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In the micro, no, it doesn't help American workers for production to move from China to Vietnam or anywhere else for that matter.
In the macro, yes, reigning in Chinese growth and global influence could benefit the US and by proxy, the average American worker. China's used IP theft and copying as a core element of its economy for years and this has adversely affected American businesses. There's absolutely nothing wrong with the US and/or other nations taking China to task and demanding - or perhaps, forcing - them to play fairly. How deeply or badly China is affected by this depends in large part on how China chooses to react to the situation.
Quoted for truth.
The one and only thing I see positive about this is more companies will pick another low cost country other than China. Yes I prefer US. Failing US made, I pick nearly any other country.
China is never going to cut a deal with this lying untrustworthy orange idiot. Trust me.
Trump’s plan isn’t about trade. It’s about preventing China from gaining dominance in critical high tech fields. China will never agree to it. What a joke. The Chinese will sell to the rest of the world, and their own 1.4 billion market. The us companies will be shut off from the Chinese market forever. Too bad for apple etc.
True but. dont be surprised say ca 2030 to find China slowly eliminating most foreign companies from their market, not just US companies.
I thought the goal of the trade war was to bring back jobs to America?
Why don't we have tariffs on every slave labor country so the cheap labor express has nowhere to go except our country?
I thought the goal of the trade war was to bring back jobs to America?
Why don't we have tariffs on every slave labor country so the cheap labor express has nowhere to go except our country?
You thought in the short term and mostly wrong.
Once China is defeated then other trade deals will do much more to bring back jobs based on equal trade. While some jobs will return by defeating China most will return with new bilateral trade deals. New trade deals getting tariffs as close to zero on both sides is a worthy goal.
You thought in the short term and mostly wrong.
Once China is defeated then other trade deals will do much more to bring back jobs based on equal trade. While some jobs will return by defeating China most will return with new bilateral trade deals.
I think it shows the NWO wins.
The goal is to normalize the world economies while making a few wealthy rich in the process.
When Vietnam gets too big for their britches, we'll put tariffs on them as well and move to the next slave labor country.
Meanwhile, the poor and homeless will continue to grow in our own country.
Kent Bicycles made headlines with its plans to produce 500,000 bikes annually in its new South Carolina factory in Manning. Production began in the fall of 2014
I could be wrong but 2014 -- that was BT -- before Trump -- before tariffs right?
Look -- Last year trade deficit went up 12 per cent.
I don't care how you spin it -- that does little to reduce the trade deficit with China.
I think it shows the NWO wins.
The goal is to normalize the world economies while making a few wealthy rich in the process.
When Vietnam gets too big for their britches, we'll put tariffs on them as well and move to the next slave labor country.
Meanwhile, the poor and homeless will continue to grow in our own country.
That would seem to be the pessimistic view but the pessimistic won't invest for success.
They tend to set on the sidelines they are victims.
You thought in the short term and mostly wrong.
Once China is defeated then other trade deals will do much more to bring back jobs based on equal trade. While some jobs will return by defeating China most will return with new bilateral trade deals. New trade deals getting tariffs as close to zero on both sides is a worthy goal.
BUT BUT BUT -- the past has shown that in the long term tariffs always raise prices and rarely provide the protections needed.
But don't let the historical evidence of tariffs interfere with your feelings about how they may impact the economy in the long term THIS time.
In the micro, no, it doesn't help American workers for production to move from China to Vietnam or anywhere else for that matter.
In the macro, yes, reigning in Chinese growth and global influence could benefit the US and by proxy, the average American worker. China's used IP theft and copying as a core element of its economy for years and this has adversely affected American businesses. There's absolutely nothing wrong with the US and/or other nations taking China to task and demanding - or perhaps, forcing - them to play fairly. How deeply or badly China is affected by this depends in large part on how China chooses to react to the situation.
How does it benefit the American worker? All countries copy and pursue IP theft. Trump has even said it himself, this is about trying to prevent China from becoming a developed country, because it will then have a bigger economy than America. This is what this is about. Not copying or protecting you or any worker. Thats ridiculous. Do you know what Vietnam is doing? India? The American worker is the least of the worry for corporate America. If you think you will benefit from production moving to Vietnam, I have a bridge to sell you.
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they are victims.
