5 ms·
You realize that Democrats are supporting these tarrifs on China as well. China has already won the trade war by dumping steel and aluminum and stealing intell
by nodesocket 8y ago
You realize that Democrats are supporting these tarrifs on China as well. China has already won the trade war by dumping steel and aluminum and stealing intellectual property for decades. This isn't even controversal.
- uniacid 8y agoWho said anything about Democrats? also last time I checked the majority of the US Government is controlled by Republicans.
- sremani 8y agoI think he wanted to highlight the bi-partisan support for the action.
- nodesocket 8y agoThank you, I'm glad you were able to deconstruct the sentences critically instead of emotionally triggering.
- atomi 8y agoMaybe, but both sides aren't the exact same.
- ianai 8y agoI don’t think I’ve heard any Democrats voice support for the tarrifs. Got any sources for that?
- nodesocket 8y agoChuck Shumer (not exactly a fan of Republicans) -- https://twitter.com/SenSchumer/status/1007611214191570944 https://twitter.com/SenSchumer/status/1007611214191570944
- azinman2 8y agoFor ianai since there are max reply depths: Schumer is in favor of the tariffs.
- s73v3r_ 8y agoI think he wanted to distract away from who's responsible for this action.
- TooBrokeToBeg 8y agoWhy would the comment distract? It's not a contentious issue, but the bipartisan support has less visibility because it's almost solely attributed to Trump.
- bmelton 8y agoDoes that materially change whether or not it does or doesn't make it more expensive to build products in America that rely on Chinese components?
- nodesocket 8y agoI can't speak specifically to these new items, but just to give an example, many auto experts came out and said the steel and aluminum tarrifs would raise car prices, but so small it's a rounding error. Typically under $100 or $200 per car. Point being, people jump to conclusions without seeing the impact on the total cost of goods. Meanwhile dismissing the point, putting more capital into the pockets of US based companies which improves the economy.
- kayfox 8y agoThis will eat into profits for US based electronics manufacturers, who in many cases may already be under contract for assemblies or finished products at particular price points. It will also make it even more uneconomical to manufacture electronics assemblies or finished products in the US, a business that has been drying up for years.
- sharemywin 8y agoBecause china won't retaliate? Which won't cause us to retaliate? seeing a pattern?
- HeyLaughingBoy 8y agoYou can't just look at the end product, you have to see the tariffs' impact all the way down the supply chain. The effect on the final product may be minimal but the intermediate manufacturer of, e.g., the rails that hold the car seats in place may end up having to lay off half their workforce. If the product that makes up 80% of your business has a 15% margin and now your main raw material input rises in price by 25%, you could be in serious trouble.
- cabaalis 8y agoSo let me ask you, do you think the people in charge do not know this? Do you buy into the media push that Trump is a petulant, reactive child who does not listen to advisers? Do you think our government is truly led by the whims of a single individual? Tariffs are a political tool. There is some objective here that is not being publicly outlined because it would defeat the purpose of the strategy. Example: Other countries involved in this "trade war" are placing tariffs specifically on bourbon. Why? What do they have to gain by that sort of rule? Absolutely nothing, other than putting political pressure on the representatives and senators from Kentucky. (Source: NPR, radio earlier this month where a representative of Canada said exactly this. I wish I could find the audio.) This is the very definition of other sovereign countries interfering with American politics. I would bet that the tariffs being placed here locally are designed to have similar effects.
- kayfox 8y agoBut how does this fix the issue and what does the Democrats supporting it have to do with that?