Where do you think those funds come from? Are you one of those that still thinks China pays the tariffs Trump imposes on imports?Considering that we buy a whole of more of their stuff than they buy of ours the tariff is set correctly. We need to encourage USA consumers to buy from somewhere else. Also even if you do buy Chinese, it funds our goverment. I mean... somebody has to fund it. You can't just soak the rich forever. Or can you?
Instead of the rich and successful paying insane income taxes they can use that money to invest in domestic companies so consumers have more options to buy American. This will bring growth and prosperity to all Americans.What great benefit do I or any other American get from finding our Federal government especially in this manner, dmpi?
If this were the way things worked, China would have been happy for us to stay at 125% and would have never passed reciprocal tariffs.
Well, he's got the right demographic paying higher prices for his Daughter's goodie. Americans should be happy knowing their sacrifice is worth it.It depends…What exactly did everyday Americans get out of this besides a 30% price hike on most of our consumer goods?
Instead of the rich and successful paying insane income taxes they can use that money to invest in domestic companies so consumers have more options to buy American. This will bring growth and prosperity to all Americans.
I have a 100% trade deficit with my grocery store. Perhaps if I were to spend some of the time and energy that I would otherwise be devoting to my career, I could grow enough of my own food to offset the trade deficit I have with my grocery store...Good news. Hopefully this shifts some production away from China.
I don't think he had much of a choice, we're already going to get hit with supply chain disruptions and China was threatening a total embargo. He had to walk back.Glad to see our foolish president back away from the cliff.
In your dreams.Instead of the rich and successful paying insane income taxes they can use that money to invest in domestic companies so consumers have more options to buy American. This will bring growth and prosperity to all Americans.
With those Rose Tinted glasses, are you confused when approaching intersections?Instead of the rich and successful paying insane income taxes they can use that money to invest in domestic companies so consumers have more options to buy American. This will bring growth and prosperity to all Americans.
Yep.It's another 90 day pause. This may go on for the next three and half years.
I hear yah. I used the exact same analogy when Biden put tariffs on aluminum and steel... it was hilarious to watch low information people try to defend it.I have a 100% trade deficit with my grocery store. Perhaps if I were to spend some of the time and energy that I would otherwise be devoting to my career, I could grow enough of my own food to offset the trade deficit I have with my grocery store...
That is the kind of absurd logic trade war proponents are engaging in. Point being, there is nothing wrong with a trade deficit. The average American enjoys levels of income, discretionary income, and a lifestyle that the rest of the world is envious of. If we actually end up ahead once this is all said and done, then great, all the credit will go to Trump, but I would be astounded if any of this results in any measurable positive impacts to US GDP or the trade deficit. Moreover, electronics and chips have been excluded from the initial tarrifs - which are what we would actually want to onshore or nearshore. Who cares if we produce cheap trinkets and plastic toys in America again - in fact, that would be de-developing our economy.
US beef exports have to be hormone free to sell to Great Britain ..indeed it's "complex"The government opened the door but it's meaningless if suppliers don't buy the beef. Price competitive American beef has antibiotics and hormones both prohibited in GB. So that leaves the much more expensive hormone and antibiotic free beef. We'll see if it can compare with the same quality beef coming from Ireland. I personally have doubts it will sell well but it sounds good on the surface. Trade is complex.
Yeah - real complex - don’t use hormones if you want to sell in that marketUS beef exports have to be hormone free to sell to Great Britain ..indeed it's "complex"
Considering that we buy a whole of more of their stuff than they buy of ours the tariff is set correctly. We need to encourage USA consumers to buy from somewhere else. Also even if you do buy Chinese, it funds our goverment. I mean... somebody has to fund it. You can't just soak the rich forever. Or can you?
That remains to be seen. This trade war started near the end of the Biden Administration. After Biden imposed mammoth new tariffs in September, China retaliated by imposing export restrictions on drone parts. Biden responded with export restrictions to Chinese chip manufacturers. China then responded with export restrictions on antimony, gallium, and germanium and placed Nvidia under “investigation” for violating anti-monopoly laws. It’s been escalating ever since.--U.S. and China agree to slash tariffs for 90 days as trade talks continue
The world’s two biggest economies agreed to a temporary rollback of most of their recent levies after negotiating in Switzerland over the weekend.www.nbcnews.com
--
In an easing the US-China Trade War, tariffs will temporarily drop for 90 days
However under the current agreement, American citizens will be paying a 30% tax on imported goods - while Chinese citizens will only be paying a 10% tax.
Is this a good deal for American citizens?
The reason I mentioned this is becasue under the revised NAFTA the US could export dairy to Canada but it had to be antibiotic and hormone free. In the 6 years the US has never been able to reach the threshold because the US product that meets are criteria was way to expensive.US beef exports have to be hormone free to sell to Great Britain ..indeed it's "complex"
sorry. mised your thread I started one in Breaking News as wellWhy do you present all these unsupported assertions. It's an insane rationale
But you have a vastly larger "100% trade surplus" with your employer, so it's not an issue, and not a good analogy.I have a 100% trade deficit with my grocery store.
We are supposed to be grateful that it’s ONLY 30% instead of 145% or some shit?
Most incompetent and harmful to the middle class administration and Congress I’ve ever witnessed.
Because they are literally our enemy? Funding their economy so they can build a military to invade Taiwan seems silly.Why? They're producing the most inexpensive goods around. And the quality has gone up.
You know what could fund American domestic initiatives?I hear yah. I used the exact same analogy when Biden put tariffs on aluminum and steel... it was hilarious to watch low information people try to defend it.
But 60 cents tax, that funds roads and Healthcare and services on a 2 dollar plastic toy also doesn't bother me too much.
Less in return from our government.And what did we get for this 30% tax on us?
Lowering taxes has this effect.You know what could fund American domestic initiatives?
Not continuing to cut taxes for the rich EVERY SINGLE TIME the GOP gets in power.
Every time in my lifetime - we cut taxes for the riches and EVERY SINGLE TIME the middle class gets f*cked.
And EVERY SINGLE TIME the GINI coefficients for wealth disparity and wage stagnation increases.
But hey…THIS time is MAGICALLY going to do the same thing and magically yield a different result
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?
We use cookies and similar technologies for the following purposes:
Do you accept cookies and these technologies?