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

Forum Index » Political Discussion

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]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.  [/quote]

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.[/quote]

It's a combination of Trump lying and being completely clueless about how tariffs work.[/quote]

[img]https://pbs.twimg.com/media/D6houPbWAAAZmdg?format=jpg&name=900x900[/img][/quote]

Okay. So that’s terrifying. [/quote]

At least he is not lying. But it's concerning that a Wharton graduate knows so little about macro economics.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics