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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 11:17 am to Bass Tiger
Posted on 3/19/24 at 11:17 am to Bass Tiger
quote:
We have several Anti Trump "conservatives" on this forum who believe free trade consists of unfettered trade, doesn't matter if the nation uses slave labor, tariffs and requires US corporations to share their industrial and manufacturing technologies, that's free trade man. Seems more like the type of trade agreements a Globalist would want rather than trade agreements that help to preserve a sovereign nation with a robust middle class.
Multinationals have done a fantastic job of selling the idea of "free trade" though think tanks, lobbyists and NGOs. Their idea of free trade puts the burden on the U.S. They don't care about selling products in the countries where they take advantage of cheap labor and no environmental regulations. They just want to sell back to America as cheaply as possible.
I can't blame them. I understand their motivation. But whatever consumer gains America makes in the short term are lost in the long term.
Posted on 3/19/24 at 11:18 am to GumboPot
quote:
Multinationals have done a fantastic job of selling the idea of "free trade" though think tanks, lobbyists and NGOs. Their idea of free trade puts the burden on the U.S. They don't care about selling products in the countries where they take advantage of cheap labor and no environmental regulations. They just want to sell back to America as cheaply as possible.
\
What products are we losing out on exporting here?
Posted on 3/19/24 at 11:20 am to GumboPot
quote:
But whatever consumer gains America makes in the short term are lost in the long term.
Exactly. It's easy to argue that in the long term, Americans are paying more for their goods than they did in the past. "Cheap" manufacturing has resulting in shorter lifespans on products and even government regulation has played a hand in encouraging more "efficiency" that has driven a disposable mindset.
When it's all said and done, we'll be left with mountains of "cheap" trash.
Posted on 3/19/24 at 11:21 am to GumboPot
quote:
Their idea of free trade puts the burden on the U.S.
How?
quote:
They don't care about selling products in the countries
Every country that we place a tariff against responds with a tariff against our goods.
If you care about American industry and American exports, you care that the US does not enact tariffs against a partner nation that we ship goods to.
quote:
But whatever consumer gains America makes in the short term are lost in the long term.
Please explain this point.
Businesses do not pay taxes. Consumers pay taxes. Taxes are just an expense on the net profit sheet.
When both countries are tariffing eachother, the only winner is the government revenue at the consumer's expense.
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