What has been the hyper-economic policies especially during OBAMA? Our US entrepreneurs developing international partners as consumers of products or services------
As we said-------those global banking 5% freemason/Greek players having been allowed to WIN in these rigged entrepreneur games-----getting ready to go under the bus.
So, why is a major buyer of cheese from an American dairy a global foreign corporation and not our local and regional 99% of WE THE PEOPLE?
'The affect is now being felt significantly acutely by small companies and startups. Broadly, this class of firm, like others, feels good concerning the economic system. However in contrast with bigger operations, they’ve much less capability to deflect larger supplies costs or cross alongside new prices to prospects'.
The meme below makes fun of what we call global banking 5% freemason/Greek players told they were WINNING because they transitioned to international market consumers and away from selling product to our US domestic market.
YOU THINK CHINA IS GOING TO PAY FOR TRUMP'S TARIFFS? TELL ME MORE ABOUT HOW MEXICO PAID FOR HIS WALL.
The CLINTON/BUSH/OBAMA neo-liberals created this FALSE ECONOMY for our US 5% freemason/Greek players black, white, and brown just to keep silence while MOVING FORWARD allowed global corporations to take all of our domestic consumer economy-----
NOW, GLOBAL BANKING 1% ARE READY TO KILL THE HOPES OF THE PLAYERS IN BEING WINNERS IN WHAT WILL BE AN ECONOMY FOR ONLY THE GLOBAL 1%---OLD WORLD KINGS IN US FOREIGN ECONOMIC ZONES.
Trump’s Tariff Could Kill Thousands of Small Businesses in China
March 19, 2017, 5:03 PM EDT Updated on March 20, 2017, 2:50 PM EDT
- Threatened levy a risk for mid-sized firms reliant on U.S.
- Factories already face higher China costs, tighter regulation
Both global banking 1% OLD WORLD KINGS in China and Europe working together to kill those 5% freemason/Greek players allowed to gain merely rich wealth by operating these TEMPORARY INTERNATIONAL businesses. MERELY RICH in China different from MERELY RICH in US----but MOVING FORWARD both sets of 5% freemason/Greek players will be UNDER THE BUS AS LOSERS.
WOMEN---HILLARY NASTY LADIES ----are largely these small/regional businesses.
'How Trump's tariff wall will punish small American businesses, kill US jobs, and benefit giant mulitnationals'
'Bankruptcies Surge As Trump’s Trade Wars Kill Farming ...trofire.com/2018/12/02/bankruptcies-surge-as...
Transcript: According to a new report, the number of farmers that have filed for bankruptcy just this year has more than doubled from what it was four years ago, so far. 84 small farms here in the United States, all located in the midwest have filed for bankruptcy and it’s all because of Donald Trump’s seemingly endless trade wars'.
Report: Trump’s Tariffs Turn Small Businesses Upside Down
August 8, 2018
© Chris Urso/Tampa Bay Instances/Zuma Press
M2S Bikes, an electric-bike startup, deliberate to construct itself a 100-strong supplier community. Then got here the Trump administration’s proposed tariffs on China.
The agency, which employs 5 individuals in Asheville, N.C., imports the bikes it designs from a manufacturing unit in Jinhua Metropolis, China, and says it could’t discover comparable motors within the U.S. The tariffs would add $425 to the price of its bikes, which presently retail for as a lot as $3,250. The dealership concept is now on maintain whereas the corporate tries to determine a brand new wholesale worth that sellers will settle for and that received’t kill its revenue.
The Trump administration says tariffs on hundreds of things from ball bearings to circuit boards are designed to counter what it sees as unfair commerce practices that give Chinese language companies a leg-up over their U.S. rivals.
The U.S. has imposed 25% tariffs on $34 billion of Chinese language imports, and on Tuesday finalized an inventory of $16 billion in Chinese language imports that will probably be topic to 25% tariffs. U.S. officers have additionally stated they’re contemplating duties on $200 billion extra. China has began to reply in type and is threatening to impose tariffs on as much as $110 billion of U.S. items if Washington strikes forward.
The affect is now being felt significantly acutely by small companies and startups. Broadly, this class of firm, like others, feels good concerning the economic system. However in contrast with bigger operations, they’ve much less capability to deflect larger supplies costs or cross alongside new prices to prospects.
Tariffs throw a wrench into pricing calculations and eat into revenue margins. Smaller companies are also much less in a position to shift manufacturing to different places and have smaller reserves to attract on when occasions get robust.
Even people who profit from a surge in home enterprise are struggling to ramp up rapidly sufficient to take benefit.
Consequently, small companies promoting all method of products, together with high-tech mild switches and the coated paper used to deal with deli meats, are rethinking their methods, suppliers, manufacturing places and pricing.
Giant corporations have largely shrugged off issues over tariffs, as decrease tax charges plus robust demand has helped ship bigger than anticipated revenue. Amongst smaller companies, optimism for progress fell in July to its lowest stage because the 2016 presidential election, in response to a month-to-month survey of greater than 750 small companies for The Wall Avenue Journal by Vistage Worldwide Inc.
“The tariff makes us really feel we have to take our foot off the gasoline,” stated M2S founder Eric Crews.
Scott Yates, gross sales director for Smokey Mountain Trailers in Lenoir Metropolis, Tenn., says the agency has been hit with “supplies surcharges” of as a lot as 7% on the trailers it sells. That’s due to tariffs on metal and aluminum. As new higher-priced trailers arrive on the lot, the corporate is charging extra for them.
“On the finish of the day, the buyer is paying,” stated Mr. Yates.
Sensible House Expertise Inc., a three-year-old Silicon Valley startup, had deliberate to launch its Wi-Fi-connected “sensible” mild switches in September at a worth of $249. The specter of 10% tariffs on Chinese language-made electronics pressured the 30-person firm, which is backed by $21 million in enterprise capital, to spice up the value to $299.
Firm co-founder Aaron Emigh stated the newest proposed improve in tariffs to 25% put him in a fair more durable spot and will pressure him to hunt one other spherical of funding sooner than he deliberate. “We’re on the restrict of what we imagine we will cost,” he stated. Shifting manufacturing out of China isn’t sensible, he stated.
Some corporations fear that components and supplies distributors are utilizing the tariff standoff as a chance to boost costs. Adam Aronson, chief government of Lilitab, a San Rafael, Calif., maker of pill kiosks, stated one in all his vendor’s distributors has raised costs for aluminum signage supplies forward of precise worth will increase. Mr. Aronson stated he’s much more involved about future tariffs on different imported supplies and parts.
Tusco Show, a maker of customized retailer fixtures and precision metallic fabrications in Gnadenhutten, Ohio, laid off 20 contract staff on the finish of the primary quarter and furloughed 10 staff for a month in June. It delay plans to spend $1 million on a brand new system for laundry, drying, powder coating and curing metallic merchandise.
Tusco is paying extra for U.S. and foreign-made metal and aluminum. Tariffs are additionally including to the troubles of its retail prospects, who’re struggling to compete with Amazon.com Inc. and appear to be taking a “wait and see angle,” stated Mike Lauber, Tusco’s chief government.
“Many people have our heads down, working arduous,” he stated. At Tusco, “we’re conserving the place we will and redoubling our efforts to search out new purchasers.”
Aluminum tariffs are inflicting Nebia Inc., a San Francisco startup with 11 staff, to contemplate shifting manufacturing of its $399 spalike bathe heads to Mexico from Minnesota, stated Philip Winter, the corporate’s CEO.
“It places us in a very robust place,” Mr. Winter stated. The four-year-old firm had already been attempting to decrease its prices and costs to spice up gross sales. Now, he stated the corporate can be wanting into shifting components away from aluminum, which accounts for 40% of its prices.
Scott Schroeder, president of RelianceCM, a small contract digital producer in Corvallis, Ore., says two of his prospects have stated they anticipate to maneuver manufacturing to a Chinese language producer due to rising supplies prices. The Chinese language firm would use the identical digital parts as RelianceCM, however received’t face the identical 25% tariff.
“We now have fought and labored so arduous to discover a area of interest the place we will compete,” stated Mr. Schroeder, who has about 30 staff. “This has the potential to drag the carpet out.”
Some corporations anticipate little affect from tariffs, both as a result of their opponents face the identical economics or as a result of robust demand makes it simpler to cross alongside larger prices.
“I anticipate to see our prices go up, however my native competitors will expertise the identical improve so I’m not too involved,” stated Brian Larson, proprietor of Amity Graphics Inc. in Bemidji, Minn., which imports greater than half of the promotional merchandise it sells from China
If a worth improve is an issue, Mr. Larson stated, prospects can choose one other product that prices much less. “It appears we will come out on high if we do the tariffs,” stated Mr. Larson, who has eight staff. “I’m really happy by this entire factor.”
Pak-Sher, a maker of food-service packaging with greater than 200 staff, is contemplating shifting some manufacturing again to the U.S. due to the tariffs. It had shifted manufacturing of plastic sheets used to deal with deli meats and bakery items to a contract producer in China in November.
“We’re doing a staffing evaluation and a capability evaluation,” stated David Kouchoukos, Pak-Sher’s chief buyer officer. When Pak-Sher, of Kilgore, Texas, shut down the food-sheet operation, it redeployed staff and didn’t exchange those that left.
At Brief Run Professional in Belmont, N.C., which supplies personalized metallic manufacturing providers, enterprise has picked up because the U.S. imposed tariffs on imported metal and aluminum as a result of the corporate focuses on making “personalized, one-off manufacturing runs” and merchandise for area of interest markets which can be much less weak to modifications in supplies prices.
“We now have seen an rising variety of alternatives coming from U.S.-based gear producers that had been beforehand sourced by way of abroad distributors,” stated Scott Toal, Brief Run’s president.
U.S. aluminum producers ought to be amongst those that profit. The robust home economic system and a surge in demand, nevertheless, seems to be straining their operations.
Merritt Aluminum Merchandise Co., of Fort Lupton, Colo., is spending extra time coping with late deliveries, high quality points and different supply-chain issues as aluminum producers grapple with elevated demand, stated Taylor Merritt, its chief government.
“Even simply the anticipation main as much as the tariffs induced a number of uncertainty available in the market, and that uncertainty prompted customers of metal and aluminum to begin filling orders with home producers, which sucked up their capability.”
In sectors the place tariffs have but to take maintain, corporations are stocking up forward of anticipated worth will increase, which could be troublesome for smaller companies. David Wallace, president at fifth Avenue Vitality, a six-person renewable power agency in San Diego, stated lighting and different Chinese language imports have turn out to be dearer and more durable to search out as giant contractors construct inventories forward of tariffs.
Mr. Wallace stated he can’t hold stock available “as a result of I’m too small. It raises the bar on my threat.”
Up to now 30 days, dozens of corporations have requested for assist reclassifying merchandise hit by tariffs, stated Jeff Jorge, worldwide providers follow chief with the accounting and advisory agency Baker Tilly Virchow Krause LLP.
Improper classifications, whereas frequent, weren’t a lot of a problem earlier than tariffs had been imposed as a result of they didn’t make a cloth distinction in prices, stated Mr. Jorge. Different corporations are the way to reap the benefits of overseas commerce zones, which permit merchandise to maneuver in and in a foreign country with lowered or no duties, he added, or rerouting provide chains.
Altraco, a contract producer primarily based in Thousand Oaks, Calif., stated one in all its prospects is contemplating shifting manufacturing offshore, which can reduce prices by avoiding metal tariffs.
“In case you offshore it, the tariff goes away and the price of the components come down,” stated Altraco co-owner Scott Williams, who has 18 staff and does most of his manufacturing in China. “The one individuals which can be going to endure,” he added, are the “U.S. staff which can be presently making these components. Their jobs will now not be wanted.”
These few decades have seen one population group after another fall victim to UNEMPLOYMENT---UNDEREMPLOYMENT-----being pushed onto whirling dirvish vocational training track--------but that global banking 5 %freemason/Greek player was sitting still able to create 'businesses' which were frauds----which cronyism had global corporations handing business to these 'ENTREPRENEURS'.
These were what we called WE DON'T CARE----PLAYERS----feeling good concerning the US economy as all US 99% WE THE PEOPLE were being LEFT BEHIND.
'Broadly, this class of firm, like others, feels good concerning the economic system'.
This TARIFF economic policy directed squarely at boosting profits for global corporations whether foreign inside US FOREIGN ECONOMIC ZONES or whether US corporations overseas in Chinese FOREIGN ECONOMIC ZONES. It is just the beginning of throwing those 5% players under the bus---soon to follow those 2% players having been allowed some economic benefit.
This interactive graph tied to this article does a good job showing how Chinese foreign corporations are SEEDED in every US STATE FOREIGN ECONOMIC ZONE. Remember, what we see today are FOOTPRINTS of global corporate campuses/factories. These foreign corporations will expand becoming the only major employers in town.
What happens as US 99% of WE THE PEOPLE work for these foreign corporations taking root in our NECK OF THE WOODS? These foreign corporations pay a comparative US wage to start then say -----TRANS PACIFIC TRADE PACT says we don't have to pay those wage standards---and VOILA----all labor will be working as they do in CHINA.
Steve LeVineJan 10, 2018Chinese investors and firms own majority of 2,400 US companiesChinese investors and firms own a majority of almost 2,400 American companies employing 114,000 people, about the same number as the combined U.S. staffs of Google, Facebook and Tesla, according to data from MacroPolo.
Why it matters: Chinese trade and investment are among the most divisive topics in the U.S., and a focus of Trump administration threats to crack down against Beijing. MacroPolo's map appears to be the first open-source, county-by-county study of every majority-owned Chinese company in the U.S. — $56 billion worth.
Data: MacroPolo; Chart: Chris Canipe / AxiosHow it works: Click on the state to reveal the investment's local financial contribution, how many firms are majority Chinese-owned, and how many employees work at them. As an example, even though Chinese-linked employment in the state is relatively small, Kentucky's circle rivals California's in size, a reflection almost entirely of the 2016, $5.4 billion buyout of GE Appliances in Louisville by Haier.
Let's look at WISCONSIN'S unemployment figures which supposedly tells us how many US 99% of WE THE WISCONSIN citizens are gainfully employed. The national media tells us WISCONSIN has an unemployment rate of 2.7%
'Since 2005 the unemployment rate in Wisconsin has ranged from 2.4% in October 1999 to 10.4% in February 2010. The current unemployment rate for Wisconsin is 3.3% for February 2019. See how other local areas compare by using our Unemployment Compare tool'.
-----so, it appears that a FOXCONN would have to bring its global labor pool to work in this factory below-----since all Wisconsin's are working. The reality is this-----WISCONSIN has 20-50% unemployment in many counties with some counties having 7-10% unemployment. The reality is this as well-----this one FOXCONN factory is simply a FOOTPRINT-------as it says below there will be expansions of manufacturing facilities.
'The company said it still intends to do so, albeit not through a single factory but rather through “other next-generation manufacturing facilities.”'
Now, it does not take a rocket scientist to understand a CHINESE GLOBAL CORPORATION is going to fill the highest paid jobs with people from China used to working for third world wages----middle-class in China is $300 a month.
WHY WOULD FOXCONN PAY US WORKERS ALMOST $30 AN HOUR?
When looking at the interactive graph above---don't look at the number of US citizens working for X number of Chinese corporations---think how those X number of Chinese corporations will expand to become nearly the only ECONOMY in town.
General Electric China Move
General Electric is moving its x-ray division from Wisconsin to China?
General Electric is planning to move its 115-year-old X-ray division from Waukesha, Wis., to Beijing. In addition to moving the headquarters, the company will invest $2 billion in China and train more than 65 engineers and create six research centers. This is the same GE that made $5.1 billion in the United States last year, but paid no taxes — the same company that employs more people overseas than it does in the United States.
As we are told more and more and more US small businesses are pushed out of business----what will that unemployment rate be in WISCONSIN?
Foxconn may bring Chinese engineers to Wisconsin factory due to skilled labor shortage (updated)Anna Hensel@ahhensel November 6, 2018 7:53 AM
Anna Hensel@ahhensel November 6, 2018 7:53 AM
Above: The logo of Foxconn, the trading name of Hon Hai Precision Industry, is seen on top of the company's headquarters in New Taipei City, Taiwan.
Image Credit: Tyrone Siu / Reuters
When Taiwanese electronics manufacturer Foxconn announced that it would be opening a factory in Wisconsin, one of the big selling points was that it would create 13,000 high-paying jobs in the state over several years — jobs that would help advance Wisconsin’s tech sector. But the Wall Street Journal reports there’s a chance not all of those jobs will go to Wisconsin residents.
According to the Journal, Foxconn is considering bringing in some engineers from China to staff the new factory, as the company is reportedly having trouble finding skilled workers in the state. The Journal didn’t say how many of the jobs Foxconn is planning to fill through internal transfers.
The story follows a June report from a Wisconsin newspaper suggesting that the first factory Foxconn intends to build in Wisconsin would be smaller than initially planned. That raised concerns about whether Foxconn would still contribute 13,000 jobs. The company said it still intends to do so, albeit not through a single factory but rather through “other next-generation manufacturing facilities.”
In a statement to the Journal, Foxconn said that its “Wisconsin-first commitment remains unchanged” and that the majority of the 13,000 workers will still “work on high-value production and engineering assignments and in the research and development field.” Foxconn had previously said that the 13,000 jobs will pay an average annual wage of $53,875. In a later statement to Gizmodo, Foxconn denied that it’s “recruiting Chinese personnel to staff our Wisconsin project.”
It’s not surprising that Foxconn would consider bringing over some of its existing employees in order to get a new factory off the ground. But the news is likely to make Wisconsin residents even more nervous about what exactly they’ll get out of the Foxconn deal. The deal, initially estimated to cost the state $3 billion, is now expected to cost the state more than $4 billion. That’s the highest incentive package ever awarded to a foreign company by a U.S. state.
The news also comes on the heels of a report that Amazon, which announced last year that it was looking for a city in which to place its second North American headquarters, is instead going to split its second headquarters between two cities. The reason, reportedly, is that Amazon is concerned about finding enough tech talent for its second headquarters, which was initially projected to bring 50,000 jobs to whichever city the company chose.
The Journal doesn’t quote any Foxconn executive on the company’s hiring challenges, but it notes that at a recent job fair Foxconn hosted in Wisconsin, it interviewed just 300 out of 1,300 applicants. In September, Wisconsin had an unemployment rate of 3.0 percent, below the national average.
The tech industry is seeing promising growth in some parts of Wisconsin. According to a Brookings Institution report last year, the Wisconsin college town of Madison ranked number 20 on a list of U.S. metro areas that added the most tech jobs between 2013 and 2015.
That is also in keeping with national trends, as the areas seeing the most growth in tech jobs are coastal hubs like San Francisco, Seattle, and Austin and college towns. Foxconn’s factory will be going in Racine, Wisconsin, a suburb of Milwaukee.