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Old 06-27-2019, 02:21 AM
Status: "“If a thing loves, it is infinite.”" (set 3 days ago)
 
Location: Great Britain
27,180 posts, read 13,461,836 times
Reputation: 19498

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Quote:
Originally Posted by Bettafish View Post
So his new target is Vietnam?

According to the U.S. Trade Representative, the U.S. imported $47.8 billion of Vietnamese goods and services last year, while it exported $10.5 billion’s worth.

Asked bluntly if he wants to “tariff” Vietnam, Trump did not say no.

“Well, we’re in discussions with Vietnam. Vietnam is almost the single worst – much smaller than China, much, but it’s almost the single worst abuser of everybody,” eliciting a “wow” from his interviewer.

https://www.marketwatch.com/story/tr...ina-2019-06-26
LOL - America is a wealthy country, it is generally going to import more from countries that supply cheap labour than it exports to them.

The alternative is more expensive items in US shops.

The Vietnamese don't have the wealth to start buying masses of American goods, which will be expensive in Vietnam.

Indeed cheap labour helps fund the good standards of living and mass consumerism many Americans enjoy.
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Old 06-27-2019, 03:53 AM
 
5,792 posts, read 5,109,605 times
Reputation: 8008
Quote:
Originally Posted by boneyard1962 View Post
I love Vietnam. Beautiful country, very clean and the people are warm and welcoming. I am especially fond of Dalat.

That said if trade agreements between our nations are poorly written or abused, then we should address the problem. The USA should not be used as the world's ATM.
The 1 thing we should never have done is granted China, Most favored Nation Status.
You do know that most favored nation status simply means China is treated like we treat other countries in terms of trade. It doesn’t mean we give China any special treatment. Why do you like Vietnam but not China? Vietnam historically has fallen in and out of China’s political control, but culturally it’s very much Chinese. Know the history if you love it so much.
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Old 06-27-2019, 03:57 AM
 
5,792 posts, read 5,109,605 times
Reputation: 8008
Quote:
Originally Posted by moneill View Post
Trump has just figured out that firms are leaving China for Viet Nam, Thailand, etc........where he hasn't imposed tariffs.

Let's just say -- he hasn't thought this through -- lol.
China is moving up the production scale. The tariffs are helping China make needed reform and these low end manufacturing jobs are destined to leave China anyway. The tariffs are pushing the move faster. But nothing is coming back to the us. Sorry old fat man.
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Old 06-27-2019, 04:05 AM
 
Location: SE Asia
16,236 posts, read 5,880,554 times
Reputation: 9117
Quote:
Originally Posted by pennyone View Post
You do know that most favored nation status simply means China is treated like we treat other countries in terms of trade. It doesn’t mean we give China any special treatment. Why do you like Vietnam but not China? Vietnam historically has fallen in and out of China’s political control, but culturally it’s very much Chinese. Know the history if you love it so much.
Yes and no. It was granted to China to help them get a leg up. Before that the US was a very limited market to them.

Vietnam and Vietnamese people have very little in common other than being Asian. Vietnamese people are polite to a fault. Chinese, at least mainlanders are rude and have few if any manners. One need only fly with a plane load of mainlanders. Spitting on the floor is not unusual. Rules apply to everyone else. I have met very few with a favorable opinion of mainlanders. Chinese tourists can be vulgar, rude and obnoxious. They make Americans look like saints.

The Vietnamese are a wonderful people. Very neat and clean. They may share a history but that doesn't make them the same. You want to know a people? Visit their country. Ride on a plane that is majority Vietnamese then fly on plane that is majority Mainland Chinese.
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Old 06-27-2019, 06:06 AM
 
Location: Florida
76,971 posts, read 47,640,534 times
Reputation: 14806
Quote:
Originally Posted by Bettafish View Post
So his new target is Vietnam?

According to the U.S. Trade Representative, the U.S. imported $47.8 billion of Vietnamese goods and services last year, while it exported $10.5 billion’s worth.

Asked bluntly if he wants to “tariff” Vietnam, Trump did not say no.

“Well, we’re in discussions with Vietnam. Vietnam is almost the single worst – much smaller than China, much, but it’s almost the single worst abuser of everybody,” eliciting a “wow” from his interviewer.

https://www.marketwatch.com/story/tr...ina-2019-06-26
Exactly how is it abuse if Americans want to, and are able to, purchase more goods from Vietnam, than vice versa?

And his solution will be the same as always: - get the government more involved in controlling trade, and add more TAXES.

Last edited by Finn_Jarber; 06-27-2019 at 07:08 AM..
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Old 06-27-2019, 06:12 AM
 
Location: Boston
20,109 posts, read 9,018,880 times
Reputation: 18771
whatever Trump is doing it's working. Only the most hardcore screw-ups can't make it in this economy.
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Old 06-27-2019, 08:05 AM
 
Location: Live:Downtown Phoenix, AZ/Work:Greater Los Angeles, CA
27,606 posts, read 14,604,784 times
Reputation: 9169
Quote:
Originally Posted by skeddy View Post
whatever Trump is doing it's working. Only the most hardcore screw-ups can't make it in this economy.
That's a false statement, unless your bar for "making it" is incredibly low....
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Old 06-27-2019, 04:28 PM
 
5,301 posts, read 6,183,576 times
Reputation: 5492
Quote:
Originally Posted by Brave New World View Post
LOL - America is a wealthy country, it is generally going to import more from countries that supply cheap labour than it exports to them.

Care to define "wealth?" It used to be that the US's industrial might made it wealthy but with the loss of so much manufacturing it must be something else. Maybe it's our Swiss made intaglio currency printing presses?
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Old 06-27-2019, 04:54 PM
 
9,229 posts, read 9,760,484 times
Reputation: 3316
Quote:
Originally Posted by boneyard1962 View Post
Yes and no. It was granted to China to help them get a leg up. Before that the US was a very limited market to them.

Vietnam and Vietnamese people have very little in common other than being Asian. Vietnamese people are polite to a fault. Chinese, at least mainlanders are rude and have few if any manners. One need only fly with a plane load of mainlanders. Spitting on the floor is not unusual. Rules apply to everyone else. I have met very few with a favorable opinion of mainlanders. Chinese tourists can be vulgar, rude and obnoxious. They make Americans look like saints.

The Vietnamese are a wonderful people. Very neat and clean. They may share a history but that doesn't make them the same. You want to know a people? Visit their country. Ride on a plane that is majority Vietnamese then fly on plane that is majority Mainland Chinese.
Did you really go to Vietnam? I won't say their "manners" are better than Chinese. In fact worse in many cases.

Their customs officers ask for money openly, something that never happens in China.

Last edited by Bettafish; 06-27-2019 at 05:48 PM..
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Old 06-27-2019, 05:01 PM
 
20,187 posts, read 23,858,535 times
Reputation: 9283
Vietnam is a growing threat in trade... If one isn't going to be honest about it then one shouldn't lie about it... Vietnam is a Chinese alternative... China and Vietnam aren't very different other than size and population...
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