Brain357
Platinum Member
- Mar 30, 2013
- 37,068
- 4,189
- 1,130
We all buy lots of things that are made in China. It's just another tax then. One that will hit the poor harder than the rich. If it gets out of control it will slow the economy.We pay the tariffs. China is only affected if their production goes down. Given their surplus that is not the case.You seem to be claiming the tariffs are hurting China, that clearly is not currently the case. For it to hurt them their exports to us would have to go down, it is increasing. Meanwhile paying more for Chinese goods certainly hurts us.China seems to be doing fine:
China's trade surplus with US grows to new record in August, adding fuel to trade war fire
Yes, that's the third time you've pasted that. So how does this disprove what I'e said all along? How does this disprove that reducing the trade deficit can offset the cost of trump's wall?
This is just going in circles.
Why? Why must they go down? If they don't go down that means we're making money now whereas without tariffs we wouldn't be. That's wall money dude.
Also, as I said, there are way too many variables to make that statement. Just because China has a larger surplus doesn't mean the tariffs aren't working. The goal isn't to make China's trade surplus go down, it's to reduce or offset our deficits. China is just one country, these tariffs were just put into effect. Give our steel industry time to rekindle itself then we will see.
None of this is relevant to the goal of the tariffs. We aren't doing it to hurt china, we're doing it to reduce the damage their tariffs do to our producers.
I don't care what happens to China. I only care what happens to us. If people keep buying from china, great. It means that the tariffs are generating revenue that can offset taxes. If they don't, great, it means they're buying domestically made steel or they found a cheaper option. This is win/win. China doesn't have to get screwed for us to not be screwed. They've been cheating the whole "free trade" mantra for long enough. They're just spoiled and upset that we're fighting fire with fire.
I will take tariffs over taxes any day. Taxes are often unavoidable while tariffs are a business decision. I'm more a fan of having a choice than not and tariffs give us a choice where taxes don't.
If done right, it means that the tariffs generated will pay for things like the wall, and reduce the trade deficit. What's not to like about this?