China only buys like $120 billion from us , so in the long run tarrifs hurt them more. They will have to come to the table by mid 2019.
First the tariffs hurts US consumers who have no domestically produced alternatives to choose from.
The reduced consumption will hurt US retailers before they hurt Chinese producers.
I's a comical misconception that China will pay the tariffs to the US government
See it as a 25% sales tax instead...
Grey importing Chinese goods trough Taiwan, or even Europe?
I work for myself and what I do is a physically demanding job and what I see is the problems is Americans are lazy now people don't even want to get off their ass to grocery shop now plus everyone wants to make $100 a hr and sit on theirs ass to do it with the best benefits and 200 days paid off shit is out of control we don't produce anymore cause no one wants to work thats the problem its not China or Vietnam, I can't even find a 18 yr old kid that want's to do anything besides plant their face into a cell phone or ps4
americans actually work more than other first world countries , more hours etc
He's just old, tired, and out of shape, thinking that this is America in the hardcore industrial revolution days again. I'm 34 years old. When I was a teenager, I had plenty of physically demanding jobs that I was paid shit for, but I was also planting my face in the screen of a commodore 64 at age 12. At age 14/15/16/17 it was the screen of a WIN95, WIN98, LINUX computer. Or planting my face inside of one looking at the hardware. By the age of 18, I didn't need a physically demanding job. There were plenty of information technology jobs that paid well enough. Some of those jobs were hauling around pc's and crt monitors and setting them up for client's (which was a bit physical), and that was crappy, but it was a start. Between formal continuing education and self taught education as a teenager, I have been very successful in the information technology industry (planting my face into a screen) over the past 14 years. There is a huge difference between planting yourself into the screen of angry birds and planting yourself into a screen that contains the knowledge that will help you build a better future. You don't have to move thousands of pounds of rocks around to be successful.
Everyone shops for grocery's unless they don't eat or only eat out. Most people don't make 100$/hour or even close to it. And no one gets 200/365 vacation days per year. I feel lucky to have 4 weeks of paid time off per year.
Exactly , if you are doing a physically demanding back breaking job that is because you CHOSE that path. Most of us don't need to do work like that because this is America not some 3rd world country there are wide range of jobs, be it construction, architecture , and tech sector jobs for all comers.
I agree , there is a huge shortage of workers for IT jobs like web design, mobile app design and even SKILLED manufacturing techs who can handle robot operating systems and make sure , Americans are not Lazy , we just work smarter and are general such a well educated work force becase the country is tech driven so you have to be adaptable.
Check the stats , Americans get two weeks of vacation on average vs a month in other developed countries, way less time off so we actually are a more productive work force overall and we get paid shit for all that extra productivity unless you are management/CEO level.
Thats why we are into crypto since it is an alternative to the top heaving work system we have now.