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Topic: Trump should raise tariffs to 50% (Read 395 times)

legendary
Activity: 3906
Merit: 1373
September 04, 2019, 01:17:18 PM
#41
The link is a Youtube video.

Is THIS Trade Armageddon?

https://www.youtube.com/watch?v=lZAYRg1e5Bo



Is THIS Trade Armageddon?



Donald Trump went on an even bigger twitter rant than usual against the Chinese. In his series of tweets, POTUS accused the Chinese of stealing Billions of Dollars a year and "Hereby" ordered American companies to stop doing business in China.

During this livestream that was later turned into a report, WAM's economic analysts John Sneisen and Tim Picciott discuss the ramifications of the heated up rhetoric and where things are going.

If you would like to take part in the live Q&A make sure you subscribe to us using the links below. In a world where more and more censorship is occurring we'd highly appreciate it if you could diversify how you stream are shows. We would recommend subscribing to us on dlive / flote for live shows and bitchute for archived content.


Cool
legendary
Activity: 3906
Merit: 1373
September 03, 2019, 11:02:20 AM
#40
You should not talk that way because the us also need the Chinese economy,a lot of us companies are in China and also I'd a big market for the us economy both of them need each other to boost there rconomy

The US doesn't need China. The only reason why it might appear that the US needs China, is because of criminal elements within the American government that are attempting to form a one-world government.

As I have said before, tariffs will make American people flex their muscles by causing them to build everything they need at home. This will make America strong... more jobs... more ingenuity... more at-home inventions... more unity... etc.

Without China, the US will flourish. China is like a great big monkey (King Kong) on the back of the USA. Throw the monkey off, and get back to life.

Cool
newbie
Activity: 14
Merit: 0
September 03, 2019, 02:50:32 AM
#39
You should not talk that way because the us also need the Chinese economy,a lot of us companies are in China and also I'd a big market for the us economy both of them need each other to boost there rconomy
legendary
Activity: 3906
Merit: 1373
September 02, 2019, 06:19:08 AM
#38
Bring business and jobs back to America! Raise import tariffs so high that no other country can afford to sell their products to America. This way America will become strong by making her own products... and by selling them overseas.

Cool
sr. member
Activity: 868
Merit: 266
September 02, 2019, 06:12:04 AM
#37
Trump should put an end to all this Trade War with China because in the end, it's the American consumers who are going to end up paying more money for their products and it's going to hurt both sides because if it wasn't the Chinese government wouldn't also retaliate. In the end it benefits neither country.
legendary
Activity: 3906
Merit: 1373
August 31, 2019, 11:47:10 AM
#36
President Trump should raise tariffs to 50% on every Chinese piece of shit imported to this country.  He should also raise Taxes to U.S. Companies that use Chinese slave labor to build their merchandise.

Fuck the Chinese Government.

I wonder where this hate stems from.
Why do you want to see tariffs going up? This is going to be disastrous not only for China, but for the US and the global merchandise. Are you aware that there are a lot of companies that produce their products in China and getting advantage of this "slave labor" you have stated?

Most people don't simply hate for the fun of it. Usually they have a reason.

One could hate the fact that Americans labor but are being treated unfairly. Many countries have higher taxes on products coming into the country than the US does. That doesn't seem fair for the little guy. Americans pay more to sell their products elsewhere.

Yet cheap labor elsewhere allows those countries to make products cheaper, and then compete with Americans in the markets of America. This causes big companies to go to other nations, Americans lose jobs, and yet they expect to pay for products.

This whole operation is very complex. But the bottom line of the whole thing is that some people (American Presidents) are using the American government to set up a one world government.

Like everyone else, Americans like their own country. They don't want a one-world government. If all trade between America and other countries stopped, American people would have to make their own stuff. Jobs would come back to America. American ingenuity would be exercised. America would become stronger because of it.

Other nations can trade among themselves if they want. That's up to them. But America can be strong within itself. It doesn't need or want these other nations to be strong with it. That's all that tariffs do. They make America strong.

If trade between America and other countries litrally stopped today, it might be painful for a while. But America would become stronger for it. Those who understand this, are angry that the whole thing that made America weak happened in the first place.

Cool
member
Activity: 980
Merit: 62
August 31, 2019, 02:38:13 AM
#35
President Trump should raise tariffs to 50% on every Chinese piece of shit imported to this country.  He should also raise Taxes to U.S. Companies that use Chinese slave labor to build their merchandise.

Fuck the Chinese Government.

I wonder where this hate stems from.
Why do you want to see tariffs going up? This is going to be disastrous not only for China, but for the US and the global merchandise. Are you aware that there are a lot of companies that produce their products in China and getting advantage of this "slave labor" you have stated?
legendary
Activity: 3906
Merit: 1373
August 30, 2019, 05:03:21 PM
#34

Western democracies need to decouple their economies from China.  

Tariffs will have a temporary negative impact on corporate profits, will dampen the demand somewhat but in the long-term, the political goal of decoupling from China will be accomplished as companies will look for non-Chinese suppliers and in the end will look at the domestic market.  But the tariffs will kill the Chinese economy and hopefully will bring the desired political 'Perestroika' in China.

What American and other Western companies were allowed to do in the last 30 years is criminal, especially where it comes to IP.  Militarily and politically West was on the suicide march.

West should not trade with China.  Period.

Maybe Trump's endgame is the regime change in China.

For once we are in reasonable agreement on something.     Cool
legendary
Activity: 2702
Merit: 1468
August 30, 2019, 02:13:21 PM
#33
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.

I mean, it hurts consumers yes -- but it is also lowering the amount of revenue that China is getting from selling these products in the US, as people are turning to other products to purchase instead of purchasing Chinese goods. So the way this helps is that it forces China to actually look into policing intellectual property related issues, which is something that they've turned a blind eye too while they've been able to make an immense amount of money from.

China will literally allow their companies to simply steal from other companies, with nothing being done to stop this behavior.

Yes, maybe there is a better way to force China into dealing with this issue -- but to say that China is the 'good guy' in this situation is unfair.

Definitely not saying China is the good guy here, particularly regarding the forced transfer of IP. However the tariff policy is misguided and hurts the US consumer far more than China. China will not lose money here as they will find ready consumers in Europe and elsewhere for all their goods, and indeed there is evidence this has already happened in some markets.

Actually, tariffs don't hurt the US economy. Why not? Because tariffs bring jobs back to US people. In addition, tariffs exercise America, and exercise makes America strong just like exercise in a gym makes people stronger.

This doesn't mean that a transition back to power is going to go smoothly. But it is sure better than reducing American power as a one-world government does. And such a government is achieved through suckering Americans to accept foreign tariffs without having many of their own.

China and the rest of the world won't do anything against America. Why not? Because nobody really wants war. Especially the kind of destructive war that would happen today.

Perhaps the world could unite and take America down. But the cost would be great. That's why the world has been using American freedom to dump people like Obama and Ilhan Omar into American government. Because they know that direct war with America would be too costly. So do it through covert tactics.

Cool

Western democracies need to decouple their economies from China. 

Tariffs will have a temporary negative impact on corporate profits, will dampen the demand somewhat but in the long-term, the political goal of decoupling from China will be accomplished as companies will look for non-Chinese suppliers and in the end will look at the domestic market.  But the tariffs will kill the Chinese economy and hopefully will bring the desired political 'Perestroika' in China.

What American and other Western companies were allowed to do in the last 30 years is criminal, especially where it comes to IP.  Militarily and politically West was on the suicide march.

West should not trade with China.  Period.

Maybe Trump's endgame is the regime change in China.
legendary
Activity: 3906
Merit: 1373
August 30, 2019, 06:20:31 AM
#32
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.

I mean, it hurts consumers yes -- but it is also lowering the amount of revenue that China is getting from selling these products in the US, as people are turning to other products to purchase instead of purchasing Chinese goods. So the way this helps is that it forces China to actually look into policing intellectual property related issues, which is something that they've turned a blind eye too while they've been able to make an immense amount of money from.

China will literally allow their companies to simply steal from other companies, with nothing being done to stop this behavior.

Yes, maybe there is a better way to force China into dealing with this issue -- but to say that China is the 'good guy' in this situation is unfair.

Definitely not saying China is the good guy here, particularly regarding the forced transfer of IP. However the tariff policy is misguided and hurts the US consumer far more than China. China will not lose money here as they will find ready consumers in Europe and elsewhere for all their goods, and indeed there is evidence this has already happened in some markets.

Actually, tariffs don't hurt the US economy. Why not? Because tariffs bring jobs back to US people. In addition, tariffs exercise America, and exercise makes America strong just like exercise in a gym makes people stronger.

This doesn't mean that a transition back to power is going to go smoothly. But it is sure better than reducing American power as a one-world government does. And such a government is achieved through suckering Americans to accept foreign tariffs without having many of their own.

China and the rest of the world won't do anything against America. Why not? Because nobody really wants war. Especially the kind of destructive war that would happen today.

Perhaps the world could unite and take America down. But the cost would be great. That's why the world has been using American freedom to dump people like Obama and Ilhan Omar into American government. Because they know that direct war with America would be too costly. So do it through covert tactics.

Cool
sr. member
Activity: 1197
Merit: 482
August 29, 2019, 12:08:31 PM
#31
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.

I mean, it hurts consumers yes -- but it is also lowering the amount of revenue that China is getting from selling these products in the US, as people are turning to other products to purchase instead of purchasing Chinese goods. So the way this helps is that it forces China to actually look into policing intellectual property related issues, which is something that they've turned a blind eye too while they've been able to make an immense amount of money from.

China will literally allow their companies to simply steal from other companies, with nothing being done to stop this behavior.

Yes, maybe there is a better way to force China into dealing with this issue -- but to say that China is the 'good guy' in this situation is unfair.

Definitely not saying China is the good guy here, particularly regarding the forced transfer of IP. However the tariff policy is misguided and hurts the US consumer far more than China. China will not lose money here as they will find ready consumers in Europe and elsewhere for all their goods, and indeed there is evidence this has already happened in some markets.
legendary
Activity: 1666
Merit: 1285
Flying Hellfish is a Commie
August 29, 2019, 12:00:13 PM
#30
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.

I mean, it hurts consumers yes -- but it is also lowering the amount of revenue that China is getting from selling these products in the US, as people are turning to other products to purchase instead of purchasing Chinese goods. So the way this helps is that it forces China to actually look into policing intellectual property related issues, which is something that they've turned a blind eye too while they've been able to make an immense amount of money from.

China will literally allow their companies to simply steal from other companies, with nothing being done to stop this behavior.

Yes, maybe there is a better way to force China into dealing with this issue -- but to say that China is the 'good guy' in this situation is unfair.
full member
Activity: 1498
Merit: 146
August 29, 2019, 10:53:18 AM
#29
Trade war is not going to affect the China tremendously but it can affect the US since they are consumptional economy so they are making more import and they rely on the other ountries for the groceries and other stuffs.If Trump increase the taxes then surely China will increase the taxes for US products which will affect lot of enterprenuers from US as well.
legendary
Activity: 3906
Merit: 1373
August 28, 2019, 05:31:29 PM
#28
^^^ The 50% IS the warning to US companies to move out of China.

The Chinese student spies are working for both sides, often without knowing it. They are being tutored in American freedom, something they will take back home.

If people like what Trump is doing, they will re-elect him. Then he can raise tariffs to thousands of percents. But if he isn't re-elected, why should he raise them so high that he causes chaos in America that some other president will have to fix? Trump is on schedule.

The Hong Kong riots show the sentiment throughout China against the gang that is called the Chinese Government. China isn't united.

Cool
legendary
Activity: 2702
Merit: 1468
August 28, 2019, 10:54:52 AM
#27
President Trump should raise tariffs to 50% on every Chinese piece of shit imported to this country.  He should also raise Taxes to U.S. Companies that use Chinese slave labor to build their merchandise.

Fuck the Chinese Government.

Before doing that, he should allow American companies to get their capital out of China, then expel all Chinese "students" aka spies, delist all Chinese companies from the US stock exchanges, freeze assets of Chinese nationals and companies, etc.

Then he should raise tariffs to 500-1000%.

This is war.  The CCP is a criminal gang it should be treated as such.
legendary
Activity: 3906
Merit: 1373
August 28, 2019, 10:21:20 AM
#26

Let's see what else comes up to contain China. But very soon they want it or not, but China will most likely prevail and everyone will have to reckon with it.

Except for one major point. China isn't China. The word "China" is used by historians to maintain some organized aspect of lands in the area that we call "China." The truth is that China has been made up of all kinds of nations over the last several thousands years. Japan is an example of a chunk of China that broke away enough to solidify a nation that had almost no Chinese appearance.

China is not one. The Hong Kong riots prove it. There is no solidified China. The Chinese government barely holds it to some semblance of order. Too much governmental force, and they will destroy the little hold they have on it at all.

Cool
legendary
Activity: 3906
Merit: 1373
August 25, 2019, 09:13:06 PM
#25
More than a handful of countries have levied retaliatory tariffs against US goods. I ship a handful of $20-40 trinkets worldwide on a daily basis. In ~2017 most countries only charged import taxes on goods valued at over $300 ($100 in a few cases) or if they were of a certain type, precious metals for example. Now, when I ship a $30 bag to Europe, it gets hit by 15-18 euro customs fees. A fair number of my customers get tax bills higher than they expect and then decide to claim that they didn't order it to avoid the tax. Then I get the bag back a few weeks later. I've noticed its Europe, Australia, and parts of South America that are blocking out US goods, funny enough I've had no problems with trade in Asia. Its been devastating to small US businesses that operate on Etsy or Ebay, as we've lost most foreign business.


Good! Let the other countries stew in their own juices. We can outdo them in anything. If they have certain raw materials that we don't, we can find a way around needing those raw materials.

It might take a little while, but they will come begging to us in the long run. After all, Trump isn't even through his first term, yet. And already he has reversed a whole lot of the one-world push that the other presidents have done to us.

Cool
legendary
Activity: 3906
Merit: 1373
August 25, 2019, 09:09:27 PM
#24
I can remember when British opinion of US products was that they were cheap ripoffs of our higher quality products, It's ironic that the US is saying the same about China. Just compare a McDonalds burger with a steak, and you will get the idea.

The trade wars are extremely damaging for the US, and many countries may not return to US products once they have established supplies from other countries. Trump is having to provide subsidies for the farming industry, but most of these payments go to corporate holders who use toxic Pharma products to poison Americans. American Soya and Chicken products have a terrible reputation in the world, and I will not buy them. If Trump really wants to make America great again, he should encourage the improvement of quality and productivity, and let the US grow in a world of free trade competition.

Not damaging at all. People are people, and so far Americans can outdo just about any other people. Why? Because we have people from all the nations here.

We can do it better, whatever. The only reason we don't is that some of us think that Government is God. And it is Government that is holding us back... except that Trump is reversing all that.


Cool
legendary
Activity: 3906
Merit: 1373
August 25, 2019, 09:06:37 PM
#23
^^^ I'm not saying that raising tariffs today will mean we are suddenly producing everything ourselves tomorrow. But it all equals out if we do it slowly. The trouble is that it will crash the Federal Reserve Bank and their fiat Ponzi. why? Because of payments made by those foreign nations.

But that's what we want. We are bitcoin people. Crashing the FED will raise the value of our bitcoins, and make us the rich people in the world.

Let's go for it.

Cool

federal reserve will then start taking other banks into the grave with them, why not accept a communist capitalist fiat ponzi in usa but accept a nazi fiat ponzi in china.

So what? They won't be taking my Bitcoin bank down easily, or yours if you have one. Buy some bitcoins if you don't have any. Be your own bank.

Cool
full member
Activity: 952
Merit: 104
August 25, 2019, 03:57:00 PM
#22
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.


That  is right tariffs or taxes increase people shoulder it not the company's or the government, I think if the US governments hate the china much better to banned all product came from the Chinese government than to give  the responsibility shouldered additional tariffs of the community.
legendary
Activity: 3318
Merit: 2008
First Exclusion Ever
August 25, 2019, 03:35:55 PM
#21
President Trump should raise tariffs to 50% on every Chinese piece of shit imported to this country.  He should also raise Taxes to U.S. Companies that use Chinese slave labor to build their merchandise.

Fuck the Chinese Government.

I dont think that our president will raise tariffs to 50% as many of US companies are making huge profits using chinese cheap slaves. Many corporations will do all their best for not letting the tariffs. But China becomes stronger every day and sooner or later US government have to do something with it.  

That is kind of the point of the tariffs, without some kind of control other nations will not be able to compete with what essentially amounts to as Chinese slave labor. That means the workforce in the US and other nations have the buying power of their own labor reduced in the process ultimately leaving us all in that state. China artificially boosts tons of state run companies. There is no way to compete with this in an open market without some kind of restriction, and tariffs serve that purpose.
legendary
Activity: 3906
Merit: 1373
August 24, 2019, 06:05:40 PM
#20
Don't forget that Trump is pushing Quantum Easing 4, so that we can offer 20% interest on all the bonds the orientals dump.

Cool
legendary
Activity: 3346
Merit: 1352
Leading Crypto Sports Betting & Casino Platform
August 24, 2019, 11:46:56 AM
#19
Don't forget the fact that the Chinese government owns trillions of USD worth of US treasury bonds (6.9% of all US federal debt). Along with Japan, they are among the top holders of US debt. They will just dump all these bonds if Trump becomes too hostile. In the end, United States will no longer be able to sell their bonds at very low interest rates like 3% and it can have a negative impact on the economy.
legendary
Activity: 3906
Merit: 1373
August 24, 2019, 11:06:57 AM
#18
I think I saw something in my feed about China increasing tarrifs on American products. I believe it's about $75B worth of US goods.

I have no idea if it would be enough to hurt America's economy. America mostly export automobiles to China while they import mostly everyday goods. Sure the US citizens are gonna suffer from less cheap goods but China would be losing a lot of sales and I doubt Asia can absorb all that excess production.

Trump raised the Tariffs an additional 5% across the board because of this.

We don't need China to make our goods. All we need is reduced regulation by Government. Let government regulate all the corporations to death. But let all the Mom and Pop businesses be entirely free of every regulation, including taxes.

Cool
member
Activity: 270
Merit: 17
August 24, 2019, 11:01:47 AM
#17
I think I saw something in my feed about China increasing tarrifs on American products. I believe it's about $75B worth of US goods.

I have no idea if it would be enough to hurt America's economy. America mostly export automobiles to China while they import mostly everyday goods. Sure the US citizens are gonna suffer from less cheap goods but China would be losing a lot of sales and I doubt Asia can absorb all that excess production.

Trump raised the Tariffs an additional 5% across the board because of this.
legendary
Activity: 3906
Merit: 1373
August 24, 2019, 10:26:30 AM
#16
Time for Trump to raise import tariffs to 50 quadrillion percent.

Cool
sr. member
Activity: 994
Merit: 302
August 24, 2019, 09:42:51 AM
#15
I think I saw something in my feed about China increasing tarrifs on American products. I believe it's about $75B worth of US goods.

I have no idea if it would be enough to hurt America's economy. America mostly export automobiles to China while they import mostly everyday goods. Sure the US citizens are gonna suffer from less cheap goods but China would be losing a lot of sales and I doubt Asia can absorb all that excess production.
legendary
Activity: 2590
Merit: 2156
Welcome to the SaltySpitoon, how Tough are ya?
August 24, 2019, 07:28:04 AM
#14
More than a handful of countries have levied retaliatory tariffs against US goods. I ship a handful of $20-40 trinkets worldwide on a daily basis. In ~2017 most countries only charged import taxes on goods valued at over $300 ($100 in a few cases) or if they were of a certain type, precious metals for example. Now, when I ship a $30 bag to Europe, it gets hit by 15-18 euro customs fees. A fair number of my customers get tax bills higher than they expect and then decide to claim that they didn't order it to avoid the tax. Then I get the bag back a few weeks later. I've noticed its Europe, Australia, and parts of South America that are blocking out US goods, funny enough I've had no problems with trade in Asia. Its been devastating to small US businesses that operate on Etsy or Ebay, as we've lost most foreign business.
legendary
Activity: 2814
Merit: 2472
https://JetCash.com
August 24, 2019, 03:27:30 AM
#13
I can remember when British opinion of US products was that they were cheap ripoffs of our higher quality products, It's ironic that the US is saying the same about China. Just compare a McDonalds burger with a steak, and you will get the idea.

The trade wars are extremely damaging for the US, and many countries may not return to US products once they have established supplies from other countries. Trump is having to provide subsidies for the farming industry, but most of these payments go to corporate holders who use toxic Pharma products to poison Americans. American Soya and Chicken products have a terrible reputation in the world, and I will not buy them. If Trump really wants to make America great again, he should encourage the improvement of quality and productivity, and let the US grow in a world of free trade competition.
hero member
Activity: 2646
Merit: 686
August 23, 2019, 10:29:35 PM
#12
President Trump should raise tariffs to 50% on every Chinese piece of shit imported to this country.  He should also raise Taxes to U.S. Companies that use Chinese slave labor to build their merchandise.

Fuck the Chinese Government.

Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.

@otrkid1970 your wish has been granted as Trump has decided to escalate the trade war with China, and in a tweet has asked “Great American companies to move out of China and manufacture at home”. We all know how that American companies are heavily reliant on China for cheap labor and manufacturing costs, and if these companies most notably Apple moves out of China then their economy will take a huge hit and they’ll never be able to recover from it. The tariff war is getting ugly but I feel China will suffer more if they don’t bend the knee, as Trump will not stop till he gets what he wants.

Source: https://www.washingtonpost.com/business/2019/08/23/trump-hereby-orders-us-business-out-china-can-he-do-that/?noredirect=on
sr. member
Activity: 1470
Merit: 325
August 23, 2019, 10:03:13 PM
#11
^^^ I'm not saying that raising tariffs today will mean we are suddenly producing everything ourselves tomorrow. But it all equals out if we do it slowly. The trouble is that it will crash the Federal Reserve Bank and their fiat Ponzi. why? Because of payments made by those foreign nations.

But that's what we want. We are bitcoin people. Crashing the FED will raise the value of our bitcoins, and make us the rich people in the world.

Let's go for it.

Cool

federal reserve will then start taking other banks into the grave with them, why not accept a communist capitalist fiat ponzi in usa but accept a nazi fiat ponzi in china.
sr. member
Activity: 1470
Merit: 325
August 23, 2019, 10:02:04 PM
#10
American manufacturing like it was in the 1950s into its decline in the 1970s is something that'll likely never happen again. It was the biggest boom in manufacturing in the history of the world. It could only occur because all other country's manufacturing capabilities were crippled by bombed factories, and the US had a monopoly on the manufacturing industry, it had very little to do with economic policy. If we want to return to that, we'll need WW3 to take out all of Europe and Asia's factories again. We'll also need to triple the population, and population density, as our supply chain isn't nearly as compact as China's.

We had the same slave labor as China not too long ago. Bringing that back would also be a good step towards returning to US manufacturing's golden era.

america and its hedonism culture was responsible for world war 3 the greedy american enterpreneurs wanted eastern europeans as labour in their companies.
legendary
Activity: 3906
Merit: 1373
August 23, 2019, 08:42:14 PM
#9
^^^ I'm not saying that raising tariffs today will mean we are suddenly producing everything ourselves tomorrow. But it all equals out if we do it slowly. The trouble is that it will crash the Federal Reserve Bank and their fiat Ponzi. why? Because of payments made by those foreign nations.

But that's what we want. We are bitcoin people. Crashing the FED will raise the value of our bitcoins, and make us the rich people in the world.

Let's go for it.

Cool
legendary
Activity: 2590
Merit: 2156
Welcome to the SaltySpitoon, how Tough are ya?
August 23, 2019, 06:25:22 PM
#8
^^^ Well, if it could never happen again, then we need all the help we can get... like 50 million percent tariffs.

The only reason we lost slave labor over in China, is because Government lifted tariffs so that cheap foreign labor was open to us. Then they allowed the transferring of technology to these countries that would have never developed anything on their own.

Cool

We can't compete with cheap foreign labor regardless of tariffs, and its not really that big of an issue. The amount of value added to a blob of plastic by turning it into a plastic fork is significantly less than the service based industries we've supported. Its cheaper and more efficient to import stuff from China because they have major geographical and workforce advantage. Competing to see who can make the cheaper plastic forks is just going to make plastic forks more expensive.

I worked on graphene capacitors, and one of the biggest problems was supply. China is the only country at the moment with the capability of making graphene wafers in a specific manner, because the facility setup required billions of dollars. Acquiring the capital investment, land, permits, and workforce to operate a facility that needs 55,000 workers per shift just isn't feasible anywhere in the US.

Its not a big deal, we just need to focus on what we do best and sell that to countries that do something else. Be mindful of strategic resources and manufacturing, but we don't need to worry about a shortage of plastic forks if relations sour.

Assuming the OP's point is about IP rights of tech firms and stuff, thats kind of a separate issue than what I've talked about to this point. Each person has their own opinion on that, and I can respect that.
legendary
Activity: 3906
Merit: 1373
August 23, 2019, 05:55:54 PM
#7
^^^ Well, if it could never happen again, then we need all the help we can get... like 50 million percent tariffs.

The only reason we lost slave labor over in China, is because Government lifted tariffs so that cheap foreign labor was open to us. Then they allowed the transferring of technology to these countries that would have never developed anything on their own.

Cool
legendary
Activity: 2590
Merit: 2156
Welcome to the SaltySpitoon, how Tough are ya?
August 23, 2019, 05:40:17 PM
#6
American manufacturing like it was in the 1950s into its decline in the 1970s is something that'll likely never happen again. It was the biggest boom in manufacturing in the history of the world. It could only occur because all other country's manufacturing capabilities were crippled by bombed factories, and the US had a monopoly on the manufacturing industry, it had very little to do with economic policy. If we want to return to that, we'll need WW3 to take out all of Europe and Asia's factories again. We'll also need to triple the population, and population density, as our supply chain isn't nearly as compact as China's.

We had the same slave labor as China not too long ago. Bringing that back would also be a good step towards returning to US manufacturing's golden era.
member
Activity: 270
Merit: 17
August 23, 2019, 04:35:00 PM
#5
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.

When people can't afford foreign products because of high import tariffs, then we will make our own stuff. Jobs will come back. We won't need the world. The world will need us.

This is what Trump is trying to do for us... make us independent from the world. He is reversing in one short term, the weakening of America that has been done by Presidents for decades. Long live Trump!

Cool

Hell yeah!
legendary
Activity: 3906
Merit: 1373
August 23, 2019, 04:27:32 PM
#4
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.

When people can't afford foreign products because of high import tariffs, then we will make our own stuff. Jobs will come back. We won't need the world. The world will need us.

This is what Trump is trying to do for us... make us independent from the world. He is reversing in one short term, the weakening of America that has been done by Presidents for decades. Long live Trump!

Cool
sr. member
Activity: 1470
Merit: 325
August 23, 2019, 04:13:43 PM
#3
President Trump should raise tariffs to 50% on every Chinese piece of shit imported to this country.  He should also raise Taxes to U.S. Companies that use Chinese slave labor to build their merchandise.

Fuck the Chinese Government.

good luck then convincing americas poorer parts who only care about themselves.
sr. member
Activity: 1197
Merit: 482
August 23, 2019, 03:29:56 PM
#2
Tariffs are passed to the consumer, they aren't hurting China at all, other countries just move in to buy their cheap goods they developed from the US happily and shortsightedly handing over their IP.
member
Activity: 270
Merit: 17
August 23, 2019, 03:28:02 PM
#1
President Trump should raise tariffs to 50% on every Chinese piece of shit imported to this country.  He should also raise Taxes to U.S. Companies that use Chinese slave labor to build their merchandise.

Fuck the Chinese Government.
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