[Danube]

Originally Posted by Normal

All the while, Boeing just landed a huge contract for the new F47 fighter jet and the multi billion dollar C 17 sustainability contract. They will need more workers to keep up.

Overpriced, late delivery junk, like the weak F-35. Having a US monopoly on large passenger jets, Boeing is more of a money-laundering operation.

Should of never let McDonnell Douglas and Boeing merge.

[MollyJo]

Originally Posted by Ralph Cramdon

It’s fascinating how often people blame China for the loss of U.S. jobs, rather than the companies that chose to move operations there in pursuit of higher profits.

Exactly. Corporate greed.
Be careful what you wish for.

[Havingfun]

Originally Posted by Stu from NYC

This trade war was a long time coming. We do need to balance our foreign trade stop allowing other countries to take advantage of us

Trade war was started by us or our elected leader
China is not going to back down to being bullied as the US consumes only 15% of what they export. The other fact is that China is producing its own aircraft. Look up Comac
If they can build a hospital in six days when covid hit they can certainly build a plane as they are doing.
We are naive to think that we can somehow recreate the past and that manufacturing inexpensive goods here will return. Our gracious leader has made free trade the boogeyman and that we need to be saved. China is not going to line up to kiss his ass any time soon I’m afraid

[Danube]

Originally Posted by EastCoastDawg

Indeed. Jingoism v Realism. Like (still) thinking that China will just roll over rather than retaliate.

They will end up building their own planes and buying Russian aircraft. They will be better off in the long run, just like the US-imposed sanctions since 2022 ended up helping the Russian economy.

[Danube]

Originally Posted by Ralph Cramdon

It’s fascinating how often people blame China for the loss of U.S. jobs, rather than the companies that chose to move operations there in pursuit of higher profits.

Exactly. And more and more US media and most people in the federal gov't are calling for war.

[Arctic Fox]

Originally Posted by Topspinmo

Didn’t England pull out of euro? I wonder why?

The UK stuck with sterling rather than joining the Eurozone.

Remaining decoupled from disparate European economies was a smart move.

[skarra]

Originally Posted by jimhoward

I think China stopping delivery of Boeing aircraft will be very painful to us as Aircraft are one of the most important products that we export. It’s bound to hurt our trade deficit even if Boeing does have a backlog,

I also think the tariffs on Chinese products will prove painful because I don’t see companies rushing to manufacture in the us based on tariffs that could easily be repealed in the future. Regardless prices on goods will increase.

It seems like we are losing on both ends.

Agreed. This tariff war is plain foolish.

Manufacturing and the IP along with it went out years ago. We all benefited from it and so let’s move on and do what we do best, services.

[Arctic Fox]

Originally Posted by Normal

All the while, Boeing just landed a huge contract for the new F47 fighter jet and the multi billion dollar C 17 sustainability contract. They will need more workers to keep up.

I thought the tariffs were designed to narrow the trade gap with other countries? I don't see how getting the USA taxpayer to pay for more warplanes compensates in any way for China pulling out of buying civil planes from a US company.

[LonnyP]

We were told there would be winning!

[Ski Bum]

Originally Posted by bopat

This backfires on China. Boeing’s backlog is years long, so undelivered planes could find other buyers, albeit with delays in remarketing. China’s airlines, meanwhile, might struggle with older fleets or turn to Airbus, which is also stretched thin. If parts are embargoed, China risks grounding its Boeing-heavy fleets, which could cripple domestic operations.

Yep. So many knee jerk reactions here that only think A to B. Gotta get to C, D, and E!

[Cliff Fr]

Originally Posted by Bill14564

Buyer's remorse; looking for someone to blame rather than taking responsibility for our own actions.

"Muscling in" could explain why US manufacturing exports decreased but it doesn't explain an increase in imports. US manufacturing moved to increase profits. American customers encouraged this by voting with their wallets. Everyone was a winner until "we" decided we didn't like the current situation and needed someone to blame.

login?

You do know that during covid China threatened to cutoff our supply of antibiotics right? Now they have built an island in the ocean with a military base in order to claim the waters as their own. They are not exactly our benevolent friend. Do you really think we should continue to rely on them for critical minerals, medicines and parts?

[Federspiel]

I sense this is really a political discourse.

[Ski Bum]

Originally Posted by Arctic Fox

I thought the tariffs were designed to narrow the trade gap with other countries? I don't see how getting the USA taxpayer to pay for more warplanes compensates in any way for China pulling out of buying civil planes from a US company.

Narrowing the trade gap is a ruse. There are 4 goals:
1. Reciprocal tariffs, at 10%
2. Removal of non-tariff trade barriers
3. Restore a level of US manufacturing for critical goods for national security
4. Decouple from China

Once that is understood, the news makes a lot more sense.

[Bill14564]

Originally Posted by Ski Bum

Narrowing the trade gap is a ruse. There are 4 goals:
1. Reciprocal tariffs, at 10%
2. Removal of non-tariff trade barriers
3. Restore a level of US manufacturing for critical goods for national security
4. Decouple from China

Once that is understood, the news makes a lot more sense.

Sounds like so much rationalization.

[airstreamingypsy]

There's a reason why Walmart is the biggest retailer in the world, the cheap prices. Many people live paycheck to paycheck, they are not able to spend for made in America goods. Imagine how much a t-shirt will cost if the people sewing it are making 20.00 an hour.

All this chaos for billionaires, while the middle class gets poorer.