It's not that people 'don't get it' it's that fact that me along with others don't see his long game (with tarriffs specifically) working out in favor of the US and middle American.Do people seriously not get him yet? He doesn’t believe tariffs are the greatest, he uses crazy talk to move people in his direction. You can certainly argue if it is effective or not though.
His long game is no tariffs. He’s trying to push other countries hard (ones that have placed tariffs on the US in the past with us bending over and taking it). He threatens tariffs with the goal being to have the country remove theirs against us.It's not that people 'don't get it' it's that fact that me along with others don't see his long game (with tarriffs specifically) working out in favor of the US and middle American.
We can just end this thread here. People that don’t get the first line should excuse themselves from the convo.china is walking across the globe unopposed
and doing it with our cash
in a ginned economy
you wanna nuke them
or direct their resources towards a trade imbalance?
His long game is no tariffs. He’s trying to push other countries hard (ones that have placed tariffs on the US in the past with us bending over and taking it). He threatens tariffs with the goal being to have the country remove theirs against us.
Again, effectiveness can be argued for sure, but it is quite easy to see what he is doing and what the end game goal is.
I'm not sure China and other trading partners will crumble and beg for no tariffs now like they may have in the past.His long game is no tariffs. He’s trying to push other countries hard (ones that have placed tariffs on the US in the past with us bending over and taking it). He threatens tariffs with the goal being to have the country remove theirs against us.
Again, effectiveness can be argued for sure, but it is quite easy to see what he is doing and what the end game goal is.
Trade war creates a demand problem for China, not a supply problem.I'm not sure China and other trading partners will crumble and beg for no tariffs now like they may have in the past.
China's state subsidized industries are probably better suited for a trade war right now than ours are. After all, it's their availability of cheap labor that has given them a sizable market share of production. They give no shits if their people are poor and hungry. The leadership can't be voted out of office.
Huh?Trade war creates a demand problem for China, not a supply problem.
Trade war creates a demand problem for China, not a supply problem.
@Medic007 i believe he is inferring that adding tariffs on Chinese goods increases the prices to US consumers which would alter buying habits (either by making US goods look better or simply buying less stuff). China will be able to supply the same volumes but the demand will drop.Huh?
I think what he's saying is the tariffs will raise the prices on imported products from Chine. Higher prices will result in lower demand. (If that's what he's saying, he's right.)Huh?
Beat me to it!@Medic007 i believe he is inferring that adding tariffs on Chinese goods increases the prices to US consumers which would alter buying habits (either by making US goods look better or simply buying less stuff). China will be able to supply the same volumes but the demand will drop.
I don't disagree with that. I wasn't talking about supply and demand specifically. I was talking about the economic impact of any industry downturns and consumer cost issues related to tariffs. Any decrease in demand won't phase China much. Decreased demand for US products won't be as easy for us.@Medic007 i believe he is inferring that adding tariffs on Chinese goods increases the prices to US consumers which would alter buying habits (either by making US goods look better or simply buying less stuff). China will be able to supply the same volumes but the demand will drop.
You are correct that China won't suffer much from the retaliatory tariffs they put on imports.I don't disagree with that. I wasn't talking about supply and demand specifically. I was talking about the economic impact of any industry downturns and consumer cost issues related to tariffs.
I disagree. China’s entire economy is built on selling cheap shit around the world, but primarily in the US. The US consumer can absorb small increases, but not not large increases. It will be a battle of wills though...as the US consumer would be hurt (offset a little by increased US supply) as would the Chinese economy. Who blinks first? Probably the US...but who knows.I don't disagree with that. I wasn't talking about supply and demand specifically. I was talking about the economic impact of any industry downturns and consumer cost issues related to tariffs. Any decrease in demand won't phase China much. Decreased demand for US products won't be as easy for us.
Gotta give him credit for taking steps to offset the impacts his trade policy is having. If Bill Clinton/W Bush would have done this in the first place, we wouldn't have this mess.These tariffs are destroying farmers in Iowa. So today he announces that he is going to use our tax money to give them millions in financial relief.
Before the tariffs they were looking at a record setting year. How is this winning?
I'm not following you. Are you saying Clinton/Bush should have taxed the Iowa farmers (tariffs are nothing more than taxes) so he could give them bailouts to offset the taxes they had to pay?Gotta give him credit for taking steps to offset the impacts his trade policy is having. If Bill Clinton/W Bush would have done this in the first place, we wouldn't have this mess.
No I am saying when US liberalized trade policy in the 90s 00s and displaced workers across the country, more step should have been taken to ensure their communities stayed strong and that jobs were available.I'm not following you. Are you saying Clinton/Bush should have taxed the Iowa farmers (tariffs are nothing more than taxes) so he could give them bailouts to offset the taxes they had to pay?
Oh, I see. What steps should have been taken?No I am saying when US liberalized trade policy in the 90s 00s and displaced workers across the country, more step should have been taken to ensure their communities stayed strong and that jobs were available.
Industrial policyOh, I see. What steps should have been taken?
These tariffs are destroying farmers in Iowa. So today he announces that he is going to use our tax money to give them millions in financial relief.
Before the tariffs they were looking at a record setting year. How is this winning?
Pardon my ignorance, but what is industrial policy?Industrial policy
The left should love these moves. They won’t though because of TDS.Isn’t this kind of....socialism?
Left has already chimed in in favor of it in this thread.The left should love these moves. They won’t though because of TDS.
Policies for supporting domestic industry. In this case it would include encouraging the production that was replacing manufacturing being lost to locate in communities losing the manufacturing jobs. building infrastructure in these communities to give them competitive advantages in high tech industries. Etc.Pardon my ignorance, but what is industrial policy?
You are a bit different, I’ve not seen TDS from you and you seem very consistent.Left has already chimed in in favor of it in this thread.
Will they suffer much from the retaliatory tariffs we put on imports? Actual question.You are correct that China won't suffer much from the retaliatory tariffs they put on imports.
Yes most of the suffering on both sides if the Pacific will be due to tariffs imposed by the US on Chinese goods.Will they suffer much from the retaliatory tariffs we put on imports? Actual question.
Policies for supporting domestic industry. In this case it would include encouraging the production that was replacing manufacturing being lost to locate in communities losing the manufacturing jobs. building infrastructure in these communities to give them competitive advantages in high tech industries. Etc.
Liberalizing trade creates a GDP/welfare windfall does it not?
For starters, tax breaks for plants that locate in affected areas.What would the "encouragement" consist of beyond "building infrastructure" which I assume means building the plants with government largess and the roads to them, and utilities for them?
NoAlso, would this encouragement include communities that had seen an employment downturn because of automation?
It wouldn't require any claims, it was quite obvious which areas and industries were affected by NAFTA and Chinese WTO membership.Or would it only apply to industries that claim foreign competition has caused the unemployment?
Federal government pays for it and administers it.Who pays for the encouragement, local, state or federal - or all three? Who would administer it? Would the encouragement be denied to plants that wanted to automate?
Aren’t you in favor of handouts, or is it just when you receive them?