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Started By
Message
re: Mark Levin on Tariffs
Posted on 7/25/18 at 10:10 am to dewster
Posted on 7/25/18 at 10:10 am to dewster
quote:
Them having reduced access to the American consumer market is a huge problem, and they are very well aware that they aren’t the only place to obtain cheap labor.
Here's the deal, the Chinese are not innovators, but we are. The competition should breed innovation on our part to overcome their shitty policies.
Protecting the status quo stifles innovation
1
Posted on 7/25/18 at 10:11 am to CorporateTiger
quote:
I’m glad there are still a few sane people in here.
ITT Conservatives largely believe that other country’s higher taxes justify raising domestic taxes.... what a fricking world.
If you let them keep going, they will finally admit they are willing to fight a war to change domestic policy in foreign countries.
Posted on 7/25/18 at 10:12 am to brian_wilson
quote:
NAFTA discussions took like 12 years to complete. These things aren't done in a month or two.
And it features massive loopholes allowing the backdoor importation of imports into the US through Canada under our agreement with them.
quote:
well I think you have to sit down at the table with them, and discuss it in depth.
That’s what these tarriffs are trying to incentivize.
quote:
Have some sort of proposal that is realistic option to choose with flexibility to move closer to the middle.
And you are certain that we aren’t doing that now?
Posted on 7/25/18 at 10:12 am to dewster
quote:
China needs to industrialize rapidly. They have a massive demographic problem (caused by policies that are unthinkable in the US) that is pushing their leadership to help move the economic needle for a massive portion of their population before it ages.
Absolutely. We don't know what their tolerance for pain is, as their gov't's objectives/methods are not transparent. They also have other levers to pull that we don't have - namely their exchange rate.
Posted on 7/25/18 at 10:12 am to MrCarton
I love the smell of nation-building in the morning.
Posted on 7/25/18 at 10:13 am to CorporateTiger
quote:
love the smell of nation-building in the morning.
Posted on 7/25/18 at 10:13 am to CorporateTiger
quote:
ITT Conservatives largely believe that other country’s higher taxes justify raising domestic taxes.... what a fricking world.
It's kind of entertaining how the worship of Trump has turned "conservatives" into leftist policy sympathizers.
This post was edited on 7/25/18 at 10:16 am
Posted on 7/25/18 at 10:14 am to dewster
quote:
And it features massive loopholes allowing the backdoor importation of imports into the US through Canada under our agreement with them.
Sure, but it still took a long time to negotiate.
quote:
That’s what these tarriffs are trying to incentivize.
at any point, we can sit down with these countries to negotiate trade deals. Gov'ts love trade deals.
quote:
And you are certain that we aren’t doing that now?
We would have seen a proposal if there was one. Kudlow would be shopping the shite out of it on TV.
Posted on 7/25/18 at 10:17 am to RogerTheShrubber
quote:
The competition should breed innovation on our part to overcome their shitty policies.
Protecting the status quo stifles innovation
I agree, but China’s current practice of widespread IP theft in an attempt to catch up to the rest of the world undermines western efforts to innovate and streamline production. They have long been criticized for this, but nothing has really been done about it.
And American producers are required partner with a Chinese business entity to gain access to their labor and consumer markets.
Not to mention that the more competitive and innovative American producers become, the more tarriffs imposed on their exports to China.
We need a firm agreement and a real effort by China to eliminate their tarriffs on American goods.
Posted on 7/25/18 at 10:17 am to maine82
quote:
maine82
^
what he said.
Another major downside of tariffs is the lasting damage when American exports are replaced with cheaper options on foreign store shelves and in factories.
Posted on 7/25/18 at 10:18 am to dewster
Posted on 7/25/18 at 10:18 am to brian_wilson
quote:
We would have seen a proposal if there was one. Kudlow would be shopping the shite out of it on TV
That’s a weird assumption.
Posted on 7/25/18 at 10:19 am to I B Freeman
quote:
China needs to industrialize rapidly.
Have you ever been to China????
No shite!
Posted on 7/25/18 at 10:19 am to dewster
quote:
We need a firm agreement and a real effort by China to eliminate their tarriffs on American goods.
The only way we are going to get that is by forming alliances with other allies to force China to change. Yeah, it's a long process of negotiation. That's how it works. Pissing everyone off and isolating ourselves is a losing strategy.
This post was edited on 7/25/18 at 10:21 am
Posted on 7/25/18 at 10:22 am to cahoots
It’s weird how we negotiated a multilateral deal to curb China’s influence. It would have been bad to sign that thing I guess huh?
Instead let’s give 12b more to farmers!!!
Instead let’s give 12b more to farmers!!!
Posted on 7/25/18 at 10:23 am to dewster
quote:
We need a firm agreement and a real effort by China to eliminate their tarriffs on American goods.
Or, partner with the rest of the developed world and limit Chinese influence
However, the current strategy is increasing Chinese influence and partnerships.
Posted on 7/25/18 at 10:26 am to cahoots
To add, I'll tell you how this will play out.
1. Trump will gain the favor of those whom the tariffs benefit. He will be watching the polls. He'll throw some more bones to those hurt by the tariffs.
2. He will get some small concessions from our trading partners and declare victory on Twitter.
3. He will eventually "renegotiate" NAFTA and re-enter TPP. He'll say something like "before the deals were bad, but now they're GREAT because I fixed them"
1. Trump will gain the favor of those whom the tariffs benefit. He will be watching the polls. He'll throw some more bones to those hurt by the tariffs.
2. He will get some small concessions from our trading partners and declare victory on Twitter.
3. He will eventually "renegotiate" NAFTA and re-enter TPP. He'll say something like "before the deals were bad, but now they're GREAT because I fixed them"
This post was edited on 7/25/18 at 10:27 am
Posted on 7/25/18 at 10:38 am to cahoots
That is exactly what will happen and all of the Trumpsters here will celebrate.
I hope it happens soon.
I hope it happens soon.
Posted on 7/25/18 at 10:41 am to cahoots
Possibly so. Anyone thinking we are going to get the EU, China, or Japan to flip a switch to eliminate they protectionism is delusional. We can try to wait it out, but that might be a very long wait. In the meantime businesses close, supply chains rerouted, etc. Not stuff that you can just say "ok tariffs are off now" and go back to how you were before.
Posted on 7/25/18 at 10:42 am to DavidTheGnome
So how do you propose we solve tariff discrepancies?
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