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Message

re: 25 percent tariff on all imported goods from China will add 1 million jobs to USA

Posted on 9/4/19 at 8:30 am to
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 9/4/19 at 8:30 am to
Nucor is behind CPA and it’s sole goal is to protect the protectionist steel tariffs.

How are those tariffs working out in terms of creating jobs????
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 9/4/19 at 9:16 am to
quote:

A) I’m not complaining about the trade war; I’m complaining about Breitbart and CPA’s flimsy relationship with honesty. I’m well aware that China is our biggest geopolitical foe and I have no problem confronting them (though I do believe that there are larger issues that need confronting than just the economic ones)


Opinion... but BS


quote:

C)

quote:
I can say there won’t be a large number of jobs created by any aid.

That claim runs in diametric opposition to the paper you are defending


No.. That's your lack of reading and comprehension.

It does NOT say that the federal aid will create the JOBS. It states it will help the farmers in the crunch time. The Money from the tariffs will help pay for things like infrastructure. However it CLEARLY states:

“The tariff would stimulate domestic production, beginning with small increases in US manufacturing and escalating over time,” Ferry said in a statement. “The certainty of a permanent tariff would be more effective than today’s tariffs and speed up business decisions to move production out of China, with a portion of that production coming back home.”


In other words, keeping things smooth at home while creating an atmosphere that encourages businesses to return. When businesses can now move back on a level playing field, some will choose to.

The idea of it being permanent is it ends speculation that there could be a deal and that everybody needs to wait it out



This post was edited on 9/4/19 at 9:26 am
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 9/4/19 at 9:17 am to
quote:

Pray tell - what money is China paying? Do you mean the increased tax revenue that Americans are paying as a result of the tariffs? Because China doesn't pay a dime.



Ignorance
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 9/4/19 at 9:17 am to
quote:

CPA believes that free trade doesn't work and that America’s trade deficit is its single biggest economic problem.


You don't have free trade with China
Posted by IllegalPete
Front Range
Member since Oct 2017
7182 posts
Posted on 9/4/19 at 9:23 am to
Great post.

I'll take a book recommendation.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 9/4/19 at 9:57 am to
quote:

“The tariff would stimulate domestic production, beginning with small increases in US manufacturing and escalating over time,” Ferry said in a statement. “The certainty of a permanent tariff would be more effective than today’s tariffs and speed up business decisions to move production out of China, with a portion of that production coming back home.”



Well, a lot of you all have said that you like short-term tariffs for negotiating purposes. Are you saying you want more permanent tariffs?
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 9/4/19 at 10:13 am to
This is what the study says:

quote:

A small, steadily growing portion of US destined China production also leaves China to relocate in the US. In 2024, this reaches a total of $69 billion worth of production, equivalent to 13 percent of the 2018 level of US imports from China.


That is incredibly optimistic, to put it mildly.

Jdoc, you think 13% is coming back in 5 years? C'mon

This post was edited on 9/4/19 at 10:14 am
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 9/4/19 at 10:16 am to
quote:

Well, a lot of you all have said that you like short-term tariffs for negotiating purposes. Are you saying you want more permanent tariffs?





Sure, if they were serious about it. They are not.


And we don't need them at all. As a result, screw them and next nation up that wants access to our markets.

I have never been in favor of a nation screwing over ours.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/4/19 at 10:17 am to
the thing it's got me thinking about is, assuming Trump has two terms, just how likely it is that those tariffs are still on in 2024

probably a very, very good chance

as for this study, y'all can have at it, it's a joke
This post was edited on 9/4/19 at 10:18 am
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 9/4/19 at 10:19 am to
quote:

That is incredibly optimistic, to put it mildly.



Should the tariffs be permanent. If not, some will and some will try to hold out and hope that China continues to eat the Tariff cost by lowering their Yuan value

Posted by saints5021
Louisiana
Member since Jul 2010
19127 posts
Posted on 9/4/19 at 10:40 am to
I am literally only here to see what type of bullshite IB Chinaman comes in to spew...these threads are like the batsignal
Posted by Strophie
Member since Apr 2014
438 posts
Posted on 9/4/19 at 1:14 pm to
quote:

Ignorance


Please enlighten me on my ignorance then. What revenues are we collecting that are directly paid by the Chinese government or people as a result of the tarrifs?
Posted by Jjdoc
Cali
Member since Mar 2016
55377 posts
Posted on 9/4/19 at 1:27 pm to
quote:

Please enlighten me on my ignorance then.


You stated:Pray tell - what money is China paying?


They are. They devalued their currency to PAY for the tariffs so businesses would stay. Result, they are paying for the tariffs to maintain business.

Then you stated:

quote:

Do you mean the increased tax revenue that Americans are paying as a result of the tariffs?


This is ignorance too as explain with a washing machine being $1 cheaper this year than the year prior to Trump getting elected.

You won't find any day to day Americans complaining about soaring prices because they are not.

Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/4/19 at 1:34 pm to
quote:

They devalued their currency to PAY for the tariffs so businesses would stay. Result, they are paying for the tariffs to maintain business.

Undiluted nonsense.
Posted by AlceeFortier
Member since Dec 2016
1795 posts
Posted on 9/4/19 at 1:36 pm to
hope this is very true; but, I take anything coming from Trump's administration with a large grain of salt. But, I will gladly eat crow should this "as long as Trump wins who cares" propaganda effort by Trump actually adds to the USA economy.

USA should take care of itself first is not my issue with Trump---that is good---just do it honorably and with truth and dignity (something sorely lacking with Trump up to this point).
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 9/4/19 at 1:40 pm to
quote:

This is ignorance too as explain with a washing machine being $1 cheaper this year than the year prior to Trump getting elected.

BLS data on laundry equipment say it's up just over 11% relative to the month prior to the tariff

and the tariff didn't even apply to all laundry equipment
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 9/4/19 at 1:42 pm to
quote:

They devalued their currency to PAY for the tariffs so businesses would stay. Result, they are paying for the tariffs to maintain business.



Correct

quote:

This is ignorance too as explain with a washing machine being $1 cheaper this year than the year prior to Trump getting elected.



You answered this above. The dollar has strengthened in relation to the yuan. So consumers are paying the tariff (hence the government's surplus of tariffs evidenced by your own article). It's just that the goods got cheaper.

The problem is, of course, that American goods are becoming more expensive to the Chinese because of the reciprocal tariffs AND the exchange rate.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 9/4/19 at 1:45 pm to
And the trade gap with china is at a 6-month high

And the overall trade gap is higher than when trump took office

LINK

It's almost like tariffs don't work as intended
This post was edited on 9/4/19 at 1:47 pm
Posted by Strophie
Member since Apr 2014
438 posts
Posted on 9/4/19 at 6:49 pm to
quote:

They are. They devalued their currency to PAY for the tariffs so businesses would stay. Result, they are paying for the tariffs to maintain business.



This is not China writing a check to the United States.

quote:

This is ignorance too as explain with a washing machine being $1 cheaper this year than the year prior to Trump getting elected.


This is also not China writing a check to the United States.

So again, please explain to me how we are using China's money to pay for these things? You are factually wrong. Tariffs are paid for by Americans, full stop.
Posted by SelaTiger
Member since Aug 2016
21247 posts
Posted on 9/4/19 at 7:00 pm to
That’s not what IB said. And he’s a very intelligent dude who knows what he’s talking about.
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