China Retaliates Against the U.S. With Its Own Higher Tariffs

Anonymous
Anonymous wrote:I'm stunned by how ignorant most Americans (and Trump supporters) are about how tariffs work. Trump lies blatantly and announces that the Chinese will pay for the tariffs our government imposes on Chinese imported goods. The public believes this lie. Don't schools teach basic history and commerce to kids anymore? It's frightening how stupid we've become.


I am a Trump supporter. Some of the "lies" the MSM attributed to him, in my opinion, are mostly braggadocio by a salesman. You can't always take his words literally. However on this latest trade issue, he went too far. He is either lying or ignorant of how trade works.

- Who pays the tariff?
The importer, aka, American companies pay the tariff. I don't understand why he has to lie about this.

- Trade deficit doesn't equate to "ripping us off" by $500 billion dollar.
Everyone runs a trade deficit with your local grocery store. But that doesn't mean your grocery store is ripping you off. China buys a lot of US treasuries with the trade surplus. With the reduced trade activities, it will add pressure to the interest rate.
Anonymous
Anonymous wrote:
Anonymous wrote:The environmental nazis should be happy that this will reduce the ocean pollution as China is the largest contributor on the globe. FWIW, 7 of the top ten countries that pollute are all from Asia.

https://www.statista.com/chart/12211/the-countries-polluting-the-oceans-the-most/



Ding! Ding! DING!!!!!


By making manufacturing more expensive in China, one of those other Asian countries are just going to fill the void. The manufacturing isn't going to come back to America.
Anonymous
Anonymous wrote:
Anonymous wrote:I'm stunned by how ignorant most Americans (and Trump supporters) are about how tariffs work. Trump lies blatantly and announces that the Chinese will pay for the tariffs our government imposes on Chinese imported goods. The public believes this lie. Don't schools teach basic history and commerce to kids anymore? It's frightening how stupid we've become.


I am a Trump supporter. Some of the "lies" the MSM attributed to him, in my opinion, are mostly braggadocio by a salesman. You can't always take his words literally. However on this latest trade issue, he went too far. He is either lying or ignorant of how trade works.

- Who pays the tariff?
The importer, aka, American companies pay the tariff. I don't understand why he has to lie about this.

- Trade deficit doesn't equate to "ripping us off" by $500 billion dollar.
Everyone runs a trade deficit with your local grocery store. But that doesn't mean your grocery store is ripping you off. China buys a lot of US treasuries with the trade surplus. With the reduced trade activities, it will add pressure to the interest rate.


It's a combination of Trump lying and being completely clueless about how tariffs work.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The environmental nazis should be happy that this will reduce the ocean pollution as China is the largest contributor on the globe. FWIW, 7 of the top ten countries that pollute are all from Asia.

https://www.statista.com/chart/12211/the-countries-polluting-the-oceans-the-most/



Ding! Ding! DING!!!!!


By making manufacturing more expensive in China, one of those other Asian countries are just going to fill the void. The manufacturing isn't going to come back to America.

Liar. Mexico and South America would love to do more trade with us. AND they’d have more jobs AT HOME!
You just hate all-things-Trump. You’re pathetic.
Anonymous
Anonymous wrote:
Does anyone here really delight in enriching the Communist Chinese Government?

I certainly don’t.


Glad you look at labels before buying any product and never buy a product that carries "Made in China" sticker.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The environmental nazis should be happy that this will reduce the ocean pollution as China is the largest contributor on the globe. FWIW, 7 of the top ten countries that pollute are all from Asia.

https://www.statista.com/chart/12211/the-countries-polluting-the-oceans-the-most/



Ding! Ding! DING!!!!!


By making manufacturing more expensive in China, one of those other Asian countries are just going to fill the void. The manufacturing isn't going to come back to America.

Liar. Mexico and South America would love to do more trade with us. AND they’d have more jobs AT HOME!
You just hate all-things-Trump. You’re pathetic.


Yeah whatever. Show us the data that manufacturers are substituting Chinese manufacturing for Mexican manufacturing. If you weren't so ignorant, you would know that they're more commonly substituting manufacturing for cheaper countries in Asia.
Anonymous
Anonymous wrote:
Anonymous wrote:
Does anyone here really delight in enriching the Communist Chinese Government?

I certainly don’t.


Glad you look at labels before buying any product and never buy a product that carries "Made in China" sticker.

Sad that you don’t know how to read, even if it’s your first language.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The environmental nazis should be happy that this will reduce the ocean pollution as China is the largest contributor on the globe. FWIW, 7 of the top ten countries that pollute are all from Asia.

https://www.statista.com/chart/12211/the-countries-polluting-the-oceans-the-most/



Ding! Ding! DING!!!!!


By making manufacturing more expensive in China, one of those other Asian countries are just going to fill the void. The manufacturing isn't going to come back to America.

Liar. Mexico and South America would love to do more trade with us. AND they’d have more jobs AT HOME!
You just hate all-things-Trump. You’re pathetic.


?
Anonymous
Anonymous wrote:Morgan Stanley CIO: More tariffs will lead to a US recession
https://www.cnbc.com/amp/2019/05/13/morgan-stanley-more-tariffs-will-lead-to-a-us-recession.html?__twitter_impression=true


Well yeah, higher prices for American consumers, fewer jobs. Only to someone as dumb as Trump would that appear to be a winning policy.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The environmental nazis should be happy that this will reduce the ocean pollution as China is the largest contributor on the globe. FWIW, 7 of the top ten countries that pollute are all from Asia.

https://www.statista.com/chart/12211/the-countries-polluting-the-oceans-the-most/



Ding! Ding! DING!!!!!


By making manufacturing more expensive in China, one of those other Asian countries are just going to fill the void. The manufacturing isn't going to come back to America.

Liar. Mexico and South America would love to do more trade with us. AND they’d have more jobs AT HOME!
You just hate all-things-Trump. You’re pathetic.


Yeah whatever. Show us the data that manufacturers are substituting Chinese manufacturing for Mexican manufacturing. If you weren't so ignorant, you would know that they're more commonly substituting manufacturing for cheaper countries in Asia.


+1 It's a stupid argument to make that Americans are better off if their imports are coming from Mexico or South America rather than China. The imports are just going to be higher priced...
Anonymous
Anonymous wrote:Morgan Stanley CIO: More tariffs will lead to a US recession
https://www.cnbc.com/amp/2019/05/13/morgan-stanley-more-tariffs-will-lead-to-a-us-recession.html?__twitter_impression=true


Most post WW2 expansions last 6 - 7 years. We are in year 10 and counting and a reset is always good.
Anonymous
Better to enrich our neighbors than the evil Communist enemies in the Chinese government. But you prefer the Communists! Shame on you.


Pretty interesting comment seeing how Trump said that he and Kim Jong Un (huge communist) "fell in love" at their recent summit.
Anonymous
Anonymous wrote:
Better to enrich our neighbors than the evil Communist enemies in the Chinese government. But you prefer the Communists! Shame on you.


Pretty interesting comment seeing how Trump said that he and Kim Jong Un (huge communist) "fell in love" at their recent summit.

So you AND Trump are loving them. Got it.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:The environmental nazis should be happy that this will reduce the ocean pollution as China is the largest contributor on the globe. FWIW, 7 of the top ten countries that pollute are all from Asia.

https://www.statista.com/chart/12211/the-countries-polluting-the-oceans-the-most/



Ding! Ding! DING!!!!!


By making manufacturing more expensive in China, one of those other Asian countries are just going to fill the void. The manufacturing isn't going to come back to America.

Just today, GoPro proves you wrong,
you hideous Liberal liar.

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