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Old 08-11-2018, 11:55 AM
 
30,490 posts, read 20,767,476 times
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Quote:
Originally Posted by ObserverJC View Post
Given America's current economic and military power it is very possible. Since China has its own disputes with other countries, America still can insert itself by adopting a softer stance.
But all these other countries signed agreements with each other with TPP, it’s done. We are the only one not in there. What does military power have to do with it? It’s no different than NAFTA, except we chose not to be in on it this time, and China is benefitting greatly from that.
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Old 08-11-2018, 01:16 PM
 
Location: Arcadia, CA
142 posts, read 66,686 times
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Quote:
Originally Posted by ocnjgirl View Post
But all these other countries signed agreements with each other with TPP, it’s done. We are the only one not in there. What does military power have to do with it? It’s no different than NAFTA, except we chose not to be in on it this time, and China is benefitting greatly from that.
I mentioned American military power because it is a leverage that can be used in negotiation if America wants to reinsert itself into TPP. Japan for example needs U.S military support, and countries like Vietnam and Malaysia are also interested in balancing Chinese military expansion with with American force. Since without U.S TPP is not as great as it was envisioned to be, there is a good chance the pact may make room for the U.S should our government change its mind.
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Old 08-11-2018, 02:34 PM
 
30,490 posts, read 20,767,476 times
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Quote:
Originally Posted by ObserverJC View Post
I mentioned American military power because it is a leverage that can be used in negotiation if America wants to reinsert itself into TPP. Japan for example needs U.S military support, and countries like Vietnam and Malaysia are also interested in balancing Chinese military expansion with with American force. Since without U.S TPP is not as great as it was envisioned to be, there is a good chance the pact may make room for the U.S should our government change its mind.
Reinserting ourselves would require the White House admit an error, which is never going to happen.
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Old 08-11-2018, 02:55 PM
 
Location: Arcadia, CA
142 posts, read 66,686 times
Reputation: 185
Quote:
Originally Posted by ocnjgirl View Post
Reinserting ourselves would require the White House admit an error, which is never going to happen.
Agreed. Let's hope things will change in 2020. That's being said given the instability in White House I can't rule out a jaw-dropping reversal.
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Old 08-11-2018, 04:24 PM
 
12,405 posts, read 9,974,947 times
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So, the company is explaining their situation and you believe you know more than the company?

Everyone in the world is lying unless they fall in line with Trump's plans? Only what Trump says is true? No one has any other reality?
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Old 08-11-2018, 05:10 PM
 
32,147 posts, read 50,489,465 times
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Quote:
Originally Posted by Supposn View Post
lchoro, MichiganGreg, LordSquidworth, due to the facts:

USA tariffs upon both the components and the finished products reduce USA producers of components and/or finished products price disadvantages in comparison to imports, and they consequentially do not reduce or increase comparative advantages among USA producers, the tariffs decrease USA producers comparative disadvantages to imported products;
(i.e. they are of net benefit to USA producers of both the components and/or the finished products).


lchoro, if your statement's correct,Element Electronics is trying to extort profits additional to their products consequentially improved price comparison to imports due to the USA tariffs. I would hope that the Trump administration and the U.S. Congress do not submit to Element Electronic's blatant extortion attempt.
This company is not the only one asking for special preference to get out of the tariffs' effects as they were designed by some WH numb nut like our Treasury Secretary
US Steel and other big companies are asking for the same protections and relief

http://www.chicagotribune.com/busine...620-story.html
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Old 08-12-2018, 01:56 PM
 
1,755 posts, read 891,550 times
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Quote:
Originally Posted by loves2read View Post
This company is not the only one asking for special preference to get out of the tariffs' effects as they were designed by some WH numb nut like our Treasury Secretary
US Steel and other big companies are asking for the same protections and relief

Flood of U.S. companies seek relief on tariffs - Chicago Tribune
Element Electronics wishes our government to retain the tariffs protecting their finished products from those of their foreign competitors, but waive the tariffs upon their imported components.

Imported component or finished products pass on the tariff costs based upon those products' entire values. Element Electronic's finished products pass on only the tariffs based upon their what they imported, (i.e. only their imported components).
Although the tariffs do reduce sales of both finished and the unfinished products within USA's domestic markets, due to the tariffs, Element electronics is expected to gain an improved proportion of those finished product sales.
The tariffs are of net benefit to Element Electronics and if they're awarded the waiver, it will be of additional benefit to them.

Element Electronics would have us deny tariff protection to producers or those who aspire to produce components in the USA. Such USA production could of use to other competing USA producers and/or other USA producers of products not similar or competing with Element Electronics products.

//www.city-data.com/forum/econo...tariffs-5.html
Extracted from responding post #5:
Element Electronics is trying to extort profits additional to their products consequentially improved price comparison to imports due to the USA tariffs. I would hope that the Trump administration and the U.S. Congress do not submit to Element Electronic's blatant extortion attempt.
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Old 08-12-2018, 03:31 PM
 
1,755 posts, read 891,550 times
Reputation: 506
Quote:
Originally Posted by loves2read View Post
This company is not the only one asking for special preference to get out of the tariffs' effects as they were designed by some WH numb nut like our Treasury Secretary
US Steel and other big companies are asking for the same protections and relief

Flood of U.S. companies seek relief on tariffs - Chicago Tribune
loves2read,
Quote:
Originally Posted by Supposn View Post
Chirack, please reconsider your contention that any USA enterprise or industry generates too few or any jobs and is thus unworthy of our consideration.

Although all of a nation's production is captured within the GDP statistic, domestic production support that's not reflected within the prices of globally traded products cannot be recognized and attributed to global trade.

Lesser USA steel production reduces our economies of scale and increases costs of our steel per ton, which further increases the prices and reduces the production of USA steel producers and USA enterprises utilizing steel material and/or steel components.
If USA is levying a tariff on steel, it should levy a tariff upon all steel producers, and their customer's products. What's the point of a steel tariff that increases the price disadvantages of USA enterprises purchasing steel?

There are also unapparent but actual relationships of individual enterprises and/or entire industries not generally recognized as related to goods-producing industries, but significantly benefiting due to commercial activity generated from such enterprises.

Manufacturing enterprises of all sizes and extent of their degrees of automation, use engineers, plumbers, janitors, repairs, maintenance, and updating of their production lines and tools, pencils and pens. They are indirectly serviced and generate additional revenues for such enterprises as mass transportation, pizza and coffee shops, or local taverns.

I agree with those contending that there should not be commercial enterprises considered as “too large to be permitted to fail”, and there's generally few (if any) enterprises or industries that should, as a matter of policy be beneath our consideration.
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