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So is not allowing American companies to compete on Chinese markets, not having your intellectual property rights upheld and competing against a country which i
by ThomPete 7y ago
So is not allowing American companies to compete on Chinese markets, not having your intellectual property rights upheld and competing against a country which is still categorized as a developing nation.
Before trump came in 4million jobs was lost to China alone, in exchange we got cheaper flatscreen televisions.
I'll take more expensive flatscreen televisions to make sure that China doesn't end up running over us all any day.
The chinese government (not the chinese people) is being controlled by a bunch of powerhungry men who will do everything to take over the world.
This is not just about economics it's about taking a stance for a more fair market.
So yes it will cost but it will be worth it.
- jf22 7y agoJust to clarify, the cost will be worth it if we get something in return. Right now we have tariffs and all the negative things in the first sentence.
- ThomPete 7y agoRight now we have the lowest unemployment ever plus a number of other amazing numbers. To claim the US economy is bad right now would be pretty out there. And thats despite us already having started the tarrif game with China. I can live with a few things being a little more expensive when the jobs are coming back even in blue collar areas as they are right now.
- amanaplanacanal 7y agoYou seem to be implying that current low unemployment is caused by tariffs on china. I rather suspect that it is caused by continuing low interest rates and has nothing to do with tariffs.
- ThomPete 7y agoNo, I am implying that despite our war with China which have already been going on (with tariffs) we still have one of the lowest unemployment and strongest economies ever. Make of that what you want.
- dougmwne 7y agoThere's a lot of mainstream pressure to back off on the Chinese tariffs. Why exactly is that? Who stands to gain? Do we have a moral obligation to trade with China so that they are raised up? No, I think not. They are already an incredibly rich and powerful country and have begun to challenge world democracies for influence. Will the tariffs collapse our economy? Why should they? There's a big world market out there and plenty of countries to trade with that share our values, or at least do not threaten us. Will the Tariffs make US companies less competitive? Why would it as long as the tariff is applied evenly to goods being imported. Will the Tariffs make the US consumer worse off? Our largest consumer expenses in the US are housing, education, healthcare, transportation and food. If electronics and minor appliances get more expensive, I don't expect that would have a big impact on most people's budgets. Will China go to war with us to protect their interests? They couldn't yet anyway. Maybe someone with more knowledge on this topic than me could explain who stands to gain (besides China) from getting rid of tariffs.
- ThomPete 7y agoI agree. People seem to believe there was some well-balanced system that Trump is just destroying for the fun of it. There was no free trade to begin with but instead a corrupt set of agreements to allow US companies to export jobs out of the country in exchange for cheaper products. I for one is grateful for the fact that we finally have a president who doesn't just allow China to run over us and provide them with all sorts of special treatment. Sometimes you need someone rude and obnoxious and tough to implement the necessary politics rather than just allowing the "experts' to run a game that's obviously been hurting america. Free market means both sides have access to each others markets. China haven't lived up to their side of the bargain. It's time to stop that.
- thefounder 7y ago>> Sometimes you need someone rude and obnoxious and tough to implement the necessary politics rather than just allowing the "experts' to run a game that's obviously been hurting america. America was not run by the "experts", it was run by politicians just like it is today. The situation was different, China was not this assertive nor this powerful, nor this rich. It seamed like/was a good trade-off to get cheap labour so that US companies could export competitively worldwide. It worked. To me it's just the way it was supposed to work. Situation is different now so terms have to change too. China is now a rich and great market for US products which was not the case 20 years ago. What you experience now is a bit of envy and naive confusion. "You" expected China to be forever the cheap way to produce US products and sell them worldwide. I'm pretty sure that both the experts and the less experts knew this day will come. I wouldn't mind if Africa would follow a similar path(except the communism/dictatorship). I don't think it would be bad for the world nor for the US. Some countries need to "cheat" a bit to have any chance of catching up with the developed world.