Can I just say its about time to make the US market competitive again and bring back industry allowing jobs and the middle class. Great industry move. At least a brilliant business man can see what killing business in the US.

TRUMP in 2020

ppl do t self, they prefer to get fat at mc do

Well in order to make the US competitive we would have to lower wages to about $3.00 an hour and do away with all environmental protection and do away with many safety measures too. So far the tariffs have mostly hurt the US more then its helped. And people need to understand that tariff is just a fancy word for tax. In other words it just taxes the goods coming from China, and as everyone knows that just gets pushed on to the consumer. The US government collects the tax, this could be good if they used it wisely, but by now we all know you give ungreatful people money and the just end up wasting it instead of respecting it, just as the welfare system does.

It's pretty sad when one is unable to determine if a post is tongue in cheek or real!

Sarcasm is an art. It's doubly hard to do successfully in writing.

is the Brutal truth; nicely said.

and here's the picture of the products that would attract the 25%.




in other words US Steel may become competitive against Chinese Steel

while the Chinese give up consuming US Pork, nuts and beverages

Specifically, these are the 7 categories of US products China plans to apply counter tariff on.

1. Fresh fruits, dry fruits & paper products

2. Wine

3. Alcohol, denatured

4. American ginseng

5. Steel tubes, pipes (used in boilers / power plants)

5. Pork and Pork Products

7. Aluminium scrap

Seems odd. Selling steel and buying fruits.

But if an American well made product is the same price as the crappy one made in China, which one do you think will be purchased it even the playing field.

What you are missing in this silliness, is that the tariffs aren't doing what you think they are.

There IS NO struggling US industry that will take off because the Chinese imports will now be more expensive. The industries involved were moved elsewhere a long time ago.

You probably didn't notice, because the news industry in the US stopped investigating anything decades ago, and now only reports whatever they are told, usually by the government...but the tariffs that were ALREADY enacted, accomplished NOTHING of what was promised. No return of any manufacturing to the US; no increase in American desire to buy American made goods (because there are so few).

And certainly no change in Chinese trade practices.

Some American manufacturing businesses have actually been KILLED by the tariffs, because they were dependent on imported resources to be competitive.

That means more American working class incomes left the country.

Folks need to stop looking through rose colored glasses and see what's real.



Why Trump's tariffs on China hurt everyday Americans: Today's talker

"With negotiations to remove sweeping U.S. tariffs and end the year-long trade war seemingly in the homestretch, President Donald Trump abruptly reversed course on Sunday and announced his intention to increase those tariffs and extend their application to all imports from China by the end of the week".

http://www.usatoday.com/story/opinion/2019/05/07/why-trumps-tariffs-china-hurt-every-day-americans-talker/1128485001/

Are Trump’s Tariffs Bolstering the U.S. Economy? Nope

"President Trump says that his protectionist trade policies have accelerated economic growth, but little evidence supports that claim".

http://www.nytimes.com/2019/05/07/us/politics/trump-tariff-china-economy.html


Trump's threatened tariff hike to 25% on Chinese goods would hurt consumers, the economy

"The Trump administration’s 10% tariff on $200 billion in Chinese imports has been a nuisance, with many U.S. businesses absorbing the cost or working around it.

But President Donald Trump’s threat over the weekend to hike the duty to 25% would dramatically compound the damage as the lion’s share of the costs are passed to consumers, taking a toll on the economy as well as company profits".

http://www.usatoday.com/story/money/2019/05/07/tariffs-china-trump-threatens-hike-25-hurting-consumers/1123195001/

I guess we shouldn't trade with China. And the industry can make a come back in the US. If there is a demand they can make a product. They can move it back.

Put it this way everything made in China shows the quality of a 3.00 employee and and crappy product constantly needing replacement.

It is far to complicated to just build a wall around the country and not trade with other countries. Sure we COULD get by with just the resources that we have in the United States, however I don't know how people are going to handle not having their cup of coffee in the morning. Not to mention the debt that we have taken on, and just a matter of time before people come to collect on that debt. The problem with China is their government has much control over their economy and how much it cost to make things. The biggest problem right now us Chinas stealing our intellectual property. That means if it cost someone millions of dollars to develop something in the United States and China copys it, or knocks it off, then the developer is not rewarded for their efforts and are less likely to develop something new while China is making billions of dollars off the product, and often creating new products off the original idea. Remember the days of the Television repair man? Well it does not make sense to repair a TV now days because they are so cheap and the technology is out dated befor you even get it out if the store. TV's used to cost a months salary and wages were relatively low so it made sense to get them fixed. So buying "better" or more expensive items isn't always your best bet. Now they only want your appliances to last 10 years because they know in another 10 years there will be something better, and more efficient.
People are expecting these tariffs to magically work over night, that is not the way they are set up to work, over time they are ment to balance the trade of goods buy not allowing country like China to sell their unregulated cheap metal on the US's more expensive regulated market. The economy is very complex and people are looking to complain about anything they can. Tariffs are actually ways to control monopolies and give others a fair chance to compete.

The US Debt to Chinese: 1 Trillion now or Alaska

... and just a matter of time before people come to collect on that debt.



China is stealing intellectual property

Chinese companies are Chinese government companies.
When Trump announced theft, not a whimper of protest from Chinese media; why?

Example IBM built the high speed telecom network in China (around 95-97 as i recall) & high speed switch gear were among the key subsystems
then companies like Huawei were born. (Wiki does not give complete story)

One reason it is easy to steel from US companies is because of their short term greed / underestimate Chinese Genius & worse; Chinese Law or No Law on C_Rights


US Federal & Industrial Standards

Main reason why China does not sell products like:

Cars, Planes, Ships and Subs
High pressure, high temperature steel alloys as used in power plants

Including Beverages (China faces potable water crunch)


Don't blame the Chinese cause as Reisande said:



Google nearly did; then pulled back!!

We have deleted some images due to they were too big for the page.. Please make sure when posting images they fit the page if not they will be deleted.

Forum Admin
Kristi

Since..

intellectual property rights is against Communism

By this standard, Chinese government has overriding rights on all US products installed in China.

Trump will have to redefine 'stealing'
--xx--

on the other hand,

if you were President of China with 1.5 billion & minimum wage at $3 per day

what's a little bit of stealing?

My biggest problem with the Trump instigated tariffs, is primarily that his stated reasoning for applying them, is dead false.

I strongly support action against China's VERY long standing and ongoing trade abuses.

But the President keeps speaking falsely, and claiming that CHINA pays the tariffs we place on them, and that billions of dollars are already flowing FROM CHINA, into American pockets, because of them. That is NOT happening, and never will.

That doesn't mean I oppose all tariffs. It just means that when a leader LIES to me about what they are doing, I learn to distrust their goals and their competence.

The idea of tariffs has always been to do one or both of two things: bring in revenue to the host government; that is, to add another TAX on their OWN CITIZENS, while pretending it is a penalty against another country; and to punish the buyers of foreign goods, for refusing to buy competing domestic goods instead.

It's possible that one or both of those goals can be an overall good idea, in the long term best interests of the host country. But LYING about tariffs as they are instigated, suggests another motivation entirely.

I think China will win this trade 'war' because their leader, unlike Trump, does not have to stand again for election. All they have to do is wait for the next US government which will, of course, be democrat, who will no doubt have different policies on trade.

Highly doubtful. Dems are running on nothing. Add to it, they're not getting anything done in congress. Toss in the collusion that is going to come back to haunt them. Don't stand on what the lib media is pushing.

Although I sharply disagree with your obvious prejudices and much of your reasoning, I think your prediction is accidentally accurate. And you are correct that so far, there is no cohesive leadership message coming from the Democrats, and hasn't been for some time.

Which is a shame, because the Republicans are intent on ignoring certain serious problems, and so there is no balance to the nation going forward.

I've always fixed machines for my living, and one thing I have seen repeated again and again, is that when machines break down for one reason, and that reason alone is addressed at the expense of another important part of the machine, there will be a brief time during which everything will seem to improve a lot...but it will be followed by an even worse breakdown later.

That happens in processes as well. Classic example, are companies that decide to balance their internal budgets and increase profits, by reducing or eliminating thorough training of employees, and by eliminating safety tests. At first, the lower cost of doing business seems to bouy the company up, and make them more successful; until the lack of proper training and safety leads to a tragedy.

PBS Frontline did a show "Trumps trade war" the other day if anyone has interest in nonbias reporting. Their thought is China is looking to be a world super power like the USA, and like USSR or Russia used to be and if the "trade war" continues it will turn into a "cold war" that could last for years. Yes tariffs hurt the US economy and bussiness's short term, but long term it could possible lower the US debt by keeping more money inside the US and if tariffs are used to pay down debt (highly unlikely) it would do good for both the US and China. Another thing people don't look at is the tariff is on wholesale price, not retail. So lets say there is a 25% tariff on a washing machine. That is 25% that the seller pays on the $120 they paid for the machine, not the $1200 retail that you pay as a consumer, so an extra $30 on a $1200 purchase probably isn't going to make or break anyone. If you think about the tariffs as a "Sin Tax" like you would pay on cigarettes or alcohol or gambling you can just pay it and get over it, or you can look else where for other options.