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Old 08-19-2019, 03:22 PM
 
Location: AZ
2,187 posts, read 460,971 times
Reputation: 979

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Quote:
Originally Posted by TMSRetired View Post
Did you click on the link in that article and actually read the Fed report ?
I posted earlier excerpts from it.

Do you realize that "they" are pushing the "globalization is good" agenda ?
Do you realize that globalization is what led to the loss of jobs in the US and for the US turning into a consumer nation ?
Spare me your StormFront hyperbolic (((globalist))) nonsense.

And yes, Iíve read the article.
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Old 08-19-2019, 03:23 PM
 
Location: AZ
2,187 posts, read 460,971 times
Reputation: 979
Quote:
Originally Posted by oceangaia View Post
The farmers are being subsidized because they have been selectively targeted by China, who hopes that directing all the effects onto a small group will cause such hardship for that group that they will become symbolic of the entire issue. However, the subsidies given to farmers are less than the tariffs collected and the farmers are a wee tiny percentage of all Americans.
Props for the circular logic; China wouldnít have targeted the farmers had we not slapped Tariffs on them.
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Old 08-19-2019, 03:28 PM
 
558 posts, read 105,739 times
Reputation: 600
Prices will continue increase on consumer goods, but I know from my own line of work that it’s pushing companies to move production from Chinese manufacturers to those in Vietnam, Mexico, etc.

No, it’s not causing a huge number of jobs to return to the US, but it is hurting China without a doubt and this is absolutely necessary unless we want them to eventually take control of the entire global economy. I will happily pay extra in the meantime. Things should settle down once a significant amount of production has shifted to other countries, and trust me it actually is happening.

Oh and regarding the whole farming thing.... Our farmers should only be growing food for US consumers. There is clearly an oversupply of farm produced food in this country. Farms should be allowed to fail, and the land repurposed until the supply is adjusted to meet domestic demand. Our economy doesn’t revolve around farming, we will be fine.
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Old 08-19-2019, 03:29 PM
 
10,078 posts, read 4,712,909 times
Reputation: 13178
Quote:
Originally Posted by subaru5555 View Post
Props for the circular logic; China wouldnít have targeted the farmers had we not slapped Tariffs on them.

Nothing circular here at all. The point is that we can subsidize the hit to farmers with a fraction of the revenues generated by the tariffs.



Listen not to what people say but watch what they do. If tariffs really hurt the consumers and businesses of the country imposing them, why is the response of the targeted country almost always to impose retaliatory tariffs?



Is Xi so outraged that Trump is harming American consumers and businesses that he is determined to equally harm Chinese consumers and businesses?
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Old 08-19-2019, 03:32 PM
 
16,413 posts, read 4,314,853 times
Reputation: 11523
Quote:
Originally Posted by oceangaia View Post
The farmers are being subsidized because they have been selectively targeted by China, who hopes that directing all the effects onto a small group will cause such hardship for that group that they will become symbolic of the entire issue. However, the subsidies given to farmers are less than the tariffs collected and the farmers are a wee tiny percentage of all Americans.
Ah, so those dozens of business people in various other industries that I have heard and saw interviews with (with names and company names) and all the articles with same....that is just being made up?

This is fantastic.

It's a "trade war" that Trump started and is by far the main aggressor in. When you opponent puts up a hand to defend himself he's not doing anything unexpected.

You are actually proving my point about Trump being incapable of most anything...or maybe you agree? He plays a weak game of checkers against the odds of Chess. That means he is incapable by a factor of millions...so it's not even close.

He lost the "trade war" before it even started because to accomplish any task involving China and Trade would have been done without bluster and threats.

Trump doesn't care who he hurts. The same famers exports lots of stuff to Cuba and wanted closer relations there. Obama gave it to them.....Trump is screwing that up too.

One simply cannot expect someone who plays a Realtor and Marketer on TV to be a Diplomat and International Trade expert in real life. It's fantastic on the face...let alone in reality. Would you hire a Realtor to perform surgery on you? To decide what is best for international affairs?

I wouldn't....unless I desired ineptitude and chaos.
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Old 08-19-2019, 03:33 PM
 
Location: AZ
2,187 posts, read 460,971 times
Reputation: 979
Quote:
Originally Posted by oceangaia View Post
Nothing circular here at all. The point is that we can subsidize the hit to farmers with a fraction of the revenues generated by the tariffs.



Listen not to what people say but watch what they do. If tariffs really hurt the consumers and businesses of the country imposing them, why is the response of the targeted country almost always to impose retaliatory tariffs?



Is Xi so outraged that Trump is harming American consumers and businesses that he is determined to equally harm Chinese consumers and businesses?
No, the point is that the US’s recent tariff implementation under the current president resulted in reciprocation by China, resulting in increased costs for American consumers, and significantly increased costs for farmers (leading to our subsequent subsidies).


It’s truly ironic that the party which idolizes the free-market and “small-government” are happily looking the other way.....
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Old 08-19-2019, 03:37 PM
 
16,413 posts, read 4,314,853 times
Reputation: 11523
Quote:
Originally Posted by mirage98de View Post
Prices will continue increase on consumer goods, but I know from my own line of work that itís pushing companies to move production from Chinese manufacturers to those in Vietnam, Mexico, etc.

No, itís not causing a huge number of jobs to return to the US, but it is hurting China without a doubt and this is absolutely necessary unless we want them to eventually take control of the entire global economy. I will happily pay extra in the meantime. Things should settle down once a significant amount of production has shifted to other countries, and trust me it actually is happening.

Oh and regarding the whole farming thing.... Our farmers should only be growing food for US consumers. There is clearly an oversupply of farm produced food in this country. Farms should be allowed to fail, and the land repurposed until the supply is adjusted to meet domestic demand. Our economy doesnít revolve around farming, we will be fine.
Ain't gonna happen. China has a world market of 7 (and growing) Billion customers and 1.5 Billion of those are captive.

When a local Dam breaks your 5 gallon bucket dipping into the output and throwing it on a neighbor isn't going to slow the deluge...

You can pretend it's hurting China..tho. That's very short term thinking...IMHO.

It "hurts" you to lift weights and work out. But the results are increased strength and better health. So it is with China. They will turn 90% of any "hurt" we apply to their favor over the long term....

BUT, in doing that, it will hurt us for decades. They won't forget this easily.

Giving more business to Red Vietnam, where it has been going for two decades anyway (cheaper labor) isn't exactly a coup. It's a cost...to businesses here that have to set up new operations and then still have to deal with China for most of the supply chain to build what Vietnam puts together.
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Old 08-19-2019, 03:43 PM
 
1,659 posts, read 337,179 times
Reputation: 1916
Quote:
Originally Posted by subaru5555 View Post
Spare me your StormFront hyperbolic (((globalist))) nonsense.

And yes, Iíve read the article.
That wasn't the question I asked. I asked if you read the Fed Report that was linked in the article.
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Old 08-19-2019, 03:44 PM
 
1,659 posts, read 337,179 times
Reputation: 1916
Quote:
Originally Posted by subaru5555 View Post
No, the point is that the USís recent tariff implementation under the current president resulted in reciprocation by China, resulting in increased costs for American consumers, and significantly increased costs for farmers (leading to our subsequent subsidies).


Itís truly ironic that the party which idolizes the free-market and ďsmall-governmentĒ are happily looking the other way.....
So exactly what costs have increased ? What am I paying more for today because of tariffs ?
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Old 08-19-2019, 03:53 PM
 
1,659 posts, read 337,179 times
Reputation: 1916
Just a year ago the Dems were cheering the proposed tariffs while the Repubs were against it.
What happened that the tables turned ?
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