4 ms·
> Somehow I doubt he will have a lot of support from congress on that goal, as pretty much every senator and representative is in the pockets of big multination
by woobar 10y ago
> Somehow I doubt he will have a lot of support from congress on that goal, as pretty much every senator and representative is in the pockets of big multinationals
Or maybe because they don't want to anger a lot of still employed people that could lose their jobs when other countries impose counter-tariffs on american exports?
- digler999 10y ago> american exports you mean all those empty intermodal containers that head out of our ports ?
- digitaltrees 10y agoThe value of american manufacturing has never been higher. http://data.worldbank.org/indicator/NV.IND.MANF.CD http://data.worldbank.org/indicator/NV.IND.MANF.CD It just takes less employees to make the same value of goods. That is painful for people, but the solution isn't starting a cycle of countries raising tariffs. We want our goods to SELL. You think tariffs and trade duties imposed on other products like jet engines, and servers and other high value manufactured goods isn't a problem? Don't forget that trade barriers can affect the service sector too. Trade wars aren't good for anyone. Trade wars start real wars.
- toomuchtodo 10y agoIf you're trying to scare an electorate about the consequences of a trade war, bad news. The bluff has been called.
- digitaltrees 10y agoHistory is on my side of this argument. Do you have a reasoned argument to over come the result of a trade war leading a disruption in the supply chain of walmart that leads to higher prices of all consumer goods and lower selection of products? I'd like to hear it. I would also be interested to hear how you think such a disruption would not hurt the very demographic that was hurt the most by globalization and clearly Bought into the scare tactics deployed by Trump. I would also love to hear how you think a trade war and tariffs would actually bring back a steel mill in Youngstown Ohio, or textile mills in Statesville North Carolina. I would also remind everyone, that globalization and free-trade has been primarily a conservative, Republican ideology that the Democrats excepted overtime. I am not trying to scare anyone, I'm simply pointing out several hundred years of economic theory and evidence that point to capitalism and free trade yielding real benefits for a consumer oriented economy.