GM says new wave of tariffs could force US job cuts

[McRocket]

''General Motors warned Friday that another wave of tariffs being considered by the Trump administration could force the company to scale back its business and cost American jobs.

In comments submitted to the Commerce Department, the automaker said that the tariffs, if approved, could drive individual vehicle prices up thousands of dollars, stifling demand. Such costs would need to be borne either by consumers or the company'

GM says new wave of tariffs could force US job cuts

Trade wars hurt everyone but the rich.

 

[Weatherman2020]

Government Motors is run by billionaires, Dufus.

 

[Fort Fun Indiana]

Government Motors is run by billionaires, Dufus.

That's not an appropriate response, dummy. Those people running GMC will not be harmed, those who work in the factories subject to layoffs will.

 

[JakeStarkey]

Government Motors is run by billionaires, Dufus.

Which does not invalidate that they will cut jobs if there is another wave of tariffs.

 

[McRocket]

Government Motors is run by billionaires, Dufus.

Wow...you know NOTHING about a trade war obviously.

School is in dumb ass:

When a trade war happens, domestic manufacturers gain a monopoly as all foreign competition is removed. This allows the former (that means the first one - idiot) to raise the price on whatever they sell without fear of losing market share. This makes their profits rise. It also makes their stock price/dividends rise. And it's the billionaire's who own the stock who make the money.
Meanwhile - everyone else has to pay a LOT more for everything they buy.
SOOO....the middle class/poor get poorer and the rich get richer.

School is out.

Got it now - macroeconomic moron?
Obviously not as this is WAY out of your intellectual/educational league.


We are done here...bu bye now.

 

[Tax Man]

When people have no job they can not buy anything, so raise the price all you want no one will be buying.

 

[Weatherman2020]

Government Motors is run by billionaires, Dufus.

Which does not invalidate that they will cut jobs if there is another wave of tariffs.

You lefties better start buying their POS cars then.

 

[Picaro]

GM is not an American company. Don't care if they like tariffs or not, an mire than I care whether Mexico likes them or not.

They like Red China just fine, loves them some Commies, so they sholdn't have a problem if the U.S. takes the very same approach Red China takes toward businesses who want to sell in the U.S. markets, right? Right!

 

[Picaro]

Government Motors is run by billionaires, Dufus.

Wow...you know NOTHING about a trade war obviously.

School is in dumb ass:

When a trade war happens, domestic manufacturers gain a monopoly as all foreign competition is removed. This allows the former (that means the first one - idiot) to raise the price on whatever they sell without fear of losing market share. This makes their profits rise. It also makes their stock price/dividends rise. And it's the billionaire's who own the stock who make the money.
Meanwhile - everyone else has to pay a LOT more for everything they buy.
SOOO....the middle class/poor get poorer and the rich get richer.

School is out.

Got it now - macroeconomic moron?
Obviously not as this is WAY out of your intellectual/educational league.


We are done here...bu bye now.

Really??? So, you're saying the coolies in Red China are paying a lot more than we are for stuff?

lol lol lol what a dumbass. Go smoke some meth, moron.

 

[JakeStarkey]

Heavens help us. It's a shame S W believes the crap, and we know the simple like Picaro will.

Prices are already going up, manufacturing continues to flee the country for a signficant negative job loss in that industry, and job losses are coming country wide.

 

[pismoe]

as the TRUMP would say --- we'll see what happens Sur !!

 

[Picaro]

Heavens help us. It's a shame S W believes the crap, and we know the simple like Picaro will.

Prices are already going up, manufacturing continues to flee the country for a signficant negative job loss in that industry, and job losses are coming country wide.

lol no, prices aren't going up because of tariffs, dummy; oil prices are rising, so that pushes them up. As for tariffs, everybody and their mother are running 40% off sales all over the place, so do tell us where all this horrible inflation is, dummy.

We'll wait for the laughs.

 

[Picaro]

Heavens help us. It's a shame S W believes the crap, and we know the simple like Picaro will.

Prices are already going up, manufacturing continues to flee the country for a signficant negative job loss in that industry, and job losses are coming country wide.

lol yeah cuz no jobs left under the NAFTA and 'free trade' scams. And we don't care if a few million criminal illegal aliens get laid off and go back home, only Democrats care about that,; that's because they're racists and traitors.

 

[JakeStarkey]

Picaro insists its oil prices pushing up prices but simply can't give any evidence it is so.

Typical.

Whereas, above, we have had evidence that does say it was the tariffs. Of course, they had not talked to Picaro.

 

[JakeStarkey]

Real America simply does not believe the Alt Right inspired-by-Russia traitors.

 

[harmonica]

good--they make too much as it is and charge too much for their crappy cars

 

[Picaro]

Picaro insists its oil prices pushing up prices but simply can't give any evidence it is so.

Typical.

Whereas, above, we have had evidence that does say it was the tariffs. Of course, they had not talked to Picaro.

Jake: Dumber than dirt, as usual. No evidence tariffs have done anything but generate fake news from Democrats and Commies. Cars appliances, electronics, lawn mowers, they're all on sale at big discounts. Jake can't find that stuff, so let's all pretend he has something here. lol NOT!

 

[JakeStarkey]

Picaro insists its oil prices pushing up prices but simply can't give any evidence it is so.

Typical.

Whereas, above, we have had evidence that does say it was the tariffs. Of course, they had not talked to Picaro.

Jake: Dumber than dirt, as usual. No evidence tariffs have done anything but generate fake news from Democrats and Commies. Cars appliances, electronics, lawn mowers, they're all on sale at big discounts. Jake can't find that stuff, so let's all pretend he has something here. lol NOT!

Under your skin again.

Evidence was given above. You gave your opinion, nothing more.

You can't carry an argument, never have been able to do that.

The OP gave evidence. You said "no" and gave no evidence. I have pointed that out, and your pouting and spouting, Picaro.

 

[miketx]

''General Motors warned Friday that another wave of tariffs being considered by the Trump administration could force the company to scale back its business and cost American jobs.

In comments submitted to the Commerce Department, the automaker said that the tariffs, if approved, could drive individual vehicle prices up thousands of dollars, stifling demand. Such costs would need to be borne either by consumers or the company'

GM says new wave of tariffs could force US job cuts

Trade wars hurt everyone but the rich.

GM also says their vehicles are better than any others.

 

[saveliberty]

Ford, GM and the rest make the most off of trucks and SUVs. Both use more steel and aluminum, so I doubt they would cut their biggest profit makers to prove a point.