Amazon says no to UPS. Costs are too high.
Union Reality Bites
The Wall Street Journal comments Reality Bites UPS and the Teamsters
Two years ago Teamsters boss Sean O’Brien touted a “historic” labor agreement with United Parcel Service. Now comes the rest of the story, and it isn’t pretty. UPS shares plunged Thursday 14.1% after it announced workforce and delivery reductions. Workers who lose their jobs can thank Mr. O’Brien.
Recent earnings reports have been mostly upbeat with many companies announcing new investments. Not UPS. The carrier on Thursday announced a “network reconfiguration” that “could result in the closure of up to 10% of our buildings, a reduction in the size of our vehicle and aircraft fleets, and a decrease in the size of our workforce.”
It will also cut half of its delivery business with Amazon, its largest customer. UPS’s rising labor costs have made many Amazon deliveries less lucrative and perhaps unprofitable. Amazon will now use its own network to deliver more of its own packages, which it can do at lower cost than UPS because most of its drivers aren’t unionized.
The Teamsters have found little success trying to organize Amazon workers, so it’s ironic that their labor contract with UPS is making the retail giant bigger. The 2023 UPS agreement increased average compensation for full-time drivers over five years to $170,000 from $145,000. Teamsters at UPS get up to seven weeks of vacation and don’t pay healthcare premiums.
“Teamsters have set a new standard and raised the bar for pay, benefits, and working conditions in the package delivery industry,” Mr. O’Brien declared. “This is the template for how workers should be paid and protected nationwide, and nonunion companies like Amazon better pay attention.” No doubt they are.
UPS’s travails are a warning to other companies and workers. Last January UPS said it would cut 12,000 jobs, mostly in management, owing to falling package volumes and rising labor costs from its Teamsters agreement. A couple months later UPS said it would close some 200 sorting centers, which spurred thousands of layoffs.
Last month UPS said it plans to dismiss 404 workers in Commerce City, Colo., to automate a processing facility and 304 in Oklahoma City as part of another facility “modernizing.” Congratulations to Mr. O’Brien for pricing his members out of jobs. When labor costs rise above what the market will bear, it becomes more efficient to employ robots—who won’t go on strike.
Meanwhile, the Teamsters chief has been threatening a strike at Costco stores on the West and East Coasts if the retailer doesn’t agree to an “industry-leading contract” by midnight Friday. Mr. O’Brien has a long record of making labor demands that boomerang on workers.
When floundering trucking firm Yellow Corp. sought financial concessions from its Teamsters in 2023, Mr. O’Brien refused and tweeted the image of a gravestone in a cemetery with “Yellow” on it. Yellow filed for bankruptcy, costing some 22,000 Teamsters their jobs.
Am I the only one who thinks driving a truck and making deliveries is not worth $170,000?
But that is the contract, forced by the idea of “collective bargaining”.
There are about 330,000 UPS driving jobs are represented by the International Brotherhood of Teamsters.
There are about 335 million people in the US who pay more for deliveries than they should.
As one of the 335 million, I endorse Amazon’s decision exit business and do their own deliveries.
Trump Sucks Up to Unions
At least Amazon can do something about things. Shippers are held hostage.
On December 12, 2024 Trump Expresses Support for U.S. Dockworkers
President-elect Donald Trump threw his support behind a dockworker’s union locked in contentious labor talks with port employers.
Harold Daggett, the head of the International Longshoremen’s Association that represents tens of thousands of dockworkers at East Coast and Gulf Coast ports, met with Trump at his Mar-a-Lago estate in Florida on Thursday, according to a union spokesman.
Shipping industry leaders, under pressure from administration officials, offered dockworkers a tentative 62% pay increase over six years contingent on a wider deal being reached by mid-January.
Shipping industry officials say they need to make greater use of technology to push growing volumes of cargo through seaports. The union opposes expanded use of autonomous equipment, such as cranes, because it threatens jobs.
No More Automation
That was the preposterous demand of the Longshoremen’s Association, and its been ongoing.
As a result, the US has the least automated and highest priced docks in the world.
Meet the Union Boss Who Shut Down U.S. Ports
On October 2, the Wall Street Journal commented Meet the Union Boss Making $900,000 Who Shut Down U.S. Ports
If you haven’t heard of Harold Daggett, by all means you should. He’s the head of the International Longshoremen’s Association (ILA) who has shut down a good chunk of American commerce by leading his workers on strike and closing East and Gulf Coast ports.
The Justice Department has brought civil and criminal charges against Mr. Daggett for conspiring with mob bosses. While he won both cases, the ILA’s port stranglehold is a racket. Workers earn $39 an hour, often for doing little. This is one reason U.S. ports rank among the least efficient in the world. Mr. Daggett is demanding $69 an hour. In 2010 he said longshoremen should make more than $400,000. Some now do with overtime.
Containerization and automation have reduced port jobs, but the union’s contract entitles longshoremen to what is effectively a guaranteed income of tens of thousands of dollars regardless of whether they work. Some local union chiefs make hundreds of thousands of dollars for doing nothing. Most U.S. workers no doubt wish they could get paid for not working.
Mr. Trump could be blaming Mr. Biden for refusing to invoke the Taft-Hartley Act to end the strike with an 80-day cooling off period. That’s what George W. Bush did to end a West Coast work stoppage in 2002.
One reason Congress passed Taft-Hartley in 1947 was to reduce the extortionary power that union chiefs held over the American economy. Mr. Daggett wants to return to those days, and Mr. Biden wants to help him. [And so does Trump]
As with PATCO air traffic controllers and the teacher’s unions, the Longshoremen’s Association has an effective monopoly on ports, arguably a genuine national security threat.
Instead of doing something about that, Trump cozied up to the union.
So, expect higher prices as a result. The same applies to steel.
Biden’s Block of Nippon Steel Merger Makes the United States Less Secure
It’s a steel monopoly that is the national security risk, not the Nippon merger.
On December 14, I commented Biden and Trump are Both Wrong on US Steel Nippon Merger
What to Expect
Currently, Trump and Biden both say they are against the deal despite the wishes of U.S. steel workers, the UAW, and common sense.
It’s a case of politics over genuine US interests.
On January 4, I wrote Biden’s Block of Nippon Steel Merger Makes the United States Less Secure
Biden blocked the Nippon purchase of U.S. Steel. Trump would have too. It’s union pandering that makes the US less secure.
Trump called the deal a threat to US security. That’s preposterous. Actually, a Cleveland Cliffs takeover would create a monopoly, raise prices, and make the US less secure.
As with the Longshoremen, the Cleveland Cliffs Earnings Statement says “We like higher prices. That’s the best thing for our companies, the best thing for our employees, the best thing for our shareholders. So, that’s why we push prices up. We go until we can’t go no more.”
Trump Announces New Tariffs on Computer Chips and Semiconductors
On January 29, I noted Trump Announces New Tariffs on Computer Chips and Semiconductors
Taiwan will not pay a dime of tariffs. US consumers will.
And it’s not like we can get advanced chips anywhere else. Thus, US customers will pay more than anyone else in the world for chips, and computers too.
How exactly is that supposed to help the US?
What is the median income covered by ss? They used to publish the number but I haven’t seen it in years. The last time I saw it, several years ago, it was around 35k. My guess is most folks don’t make much money and the social security administration is repressing the data in favor of larger family stats put out by BLS. Certainly, 170k for driving a truck is ridiculous.
Deflation is ‘The Black Swan’.
When nobody is employed, certainly deflation will rule for a hundred years or more.
welcome to AI….
Arguably labor’s power has shrunk for decades with power moving to the corporate/asset holders but pendulum looks to be swinging the other way. That being said, collective bargaining gives collective results – The dimmest workers are rewarded the same as the superstar. What could go wrong with such a system?
Only the wealthy are deserving.
You might want to read more sources than WSJ, because they are presenting a slanted point of view on this story.
Several other outlets also reported on the break between UPS and Amazon.
Just a reminder that the UPS drivers in actuality didn’t get raises to make up for inflation of 2018-2023 with the new contract, despite the press telling everyone they got “huge raises”.
Their COLA in 2024 was Z-E-R-O. Their flat raise for 2024 was 75 cents an hour, no matter their base wage rate. Their raises continue to fall behind inflation.
Well, bye.
I don’t have a beef against private sector unions because any mistakes are self correcting. In this case UPS has become uncompetitive and will now be replaced by a more competitive option. Also both sides were free to negotiate and both sides signed on to the deal.
What I’m really against are public sector unions because there isn’t a natural self correcting mechanism that doesn’t negatively affect the population at large. Public unions can take control the government through elections and then start writing blank checks to themselves and bring their cities to bankruptcy.
I read “..Also both sides were free to negotiate and both sides signed on to the deal.” and think “What about the votes?”
Teamsters president sucked up to and endorsed Trump, now they’re getting screwed. Hilarious. I hope all these people who thought a dirtbag like Trump would do anything for them enjoy the next 4 years or chaos and disintegration. Enjoy your 10 dollar eggs suckers!
Really blaming Trump huh.. contracts was negotiated in 2022 while Joe Biden was in the middle of his presidency.. believe me you look into the bidens they are truly the dirtbags.. brother who’s been dodging a judgment here in San Diego for 20 years.. vice president influence peddling around the world… Then there’s the acclaimed artist named Hunter in a thinly veiled bribery scheme.. Trump has his warts but he truly cares about the working people in this country and saving America from communist insurgents.. the people are revolting against the oppressive Progressive brown shirts and their radical ideology..
Trump purging CIA.
https://www.newsnationnow.com/politics/cia-buyout-federal-workforce-trump/
It’s about time! Woohoo!
One fellow I came across likened the past years to being one Big Truman Show.
It all is going to get exposed. Where peoples Tax dollars have been used to fund the Radical progressive agenda.
We’re getting a nice boot ready to stomp your face forever! Winning!
As an aside – amusing that Americans call Europeans socialists when US unions are much stronger. Trucking is all market driven in UK.
Personally I think that unions breed greed. However, the flip side is that there are some professions that you can’t just leave if you get screwed by the employer. Train driving is not a transferable skill for example.
I think that these type of professions should have decent pay/conditions formula related to a country’s average pay and this is set by an independent body. Getting politicians or union bosses to set pay leads to all sorts of distortions. Libertarians would hate this approach but it is an example of where you do need regulation.
its totally different, EU and UK have totally different labour laws, contracts, benefits etc.
its very unusual for a blue collar worker to have an employment contract without a union in the USA. quite common in the EU and the UK.
USA is mostly an at will country, you can be fired for the colour of your hair or anything all, you can also quit at any time without any legal recourse from the employer.
They are 2 different worlds completely. It’s almost like they are different countries….
Have a real hard time believing the UK has a strictly market-driven Trucking economy.. I mean come on they are leading the charge on thought crimes.. arresting people for Facebook posts protesting the Immigrant invasion of their country hate crimes… do not agree the politicians or union bosses set the pay.. UPS negotiated directly with the teamsters and they came to a contract agreement.. the issue is how did UPS allow themselves to be so out classed in the negotiations.. $170,000 a year for a driver granted I don’t think many new hires ever achieve that.. I’ve been with same company 20 years but occasionally I look into what other jobs pay and the contractors Amazon employees 20 25 bucks an hour.. under constant micromanaging surveillance in trucks with a heavy duty workload.. I think fairness lies somewhere in the middle of this.. Union owned UPS on this..
The 170k number is a bs number for most and was released to make the union appear stronger. That 170k is top pay (after many years) and includes all the other benefits like pension contributions and healthcare. The average driver is not pulling in anywhere near this number. Are they still overpaid for delivering packages? Maybe but it is not an easy job and most had to start out in a warehouse making peanuts before becoming a driver. It may be high compensation for unskilled labor but most do not realize how physically demanding that job is.
The other point is that UPS made the decision to cut Amazon volume, it was not Amazon’s decision. Amazon had a pretty sweet deal going with UPS. Should have dumped Amazon years ago like FedEx did.
That makes sense.. the outliers on the upside.. I had a hard time believing that figure..
In August, 2023 it was widely reported that the average full-time driver would make about $170,000 a year in pay and benefits by the end of the five-year contract.
This article puts actual wages over a year around 100k and I’m not sure how ‘benefits’ are calculated, but in my opinion the numbers aren’t as egregious as the headlines implied. Subtract taxes and union dues and the take home is not luxurious. The point about it being excessive for the job is still valid, but the ‘solution’ isn’t to have more people get ground down by working for Amazon — it’s somewhere in between.
https://www.cnbc.com/2023/08/09/ups-drivers-to-average-170000-in-pay-benefits-at-end-of-5-year-deal.html
It honestly depends on the state. For most states, “middle class” now requires a salary of $140k so $170k isn’t that out of whack. We’re not living in the 1950s, 60s, 70s, 80s, 90s or even 00s. Many people can’t seem to get past that, their sense of the world stops when they retire and everything seems more expensive but then again that’s what happens when you’re on fixed income.
https://www.cnbc.com/2024/05/16/salary-needed-to-be-middle-class-in-every-us-state.html
Guys here would shriek if they knew what my salary is right now.
Again the $170,000 isn’t earned wage, it is total compensation 3 years from now at the top end of their scale. Now throw in some OT and a driver can get to 170K today, but those drivers are still a couple orders of magnitude from the C-Suite folks.
As for your salary, they can’t imagine how much a money train conductor makes 😉
Well if you throw in the money from interest, dividends, rental properties, options trading, capital gains, and a couple of side gigs, it’s a pretty big train so the conductor deserves what he gets paid.
Can’t wait for my big tax cuts either!
not to mention t-shirts and merch sales. plus the fan club. on the down side the train always goes to the same place which isn’t that much fun after a couple of decades.
All those other things (interest, dividends, rental income etc) is not salary as you well know.
I said, “well if you throw”……
I’ve forgotten whether you are an actual salaried employee or a contractor. If you are the latter (esp if you work for yourself), your pay is likely double or triple the amount of a similar salaried worker.
I’ve found that people who work for themselves regardless of industry tend to make several orders of magnitude higher ‘salaries’ than those who work for someone else/company. For example my neighbor runs his own pool cleaning service (approximately 100/month is his fee) and he pulls in 140K a year doing that because he hustles. Another neighbor is a 1 man plumbing/electrical operation and pulls down that or more etc.
Show me a company that pays 6 figures, offers 7 weeks of vacation, and covers all health insurance costs and I’ll show you a company that can’t compete long-term (or probably even short-term).
you must be thinking of Europe. 7 weeks vacation and infinte healthcare.
You are describing public education teachers perfectly.
Preach it, serf!
“Am I the only one who thinks driving a truck and making deliveries is not worth $170,000?”
Great example of people who make way too much money. UPS & the union are to blame for this. Uncle Sam probably shares some blame as well.
And, my Lord, they’re paid $170,000 and pay no healthcare premiums? Is there a word beyond insane?
I was sure this was a misprint and that it had to be 170K OVER 5 years (roughly 35K year). But it’s not.
At the end of the deal they will make roughly 50/hr or 100K in wages. The rest is benefits (free health care, pensions, 7 weeks vacation etc).
That’s crazy money for what could be done by high school kids / college kids as part time jobs for 20/hr and they’d think they’d struck it rich. No wonder Amazon can easily beat their prices by using their own people.
No, drivers aren’t paid that. The $170K is total benefits for top of scale 3 years from now.
The great example of people making way too much money are the C-Suite folks making 400x what an entry-level worker makes.
https://www.cnbc.com/2023/08/09/ups-drivers-to-average-170000-in-pay-benefits-at-end-of-5-year-deal.html
I get that, but even with a $170K total package, it’s absolutely bonkers that they apparently have no monthly healthcare premium. A seasoned UPS driver with say 10-15 years experience shouldn’t be making more than ~$80K a year base salary.
Why? Because you say so.. I’m pretty sure Congress doesn’t have a monthly Health Care premium.. by the way thanks for capping my salary at 80,000 you’re all heart..
My salary is appropriate, however. It touches me that you put the rich above all others.
UPS has serious operational issues. We ship thousands of live plants every month. Recently, their ground economy rate became very competitive. We shipped a few thousand boxes in January. But nearly 20% of the packages delivered by UPS arrived with significant damage. We quickly had to go back to Fedex ground and Fedex home delivery. I have no idea why this is happening at UPS, but if they don’t fix this quickly, they will lose a ton of more business from large and small shippers.
thats pretty much every business in the USA, the boomers that know how to run a business are retiring at a rapid rate, and the new hires are clueless and can’t beleive they can’t stay on their phone 24/7 while on the job,,etc.
I trained a few 18-25 year olds, about 80/20 ratio, some were indeed fantastic and had a great work ethic, most just kept asking me to do their job for them, like they were 5 years old and couldn’t tie their own shoes.
These problems will cascade, basic mail service is getting unreliable between theft and the go f8ck yourself attitude at every post office. All things oscillate, we are in a down cycle due to a poor education system and ubiquitous internet since birth.
UPS is union, over paid, low quality, and too expensive. Reminds me of Detroit. Bankruptcy beckons.
Off Topic: USAID Scandal about to explode !!
Great interview about USAID with Alex Jones and Peter Bernegger. This is going to blow up hugely.
https://x.com/i/status/1886941250261069970
Ooohh. You’re all a-twitter!
Biggly…Politico was funded by USAID via “subscriptions” etc..
“Shipping industry leaders…offered dockworkers a tentative 62% pay increase over six years…” because they…”say they need to make greater use of technology to push growing volumes of cargo through seaports.”
Sixty years ago, when containerization was being introduced to US seaports, the dockworkers negotiated their new contract covering all of the normal items from every previous contract. When the shippers thought that they had reached agreement on everything, the union demanded another pay increase due to “loss of pilferage.” With everything now being inside locked containers, their ability to steal stuff was greatly reduced. They had always considered pilferage to be one of their benefits.
A good friend has been delivering for Amazon for 6 years.
He has told me how their operation works in fine detail.
That guy is working far more than a standard 40 hour week and makes less than half (he earns $70K) of the low range ($145K) that his UPS counterpart earns.
And his bonuses are often ‘un-earned’ due to mandatory shifting of routes, ‘stolen’ packages and other Amazon management shenanigans.
Amazon is predatory, from top to bottom.
They $ grind their product sellers, distribution facility workers and delivery staff.
And, starting many years ago, Amazon got US Taxpayer-funded USPS subsidized shipping rates.
When you search the dictionary for ‘RAW Predatory Capitalism’, Bezos’ Amazon is the Poster Child.
$70k is generous for unskilled labor.
A career pathway for former IRS and FBI agents IF they can drive the trucks and walk the boxes to the doors.
Agreed. My 17 year old daughter would love a 20 hr a week part time job driving a truck to make 35K a year for college.
So yeah, 70K is crazy money (never mind 170K) when you think high school / college kids could be doing that work for 15/hr and think they were making bank.
There will soon be plenty of jobs picking crops, cleaning hotel rooms or working at a meat packing plant Tim. This is the golden age.
I hope so. She (and countless other young people) needs a few student type jobs to get some real working experience.
When I was in my teens I had jobs like delivering new papers, pumping gas, bagging groceries / loading them in cars and plenty of friends had fast food jobs. That’s how we got working experience.
Strange because every time I’ve gone by a fast food place, restaurant, car wash, grocery store, etc they are all hiring. Things must be different in Florida.
Driving commercially requires health checkups, drug testing and many compliance requirements, such as Log books.
Amazon is dodging something if they can go out for 1/2 UPS.
Driving a Truck and getting it back to home base every day in one piece, is not based upon TV show Taxi.
add: There has been so much sleaze going on behind closed doors wouldn’t surprise me in least if Chinese Government been subsidizing something to Amazon so they can move product
Bezos is smart but he is not that smart, that he goes from rags to massive riches on his brains alone.
and ups has time commitments for deliveries, Amazon not so much.
Those time commitments (overnight, next morning, next afternoon, 2 day, 3 day etc.)
all require a logisitics structure and organization to sort and send things to the proper hubs, and load on the proper trucks, and traffic, vehicle breakdowns and other factors can put you off schedule when the truck must be at the hub by a definite time to make the overnight flights and trucks.
its not a guy driving around all day eating a sandwhich and whistling.
Years ago had a Class A Truck Trailer to 80,000 GVW
Needed it to move some equipment around.
Got to the point I dreaded starting up the engine as Trucks had that Big Red target on them for ticket writers such as DOT.
Those Trucks are expensive and no joke keeping them road legal.
Amazon also high-grades the routes.They don’t deliver here for instance. The big boxes come by UPS, the small ones by the post office.
Unfortunately for many, depending on where you live of course, that would be considered “Lower Class”. You’re “Out of H.S. Kids make 40K to start, and your office workers with ANY skill set make 60K to start. Any job with a defined skill set (paid for), such as dentistry, Hospital, Manufacturing (various), and others, are pushing 100K to start or rather shortly thereafter. Inflation, and Overpaid Workers from the past, are catching up with us…
its about fair if you are driving a non air conditioned dark brown truck in atlanta in the summer time. Even Ophrah could lose weight without drugs in those conditions. Then there are the maddening traffic, the trucks loaded wrong so you can’t find the next stop and if your truck is full you have to arrange to meet someone to unload into another truck or trailer.
its way more complicated then delivering the mail or pizza.
what do you do that is so valuable?
Graduated as a Software & Electrical Engineer. These days I’m the system architect for our companies software.
Most of my value is in the proprietary company and customer knowledge you obtain after working for a company for a long time.
It’s a difficult, physically strenuous job; there’s a 75% drop-out rate due to those factors.
Most men just can’t endure it.
And, the daily quotas (number of deliveries and time allowed for those deliveries) are high.
Give it a try! : )
And UPS is the very definition of an over inflated balloon that’s going to pop!
Wow. amazing, I need to buy Amazon stock on the next dip or crash. Thanks for the tip, seems Bezos knows how to run a very profitable business. If you can’t beat’em, join them.
And while you’re at it,make sure you buy some Raytheon, General Dynamics and Lockheed Martin stock too.
That way you can profit on other predatory companies’ (dealers of death) profits tooooooo!
Yippeeee
If it’s not a good deal for him he should quit.
The $145K is pay and benefits. Top end pay is about $100K, so this probably works out to pay being somewhere from $80-$100K on the low end of the range.
To KGB and TexasTim, the part-time wage according to the article I linked starts at $21/hr. The labor may be minimally skilled, but it is still labor. (and no one over 17 thinks $15/hr is great anymore. the purchasing power is around what it was for $5/hr 30 years ago)
https://www.cnbc.com/2023/08/09/ups-drivers-to-average-170000-in-pay-benefits-at-end-of-5-year-deal.html
Working himself to death for Bezos…. Heroic!
Jobs that pay over $50K are not easy.
Or easy to find.
Not here.
Are they really making 170K delivering boxes? The median income in Queens right now is $82K. Doug Heffernan (King Of Queens) is making more than double that? Doesn’t seem right:
https://www.neilsberg.com/insights/queens-county-ny-median-household-income/
No, they aren’t. The top wage is a little over 100K now, the 170K number is for total benefits at the top of the pay scale at the end of the 5-year contract (or about 3 years from now).
https://www.cnbc.com/2023/08/09/ups-drivers-to-average-170000-in-pay-benefits-at-end-of-5-year-deal.html
– Am I the only one who thinks driving a truck and making deliveries is not worth $170,000?
> Nope, and you can add: $40,000 to work at the drive thru window at a fast food restaurant to the massive list of head scratches…
– Union Reality Bites
> Not too fast… There was a time and place for Unions, but unfortunately that was many, many decades ago. They were a “Great” thing for their day. I came from a Union Family (Coke, Short Haul, etc.), but there days have come and gone now. On a side note, didn’t some Auto Unions recently make deals with the EV Crowd? My understanding is that a lot of the low rung, recent hires, and depending how deep the cuts may go, many longer term workers, that will lose everything they thought they had.
>> A “Sad Reality” is that with “Automation” and “Innovation” these old Auto Jobs for example, just are not required anymore. The Unions are passing “Rules” to Ban Innovation” for these very reasons” It’s Over unfortunately for many.
– The Wall Street Journal comments Reality Bites UPS and the Teamsters:
– It will also cut half of its delivery business with Amazon, its largest customer. Due to UPS’s rising labor costs.
> Cutting Jobs (Lower Rung; Lower Pay) to Save Jobs… Sound pretty STUPID!!!
– Meanwhile, the Teamsters chief has been threatening a strike.
> Teamster (So Called) Chiefs, have obviously “Not Learned” the New Strike Equation. “Strikes = Unemployment for Many” forget about it…
Times change throughout the World constantly. Countries and their Citizens must understand this and keep up, or fall by the wayside. It’s called LIFE!!!
The USPS stopped accepting packages from China/Hong Kong due to Trumps new de minimis changes but they started back up again supposedly? It’s total chaos. Will hurt UPS more and possibly help or hurt Amazon too.
https://www.npr.org/2025/02/05/g-s1-46542/usps-parcels-hong-kong-china
Ultimately, this will impact US small businesses that re-sell Chinese made goods but we’ll see how this pans out.
the future is upon us but the crowd can’t see it..
Many simply refuse to, but everybody eventually will be forced to. It’s all good, but only if it’s embraced, and supported!
Trump is sowing the seeds of an anti-American alliance
https://www.channelnewsasia.com/commentary/us-china-trump-tariffs-canada-mexico-trade-war-4915561
You should read the threads on http://www.reddit.com/r/buycanadian. Those guys are livid and are dumping US products like it’s the end of the world. No one believes that those tariffs won’t come back in 30 days or at some point after.
I’m eager to see what this does to American sales over the next couple of months.
Got SPY PUTS?
yeah, but there’s only about 20 people that live in Canada so how bad can it be?
besides its Reddit, thats an echo chamber inside another echo chamber, wrapped inside an echo chamber. Its a system built on posturing, outrage and poor reasoning skills.