Trade Wars and Tariffs

It’s true that Canada has zero tariffs on US dairy products. What he left out is that zero tariffs is only up to X amount of imports and after that amount there is up to 250% tariffs on anything above the quota. But wait, there’s more. We have never been able to reach our quota of dairy imports, not even close due to subsidies Canada uses to keep their dairy products under market value plus various other hurdles that prevent US dairy imports.

It’s like Australia and US beef, there is no tariffs on US beef imported to Australia however there hasn’t been 1 pound of beef allowed to be imported into Australia since 2003 all the while Australian lamb enjoys no tariffs on imports into the US. Countries us other means besides tariffs to impede US imports.

Now, with that being said. Trump should have implemented the same restrictions/tariffs (except subsidies) countries use to restrict US imports instead of blanket tariffs.
Paul mentioned the threshold value before the 270% kicks in.
 
So no change. They ignore IP laws and have for ages.

China recently awarded New Balance $1.5M over a trademark dispute. There wasn't 0 enforcement.

It's an area where we can't know what the truth is because we wage propaganda campaigns against China, and China is a propaganda machine. It's impossible to know how much actual enforcement there is. But it's clear it wasn't 0.
 
ollo
@SportsRollo
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2h


Imagine thinking that the new baseline of:

- 10% universal tariffs
- 25% auto tariffs
- 25% steel tariffs
- 25% tariffs on 60% of Canadian goods (with the USMCA covering the rest)
- 25% tariffs on 50% of Mexican goods (with the USMCA covering the rest)
- 125% China tariffs

was somehow a "screwup" rather than a deliberate strategy. If these had been the tariffs in place on April 2nd, people would have lost their minds!

Instead, he introduced those outrageous initial tariffs, which he pitched as leverage to achieve his desired outcome. When he later removed them, his starting point became the tariffs listed above—levels that would have caused a panic if they’d been the opening move. And yet, the market thanked him for it!

Meanwhile, during that period, the Trump administration:

- Devalued the Yuan
- Left the Chinese economy in disarray (with Chinese sellers exiting Amazon)
- Got the GOP working on a Reconciliation Bill
- Secured Japan, Vietnam, Canada, and India, along with over 70 other countries, to negotiate new deals

Yeah, a total "screwup," right?
That's very wishful thinking.
 
If the CCP is going to promote legalized theft, then ban food exports to them. Starve them. Then send relief supplies to their people with a narrative of what’s happening printed on the packaging.

Protect shipping lanes for everybody except what’s going in and out of China.
It's not 1957. Other places have food too.
 
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China recently awarded New Balance $1.5M over a trademark dispute. There wasn't 0 enforcement.

It's an area where we can't know what the truth is because we wage propaganda campaigns against China, and China is a propaganda machine. It's impossible to know how much actual enforcement there is. But it's clear it wasn't 0.
It's much closer to 0% than it is to 70%. Look at their phones, locomotives, airplanes, etc. etc.
 
The key is buying right before daffy rips and then selling right before Bugs rips. I'm sure it's a skill everyone in the Trump family has mastered quickly.
Timing the market is always risky and ill advised by professional financial advisors but this one would be a slam dunk. Just follow Trump’s Truth Social feed and you’ll get all the info you need. In fact you could be a real insider and check it in the middle of the night when he’s on the can and posting his stream of consciousness to stay most up to date!
 
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It's much closer to 0% than it is to 70%. Look at their phones, locomotives, airplanes, etc. etc.

OK, sure, no idea on that...but the point is it was something and now it's nothing, contrary to the multiple people incorrectly correcting me that there was no IP protection.
 
Of course. China is a country of a billion people which means they have IP theft, and there is no strong incentive for the government to spend a ton of resources to eliminate all international IP violations. We have IP violations all the time in the US, too. You think because China has IP theft that their government is doing nothing about it? That's not what's happening. It's not 0 enforcement right now. It's inconsistent enforcement....which will always be a problem everywhere.
without actually seeing a translated transcript stating such, I am as certain as I can be that their government is involved in it. as in encouraging it and going out of their way to make sure it continues.

the current spat with the US gives them the reason they need to drop the pretext of pretending to care about enforcing it.

they are still communist. the idea of an IP, not held by the state, is still anathema to them. "capitalism" is only allowed as long as it serves the party.
 
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