Trump warns Davos on unfair trade; says U.S. 'open for business'

America first!*

Except at Trump resorts where foreign workers come first. Or Trump manufacturing where the Chinese come first. Or at Trump Tower where illegal construction workers come first. Or at home where his foreign wife worked illegally.

Other than that stuff, America first!

If anybody in the Trump family actually gave a flip about buying American, they would have the Trump brand crap they sell made in American factories instead of cheap, slave-labor factories in Asia. Liars and hypocrites.

If anybody in the Trump family actually gave a flip about buying American, they would have the Trump brand crap they sell made in American factories instead of cheap, slave-labor factories in Asia. Liars and hypocrites.

So that means you don't own any Nikes, Adidas, New Balance or Puma or have any other name brand apparel in your closest? No Under Armour? You sure?

A chapter out of a 20th century world history book....1920s and 1930s. Why would globalists embrace a pathetic, autocrat-hopeful speak about about nationalist changes he has brought to the USA? The world economy will walk away from Trump and the USA in disbelief and go about world trade agreements without us! The stock market is delusional in thinking world economies will beg Trump for more! Putin must be thrilled and the Republican Party is mired in the swamp. You idiots!

Trump incessantly spouts off about America First.

A non-Trump cheerleader points out Trump's hypocrasy as evidence by where Trump sources his labor.

A Trump cheerleader comes along and starts talking about brand-name goods not being manufactured in the US as if it refutes Trump's hypocracy. Typical irrelevant response that certain posters habitually provide. Very strong rhetorical skillz.

That guy next to Trump -- Klaus Schwab-- is thinking "How much longer do we need to put up with this dope?"

I hear ya man. I hear ya.

We're trying real hard.

@bass So that means you don't own any Nikes, Adidas, New Balance or Puma or have any other name brand apparel in your closest? No Under Armour? You sure?

Adidas and Puma are German companies, I believe. But I know, facts are subjective - to some.

So that means you don't own any Nikes, Adidas, New Balance or Puma or have any other name brand apparel in your closest? No Under Armour? You sure?

Explain this logic. What does this have to do with this comment:

If anybody in the Trump family actually gave a flip about buying American, they would have the Trump brand crap they sell made in American factories instead of cheap, slave-labor factories in Asia. Liars and hypocrites.

Are you saying that if we don't own these shoes, it would mean Trump and his family do give a flip about buying American? How exactly does that work? How do our purchases have anything to do with whether or not Trump gives a flip about buying American?

Adidas and Puma are German companies, I believe. But I know, facts are subjective - to some.

Adidas currently outsources the majority of its production to China and other countries in Asia, where it manufactures around 300 million shoes yearly, mostly by hand.

https://www.recode.net/2016/9/27/.../adidas-shoe-robots-manufacturing-factory-jobs

More than three quarters of Puma overall products are manufacturedin these countries. China and Vietnam make up the lion share with more than a quarter each. While the majority of shoes being sourced in Vietnam, most of apparel products come from China.

www.puma-catchup.com/made-in-china/

I realize it might be hip and cool for morons to bash Trump but if you look at a stocks or unemployment graph from the last 5 years you will notice a trend since he took office that your petulant feelings can not deny.

No mention in this article of the fact that Trump got booed at Davos.

More than three quarters of Puma overall products are manufacturedin these countries. China and Vietnam make up the lion share with more than a quarter each. While the majority of shoes being sourced in Vietnam, most of apparel products come from China.

Ok, so you're saying this justifies Trump using overseas manufacturers while at the same time saying America First?

I realize it might be hip and cool for morons to bash Trump but if you look at a stocks or unemployment graph from the last 5 years you will notice a trend since he took office that your petulant feelings can not deny.

Take a look at the stocks before the Lehman crash in '08.

You know, the last time the Republicans crashed the economy.

Hilarious that morons think that other manufacturers using foreign labor justifies Trump's hypocracy in also using foreign labor.

Also hilarious is morons that cite pre-Trump unemployment and stock market figures in an attempt to demonstrate how great Trump is. This in response to others pointing out Trump's hypocracy.

if you look at a stocks or unemployment graph from the last 5 years you will notice a trend since he took office that your petulant feelings can not deny.

I'm the first to admit I'm no economic expert, but I find these 'Trump is reviving the economy, MAGA' claims a bit disingenuous. Is the rising stock market really the result of Trump's wonderfully enlightened economic policies, or is it the result of big business cashing in on the rape of the environment that some of Trump's other policies are leading to?

The return of cheap, dirty coal at the expense of renewable energy, drilling in national parks, proposed widespread deregulation including repeal of the Clean Water Rule, dirty pipelines laid across indigenous lands....

Which to me seems to boil down to the plundering and trashing of the world our grandchildren will inherit, for the sake of a quick buck today. Not something to crow about, I would have thought.

"The United States will no longer turn a blind eye to unfair trade practices" America has the most heavily subsidized auto industry in the world, with massive bailouts and $billions in tax breaks from states to lure manufacturing. This is all government intervention to make it cheaper for companies to manufacture in the US.

Take all that away and the well talk about fair trade practices.

So wheres this 40% tax on Chinese imports? Trump knows doing that would doom American manufacturers selling in China overnight

Take a look at the stocks before the Lehman crash in '08. yep and the $700billion bailout of the financial / auto sectors forced through congress by the Reps, all that mountain of poo was left for Obama to clean up.

let the world ignore the USA for another year or how ever long it takes to get rid of Trump. Everything will be in metric and won't need all the security delays

"U.S. President Donald Trump took his "America First" message to the world's elite on Friday, telling a summit of business and political leaders that the United States would "no longer turn a blind eye" to what he described as unfair trade practices."

This is what I have preached for many years. There will be no free trade until Japan, South Korea, Taiwan, China and others dismantle their so called hidden trade barrier requirements that drive up the cost of imported products into their countries. All Trump is asking for is a fair playing field for American exports.

Ok, so you're saying this justifies Trump using overseas manufacturers while at the same time saying America First?

What do you understand of competition? Rather than criticize, what is your solution? How do American companies compete with foreign manufacturers that outsource?

Even moving a manufacturing facility from a blue state to a red state draws criticism and outrage from the left.

How do American companies compete with foreign manufacturers that outsource?

That's a legitimate question, and should not be down-voted.

Germany, for example, has for many years implemented policies that solidify worker investment in manufacturing industries. By having a really substantial input in how a company is run (including salary), there is a reduction in labor-management conflicts and an increase in motivation and quality. In high-end manufacturing and some other industries at least, Germany has continued to beat the pressures of the "race to the bottom". This is obviously not a solution that can be applied to all situations, but it is a model that should be thought about a lot more. Putting your workforce ahead of your investors and overpaid CEOs is where it's at, in my opinion.

“We do not expect corporate tax cuts to lead to a meaningful boost in business investment,” Moody’s says in a recent report. The debt-rating firm expects companies to “prioritize activities such as share buybacks, M&A and paying down existing debt” instead.

Japan hasn't been spending money to engage wars in the world. It outsource USA. It does not copy Germany.

For many years, the US supports the defense of Japan. Japan supports their industries to target the US.

I'm the first to admit I'm no economic expert, but I find these 'Trump is reviving the economy, MAGA' claims a bit disingenuous. Is the rising stock market really the result of Trump's wonderfully enlightened economic policies, or is it the result of big business cashing in on the rape of the environment that some of Trump's other policies are leading to? 

More the first than the latter, Obama was not a Business friendly President, yes, he did save the economy from collapse after the economy tanked under Bush with the help of two Democrats Chris Dodd and Barney Frank.

https://www.economist.com/news/schoolsbrief/21584534-effects-financial-crisis-are-still-being-felt-five-years-article

https://www.forbes.com/sites/bryanrich/2017/05/10/the-real-cause-of-the-financial-crisis/#23710d321765

Start with the folly of the financiers. The years before the crisis saw a flood of irresponsible mortgage lending in America. Loans were doled out to “subprime” borrowers with poor credit histories who struggled to repay them. These risky mortgages were passed on to financial engineers at the big banks, who turned them into supposedly low-risk securities by putting large numbers of them together in pools. Pooling works when the risks of each loan are uncorrelated. The big banks argued that the property markets in different American cities would rise and fall independently of one another. But this proved wrong. Starting in 2006, America suffered a nationwide house-price slump.

The return of cheap, dirty coal at the expense of renewable energy, drilling in national parks, proposed widespread deregulation including repeal of the Clean Water Rule, dirty pipelines laid across indigenous lands....

...Will provide thousands of jobs nationwide, now does that mean we should continue this practice forever, of course not, but while we look for other forms of alternative and reliable energy sources with the 200 million cars, products and machines that run on coal and oil we should use the natural resources that we have and invest in the private sector companies (I invest in a few) that are trying to come up with better ideas and in the meantime, put these blue collar people back to work, the people that the last administration forgot. Trump to his credit got rid of the worst stranglehold regulations that were inhibiting growth and work for thousands of Americans, remember many of these blue collar workers in States like Michigan and Pennsylvania were originally Obama voters, they turned to Trump because they liked his economic ideas.

Which to me seems to boil down to the plundering and trashing of the world our grandchildren will inherit, for the sake of a quick buck today. Not something to crow about, I would have thought.

Well, the world will be ok, no worries of gloom and doom, but this is exactly what we need to ween ourselves off of Mideast oil and having to make deals with shady dictators.

Japan does not support its industries. Industries support Japanese gov't.

@payne: write the name of countries that USA rescued from their attack. Just go back to. time SOFA was signed. by Eisenhower and Kishi.

and in the meantime

...and in the meantime the environment goes down the drain, kids drink poisoned water and breathe poisoned air, and still more wildlife species go the way of the dodo. And no progress is made in moving to renewables, because hey, we still got the fossils. And the Saudis are such nice people.

'We did it so that people in lousy, dangerous jobs wouldn't need to move to better-paying, safer jobs, and so that people with money could make more money.' Sorry no, that's still trashing the world we have on loan from future generations.

the world will be ok, no worries of gloom and doom

I don't have your confidence.

"Unfair trade?" The Disunited States of America is the very DEFINITION of "unfair."

...and in the meantime the environment goes down the drain, kids drink poisoned water and breathe poisoned air, and still more wildlife species go the way of the dodo.

You should find a way to protect all wildlife, but not to the point where it destroys lives outright, you have to find what solutions are out there to save a species, but when it threatens a humans life for survival, then sadly in the worst case scenario that animal will lose.

https://www.washingtontimes.com/news/2009/aug/20/its-farmers-vs-fish-for-california-water/

And no progress is made in moving to renewables, because hey, we still got the fossils. And the Saudis are such nice people.

You are right, but then how will you get millions of cars worldwide or replace the paint, cosmetics, plastics etc.

You need an alternative that would sufficiently replace these product on a massive scale that doesn't impede peoples lives.

'We did it so that people in lousy, dangerous jobs wouldn't need to move to better-paying, safer jobs, and so that people with money could make more money.'

It's more complicated than that.

Sorry no, that's still trashing the world we have on loan from future generations.

Then with the economy booming, the educational opportunities for the next generation are endless, they need to study hard, get into the field of science, engineering and biology and focus on something that is better sustaining long-term for our world.

Trump is trying to make USA back to No. 1 country but US tourism business is down flat.

Bass: Agreed with almost all of your previous two posts. Well thought out and stated.