Trump's New Tariffs


#61

Yeah, I needed a piece of equipment recently and there were no US manufacturers! Hell I could not even get the parts! I ordered them from China (direct) and built the shit myself.


#62

Foxconn
Hon Hai Precision Industry Co., Ltd., trading as Foxconn Technology Group, is a multinational electronics contract manufacturing company headquartered in Tucheng, New Taipei, Republic of China (Taiwan).

Foxconn is the world’s largest contract electronics manufacturer.Foxconn is primarily a contract manufacturer; clients include major American, Canadian, Chinese, Finnish, and Japanese electronics and information technology companies.

Notable customers and products the company manufactures for include BlackBerry, iPad, iPhone, iPod,Kindle, Nintendo 3DS, Nokia, PlayStation 3, PlayStation 4, Wii U, and Xbox One.

So it seems that Foxcon manufactures for numerous companies including Windows PC, and components for windows machines.

In 2001, Intel switched its manufacture of Intel-branded motherboards from Asus to Foxconn.

In March 2012, Foxconn agreed to acquire a 10 percent stake in the Japanese electronics company Sharp Corporation.

Looks like you should be pissed at most electronics companies in the world.


#63

Nope just Apple the largest American tech company !
The World’s Largest Tech Companies 2017: Apple And Samsung Lead, Facebook Rises
Apple AAPL -1.79% took the top spot in the tech group weeks after shares hit a new record high, reaching over $147 per share for the first time on May 2 despite disappointing iPhone sales. For the past year, Apple saw $217 billion in sales, $45 billion in profit, $331 billion in assets and a market cap of $752 billion.


#64

There is a reason hes the illiterate bernie bot of this forum. Cant read, cant debate, cant even hold up the “hyper -non-partisanship” he boasts he possess, and cant even afford a computer (most of his posts are from mobile sources).


#65

So you just hate apple. Has nothing to with Foxcon. Foxcon can exist easily without apple’s business.

Personally I hate microsoft and their inferior operating system on junk hardware. Microsoft releases trash operating systems and patch it forever trying to make it work.

As a side note those accusations were from 2010m much has changed.


#66

Now that’s cool shit right there.


#67

Yeah…but you said made in the USA, snicker.


#68

He also said baby steps… It took a long time to move the manufacturing talent out of the US and it won’t come back over night… reason Trump might still have an interest in his products being made outside the country…


#69

The very best part is we transferred our manufacturing technology as well as the technology of products to China so when they do move manufacturing back to the US we will have a established competitor unafraid to duplicate the products.

Love it when a plan comes together.


#70

I beg to differ the only thing that has changed at foxxcon is the security .
I am not here to argue operating systems ! Apple in my opinion is a the worst kind of capitalist a profit over everything ! Nationalism they are American in name only all they produce is overseas . Moral compass they apparently have none or thous building would not have net surrounding them .
They are a sham as a company ! They talk equality and fire anyone that doesn’t tow their line of lies !
So until Apple sheds its anti worker policy’s they can fuck them self’s and I hope the fail in the long run !


#71

Well the libs over saw the offshoring of Americas manufacturing to the extent that everything today in Made in America assembled with parts from other country’s . Clinton the biggest enemy of American labor NAFTA and Allowing China in the WTO . Obama would have beat him as the President that fucked American workers the hardest if President Trump had not pulled the plug on TPP !


#72

And name one technology company manufacturing in the US.

Any American made TV’s?
Computers?
Note pads?
DVD players?
Phones?

We have screwed ourselves allowing unfettered access to our markets forcing American companies to manufacture over seas. While you see Apple as the great evil I see them just like every other tech company.


#73

The big changes headed to Foxconn’s factories have sparked concern and confusion among a number of parties. But if Foxconn stays true to its agreements, the industry may see some improvement.

The Fair Labor Association announced yesterday that Foxconn will improve a variety of labor conditions in its Chinese gadget plants. But one of the changes, with a wide set of potential implications for workers, device manufacturers, and electronics purchasers alike, are how wages and overtime are being adjusted.

Workers will only be allowed to work a maximum of 49 hours per week, including overtime, and monthly overtime hours will be reduced from a maximum of 80 to only 36. Foxconn will also go on a hiring spree to expand the ranks of its 1.2 million employees to ensure these plans are reasonable to achieve. Although this sounds good to those of us who are concerned about their well-being, some workers aren’t so jazzed about the idea.

“A lot of us are unhappy with this,” Chen Yamei, a 25-year-old Foxconn worker told Reuters. “We think that 60 hours of overtime a month would be reasonable and that 36 hours would be too little.” Another Foxconn employee, 23-year-old Wu, said, “We are worried we will have less money to spend. Of course, if we work less overtime, it would mean less money.”

In this case, it looks like Foxconn’s plans to be in accordance with FLA guidelines need to be more effectively relayed to employees. Foxconn is working on “a compensation package that protects workers from losing income due to reduced overtime.” Fourteen percent of workers weren’t adequately compensated for their overtime in the past, so this should be an improvement both for workers’ quality of life, and the pay received.

Another issue relating to this: costs of manufacturing the product, which affect company bottom lines, and seem like they could potentially raise the price of our gadget obsessions.
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IHS iSuppli CFA Tom Dinges says there’s nothing to worry about on this front.

“The cost they’re going to pay to manufacture products is going to go up, but that’s only factory and labor costs,” Dinges told Wired. “Labor is only a small percentage of the total cost of a product.”

Dinges illustrated an example for us: If a cellphone costs $229, that’s the price it’s going to be. If labor costs go up and everything else stays constant, it may cost $1 more to make each cellphone, but it’s not going to change that $229 retail price tag. The manufacturer just has to eat that tiny decrease in profits.

And what’s going on at Foxconn right now isn’t anything new. “The cost of labor has been going up 15 to 20 percent each year for the past five years or so,” Dinges said. In some areas, workers may be paid twice what they were just a few years back. With that in mind, has the cost of the iPhone gone up? Nope. With a few exceptions (the first iPhone and the 3GS), a new entry-level iPhone is always $200 on contract, $650 off.

Although increasing labor costs has a low effect on margins – especially if the cost of parts, or shipping, or other production processes decrease – there could be a few negatives to come out of this.

“We may see a reduction in the diversity of products offered or a reduction in quality,” Paul Martyn vice president of Supply Strategy at BravoSolution told Reuters. “We may see more defects as a result of changes in some of these sectors like apparel and toys.”

But overall, what’s being heavily publicized with Apple and Foxconn is an issue that’s been evolving for years, following the steps of what happened with the clothing industry in the '90s.

So perhaps the biggest effect of Foxconn’s news falls on socially conscious consumers, ones who’ve been petitioning Apple to “think different” when it comes to how its products are made.

“I can feel good about using my iPhone and other Apple products in the future,” Mark Shields, creator of a widely supported Change.org petition inspired by negative reports of conditions at Foxconn. "I can know they’re made humanely. And that’s great."
https://www.wired.com/2012/03/foxconn-changes-significance/


#74

Clinton signed it, but so did George H W Bush. And NAFTA was negotiated during the Bush administration. Two parties taking us to the same place.


#75

These are all from 2017 and 2016 not much has change but the security . They just keep the bad news in house .

“We discovered instances of student interns working overtime at a supplier facility in China. We’ve confirmed the students worked voluntarily, were compensated and provided benefits, but they should not have been allowed to work overtime,” Apple said in a statement.http://fortune.com/2017/11/22/apple-iphone-x-foxconn-china-labor/

Life and death in Apple’s forbidden city
The sprawling factory compound, all grey dormitories and weather-beaten warehouses, blends seamlessly into the outskirts of the Shenzhen megalopolis. Foxconn’s enormous Longhua plant is a major manufacturer of Apple products. It might be the best-known factory in the world; it might also might be among the most secretive and sealed-off. Security guards man each of the entry points. Employees can’t get in without swiping an ID card; drivers entering with delivery trucks are subject to fingerprint scans. A Reuters journalist was once dragged out of a car and beaten for taking photos from outside the factory walls. The warning signs outside – “This factory area is legally established with state approval. Unauthorised trespassing is prohibited. Offenders will be sent to police for prosecution!” – are more aggressive than those outside many Chinese military compounds.https://www.theguardian.com/technology/2017/jun/18/foxconn-life-death-forbidden-city-longhua-suicide-apple-iphone-brian-merchant-one-device-extract

Latest Foxconn Worker Deaths Build Case For Apple To Move Operations From China
With massive demand, however, comes pressure to produce. And sadly, Chinese factory workers have once again fallen victim to this whole global mass manufacturing cycle. Eva Dou of the Wall Street Journal has a stirring report about two deaths last week at the Foxconn production building, aka where most of the world’s iPhones and iPads are assembled. One of the victims, like several others before, took his own life after work. And while it’s possible that Foxconn’s notoriously stressful and tough working conditions contributed to his decision to jump off the top floor of the company’s Zhengzhou building, it’s impossible to decipher the exact reason. Maybe his death had nothing to do with his job.https://www.forbes.com/sites/bensin/2016/08/22/the-real-cost-of-the-iphone-7-more-foxconn-worker-deaths/#5fa10d3d5560


#76

Clinton endorsed it and pushed to thru congress .
Clinton in Final Push for NAFTA :

Trade: The President tells a small-business group that prosperity hinges on pact with Mexico and Canada. The vote will be close, as lawmakers slowly take sides.
WASHINGTON — With the ranks of uncommitted lawmakers dwindling rapidly, President Clinton embarked Monday on a final push for the North American Free Trade Agreement, declaring to small-business proprietors that only by expanding its markets can the nation increase its prosperity.

“There is no way any wealthy country in this world can increase jobs and incomes without increasing the number of people who buy that nation’s products and services,” Clinton told 400 small-business leaders at Washington’s Museum of American History. “It is clear and self-evident.”

To reassure doubters, he emphasized that the United States could pull out of the trade agreement with Mexico and Canada with six months’ notice. “If all the naysayers turn out to be right, the treaty gives us a right to withdraw in six months,” he said. "Why don’t we just wait and see whether we’re right or they’re right?"

History lesson: More Republicans than Democrats supported NAFTA

Bill Clinton was certainly a supporter of NAFTA who pushed approval through Congress. But it was negotiated and signed by President George H.W. Bush. (Here’s a photo.) Moreover, more Republicans than Democrats voted for the deal, as the trade pact was vehemently opposed by labor unions. One key ally for Clinton was then-House Minority Whip (and later House speaker) Newt Gingrich (R-Ga.), who is said to be on Trump’s list of possible running mates.https://www.washingtonpost.com/news/fact-checker/wp/2016/05/09/history-lesson-more-republicans-than-democrats-supported-nafta/?utm_term=.799f0d79a2e4


#77

Indeed, and I acknowledged that. And so did papa Bush. And, the entire trade deal was negotiated during the Bush administration as his first push toward the “New World Order “.

Someday Americans will realize that both parties are taking them to the same spot.


#78

Does it matter who supported the atrocity called NAFTA? Doesn’t matter who negotiated it. Doesn’t matter what the media said.

Why in the WORLD would a US President sign NAFTA when it’s sole purpose was to eliminate tariff’s on US Imports? Why would any company want to stay in the USA, deal with government red tape, beaurocrats, etc when they can simply load up their company, head south of the border into Mexico, pay workers there peanuts, and import items BACK to the US with NO PENALITY!!! I comes down to the bottom line.

That bottom line had the signature William Jefferson Clinton.

And the financial bottom line every year since NAFTA was signed has been adding to the trade deficit with Mexico.


#79

BOTH PARTIES OWN THIS. Wake up, you’re being hosed by both.

Bush, began negotiations with Mexican President Salinas for a liberalized trade agreement between the two countries. Before NAFTA, Mexican tariffs on U.S. imports were 250 percent higher than U.S. tariffs on Mexican imports. … In 1992, NAFTA was signed by President George H.W.Jul 7, 2017

So why would a US president sign such a deal? Globalization Globalization Globalization or in papa Bushes own words, the New World Order!!!


#80

Yep both partys did this to Americas working citizens . President Trump is fixing this one unfair free trade deal at a time ! America is open for business !