Why are the Chinese more "dicks to the US" than other nations we trade with? What difference does it make that they are "dicks"? WHo really cares?If we make Chinese products 45% more expensive they will retaliate and make our products more expensive. Good bye export market.OK so now you are being dishonest.We do not get to decide if we compete. If we are selling merchandise we are competing. Unless you would like the US to quit exporting products.
It is absurd to claim we do not and can not craft Trade POlicy.
It is also absurd to pretend that all trade is an either or choice with as much complexity as operating a light switch.
And I am truly interested in your claim that Wage Stagnation is a myth. Link please.
No one said we could not craft trade policy. What you claimed was that we don't need to compete. You understand those arent the same things, right?
You either engage in trade or you dont. You seem to think we can tariff our way to prosperity. But that never works. Prosperity comes from people conducting business and trading with each other. Both sides come out ahead otherwie they wouldn't do business. Eliminating that means eliminating prosperity.
If we craft trade policy so that China's exports are 45% more expensive, than their exports to US will drop.
The products that our consumers want will then be manufactured elsewhere.
We would then NOT be competing with the workers of China.
We would still be competing with everyone else in the world.
Hopefully more fairly.
We would still have INTERNAL competition.
The rest of your post is touchy feely filler.
American consumers and companies will be paying 45% more for products across the board. Hello, recession. Recall that the Smoot-Hawley tariff did pretty much what you suggest. What we got was the Great Depression.
People who never Econ 101 are so easy to pwn.
The Chinese are buying 100 billion a year in exports from an economy of 18 trillion. Their leverage on US is tiny.
American consumers and companies will be paying 45% more for stuff coming from China, not across the board. That was so obvious that it smacks of dishonesty.
They could avoid the tariff by buying crap manufactured in a nation that were not complete and total dicks to US.
Maybe even in the US, ITSELF!
Again, tariffs don't work. Ask Mr Smoot an Mr Hawley how things worked out for them.