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-   -   Tariffs have consequences. Usually unintended (http://www.paceadvantage.com/forum/showthread.php?t=152487)

Clocker 05-28-2019 06:53 PM

Tariffs have consequences. Usually unintended
 
Many of the tariffed products coming here from China are produced there for foreign companies, including American firms. As a result of Trump's tariffs, many of those firms are considering relocating to other countries, or have already done so. They certainly aren't looking at the US. Two of the big winners in the tariff wars appear to be Vietnam and Mexico.


https://www.politico.com/magazine/st...o-great-226876


https://www.politico.com/story/2018/...de-war-1023849

woodtoo 05-28-2019 07:24 PM

There are some consequences to attain better long term trade deals that will improve your country a hundred times over in the long term.
Suck it up buttercup.

Clocker 05-28-2019 07:53 PM

Quote:

Originally Posted by woodtoo (Post 2473141)
There are some consequences to attain better long term trade deals that will improve your country a hundred times over in the long term.

True. An American company moving its production from China to Vietnam could result in even lower prices for American consumers.

We don't need any "long term trade deals" with the government involved. And if the government is involved, "long term" means from now until the next election.

elysiantraveller 05-29-2019 10:54 AM

China Gears Up to Weaponize Rare Earths in Trade War

That would cripple some companies/industries.

barahona44 05-29-2019 11:10 AM

Quote:

Originally Posted by woodtoo (Post 2473141)
There are some consequences to attain better long term trade deals that will improve your country a hundred times over in the long term.
Suck it up buttercup.

China is a one party dictatorship that can play the long game.And ruthless enough to let their countrymen suffer to accomplish this goal.

Tom 05-30-2019 11:02 AM

Saw a concerning piece today that China makes a very large number of our medicines and that could be serious for us.

Like oil, we need to be independent on ALL necessities of life.
WE can and must do so.

elysiantraveller 05-30-2019 11:08 AM

"Trade wars are easy to win..."

FantasticDan 05-31-2019 10:34 AM




PaceAdvantage 05-31-2019 10:39 AM

IMPEACH 45!

Ps. Life itself is the very definition of unintended consequences.

FantasticDan 05-31-2019 10:50 AM





elysiantraveller 05-31-2019 11:05 AM

Quote:

Originally Posted by FantasticDan (Post 2474042)
snip

Something about blind squirrels and broken clocks.

This is punitive action against consumers and up stream producers because he's wholly ineffective.

PaceAdvantage 05-31-2019 11:12 AM

Paul Krugman has been wrong a lot in recent years. But like all left-leaners who are often wrong, they double and triple down until they eventually hit the ball again and proclaim themselves geniuses of the highest order...and their sycophants will lick it up and down like trained seals.

FantasticDan 05-31-2019 11:16 AM


FantasticDan 05-31-2019 11:18 AM


elysiantraveller 05-31-2019 11:30 AM

Quote:

Originally Posted by PaceAdvantage (Post 2474048)
Paul Krugman has been wrong a lot in recent years. But like all left-leaners who are often wrong, they double and triple down until they eventually hit the ball again and proclaim themselves geniuses of the highest order...and their sycophants will lick it up and down like trained seals.

It's not a left/right thing to know the 5-25% tax has to come from somewhere...


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