China VOWS to retaliate LOL
Well lets just see here we buy 505.5 Billion in goods from them, they buy 129.9 Billion in goods from us. Good luck Chuck.
Trump needs America to stand strong on this one and lets get this worked out fairly.
Once we convince China they need our money more than we need their cheap crap the other countries will be a breeze.
Stand strong support American farmers buy local and screw China!
Trump needs America to stand strong on this one and lets get this worked out fairly.
Once we convince China they need our money more than we need their cheap crap the other countries will be a breeze.
Stand strong support American farmers buy local and screw China!
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Ok just what I've seen on this. Since the Tarriffs started the biggest cost for us to produce has been the prices that were raised by American Companies.
They have raised their prices so high it is still cheaper for us to buy from China.
Now we really try to buy American cause a lot of our jobs are for the Government. Most of those jobs we have a requirement to buy American.0 -
quote:Originally posted by Missouri Mule K30
quote:Originally posted by SCOUT5
quote:Originally posted by Don McManus
quote:Originally posted by spasmcreek
we have given china enuff money to enable them to take first place in the world...and they do NOT want to gravy train to stop...partly depends on whether the AMERICAN consumer will give a chit or not and the politicians stand with AMERICA or china
If the American consumer gave a chit, this never would have happened in the first place.
The 'we' to whom you refer is the American consumer. It is not the politicians, it is not the government.
That said, China needs us a whole lot more than we need China.
Americans will eventually get use to paying $ 2,000.00 for a smartphone so that a living wage can be paid to American workers assembling them. We will get used to living with one $ 3,000.00 televisions instead of four $ 750.00 televisions.
A trade deficient is not 'giving them money'. It is the realization that the cost of production in some areas is lower than it is in others.
We can manufacture a whole lot of things cheaper than can be done in China. Steel, aluminum, most consumer electronics and most mass-produced plastic crap do not fall into that category. Trade barriers erected by China to protect their industry from the things we produce more efficiently should be negotiated out of existence. If it takes a tariff threat or a short term tariff plan to remove these barriers, perhaps it is the correct path.
It is not a long term strategy however, unless the afore mentioned price increases are something with which we are comfortable.
Don some of the reasons people turned to foreign products also lye with American manufacturing controlled by greedy unions. Let's face it. When a quality tool can be made by American workers, receiving a fair wage for, for $20.00. But the tool is made by unions workers, that are raping the company, and the unions costs drive the retail price of the tool to $40.00. What is the consumer to do? Keep paying inflated prices put of his fair salary so he can support the union guy making twice what he is?
Yes we need to buy American made. But only when a quality product is offered at a fair price. Fair price doesn't have top equate to Chinese junk price, but it does have to have correlation to the wages of the consumer compared to the wages of the person making the product.
I am not going to give $3000.00 dollars for a TV that can be sold for $1500 by workers receiving a fair wage. I know unions have their place and some a quality organizations. But we have those that aren't to thank, in large part, for a lot of our production jobs leaving the country.
Umm Yes that's got to be it.[:(]
As long as Americans continue to let carpetbaggers rape the country by buying the crap that is being imported by, who, carpetbaggers, then it is the Chinese buying consumer that is purchasing equipment for the Chinese military.
I will say it again, when the bullets come from the Chinese in another ten years, do not be surprised.
And back up with some facts as to why it was Unions that have created an import system that makes another bunch of pirates rich with the U.S. treasure. The same crap made over there sells for the same price once the factories close and there is no competition to create a system of competition to create quality products. Has nothing to do with unions. But continue to live in a glass house made from there.
+1 Missouri Mule
The absence of tariffs on goods coming into the US and the over taxing of US manufacturers (30%) is what communicated to our manufacturers that they were better off being foreign entities than being domestic companies.0 -
But billions have been made off free trade with China here in The USA and now capitalism has embraced Communism! Maybe the lobbyist and our Rich Oligarchical system here that accepted Red China can now solve this dilemma over weapons of war dealing with traditional opponents of United States of America.
Enough American blood has been spilled by The Illuminati over the ideology of political systems. It's all about the love of money and power in this world now.
A rich man's war and a poor man's fight has a ring of truth to it. Don't you think?
serf0 -
Don't think there is a world wide food surplus and china can't just quit importing to feed their 1.5 Billions citizens.
Remember OLD oil and NEW oil prices? (1976?). Within weeks there were hundreds of New "Oil Traders" when before there were only a few. Within Months there were NEW oil wells drilled.
People in the U.S. made Millions buying old oil at the LOW, LOW price and reselling it as NEW OIL. Oil Companies "capped" their OLD wells and started producing from their NEW wells and selling at the Higher new oil prices. Know this for a fact, worked on many nice, high paying projects to get NEW OIL. [:D]
Controls or tariffs the idea is the same.
Specifically, I will tell the story of the ?reseller boom,? in which financiers in the oil market made phony trades in order to evade the spirit (and sometimes the letter!) of the price control rules. Thus, clever traders instead siphoned off the ostensible margin of profit that was supposed to go to the American public. The episode was just one of the reasons that even Congress threw in the towel and realized that price controls were a very poor instrument.
https://www.instituteforenergyresearch.org/regulation/crazy-crude-oil-price-controls-1970s/
I'd imagine China will still be buying U.S. products but FIRST the items will be shipped to a non tariff destination and then to China or for consumption in the destination country and their "excess" sold to China.. the possibilities for making money are endless.
Don't underestimate the Capitalist spirit when there is money to be made and mouths to be fed.0 -
quote:Originally posted by droptop
Don't think there is a world wide food surplus and china can't just quit importing to feed their 1.5 Billions citizens.
Remember OLD oil and NEW oil prices? (1976?). Within weeks there were hundreds of New "Oil Traders" when before there were only a few. Within Months there were NEW oil wells drilled.
People in the U.S. made Millions buying old oil at the LOW, LOW price and reselling it as NEW OIL. Oil Companies "capped" their OLD wells and started producing from their NEW wells and selling at the Higher new oil prices. Know this for a fact, worked on many nice, high paying projects to get NEW OIL. [:D]
Controls or tariffs the idea is the same.
Specifically, I will tell the story of the ?reseller boom,? in which financiers in the oil market made phony trades in order to evade the spirit (and sometimes the letter!) of the price control rules. Thus, clever traders instead siphoned off the ostensible margin of profit that was supposed to go to the American public. The episode was just one of the reasons that even Congress threw in the towel and realized that price controls were a very poor instrument.
https://www.instituteforenergyresearch.org/regulation/crazy-crude-oil-price-controls-1970s/
I'd imagine China will still be buying U.S. products but FIRST the items will be shipped to a non tariff destination and then to China or for consumption in the destination country and their "excess" sold to China.. the possibilities for making money are endless.
Don't underestimate the Capitalist spirit when there is money to be made and mouths to be fed.
Your capitalist spirit is just called greed when dealing with communist dictatorships. The ideology of political systems should have been a factor for not doing business with a dictatorship in Asia!
Marx's said it best when saying give the West enough rope and they will hang themselves.
serf0 -
quote:Originally posted by serf
quote:Originally posted by droptop
Don't think there is a world wide food surplus and china can't just quit importing to feed their 1.5 Billions citizens.
Remember OLD oil and NEW oil prices? (1976?). Within weeks there were hundreds of New "Oil Traders" when before there were only a few. Within Months there were NEW oil wells drilled.
People in the U.S. made Millions buying old oil at the LOW, LOW price and reselling it as NEW OIL. Oil Companies "capped" their OLD wells and started producing from their NEW wells and selling at the Higher new oil prices. Know this for a fact, worked on many nice, high paying projects to get NEW OIL. [:D]
Controls or tariffs the idea is the same.
Specifically, I will tell the story of the ?reseller boom,? in which financiers in the oil market made phony trades in order to evade the spirit (and sometimes the letter!) of the price control rules. Thus, clever traders instead siphoned off the ostensible margin of profit that was supposed to go to the American public. The episode was just one of the reasons that even Congress threw in the towel and realized that price controls were a very poor instrument.
https://www.instituteforenergyresearch.org/regulation/crazy-crude-oil-price-controls-1970s/
I'd imagine China will still be buying U.S. products but FIRST the items will be shipped to a non tariff destination and then to China or for consumption in the destination country and their "excess" sold to China.. the possibilities for making money are endless.
Don't underestimate the Capitalist spirit when there is money to be made and mouths to be fed.
Your capitalist spirit is just called greed when dealing with communist dictatorships. The ideology of political systems should have been a factor for not doing business with a dictatorship in Asia!
Marx's said it best when saying give the West enough rope and they will hang themselves.
serf
Agreed.0
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