Damn all these custom made cowboy boots and American made shoes.... Why don't you buy more Chinese bullshit like the rest of us???? ;;;((((
The Trump tariffs
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Amazing how China has such high tariffs against other nations and their economy is doing ok
USA can survive without China, China will be very very hurt without the USA their biggest customer
Amazing how China has such high tariffs against other nations and their economy is doing ok
Why do you say that? China has diversified away from exporting to the US expecting tariffs. It's not the 90s anymore and the BRI has matured.
Also, the Tiktok ban got pushed back again (I've lost count) and its quite obvious that the US wants to purchase it more than the Chinese are willing to sell the algo to the Americans.
The real battle is economic influence around China's neighbors and setting up manufacturing back in the US.
China has way more tariffs than USA, they want to isolate themselves thats the point, they dont even use USA social media, if you look at Temo and Shein USA and Europe account for more than half of ALL their sales, the rest of the world has high tariffs too and they poor no disposal income like US
Good. China is a sh*thole, f*ck China. Now sure, China is also a contradiction as it is a beautiful country with rich history and a booming manufacturing base and economy (thanks to the ingenuity of white America whom they have mercilessly ripped off) but the USA is and always has been the place to be. The world wants to move to the USA not to China. We win, and we will always win because we are a nation built on Christianity, not commie atheism. True, the USA too is currently suffering right now under the influence of JQ globohomo atheism, but if one had to choose between living in commie China or the USA, 8 out of 10 people around the world would choose the USA? Why? Because, for as flawed as we are, we still have the best, most fair and just economic and legal systems. In addition, we are the historical center if world creativity. From every great film ever made (Casablanca, Citizen Kane, The God Father, Star Wars, etc.) to all the greatest music in the world (Jimi Hendrix, Stevie Ray Vaughn, Nirvana, REM, Metalica, etc.) to Apple, Levis, Ford, Boeing, Microsoft, Disney, Nike, et. al, nobody ever has or ever will catch us in the field of creativity. Read em' and weep all you commie lovin' bast*rds out there. History don't lie. Never bet against America.
That chart doesn't tell the whole picture plus it already shows things are bleak for China. Something like 20% of their trade goes directly to USA, which is already bad enough since losing 20% of one's business will hurt big time. But, the big picture here is that the "other trade" goes to countries who end up selling to the USA anyways, now those countries won't be able to sell either, which means China won't be able to sell to those "other countries."
The total knockback effect will be something like 40-60% of Chinese production will go unsold, piling up in Chinese warehouses. They haven't felt this much pain since the Great Leap Forward.
I don't know why people are upvoting this? Only about 2-5 percent of shoes bought in the US are produced here. That's easy to prove, plenty of sources.
Almost all shoes sold in the U.S. are imported - Now the industry is terrified of tariffs
Ninety-eight percent of shoes are manufactured abroad, with nearly three-quarters of those imports coming from China, according to the American Apparel & Footwear Association.
psabdp.com
I haven't been wrong about anything. From Ukraine to Trump pushing for lower interest. It's not even a prediction, just an observation.
That's a flat out lie!
Almost all shoes sold in the U.S. are imported - Now the industry is terrified of tariffs
Ninety-eight percent of shoes are manufactured abroad, with nearly three-quarters of those imports coming from China, according to the American Apparel & Footwear Association.
psabdp.com
There will be no more, just more expensive shoes. (unless they backtrack) The cost of labour difference to too great! And who's gonna take the chance of building a factory when the tariffs could be repealed at any time, or at least by the time the Dems get power back. It takes time to invest and build.
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I'm not missing the point at all. The US will subsidize also. There's no trade advantage in VAT, since it applies to domestic. I'm not a high tax advocate, but at least VAT is a reasonable way to tax, since you tax consumption and not income and investments.
PS: Will leave the forum again for a while, since I'm disgusted by the dishonesty I see here at the moment. I don't mind debates or criticism at all, but not when people are plain lying, or just resorting to personal attacks.
That is because you don't get it. It is a small company unlike Nike, adidas, etc. I own two pairs of New Balance sneakers.
Article is from 2018. Why did you post a 7 year old article?Almost all shoes sold in the U.S. are imported - Now the industry is terrified of tariffs
Ninety-eight percent of shoes are manufactured abroad, with nearly three-quarters of those imports coming from China, according to the American Apparel & Footwear Association.
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So another data point to consider is that China is not an export dominate country anymore. From 35% at peak to 19% now. How much of that 19% is USA + goods transferred to another country to end up in the US? I'm seeing US covers 3-5% of China's GDP from various sources. It's really not significant enough to shake up Beijing into a deal and that Friday retaliation was a planned reaction given they have access to Southeast Asia + Africa + Very low cost standard of living that their population is experiencing.
I think if Trump's goal is to get a deal with China, he should be going for another approach but I do agree tariffs are a great weapon against many other nations to rebalance.
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Don´t try to reasonate. There´s a Trump fanatic syndrome. They enjoyed corona inflation. And now we are back on the crazy orange train ride again. Trump reality show.
VAT is actually the fairest tax (even though taxation is theft). Because everybody pays the same. Buy the more expensive the item. The higher tax you pay. So this means rich people pay the most. If I buy a bottle of champagne of 1000euros. The vat is 30%. You pay 300euros. If I buy a bottle of 100euros. I pay 30 euros.
Americans also have sales tax.
Trump is bullshitting. Trump uses jewish deception. The goal is to reach deals. Of course he has no finesse to use diplomacy and high level negotiation tactics. So he acts like a street thug. If he doesn´t reach deals by monday. 30´s black friday depression will seem like a walk in the park. The american consumer will not stand by this madness. It´s easy to stay strong or whatever the orange tard is saying when youre a billionaire. Not when youre living paycheck (Trump is not actually a billionaire. Maybe he is now after presidency and all he received under the table. But before he went into white house I´m sure his debts exceeded his assets). Dude went golfing. AHAHAHAHAHAH. He will reach deals. If he doesn´t prepare some serious tax money to bail out companies.
I already said this before. When Trump won in his first term. The non official Trump people went around the world saying they were the ones receiving the bribes from that moment on.
Reality will set in really fast. And we are talking about US tariffs. Other countries didn´t start to retaliate. Except for China. America is the 2nd biggest exporter in the world. What do you think will happen.
Canada ($269B), Mexico ($243B), China ($154B), Germany ($94.8B), and Japan ($80.2B).
China is the 3rd american biggest export market. You need to decouple from China. But like landing a plane. Not doing loops in the air with a Airbus A380.
Trump is a liar. Because he is an attention whore. He wants all the attention to himself. It´s not about tariffs. He wants more. To lower tariffs he doesn´t want just countries to lower his bullshit"tariffs". Trump tariffs are the equivalent of calling corona shots vaccines. It´s a Trump lie. He wants something else.
One thing he wants is people to buy american defence goods. All this talk of america leaving NATO is just because he wants Europe to buy american military shit. Nobody is invading Europe. He works like a mafia thug. What he forgets US might be the most powerful family. But if he starts to push things to hard other families will take him out. And by taking him out. I mean taking america out. America foreign policy looks like a drunk elephant.
Every time you abuse something. It´s taken away from you.
He is sending a lot of countries to China influence. You americans with your dumb deep state policy managed to send Russia. And now are completing the job sending the remaining world into China arms.
Tariffs needed to implement. But not like this. Treating allies like enemies. And first you needed to establish strong industries. Prepare for it. Lower tax. Regulation. Close borders. He is forcing people to adapt. Like if the population was cattle. And he does his social engineering. You like being treated like cattle?
BTW Musk already spoke about tariffs.
The only brain in Trump administration. That´s why they are ousting him (even though Musk is like Openheimer he might end up creating something which ends humanity). And Vance is mostly likely sabotaging Musk. It´s my gut feeling. But I could be wrong.
I can imagine Musk friends calling him. "Dude you told us to support that orange retard. Now my company is worth less one trillion. I have debt to service"
Btw wall street is main street. You think the companies quoted on stock markets are what? Cartoons? Ohh stocks are just owned by 8%. Let them fall. Says the stupid. Retard. People work for the companies who are publicly traded in the stock market. And these companies are in debt. What think will happen if they can´t sell and service the debt?????
I don´t have stocks or debt. Didn´t take advantage of corona for moral reasons. But this one. I´m in. Hell I might even invest in US. During corona property prices in NY were down 70-80%. It only lasted a few months. But there were crazy opportunities there.
Google force majeure and law offices. Golden circle law firms writing newsletters about tariffs and force majeur.
This chaotic management of economy so that enemies don´t know what you will pull next. Is the stupidest thing I´ve heard for a while. Companies make 5-10 year plan for investments. Sometimes longer. Because fundamental investments take a lot of capital and time to recoup. If the dumb orange blonde is changing the expectations every 6 months. Companies cannot make long term investments.
Trump probably doesn´t care. A loser that bankrupted his companies several times. Hey maybe that´s the next nobel orange idea. Bankrupt US. Cause bankrupcies are good. Don´t you know? Every company goal is to reach a point when they file for bankrupcy. Bankrupt just US please.
Construction people are exactly like this. They live in their crazy criminal mindset. But when they enter real world all their crazy ideas collapse.
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I have a pair of US-made New Balance gym shoes. They weren't ridiculously expensive, something like $120 about ten years ago. I've had them that long and they're still in like new condition. Granted, I don't use them outdoors and only wear them when I lift weights, but the quality is excellent, much better than any shoes I've had that were made in SE Asia.
My hiking shoes and hiking boots were made in Italy. The shoes are made of microfiber and I bout them about a year ago. The boots are leather and I've had them around 12 years. They cost something like $350. Both are amazing quality, seems like they'll last for decades. If they can make footwear like that in Italy for a reasonable price, seems like we should be able to make something similar for a similar price in the US.
Granted, the boots I bought over a decade ago, so they were kind of expensive, but not really for leather boots made in Italy that are likely to last my whole life, if you think about it. I get that a 10% or 20% price increase in the cheaper, lower quality SE Asian shoes most people wear will hurt lower income people to some extent, but making shoes in the US doesn't seem like a totally crazy idea to me. In the end, maybe Americans buy shoes less often, pay more, and get better shoes that last longer.
That's a flat out lie!
Almost all shoes sold in the U.S. are imported - Now the industry is terrified of tariffs
Ninety-eight percent of shoes are manufactured abroad, with nearly three-quarters of those imports coming from China, according to the American Apparel & Footwear Association.
Did You even bother to read my post before throwing a tantrum ?
I said:
Read the bold part again, and then apologize for calling me a liar.
And do Your homework:
91+ Shoe Brands Made in the USA
We did the research to find all the shoes made in the USA and which shoe brands aren't made here too. Here are our findings.
allamerican.org
I mostly agree with your post PurpleUrkel, but I will say this: touting Hollywood, Rock'n'Roll, cartoons and Silicon valey gadgets as cultural achievements that others are envious of is counter to your argument. Until very recently, Europe was laughing at the American fast food pop culture, until herself fell victim to the same disease. You yourself have correctly called these things satanic elsewhere in the forum.
Me on my way to wallymart to buy Cambodian made flip-flops before they're 50 cents more expensive:
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This is an overview of the top 12 countries the US has trade deficits with.
China - $295b (retaliated)
Mexico - $172b (somewhat exempt, want to negotiate)
Vietnam - $123b (caved)
EU - $250b+ (want to negotiate, minor retaliation)
Japan - $71b (want to negotiate)
Canada - $64b (somewhat exempt, want to negotiate)
Taiwan - $62b (caved)
South Korea - $56b (want to negotiate)
India - $46b (caved)
Malaysia - $30b (want to negotiate)
Switzerland - $27b (caved)
Thailand - $25b (want to negotiate)
Not much matters below this.
Lutnick has just been on TV in which he said that "these tariffs will be in place for days and weeks".
My take was this is the most overblown sell off ever. Looks like that's right at current. The only other entity that's really shown any signs of retaliating is the EU, but they have no rope from their awful policies.
Chief econ advisor Hassett says 50 countries already at the negotiating table. On 10 Mar he said expect trade uncertainty to be resolved in early April.
Biggest global sell-off since COVID, and never seen before.
China - $295b (retaliated)
Mexico - $172b (somewhat exempt, want to negotiate)
Vietnam - $123b (caved)
EU - $250b+ (want to negotiate, minor retaliation)
Japan - $71b (want to negotiate)
Canada - $64b (somewhat exempt, want to negotiate)
Taiwan - $62b (caved)
South Korea - $56b (want to negotiate)
India - $46b (caved)
Malaysia - $30b (want to negotiate)
Switzerland - $27b (caved)
Thailand - $25b (want to negotiate)
Not much matters below this.
Lutnick has just been on TV in which he said that "these tariffs will be in place for days and weeks".My take was this is the most overblown sell off ever. Looks like that's right at current. The only other entity that's really shown any signs of retaliating is the EU, but they have no rope from their awful policies.
Chief econ advisor Hassett says 50 countries already at the negotiating table. On 10 Mar he said expect trade uncertainty to be resolved in early April.
Biggest global sell-off since COVID, and never seen before.