Trump 47
- Thread starter PF5
- Start date
Is a lot of the food you serve imported? Not being a smartass, I'm truly trying to understand how tariffs on China affects restaurants in America.
Polds4OSU
Marshall
On the heels of terminating 10,000 jobs from the Department of Health and Human Services this week, Sec. Robert F. Kennedy Jr. told ABC News some programs would soon be reinstated because they were mistakenly cut. https://abcnews.go.com/Politics/rfk...ing-programs-employees-cut/story?id=120463293
mugatu
Ranger
I'll let him respond but there's a lot of food items that are imported. Link allows you to look at historical food imports.
U.S. Food Imports | Economic Research Service
This data set provides import values of edible products (food and beverages) entering U.S. ports and their origin of shipment. Data are from the U.S. Department of Commerce, U.S. Census Bureau. Food and beverage import values are compiled by calendar year into food groups corresponding to major...
You have proved his point.
I hope you understand “liberation day” wasn’t just about a tariff on China.
Instead of asking a question w an erroneous assumption just do a little research yourself. Start w foods imported to the us and expand to how tariffs will impact the food we eat.
What is happening is the beginning of the FA portion of the show.
By summer his tariffs and layoffs will begin to push us into the FO portion.
U.S. President Donald Trump's reciprocal tariffs announced on Wednesday targeted more than a hundred trading nations with a minimum baseline rate of 10% and much higher for certain countries.
The list of trading partners was expansive. So expansive, in fact, that they included several remote island groups around the world, including one sub-Antarctic territory devoid of humans and inhabited mainly by penguins.
The U.S. slapped a 10% reciprocal tariff on Heard Island and McDonald Islands. Located nearly 2,500 miles southwest of mainland Australia and managed by the Australian Antarctic Division, the island group is one of the world's least disturbed areas by humans.
The list of trading partners was expansive. So expansive, in fact, that they included several remote island groups around the world, including one sub-Antarctic territory devoid of humans and inhabited mainly by penguins.
The U.S. slapped a 10% reciprocal tariff on Heard Island and McDonald Islands. Located nearly 2,500 miles southwest of mainland Australia and managed by the Australian Antarctic Division, the island group is one of the world's least disturbed areas by humans.
PF5
Sheriff
Trump gambles on tariffs as nation braces for economic fallout
President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world. But in fulfilling a key campaig…
thehill.com
President Trump took his biggest gamble yet on the economy Wednesday when he pressed forward with sweeping tariffs on imports from nearly every country in the world.
But in fulfilling a key campaign promise, he also ignored warnings that targeting key trading partners — from the likes of China, Japan and the European Union — will raise prices at home and risk the eruption of a global trade war.
The tariffs also stand to inject a fresh round of uncertainty in the stock market and a slew of industries, from auto parts to steel and groceries, leaving Americans bracing for higher prices and some economists concerned about the risk of a recession.
Other financial analysts also suggested Wednesday that Trump’s three major goals in imposing the tariffs — bringing more manufacturing to the U.S., increasing U.S. revenue and negotiating lower tariffs with foreign countries — could all potentially work against one another.
…
The U.S. Chamber of Commerce, the top pro-business lobbying group, opposed the announcement, urging the administration to instead focus on tax policy and deregulation.
“What we have heard from businesses of all sizes, across all industries, from around the country is that these broad tariffs are a tax increase that will raise prices for American consumers and hurt the economy,” Neil Bradley, the Chamber’s executive vice president, said in a statement.
Other industry groups also hit back, including the National Retail Federation, arguing “more tariffs equal more anxiety and uncertainty for American businesses and consumers.” The National Restaurant Association argued“tariffs will hike food and packaging costs and add uncertainty to managing availability, while pushing prices up for consumers.”
…
Trump himself has been largely nonchalant about the prospect that American consumers will face consequences for his policy. He has acknowledged there may besome short-term pain because of the tariffs, and over the weekend he told NBC News he “couldn’t care less” if the price of cars increased as a result of his policies.
…
Sen. Rand Paul (R-Ky.) has for days warned that tariffs amount to a tax on consumers and on Wednesday called it “a fallacy to think that it will help the country.”
Sen. Susan Collins (R-Maine) said Wednesday she would support a resolution aimed at undoing the basis for Trump’s tariffs on Canada, arguing they are detrimental to Maine’s economy.
And, Robert B. Zoellick, U.S. trade representative under former President George W. Bush, called Trump’s trade policy “chaotic protectionism” and also warned about the confusion of his rollouts.
“Beyond the direct impact of the tariffs themselves, the constant flip-flops create confusion, adding a cost of uncertainty that impedes planning, especially for small businesses,” said Zoellick, a member of Foreign Policy for America’s advisory board. “What’s more the inevitable retaliation – some we’re already seeing – will hurt America’s successful exporters, especially farmers and cutting-edge machinery and services industries.
…
Ended up down 5.5% on the QQQ. Oil down 7% on the day. They've managed to knock nearly 20% off QQQ in 6 weeks. 2022 bear market saw a 35% drawdown over 13 months. Keep in mind this is entirely self inflicted. We're just pointing a shotgun at our face and pulling the trigger over and over like a Bugs Bunny/Yosemite Sam cartoon.
Maybe you misread what he said or he wasn’t crystal clear.
I read his post as a general statement about tariffs and a specific example of China.
I imagine a lot of his food is imported from Central and South America and maybe a
Canada and is also subject to tariffs.
mugatu
Ranger
I don't think it'll go through the House as long as the current Speaker is running things. They should have pushed back against it a month ago when he started the crap with Canada but nope, they just tucked their chins down, said yes boss and went along with it all. Morons, they are all morons for constantly giving in to his every idea.
They really do think Americans are gullible idiots.
Unfortunately they have largely been proven right.
Johnson has said he won’t even put it up for a vote on the record.
mugatu
Ranger
Judge holds ICE agent in contempt after he detained suspect during a trial
A judge in Boston is holding an U.S. Immigration and Customs Enforcement agent in contempt after he detained a suspect while he was on trial.
apnews.com
ICE arrested someone outside the courthouse while they were on trial, therefore denying them the ability to be present for rest of the trial.
mugatu
Ranger
Yep. Exactly what I thought would happen. Johnson has his head up Trump's butt and would never do anything to jeopardize Trump's all encompassing power.
Wonder how long until the more central Rs grow a pair band together with the Dems and vote to boot him and elect a normal person to the position... maybe next year.
It was a misdemeanor trial in municipal court.
Judge holds ICE agent in contempt after he detained suspect during a trial
A judge in Boston is holding an U.S. Immigration and Customs Enforcement agent in contempt after he detained a suspect while he was on trial.
ICE arrested someone outside the courthouse while they were on trial, therefore denying them the ability to be present for rest of the trial.
The action led to a dismissal of charges.
ICE still has the guy.
Polds4OSU
Marshall
Exclusive: The Trump administration has begun the process of reclassifying workers at some agencies to a new job category with fewer protections, according to two sources familiar with the situation and an email seen by Reuters https://reut.rs/3FUBEp5
Polds4OSU
Marshall
The Kentucky bourbon industry said it is reeling from retaliatory actions taken by Canada and the European Union in response to President Trump's trade war against both global regions. https://abcnews.link/7qpbl03
Straight out of the Project 2025 playbook.
Polds4OSU
Marshall
BREAKING
NSA Director General Timothy Haugh, the chief of the U.S. government’s most powerful intelligence-gathering agency, has been fired.
His deputy, Wendy Noble, has been fired as well.
(Cipher Brief, Washington Post, Reuters all reporting)
NSA Director General Timothy Haugh, the chief of the U.S. government’s most powerful intelligence-gathering agency, has been fired.
His deputy, Wendy Noble, has been fired as well.
(Cipher Brief, Washington Post, Reuters all reporting)
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