Trade Wars and Tariffs

So, you're first sentence is my point.

As of now, it is almost impossible to find an American who doesn't have, at the very least, a significant amount of personal property they purchased through just about any medium that doesn't have Chinese manufacturing behind it. A 4 year tariff war will likely have little effect on that, except it's just going to be way more expensive now.
I disagree on your second paragraph. The Boomer generation was called that for a reason. That's people from 80 to 60. Lots of us still here. I'm on the bottom end of it, so I was exposed to a little more of the Chinese products than the older members of the generation. Most of my personal assets are made with American raw materials. That even includes the vehicles, which are a spit of assets
 
I disagree on your second paragraph. The Boomer generation was called that for a reason. That's people from 80 to 60. Lots of us still here. I'm on the bottom end of it, so I was exposed to a little more of the Chinese products than the older members of the generation. Most of my personal assets are made with American raw materials. That even includes the vehicles, which are a spit of assets

*in the voice of Chris Hanson*

Do you want to tell me what device you're posting on here with?
 
  • Like
Reactions: BernardKingGOAT
Touched a nerve i see....
Not sure how you came to that conclusion by my appreciation for the farmers. But again, you struggled with 3rd grade World History, so not surprised. Not knowing who’s communism seems to have triggered you.
 


absolute insanity..not to mention all the military spending we incur countering this.


Have to admit I hadn't really thought about the stock market side of things. However, China is still China Inc. If you buy Chinese goods, you fund the Chinese government and military. It's been obvious for years (certainly since the Chinese were building military islands out of shoals in the S China Sea) that our imports of Chinese goods were building a military that one fine day we will have to face. So insanity is absolutely the right word, I can't even imagine what you call continuing to play the game after it became obvious. I'd probably start by labelling most of our politicians on both sides and corporate "leaders" as treasonous. There's also the part about selling US land - and unknown quantities of land adjacent to our military bases. That's nuts and treasonous.

The other thing is that US investment in China (the manufacturing plants) are always subject to being seized by China; if and when it happens, I have no sympathy at all for the companies like Apple that will see investment sunk. It's a shame that the corporate leadership (past and present) doesn't have to absorb the loss. The only saving grace is that we could turn around and seize Chinese assets here assuming we can sort out what those are because they have played games to hide Chinese ownership. Then there's the Chinese presence in our research sector and outflow of technology to use against us.

It's hard to believe that we could actually develop a policy that would make us more complicit and willing dupes than what we've just allowed to happen - what our political and business "leaders" have allowed to happen. I guess one day we'll have a populace that said "I never knew" like the Germans who "never knew" about concentration camps, gas chambers, torture ...
 
Have to admit I hadn't really thought about the stock market side of things. However, China is still China Inc. If you buy Chinese goods, you fund the Chinese government and military. It's been obvious for years (certainly since the Chinese were building military islands out of shoals in the S China Sea) that our imports of Chinese goods were building a military that one fine day we will have to face. So insanity is absolutely the right word, I can't even imagine what you call continuing to play the game after it became obvious. I'd probably start by labelling most of our politicians on both sides and corporate "leaders" as treasonous. There's also the part about selling US land - and unknown quantities of land adjacent to our military bases. That's nuts and treasonous.

The other thing is that US investment in China (the manufacturing plants) are always subject to being seized by China; if and when it happens, I have no sympathy at all for the companies like Apple that will see investment sunk. It's a shame that the corporate leadership (past and present) doesn't have to absorb the loss. The only saving grace is that we could turn around and seize Chinese assets here assuming we can sort out what those are because they have played games to hide Chinese ownership. Then there's the Chinese presence in our research sector and outflow of technology to use against us.

It's hard to believe that we could actually develop a policy that would make us more complicit and willing dupes than what we've just allowed to happen - what our political and business "leaders" have allowed to happen. I guess one day we'll have a populace that said "I never knew" like the Germans who "never knew" about concentration camps, gas chambers, torture ...

What’s worse is we are not only financing China through trade we are financing them through loans from the World Bank and the IMF. Loans backed and guaranteed by our Federal Reserve and that is the reason we cannot force China’s hand.
 
What’s worse is we are not only financing China through trade we are financing them through loans from the World Bank and the IMF. Loans backed and guaranteed by our Federal Reserve and that is the reason we cannot force China’s hand.
If Trump has them delisted off NYSE, game will really be on. I guess that is our counter to them destroying our bond market.
 
  • Like
Reactions: AM64
If Trump has them delisted off NYSE, game will really be on. I guess that is our counter to them destroying our bond market.

Game over is correct, it would be war both against China and civil. The Chinese own too many politicians and bureaucrats in the west.
 
  • Like
Reactions: AM64
We should for sure attempt to get free trade across the board. But what we shouldn’t do is attempt to fight the entire planet at once.

Which is what Trump apparently thought was a good idea. Rather than going after the worst offenders or key targets first like China, he just came out swinging without forethought
What makes you think he didn't think it through? All these keyboard economics geniuses seem to agree that Trump is a ****ing idiot, but I have to wonder how many billionaires are hanging out here for the fun of it. And how many of us could stand the rigors of A) running for president, and B) doing the job if being successful at A.

Maybe, the man knows what he's doing. Is that remotely possible?
 
  • Like
Reactions: UT_Dutchman
Did Musk die or has he been planted in a gulag somewhere? Haven't seen anything of him in at least a couple of days, and that's a good thing unless he's just underground quietly stirring the brown stuff with no supervision.

He got cyberbullied pretty badly, and I haven't seen much of him since.
 
  • Like
Reactions: AM64
I guess every piece of legislation, EO, policy decision foreign and domestic needs to consider the short term effect on the stock market. Hell of a way to run a country if that’s the case.


It was good enough for Heir Trump to change his policies, wasn't it ?

Oops.
 
What makes you think he didn't think it through? All these keyboard economics geniuses seem to agree that Trump is a ****ing idiot, but I have to wonder how many billionaires are hanging out here for the fun of it. And how many of us could stand the rigors of A) running for president, and B) doing the job if being successful at A.

Maybe, the man knows what he's doing. Is that remotely possible?

Not in this domain. If we are going to go after China (which we should), we should be making friends with the rest of the world. We shouldn’t walk into a room and slap everyone in that room immediately

If he had thought it through, he wouldn’t have to change his policy so fast.

Defend his stance. If he did think it through, then why change immediately? Why tariff the entire world at once? None of it is defensible.

He was listening to the wrong people and he screwed up epically, in front of the entire world. When he rolled it back, that is still a massive screw up, but not as big of one as his original proposal was.

You can’t take aggressive action against China, while at the same time taking action against the entire EU and Canada. I mean you can, but that would retarded.
 
Last edited:

VN Store



Back
Top