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Posted on 6/11/18 at 11:01 am to bamarep
quote:Beta’s complain about fairness.
Fair trade is fair trade
Posted on 6/11/18 at 11:01 am to 90proofprofessional
quote:Yes.
would you characterize them some other way?
Posted on 6/11/18 at 11:05 am to bamarep
This is what the Trudeau statement reminded me of
Posted on 6/11/18 at 11:06 am to NC_Tigah
quote:
As illustrated earlier, tariff levels so high as to shut down imports altogether would score as 0% on a trade-weighted basis. Yet they clearly have an effect.
Well that's not measurable; it requires a counterfactual. And your approach is even more deficient. At least mine looks at stuff that IS being traded. I mean, we're talking about average rates of between 2-20%, depending on your measure or mine, and no one's even claiming that our proposed 25% across the board tariffs will shut down steel/aluminum trade completely. We still also import trucks to the tune of eleven digits every year, despite that 25% hit.
This is not a sound basis to reject either your simple average or my trade-weighted one.
ETA I just remembered: there is one way in which the trade-weighted basis is objectively superior. The fact that many products in NAFTA are duty free up to a quota. Not possible to consider that in the simple average.
This post was edited on 6/11/18 at 11:10 am
Posted on 6/11/18 at 11:07 am to NC_Tigah
quote:
Yes.
besides "unilateral", your options are "multilateral" and "bilateral"
Posted on 6/11/18 at 11:08 am to Cruiserhog
quote:
love the Maga rhetoric from these dumbasses rep'n our country abroad during a G7 meeting
Are you biologically a woman or just identify as one?
Posted on 6/11/18 at 11:15 am to buckeye_vol
quote:
Beta’s complain about fairness.
now you did it
Posted on 6/11/18 at 11:19 am to bamarep
quote:
"I will always protect Canadian workers and Canadian interests."
Why does the world tolerate this facsist Canadian dictator?!
Posted on 6/11/18 at 11:21 am to 90proofprofessional
quote:Of course it is.
Well that's not measurable
It's more or less a terms of trade corollary. Sector demand is calculable. Cost of domestic and foreign goods is calculable. Anticipated domestic preference is calculable. Differentials with and without barrier cost are calculable.
Those calculations serve as basis for tariffs.
Posted on 6/11/18 at 11:22 am to NC_Tigah
you're describing an estimation not a measurement, and it's not even an estimate of the impact of the tariff itself
This post was edited on 6/11/18 at 11:24 am
Posted on 6/11/18 at 11:23 am to 90proofprofessional
quote:Right.
besides "unilateral", your options are "multilateral" and "bilateral"
"Unilateral" in this instance is stupid hyperbole.
Posted on 6/11/18 at 11:25 am to NC_Tigah
quote:
"Unilateral" in this instance is stupid hyperbole.
it is the precise truth
This post was edited on 6/11/18 at 11:25 am
Posted on 6/11/18 at 11:28 am to 90proofprofessional
quote:
you're describing an estimation not a measurement
We are talking economics, right?
Posted on 6/11/18 at 11:30 am to 90proofprofessional
quote:You know how silly you look right now?quote:it is the precise truth
"Unilateral" in this instance is stupid hyperbole.
Posted on 6/11/18 at 11:31 am to NC_Tigah
quote:
We are talking economics, right?
I thought we were talking about relative tariff rates
(As a distraction from our victim-playing after refusing lower tariffs under TPP, but still)
I'm about out of time until this evening, but I look forward to some more compelling arguments about how we've been stabbed in the back by this weak rogue political oaf who should totally not be taking umbrage at being accused of weakening our national security by trading with us
Posted on 6/11/18 at 11:32 am to Wildcat In Germany
quote:
This administration is so trashy and unprofessional.
So you'd rather we get bent over a barrel so long as we're always professional?
Posted on 6/11/18 at 11:32 am to NC_Tigah
quote:
You know how silly you look right now?
You can describe in great detail why an action that is unilateral by definition is not unilateral; I promise I'll be back soon
Posted on 6/11/18 at 12:33 pm to 90proofprofessional
Posted on 6/12/18 at 8:29 am to NC_Tigah
well, that was disappointing.
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