About that....


Trump Tariffs Put Carmakers’ Tax Windfall at Risk

If the article estimates future tax savings why not show it on the chart? I guess it wouldn't be nearly as dramatic to show the "cost" of he tariffs at roughly one third or half of the tax savings over the course of the year.

The price of our steel goes up a little bit.

The price of their food goes up a lot.


Guess who wins.

Quote:Whirlpool Corp on Monday trimmed its full-year profit outlook as it booked a large charge on its European operations and said it wouldn’t be able to offset the effect of steel tariffs with higher prices for consumers.

The company said Monday it now expects to pay about $350 million more this year from rising raw-material costs as it faces “a very challenging cost environment.”

Whirlpool, Hit by Charges and Rising Costs, Cuts Its Profit Outlook for the Year

One of the absolute dumbest notions is that we can't negotiate trade deals without first shooting ourselves with idiotic tariffs.

(07-25-2018 01:57 PM)Redwingtom Wrote:  

Quote:Whirlpool Corp on Monday trimmed its full-year profit outlook as it booked a large charge on its European operations and said it wouldn’t be able to offset the effect of steel tariffs with higher prices for consumers.

The company said Monday it now expects to pay about $350 million more this year from rising raw-material costs as it faces “a very challenging cost environment.”

Whirlpool, Hit by Charges and Rising Costs, Cuts Its Profit Outlook for the Year

Failed to mention that $114mm antitrust settlement in France that is mentioned later in the article.


Let me save you some time before you start posting story after story. Yes companies are taking it on the chin right now. No, this isn't a permanent thing. US companies will be better off once the tariffs are negotiated down and the US receives fair treatment on trade deals.

Tom, can you post a spreadsheet detailing the exact tariffs the USA charges to ABC countries and what those countries charge USA exports. It will save all us a lot of time.

Why is the graph comparing Q1 2018 vs. 2018?

(07-25-2018 01:57 PM)Redwingtom Wrote:  

Quote:Whirlpool Corp on Monday trimmed its full-year profit outlook as it booked a large charge on its European operations and said it wouldn’t be able to offset the effect of steel tariffs with higher prices for consumers.

The company said Monday it now expects to pay about $350 million more this year from rising raw-material costs as it faces “a very challenging cost environment.”

Whirlpool, Hit by Charges and Rising Costs, Cuts Its Profit Outlook for the Year

Whirlpool sucks. They need to put any profit they make back into improving quality anyway.

(07-25-2018 01:56 PM)UofMstateU Wrote:  The price of our steel goes up a little bit.

The price of their food goes up a lot.


Guess who wins.

Democrats?

(07-25-2018 01:49 PM)Redwingtom Wrote:  About that....


Trump Tariffs Put Carmakers’ Tax Windfall at Risk

So whats your point? Where are the charts that reflect the amount of lost profits due to foreign trade barriers over the last 2 decades? This isnt a question of whether tariffs are good or bad. Its universally agreed they are a negative. The Trump tariffs are simply a means to the goal of getting rid of the trade barrier headwinds most all US products face in the export market. You have to be willingly ignoring the obvious to post this type of silliness. Hell---its already happening. News is breaking om that topic right now.

Trump Secures Concessions from Europeans, EU Official Says

https://www.wsj.com/articles/ahead-of-eu...1532524795


EU to increase LNG imports from the US, lower tariffs, import more US soybeans and more.

(07-25-2018 03:09 PM)200yrs2late Wrote:  Trump Secures Concessions from Europeans, EU Official Says

https://www.wsj.com/articles/ahead-of-eu...1532524795


EU to increase LNG imports from the US, lower tariffs, import more US soybeans and more.

(07-25-2018 03:09 PM)200yrs2late Wrote:  Trump Secures Concessions from Europeans, EU Official Says

https://www.wsj.com/articles/ahead-of-eu...1532524795


EU to increase LNG imports from the US, lower tariffs, import more US soybeans and more.

Breaking news!

(07-25-2018 03:09 PM)200yrs2late Wrote:  Trump Secures Concessions from Europeans, EU Official Says

https://www.wsj.com/articles/ahead-of-eu...1532524795


EU to increase LNG imports from the US, lower tariffs, import more US soybeans and more.

Just saw the news conference between Juncker (?) and Trump. All I can say is:


STILL WINNING!

That soybean part is like giving the finer to the Chinese. Besides, the EU needs as much soybeans to keep their Liberals fed. LOL

This thread from 3 hours ago aged well.

lulz

Tom after making 30% of the first 10 post...

(07-25-2018 05:00 PM)Kronke Wrote:  This thread from 3 hours ago aged well.

lulz

We have warned libturds to wait a few hours before posting their drivel, so as to:

1. Ensure they arent posting fake news and /or

2. Wait to ensure Trump doesnt do something amazing in that short amount of time that counteracts their post

(07-25-2018 05:00 PM)Kronke Wrote:  This thread from 3 hours ago aged well.

lulz