Everyone ready for this trade war? I hear they are easy to win.
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Everyone ready for this trade war? I hear they are easy to win.
People keep saying that but the economy is great right now. Trump is selling his base on made up hopes and dreams.I understand the hate towards what trump is doing. Short term it will cause us issues BUT this is along term solution. We , as a country, have been getting bent over and taking it for years. This had to be done and it is one of those situations that we won't realize the pluses until later down the road.
You can’t win imposing artificial barriers to trade long term. It does not change the fact that current industries that struggle to survive are not sustainable. It is a tax on the American people in the end that causes inflation because production costs go up.
In the end, it holds up the weak and hold done American industry. The tariffs as imposed on raw materials like steel only hurt US produced product.
My company is a very big and there are already discussions of moving production off shore because the tariffs made it more expensive to produce here.
The blind “my guy is always right” is laughable. Need to wake up in both sides
We were already losing badly in the war that we didn’t admit
Maybe now we will fight back
I understand the hate towards what trump is doing. Short term it will cause us issues BUT this is along term solution. We , as a country, have been getting bent over and taking it for years. This had to be done and it is one of those situations that we won't realize the pluses until later down the road.
This post perfectly illustrates the hypocrisy of the GOP right now. People that really truly believe in the ideals of conservatism are without representation in this country right now.Just FYI--everyone supporting tariffs in this thread sounds like a democrat from the 70's, 80's and even into the 90's until they learned about the benefits of free trade.
If tariffs were strategic and targeted folks may have a point--these things are just bad policy (or so I've heard from Republicans for 50 years before Trump...).
As an independent, I just love the hypocrisy on both sides...
As a young Republican in 1980 when Reagan won, I bought into the "free trade" philosophy. Then Ross Perot warned us of the "great sucking sound" of jobs leaving the country that NAFTA and similar free trade agreements would lead to. And now 40 years later, the American worker has paid the price due to an ineffective government's (both parties) approach to free trade implementation, while our global competitors take advantage of us, and I'm sure laugh at how gullible our "better than thou" moral approach to global economics has been. At least now we are doing something proactive to let the world know that we wont let that happen any longer. There may indeed be short term pain, but most of us teach our children that sometimes it takes some pain in order to attain a goal or protect against worse possibilities.
I am no expert but this is how the current tariff plan was explained to me and this is how it is suppose to be good for America. A tariff is basically saying we want to buy goods made in our country and if you are a foreign manufactures we want you to manufacture your product in the US. So for example BMW in Greer. The Greer plant is an assembly plant. Every component that comes into that plant that is manufactured in the US will come in tariff free. Every part that is imported will pay a tariff. BMW will / should start looking for suppliers who manufacture the parts they need in the US. Finding someone who can manufacture the more complex parts will take time but if they are sending in easy to manufacture parts these will probably transition quickly. Since the US has such a large trade deficit with just about every country we trade with the bet is that more jobs will come to the US to avoid the tariff than jobs that leave the country for the same reason. With the corporate tax rate dropping from 35% to 21% that gives foreign manufactures even more to consider when deciding where to manufacture.
One thing I am sure about. The reaction from our foreign trading partners makes me sure they are convinced that these tariff are not going to cause jobs to leave the US and flow into their countries because if they thought they would pick up jobs from these tariffs they would be OK with them.
So BMW will walk away from a billion $ plus investment because they will not look for a domestic supplier for floor mats, owner manuals and sun visors? There are lots of little easy to manufacture items and good companies to manufacture the more complex items.The problem is that BMW won't look for suppliers in the US. They just won't and if it is a problem and not cost effective, they will move the plant to another country and not build another in the future.
The real problem is with something like soybeans (which is in a ton of products just like corn syrup/fructose)--that screws the American farmer and all major agriculture has been subsidized for years by taxpayer dollars to compete. It is a disaster...
To bad the entirety of your post is based on a something that is factually untrue.while our global competitors take advantage of us
BMW is just going to pass the cost of the tariff on to the buyer.So BMW will walk away from a billion $ plus investment because they will not look for a domestic supplier for floor mats, owner manuals and sun visors? There are lots of little easy to manufacture items and good companies to manufacture the more complex items.
What could you possibly be talking about? The ignorant position that the US is at some sort of competitive disadvantage worldwide because we are a net importer of goods? **** me.
We we're 'losing badly"? What objective evidence supports that assertion?
Protip: trade in goods deficits I with individual nation's doesn't support the assertion that we were already losing a trade war. Honestly, that's pure idiocy. That's simply not how this whole macro economics thing works.
This idiocy is costing us jobs. Period. Protectionism is wrong. That used to be a republican position.
I would not trust that organization. They have an agenda and it’s not helping American workers.From the god damn us chamber of commerce...
“Tariffs are beginning to take a toll on American businesses, workers, farmers, and consumers as overseas markets close to American-made products and prices increase here at home,” U.S. Chamber President Thomas Donohue said in a statement. “The administration is threatening to undermine the economic progress it worked so hard to achieve.”
Trumpers: your savior is wrong and is harming workers, the economy here, and USU competitiveness worldwide.
70% of the vehicles made in SC are exported. With the car specific tariffs, those cars will now cost anywhere from 20%-80% more in those countries. Not to mention they will already cost up to 20% more to produce in the US due to the steel/aluminum tariffs. Pretty good chance BMW won't sell the same amount of cars if they cost consumers 100% more now than years prior. If BMW can't sell American made cars internationally then there isn't a reason for them to have a big footprint in the US.So BMW will walk away from a billion $ plus investment because they will not look for a domestic supplier for floor mats, owner manuals and sun visors? There are lots of little easy to manufacture items and good companies to manufacture the more complex items.
I gotta be honest, I don't know enough about this to really have an opinion one way or the other. I just wish I could believe Trump when he says stuff, then I'd have an idea of whether we were really getting screwed by our trading partners or not...
But I don't believe a word out of his mouth w/o looking up the truth... He could be telling the truth, or he could be lying his ass off. I just don't know.
From the god damn us chamber of commerce...
“Tariffs are beginning to take a toll on American businesses, workers, farmers, and consumers as overseas markets close to American-made products and prices increase here at home,” U.S. Chamber President Thomas Donohue said in a statement. “The administration is threatening to undermine the economic progress it worked so hard to achieve.”
Trumpers: your savior is wrong and is harming workers, the economy here, and USU competitiveness worldwide.
Seriously?!?! Trump, love him or hate him has done what he said he was going to do. That’s refreshing for a politician regardless of party.
Are you of Chinese descent or something ?To bad the entirety of your post is based on a something that is factually untrue.while our global competitors take advantage of us
Are you of Chinese descent or something ?
Yes, seriously. I'm not talking about campaign promises (like healthcare that includes previous conditions, an infrastucture plan, or middleclass based tax reform). I'm talking about saying things that are just plain not true. For instance, how he couldn't do anything about separating children and that the Democrates and congress had to act to stop it... right before he stopped his own polities that started the whole damn thing by executive order. I could go on and on of course... but Trumps lies ALL THE TIME.
So when he tells me stuff like we are getting screwed, I don't know whether he's telling the truth or not.
Did you just go from "Trump is different" to "everyone else does it too" in back to back posts?What policitician doesn’t lie? Everything is a distraction....
Facts, huh. You mean slanted articles written by free-traders. Tell displaced workers about those facts.Are you of Chinese descent or something ?
No, I just did my homework and looked up the facts on our trade deals.
I didn't hear about it on a cable news network and assume it was right.
I suggest you do the same.
So without having any idea what articles I read or papers I reviewed you are able to judge them? Is that telepathy or telekinesis? I always get those two mixed up.Facts, huh. You mean slanted articles written by free-traders. Tell displaced workers about those facts.
Did you just go from "Trump is different" to "everyone else does it too" in back to back posts?
What policitician doesn’t lie? Everything is a distraction....