-
Latest Posts
-
The smart people have to educate the child…… Walmart, Target And Home Depot CEOs Meet With President Trump To Talk Tariffs BACKGROUND The $8.5 trillion retail industry and the 132 million American households it serves are facing rapidly rising prices across the board should the proposed reciprocal tariffs be imposed. The National Retail Federation estimated tariffs could cost Americans up to $78 billion in annual spending power across six categories of goods, including apparel, toys, furniture, household appliances, footwear and travel goods. That estimate does not include food and beverage, which totaled $1.5 trillion in spending last year for off-premise personal consumption, according to the Bureau of Economic Analysis. VULNERABILITIES VARY Walmart customers have less on the line should tariffs be imposed. Only about 33% of the products it carries are sourced internationally, though China and Mexico are its most significant trading partners. On the other hand, Target imports about 50% of its merchandise, including 30% of its private label brands come from China. And Home Depot reports 50% of its goods are sourced in North America, though how much comes in from Canada is not specified. CRUCIAL QUOTE “Retailers rely heavily on imported products and manufacturing components so that they can offer their customers a variety of products at affordable prices. A tariff is a tax paid by the U.S. importer, not a foreign country or the exporter. This tax ultimately comes out of consumers’ pockets through higher prices,” said NRF vice president of supply chain and customs policy Jonathan Gold in a statement. CONSUMERS VOTE AGAINST TARIFFS American voters want government policy officials to focus on bringing down inflation and the cost of groceries as their top priorities rather than implementing tariffs to reset global trade, according to an NRF/Morning Consult survey among 2,000+ voters conducted at the end of March, before Trump’s “Liberation Day” tariff announcement. Some 76% of those surveyed expect prices to go up if tariffs are implemented. Rising prices will be a blow to all American households, but most especially to those in vulnerable communities, such as low-income households, working-class families, the elderly, families with small children, rural communities, farmers and small businesses. TANGENT Adding to worries about retail supply chains is a report that product import levels will drop sharply in May and continue to decline through the rest of the year. The NRF predicts a total net volume decline of 15% or more by year-end, which will likely mean selective product shortages on retailers’ shelves. PAYING THE PRICE OF TARIFFS American Apparel & Footwear Association CEO Steve Lamar told CNBC, “Higher prices, job losses, product shortages, and bankruptcies will be only some of the adversity the U.S. economy weathers while the President pursues this ill-advised tariff policy.”
-
Friday night Republican Party holds out Rakero Rebel for the lead . Mo sits in the trail game over 😉
-
By Paddington · Posted
i asked TAB the question and yes Trackside 1 sunday evening -
By Basil brush · Posted
Are we likely to get coverage of EV's race on trackside? -
By Harry Newshound · Posted
First Mission has a guaranteed spot in the Pimlico Special Stakes (G3) May 16, but his team has bigger plans for the 5-year-old son of Street Sense. A first career grade 1 victory. The $1 million Stephen Foster Stakes (G1) is June 28.View the full article -
By Harry Newshound · Posted
A last-out fourth in the Arkansas Derby (G1), Cornucopian returns to action in a one-mile allowance optional claiming contest at Aqueduct Racetrack April 27 with an eye on the Preakness Stakes (G1).View the full article -
By Harry Newshound · Posted
The 2025 Canadian Horse Racing Hall of Fame Thoroughbred inductees are Ivan Dalos, Builder; Marketing Mix, Female Horse; Perry Winters, Jockey; Ghostzapper, Male Horse; Mike Doyle, Trainer; and Storm Bird, Veteran.View the full article -
Get real you dickhead. He has ripped off investors, supporters, contractors and staff all his life. A real genius……
-
Putting the Obama record in perspective…..presuming you softcocks know what that means…… The Deporter-in-Chief Half a century after “Operation Wetback,” President Barack Obama became known as the “Deporter-in-Chief” by pro-immigration groups who criticized his record. But his legacy with immigration is complicated. Obama’s administration deported nearly 3 million people — more people than any other administration in history — but he also enacted programs like DACA, which provided legal protections to immigrants who had lived in the U.S. since they were children. Obama’s deportations weren’t a coordinated raid or campaign in the same way as his predecessors on this list. They came as part of an ongoing shift in U.S. policy, as both Democratic and Republican administrations have increased investments in immigration enforcement since the late 20th century. “What Obama does that’s different is he shifts the number of people who are being formally deported,” says Lytle-Hernández. Instead of departing voluntarily, during the Obama administration, more people went through the actual court process of being deported. Under his administration, Immigration and Customs Enforcement also shifted its focus to targeting recent border crossers and people with criminal convictions. During Trump’s first term, more than 1.5 million people were deported, and under his “zero tolerance” policy, his administration separated thousands of children from their parents who’d crossed the border illegally. Meanwhile, President Joe Biden is on track to match Trump’s deportation record by the end of his term on Jan. 20. If he keeps his 2024 campaign promises, Trump will likely deport even more over the next four years.
-
By Harry Newshound · Posted
Colonial Downs, in New Kent, Va., will host an eight-race Claiming Crown Preview Day.View the full article -
By scooby3051 · Posted
3rd entry...maybe one can hit it.... Scooby Race 1 - MARSH RACING-GOOD LUCK "EV" 2400 2 - Zackery Race 2 - SADDLERY WAREHOUSE CAMBRIDGE MILE 15 - Another Floozie Race 3 - CAMBRIDGE EQUINE HOSPITAL 3YO 1 - Erin Go Bragh Race 4 - CAMBRIDGE RACEWAY 2YO 3 - Argo Race 5 - HUTTON CONTRACTING 1400 10 - Channel Surfer Race 6 - WINDSOR PARK STUD CAMBRIDGE BREEDERS' STAKES 9 - Archaic Smile Race 7 - ALLIED SECURITY 1200 6 - Swindle Race 8 - TRAVIS STAKES 7 - Manifique Race 9 - MANELINE CAMBRIDGE 1400 2 - Butterfield Charity of choice Saving Hope Foundation Dog rescue -
By scooby3051 · Posted
2nd Entry Scooby Race 1 - MARSH RACING-GOOD LUCK "EV" 2400 3 - Rainbow Delight Race 2 - SADDLERY WAREHOUSE CAMBRIDGE MILE 15 - Another Floozie Race 3 - CAMBRIDGE EQUINE HOSPITAL 3YO 1 - Erin Go Bragh Race 4 - CAMBRIDGE RACEWAY 2YO 3 - Argo Race 5 - HUTTON CONTRACTING 1400 4 - Lux Libertas Race 6 - WINDSOR PARK STUD CAMBRIDGE BREEDERS' STAKES 9 - Archaic Smile Race 7 - ALLIED SECURITY 1200 6 - Swindle Race 8 - TRAVIS STAKES 8 - Val Di Zoldo Race 9 - MANELINE CAMBRIDGE 1400 2 - Butterfield Charity of choice Huntington’s Association-Wellington Branch -
By scooby3051 · Posted
Ist of 3 entries Scooby Race 1 - MARSH RACING-GOOD LUCK "EV" 2400 6 - Gentian Blue Race 2 - SADDLERY WAREHOUSE CAMBRIDGE MILE 17 - Lucky Coral Race 3 - CAMBRIDGE EQUINE HOSPITAL 3YO 8 - Peerless Race 4 - CAMBRIDGE RACEWAY 2YO 3 - Argo Race 5 - HUTTON CONTRACTING 1400 10 - Channel Surfer Race 6 - WINDSOR PARK STUD CAMBRIDGE BREEDERS' STAKES 9 - Archaic Smile Race 7 - ALLIED SECURITY 1200 10 - Candle Race 8 - TRAVIS STAKES 7 - Manifique Race 9 - MANELINE CAMBRIDGE 1400 2 - Butterfield Charity of choice Sisters Of Compassion Wellington Soup Kitchen -
By scooby3051 · Posted
Its actually better than Hastings in my opinion and with a good surface now, only thing is the weather for the spring. -
Nice and subtle , just take one of the G1s this season , why??? The triple crown starts too early anyway so just put it back 3 weeks and run the first at Trentham or Awapuni . This line about northern horses using it as a launch pad to Australia is a faded old wife's tale .
-
By sunlineboy · Posted
I don't want to be negative, but Awapuni being a Group 1 venue? I've always seen it as a good provincial track with limited facilities, but haven't been there for a long time. -
By scooby3051 · Posted
Awapuni relaunch could see Group 1 bonuses next season www.nzherald.co.nz “When the track was pulled up we saw the drains on that home bend just weren’t working,” explains Taylor. “But that wasn’t the only issue and the whole track was pulled up and re-laid. “The track now has a better camber and the drainage is so much better. “It has been a long process so we are thrilled to be back.” Relaunching a newly-laid turf track can be a nervy process in this age of way too many race meeting cancellations but Taylor and his team are confident the Awapuni track is ready to go back to work. “I’d estimate we have had 500 horses gallop over the new surface,” he explains. “We have had jumpouts and trials and we have around 200 horses trained here using it for at least some of their work. “So it has had a lot of hooves go over it and the reports are all really positive. “We had 30 horses gallop here on it on Tuesday and even after a fair bit of rain their riders were saying it was no worse than a soft 6. “The main change is the drainage. We now have lateral drains that go right across the track and it has changed every thing.” The relaunch will be highlighted by the $80,000 Manawatū ITM Anzac Mile featuring Group 1 winner He’s A Doozy while there will be an after party to celebrate the return of grass track racing to the track. The new surface will have another grass track meeting next month before the turf track is rested for the winter, with the synthetic track to be used. But the new, improved Awapuni could be in for two huge Group 1 bonuses next season with the last two legs of the Group I Triple Crown usually held at Hastings almost certainly heading to Awapuni. With the future of the Hastings track still under a cloud the draft calendar for next season tentatively has the first of the G1 treble, the Tarzino Trophy, down to be run at Ellerslie before both the 1600m and 2000m legs being staged at Awapuni. The 1400m Group 1 being held at Ellerslie makes sense as it is closer to the elite horse population and that race can sometimes be used as a launching point for trainers wanting to head to Australia. But the latter two legs being staged at Awapuni would keep Group 1 racing in the Central Districts for spring, if in fact that draft of the calendar becomes the official version at the next New Zealand Thoroughbred Racing calendar meeting in May. While the Triple Crown of Group 1s being moved to Ellerslie and Awapuni may alarm Hawke’s Bay racing fans, the Herald understands NZTR will make an announcement in coming weeks about the future of racing at Hastings. -
By scooby3051 · Posted
Just reading on NZ Herald the Spring Triple Crown will be shared between Ellerslie and Awapuni....The first leg at Ellerslie and the last two at Awapuni...slowly more and more races taken from the CD. Looks Like Hastings not in the plan at the moment either. -
By scooby3051 · Posted
Knew he would not answer the questions as he is wrong. He can not answer either question as the facts dont back up what he said.
-
-
Like & Follow Us on Facebook
-
RaceCafe News
-
Featured Video
-
Topics
-
Disclaimer
While the owners and managers of RaceCafe endeavour to moderate and control the site and posts on it, they give no guarantee that posts are true and correct, and take no responsibility whatsoever for what individuals post on the site.
Posts do not necessarily reflect the sentiments, views or beliefs of Race Cafe or its owners and management.
The owners and managers of RaceCafe reserve the right to remove posts from the site and to provide details of members whose posts warrant scrutiny.