufacturers are building in China ? Very simple, it-is-the Economics..
China once was the world's factory best suited country to implement your manufacturing base. Largest pool of manpower at a very cheapo pay scale. But are they attracting many fresh investors from the West now days? Nope, 51% ownership or even a 100% ownership, once you are established and poured Billions of Dollars then too late, you're at the mercy of Xi-Jingpin! You are Cagado y Muerto!
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at46
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Re: The trade wars, they have begun

Post by at46 » Tue Jun 26, 2018 8:08 pm

HybridAmbassador wrote:
Tue Jun 26, 2018 3:48 pm
at46 wrote:
Tue Jun 26, 2018 1:15 pm

It comes down to efficiencies. We all know how studious, hard-working and meticulous Chinese/Koreans are. There's a reason why BMW, Mercedes, Volvo, GM are building in China - the Chinese simply do a better job for less compared with the Albanians/Bulgarians in their European plants, plus access to a huge market.

China has reduced it's export dependency from 60% to 30% in just the last three or four years by boosting internal consumption. Now they need a big project like rebuilding North-Korea or OBOR to use up their treasuries while the FED is removing liquidity and Trump is closing the borders to not allow for that monetary overhang to re-emerge.

Looks like Japan will be everyone's patsy in this scenario, and they know it, what with Abe zipping crazily around the world trying to find solace, and even having to eat out of a shoe at an Israeli table :)

http://www.scmp.com/news/asia/diplomacy ... yed-dinner
at46, the China lover goes again...The major Auto manufacturers are building in China ? Very simple, it-is-the Economics..
China once was the world's factory best suited country to implement your manufacturing base. Largest pool of manpower at a very cheapo pay scale. But are they attracting many fresh investors from the West now days? Nope, 51% ownership or even a 100% ownership, once you are established and poured Billions of Dollars then too late, you're at the mercy of Xi-Jingpin! You are Cagado y Muerto!
Come on, Hybryd, don't be such a sourpuss. You have to give it to the Jews and their huzpa the way they redefined 'licking the boot' and 'sweetening the p ill' in one master stroke.

Abe licked and swallowed for the nation - just look at those happy mugs of Putin and Netanyahu at the Victory Day parade in Moscow a few days later and the subsequent announcement of the Russian bridge to Sakhalin with an obvious extension to Hokkaido. Everything may not yet be lost for Japan.

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Re: The trade wars, they have begun

Post by eeuunikkeiexpat » Wed Jun 27, 2018 2:12 am

Not a deep article but interesting:

Pyrrhic victories? 6 trade wars that impacted the global economy
Published time: 25 Jun, 2018 15:37
Edited time: 26 Jun, 2018 07:44

https://www.rt.com/usa/430822-trade-war ... l-economy/
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at46
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Re: The trade wars, they have begun

Post by at46 » Wed Jun 27, 2018 3:45 am

Pretty interesting read: a Chinese general's talk at top Chinese military school on the American financial empire - how it came to be and where it's going. http://www.limesonline.com/en/one-belt-one-road

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Re: The trade wars, they have begun

Post by HybridAmbassador » Wed Jun 27, 2018 3:02 pm

Harley-Davidson said Monday that new European taxes on imported motorcycles will have a "significant impact" on its business, increasing the cost of motorcycles by $2,200 on average.
Harley-Davidson also plans to shift building of EU-bound motorcycles outside of the US.
Shares of the company fell about 2% following the regulatory filing Monday morning.

European tariffs imposed as retaliation for President Donald Trump’s taxes on imported steel and aluminum will add about $2,200 on average to the cost of every Harley-Davidson motorcycle exported to the continent, the company said Monday.
"Harley-Davidson believes the tremendous cost increase, if passed onto its dealers and retail customers, would have an immediate and lasting detrimental impact to its business in the region, reducing customer access to Harley-Davidson products and negatively impacting the sustainability of its dealers’ businesses." the company said in a regulatory filing.
"Therefore, Harley-Davidson will not raise its manufacturer’s suggested retail prices or wholesale prices to its dealers to cover the costs of the retaliatory tariffs. In the near-term, the company will bear the significant impact resulting from these tariffs.

Harley-Davidson sold 39,773 motorcycles in Europe in 2017, it said in its annual report. By comparison, it sold 161,658 motorcycles in the US during the same period.
The company expects the tariffs to have an impact of approximately $30 million to $45 million in 2018, and rising to $90 to $100 million on a full-year basis going forward because of the tariffs. To help mitigate some of the costs, the company also said it "will be implementing a plan to shift production of motorcycles for EU destinations from the US to international facilities." However, that could take up to 18 months to complete.
Shares of the company fell about 2.3% in early trading Monday following the filing.
Monday's news comes roughly a year into Harley-Davidson's "The Journey" program. Launched in 2017, the 10-year strategy is designed to return Harley-Davidson to is former glory by converting more riders, launching new motorcycles, and consolidating some of its manufacturing locations.
Shares of Harley-Davidson are down more than 20% from their January highs as global fears of an all-out trade war and their resulting impact on commodity prices for raw metals weigh on the stock's price.
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Re: The trade wars, they have begun

Post by HybridAmbassador » Wed Jun 27, 2018 3:08 pm

at46 wrote:
Tue Jun 26, 2018 8:08 pm
HybridAmbassador wrote:
Tue Jun 26, 2018 3:48 pm
at46 wrote:
Tue Jun 26, 2018 1:15 pm

It comes down to efficiencies. We all know how studious, hard-working and meticulous Chinese/Koreans are. There's a reason why BMW, Mercedes, Volvo, GM are building in China - the Chinese simply do a better job for less compared with the Albanians/Bulgarians in their European plants, plus access to a huge market.

China has reduced it's export dependency from 60% to 30% in just the last three or four years by boosting internal consumption. Now they need a big project like rebuilding North-Korea or OBOR to use up their treasuries while the FED is removing liquidity and Trump is closing the borders to not allow for that monetary overhang to re-emerge.

Looks like Japan will be everyone's patsy in this scenario, and they know it, what with Abe zipping crazily around the world trying to find solace, and even having to eat out of a shoe at an Israeli table :)

http://www.scmp.com/news/asia/diplomacy ... yed-dinner
at46, the China lover goes again...The major Auto manufacturers are building in China ? Very simple, it-is-the Economics..
China once was the world's factory best suited country to implement your manufacturing base. Largest pool of manpower at a very cheapo pay scale. But are they attracting many fresh investors from the West now days? Nope, 51% ownership or even a 100% ownership, once you are established and poured Billions of Dollars then too late, you're at the mercy of Xi-Jingpin! You are Cagado y Muerto!
Come on, Hybryd, don't be such a sourpuss. You have to give it to the Jews and their huzpa the way they redefined 'licking the boot' and 'sweetening the p ill' in one master stroke.

Abe licked and swallowed for the nation - just look at those happy mugs of Putin and Netanyahu at the Victory Day parade in Moscow a few days later and the subsequent announcement of the Russian bridge to Sakhalin with an obvious extension to Hokkaido. Everything may not yet be lost for Japan.

Oye Viejo, I'm not even mentioning ABE and its clowns. I'm counter pointing your China propaganda. Yeah, they will need the rest of the world to buy everything made-in-China but you have got to be fair. 1.4 billion and more coming? Sure they will need another planet the size of earth just to satisfy their expansion at other world citizen's cost. The next financial turmoil will be originating in China and Xi Jingpin won't be able to stop that.
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at46
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Re: The trade wars, they have begun

Post by at46 » Wed Jun 27, 2018 4:14 pm

HybridAmbassador wrote:
Wed Jun 27, 2018 3:08 pm
at46 wrote:
Tue Jun 26, 2018 8:08 pm
HybridAmbassador wrote:
Tue Jun 26, 2018 3:48 pm
at46 wrote:
Tue Jun 26, 2018 1:15 pm

It comes down to efficiencies. We all know how studious, hard-working and meticulous Chinese/Koreans are. There's a reason why BMW, Mercedes, Volvo, GM are building in China - the Chinese simply do a better job for less compared with the Albanians/Bulgarians in their European plants, plus access to a huge market.

China has reduced it's export dependency from 60% to 30% in just the last three or four years by boosting internal consumption. Now they need a big project like rebuilding North-Korea or OBOR to use up their treasuries while the FED is removing liquidity and Trump is closing the borders to not allow for that monetary overhang to re-emerge.

Looks like Japan will be everyone's patsy in this scenario, and they know it, what with Abe zipping crazily around the world trying to find solace, and even having to eat out of a shoe at an Israeli table :)

http://www.scmp.com/news/asia/diplomacy ... yed-dinner
at46, the China lover goes again...The major Auto manufacturers are building in China ? Very simple, it-is-the Economics..
China once was the world's factory best suited country to implement your manufacturing base. Largest pool of manpower at a very cheapo pay scale. But are they attracting many fresh investors from the West now days? Nope, 51% ownership or even a 100% ownership, once you are established and poured Billions of Dollars then too late, you're at the mercy of Xi-Jingpin! You are Cagado y Muerto!
Come on, Hybryd, don't be such a sourpuss. You have to give it to the Jews and their huzpa the way they redefined 'licking the boot' and 'sweetening the p ill' in one master stroke.

Abe licked and swallowed for the nation - just look at those happy mugs of Putin and Netanyahu at the Victory Day parade in Moscow a few days later and the subsequent announcement of the Russian bridge to Sakhalin with an obvious extension to Hokkaido. Everything may not yet be lost for Japan.

Oye Viejo, I'm not even mentioning ABE and its clowns. I'm counter pointing your China propaganda. Yeah, they will need the rest of the world to buy everything made-in-China but you have got to be fair. 1.4 billion and more coming? Sure they will need another planet the size of earth just to satisfy their expansion at other world citizen's cost. The next financial turmoil will be originating in China and Xi Jingpin won't be able to stop that.
Cabrito Hybrid, mira, I wish I had your crystal ball of superior Japanese workmanship, but I don't. Dime, would you bet your sweet bippy on this outcome? The world needs to know :)

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Re: The trade wars, they have begun

Post by HybridAmbassador » Wed Jun 27, 2018 4:56 pm

at46 wrote:
Wed Jun 27, 2018 4:14 pm
HybridAmbassador wrote:
Wed Jun 27, 2018 3:08 pm
at46 wrote:
Tue Jun 26, 2018 8:08 pm
HybridAmbassador wrote:
Tue Jun 26, 2018 3:48 pm
at46 wrote:
Tue Jun 26, 2018 1:15 pm

It comes down to efficiencies. We all know how studious, hard-working and meticulous Chinese/Koreans are. There's a reason why BMW, Mercedes, Volvo, GM are building in China - the Chinese simply do a better job for less compared with the Albanians/Bulgarians in their European plants, plus access to a huge market.

China has reduced it's export dependency from 60% to 30% in just the last three or four years by boosting internal consumption. Now they need a big project like rebuilding North-Korea or OBOR to use up their treasuries while the FED is removing liquidity and Trump is closing the borders to not allow for that monetary overhang to re-emerge.

Looks like Japan will be everyone's patsy in this scenario, and they know it, what with Abe zipping crazily around the world trying to find solace, and even having to eat out of a shoe at an Israeli table :)

http://www.scmp.com/news/asia/diplomacy ... yed-dinner
at46, the China lover goes again...The major Auto manufacturers are building in China ? Very simple, it-is-the Economics..
China once was the world's factory best suited country to implement your manufacturing base. Largest pool of manpower at a very cheapo pay scale. But are they attracting many fresh investors from the West now days? Nope, 51% ownership or even a 100% ownership, once you are established and poured Billions of Dollars then too late, you're at the mercy of Xi-Jingpin! You are Cagado y Muerto!
Come on, Hybryd, don't be such a sourpuss. You have to give it to the Jews and their huzpa the way they redefined 'licking the boot' and 'sweetening the p ill' in one master stroke.

Abe licked and swallowed for the nation - just look at those happy mugs of Putin and Netanyahu at the Victory Day parade in Moscow a few days later and the subsequent announcement of the Russian bridge to Sakhalin with an obvious extension to Hokkaido. Everything may not yet be lost for Japan.

Oye Viejo, I'm not even mentioning ABE and its clowns. I'm counter pointing your China propaganda. Yeah, they will need the rest of the world to buy everything made-in-China but you have got to be fair. 1.4 billion and more coming? Sure they will need another planet the size of earth just to satisfy their expansion at other world citizen's cost. The next financial turmoil will be originating in China and Xi Jingpin won't be able to stop that.
Cabrito Hybrid, mira, I wish I had your crystal ball of superior Japanese workmanship, but I don't. Dime, would you bet your sweet bippy on this outcome? The world needs to know :)
Viejo, whatever the west and the US can build, we can do too. But really appreciate for commodore Perry to break open the closed country that the Shogun Tokugawa had it for hundreads of years. Just remember, no matter how many trillions of dollars japan has been poring in to re-construct Japan every time nature disaster strikes that country, plus the wasted 25 years so called, we will move on.

PRC suddenly changing its attitude now that Trump giving Xi a hard, hard time. All of a sudden, PRC wants to be very amicable with Japan...Xi' farce opera ha,ha,haa Read george Soros, he is pulling all his money out of China. All those ghost towns sky scrapers reaching to the skies all empty and decaying by the day. Oh and your prised China rail with more than US$850 billion in the red. How much more can the central socialist government can afford to subsidise all its projects.? To me it is very enigmatic capitalism, ha,ha,haa
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Re: The trade wars, they have begun

Post by HybridAmbassador » Thu Jun 28, 2018 2:42 pm

Trump's imposed China aiming trade-tariff or not, China risks a ‘Minsky Moment’
Forget the Trade War. China has even bigger problems domestically

China’s debt build-up has provoked increasing concern amongst Beijing’s policy makers. The resultant excess capacity exports deflation to the rest of the world. This creates pressures for China’s competitors which could engender a tougher response in line with that of Trump. How China deals with these constraints is the big question for their economy.

https://pro.creditwritedowns.com/2018/0 ... zUcZ_ZFx9A
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