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Let's suppose Trump is right. All countries come to the table...
Posted on 4/5/25 at 1:45 pm
Posted on 4/5/25 at 1:45 pm
We negotiate full scale equal trade. 0% across the board. Big win, I suppose.
How exactly is that pushing manufacturing back stateside? Labor is still cheaper in Vietnam.
Isn't the only way to make money be to have a baseline tariff on every import?
Seems counterintuitive to target 0% tariff.
This isn't criticism, I just want to think this through a bit. And no, I don't claim to know everything and there isn't an agenda with this question.
How exactly is that pushing manufacturing back stateside? Labor is still cheaper in Vietnam.
Isn't the only way to make money be to have a baseline tariff on every import?
Seems counterintuitive to target 0% tariff.
This isn't criticism, I just want to think this through a bit. And no, I don't claim to know everything and there isn't an agenda with this question.
This post was edited on 4/5/25 at 1:45 pm
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Posted on 4/5/25 at 1:46 pm to DiamondDog
That seems to be the problem with this strategy
There is no possible way of predicting the outcome
It's a dart throwing gamble at best
There is no possible way of predicting the outcome
It's a dart throwing gamble at best
Posted on 4/5/25 at 1:48 pm to DiamondDog
quote:
We negotiate full scale equal trade. 0% across the board. Big win, I suppose.
How exactly is that pushing manufacturing back stateside?
It's not
From another thread:
quote:
If the "fair trade/zero tariff" policies are enacted, there will be no positive shift in either manufacturing or tax revenue.
If the "manufacturing back home" policies are enacted, then we won't have "fair trade/zero tariff" (and likely won't have tax revenue as the pricing pressure by the tariff policy will move to domestic manufacturing, which means our reliance on foreign imports of those goods will decline, so no tariffs collected).
If the "tariffs are funding our government" policy is enacted, we will be paying tariffs for foreign goods while hey tariff our experts and we won't be increasing domestic manufacturing (as we're paying the tariffs on imports instead)
This post was edited on 4/5/25 at 1:49 pm
Posted on 4/5/25 at 1:50 pm to Powerman
I am all for restoring manufacturing but it's kind of saying two things if your goal is 0% tariff.
I don't really understand how we accomplish restoring industry if we're negotiating 0% tariffs.
Seems like it would be easier to just say..."hey, we're matching every tariff on us. We want to drive to 0."
We seem to be working two opposite paths at once.
I don't really understand how we accomplish restoring industry if we're negotiating 0% tariffs.
Seems like it would be easier to just say..."hey, we're matching every tariff on us. We want to drive to 0."
We seem to be working two opposite paths at once.
Posted on 4/5/25 at 1:52 pm to DiamondDog
quote:
I am all for restoring manufacturing but it's kind of saying two things if your goal is 0% tariff.
There is a 3rd goal (raising tax revenue)
It's a moving target so that they don't have to commit to a goal, so no matter what Trump is right.
Posted on 4/5/25 at 1:54 pm to DiamondDog
I spoke with a vendor recently who said “we can make product for you in China and ship it over cheaper than make it here”. I said “but we only want product (architectural grade SEFA 8 casework) made with North Carolina white oak quarter sawn plywood”. He said “no problem, we can buy plywood manufactured in North Carolina, ship it to China, make the freaking wood boxes which take up A Lot of shipping space, and ship it back all cheaper than making it in the US”.
I think this is bullschitt, and can ONLY happen if China has been given trade agreements that are subsidized, and unfair to US companies. I’m betting that these practices are in place because those making agreements were lining their pockets personally. Let’s find out.
I think this is bullschitt, and can ONLY happen if China has been given trade agreements that are subsidized, and unfair to US companies. I’m betting that these practices are in place because those making agreements were lining their pockets personally. Let’s find out.
This post was edited on 4/5/25 at 1:55 pm
Posted on 4/5/25 at 1:55 pm to SlowFlowPro
I don't think it's asking much to have a direct policy with line item actions to drive the result.
I am confused on what we are trying to accomplish.
I am confused on what we are trying to accomplish.
Posted on 4/5/25 at 1:55 pm to DiamondDog
Trump has already said that every country will be dealt with differently. There are many differences between all the countries we trade with. Some have been more hostile and taken more advantage of us than others. Some are larger trading partners, some already have agreements (Canada and Mexico), etc.
Same as with folks thinking they should know every aspect of investigations into a variety of directions, we won't know every detail of Trumps plan in dealing with trading partners.
POTUS is the only elected official that every American can vote for or against. Trump won the electoral and popular vote. HE alone speaks for we the people. Let him him do what we elected him to do.
If you didn't vote for Trump, shut your pie hole and try harder in 2028!
Same as with folks thinking they should know every aspect of investigations into a variety of directions, we won't know every detail of Trumps plan in dealing with trading partners.
POTUS is the only elected official that every American can vote for or against. Trump won the electoral and popular vote. HE alone speaks for we the people. Let him him do what we elected him to do.
If you didn't vote for Trump, shut your pie hole and try harder in 2028!
Posted on 4/5/25 at 1:56 pm to DiamondDog
quote:
How exactly is that pushing manufacturing back stateside? Labor is still cheaper in Vietnam.
You forgot another input
Cost of labor + Cost of land = Cost to produce
If land and labor are cheaper in Asia, plants will not return to the USA
Posted on 4/5/25 at 1:56 pm to DiamondDog
Because besides these tariffs, other countries have barriers which make it impossible to sell America. The negotiations have to upend the barriers, VATs, or whatever you want to call it to make it friendly to buy American imports.
Coupled with 0% tariffs & making USA more business friendly
Coupled with 0% tariffs & making USA more business friendly
Posted on 4/5/25 at 1:56 pm to SlowFlowPro
quote:
There is a 3rd goal (raising tax revenue)
It's a moving target so that they don't have to commit to a goal, so no matter what Trump is right.
At some point someone here is going to throw out their back constantly moving the goal posts around
There is no clear stated objective that doesn't conflict with the other objectives
Posted on 4/5/25 at 1:57 pm to DiamondDog
quote:
I don't think it's asking much to have a direct policy with line item actions to drive the result.
I agree 100%. I want to know the actual goal.
You're likely going to get the ART OF THE DEAL nonsense responses.
quote:
I am confused on what we are trying to accomplish.
I think it's lowering their tariffs, which is the goal that has the lowest costs and benefits, I'd imagine.
Posted on 4/5/25 at 1:58 pm to lake chuck fan
quote:
Trump has already said that every country will be dealt with differently.
So we're going to negotiate 193 separate agreements in 4 years?
Posted on 4/5/25 at 1:59 pm to Powerman
quote:
At some point someone here is going to throw out their back constantly moving the goal posts around
We're 8 years into Trumpism, based around fighting "globalism", and that still hasn't been defined (for the same reasons), so don't hold your breath.
Posted on 4/5/25 at 1:59 pm to Cheese Grits
quote:
You forgot another input
Cost of labor + Cost of land = Cost to produce
If land and labor are cheaper in Asia, plants will not return to the USA
Trump might have to resort to selling off public land to make this work
He'll be in desperation mode soon enough
Posted on 4/5/25 at 1:59 pm to OccamsStubble
China, as well as EU countries subsidize their companies. This creates an unfair advantage for them over US companies. Trump is changing this
Posted on 4/5/25 at 1:59 pm to lake chuck fan
We can't dictate what other countries choose to subsidize any more than they can control what we choose to subsidize
Don't be stupid
Don't be stupid
Posted on 4/5/25 at 2:01 pm to DiamondDog
We arent removing tarrifs unless you manufacture here
Plus lowered corporate tax rate will make ppl want to be here
Plus lowered corporate tax rate will make ppl want to be here
Posted on 4/5/25 at 2:03 pm to SDVTiger
quote:
We arent removing tarrifs unless you manufacture here
I guess we can call this hybrid option 4
Posted on 4/5/25 at 2:03 pm to SlowFlowPro
quote:
There is a 3rd goal (raising tax revenue)
It's a moving target so that they don't have to commit to a goal, so no matter what Trump is right.
Or, varying goals for various industries and trade partners is the only thing that makes sense.
If someone thinks this is to bring cheap t shirt production back to the US, in scale, they are sadly mistaken and likely a blinded sycophant.
The problem people like you have is a need for absolutes to form your argument. And when all you want to do is argue, you cannot accept the fact it is impossible to put the entirety of foreign trade into a binary either/or discussion.
This post was edited on 4/5/25 at 2:05 pm
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