Trump the cause of layoffs: Steel tariffs cost automakers $1B

[Faun]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

Ya, it's Trump's fault no one wants to buy a piece of shit like the Chevy Volt.

It’s amazing how you people just pretend this isn’t a big deal.

What else can they do? They’re allergic to reality.

 

[toomuchtime_]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

So the solution is what? Allow China to continue to have trade advantages over us?

Mark

Well, we certainly won't be selling the Chevy Cruz to China now, huh.

Or anywhere since it will be discontinued.

 

[Dan Stubbs]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

Most of the voters knew that some of us were going to bite the bullet to give Trump the clout he needed to deal with China and other Nations so this is not a surprise, I am for one willing to take a "hit" to give him whatever he needs to deal with other Nations.

 

[80zephyr]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

So the solution is what? Allow China to continue to have trade advantages over us?

Mark

Trump touted himself as a negotiator. A deal maker.
Instead he turned out to be a hammer thinking everybody else is a nail.
Welcome to the new recession.
GM and Ford won't be the only layoffs.
.
.
.

You didn't answer my question. No one said it was gonna be easy. What would you have us do, continue to bend over?

Mark

 

[80zephyr]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

So the solution is what? Allow China to continue to have trade advantages over us?

Mark

Well, we certainly won't be selling the Chevy Cruz to China now, huh.

What would you have us do? Don't just bitch about Trump, give some realistic solutions.

Mark

 

[toomuchtime_]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

Most of the voters knew that some of us were going to bite the bullet to give Trump the clout he needed to deal with China and other Nations so this is not a surprise, I am for one willing to take a "hit" to give him whatever he needs to deal with other Nations.

How are we biting the bullet? Unemployment is extremely low and teh economy is growing at a high rate.

 

[WillowTree]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

Ya, it's Trump's fault no one wants to buy a piece of shit like the Chevy Volt.

It’s amazing how you people just pretend this isn’t a big deal.

Their pride won't allow them to admit they made a mistake voting for this six-time-bankruptcy con man.
.
.
.

Sew, ewe liked the big trade deficits?

The willow tree bot is stuck again.

And the spelling is fucked too.

Butt dew ewe like trade deficits?

 

[Staidhup]

Liberals are still of the mindset that negotiating out of weakness somehow works.

 

[12icer]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

Ya, it's Trump's fault no one wants to buy a piece of shit like the Chevy Volt.

It’s amazing how you people just pretend this isn’t a big deal.

Because it’s not. Tariffs didn’t take shit, Gm’s profit tells a different story. Their dividend payments are right on cyber same mark. The reason for the change is sales of models manufactured at the plants are slow. Retooling for new models is more expensive than increasing production at facilities already set up for them. Why don’t all you liberal shit dims buy a bunch of GM Cars instead of jap and Korean junk.

 

[WaitingFor2020]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

So the solution is what? Allow China to continue to have trade advantages over us?

Mark

Trump touted himself as a negotiator. A deal maker.
Instead he turned out to be a hammer thinking everybody else is a nail.
Welcome to the new recession.
GM and Ford won't be the only layoffs.
.
.
.

lol They are not laying people off because of the tariffs. They are laying people off because they are switching from making sedans to making SUV's and the plants they are closing are not relevant to this new focus.

Post a link to that as fact or STFU. Your opinion is worthless.
I posted two sources that verify the cost of steel for both GM and Ford has gone up $1B since the tariffs were implemented.
Grow up or go home.

.
.
.

 

[Muhammed]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

You should lay off the grape koolaid.

Ford refutes media claim that Trump tariffs caused layoffs

 

[WaitingFor2020]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

Ya, it's Trump's fault no one wants to buy a piece of shit like the Chevy Volt and Cruze.

Ya, it's mindless bullshit like this that got us Trump in the first place.
.
.
.

 

[WaitingFor2020]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

You should lay off the grape koolaid.

Ford refutes media claim that Trump tariffs caused layoffs

Read your own link, idiot:

""...... Ford has lost about $1 billion as a result of the international trade war, according to reports, and Morgan Stanley predicted Ford would have to lay off about 12 percent of its global workforce, which is 24,000 people. Ford’s stock was down 29 percent in atfernoon trading. <<<<And your fucking blogger can't even spell.
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[OKTexas]

Sit back and watch the Trumpanzees make excuses for the big orange idiot.
.
.
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Sew ewe liked the big trade deficits?

Fuck ewe, the economy is the "best in history" according to your orange goon.
Gary Cohn, ex-Goldman Sachs chief, quit his job as soon as your goon announced the trade wars.
Or have you forgotten that already?
He quit because he knew Trump's tariffs were going to be a disaster, you silly twit.
.
.
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Funny, GM said tariffs had nothing to do with their decision. They want to take the company back to bankruptcy by concentrating on electric and self driving cars.

.

 

[Dana7360]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

The bush boy put tariffs on steel too. A few short years later the car industry collapsed. Along with the rest of the economy.

 

[Staidhup]

So keep the flood of Chinese steel coming in and screw those that work in the steel and metal industry so GM and Ford can eek out a profit? In around about way is not this a form of corporate subsidy?

 

[Synthaholic]

Sit back and watch the Trumpanzees make excuses for the big orange idiot.
.
.
.

Sew ewe liked the big trade deficits?

How were they hurting us?

 

[Synthaholic]

 

[Darkwind]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

Care to comment?

DETROIT — General Motors will cut up to 14,000 workers in North America and put five plants up for possible closure as it abandons many of its car models and restructures to focus more on autonomous and electric vehicles, the automaker announced Monday.

GM to slash 14,700 jobs, may close factories in North America


It seems the real reason is that the autos they are making are not being bought and GM has decided to discontinue a few models and go into the 'alternative' fuels autos.

renewables, costing Americans jobs since 2010.

 

[Muhammed]

Hey, before you righties start throwing your crap on this thread, this report comes from Fox:

Ford CEO: Trump metals tariffs cost company $1B

GM has made the same claim.

Tried to tell you that Trump didn't know what the fuck he was doing when he started the tariff wars, but you wouldn't listen.
.
Marketwatch called it early:
GM and Ford would suffer a $1 billion profit hit if steel tariffs are enacted, says Goldman
"
Ford CEO Jim Hackett urged the Trump administration to resolve its trade disputes with China and Europe, noting that import tariffs have cost the Detroit-based company $1 billion profits.

“The metals tariffs took about $1 billion in profit from us – and the irony is we source most of that in the U.S. today anyways,” Hackett said in an interview with Bloomberg. “If it goes on longer, there will be more damage.”
.

You should lay off the grape koolaid.

Ford refutes media claim that Trump tariffs caused layoffs

Read your own link, idiot:

""...... Ford has lost about $1 billion as a result of the international trade war, according to reports, and Morgan Stanley predicted Ford would have to lay off about 12 percent of its global workforce, which is 24,000 people. Ford’s stock was down 29 percent in atfernoon trading. <<<<And your fucking blogger can't even spell.
.
.
.

Wow, you are a hard learner.

Ford's spokesperson directly refuted your thread title, fucking jackass party of slavery supporter.