Trumps washing machine tarriffs
- Thread starter tjebarr
- Start date
TJ, congratulations you have discovered that the largest majority of textiles are made in China, Indonesia, and Vietnam. Now go do some research of when that started ? Why it happened ? The Trumps own a brand not a textile company. Do you understand the difference ? First Clue it started around 1993 until almost all textiles manufactures had left by 2011.
Second clue : Obama when running against Hillary blamed the Clintons for some trade Agreements they got approved during their time in office. Third clue : The Clinton's, Bush, and Obama are all on record on stating we needed to renegotiate trade deals but never did. We are all confident after some research you will come to the obvious conclusion ! Orange Man Bad !
Second clue : Obama when running against Hillary blamed the Clintons for some trade Agreements they got approved during their time in office. Third clue : The Clinton's, Bush, and Obama are all on record on stating we needed to renegotiate trade deals but never did. We are all confident after some research you will come to the obvious conclusion ! Orange Man Bad !
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The ones Democrats don't have a clue how to create! You're some kind of sick psycho. You dump all over Trump trying to create the impression this economy is actually moribund and it's just a pack of lies about the record job creation. Yet all of your friends on the Left are not only trying to give Obama credit for these great job numbers, still no one your side has a viable plan how to make the jobs they claim don't exist suddenly appear?
Remember this?
Probably not...but if it IS still Obama's economy, you're actually criticizing him dumbass.
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Wow a Leftist against higher taxes! What's next Pro Life? [eyeroll]
(Men using bathrooms marked "men" and Women using bathrooms marked "women")?
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It's not. If anything, it will move jobs to Mexico, Vietnam, etc to cover the higher costs of inputs. This is incredibly short sighted thinking. Why not just nationalize all industries? Think of the jobs then!!!
you are correct. this article explains in detail why the trumpers on here think tarriffs are good
With New Tariffs, Trump Hikes Taxes on American Small Business Owners — Again - Ryan McMaken (05/13/2019) - WallStreetWindow.com
http://wallstreetwindow.com/2019/05...usiness-owners-again-ryan-mcmaken-05-13-2019/
Nationalization happens when a government takes over a private organization. Government bodies end up with ownership and control, and the previous owners (shareholders) lose their investment.
Stalin would be proud and @tjebarr is getting wet !
Says the guy rooting for the Communist Part of China while recommending doctrine used there and in the former Soviet Union. Bold indeed !
Rooting for China? What a sad, miserable outlook on life you must have. I'm rooting for American consumers and workers, not a handful of politically tied in groups.
So you missed the articles I posted in other threads where even Chuck Shumer supports the President on China. You must have missed where Obama and Bush discussed how we need to balance out trade but never acted. Probably wasn't because of all the foreign lobbyists in our country buying off our politicians. Lol you think Clinton signed NAFTA and WTO trade agreements to benefit American workers and not to enrich their friends and themselves. That's so cute.
Ya know I just don't understand you Leftists. You all hate Trump. Despise him. You all are desperate, desperate, I tell 'ya to get him out of office so you can save Leviathan. You have a magic formula, but instead of encouraging him with these high taxes, you're all upset with him!
You all love higher taxes, never met a tax you didn't like.
So.....instead of trying to talk Trump out of this deal, why aren't you all encouraging him? Here you get to kill two Leftist birds with one stone. You're convinced this "trade war" with China is economic suicide...which you all should be thrilled Trump is willing to commit because without this roaring economy, you can can easily smear him into oblivion and assure his defeat in 2020.
AND....you get to see taxes raised on American consumers to the point it's a job killer too. You've never worried about job killing taxes before, however for some strange reason because Trump is using high taxes to bring a Socialist tax and spend country to its knees...you all are suddenly aghast and worried about Americans paying higher taxes! Even after you're convinced this will indeed help you get rid of Trump.
Just can't figure you Leftists out.[eyeroll]
I’m not for the trade war, by any stretch. However, I’m not opposed to a reduced dependency on China and them having to compete against other countries in the region. If we’re able to develop capability sets through artificially inflating China’s costs to the consumer, other suppliers will fill that void. They ultimately lose market share, we pay for it, but let’s not pretend this isn’t having an adverse effect on China. They’re banking on outlasting it. I don’t think Trump is going to back down, unlike his predecessors.
And going at this alone is sound strategy? This is lunacy. What happens to an industry that is propped up by the federal government when the "artificial" advantage goes away? Do we chase the tariffs to Vietnam, Taiwan, etc or just China?
Bush initiated quotas on textiles with China. You should just stop posting. You look like a moron every single day. You were just saying yesterday how Clinton was responsible for the demise of the textile industry in the US.
http://www.nbcnews.com/id/3540959/ns/business-world_business/t/us-imposes-quotas-china-textiles/
Several articles online showing it started with Clinton in the early 1990 's and yes Bush is responsible also. Maybe you should stop posting and go catch up on some reading. Who was President when China joined the WTO ? You're failing at rewriting history.
Sounds like Tesla and solar energy to me. I guess we should call this the New Yellow Deal and the left will support it.
are u going to try to answer the question your less intelligent club members could not. what specific jobs are directly attributed to Trump
I love, love, love that Trumpers keep comparing and excusing His actions based on liberals. You continue to make my point for me.
We're weeks away from Trumpers arguing that Che's head should be beside Trump's on Mt Rushmore 2.0
That would be socialism...
Why not create a more competitive market? Lower business taxes , instead of making it cheaper to go over sea...
Only people doing good then is the rich & asians...we need blue collar jobs ..no matter how cheap something is if your not working you cant afford it ..
How is the federal government creating artificial barriers to prop up certain industries and giving cash handouts to others not socialism? Blue collar jobs are not more important than other jobs, no matter how much propaganda is spewed. A job is a job.
The ones that work for the Trump Organization! The rest are the result of other companies hiring based off of business opportunities. If you want an example of a business that has been energized by a political decision, I would look no further than the exporting of LNG to other countries. Before Trump authorized it, the US could not export LNG. The bonus being that it hurts Russia as an added benefit.
sarcasm is...when someone compares a trade agreement between the two largest economies in the world as the same of offering tax breaks for solar panels and electric cars.
1. No, not in my or your opinion.
2. I think the diversity in solutions will drive lower prices through competition. We’re basically funding the competition though.
3. We’ve talked about this a bunch. I don’t think you’re viewing this on a long enough timeline.
We seem to be talking about different things. Tariffs to DRIVE competition? Complete and utter nonsense. Long term? Long term we are going to have even LESS manufacturing jobs (US and worldwide), seems to me the pro tariffs contingent are the ones shortsighted.
I thought you were arguing tariffs were a punishment to the Chinese for the IP theft and other infractions? Pro tariff to drive competition is maddening to me. I legit can't get past that. :joy::joy:
Not really a hard concept to grasp.
Tariffs drive prices up on a specific commodity from X nation. Consumer gets screwed because we pay for the inflated cost.
Y nation comes along and says, hey, factoring in the tariffs, we can supply a cheaper solution because we’re not being encumbered by said tariff. Y nation now brings to market a cheaper solution for consumers.
Meanwhile, X nation begins to lose market share, prices for consumers begin to fall thanks to Y nation. Tariffs are lifted on X nation and now X and Y are competing with low labor cost solutions and free market principles begin to take effect.
And again, assume this plays out over a long period of time because I don’t see Trump backing down. You see this through the prism of historical context which says we lose the stomach for it and give in. I don’t think Trump will.
Would make totes more sense to do this differently, but we’re not.
So production moves from China to Indonesia. Meanwhile Biffnation thinks those jobs are coming to their community.
Biffnation can believe anything they want, and some might come back, most likely won’t. In the end though, for me personally, and me alone, weakening China’s position and strengthening others in the region is fine with me.
Plus, that bat swings both ways. Germany and other EU nations would gladly sell ag products to China. Those deals are already well underway.
First - are you still arguing Trump is using tariffs as a means to radical free trade? 2 - Are there any economic papers to back that theory up? It doesn't make sense to me at all,
China makes a lithium battery and sells it for $10. We tariff it 25%. American businesses are now paying $12.50 for a $10 battery. Vietnam Company starts making and selling the battery for $11.80. Now American workers/consumers are paying $11.80 for a $10 batter. Better than $12.50, but worse than $10. Your theory suggests that in the future the US withdraws the tariff and the now increased competition leads to a cheaper battery? How? How much of a capital outlay does the Vietnam company have to use to ramp up production? What certainty do they have the tariffs will remain in place long enough to recoup the capital outlay?