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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 11:21 am to momentoftruth87
Posted on 3/19/24 at 11:21 am to momentoftruth87
quote:
So you’re fine with an enemy’s plans to move into a sovereign country to undercut American business and workers?
0
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.
Posted on 3/19/24 at 11:21 am to meansonny
quote:
What company is the enemy?
In this case I believe they are BYD, Nio, Wuling, Zeekr and Xpeng.
I have no issue with them selling in the U.S. freely. But allow Tesla to be sold in China freely too. China puts a 40% tariff on Tesla.
Posted on 3/19/24 at 11:23 am to GumboPot
quote:
But allow Tesla to be sold in China freely too
How about let Tesla sort that out?
I trust them far better than government.
I'm kind of amazed at the MAGA baws who distrust the government so much pushing to expand powers over the people.
Posted on 3/19/24 at 11:25 am to GumboPot
quote:
In this case I believe they are BYD, Nio, Wuling, Zeekr and Xpeng.
I've never heard of them.
And you are saying that the vehicles are being manufactured in Mexico and shipped to the US?
Posted on 3/19/24 at 11:26 am to meansonny
quote:
And you are saying that the vehicles are being manufactured in Mexico and shipped to the US?
To take advantage of the USMCA between the U.S. and Mexico.
Posted on 3/19/24 at 11:29 am to Ricardo
quote:
When it's all said and done, we'll be left with mountains of "cheap" trash.
As opposed to expensive trash built by overpriced labor unions?
Posted on 3/19/24 at 11:31 am to GumboPot
That opportunity is there because US costs have become prohibitive do to monetary policies and regulation.
As long as our costs are prohibitive, the markets will find workarounds that skirt government restrictions.
Our inefficiencies are the reason we import so much, and bring in foreign workers.
Of course there are forces that will exploit it. Thats natural.
As long as our costs are prohibitive, the markets will find workarounds that skirt government restrictions.
Our inefficiencies are the reason we import so much, and bring in foreign workers.
Of course there are forces that will exploit it. Thats natural.
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.
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 YouKnowImRight
quote:
As opposed to expensive trash built by overpriced labor unions?
I've bid multimillion dollar industrial construction jobs to union and non-union contractors. The unions in heavy construction do not fit the "lazy" and "expensive" narrative that I have seen for other unions (Teamsters, Teachers, SEIU, etc.).
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 11:38 am to Timeoday
Get em!
Posted on 3/19/24 at 11:40 am to RogerTheShrubber
quote:
Tariffs are defacto taxes on the American consumer.
Yes.
And it's probably the most fair tax of all taxes.
In fact noted conservatives would rather a 23% consumer tax in lieu of income taxes and they call it the Fair Tax.
Posted on 3/19/24 at 11:41 am to GumboPot
quote:
And it's probably the most fair tax of all taxes.
Its punishment for wrong think.
Making the best possible financial situations for myself, which evidently isnt supported by this idea.
Posted on 3/19/24 at 11:41 am to GumboPot
quote:
I've bid multimillion dollar industrial construction jobs to union and non-union contractors. The unions in heavy construction do not fit the "lazy" and "expensive" narrative that I have seen for other unions (Teamsters, Teachers, SEIU, etc.).
If a non-union shop could build it just as well and cheaper, why wouldn't you go that route?
Most people would, and that's why the market is always right.
Everyone acting in their own self-interest is the most efficient way to move capital and product. The most efficient survive, the least efficient do not.
Posted on 3/19/24 at 11:44 am to GumboPot
quote:
In fact noted conservatives would rather a 23% consumer tax in lieu of income taxes and they call it the Fair Tax.
It's only fair in the sense that the bottom 50% actually have to pay something
ETA: Just want to say I'm enjoying discussing ideas instead of people. This is why I come to this board.
This post was edited on 3/19/24 at 11:45 am
Posted on 3/19/24 at 11:45 am to YouKnowImRight
quote:
If a non-union shop could build it just as well and cheaper, why wouldn't you go that route?
I do go that route. I'm just pointing out that union shops have won some of my jobs on low bid. All things being equal the low bid wins, union or non-union. I'm not emotionally attached to either.
Posted on 3/19/24 at 11:46 am to GumboPot
quote:
In fact noted conservatives would rather a 23% consumer tax in lieu of income taxes and they call it the Fair Tax.
Yes, because it's not selective. It doesn't give DC the power to do their little social engineering projects, give some consumers breaks while punishing others, reward selected industries while throwing the others to the wolves.
Tariffs are not universal, they're selected by the people in DC that you claim not to trust. They're tailor-made to give DC more power.
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