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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 11:32 am to meansonny
Posted on 3/19/24 at 11:32 am to meansonny
quote:
Every country that we place a tariff against responds with a tariff against our goods.
Countries do not always respond with reciprocal tariffs. For example when Trump put tariffs on steel and aluminum the Chinese responded with currency manipulation which lowered the the price of Chinese imports. (Yuan money printing made the dollar stronger.)
quote:
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:
Under the context of tariffs I have always argued that all taxes are bad. Tariffs too can be bad. Just look at Smoot-Hawley. They have to be implemented appropriately.
They are just a tool in the trade toolbox. The are a tool to get us to the fairest and freest trade possible.
4
Posted on 3/19/24 at 11:34 am to GumboPot
I
Tariffs are defacto taxes on the American consumer.
quote:
have always argued that all taxes are bad. Tariffs too can be bad
Tariffs are defacto taxes on the American consumer.
Posted on 3/19/24 at 11:35 am to GumboPot
quote:
The are a tool to get us to the fairest and freest trade possible.
"Fair" is like taxes. You have Democrats saying the wealthy should pay their "fair" share when 1% are paying 40% of the income taxes in this country.
Fair trade isn't free, and sometimes free trade isn't fair, but the market is always right.
Posted on 3/19/24 at 11:36 am to GumboPot
quote:
The are a tool to get us to the fairest and freest trade possible.
quote:
fairest
There it is.
Posted on 3/19/24 at 11:58 am to GumboPot
quote:
For example when Trump put tariffs on steel and aluminum the Chinese responded with currency manipulation which lowered the the price of Chinese imports. (Yuan money printing made the dollar stronger.)
Actually, China added additional tariffs. The retaliatory tariff on US cotton was 25%. As I recall, most of the Chinese tariffs were directed at the American farmer (who protested at the time).
quote:
The are a tool to get us to the fairest and freest trade possible.
Again, tariffs are not fair. They are not free. The inefficiencies of tariffs hurt both countries.
Why ignore hundreds of years of obvious flaws with import tariffs?
Honestly. This is settled fact by now.
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