President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30 dolls,” but he insisted China will suffer more from his trade war.
What about the kids who were lucky to get 2 dolls prior to the trade war? Shit outta luck I guess.
To get to BECOME the doll of some rich kid. You woke people really hate freedom.
Reminds me of middle-age tales where when a princeling disobeyed his whipping-boy would get beat.
Trump has a plan for them too. The coal mines.
but wait until he can’t find a good inflatable doll any longer…
China’s economy is still projected to grow while US heads to recession , this guy tries to create his own reality everywhere he goes.
Which was known long before the election. So people better get used to play with two dolls.
That’s kinda how he rolls. Just ignore reality and bully everyone that says otherwise until people are too tired of it and change reality to what he says it is.
And his sheep boys will bend over backwards to believe him. He loves the uneducated.
China has the whole world they still can sell to. The US has shut the door on all existing and potential partners
Because that’s what it’s all about - someone else suffering more. The objective is to increase the amount of suffering in the world, since we clearly don’t have enough of it just yet, but making sure others suffer more than us. Because trying to make it so that everyone suffers less is communist, unamerican and bad, I guess…
“trying to make it so that everyone suffers less is communist…”
Truth has never been better said.
Even if this were true, a policy that hurts everyone isn’t sucessful just because someone else suffers more than you.
It’s called a Russian victory.
If your suffering is negligibly small and your opponent’s – critical for him, then you can demand something.
Imagine a war where all sides are losing soldiers but one side is winning.
But in the case of China I’m not sure who will suffer more in the long run.
But in the case of China I’m not sure who will suffer more in the long run.
Consumers in both countries, as it always is with tariffs.
I doubt that Chinese customers depend much on imports from the USA. They might feel the overall slowering the economy until China finds a new destination for its goods, but that’s it.
Well, they need work in factories which produce goods for the US customers. If no one is going to buy those goods, these people will be out of a job.
until China finds a new destination for its goods
Yes, but the USA isn’t the only market. It was convenient because of its size, but nothing irreplaceable.
You realise that the companies that will no longer want to produce in China because of the tariffs will move to India or Vietnam or literally anywhere else? Kinda like Apple and Samsung are doing.
And? Some will move, others – won’t. Moving industry is a huge deal. It isn’t easy. And most companies understand that the problem is not China but Trump. Today Americans are required to pay additional taxes for Chinese stuff, tomorrow they will pay for Indian stuff.
Maybe you have some real numbers to analyze?
Its extremely arrogant to expect china to stop production, just because USA stops trading with them
Personally, i think it’s an issue of the skill variety.
Hmm, good point. US consumers it is, then.
It is for Republicans
It wouldn’t even be a pyrrhic victory. It would just be mutual suffering.
If your whole policy is to own the libs, it kind of is.
Isn’t this the whole ideology of the US. Always kick downwards?
When your worldview is completely transactional, and you believe that literally everything is zero-sum, then you do view that as successful.
But everybody suffering isn’t zero-sum. It’s net negative.
No, see, you start with the assumption that everything is zero-sum, then you look at the other guy to see suffering and conclude that you must therefore be winning.
Even the Grinch didn’t go on TV to tell peoole he was stealing Christmas.
More like two meals instead of three
Ah yes, the country with an established industrial base and centrally planned infrastructure is gonna suffer more from tariffs than the checks notes usury and consumption economy run by competing interests and bolstered almost entirely by the ownership of foreign assets and reliance on its currency for international trade.
Honestly my only conclusion is that they know and are willing to create an economic crisis for the purpose of consolidating political power in the form of “emergency measures” as fascists usually do. I refuse to believe they are just stupid
Trump, and many of his supporters, think that America is China’s biggest client. They’re totally blind to the idea that China is China’s biggest client, and that it’s not even close.
Their total lack of understanding of the world outside their little exceptionalist bubble is hilarious and depressing
Everyone knows the goal of running a country is to make people suffer. Not to accomplish anything positive. That would be GlObAlIsM
If Utilitarianism is about maximizing overall benefit and minimizing harm, Trump is an Inutilitarian
Why parrot his bullshit in the headline? China will not suffer as much as the US. This is such bullshit.
People are going to die in the streets due to the impact of these policies.
Not sure man, my vehicle threw a rod and I am struggling to find financing to get a used vehicle until I make the money to figure out a long term solution. Partner checked FB marketplace because I don’t have an account, I checked Craigslist, and the dealers near me can’t seem to make a loan work with $1000 down on vehicles listed at $15k. Found one car selling for under 10k, but it has 95k miles and everything online seems to say it has a 135k mile average lifespan. So when you don’t know how the people before you drove it, and it’s got a 3rd party exhaust on it, I have to assume my extremely (55-60 mile) drive to work will leave me stranded on the side of the road by the end of the year still owing money on it unless I scrape the barrel everywhere in my budget and somehow sell it for nickles in 6 months trying to trade it in for something half way better. Maybe I can get arrested when I become homeless and die in jail instead of on the street.
Go to credit unions around you and apply for a loan yourself. You shouldn’t ever rely on dealerships to find financing for you. Interest rates are awful right now but with your commute you need something reliable and fuel efficient (like a Camry or Corolla).
The last time I was looking (~6 years ago), banks were unwilling to offer and very judgmental about my request for a loan on a used car. They said loans were for new cars and the bank isn’t a replacement for a little financial know-how. I only went to two banks and one credit union, because I got tired of being condescended to, but the dealership said that they hadn’t heard of used car loans from a bank before (could be a lie).
That was absolutely a lie from the dealership. You can apply online at most places now to save yourself some time. Many places even list their loan rates broken down by the type of loan (48 month new car, 60 month new car, 60 month used car, etc) so that you can compare rates without even filling out a loan application.
You might also check your credit score with Credit Karma, or your credit card company, or bank to see where you sit (these will be Vantage scores but should be close to the FICO scores used when applying for a loan) just for some more insight.
Shop around to see who has the lowest rates and then start applying. Once approved you can then walk into the dealership to actually buy a car and even used your pre-approved loan to negotiate a better rate with the dealer since they get kickbacks from banks. Also be sure to never negotiate based on the monthly payment, just the total price of the car because they can really screw you with interest rates and term lengths to make your monthly payment seem low while you end up spending more overall when negotiating based on monthly payment alone.
I absolutely have used a credit union loan to finance a used car. They had rules…less than ten years, 85000 miles or something, but definitely did the loan. At the time anything under 7000 was considered a personal loan and had a higher interest rate.
Good luck.
Yeah, I was hoping to finance a 2018 Subaru Crosstrek with 70k miles on it. Out the door was ~18. They shot that down pretty quick. I’ll figure out something, didn’t see any decent shape Toyotas around, small town
Nissans get a bad rap, but I haven’t been able to kill the three I’ve owned despite neglecting their maintenance.
Presently rocking a Versa here with 215k miles right now and it doesn’t want to quit. It just keeps going.
(Not a CVT though, not sure if that’s the difference)
It’s a huge difference
Yeah the CVTs they use are absolute trash
I once bought a 1990 Nissan Sentra for $700 in 2013, then sold it ten months later for $700. I had to pay for gasoline and oil, but that’s it. It was a totally functional car, it was just absolutely tiny and didn’t have airbags, so I didn’t really want to keep driving it.
Was it a manual 4 speed?
No passenger car Nissan should be touched, their CVT’s have been and continue to be unreliable dogshit.
It’s definitely worth driving an hour or two to a bigger city to buy a car there. What I’ve done with the last several vehicles I’ve bought was to stake out TrueCar.com, find the models I’m interested in, and then watch them over a month or two to see what is and isn’t a good selling price (crossreferenced with info from KBB.com).
Once I’ve found one that seems like a good deal, I then applied for loans online with local CU’s after comparing their rates. Once approved, I headed to the dealership to buy the car, though if you’re driving a great distance you may call ahead to make sure they have it. It might also be worthwhile to find 2 or 3 other vehicles that are good deals so that you have a backup if the first doesn’t pan out.
Why are you looking at dealers? Plenty of Camrys and Accords out there. They will do 400k miles easy. Ask private seller if they’re willing to do a inspection, find a mechanic that’ll do one for you and then meet at their shop.
The right people I hope.
Nothing like a rich guy who has never known struggle to tell everyone else they need to struggle because he’s a moron
This speaks to a broader issue -
whenever there is an economic crisis, whether manufactured by trump or created in other ways, its never the rich that have to sacrifice its only the middle and lower classes. And when the wealthy are ever asked to sacrifice in the form of higher taxes they get pissed off and call everyone else a “taker” of their money.
I genuinely believe that most people understand this but our collective voices have been muted, manipulated and managed by some in positions of power.
American kids might “have two dolls instead of 30 dolls,”
Operating on the assumption that most households aren’t buying their kids 30 dolls (and those that do are probably going to be under the least economic pressure to cut spending), if American households actually cut spending on their kids by a proportional 93% of whatever they were going to spend, I expect that midterms are going to be interesting.
The wife and I have cut about that much of our spending, not including rent and bills. Major ports are already showing a 30 percent drop on imports. And not to mention that most of our farmland is either corn or soy. Pretty sure the majority of corn is used for ethanol and soy is exported. Other countries won’t buy our exports and we won’t by our own products. I’ve worked in manufacturing, American made is as bad as the “cheap” Chinese shit we complain about, only significantly higher priced.
Farmers are already in crisis and Temu fans just learned what a tariff is and they don’t like it
Fuck this shit.
Nobody cares about how many dolls kids are getting.
I don’t think most kids get 30, but is he already talking about how Christmas is going to be? Tomorrow is May 1st. That is 7 months away.
I think what he‘s trying to say is that everything will be 15 times as expensive so it‘s not that-… oh my gosh…
Buy presents right now. I’m serious.
Doesn’t work great for young kids, their interests and abilities change a lot in over half a year. Especially with a new school year which doesn’t start til August/September.
