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General discussion

Trade war

Sep 1, 2019 11:40AM PDT

DJT sure made a lot of noise about winning but now the issue seems to have gone dead.

Anyone hear anything about what's going on?

Discussion is locked

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RE:seems to have gone dead.
Sep 1, 2019 12:48PM PDT

Because, The rubber hits the road/the tariffs hit the consumer?

Trump's 15% tariffs on $112B in Chinese goods take effect

The Trump administration's latest round of tariffs on Chinese imports have taken effect, potentially raising prices Americans pay for some clothes, shoes, sporting goods and other consumer goods in advance of the holiday shopping season.The 15 per cent taxes apply to about $112 billion US of Chinese imports.

All told, more than two-thirds of the consumer goods the United States imports from China NOW FACE HIGHER TAXES. The administration had largely avoided hitting consumer items in its earlier rounds of tariff hikes.

After Sunday's tariff hike, 87 per cent of textiles and clothing from China and 52 per cent of shoes will be subject to import taxes.

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DJT should use care
Sep 1, 2019 3:39PM PDT

There is an election coming
Xi does not have to worry about an election.

DJT may be expecting the fed to bail him out.
That may not happen..

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good, now they buy American instead
Sep 1, 2019 5:19PM PDT

Keeping the money in our own economy, helping our workers and businesses.

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RE: now they buy American instead
Sep 1, 2019 7:00PM PDT

NOW?

Was something preventing Americans from purchasing American products previously?

The price?

No factories?

No market/customers?

I'm not American but I've never heard of these American brands...I did check some of the brands....$525 for slippers is out of my price range...how bout you?

You actually believe that an American factory can/WILL produce a similar product, to China for the same price OR cheaper AND sell ONLY to the American market?

Americans might buy American....if The Price Is Right..that's a good name for a tv show.

What incentive will America give to the rest of the world to buy American? Cheaper prices?...Better quality without higher prices?...In your dreams.....What's to prevent other countries from putting tariffs on American products OR buying from China WITHOUT tariffs?

.

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Good points.
Sep 1, 2019 7:20PM PDT

Is that why they call you Sweet Old Bob- or sometimes just the initials?
Grin

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so predictable
Sep 2, 2019 1:12AM PDT

Of course you look for the most expensive items you can find, ignoring others, in some mistaken belief it "proves" a point. I'm not going to look all them up for you, but a couple come to me right off, such as LL Bean and Blair. In fact LL Bean is just across the border from you in Maine.

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RE:such as LL Bean and Blair.
Sep 2, 2019 4:27AM PDT

I see flannel shirts and work boots are popular items with LL Bean.

OK...I googled LL Bean...They offer "Free shipping with $50 CAD order"

FREE SHIPPING TO Canada?

Sounds like they are looking for customers from afar. Given that

Shipping Information help

The shipping and handling charge depends on the destination and the value of your order. Please refer to our shipping chart. A shipping and handling charge equal to 2.5% of the gross merchandise total will be added to orders over $500. Our minimum shipping and handling charge is $4.95..


$4.95 for a $25US order
$25.01 - $50.00 $6.95
$50.01 - $100.00 $7.95
$100.01 - $500.00 $9.95

So Americans pay a minimum of $4.95 and Canadians pay nothing, with a $50 CAD order....$50CAD=approx $35US

I have to wonder what affect a tariff on American goods purchased by Canadians would have on American sales.....Given that LL Bean is willing to eat the shipping charges to get customers from outside of the US.

Something else an American company is "willing to eat" in order to make a sale?

All-American Brands That Are Actually Made In China and Other Countries

L.L.Bean
Retail company L.L.Bean flaunts itself as one of the few American brands that still operates a U.S. manufacturing facility. Although that’s true, many of the company’s products are manufactured in China, a fact that made headlines in 2017 after Trump encouraged people to buy its wares.

If you’re interested in buying L.L.Bean items that are “Made in the USA,” the signature L.L.Bean Boots and canvas Boat and Tote bags are manufactured in Maine, according to the company website.

Ya'll got a Canvas boat?

Seen some guy on the boob tube. He had a "screen door and Flex-Seal boat....i don't think he bought it at LL Bean.

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CAD also means "cash against documents"
Sep 2, 2019 7:05AM PDT

in the financial world. On Ebay CAD means 'CAnadian Dollars'

Perhaps the USMCA Treaty addresses this issue?

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RE:On Ebay CAD means 'CAnadian Dollars
Sep 2, 2019 7:26AM PDT

GREAT!!!

$ 50 CAD order....$ 50CAD=approx $ 35US


That's what the $ means also,.....You're "on the ball" this morning TONI

Did you find any association with the subject of shipping costs and Computer Aided Drafting?

Snidely Whiplash was also CAD....NOT a CAnadian Dollar

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(NT) 50 : 35 is a much bigger spread than I recall.
Sep 2, 2019 7:33AM PDT
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I’ve paid more than 1.35 CAD for 1.00 US
Sep 2, 2019 8:37AM PDT

.

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Convert:
Sep 2, 2019 11:50AM PDT

50x2=100; 35x2=70; 1Shocked.70; 30¢ gap.
So, it is more. I'm surprised, that's all. Your Frenchie guy been taking lessons from The Orange Man? Happy
I recall getting a premium of maybe a couple cents on a USD across the river. S. of Detroit that is.
Of course that was in Mr Diefenbaker's day.

Did any of youse look up the preferred label for the Canadian dollar? I'm thinking that CAD is an unfortunate choice because of the ambiguation, as Wikipedia puts it, but maybe we're all stuck with it. Maybe try $CA? CA$?
How many Big Macs, The Economist would ask.
That's OK though. SE needs more causes for disruption. Happy

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(NT) I won't even try to edit that one.
Sep 2, 2019 11:51AM PDT
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I worked in Maine for a few months, years ago
Sep 2, 2019 12:33PM PDT

Paid in US funds, I loved the exchange rate.....

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RE:Maybe try $CA? CA$?
Sep 2, 2019 12:47PM PDT

How bout CDN?

$50 CDN

The "$" sign indicates it is money, the "50" indicates the amount and "CDN" indicates the country/nationality.

CanaDiaN

Post was last edited on September 2, 2019 12:55 PM PDT

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I believe CDN is already OK.
Sep 2, 2019 1:05PM PDT

I would go with $CDN then.

I doubt anyone will ask us. Happy

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RE:I doubt anyone will ask us.
Sep 2, 2019 1:22PM PDT

i'll take the initiative and notify LL Bean of our suggestion.

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While you were busy being snide
Sep 2, 2019 9:37AM PDT

as usual you didn't bother to comment on the possibility that the USMCA Treaty, which Dems refuse to vote on might be addressing that issue. Many things with you are so predictable, JP....including your desire to be as nasty as you think you can be when it isn't necessary. Do you ever wonder why it's so easy to dismiss you? Didn't think so.

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So predictable is now an insult of choice
Sep 2, 2019 11:53AM PDT

for your opponents?
Grin
I still prefer heretic.

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RE: didn't bother tocomment on the possibility
Sep 2, 2019 11:58AM PDT
didn't bother to comment on the possibility that the USMCA Treaty,

Possibility?

USMCA Treaty?

Got a link to that possibility? Will it mention anything about the meaning of CAD? OR the exchange rate of the Canadian Dollar?

Your "Title" focused on "CAD also means "cash against documents"....I focused on the title of your post.

Were you suggesting my use of $50 CAD COULD also mean "cash against documents"?

Post was last edited on September 2, 2019 12:00 PM PDT

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Cheap foreign goods...
Sep 2, 2019 5:20AM PDT

...and I recall a time when one of our major party's mantras was that we shouldn't be buying the stuff because the workers were ill treated and underpaid. If my memory serves me correctly, the mantra was a product of union labor organizations who were suffering job losses when Americans discovered they didn't need to pay $40 for an $8 shirt.

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Relatively poor working conditions in Asia
Sep 2, 2019 7:38AM PDT

are well documented. Yet the emigration from countryside to cities continues, for 'higher wages'.
Speaking of unions, there are none. They take what they can get.

Post was last edited on September 2, 2019 7:38 AM PDT

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Tariffs
Sep 2, 2019 6:05AM PDT

If the consumer sees these tariffs hitting them in the wallet it might not play well in 2020.

There is a small difference between boots bought at Beans and those bought in China both in quality and price.

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We live in a 'throw away' society
Sep 2, 2019 7:15AM PDT

where long term quality doesn't matter anymore because quality doesn't exist in the cheap boots that can be tossed and replaced. I've had shoes that with resoling at a local shoe repair shop would last longer than the style/fad did and eventually come back into fashion and be worn again without having to buy new. Give me quality over crap any day.

I remember a story from years ago that the auto industry already had the technology to make a car that would last one's entire lifetime....but if you only bought one car for $40K compared to another cheaper one for $10K that fell apart/rusted up/etc in five years, they couldn't make any profit by selling you another one in five years but now it was costing you $20K and keep repeating that every five years. It's not that the materials cost so much more, it was the labor unions negotiating the prices because of their built in labor costs (even when many of those union jobs were falling away due to automation). Today, people are paying as much for a vehicle as they can to buy a whole house (my sister just did that two years ago)...…..it's ridiculously out of whack.

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Some are hoping Presidents
Sep 2, 2019 11:55AM PDT

wear out in four years.
Grin

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Most seem to just
Sep 2, 2019 1:18PM PDT

wear out their welcome sooner than later.....and others we wish we could keep around a while longer. FDR wore out his welcome....thus the law stopping it from happening again.

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House = car is true only in certain areas.
Sep 2, 2019 12:00PM PDT

Rurals, mainly I think. If you can survive without a city- you say you can, I believe- then a $40,000 house is quite the deal. In MN a solid house can be had for under $10,000. Leaves plenty in the kitty for insulation wrap.
In CA, rather ordinary houses go for mid-six figures easily. Location^3.

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House vs car
Sep 2, 2019 1:14PM PDT

Four years ago my younger sister bought a truck for a third of what he house is worth on the market. I purchased a truck two weeks ago that cost about the same one third of my house value. She financed...I paid cash so hers will cost much more in the end. My older sister paid $20K cash for her house via inheritance (just as my younger sister and I did) as she had been renting for most of her life and now is secure and it's in a big city. I paid $45K for 23 acres and my house 30 years ago and had a brand new truck that cost $7000 at the time and live in the boondocks. Younger sister lives in a suburb with city benefits all around her. Derek's truck ten years ago (brand new) was $48K vs his home valued at $219K in northern Virginia near DC.

There is NO justification for vehicles to cost so much vs a house. Older sister preferred having a permanent roof over her head and stability vs a vehicle. I think she was the smartest of all three of us....but two of us already had homes.

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RE:There is NO justification for vehicles to cost so much vs
Sep 2, 2019 1:33PM PDT
There is NO justification for vehicles to cost so much vs a house.

Have you ever heard the term?

Comparing apples to oranges.

PS...Unless the "vehicle" is a "motor home".

Post was last edited on September 2, 2019 1:35 PM PDT

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Used to be the cheapest vehicle...
Sep 2, 2019 3:03PM PDT

...years ago was a work value pickup truck with a bench seat. You can't even get a true bench seat anymore in one. The prices now for such are ridiculous. We still keep an old '77 dodge P/U around for those odd tasks where we need one. It's last use was hauling a 6x10 trailer to Florida and then back. Gas on a 400ci engine was expensive, but still cheaper than a new P/U with less pulling power. Oh, it also has a real bench seat, which I prefer, and no wide center console sticking out, to cramp the middle area up. Plenty of leg room. I wish they still made some newer ones like that.