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re: Do you think it is fair that Chinese automakers can use Mexico to ship cars tax free?
Posted on 3/19/24 at 10:57 am to GumboPot
Posted on 3/19/24 at 10:57 am to GumboPot
quote:
Look I want less central planning like all good libertarians but I'm not going to sit by and allow Xi to f' us.
Forget about Xi.
Orange wants to be known as "tariff man". The 10% universal baseline import tax he has floated on numerous occasions will pretty much be a disaster.
Is Trump wrong here with "universal baseline" or is he right?
1
Posted on 3/19/24 at 11:11 am to frogtown
quote:
Orange wants to be known as "tariff man". The 10% universal baseline import tax he has floated on numerous occasions will pretty much be a disaster.
Is Trump wrong here with "universal baseline" or is he right?
It's a negotiating tool.
When you are sitting at the table across from a potential trading partner or business partner why would you remove a leverage point before you even sit down?
IT MAKES ZERO SENSE.
Why would you place yourself in a weaker negotiation position from the start? It's just dumb and our politicians besides Trump have been doing this for decades (because the U.S. Chamber of Commerce who represent multinationals tell them to not use tariffs as a negotiation leverage point because they want cheap labor in foreign countries and sell back the the U.S. consumers with no taxes).
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