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re: Tariffs on importers from China going to 25% Friday, apparently

Posted on 5/5/19 at 7:45 pm to
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 7:45 pm to
quote:

The only long-term play if you actually don't want protectionism for cronies & buddies
wait, who are the "cronies and buddies" because if they're america, then i'm all for protectionism. the us first. otherwise, we're being taken advantage of (gasp, that sounds familiar) and then there won't be any us wealth to trade with

quote:

multilateral trade deals with independent complaint/enforcement mechanism
explain how that is different than what trump says when he asserts that we need to do business with russia and china. there's nothing wrong with fighting for a level playing field

Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 7:46 pm to
quote:

Watch the market Monday
yeah. take a snapshot of a volatile, reactionary entity as evidence of whether something is going to work long term. good strategy
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 7:47 pm to
quote:

correct
this once again shows that there's no way to have a rational conversation with "no you didn't" 90proof
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 7:49 pm to
quote:

Tariffs provide neither
tariffs are not directly about putting money in pockets. they are about a level playing field which will eventually benefit both partners.
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 7:51 pm to
quote:

Trade imbalances are a sign of increasing wealth
not if the trade imbalance is a result of ip theft that is stealing from american innovation

my word you people are dense. this just isn't rocket science. you can't even come close to acknowledging your idiotic bias on this topic. NPC

quote:

It's an economic destroyer, not creator
tariffs are not designed to be either. they are designed to fix trade problems.
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 8:31 pm to
quote:

I haven’t been wrong yet
i asked you a question that you have not resolved. you are using episodic instances to criticize a response to a systemic problem.
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 8:32 pm to
quote:

maybe you should get some clarity on his actual position before deciding on what his position has been on your own
what the frick is this? he has made his position abundantly clear for months despite being shown that he's wrong over and over
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 8:34 pm to
quote:

These tariffs have added NOTHING to the economy
THEY AREN'T SUPPOSED TO. my word

quote:

I guarantee you Boeing’s arse is tight right now
link? otherwise, you are talking out of your rear

quote:

It would help Trump if he could actually deliver a trade deal
he's kicking chini arse all over the place
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 8:35 pm to
quote:

They will be much more apparent at retail
you and "no you didn't" 90proof. the 2 biggest charlatans on the board. not even close
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 8:36 pm to
quote:

No way Boeing losses a order
this is the 90proof version of "when those tax breaks wear off!!"
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 8:37 pm to
quote:

Our small gov’t Rs love protectionist tariffs
quote a conservative saying they are for long term tariffs that have nothing to do with ip theft. otherwise, you're just attacking a strawman
Posted by bfniii
Member since Nov 2005
17840 posts
Posted on 5/5/19 at 8:41 pm to
quote:

here for the bnfii melt
this coming from board favorite "muh fed" 90proof
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 5/5/19 at 11:46 pm to
Tariffs cause economic inputs to be artificially allocated. Industries protected by tariffs tend to lose efficiencies that competition insures and they tie up capital and labor that would have higher economic value in some other industry in the economy.

They are never good and never have been.

This post was edited on 5/5/19 at 11:49 pm
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 5/5/19 at 11:54 pm to
DOW futures are off about 2% right now-500 points or about $140 billion less than Friday

Some Trumpkins here will happy because Chinese markets are off further. What kind of logic is that?
Posted by I B Freeman
Member since Oct 2009
27843 posts
Posted on 5/5/19 at 11:57 pm to
How would like if the government suddenly taxed your property an addition 15% Friday?

Think about importers with shipments on the water expecting a 10% tariff and now being hit with two and half times that? Trump is screwing them hard.
Posted by BuckyCheese
Member since Jan 2015
57778 posts
Posted on 5/6/19 at 12:03 am to
quote:

Who is ultimately paying for these tariffs?


Looks like the Chinese. Lowering their profits to keep their shite products competitive.
Posted by Lsujacket66
Member since Dec 2010
4978 posts
Posted on 5/6/19 at 12:45 am to
Nice
Posted by Barstools
Atlanta
Member since Jan 2016
11163 posts
Posted on 5/6/19 at 3:11 am to
Your brain only functions at 90 proof.
Posted by trinidadtiger
Member since Jun 2017
18429 posts
Posted on 5/6/19 at 7:10 am to
bfniii,

Your points all make sense, and are in the best interest of the United States. The Shanghai market agrees with you.
Posted by 90proofprofessional
Member since Mar 2004
24445 posts
Posted on 5/6/19 at 7:59 am to
quote:

who are the "cronies and buddies" because if they're america

they're not, as is indicated by the choice of the word crony, as in politically-connected insiders, operating against the best interests of america in general

otherwise they wouldn't need to get the government to try to get americans to change the things they choose to buy
quote:

explain how that is different than what trump says when he asserts that we need to do business with russia and china

TPP, which would have lowered tens of thousands of tariffs on right now, have already increased IP protections, and have isolated china on the outside

HTH
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