It's the economy, stupid.

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GoCubsGo
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Re: It's the economy, stupid.

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Could be a long cruel summer.

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Re: It's the economy, stupid.

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Things continue to go well.

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Re: It's the economy, stupid.

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GoCubsGo wrote:
Tue May 27, 2025 8:39 am
Things continue to go well.

If one reads the article it discloses that most, if not all job losses, will be in Sweden. This is part of the tariff strategy. It applies some pressure on Sweden to adjust trade practices with the USA.

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Re: It's the economy, stupid.

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Supsalemgr wrote:
Tue May 27, 2025 10:27 am

If one reads the article it discloses that most, if not all job losses, will be in Sweden. This is part of the tariff strategy. It applies some pressure on Sweden to adjust trade practices with the USA.
And not a precursor to a possible global recession instigated by a butthurt manchild. :lol:
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Re: It's the economy, stupid.

Unread post by Supsalemgr »

GoCubsGo wrote:
Tue May 27, 2025 11:32 am
Supsalemgr wrote:
Tue May 27, 2025 10:27 am

If one reads the article it discloses that most, if not all job losses, will be in Sweden. This is part of the tariff strategy. It applies some pressure on Sweden to adjust trade practices with the USA.
And not a precursor to a possible global recession instigated by a butthurt manchild. :lol:
Your TDS is showing.

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Re: It's the economy, stupid.

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Supsalemgr wrote:
Tue May 27, 2025 11:39 am
GoCubsGo wrote:
Tue May 27, 2025 11:32 am
Supsalemgr wrote:
Tue May 27, 2025 10:27 am

If one reads the article it discloses that most, if not all job losses, will be in Sweden. This is part of the tariff strategy. It applies some pressure on Sweden to adjust trade practices with the USA.
And not a precursor to a possible global recession instigated by a butthurt manchild. :lol:
Your TDS is showing.
As is your headuphisass disease.
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Re: It's the economy, stupid.

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GoCubsGo wrote:
Tue May 27, 2025 11:43 am
Supsalemgr wrote:
Tue May 27, 2025 11:39 am
GoCubsGo wrote:
Tue May 27, 2025 11:32 am
Supsalemgr wrote:
Tue May 27, 2025 10:27 am

If one reads the article it discloses that most, if not all job losses, will be in Sweden. This is part of the tariff strategy. It applies some pressure on Sweden to adjust trade practices with the USA.
And not a precursor to a possible global recession instigated by a butthurt manchild. :lol:
Your TDS is showing.
As is your headuphisass disease.
Cute. How does your response relate to the fact I stated the truth about the article?

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O Really
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Re: It's the economy, stupid.

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Equally true: "Trump, not being satisfied with wrecking the US economy, intentionally takes actions that he knows or should know damage the economy of US allies in lieu of an actually whipping it out"

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Re: It's the economy, stupid.

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Cubby, did you foolishly purchase stock in that shitty auto manufacturer Volvo?
1 CAT FAN wrote:
Mon May 05, 2025 4:31 pm
O Really wrote:
Mon May 05, 2025 11:17 am
GoCubsGo wrote:
Mon May 05, 2025 11:07 am
O Really wrote:
Mon May 05, 2025 10:36 am
I am sooooo tired of reporters/media saying "Trump "did" something" when it should be "Trump "said" or "Trump "wants" or better still just ignore his most ridiculous stable genius babblings. I'm not saying actually ignore the efforts he's making to destroy large parts of the country - I'm saying they should ignore the obvious smoke and mirrors he throws out every day.
I'm just as tired with DonOld or his merry band of trumpaloons saying "we've brought a gazillion dollars of investment and jobs into the United States with new factories and jobs" based upon vague future plans or promises from foreign governments or corporations when there hasn't a shovel of dirt moved or even land bought.
Yeah, that too. And really, what even remotely responsible CEO is going to totally disrupt their corporate integration and supply chain, as well as their entire business model, spending hundreds of millions, based on Trump's word (of today, which may be different from his word of tomorrow)
These companies say they're investing more in U.S. manufacturing as tariffs go into effect

Abbott Laboratories

Illinois-based medical device company Abbott Laboratories said in a statement Wednesday that a $500 million investment in manufacturing, research and development capabilities at plants in Illinois and Texas will "go live" by the end of the year.

Apple

Apple in February said that it's committed to spending more than $500 billion on expanding its U.S. manufacturing capabilities over four years.

The company says it will expand its current facilities, increasing the number of workers employed at plants in Arizona, California, Iowa, Michigan, Nevada, North Carolina, Oregon, Texas and Washington.

Chobani

Chobani, known for its Greek-style yogurt, is expanding manufacturing in New York State. The yogurt company on Tuesday announced plans to spend at least $1.2 billion opening a million-square-foot factory in Rome, New York.

Company executives believe the plant will be the largest dairy factory in the U.S., with the capacity to produce up to one billion pounds of dairy products annually. Chobani said the domestic expansion, which will create 1,000 new jobs, is necessary to meet demand.

Cra-Z-Art

Randolph, New Jersey-based toy company Cra-Z-Art in March said it is growing its U.S. production capacity by 50%, "to combat the cost of tariffs for imported goods from China and other countries."

Johnson & Johnson

Johnson & Johnson is planning to invest more than $55 billion in new U.S. manufacturing facilities over four years. The investment represents a 25% increase compared with the previous four years, the health care company said in March. The brand new Wilson, North Carolina, facility will focus on manufacturing next-generation medication for people with cancer, and immune-mediated and neurological diseases, the company said.

The pharmaceutical company will also expand capacity at existing domestic plants in a move it says "will create high-paying, high-technology jobs."

Honda Motor

Honda Motor this week said it is moving production of its Civic Hybrid Hatchback from Japan to the U.S., :thumbup: in the face of a barrage of tariffs by the Trump administration, including a 25% tariff on vehicles and auto parts imported into the U.S.

Hyundai Motor Company

Hyundai in March announced a $21 billion commitment to investing in domestic manufacturing from 2025 to 2028. "Hyundai Motor Group is deepening its partnership with the United States, reinforcing our shared vision for American industrial leadership. The Group's investment and efforts will further expand our operations in the U.S. and grow our American workforce," Hyundai said in a March statement. :thumbup:

IBM

IBM on April 28 pledged to invest $150 billion in U.S. manufacturing over five years. At least $30 million will go toward research and development to further U.S.-based computer manufacturing, the computing giant said.

"We have been focused on American jobs and manufacturing since our founding 114 years ago, and with this investment and manufacturing commitment we are ensuring that IBM remains the epicenter of the world's most advanced computing and AI capabilities," IBM CEO Arvind Krishna said in a statement.

Merck

Drugmaker Merck is investing $1 billion to build a U.S. plant in Delaware. The move comes amid plans by President Trump to impose tariffs on pharmaceuticals, which would include taxes on imported ingredients used drug manufacturing.

The company said it plans to build a new 470,000-square-foot facility in Wilmington, Delaware, where it will make Keytruda, the company's immunotherapy treatment for different cancers. The plant will be Merck's first U.S. facility dedicated to making Keytruda for U.S. patients, the company said.

"This is part of a significant investment to not only bring the world's best-selling medicine closer to the American patients who rely on it, but to also establish a home for our biologics portfolio of products serving U.S. patients," Merck said in a statement.

This one's for cubby, got to keep you in supply of AI photo shop images.

Nvidia

Last week, American chip maker Nvidia announced that for this first time in the company's history, it will be manufacturing chips and AI supercomputers in the U.S.

Nvidia said in a statement that it has commissioned more than a million square feet of manufacturing space to build its Blackwell chips in Arizona and AI supercomputers in Texas. The company said it expects to produce up to half a trillion dollars' worth of AI infrastructure in the U.S.
"The engines of the world's AI infrastructure are being built in the United States for the first time," Nvidia founder and CEO Jensen Huang said in the same statement. "Adding American manufacturing helps us better meet the incredible and growing demand for AI chips and supercomputers, strengthens our supply chain and boosts our resiliency."
https://www.cbsnews.com/news/us-manufac ... c-tariffs/

:lol: :obscene-birdiedoublered:

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Vrede too
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Re: It's the economy, stupid.

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O Really wrote:
Tue May 27, 2025 2:55 pm
Equally true: "Trump, not being satisfied with wrecking the US economy, intentionally takes actions that he knows or should know damage the economy of US allies in lieu of an actually whipping it out"
:o :thumbup:

Unemployed Swedes and up to 800 Americans make SoupySales hard.

Volvo to cut up to 800 US jobs as Trump's tariffs bite

Many of these layoffs will be in purple Pennsylvania and Virginia. MAGA!
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Re: It's the economy, stupid.

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Supes, and undoubtedly Trump probably don't know that the bulk of Volvo US business isn't the cars that stereotypically lefty moms pick their kids up in, but in heavy duty construction and land moving equipment - kinda fundamental things to have if you're gonna build some of this big beautiful manufacturing factories.

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Re: It's the economy, stupid.

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O Really wrote:
Tue May 27, 2025 6:28 pm
Supes, and undoubtedly Trump probably don't know that the bulk of Volvo US business isn't the cars that stereotypically lefty moms pick their kids up in, but in heavy duty construction and land moving equipment - kinda fundamental things to have if you're gonna build some of this big beautiful manufacturing factories.
Yep. The Macungie, Pennsylvania plant facing layoffs makes Mack Trucks.

Image
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Re: It's the economy, stupid.

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GM to increase truck production in Indiana following Trump's tariffs

General Motors (GM) announced it is increasing production of its light-duty trucks following President Donald Trump’s announcement this week of wide-ranging tariffs. The plant in Fort Wayne, Indiana, will see increases in production and employment.
Workers at the plant make the Chevy Silverado and GMC Sierra trucks.
Earlier in April, GM announced that its U.S. sales increased by 17% in the first quarter, asserting that it continues to be the market leader in full-size pickups.
https://san.com/cc/gm-to-increase-us-tr ... ouncement/

:obscene-birdiedoublered:

Isuzu Selects Greenville County to Establish Its New United States Production Base

A subsidiary of Isuzu Motors Limited, one of the world’s largest manufacturers of medium- and heavy-duty trucks, Isuzu supplies commercial vehicles for the United States and Canadian markets.

“Isuzu carefully considered numerous factors when deciding where to locate its new production base. We found everything that we wanted and more in the State of South Carolina and Greenville County: a supportive business environment, excellent access to transportation, proximity to the Port of Charleston, an excellent labor pool, a skilled workforce being produced by nearby colleges, and the benefits of joining a large and growing automotive production base. We look forward to starting up our operations and making a positive contribution to the state and the local community.”
Isuzu North America Corporation President Noboru Murakami

“Once again, South Carolina’s reputation as an automotive powerhouse is bringing increased opportunities to our borders. Isuzu’s new Greenville County operation will make an incredible impact in the Upstate region and throughout the state. We welcome Isuzu to our business community and look forward to the company launching its legacy here.” Secretary of Commerce Harry M. Lightsey III
https://greenvilleeconomicdevelopment.c ... tion-base/

:obscene-birdiedoublered:

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GoCubsGo
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Re: It's the economy, stupid.

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Supsalemgr wrote:
Tue May 27, 2025 1:30 pm


Cute. How does your response relate to the fact I stated the truth about the article?
Easy, I ignored you.

Only true blue trumpaloons are naive enough to think we're not in a global economy, especially for a first world country.
We just had a worldwide cycle of inflation to prove it.

And this for your further edification.
O Really wrote:
Tue May 27, 2025 6:28 pm
Supes, and undoubtedly Trump probably don't know that the bulk of Volvo US business isn't the cars that stereotypically lefty moms pick their kids up in, but in heavy duty construction and land moving equipment - kinda fundamental things to have if you're gonna build some of this big beautiful manufacturing factories.
Oops.

America first! LOL
Bet you think trickle down economics work too.
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Re: It's the economy, stupid.

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GoCubsGo wrote:
Tue May 27, 2025 11:29 pm
Easy, I ignored you.

Only true blue trumpaloons are naive enough to think we're not in a global economy, especially for a first world country.
We just had a worldwide cycle of inflation to prove it.

And this for your further edification.
O Really wrote:
Tue May 27, 2025 6:28 pm
Supes, and undoubtedly Trump probably don't know that the bulk of Volvo US business isn't the cars that stereotypically lefty moms pick their kids up in, but in heavy duty construction and land moving equipment - kinda fundamental things to have if you're gonna build some of this big beautiful manufacturing factories.
Oops.

America first! LOL
Bet you think trickle down economics work too.
:D

Plus, "the truth about the article" omitted the fact that Volvo had announced plans to eliminate "up to 800 US jobs" a month earlier, also related to DonOLD's tariffs.

Opps.
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Re: It's the economy, stupid.

Unread post by 1 CAT FAN »

GoCubsGo wrote:
Tue May 27, 2025 11:29 pm
Supsalemgr wrote:
Tue May 27, 2025 1:30 pm


Cute. How does your response relate to the fact I stated the truth about the article?
Easy, I ignored you.

Only true blue trumpaloons are naive enough to think we're not in a global economy, especially for a first world country.
We just had a worldwide cycle of inflation to prove it.

And this for your further edification.
O Really wrote:
Tue May 27, 2025 6:28 pm
Supes, and undoubtedly Trump probably don't know that the bulk of Volvo US business isn't the cars that stereotypically lefty moms pick their kids up in, but in heavy duty construction and land moving equipment - kinda fundamental things to have if you're gonna build some of this big beautiful manufacturing factories.
Oops.

America first! LOL
Bet you think trickle down economics work too.
You think other countries actually give a shit about America's economy? The left were blissfully in chains of dependence. America First? NO! The left lazily slid America insignificantly somewhere not to be seen in line. And you dumbfucks comfortably cheer while leftist politicians chuckle.

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Re: It's the economy, stupid.

Unread post by Vrede too »

PINO is an illegal, again:
Federal trade court blocks Trump from imposing sweeping tariffs under emergency powers law

A federal trade court on Wednesday blocked President Donald Trump from imposing sweeping tariffs on imports under an emergency-powers law, swiftly throwing into doubt Trump’s signature set of economic policies that have rattled global financial markets, frustrated trade partners and raised broader fears about inflation intensifying and the economy slumping.

The ruling from a three-judge panel at the New York-based Court of International Trade came after several lawsuits arguing Trump has exceeded his authority and left U.S. trade policy dependent on his whims....

But for now, Trump might not have the threat of import taxes to exact his will on the world economy as he had intended, since doing so would require congressional approval. What remains unclear is whether the White House will respond to the ruling by pausing all of its emergency power tariffs in the interim.

The ruling amounted to a categorical rejection of the legal underpinnings of some of Trump’s signature and most controversial actions of his four-month-old second term. The ruling faces certain appeal — and the Supreme Court will almost certainly be called upon to lend a final answer — but it casts a sharp blow.

“The Worldwide and Retaliatory Tariff Orders exceed any authority granted to the President by IEEPA to regulate importation by means of tariffs,” the court wrote, referring to the 1977 International Emergency Economic Powers Act.

While tariffs must typically be approved by Congress, Trump has said he has the power to act to address the trade deficits he calls a national emergency.

He is facing at least seven lawsuits challenging the levies. The plaintiffs argued that the emergency powers law does not authorize the use of tariffs, and even if it did, the trade deficit is not an emergency because the U.S. has run a trade deficit with the rest of the world for 49 consecutive years....

A dozen states also filed suit, led by Oregon. “This ruling reaffirms that our laws matter, and that trade decisions can’t be made on the president’s whim,” Attorney General Dan Rayfield said.
:---P These first few months have been marked by DonOLD's criminal behavior. Cons used to care about that, including when they invented the accusation for Joltin' Joe out of thin air.
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Re: It's the economy, stupid.

Unread post by GoCubsGo »

Vrede too wrote:
Wed May 28, 2025 8:41 pm
PINO is an illegal, again:

:---P These first few months have been marked by DonOLD's criminal behavior. Cons used to care about that, including when they invented the accusation for Joltin' Joe out of thin air.
Interesting ruling.

Get ready for a nutty on activist judges overstepping that should me impeached and appeals that'll eventually reach the Supremes.

Hopefully it'll take at least four years.
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Re: It's the economy, stupid.

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GoCubsGo wrote:
Wed May 28, 2025 9:04 pm
Interesting ruling.

Get ready for a nutty on activist judges overstepping that should me impeached and appeals that'll eventually reach the Supremes.

Hopefully it'll take at least four years.
The nutty is described in the article, including threats of an appeal. I avoid quoting PINO and MAGA when I can, both because they LIE and LIE and because I just find doing so to be distasteful.

Here's a nutty that I think is entertaining, though:
“Don’t Ever Say What You Said”: Donald Trump Fumes At Reporter For Asking About Wall Street’s Notion That He Always “Chickens Out” On Tariffs

Donald Trump once again got testy with a reporter over a question, this time over a phrase being used on Wall Street over the president’s tendency to not follow through on tariff threats: the TACO trade, as in “Trump Always Chickens Out.”

The reporter, Megan Casella of CNBC, noted that analysts have used the term, and it explains why markets have been higher this week. “What’s your response to that?” she asked Trump....

He then told Casella, “You ask a nasty question like that. It’s called negotiation. You set a number… if I set a number at a ridiculous high, I go down a little bit, they want me to hold that number. 145% tariff.” Trump said that “we were doing no business because of the tariff, because it was so high. I knew that. But don’t ever say what you said. That’s a nasty question.”
:violin: Awww, the lifelong cowardly "bone spurs" Chickenhawk in Chief's feewings are hurt.
Wall Street markets gyrated as trade between the U.S. and China came to a standstill. But after negotiations earlier this month, the U.S. lowered the tariff, at least for 90 days, to 30%, while China dropped its reciprocal tariff to 10%.
The S&P is down 4% since the inauguration.
https://finance.yahoo.com/quote/%5ESPX/
It's not a huge drop, but how much growth has been forsaken, how much anxiety has been caused, and what happens with the next tariff imposition?
... As for Trump calling her question “nasty,” Casella said it was “a badge of honor, I guess.”
:lol: :clap:

EDIT: Opps, you technically beat me to it by 10 minutes:
viewtopic.php?p=213972#p213972
Although, that's largely or entirely due to my withdrawing my post in order to incorporate a reply to your 9:04 pm post. Let's call it a draw? Since I include different info I'll let the post stand.

I really like the TACO acronym - Trump Always Chickens Out :laughing-rolling: We could almost use it for a new thread title. ;)
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GoCubsGo
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Re: It's the economy, stupid.

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Beat ya!

GoCubsGo wrote:
Wed May 28, 2025 9:16 pm
Oh my.

TACO is trending all over the place.

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