business

U.S. factory output shrinks for 1st time in 3 years amid trade war

17 Comments
By BANI SAPRA and CHRISTOPHER RUGABER

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17 Comments
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It seems to me everyone knew this happens sooner or later, except Trump.

7 ( +10 / -3 )

Tired of winning yet?

5 ( +7 / -2 )

The ill conceived and mindless trade warmongering by the current occupant of the White House, sooner rather than later, will show its consequences.

4 ( +6 / -2 )

The ill conceived and mindless trade warmongering by the current occupant of the White House, sooner rather than later, will show its consequences.

Fine. So what would you do do?

Invalid CSRF

-2 ( +2 / -4 )

Fine. So what would you do do?

Elect a president who actually knows what a tariff is.

8 ( +10 / -2 )

I'm curious about trade wars. Now, the word on the street is that they are easy to win. And you know I LOVE to believe the word on the street. But, if the word on the street is correct, and trade wars actually are "easy to win", then why hasn't America won the trade war with China? It's easy right? If it's easy, it means that Trump is choosing not to win. Can someone tell me why Trump would choose to not win the trade war? Or is he actually not choosing to not win, and trade wars aren't as easy to win as the word on the street would have one believe?

2 ( +3 / -1 )

"I'm a very smart person!"

"Trade wars are easy to win!"

What he doesn't realize is that he is not just hurting China, which he shouldn't be doing anyway, but he is also hurting the U.S.. Such a dummy.

Less than one year and five months to go.

2 ( +4 / -2 )

Look up the numbers. China is giving better export deals (export TO China) to the EU and South America and raising barriers (again export TO China) for the USA.

-1 ( +1 / -2 )

It is time america change their president.

2 ( +4 / -2 )

The U.S.-China trade war and slower global growth are weighing on the U.S. economy, reducing factory output in August for the first time in three years.

BINGO! Welcome to the Trump Slump - brought to you by the author of "The Art of the Bankruptcy, or How to Lose $1 Billion"....Donald "I'm a Loser" Trump.....

0 ( +2 / -2 )

Hmmmmm....  Everything now seems to be "amid trade war".  How would trade war affect US factories, who export next to nothing to China.  Although it may be a contributory factor to the slower global growth referred to in the article.

As for easy to win, depends how high your pain threshold is.

0 ( +0 / -0 )

I'm curious about trade wars. Now, the word on the street is that they are easy to win. And you know I LOVE to believe the word on the street. But, if the word on the street is correct, and trade wars actually are "easy to win", then why hasn't America won the trade war with China? It's easy right? If it's easy, it means that Trump is choosing not to win. Can someone tell me why Trump would choose to not win the trade war? Or is he actually not choosing to not win, and trade wars aren't as easy to win as the word on the street would have one believe?

Mueller? Mueller?

1 ( +1 / -0 )

The pattern for the past fifty years has been for Republican administrations to pump a lot of hot air into the economy, giving the appearance of a Potemkin village of economic activity. Then reality sets in, as actual economic factors and poor policies take over, we get a recession, and a Democrat is elected to clean up the mess. After some time, a complacent and ignorant voting public elects a Republican, and the cycle starts over again.

0 ( +1 / -1 )

That's the lowest reading issued since January 2016.

Um, when Obama was in the White House. So people are upset because conditions have just recently become as bad as they were before Trump became president. Oh, but it seems they aren't:

"But so far manufacturers aren't cutting back as much as they did then. Factory hiring is holding up better, so far. Back in May 2016, factories actually shed jobs over the preceding 12 months. But as of July, manufacturers had added more than 150,000 jobs in the previous year, though those gains are slowing."

People have short memories.

0 ( +1 / -1 )

it,s a shot in the foot Mr. Trump you have to admit it. and as always, the working class is the one to pay for it.

0 ( +0 / -0 )

Its not so good in China either...

1 ( +1 / -0 )

Its not so good in China either...

It doesn't seem so good anywhere. Are we too quick to point to political causes when perhaps we just don't want to buy the same old junk all over again?

0 ( +0 / -0 )

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