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  1. #3001
    LMAO koriwhat's Avatar
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    I believe I'm the poster who most recently pointed out that China didn't steal our jobs; rich people sent them there to make a little more money.
    How'd those rich people get richer and why were they so adamant in selling out the usa? Commie-lite bas s teaming up wonder why there's so much bs Marxist crap being taught in "higher ed"? Yep.

  2. #3002
    LMAO koriwhat's Avatar
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    (lol banging on about trannies, who the are you talking about?)

    It's easy... look up who the libertarian party elected as their candidate. Such hard research...

  3. #3003
    dangerous floater Winehole23's Avatar
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    How'd those rich people get richer and why were they so adamant in selling out the usa? Commie-lite bas s teaming up wonder why there's so much bs Marxist crap being taught in "higher ed"? Yep.
    Walmart?

  4. #3004
    Alleged Michigander ChumpDumper's Avatar
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    What do these people think Marxism is?

  5. #3005
    dangerous floater Winehole23's Avatar
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    "The reality is, as the president has always maintained, the Chinese producers will be absorbing the cost of these tariffs."

  6. #3006
    right about pizzagate Blake's Avatar
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    And if the Chinese don't absorb it, then Walmart needs to!

  7. #3007
    LMAO koriwhat's Avatar
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    Bro you've come across like that adam dude does with the "I don't know what you're talking about" bs. You think I believe that line of ? No one buys it.

    Adam ruins everything put on a great display of how to play dumb as a lefty on Tim Pool's podcast the Culture War the other day. Watch it and it'll be like looking into the mirror, a mirror of utter bull .

  8. #3008
    Alleged Michigander ChumpDumper's Avatar
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    I'm sure a lot of people wouldn't know what that insecure bald dude is saying half the time.

  9. #3009
    dangerous floater Winehole23's Avatar
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  10. #3010
    dangerous floater Winehole23's Avatar
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    Bro you've come across like that adam dude does with the "I don't know what you're talking about" bs. You think I believe that line of ? No one buys it.

    Adam ruins everything put on a great display of how to play dumb as a lefty on Tim Pool's podcast the Culture War the other day. Watch it and it'll be like looking into the mirror, a mirror of utter bull .
    nah, you're just incoherent

  11. #3011
    dangerous floater Winehole23's Avatar
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    "retaliatory foreign tax"



  12. #3012
    Veteran velik_m's Avatar
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    Chinese exporters are offering sweet deals to U.S. businesses. They often come wrapped in fraud

    ...

    Chinese exporters, often through freight forwarders — companies that handle the logistics of shipping merchandise — understate the value of goods or mislabel them, often both, in the shipping do ents to draw lesser duties.

    Shipments are then routed through s companies, registered under names of foreign en ies or individuals, that act as “importers of record,” which the U.S. government deems responsible for the accuracy of customs filings and all applicable duties.

    Importers are required to secure a minimum $50,000 customs bond from U.S. surety providers as a guarantee to the government that they will pay tariffs. When they fail to settle the tariffs on time, the bond covers the duties. Once the bond has been utilized, often these s companies default and cease operations, only to quickly set up a new en y — and the cycle repeats.

    “Often these companies don’t bother to file bankruptcy. They simply turn off the phone, close email accounts, and choose whatever mailing address they have [to open a new firm],” said David Forgue, partner at Chicago-based law firm Barnes, Richardson & Colburn, making it difficult for the surety to chase them for tariff reimbursement.

    This tactic is not new. “The incentive to underreport always exists while tariffs are in place,″ said Joseph Briggs, managing director at Goldman Sachs. Now, it has gained greater momentum, as businesses scramble to sidestep the new levies imposed by U.S. President Donald Trump in his second term.

    ...

    Trump’s tariff policy is a giant stress test for U.S. Customs and Border Protection, or CBP — the government body tasked with collecting tariffs and policing imports.

    “There’s a massive volume of trade coming in from China and other countries ... there just simply wouldn’t be enough resources to be able to to screen them all,” said Alex Capri, a former U.S. customs officer in Los Angeles.

    As the CBP inspect only a fraction of incoming cargos, a “laser-focused” cargo selectivity system that sorts high-risk shipments and determine the type of examination required becomes increasingly crucial in curbing tariff evasion through under-invoicing and mislabeling, said Capri.

    Underscoring how enforcing tariffs could be tricky, Trump had to delay the repeal of duty-free imports of low-cost packages from China to put enforcement procedures and systems in place.

    In April, there was a 10-hour “glitch” in the customs system that prevented importers from inputting a code that would have exempted freight already on water from being subjected to higher duties.

    Illicit transshipment, where goods are routed through a third-country to conceal their Chinese origin, has also been used to dodge tariffs at the risk of fines and jail time.

    A Goldman Sachs’ report released in January estimated that the tariffs Trump imposed on China during his first term saw evasions worth $110 billion to $130 billion in 2023, with understating value and mislabeling each contributing $40 billion and rerouting accounting for $30 billion to $50 billion.

    In comparison, the total duty, taxes and fees collected by CBP in fiscal 2023 was $92.3 billion, according to government data.
    ...

    https://www.cnbc.com/2025/05/20/chin...-tariffs-.html

  13. #3013
    LMAO koriwhat's Avatar
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    nah, you're just incoherent
    Not at all Adam.

  14. #3014
    dangerous floater Winehole23's Avatar
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    who's Adam?

  15. #3015
    Veteran velik_m's Avatar
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    Truce or not, Chinese firms are looking for alternatives to the U.S.

    The intense trade war with the U.S. has left lasting scars on Chinese exporters with many looking to diversify away from the U.S., despite the temporary tariff reprieves, a private survey found.

    Based on a poll of 4,500 exporters across several major economies, trade insurer Allianz Trade found that 95% of Chinese exporters surveyed are planning on, if not already, doubling down on exporting to markets outside the U.S. for their goods.

    The U.S.-China “decoupling” remains a likely scenario over the medium term, the survey said, as Chinese exporters look to pivot away from the U.S. and American firms accelerate efforts to shift production out of China.

    An increasing number of firms surveyed are expecting a dent on export turnover this year due to the double-digit U.S. tariffs, the report said.

    Even after the temporary tariff reduction following Beijing-Washington’s deal in Switzerland earlier this month, the U.S. trade-weighted tariff rate on Chinese goods remained at 39%, well above the 13% rate applied before the second Trump administration, according to Allianz Trade estimates.

    ...
    https://www.cnbc.com/2025/05/20/chin...ade-truce.html

  16. #3016
    LMAO koriwhat's Avatar
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    Damn bro, your brain cells only work for copy&paste only and nothing else is seems.

  17. #3017
    dangerous floater Winehole23's Avatar
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    (if you can't say what you mean I can't either)

  18. #3018
    Veteran velik_m's Avatar
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    Wolfspeed prepares to file for bankruptcy within weeks, WSJ reports

    May 20 (Reuters) - Semiconductor supplier Wolfspeed (WOLF.N), opens new tab is preparing to file for bankruptcy within weeks, as it struggles to address its debt pile, the Wall Street Journal reported on Tuesday, citing sources familiar with the matter. Shares of the company fell over 57% in extended trading.

    Wolfspeed has been grappling with sluggish demand in industrial and automotive markets and tariff-induced uncertainty.
    The company is looking to file for Chapter 11 bankruptcy that would have the support of a majority of its creditors, after rejecting several out-of-court debt restructuring proposals from creditors, the report said.

    ...
    https://www.reuters.com/business/wol...ts-2025-05-20/

  19. #3019
    wrong about pizzagate TSA's Avatar
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    Why would anybody plan to move a manufacturing plant which will take years to become operation when tariffs policies are improvised on a day to day basis



  20. #3020
    right about pizzagate Blake's Avatar
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    Why is that question funny? It would be stupid to open a plant here just because of Trump's tariffs that waiver from week to week.

    If they say they're opening a plant here is because they were probably already planning on it or it's cost effective for them in the long run. Anything else is just lip service to Trump

  21. #3021
    Alleged Michigander ChumpDumper's Avatar
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    Wow, look at all the stuff they did during the time Trump wasn't in office.

  22. #3022
    dangerous floater Winehole23's Avatar
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    loss of confidence, no flight to safety in US equities

    The U.S. Treasury Department saw soft demand for a $16 billion sale of 20-year bonds on Wednesday with investors worried about the country's increasing debt burden as Congress wrangles with a tax and spending bill that is expected to worsen the fiscal outlook.

    The poorly received auction, which saw stocks and the dollar sell off while U.S. Treasury yields rose, shows intensified investor worries about the country's ballooning debt that could spur bond market vigilantes who want more fiscal restraint from Washington.
    https://www.reuters.com/business/tep...it-2025-05-21/

  23. #3023
    dangerous floater Winehole23's Avatar
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    Simons said while the auction was "far from a disaster," it showed there was not going to be a reversal in the sell-off at the long end of the yield curve anytime soon.

    George Cipolloni, portfolio manager at Penn Mutual Asset Management, said there were concerns regarding U.S. budget deficits.

    "(Long-term) yields of 5% with another auction not doing well is not a sign people are feeling good about the U.S. economy,” said Cipolloni, who said he was underweight bonds.

  24. #3024
    Veteran velik_m's Avatar
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  25. #3025
    right about pizzagate Blake's Avatar
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    Now they can all go get those desirable factory jobs that are coming to America

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