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re: On trade front--China's exports surge in October
Posted on 11/8/18 at 12:33 pm to GumboPot
Posted on 11/8/18 at 12:33 pm to GumboPot
quote:
And we have a thriving steel industry now because of it.
I think that's generous.
But its pure favoritism, and there are tradeoffs. The Auto industry is feeling the stress of the tariffs, as will the American consumer.
It's crony capitalism.
0
Posted on 11/8/18 at 12:35 pm to kingbob
I read an article (sorry don't remember where) that said that with the dollar being so strong against the yuan, American importers can buy more from the Chinese and that our trade deficit with China has grown because of this. Any additionals tariffs would simply increase the costs to American consumers, who by the way pay all the taxes that are being levied.
This post was edited on 11/8/18 at 12:37 pm
Posted on 11/8/18 at 12:38 pm to I B Freeman
IB Chinaman doesn’t even know WTF he’s looking at.
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