Trump's Tariffs Have Led to Layoffs at U.S. Manufacturers - GoFuckYourself.com

Bladewire · 07-06-2018, 01:54 PM

"Industry coalitions have warned that tariff increases will cause job losses in the future. The Solar Energy Industries Association estimated that new tariffs imposed by the Trump administration will lead to the loss of 23,000 jobs in the U.S. solar sector. BMW and General Motors each sent letters to the Commerce Department warning that new tariffs could lead to higher car prices and job cuts at production plants. Volvo had promised to hire 4,000 new employees for a new plant in South Carolina, but has said it may have to break this promise as a result of new tariffs."

Trump's Tariffs Have Led to Layoffs at U.S. Manufacturers

Despite his promising to be “the greatest jobs producer that God ever created” after winning the presidency, Trump’s recent slew of overseas tariffs has led to an increasing number of job losses at home.

REC Silicon, which produces polysilicon for solar equipment, laid off 100 employees Monday as a “direct result of the ongoing solar trade dispute between China and the United States,” said company officials. The manufacturer has been closed off to the Chinese market since 2014, affecting overall sales. The Washington state-based company has reduced production to about a quarter of capacity due to these trade disputes.

America’s largest nail manufacturer, Mid-Continent Nail, became the first company to lay off employees as a result of Trump’s tariffs in mid-June. The Missouri-based company made its nails with steel imported from Mexico, but Trump’s 25% tax on steel dealt a blow to production. Sixty employees lost their jobs, and the whole company—which employs 500—could be out of business by Labor Day, said the Washington Post.

Industry coalitions have warned that tariff increases will cause job losses in the future. The Solar Energy Industries Association estimated that new tariffs imposed by the Trump administration will lead to the loss of 23,000 jobs in the U.S. solar sector. BMW and General Motors each sent letters to the Commerce Department warning that new tariffs could lead to higher car prices and job cuts at production plants. Volvo had promised to hire 4,000 new employees for a new plant in South Carolina, but has said it may have to break this promise as a result of new tariffs.

Harley-Davidson announced it would be moving some of its U.S. production elsewhere after retaliatory tariffs from the European Union raised U.S. motorcycle tariffs from 6% to 31%, adding nearly $2,200 to the average cost of one of its bikes. The company has not said how many jobs will be affected by this move.

U.S. Steel and Century Aluminum have announced it will hire new workers as a result of Trump’s tariffs, creating a combined 800 jobs, but this number is dwarfed by the number that could be lost in the coming months.

While the White House has argued that these tariffs will bring jobs back to the U.S., the U.S. Chamber of Commerce argues in a new campaign that 2.6 million American jobs could be lost as a result of “recent and proposed trade actions by the Trump administration.”

Bladewire · 07-06-2018, 02:14 PM

NickBaer · 07-06-2018, 04:05 PM

America First. That's what he promised, and that's what workers voted for.

And now, they're losing their jobs.

We told them so...

huey · 07-06-2018, 04:41 PM

You must break a few eggs to make an omelet

Bladewire · 07-06-2018, 05:27 PM

Quote:

Originally Posted by huey

You must break a few eggs to make an omelet

Trump is breaking the eggs and saying it's their fault.

directfiesta · 07-06-2018, 05:50 PM

Quote:

Originally Posted by huey

You must break a few eggs to make an omelet

Sure ... but Trump is killing the chicken

directfiesta · 07-06-2018, 06:00 PM

Italy says won't buy more F-35 fighter jets, may cut existing order

Bladewire · 07-06-2018, 07:16 PM

Quote:

Originally Posted by directfiesta

Italy says won't buy more F-35 fighter jets, may cut existing order

#ThanksTrump

Busty2 · 07-07-2018, 05:37 AM

And now it begins !

thommy · 07-07-2018, 05:54 AM

Quote:

Originally Posted by Busty2

And now it begins !

the one-month chart from boeing looks also like a lot of holidays for boeing workers.
also look at caterpillar, 3 M, IBM, Travellers, Dow DuPont.... etc etc...

crockett · 07-07-2018, 11:03 AM

Quote:

Originally Posted by huey

You must break a few eggs to make an omelet

I bet it's totally different when it's your eggs..

07-06-2018, 01:54 PM	#1
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	Trump's Tariffs Have Led to Layoffs at U.S. Manufacturers "Industry coalitions have warned that tariff increases will cause job losses in the future. The Solar Energy Industries Association estimated that new tariffs imposed by the Trump administration will lead to the loss of 23,000 jobs in the U.S. solar sector. BMW and General Motors each sent letters to the Commerce Department warning that new tariffs could lead to higher car prices and job cuts at production plants. Volvo had promised to hire 4,000 new employees for a new plant in South Carolina, but has said it may have to break this promise as a result of new tariffs." Trump's Tariffs Have Led to Layoffs at U.S. Manufacturers Despite his promising to be “the greatest jobs producer that God ever created” after winning the presidency, Trump’s recent slew of overseas tariffs has led to an increasing number of job losses at home. REC Silicon, which produces polysilicon for solar equipment, laid off 100 employees Monday as a “direct result of the ongoing solar trade dispute between China and the United States,” said company officials. The manufacturer has been closed off to the Chinese market since 2014, affecting overall sales. The Washington state-based company has reduced production to about a quarter of capacity due to these trade disputes. America’s largest nail manufacturer, Mid-Continent Nail, became the first company to lay off employees as a result of Trump’s tariffs in mid-June. The Missouri-based company made its nails with steel imported from Mexico, but Trump’s 25% tax on steel dealt a blow to production. Sixty employees lost their jobs, and the whole company—which employs 500—could be out of business by Labor Day, said the Washington Post. Industry coalitions have warned that tariff increases will cause job losses in the future. The Solar Energy Industries Association estimated that new tariffs imposed by the Trump administration will lead to the loss of 23,000 jobs in the U.S. solar sector. BMW and General Motors each sent letters to the Commerce Department warning that new tariffs could lead to higher car prices and job cuts at production plants. Volvo had promised to hire 4,000 new employees for a new plant in South Carolina, but has said it may have to break this promise as a result of new tariffs. Harley-Davidson announced it would be moving some of its U.S. production elsewhere after retaliatory tariffs from the European Union raised U.S. motorcycle tariffs from 6% to 31%, adding nearly $2,200 to the average cost of one of its bikes. The company has not said how many jobs will be affected by this move. U.S. Steel and Century Aluminum have announced it will hire new workers as a result of Trump’s tariffs, creating a combined 800 jobs, but this number is dwarfed by the number that could be lost in the coming months. While the White House has argued that these tariffs will bring jobs back to the U.S., the U.S. Chamber of Commerce argues in a new campaign that 2.6 million American jobs could be lost as a result of “recent and proposed trade actions by the Trump administration.”

07-06-2018, 02:14 PM	#2
Bladewire StraightBro Industry Role: Join Date: Aug 2003 Location: Monarch Beach, CA USA Posts: 56,232	__________________ Skype: CallTomNow

07-06-2018, 04:05 PM	#3
NickBaer Nick Baer Industry Role: Join Date: Jun 2005 Location: In Europe. Using high speed Internet to update my studios. Posts: 1,353	America First. That's what he promised, and that's what workers voted for. And now, they're losing their jobs. We told them so... __________________ Made my first porno in 1986. Sold my first VHS in 1993. Did my first live Cam in 1994. Coach-Karl.com NickBaerGallery.com I host with MojoHost.com and To Buy or Sell Sites Imagine AI Content

07-06-2018, 04:41 PM	#4
huey Confirmed User Join Date: Apr 2003 Location: vancouver Posts: 3,649	You must break a few eggs to make an omelet __________________ opinions are like assholes................. "They aren't after me, they are AFTER YOU! Im just in their way" -D.J. Trump

07-06-2018, 06:00 PM	#7
directfiesta Too lazy to set a custom title Industry Role: Join Date: Oct 2002 Location: Punta Cana, DR Posts: 29,585	Italy says won't buy more F-35 fighter jets, may cut existing order

07-07-2018, 05:37 AM	#9
Busty2 Member since 1999 Industry Role: Join Date: Dec 2007 Location: Off the Amalfi coast Posts: 7,202	And now it begins !