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05-28-2019, 06:53 PM
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#1
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Registered User
Join Date: Jul 2013
Posts: 17,095
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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
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A man's got to know his limitations. -- Dirty Harry
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05-28-2019, 07:24 PM
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#2
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Registered User
Join Date: Nov 2009
Location: donkeys ride from ASD
Posts: 13,002
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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.
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'complicated business folks, complicated business.'
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05-28-2019, 07:53 PM
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#3
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Registered User
Join Date: Jul 2013
Posts: 17,095
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Quote:
Originally Posted by woodtoo
There are some consequences to attain better long term trade deals that will improve your country a hundred times over in the long term.
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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.
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A man's got to know his limitations. -- Dirty Harry
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05-29-2019, 10:54 AM
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#4
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Registered User
Join Date: Oct 2004
Posts: 14,036
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05-29-2019, 11:10 AM
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#5
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Registered User
Join Date: Mar 2015
Location: Diez meses en Port St. Lucie, FL; two months in the Dominican Republic
Posts: 4,355
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Quote:
Originally Posted by woodtoo
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.
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China is a one party dictatorship that can play the long game.And ruthless enough to let their countrymen suffer to accomplish this goal.
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"But don't ask me what I think of you, I might not give the answer that you want me to. "
Fleetwood Mac, Oh Well, Part 1 (1969)
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05-30-2019, 11:02 AM
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#6
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The Voice of Reason!
Join Date: Mar 2001
Location: Canandaigua, New york
Posts: 112,850
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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.
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Who does the Racing Form Detective like in this one?
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05-30-2019, 11:08 AM
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#7
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Registered User
Join Date: Oct 2004
Posts: 14,036
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"Trade wars are easy to win..."
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05-31-2019, 10:34 AM
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#8
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gelding
Join Date: Oct 2008
Posts: 8,883
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05-31-2019, 10:39 AM
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#9
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,600
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IMPEACH 45!
Ps. Life itself is the very definition of unintended consequences.
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05-31-2019, 10:50 AM
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#10
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gelding
Join Date: Oct 2008
Posts: 8,883
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05-31-2019, 11:05 AM
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#11
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by FantasticDan
snip
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Something about blind squirrels and broken clocks.
This is punitive action against consumers and up stream producers because he's wholly ineffective.
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05-31-2019, 11:12 AM
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#12
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PA Steward
Join Date: Mar 2001
Location: Del Boca Vista
Posts: 88,600
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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.
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05-31-2019, 11:16 AM
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#13
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gelding
Join Date: Oct 2008
Posts: 8,883
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05-31-2019, 11:18 AM
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#14
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gelding
Join Date: Oct 2008
Posts: 8,883
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05-31-2019, 11:30 AM
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#15
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Registered User
Join Date: Oct 2004
Posts: 14,036
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Quote:
Originally Posted by PaceAdvantage
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.
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It's not a left/right thing to know the 5-25% tax has to come from somewhere...
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