What is your view on Trade War

[eric_wahlberg]

I want a nice opinion. No trump bashing please.

What do you think of Trade war i.e. new protectionism method in USA.

Do you agree with it or not?

Please give your views.

[pimpmaster9000]

fat people do not win races...

[bronco67]

Trump needs to understand that not everything is a zero sum game. There has to be enough of a compromise so each side gets something they want/need in a business negotiation, otherwise it's just a robbery.

[NewNick]

Trump does not understand what a trade surplus is.

Trump does not understand that US businesses make money by using low cost Chinese manufacturing to supply wealthy US consumers.

That is what trade is. Making money by exploiting the cost difference in goods and services from different parts of the world.

The trade surplus is not "being ripped off by China". That is an immature and foolish position to take.

So now the idiot claims that the trade war makes money for the US and that China pays for it. Nothing could be further from the truth.

US businesses and consumers pay the tariffs.

Even a blind man on a galloping horse can see that.

[directfiesta]

Originally Posted by NewNick

Trump does not understand what a trade surplus is.

Trump does not understand that US businesses make money by using low cost Chinese manufacturing to supply wealthy US consumers.

That is what trade is. Making money by exploiting the cost difference in goods and services from different parts of the world.

The trade surplus is not "being ripped off by China". That is an immature and foolish position to take.

So now the idiot claims that the trade war makes money for the US and that China pays for it. Nothing could be further from the truth.

US businesses and consumers pay the tariffs.

Even a blind man on a galloping horse can see that.

I love the so-called tax break ( his first '' accomplishment '' ) on the rich, then you tax the mass ( consumers ) with the tariffs ...

USA people are paying the tariffs ( coming in ) and if the tariffs from China on US goods cuts sales, the USA jobs are also paying for it ....

Stupid move in today's economy ....

[Bladewire]

Originally Posted by eric_wahlberg

I want a nice opinion. No trump bashing please.

What do you think of Trade war i.e. new protectionism method in USA.

Do you agree with it or not?

Please give your views.

I agreed with the trade war in the beginning.

The trade war started January 22, 2018

The stock market stopped it's upward trend January 26, 2018

It's been 17 months and our stock market levels today are lower than they were January 26th.

Our trade gap with China is at world record levels, the highest it's ever been in history.

Congress had to give emergency funding to our farmers because China is not buying their goods, that emergency funding stopped right after the midterms.

Now our electronics and steel from China are going to have increased tariffs of 25%.

So in the end I think that either the administration has done it incorrectly and they won't be successful or China is better at the American businesses they put tariffs on than we are with their their businesses we put tariffs on, because the trade gap has increased tremendous amount and that's a win for China.

[Rochard]

Originally Posted by NewNick

Trump does not understand what a trade surplus is.

Trump does not understand that US businesses make money by using low cost Chinese manufacturing to supply wealthy US consumers.

That is what trade is. Making money by exploiting the cost difference in goods and services from different parts of the world.

The trade surplus is not "being ripped off by China". That is an immature and foolish position to take.

So now the idiot claims that the trade war makes money for the US and that China pays for it. Nothing could be further from the truth.

US businesses and consumers pay the tariffs.

Even a blind man on a galloping horse can see that.

Pretty much.... Exactly what you just said.

[Busty2]

Nobody wins a trade war !

[Hawkeye]

Originally Posted by eric_wahlberg

I want a nice opinion. No trump bashing please.

What do you think of Trade war i.e. new protectionism method in USA.

Do you agree with it or not?

Please give your views.

China started its trade war against us almost 3 decades ago.

Thanks to a combination of corruption and incompetence by our previous 4 Presidents, it was allowed to continue with no consequences.

But now we finally have a President who serves the American people, rather than serving Wall Street and the Banksters (or whichever Chinaman writes him a check).

It's quite refreshing to see a President fighting for us on the trade front, though there's still a long way to go.

[NewNick]

Originally Posted by Hawkeye

China started its trade war against us almost 3 decades ago.

Thanks to a combination of corruption and incompetence by our previous 4 Presidents, it was allowed to continue with no consequences.

But now we finally have a President who serves the American people, rather than serving Wall Street and the Banksters (or whichever Chinaman writes him a check).

It's quite refreshing to see a President fighting for us on the trade front, though there's still a long way to go.

Your understanding of basic economics and global trade is just behind your Orange Leader. Less than zero. Well done.

What exactly is it you think you are fighting against ?

The west has high manufacturing costs. The east does not.

Its fucking simple really.

[crockett]

Originally Posted by Busty2

Nobody wins a trade war !

^^^ This..


Obviously something needed to be done about China manipulating it's currency, and stealing tech ect.. on the flip side if companies are willing to subject themselves to risk of theft for financial gains are they not the ones to blame?

The whole thing is fucked up situation and everyone loses.. While something needed to be done I think Trump has fucked shit up more than he's helped. He doesn't surround himself with smart people who understand it and he isn't smart enough to do it himself.

Just look at the Mexico deal it wasn't even really better than the old deal and it's fallen apart already..

[Hawkeye]

Originally Posted by NewNick

Your understanding of basic economics and global trade is just behind your Orange Leader. Less than zero. Well done.

What exactly is it you think you are fighting against ?

The destruction of America's working class.

The destruction of America's middle class.

The destruction of entire cities, because (((the elites))) shipped everything off to China, Vietnam, and Mexico.

The fact that everything we buy is made in China and eventually falls apart into junk.

[NewNick]

Originally Posted by Hawkeye

The destruction of America's working class.

The destruction of America's middle class.

The destruction of entire cities, because (((the elites))) shipped everything off to China, Vietnam, and Mexico.

The fact that everything we buy is made in China and eventually falls apart into junk.

Mature western industrialised nations buy consumer goods from the east for one reason.

Here is a clue - it has nothing to do with the failure of past Presidents.

The consumer decides.

You and I are the consumers, and we buy on price. We have no one else to blame.

You need to grow up and realise that your President is playing every tune in the populist hymn book.
Its all the fault of the pesky foreigners. Hitler had the Jews, in the UK they blame the EU, and Trump serves up China and those filthy rapists from the Southern border.

So Trump is going to reverse the cost base inequality of east and west with tariffs, it would be funny but the silly twat is actually serious.

Trade wars are easy to win said the orange fool, and dolts like you go Ra Ra Ra.

[crockett]

Originally Posted by Hawkeye

The destruction of America's working class.

The destruction of America's middle class.

The destruction of entire cities, because (((the elites))) shipped everything off to China, Vietnam, and Mexico.

The fact that everything we buy is made in China and eventually falls apart into junk.

So you hate Republicans now?

[Hawkeye]

Originally Posted by NewNick

Mature western industrialised nations buy consumer goods from the east for one reason.

Because our governments have sold us out.

They've decided that corporate profits are more important than society's well-being.

Fortunately, we finally have a President who is fighting for the American people, rather than fighting for Wall Street.

[NewNick]

Originally Posted by Hawkeye

Because our governments have sold us out.

They've decided that corporate profits are more important than society's well-being.

Fortunately, we finally have a President who is fighting for the American people, rather than fighting for Wall Street.

Grow up.

Consumers buy on price.

They choose the goods and services that satisfy their requirements at the best possible price.

They do not give a fuck if it costs jobs. They do not give a fuck where it was made.

You are a liar if you claim to be any different. But at least you will be in good company.

See sig for further infos.

[Hawkeye]

Originally Posted by NewNick

Consumers buy on price.

How quaint.

This is the Economics 101 lecture put out there by basic bitch libertarians and conservatives, but in the real world it doesn't work that way.

In reality, corporations and governments manipulate the markets to maximize their own profits and power. The consumer's desires and society's best interests are not even a consideration.

At least not until the current President was elected.

[NewNick]

Originally Posted by Hawkeye

How quaint.

This is the Economics 101 lecture put out there by basic bitch libertarians and conservatives, but in the real world it doesn't work that way.


At least not until the current President was elected.

No fool, in the real world that is exactly how it works.

In your fantasy world where trade wars are “easy to win” all you need is a narcissistic orange idiot to blunder around tweeting nonsense and you get MAGA. All of a sudden its the 50’s again.

It would be funny if it were not so tragic.

[pimpmaster9000]

patriotism stops at the wallet...it is capitalist culture to throw each other under the bus in the name of profits...you are going after each other like a pack of wolves and it is beautiful to watch...the weak are being sacrificed first, the minorities, the low skilled, the poor etc...blaming the spoon for making you fat is the very essence of american culture

the west grew fat exploiting the rest of the world...now that level of fat is hard to maintain and the beauty of it is: the more you fight against it, the harder it is to keep fighting

fat people do not win races...

[directfiesta]

Who here wants to work on a 500 workers assembly line, stiching shoes or gluing leds on a plastic strips... If enough, Trump will open a factory in the USA,beside the one where he manufactures his ties ..

[Paul Markham]

Originally Posted by Rochard

Pretty much.... Exactly what you just said.

Which is 100% wrong. 50+ years ago I worked in the garment industry. This was a time when Honk Kong started to export cheap real rubbish clothing into the UK. Today china is a leading countries in G5 technology, being asked to build nuclear power stations, turn over any computer of phone and they're made in China or similar, HSBC are leading bankers and now exports so much it's a major world economy. Will it stop now or will they want even more of the West's industries and finance?

When will China make all your cars, vans and trucks?

What industries will China leave the West?

Unless a re-balance of trade is achieved what jobs are left, who will buy what you're trying to sell.

Stupid people think this will reduce prices in the West, it's because prices are so low on goods made in the 3rd that we've allowed them to take so much.

Stupid people point to the stock markets and the way they've dropped. Large corporations are geared and profit from the export of our jobs, don't expect them to offer any help. US and EU businesses make money by using low cost Chinese manufacturing to supply wealthy US consumers. While the rest are getting poorer. The wealthy consumers had better be careful unless they are employed by a Chinese company.

China shows no signs of stopping it's advance at the expense of the West.

[Paul Markham]

Originally Posted by Hawkeye

China started its trade war against us almost 3 decades ago.

Thanks to a combination of corruption and incompetence by our previous 4 Presidents, it was allowed to continue with no consequences.

But now we finally have a President who serves the American people, rather than serving Wall Street and the Banksters (or whichever Chinaman writes him a check).

It's quite refreshing to see a President fighting for us on the trade front, though there's still a long way to go.

I agree, it took 50 years to get here and it will take 50 more to change it.

[Paul Markham]

Originally Posted by directfiesta

Who here wants to work on a 500 workers assembly line, stiching shoes or gluing leds on a plastic strips... If enough, Trump will open a factory in the USA,beside the one where he manufactures his ties ..

Working beats being unemployed in two ways. The people who have lost a future and the people who now have to pay them. Unfortunately every job lost doesn't mean that person disappears, he still needs money to survive.

[pimpmaster9000]

paul markhaming: the act of moving to a cheap country to get that cheap shit and then being a fucking hypocrite and blaming governments for it

[Rochard]

This morning I watched an interview on the news where a soybean farmer has been unable to sell his soybean crop for two years. He is now fully depending on the government to survive.

The Republican party is stunning. Heaven forbid if someone falls on hard time and needs $20k of green stamps to feed their family, but if a farm needs $1.2 million to get by we'll shell out billions without batting an eyelid.

[Paul Markham]

Originally Posted by Rochard

This morning I watched an interview on the news where a soybean farmer has been unable to sell his soybean crop for two years. He is now fully depending on the government to survive.

The Republican party is stunning. Heaven forbid if someone falls on hard time and needs $20k of green stamps to feed their family, but if a farm needs $1.2 million to get by we'll shell out billions without batting an eyelid.

Governments around the world are shelling out $trillions because of people losing their jobs.

https://www.forbes.com/sites/forbesh.../#21ac37171aee

For example, in January 2019, the seasonally adjusted U3 rate was 4.0%, while U6 was 8.1%. But how does that translate into numbers of workers? According to BLS figures from February, U3 accounted for about 6.2 million unemployed workers (3.8%); U6 was 11.9 million workers (7.3%).

12 million people needing your money to survive, 12 million people not paying taxes.

Look at Europe, where we have a more honest way of counting the unemployed.

Czech is doing great, we're sending our un-needed workers to Germany, UK, etc and getting their businesses.

[Bladewire]

Originally Posted by Paul Markham

Czech is doing great, we're sending our un-needed workers to Germany, UK, etc and getting their businesses.

Exporting cheep labor

If you were doing great you wouldn't have to export cheap labor you'd have higher wages and people wouldn't have to leave the country to get better pay