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Dragon Stone ☮ @DragonStone1963
, 23 tweets, 8 min read Read on Twitter
I present to you "The Great Negotiator" ladies and gentlemen. Here are some of is notable accomplishments from negotiating global economic policies that are slowly strangle our economy.
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"But Carrier also laid off 338 manufacturing workers in July and another 215 this week. Those jobs are going to the company’s plant in Monterrey, Mexico, where workers make about $3 an hour, according to Indiana union officials"
"The EU raised U.S. motorcycle tariffs from 6% to 31%. This percent increase adds nearly $2,200 to the cost of an average motorcycle, according to the public filing"… via @FortuneMagazine
A Company Owner Asks His Customers for Understanding—and Help—After Raising Prices in the Wake of Trump’s Steel Tariffs…
"China quickly put a 25 percent tax on aluminum scrap from the United States. Then on May 4, they suddenly announced a complete moratorium on all scrap shipments from the United States into China. And it was effective immediately."
"Ten out of 30 employees were let go, unfortunately. "
"If the tariffs remain in place, “I’ve got to find another way to make a living,” Adler tells The Washington Post. “It’s going to be an ugly scenario if it doesn’t end quickly.”…
"The market in the last two weeks of June dramatically dropped," Frank Konyn, owner of Konyn Dairy, said. "I am losing $1,400 a day, about $40,000 a month here in this dairy."… via @nbcsandiego
"Ironically some of the hardest-hit companies are American or producing in the US, even though the tariffs imposed by the US are intended to help domestic companies,"…
Manufacturers of steel is dwarfed by the number that consume it, many companies have complained they're facing higher prices because of the tariffs on steel and aluminum. Major names such as General Motors, 3M, Stanley Black and Decker, and Caterpillar.
Got this email today, if you are an avid cyclist buy now it appears bike prices are going up. Thanks 45.
"So instead of giving US companies breathing room to manufacture their own e-bikes, the tariffs are largely just hurting the US electric bicycle industry"…
"While Fletcher said the plant's unprofitability was a major piece of the reason for the layoffs, the final decision was only made following the imposition of tariffs."…
This is a great overview of 45's damage due to tariffs.…
"steel prices are the highest they have been since 2008 and they have increased by 43 percent since this time last year."…
Great John Oliver segment on trade, Trump and Tariffs every MAGA should watch.
via @YouTube
"The Dow Jones Industrial Averagedropped 137.65 points to 25,986.92 while the S&P 500 fell 0.4 percent to 2,901.13. "
"There's not a farmer in America that would rather not have a good crop and a fair price than a government check,"…
“BMW saved Spartanburg and transformed South Carolina into a manufacturing mecca to the world,” said Mr. Britt, a member of the County Council. “When you mess with the golden goose, they’re family, and you’re messing with me.”
Tusco Display, a maker of custom store fixtures and precision metal fabrications in Gnadenhutten, Ohio, laid off 20 contract workers at the end of the first quarter and furloughed 10 employees for a month in June."…
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