fspeech

73 ms·

841.
by fspeech 9y ago
Tax can be additive. Metal tariffs against China did not preclude steel and aluminum from getting included again in the newer $50B list.
842.
US proposes tariffs on 1,300 Chinese goods(money.cnn.com)
2 points by fspeech 9y ago|0 comments
843.
by fspeech 9y ago
Fed only controls overnight rate. QE happened because overnight rate hit the floor and is now being unwound. If investors are not willing to fund the Treasuries there is not much the Fed can do. But that is not the case, certainly not now.
844.
by fspeech 9y ago
MFN only obligates countries to not discriminate. It does not obligate them to set tariffs at a particular level (presumably to protect domestic industries). The particular tariff levels are negotiated separately, most recently at the Urugu
845.
by fspeech 9y ago
The keyword here is "net". What you are asking for is free capital flow, mostly in the form of financial market capital. That is not what is discussed here about JV, technology transfer and whatnot. FDI inflow into China can be ea
846.
by fspeech 9y ago
I don't know, maybe because it has the word "deficit" in it. Maybe we should rename it "dollar winnings" or "greenback surpluses". I am pretty sure the trade deficit is driven by the desire of people outsi
847.
by fspeech 9y ago
And it does nothing to reduce trade deficit. If anything it increases the trade deficit. Let me give an example: If Tesla builds a factory in Shanghai, even if it does not import these cars back into the US, it can substitute the current ex
848.
by fspeech 9y ago
The China specific tariffs (on $50 billion worth of imports) have only been announced. The product list is not even released yet and they indicated it will be at least 60 days before the tariffs are actually imposed. So it would be prematur
849.
by fspeech 9y ago
For the purported usage (desalination) distribution is not an issue. But obviously fusion generated electricity won't be free, though marginal cost of production may approach that (if it ever becomes a reality).
850.
by fspeech 9y ago
USSR exported their SAMs to China starting in 1950s. They had a mutual defense treaty before the split. The treaty did not end the moment fissures started to appear. I can't find any report on the defense tech exports to China well aft
851.
by fspeech 9y ago
Are you saying China making cell phones and other goods cheaply available didn't benefit most of the people around the world? I don't get your logic.
852.
by fspeech 9y ago
Your time line is off. USSR assistance to China on nuclear weapons happened before the split. The rest happened after USSR fell and Russia sold the weapons because they were economically needy.
853.
by fspeech 9y ago
Unless China can discipline its other trade partners, it can not effectively block export to the US. This is why over the years there is only US export control against China, not the other way around.
854.
Why tariffs on steel and aluminium are easier said than done(economist.com)
1 points by fspeech 9y ago|0 comments
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Misreading Trump: Ally Japan Is Spurned on Tariff Exemptions(nytimes.com)
1 points by fspeech 9y ago|0 comments
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by fspeech 9y ago
Sorry if I didn't make clear that the question was rhetoric. Thanks for your effort linking to a good explanation. I hope that answers the question of why it is not legally viable to use tariff to create pressure unless it is through W
857.
by fspeech 9y ago
Maybe understanding what MFN status https://en.m.wikipedia.org/wiki/Most_favoured_nation means would help resolve arguments like this. Of course US is free to set tariffs at a level it sees fit (in accordance with its
858.
by fspeech 9y ago
What does the word MFN stand for? Of course US is entitled to setting tariffs at the level it sees fit.
859.
by fspeech 9y ago
You claimed that there is no Chinese middle class. Are you saying home ownership is not a sign of middle class? I did not claim China is rich or even well off by US standards. How about: http://www.travelweekly.co.uk/article
860.
by fspeech 9y ago
"Seventy percent of young adults in China are homeowners, according to a recent HSBC survey. The study, which looked at more than 9,000 people born between 1981 and 1998 in nine countries, found that the home ownership rate of Chinese
861.
by fspeech 9y ago
"Multilateral tariffs are the only real pressure" IT products are already zero tariff per the "Information Technology Agreement" https://www.wto.org/english/tratop_e/inftec_e/inftec_e.htm
862.
by fspeech 9y ago
Is there a WTO obligation to treat domestic and foreign waste the same? Does any country do that? Should there be an obligation?
863.
by fspeech 9y ago
https://en.m.wikipedia.org/wiki/Basel_Convention may be relevant.
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For the U.S. And China, a Technology Cold War That’s Freezing Over(nytimes.com)
55 points by fspeech 9y ago|65 comments
865.
by fspeech 9y ago
The market access you are referring to presumably involves setting up factories in China on a wholly-owned basis without forced technology transfer. That is all good but in what ways would that reduce the trade imbalance? So even if China a
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by fspeech 9y ago
We will have to wait for the details. Will they really tax Nike shoes, HP/Dell computers or Apple phones? As for what Lighthizer allegedly cares about - "electric vehicles, high-tech shipping and aerospace technology", I am n
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by fspeech 9y ago
Part of the reason is likely a lack of true demands, like the example you gave. BAT have shown that they don't lack talents to run computing infrastructure. However they probably don't have enough properly funded long term basic r
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by fspeech 9y ago
Governments think of technology as products, but of course it is people that possess knowledge. Unless you cut off connections amongst people, eventually knowledge will diffuse.
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by fspeech 9y ago
Those who complain that nothing has been done about China seem to be unaware of export control, Wassenaar Arrangement and CFIUS.
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A Beijing Bookstore Where George Washington Is on the Shelves(nytimes.com)
1 points by fspeech 9y ago|0 comments

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