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re: Trump imposes 30 percent tariff

Posted on 1/23/18 at 10:58 am to
Posted by GumboPot
Member since Mar 2009
118773 posts
Posted on 1/23/18 at 10:58 am to
quote:

So because it isn't free trade, we should support more tariffs against free trade?



In some instances we should reduce tariffs. It just depends on the situation.

For example when Reagan raised the tariffs on Japanese motorcycles to 49.4% it saved Harley Davidson. The Japanese were dumping on the American motorcycle market.

LINK
Posted by Jjdoc
Cali
Member since Mar 2016
53468 posts
Posted on 1/23/18 at 11:04 am to
quote:

Cheap foreign goods are an incentive for American manufacturers to become more efficient.


No. It's not. Where will you find labor at $5000 annually in the USA?

Are you ok with the USA gov becoming partners with business and centralizing those businesses?

quote:

Maybe that means lower wages,


Yeah.... Average income in China is $5,000 per year. That's not going to happen here unless you agree to THEIR STYLE OF GOV. And I am not PRO communism.

quote:

maybe streamlining production.


You think they are not streamlining?

quote:

In the end, tariffs (or more generally, trade wars) are a huge net loss for the American consumer.


The trade off is no jobs, lower wages and Federal take over of the businesses in the US. This is where it moves to. IE.. Bernie Sanders is a huge supporter of it.

quote:

trade wars


You are in a trade war and have been for a long time.

quote:

ECON 101.


Not at all.
This post was edited on 1/23/18 at 11:10 am
Posted by Jjdoc
Cali
Member since Mar 2016
53468 posts
Posted on 1/23/18 at 11:08 am to
quote:

Yep. That aside, I've seen Docs which show massive Chinese camps where young adult women work in tedious assembly lines for long hours and cheap pay. There is no way our workforce comes close to that; we are spoiled...they are hungry. Ultimately, the money and the productive ability must stay here, or our economic quality of life goes down. It's not enough that people who can purchase Stock in a manufacturing Company that can make more money abroad, are the only ones that can prosper. The Workers must be considered.


THIS is why the fight with UNIONS came forward.

Why do people think they vote dem? They support forcing businesses to stay put and gov control of them. It ends with a gov we all do not want.

Posted by Jjdoc
Cali
Member since Mar 2016
53468 posts
Posted on 1/23/18 at 11:16 am to
China responded:


quote:

The Chinese Commerce Ministry on Tuesday expressed "strong dissatisfaction" over the move, saying it "aggravates the global trade environment."


The tariff of 30% on foreign solar panels is a blow for China, the world's biggest supplier of the products. Beijing has been widely accused of heavily subsidizing its domestic solar industry and flooding global markets with cheap panels.


In this example, you have cheap labor. $5,000 per year per worker. Then you have the gov subsidizing in addition to that.

THe 30% in tariffs on it will not kill the market here for it. It will allow our people to work on the solution instead of cow toeing to the Chinese.


Posted by Turbeauxdog
Member since Aug 2004
23182 posts
Posted on 1/23/18 at 11:17 am to
A thread full of free trade zealots complaining that we are enforcing our free trade agreements.
Posted by stuntman
Florida
Member since Jan 2013
9098 posts
Posted on 1/23/18 at 11:21 am to
Did you watch the video to the end?
Posted by Korkstand
Member since Nov 2003
28708 posts
Posted on 1/23/18 at 11:22 am to
quote:

If they cant be profitable without the tax incentives they should not be in business.
So should we get rid of all tax incentives and subsidies across the board (o&g, ag, etc), and let the chips fall where they may? I don't think that's wise.


Like it or not, solar is here to stay, and it will be an important part of our energy industry into the future. It is a matter of energy independence, and hence it has national security implications. Every industry takes time to develop into its own, and we as a nation would be wise to recognize our future needs and plan accordingly. That is a huge part of running a successful country. A totally hands-off approach isn't government... it's blind faith in an ideology.
Posted by Jjdoc
Cali
Member since Mar 2016
53468 posts
Posted on 1/23/18 at 11:42 am to
quote:

So should we get rid of all tax incentives and subsidies across the board (o&g, ag, etc), and let the chips fall where they may? I don't think that's wise.


It's not when you are playing a team who does not care about your well being.

It's literally self mutilation ...
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29179 posts
Posted on 1/23/18 at 11:46 am to
quote:

Or we can simply get government the frick out of the way, and see what Americans can come up with. We have always done it, why not now? Why the frick does everything have to turn to government intervention?


This. The ONLY thing I think we should even consider having the government involved in is something like Germany's Industry 4.0. In fact, I don't get why GEOTUS isn't trumpeting something like this already.
Posted by cahoots
Member since Jan 2009
9134 posts
Posted on 1/23/18 at 12:02 pm to
quote:



It's not when you are playing a team who does not care about your well being.

It's literally self mutilation ...


Do you realize that you espouse the same economic viewpoints as a blue collar Democrat?
Posted by TejasHorn
High Plains Driftin'
Member since Mar 2007
10926 posts
Posted on 1/25/18 at 10:40 am to
LG responds in kind to the washing machine tariff.

Guess who pays for tariffs?

quote:

consumers should be prepared for prices to go up by 15% to 20%, said Dinesh Kithany, asmart home and appliances analyst with IHS Markit. That could translate to washing machines that are $70 to $100 more expensive, he said.


This post was edited on 1/25/18 at 10:42 am
Posted by Jjdoc
Cali
Member since Mar 2016
53468 posts
Posted on 1/25/18 at 10:59 am to
quote:

Do you realize that you espouse the same economic viewpoints as a blue collar Democrat?




Not really. I'm not a huge fan of not allowing other products in the USA.

The issue is that the when a side cheats, we can't compete and it's our GOV's job to protect the people here FIRST.

As stated in this thread... "Free traders" are all about only part of the FREE TRADE. They forget there is a protection side of the free trade. That is to protect the US workers from nations who cheat in the agreement.


That was Reagans deal. Daddy Romney and Bush transformed that into a sell out to the globalization we have today
Posted by Jjdoc
Cali
Member since Mar 2016
53468 posts
Posted on 1/25/18 at 11:00 am to
quote:

LG responds in kind to the washing machine tariff.

Guess who pays for tariffs?

quote:
consumers should be prepared for prices to go up by 15% to 20%, said Dinesh Kithany, asmart home and appliances analyst with IHS Markit. That could translate to washing machines that are $70 to $100 more expensive, he said.



I'm not concerned about that. Nobody will be concerned about that. Why would they
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