China quivering in the face of trade war with their largest customer

[iceberg]

That doesn't follow.


It could just be intellectual laziness on the part of our CEOs.

Do you find Trump to be intellectually lazy, considering his shit is made in China.

what products does he have made in china? just curious, not a slam. wondering how many people here can make it and for what cost. we've lost a lot of production to china simply because their labor cost is so very low - would making this product in the US effectively make it unsellable and giving him the exact motivation to change these trade practices so we can be more competitive? then again why is it their fault our cost of living is so high in comparison?

lot on the table when they figure this out.

Almost everything that carries the "Trump" label besides his cologne (who knew there was a Trump cologne?) is made outside of the US.

The only way to make the US more competitive is to tax (called a tariff) items from other countries so much that making them here will be cheaper. But what this does is raise the price on everything that you made "competitive", it does not lower the cost of making things here, just makes stuff from other countries more expensive.

Do this and that cost of living you spoke of will skyrocket, the tax cut will be eaten up and a whole lot more.

Will it cause wages to go up, maybe. The only thing that really pushes wages up is a tight labor market.

i do believe we've put ourselves in a bad situation but i see it as a "globalization" effort which i hate because i'd rather be as independent as possible. but by globalization i simply mean we all act together and each do what they're good at to make a complete picture.

sounds great on paper but we will never get along well enough to pull that off. we can't even get along as 1 country. now we're using our advantages against each other vs. working to supplement our disadvantages. if we don't globalize then all this goes to shit cause that's how we're set up and yep - trouble on the horizon to be sure.

 

[Correll]

So, you were arguing for "Free Trade", when you knew it was not Free and was slanted against US.


That makes absolutely no sense.


You are waving around the term "socialist" like it is a magic totem.


NOT allowing your trading partners to fuck you and your workers, while doing nothing to protect them, is not Free Market.


It is just being irresponsible and weak and corrupt.


Our citizens deserve national trade policy that serves their interest.. That is part of what "Mutually Beneficial" actually means.


If we just let the CHinese set the rules to benefit them and fuck US, that is not Mutually Beneficial.

You keep saying the trade deals are not Mutually Beneficial, yet the economic data would dispute that...

2nd longest period of economic expansion in the history of our country....

Unemployment holding steady at close to historical lows....

Record setting financial markets, till someone started a trade war...

Manufacturing jobs have been increasing since 2010...

Wages are rising and have been for more than 2 years (that is what happens when unemployment goes down)

Your claim that the US has not benefited is patently false.

Those numbers are macro economic numbers that against the backdrop of generations of wage stagnation, for the middle class and working poor.


We are doing well, within the framework of a flawed and rigged game.


If we stop playing a rigged game, we would be in a whole new level of economic well being.

I agree the game is rigged, but not by the trade deals but by our own financial system that is designed to fail at regular intervals as a method of control.

We've established that the Chinese have tariffs against our imports, that you knew about.


That is them rigging the game to benefit their workers at the expense of ours.


Such behavior, over the last couple of generations has led to long term wage stagnation.


Do you already know all about that and are just pretending again, like with the tariffs?


Do you want a link about it?

That is them controlling their Socialist market economy, if you wish for the US to adopt a Socialist market economy, then tariffs are the way to go. If you wish to remain a free market capitalist society, then the Govt needs to stay out of it.

Engaging in a competition and allowing your competitor to play by different rules, is not being a better person, it is being a sucker.


The jobs and wealth that China has taken from US, with their unfair, predatory trade policy, has caused real pain to American citizens.


"Free Market" is not allowing your competitors to use government force to cheat you and your people.


That is just choosing to be a bitch.

 

[Harpy Eagle]

Engaging in a competition and allowing your competitor to play by different rules, is not being a better person, it is being a sucker.


The jobs and wealth that China has taken from US, with their unfair, predatory trade policy, has caused real pain to American citizens.


"Free Market" is not allowing your competitors to use government force to cheat you and your people.


That is just choosing to be a bitch.

Nobody has taken anything from the US.

US citizens choose to buy shit from China.

Companies choose to move overseas for cheaper labor

Any job or wealth that left our country did so at the will of the people or the company.

You act like China is forcing us to buy their stuff or other countries are forcing us to use their cheap labor.

That is not the case, it is a free choice made by us.

You though want to take away that choice, what does that make you?

 

[iamwhatiseem]

Dude, they said they would do this back in November, long before Trump stated his stupid trade war.

Yeah?....and it is April "Dude", and they didn't do it did they?
They have said this before then also, and they didn't do it then either.
If China ACTUALLY lowers tariffs etc. then Trump indeed deserves a lot of credit.

 

[GHook93]

This Is China's Latest Response to Ongoing Trade Dispute With US (It's Probably Not What You Think)

China promised to lower the auto tariff, ease restrictions and open China’s markets to the US auto industry.

Liberals are you going to give Trump credit?

China has been erecting trade barriers and protectionism against us for a while. Finally good to see a President with backbone fighting back.


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Dude, they said they would do this back in November, long before Trump stated his stupid trade war.

THey have auto tariffs? But I thought this was about Free Trade vs Statism?


Mmmmm.

that is because you are not very smart.

Yet you are the one lying about recent news!


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I gave you the link from November. I cannot help it if the words are too big for your little zealot mind


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Where did you provide the link? Smh


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[Harpy Eagle]

Dude, they said they would do this back in November, long before Trump stated his stupid trade war.

THey have auto tariffs? But I thought this was about Free Trade vs Statism?


Mmmmm.

that is because you are not very smart.

Yet you are the one lying about recent news!


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I gave you the link from November. I cannot help it if the words are too big for your little zealot mind


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Where did you provide the link? Smh


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In this fucking thread when you asked for it. I cannot help it if you are too stupid to follow a thread.


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[Correll]

Engaging in a competition and allowing your competitor to play by different rules, is not being a better person, it is being a sucker.


The jobs and wealth that China has taken from US, with their unfair, predatory trade policy, has caused real pain to American citizens.


"Free Market" is not allowing your competitors to use government force to cheat you and your people.


That is just choosing to be a bitch.

Nobody has taken anything from the US.

Yes, they did. THe generations of wage stagnation and social dysfunction and pain and suffering because of it, is real.

US citizens choose to buy shit from China.

While Chinese citizens are prevented from buying our shit, but protectionist tariffs (and who knows what else).

That is not fair, nor "Free Market".

Companies choose to move overseas for cheaper labor

An interesting problem for a society that wants decent wages for it's people. Do you want decent wages for the American people? For anyone?

Any job or wealth that left our country did so at the will of the people or the company.

Nope. US consumers are not responsible for the Chinese tariffs that prevented a more equal trade balance, nor the slave wages, or actual slavery that the chinese producers use.

It is our government policy to allow such products to be sold, despite the moral implications of their production.

You act like China is forcing us to buy their stuff or other countries are forcing us to use their cheap labor.

NO, I'm acting like our POlitical Class is utterly failing to protect the interests of America and Americans.

That is not the case, it is a free choice made by us.

You though want to take away that choice, what does that make you?

A nationalist who is loyal to his fellow citizens and wants better jobs and wages for them all.

 

[Correll]

Dude, they said they would do this back in November, long before Trump stated his stupid trade war.

Yeah?....and it is April "Dude", and they didn't do it did they?
They have said this before then also, and they didn't do it then either.
If China ACTUALLY lowers tariffs etc. then Trump indeed deserves a lot of credit.

And even if he doesn't, but he slams the tariffs on them and the Trade Balance improves, he still deserves a shit ton of credit then.

 

[Harpy Eagle]

Dude, they said they would do this back in November, long before Trump stated his stupid trade war.

Yeah?....and it is April "Dude", and they didn't do it did they?
They have said this before then also, and they didn't do it then either.
If China ACTUALLY lowers tariffs etc. then Trump indeed deserves a lot of credit.

And even if he doesn't, but he slams the tariffs on them and the Trade Balance improves, he still deserves a shit ton of credit then.

Don’t worry, I will give him all the credit for the recession that follows such an action


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[iamwhatiseem]

Dude, they said they would do this back in November, long before Trump stated his stupid trade war.

Yeah?....and it is April "Dude", and they didn't do it did they?
They have said this before then also, and they didn't do it then either.
If China ACTUALLY lowers tariffs etc. then Trump indeed deserves a lot of credit.

And even if he doesn't, but he slams the tariffs on them and the Trade Balance improves, he still deserves a shit ton of credit then.

Don’t worry, I will give him all the credit for the recession that follows such an action


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A recession from China dropping tariffs??? Uh...no.
But never fear, a recession is coming soon for other reasons that have zero to do with Trump.
The market is so overly hyped and over-valued that a correction is loooooong overdue.
So when that happens, you can have fodder for your rock throwing contest.

 

[Correll]

Dude, they said they would do this back in November, long before Trump stated his stupid trade war.

Yeah?....and it is April "Dude", and they didn't do it did they?
They have said this before then also, and they didn't do it then either.
If China ACTUALLY lowers tariffs etc. then Trump indeed deserves a lot of credit.

And even if he doesn't, but he slams the tariffs on them and the Trade Balance improves, he still deserves a shit ton of credit then.

Don’t worry, I will give him all the credit for the recession that follows such an action


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Why? YOu suddenly care about the effects of economics policies on people?