#us trade

[batcavescolony]

Katniss is such an unreliable narrator. She says "Then something unexpected happens. At least, I don't expect it because I don't think of District 12 as a place that cares about me" girl you deliver strawberries to the Mayor, you hunt and trade for the district, when you fell at Prim being chosen someone caught you, when you went to Prim people parted for you, when you volunteered EVERYONE stopped. Idk how to tell you but I think you're a pillar of the community.

[resist-the-oligarchs]

Just like the ignorant idiots who voted for Brexit in Britain...

...British imports and exports all cost us more, raising our cost of living overnight.

[chiptrillino-art]

(ID in ALT text) ArtTrade with the very sweet @die-auster ! thank you for sparking back my obsession with this blue guy here!

Please check out their amazing works here! 1 . 2 . 3.

[hyolks]

al's the kinda guy to wear sweater vests and oxfords <3

[egophiliac]

ANNIVERSARY GROOVY BOYBAND! THEY ALL LOOK SO GOOD, I also love the hades reference with idia! Ik ur probably really swamped with the book 7 brain rot but I wanted to know ur thoughts. I also wanted to mention that I am so card deprived I feel like I need a replacement event to take tsumderlands place

AUGH NO I LOVE THEM. 😭 UGH now I really have to think about if I want to try pulling for Grim again. dangit. heck. I already got his little pedestal to add my guest room shrine, but...now I kinda need the boss himself...

also, the implications of it not being an OB thing, Idia can just. Do That? apparently? do you think he ever just sometimes does it by accident? what am I saying, he absolutely sometimes does it by accident.

gosh though. this event has been SO cute in general! I was wondering who'd get the focus for year 5; I could not be happier that the answer is apparently EVERYBODY. :D all the dorms get their own special songs! so many cute little scenes!!! the lowest of stakes bringing out the highest of pettiness in everyone!!!!!! it's excellent.

(also, because I will make literally anything about my diaboys...I know these events are typically sorta, let's say chronologically unmoored with regards to story. but the further implications that this takes place pre-episode 7/Malleus' Big Existential Crisis, and yet...some of these lines?)

[raviollies]

Just who are you, Councilor Medarda?

[batboyblog]

To be clear I don't want a trade war with Mexico (or even China)

but Trump breaking our relationship with Canada, Canada, our ever friendly, dependable, helpful brothers to the north, is particularly hurtful. It feels like an abusive step-father banning you from a favorite cousin's house because they want to isolate you to keep beating you. It's painful and heart breaking and your cousin keeps asking you to explain and you can't.

sorry Canada, I didn't vote for him, I campaigned against him hard, but a bunch of idiots voted to blow up everything and hurt everyone so do what you have to do, maybe if you inflict maximum pain some people will wake up.

and to Americans reading this, I can't over stress we have FOREVER damaged our relationship with our neighbor, biggest trading partner, military and strategic ally, we fought WWII with them guys, and they are NEVER gonna look at us the same way again. We might repair the relationship in future but it'll never be as full a friendship as it was last month.

[destiel-news-network]

(Source)

Among other imports, America gets ~30% of its coffee from Colombia.

[reasonsforhope]

Federal regulators on Tuesday [April 23, 2024] enacted a nationwide ban on new noncompete agreements, which keep millions of Americans — from minimum-wage earners to CEOs — from switching jobs within their industries.

The Federal Trade Commission on Tuesday afternoon voted 3-to-2 to approve the new rule, which will ban noncompetes for all workers when the regulations take effect in 120 days [So, the ban starts in early September, 2024!]. For senior executives, existing noncompetes can remain in force. For all other employees, existing noncompetes are not enforceable.

[That's right: if you're currently under a noncompete agreement, it's completely invalid as of September 2024! You're free!!]

The antitrust and consumer protection agency heard from thousands of people who said they had been harmed by noncompetes, illustrating how the agreements are "robbing people of their economic liberty," FTC Chair Lina Khan said. 

The FTC commissioners voted along party lines, with its two Republicans arguing the agency lacked the jurisdiction to enact the rule and that such moves should be made in Congress...

Why it matters

The new rule could impact tens of millions of workers, said Heidi Shierholz, a labor economist and president of the Economic Policy Institute, a left-leaning think tank. 

"For nonunion workers, the only leverage they have is their ability to quit their job," Shierholz told CBS MoneyWatch. "Noncompetes don't just stop you from taking a job — they stop you from starting your own business."

Since proposing the new rule, the FTC has received more than 26,000 public comments on the regulations. The final rule adopted "would generally prevent most employers from using noncompete clauses," the FTC said in a statement.

The agency's action comes more than two years after President Biden directed the agency to "curtail the unfair use" of noncompetes, under which employees effectively sign away future work opportunities in their industry as a condition of keeping their current job. The president's executive order urged the FTC to target such labor restrictions and others that improperly constrain employees from seeking work.

"The freedom to change jobs is core to economic liberty and to a competitive, thriving economy," Khan said in a statement making the case for axing noncompetes. "Noncompetes block workers from freely switching jobs, depriving them of higher wages and better working conditions, and depriving businesses of a talent pool that they need to build and expand."

Real-life consequences

In laying out its rationale for banishing noncompetes from the labor landscape, the FTC offered real-life examples of how the agreements can hurt workers.

In one case, a single father earned about $11 an hour as a security guard for a Florida firm, but resigned a few weeks after taking the job when his child care fell through. Months later, he took a job as a security guard at a bank, making nearly $15 an hour. But the bank terminated his employment after receiving a letter from the man's prior employer stating he had signed a two-year noncompete.

In another example, a factory manager at a textile company saw his paycheck dry up after the 2008 financial crisis. A rival textile company offered him a better job and a big raise, but his noncompete blocked him from taking it, according to the FTC. A subsequent legal battle took three years, wiping out his savings. 

-via CBS Moneywatch, April 24, 2024

--

Note:

A lot of people think that noncompete agreements are only a white-collar issue, but they absolutely affect blue-collar workers too, as you can see from the security guard anecdote.

In fact, one in six food and service workers are bound by noncompete agreements. That's right - one in six food workers can't leave Burger King to work for Wendy's [hypothetical example], in the name of "trade secrets." (x, x, x)

Noncompete agreements also restrict workers in industries from tech and video games to neighborhood yoga studios. "The White House estimates that tens of millions of workers are subject to noncompete agreements, even in states like California where they're banned." (x, x, x)

The FTC estimates that the ban will lead to "the creation of 8,500 new businesses annually, an average annual pay increase of $524 for workers, lower health care costs, and as many as 29,000 more patents each year for the next decade." (x)

Clearer explanation of noncompete agreements below the cut.

Noncompete agreements can restrict workers from leaving for a better job or starting their own business.

Noncompetes often effectively coerce workers into staying in jobs they want to leave, and even force them to leave a profession or relocate.

Noncompetes can prevent workers from accepting higher-paying jobs, and even curtail the pay of workers not subject to them directly.

Of the more than 26,000 comments received by the FTC, more than 25,000 supported banning noncompetes. 

[davidaugust]

Eggs are now scarce and expensive, and he's placing tariffs and sanctions on Colombia, the largest trading partner with the US for coffee. So coffee prices will skyrocket.

Did he forget he's president of a country that started a revolution over taxes on our breakfast beverage.

He's not sharp. ☕ 🍳

[hootyhoowoo]

*dj khaled voice* another one

my half of my art trade w @ace-shenanigans !!! As requested- some doodles of my first wife, Shen Jiu.

[axioscreditbank]

As per the recent news, US trade officials have visited Taiwan to start off four days of negotiations over a proposed trade arrangement that has drawn resistance from the People’s Republic of China.

The meeting which is scheduled between US and Taiwanese negotiators in Taipei marks the first formal discussion over a text of a trade agreement after a beginning round of meetings in November. The discussion will be focused on proposed deals covering anti-corruption standards, trade by SMEs, administrative practices, and trade assistance.

As the U.S. and Taiwan agree in some of these areas, the two sides may declare independent arrangements regarding those subjects for what Taiwanese authorities called an “early harvest” as momentum works towards an extensive trade agreement. These two areas that have demonstrated more challenges between the US and Taiwan are - agriculture & digital trade which are likely to take longer to discuss.

The potential trade agreement between Taiwan and the US has disturbed Chinese authorities, a representative for the Chinese Embassy blamed Americans for “wrongdoings” by even arranging the deal, as per reported.

“China is consistently against any nation arranging economic and trade accords of sovereign implication or official nature with China’s Taiwan region.” as per the representative.

The PRC (People's Republic of China) considers Taiwan as a rebel, breakaway territory, irrespective of the fact that it has never ruled the democratic, self-governing island country since the Chinese Communist Party held onto control of the mainland in 1949 following a 22-year civil war. Chinese leader Xi Jinping and other senior CCP authorities have repeatedly declined to rule out the use of power to bring about Taiwan’s “reunification” with the PRC.

Originally published at https://www.axioscreditbank.com

[careydraws]

a piece of wisdom that I am genuinely embarrassed by how long it took me to pick up on but also, it's funny,

this is from Just the Good Bits, a collection of selected journal comics from 2023! you can sign up for my mailing list to be notified when my webstore opens to snag one.

YES I KNOW ABOUT SHIFT CLICK; this is good for when you need some pressure input/ line weight variation in your straight lines. both are useful!!

[in4newz]

[vitreouspositive]

that moment in tfone. but shattered glass. whoever sold the idea of canonising alternate universes??? actual genius.