President Donald Trump on Wednesday acknowledged that his tariffs could result in fewer and costlier products in the United States, saying American kids might “have two dolls instead of 30 dolls,” but he insisted China will suffer more from his trade war.

    • LifeInMultipleChoice@lemmy.dbzer0.com
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      2 months ago

      Not sure man, my vehicle threw a rod and I am struggling to find financing to get a used vehicle until I make the money to figure out a long term solution. Partner checked FB marketplace because I don’t have an account, I checked Craigslist, and the dealers near me can’t seem to make a loan work with $1000 down on vehicles listed at $15k. Found one car selling for under 10k, but it has 95k miles and everything online seems to say it has a 135k mile average lifespan. So when you don’t know how the people before you drove it, and it’s got a 3rd party exhaust on it, I have to assume my extremely (55-60 mile) drive to work will leave me stranded on the side of the road by the end of the year still owing money on it unless I scrape the barrel everywhere in my budget and somehow sell it for nickles in 6 months trying to trade it in for something half way better. Maybe I can get arrested when I become homeless and die in jail instead of on the street.

      • CmdrShepard42@lemm.ee
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        2 months ago

        Go to credit unions around you and apply for a loan yourself. You shouldn’t ever rely on dealerships to find financing for you. Interest rates are awful right now but with your commute you need something reliable and fuel efficient (like a Camry or Corolla).

        • LifeInMultipleChoice@lemmy.dbzer0.com
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          2 months ago

          Yeah, I was hoping to finance a 2018 Subaru Crosstrek with 70k miles on it. Out the door was ~18. They shot that down pretty quick. I’ll figure out something, didn’t see any decent shape Toyotas around, small town

            • idiomaddict@lemmy.world
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              2 months ago

              I once bought a 1990 Nissan Sentra for $700 in 2013, then sold it ten months later for $700. I had to pay for gasoline and oil, but that’s it. It was a totally functional car, it was just absolutely tiny and didn’t have airbags, so I didn’t really want to keep driving it.

                • idiomaddict@lemmy.world
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                  2 months ago

                  I think it was a three speed automatic, lol. It felt like it weighed about 250 kg, but it was actually pretty manageable in the snow because it was so easy to get back in control once you’d lost it.

            • boydster@sh.itjust.works
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              2 months ago

              Presently rocking a Versa here with 215k miles right now and it doesn’t want to quit. It just keeps going.

              (Not a CVT though, not sure if that’s the difference)

        • idiomaddict@lemmy.world
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          2 months ago

          The last time I was looking (~6 years ago), banks were unwilling to offer and very judgmental about my request for a loan on a used car. They said loans were for new cars and the bank isn’t a replacement for a little financial know-how. I only went to two banks and one credit union, because I got tired of being condescended to, but the dealership said that they hadn’t heard of used car loans from a bank before (could be a lie).

          • teamevil@lemmy.world
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            2 months ago

            I absolutely have used a credit union loan to finance a used car. They had rules…less than ten years, 85000 miles or something, but definitely did the loan. At the time anything under 7000 was considered a personal loan and had a higher interest rate.

            Good luck.

            • idiomaddict@lemmy.world
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              2 months ago

              Yeah, it’s very possible that I just hit bad luck with the banks and the dealership lied, or maybe it’s location dependent 🤷

      • SupraMario@lemmy.world
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        2 months ago

        Why are you looking at dealers? Plenty of Camrys and Accords out there. They will do 400k miles easy. Ask private seller if they’re willing to do a inspection, find a mechanic that’ll do one for you and then meet at their shop.

  • chiliedogg@lemmy.world
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    2 months ago

    Even if this were true, a policy that hurts everyone isn’t sucessful just because someone else suffers more than you.

    • Lembot_0002@lemm.ee
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      2 months ago

      If your suffering is negligibly small and your opponent’s – critical for him, then you can demand something.

      Imagine a war where all sides are losing soldiers but one side is winning.

      But in the case of China I’m not sure who will suffer more in the long run.

      • Viking_Hippie@lemmy.dbzer0.com
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        2 months ago

        But in the case of China I’m not sure who will suffer more in the long run.

        Consumers in both countries, as it always is with tariffs.

        • Lembot_0002@lemm.ee
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          2 months ago

          I doubt that Chinese customers depend much on imports from the USA. They might feel the overall slowering the economy until China finds a new destination for its goods, but that’s it.

          • Rin@lemm.ee
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            2 months ago

            Well, they need work in factories which produce goods for the US customers. If no one is going to buy those goods, these people will be out of a job.

            src

            • Lembot_0002@lemm.ee
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              2 months ago

              until China finds a new destination for its goods

              Yes, but the USA isn’t the only market. It was convenient because of its size, but nothing irreplaceable.

  • skozzii@lemmy.ca
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    2 months ago

    China’s economy is still projected to grow while US heads to recession , this guy tries to create his own reality everywhere he goes.

    • WanderingThoughts@europe.pub
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      That’s kinda how he rolls. Just ignore reality and bully everyone that says otherwise until people are too tired of it and change reality to what he says it is.

    • Tja@programming.dev
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      2 months ago

      Which was known long before the election. So people better get used to play with two dolls.

  • doctortofu@reddthat.com
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    2 months ago

    Because that’s what it’s all about - someone else suffering more. The objective is to increase the amount of suffering in the world, since we clearly don’t have enough of it just yet, but making sure others suffer more than us. Because trying to make it so that everyone suffers less is communist, unamerican and bad, I guess…

    • Tiger666@lemmy.ca
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      2 months ago

      “trying to make it so that everyone suffers less is communist…”

      Truth has never been better said.

  • RedWeasel@lemmy.world
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    2 months ago

    I don’t think most kids get 30, but is he already talking about how Christmas is going to be? Tomorrow is May 1st. That is 7 months away.

  • circuitfarmer@lemmy.sdf.org
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    2 months ago

    Nothing like a rich guy who has never known struggle to tell everyone else they need to struggle because he’s a moron

    • GoofSchmoofer@lemmy.world
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      2 months ago

      This speaks to a broader issue -

      whenever there is an economic crisis, whether manufactured by trump or created in other ways, its never the rich that have to sacrifice its only the middle and lower classes. And when the wealthy are ever asked to sacrifice in the form of higher taxes they get pissed off and call everyone else a “taker” of their money.

      I genuinely believe that most people understand this but our collective voices have been muted, manipulated and managed by some in positions of power.

  • socphoenix@midwest.social
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    “People are worried, even some people who voted for you, saying ‘I didn’t sign up for this.’ So how do you address those concerns?” ABC host Terry Moran asked Trump.

    “They did sign up for it, actually, and this is what I campaigned on,” Trump replied. He added, when questioned about price increases on electronics, clothing and homebuilding, that “China probably will eat those tariffs.”

    Man I hope democrats use that ammunition he left sitting there for the next 80 years.

      • WanderingThoughts@europe.pub
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        2 months ago

        Sounds like something he would say.

        “You’ll see. They’ll pay us to receive their products. Soon they’ll pay us. And then we’ll have more dolls than we know what to do with. We’ll have so many dolls.”

  • TrickDacy@lemmy.world
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    2 months ago

    Everyone knows the goal of running a country is to make people suffer. Not to accomplish anything positive. That would be GlObAlIsM

    • can@sh.itjust.works
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      2 months ago

      Because that’s the eye-catching part of it? The ridiculous quote is why we’re here.

      • Ambiance6195@lemmy.dbzer0.com
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        2 months ago

        It is. And it just further proves he doesn’t know what he’s talking about. China might take a hit, but the us is going to be drastically worse off.

    • CosmoNova@lemmy.world
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      2 months ago

      I honestly think they might because of how Xi operates but this isn‘t a contest. It‘s just reckless and destructive.