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

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

I'm the "above poster", I literally am in the middle of this trade war because I am engaged in international trade. I pay a portion of these tariffs that are going up. I'm putting my money where my mouth is. [/quote]

Sure whatever.  You can be whomever you want to be on the Internet.  But the fact is, that Americans will pay more due to this unnecessary trade war.
https://www.nytimes.com/2019/05/13/us/politics/us-china-trade-tariffs.html
[quote]Economists differ in their forecasts of how much tariffs on both sides will reduce economic growth, but most agree that the cost of tariffs is passed on to businesses or consumers in the form of higher prices.

The president’s economic adviser, Larry Kudlow, on Sunday said that both the United States and China would “suffer” as a result of the tariffs.[/quote][/quote]

Okay, well given that it's an anonymous forum, the fact that you are engaging means you are by default in acceptance of certain claims of facts. You are free to challenge them, and I'm willing to discuss my knowledge international trade in any way to establish my "bona fides".

Again, very few people wants to fight a war for the sake of the war itself, but rather people reluctantly enters war in order to achieve some goal after the war. People like you who keeps talking about the effects of the war itself is not convince those of us who are focused on the goals of the war, which is a more open and fair trading partner in China, to the benefit of both the US and China, and those free-loading Europeans who will obviously turn to China and say "I'll have what the US is having."[/quote]

That's your opinion. Economists and other experts disagree.  Most people would prefer not to fight wars where both sides end up worse off. Trump doesn't understand tariffs or foreign policy and even his own party is trying to get him to see reason as he attempts to drive the economy into the ground.[/quote]

Sorry, what? Economists and other experts don't believe that a more open and fair trading China is a benefit to both US and China, as well as Europeans? Can you quote any of these economists and experts? I point to China's past 2 decades of impressive economic growth as proof that a more open and fairly trading china is beneficial to China, the US, and Europe. [/quote]
You must have reading comprehension issues.  Economist and other experts have noted that Americans will pay higher prices as a result of these trade wars.  Including Trump's own chief economic adviser Larry Kudlow.   You're assuming that the result of the trade war will be a China that trades more openly.   But you haven't explained how that is going to happen when China just slapped tariffs on many American goods today.[/quote]

Okay... how is what these economics have said at odds with what I've said? I'm in agreement that tariffs will result in higher prices for consumers. I'm not assuming that the result of the trade war will be a more openly trading China - again I am not a fortune teller, I don't know what's going to happen. I do know that this is the goal of the trade war, and my opinion is that it's a worthwhile goal to work towards, since a more openly trading China is good for the US and China - it will lift many more Chinese people out of poverty and bring about progress on the environment and political side of the equation as well, as economically secure people will invariably demand better environment and more personal freedoms.

[/quote]

So basically, you know these tariffs are harmful, that the outcome of a more open trading partner in China is uncertain, but you are willing to have millions of Americans pay higher prices and thousands of American workers lose their job because you're hopeful something good will happen.  We need to have smarter policy than your "hopes."  Trade wars aren't new.  People know how they end, and it isn't pretty for either side.[/quote]

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