President Trump rattled Wall Street when he demanded U.S. firms move production out of China. But many have already taken steps to do so, and, in earnings calls just over the past month, dozens of chief executives have signaled plans to further diversify their supply chains amid the intensifying trade war.
On Aug. 23, Trump took to Twitter, ordering American companies to “immediately start looking for an alternative to China” and urging them instead to start making their products in the U.S. In doing so, he cited the International Emergency Economic Powers Act (IEEPA) — passed in 1977 to deal with an “unusual and extraordinary threat to the national security, foreign policy, or economy of the United States.” The president’s threat unsettled investors, sending stocks to session lows on a day when the Dow Jones Industrial Average shed more than 600 points.
Read more ....
WNU Editor: What is happening in Hong Kong is only adding fuel to this exodus .... Hong Kong neighborhoods echo with late night cries for freedom (Reuters).
21 comments:
Yeah no shit we moved over 2 years ago. I even wrote about it here on the blog. As I said, the news and analysts are years behind and there's a catch-up lag. The market correction will come early next year with the housing bubble that the Chinese can no longer fight off either. My guess is unrests will come to mainland about that same time and it won't be pretty. China is majorly fucked and the blame will go to Xi. Emperor for life. Sure.. but it won't be a long life
The three charts that show Trump is losing the trade war with China
We're winning dummy, but I could find lots of data to support losing if I really wanted to say that.
Mike exactly. Our weakness are the dummies like the little parrot. I'm the one who called him that first. I called the 2016 election about a week in advance-even bet 3k on it. I called Mueller report 2 years ahead (when it was still the fbi report), I told him he's an idiot then and he's an even bigger idiot now, not understanding the significance of this historic moment. If we support Trump, the Chinese century will not come. If we keep fighting him, it might still happen. He literally puts his leftist view points - many of which are virtue signaling to subconsciously apologise for his own sins like running a porn/smut website and having served without distinction - and he does all that to help, but he is not helping. He is hindering this administration's efforts and could cost the US trillions, which means the tax burden for his or my or your children will not be reduced. This guy is not only driven by his guilt to the left so much that he accepts groups like Antifa so he can virtue signal his hatred for the "bad guy" trump (so he looks good), no, he also keeps ignoring that an economic war is fought not just by imports, tariffs, markets, and regulations, but importantly by psychology. He's such an idiot I'm so sick of him. Just stop with your porn website and your guilt behaviour. You're 90 years, man..grow the f up and help instead of being this tool of cnn. They don't give an f about you. Zucker (cnn ceo) made a long term alliance with the dnc and you're just being manipulated. Think once ffs!
Mike Feldhake,
You were responding to Fred Lapides or someone imitating him.
He is a died in the wool Democrat and Never Trumper. He is like Slow Joe.
Trump spirals into unhinged Labor Day Twitter frenzy snarling and lashing out in all directions – Raw Story
Here's a nice big list of layoffs since Trump and Republicans came into power
Please shut up, Mr. President, and read some books
"REVEALED: ODESSA SHOOTER IS A REGISTERED DEMOCRAT!"
Democrats own guns too. so what? it is gun laws, texas that is the issue, moron
STUPID IS AS STUPID DOES
Texas Gov. Greg Abbott defended new gun laws that ease restrictions on gun owners in that state Sunday, hours after the laws went into effect and hours after a gunman shot at least 21 people, killing seven, in and around Odessa, Texas.
The new laws loosen restrictions on gun ownership and use in schools, foster homes, apartment buildings, and houses of worship. Proponents of the laws argue that they will offer people the opportunity to defend themselves from threats, while critics say expanding gun access makes people less safe.
The Fragile Patriotism of the American Conservative
"Democrats own guns too. so what? it is gun laws, texas that is the issue, moron"
This guy bought his gun illegally.
When he went through the legal route , he was denied. The law worked. This gun was either stolen or it came across the Mexican border, because there is no wall.
Texas has a lower mirder rate than Illinois or Shitcago.
http://worldpopulationreview.com/states/murder-rate-by-state/
It is not the laws. Well it is. Fuckercat dipshits do not enforce existing law.
This gun may have been one provided by Democrat Attorney General Eric Holder.
Eric Holder needs to be arrested and have no bond. He should be in jail until his trial.
Percentage-wise there are lots of legal Hispanic-Americans in Texas. Compare that to Shitcago where percentage wise the illegal aliens outnumber Hispanic-Americans. Thank you Fuckercrats, you SHITS!
DEMOCRAT Demanded Protection for Company Linked to Terror Group Al-Shabaab
DEMOCRAT Party = PRO-TERRORIST!
Fund terrorism today! Donate to Democrats!
Do you mean "EEL with the Issues" ?
My God, Fred. There is no reason to shout. Look, I respect you, but don't you see what you do on a daily basis? I would not be able to distinguish you from a leftist troll, bot or human. As if there was no brain activity, you just spend your entire day repeating what you've been told through mass media - in your case left leaning, virtue signaling outlets to have the feeling you're doing something good, you know? I really do believe you're over compensating. Just look at your ego, man. You want to be known as someone who shouts down people with all caps? Running a smut website for years and years. Look, again, I respect you, but please try to wake up and self reflect a bit and think about why you do these things. It is not normal to post the way you post. Anyways, good luck
Squirrel not easy being secret with all caps.
...
NEWS FLASH
"You don't need a gun to carry out a school massacre. Just evil in your heart."
https://www.cnn.com/2019/09/02/asia/china-school-hubei-dead-intl-hnk/index.html>Man kills eight schoolchildren in China on first day of class
Actually it's not.
On second thought it is.
The DERP is very strong in Lieberals.
"The Left hates what it calls the "school-to-prison pipeline'. Instead it prefers to enable future killers like Nikolas Cruz and enable the 'school-to-morgue pipeline'."
'school-to-morgue pipeline'
What does a liberal say to the 'school-to-morgue pipeline' ?
"Hooah"
you are only win if you make it to heaven you fools sad but true there is a hell people
Lapides,
Your oral history is on line. That's called in the "public domain". YOU need to deal with issues, but until you do, you remain ( how's it said?) a REMF, FOUO ranger.
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