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Forum » More General Categories » Religion and Politics » Trump prepares $200B of additional tariffs on China
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Thread: Trump prepares $200B of additional tariffs on China

post 1555962831 07-11-2018, 01:42 AM
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#121
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Originally Posted By FatalTragedy12⏩
"Fair deal for America" = as long as we get to bend you over we don't care.

Also, you can try - but honestly, you don't have the economy to take on half the world at the same time. We aren't in the post-WW2 era anymore.
Lol you’re such a cuck. You think to little of America and to much of China and the failing EU. America doesn’t need China but China definitely needs America for its economy to grow.
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post 1555965551 07-11-2018, 03:13 AM
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Originally Posted By CHARBACK⏩
PPP is the best measure and indicates future potential growth as it shows you what their money can buy.

"GDP comparisons using PPP are arguably more useful than those using nominal GDP (see List of countries by GDP (nominal)) when assessing a nation's domestic market because PPP takes into account the relative cost of local goods, services and inflation rates of the country, rather than using international market exchange rates which may distort the real differences in per capita income."

Also regardless, like I said they will catch up to nominal GDP in a decade or two probably.
Wrong. purchasing power parity exchange rate tells us how much money you need in China to be as well off as you are in the US. It is a measure of how big China’s GDP would be if costs of living were the same as the US. They arent. It's an attempt to standardize prices. Chinas consumer market is 3x smaller than americas. Its domestic economy, some 80% smaller.
Originally Posted By FatalTragedy12⏩
That isn’t what purchasing power parity is. PPP is specifically designed to standardise and compare e.g. Big Mac Index and is the best metric.
"Standardise." Price valuations differ and vary from nation to nation. Again PPP exchange rate tells us very little. We have consumer market metrics which is buying g and spending power. Chinas consumer market is $4+trillion. The united states is $13+ trillion.
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post 1555965981 07-11-2018, 03:27 AM
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Originally Posted By FatalTragedy12⏩
This will be a disaster for both sides. It's like Trump is looking for a trade war.
Where have I heard this type of rhetoric before?

Spoiler!
post 1555966111 07-11-2018, 03:31 AM
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Originally Posted By FatalTragedy12⏩
No, I don’t. That doesn’t mean U.S. hegemony is OK or should be maintained through economic or military aggression. Work your way back up. Rebuild the workforce, reindustrialise. Incentivise people to stay without threatening to tariff the bejeezus out of them. That’s how America becomes great again. Not by threatening everyone and their mother that if they leave they’re getting f*cked.
Globalization hollowed out americas workforce. What happened was wealth transfer and deindustrialization that benefitted china. Look and see how after china joined the WTO in 2001, how the trade deficit exploded. We went from a $50 billion dollar trade deficit then, to a $500 billion trade deficit with them today. They steal $400 billion in intellectual property ontop of that. Tariff the ever loving sh!t outta them!
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post 1555968701 07-11-2018, 05:07 AM
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Originally Posted By AlwaysFocus⏩
gotta smash a bunch of eggs to make an omelette

fuk China and their cheap crap, time to get off the tit, the western hemisphere did just fine when China was a chit tier country that produced nothing of value
post 1555968841 07-11-2018, 05:13 AM
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#126
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Originally Posted By FatalTragedy12⏩
Trade deals come through negotiation, not through running people over like it's The Apprentice.

Also, this isn't just harming China. The story goes like this:

1. Trump imposes tariffs on $34B worth of product (in addition to previous aluminium/steel tariffs)
2. China responds by like for like tariffs on the US of $34B
3. Trump prepares tariffs on $200B against China
4. China drawing up equal punitive measures on U.S. products
5. Trump threatens to impose tariffs on $500B
6. China says go ahead and try, we are very disappointed in you

Now picture Trump has also gone to war with Canada, Mexico and the European Union. There's no way the U.S. can handle a trade war with the two biggest economies in the world (China, EU) and also all these other countries.
Here's the problem, China will run out of things to put tariffs on before the US does, because there's a huge trade deficit with China. Do you not understand that the US is buying significantly more than its selling, and that the things it sells are tariffed?

Trump isn't starting a trade war, he's fighting back.
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post 1555971511 07-11-2018, 06:11 AM
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#127
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Originally Posted By LukeLissen⏩
Good.

Hopefully the end result is a total US trade embargo on China.


China lovin America hatin communists in this thread be mad at Trump.
Lifting the embargo initially was what let China explode. A full embargo would definitely shake things up for a while but we would recover as supply lines are redeveloped.
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post 1555972471 07-11-2018, 06:32 AM
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Originally Posted By JoshSP1985⏩
Lifting the embargo initially was what let China explode. A full embargo would definitely shake things up for a while but we would recover as supply lines are redeveloped.
Supply lines with whom though? He's put punitive tariffs on Canada and Mexico, the entirety of Europe, South Korea, Japan, India and picked the biggest fight with China.

The only developed country he's left out has been.. Russia. Hmm, I wonder why?

Otherwise that's the Top 10 economies of the world right there. Trust me, history willnotbe kind to Trump over this. He's going to be vilified when he's off that chair for running the U.S. like The Apprentice.
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post 1555975501 07-11-2018, 07:38 AM
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post 1555975581 07-11-2018, 07:39 AM
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Originally Posted By ymer⏩
Can't trust your poor judgement boyo.
Well we'll find out in two years won't we?
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post 1555976221 07-11-2018, 07:53 AM
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post 1555976411 07-11-2018, 07:57 AM
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Originally Posted By ymer⏩
You're the one that started the thread, maybe you should have waited (6 years).
Why would I when the tariffs have been imposed now?

At least Maxine and Pelosi are saying something about it, the people who kept quiet are even worse.
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post 1555976451 07-11-2018, 07:58 AM
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It's so odd that Trump is doing what he campaigned on. Doesn't he know that politicians never follow through on campaign promises?
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post 1555976751 07-11-2018, 08:03 AM
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#134
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Originally Posted By FatalTragedy12⏩
Well we'll find out in two years won't we?
Who's we?

You never were and never will be a US citizen. You don't get a say and we don't care what you think
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post 1555977731 07-11-2018, 08:20 AM
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Originally Posted By arn710⏩
Who's we?

You never were and never will be a US citizen. You don't get a say and we don't care what you think
You need to go back to primary school English class if you don't know what "we'll find out, won't we" means.

I'm not, and I could be in the future, but really who would want to be a U.S. citizen right now?

Of course I don't get a say, I don't participate in your elections. I can say and debate as I please though and there's nothing you can do about it.
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post 1555978711 07-11-2018, 08:31 AM
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^^^ lol brah you take partisan to the next level
post 1555980771 07-11-2018, 08:58 AM
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Hi my name is OP and I don't understand basic economics.
post 1555981131 07-11-2018, 09:03 AM
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Originally Posted By FatalTragedy12⏩
You need to go back to primary school English class if you don't know what "we'll find out, won't we" means.

I'm not, and I could be in the future, but really who would want to be a U.S. citizen right now?

Of course I don't get a say, I don't participate in your elections. I can say and debate as I please though and there's nothing you can do about it.
Speaking of primary school English, how many times can you compound a sentence?

Loads of people want to be US citizens. What kind of dumb question is that? You're absolutelyOBSESSEDwith the US and Trump. I doubt you've ever even visited. Its just a fantasy land for you
Originally Posted By gachase21⏩
^^^ lol brah you take partisan to the next level
Nah man. He's a centrist. Just ask him.
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post 1555981391 07-11-2018, 09:07 AM
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Originally Posted By arn710⏩
Speaking of primary school English, how many times can you compound a sentence?

Loads of people want to be US citizens. What kind of dumb question is that? You're absolutelyOBSESSEDwith the US and Trump. I doubt you've ever even visited. Its just a fantasy land for you



Nah man. He's a centrist. Just ask him.
Lol, my partner is American. I've been there roughly fifty times for varying lengths of time and visited 30 states including the chithole states like Wyoming. That's probably more than even the average native.

I'm obsessed with the U.S. and Trump because U.S. politics is the only interesting politics apart from UK/EU and the most influential. I also like 50s-90s era old school U.S when being American and Made in the USA meant something.

You're dreaming if you think 99% of middle-upper class people from any country don't discuss U.S. politics because they know it's pretty much the only politics that matters.

Honestly, the only people who seem to have any kind of American mannerisms left seem to be non-racially inclined Southern folk. The large metropolitan areas, especially on the East Coast have turned into chitholes.
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post 1555981501 07-11-2018, 09:08 AM
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Originally Posted By FatalTragedy12⏩
Lol, my partner is American. I've been there roughly fifty times for varying lengths of time and visited 30 states.
Is their name Bobby Drake by chance?
post 1555981591 07-11-2018, 09:09 AM
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Originally Posted By arn710⏩
Speaking of primary school English, how many times can you compound a sentence?

Loads of people want to be US citizens. What kind of dumb question is that? You're absolutelyOBSESSEDwith the US and Trump. I doubt you've ever even visited. Its just a fantasy land for you



Nah man. He's a centrist. Just ask him.
Calm thoughts.
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post 1555981931 07-11-2018, 09:14 AM
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For those that don't fully understand, China steals so much of our Intellectual Property, it only makes sense to start taxing them. Think about it, they basically steal from US companies, recreate the products, and sell them back to us cheaper, screwing over US companies who need to hit certain margins with their ORIGINAL, quality products.

This is going to hurt us in the short run, but long term, it's a solid move.
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post 1555982131 07-11-2018, 09:17 AM
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Originally Posted By ssilv⏩
For those that don't fully understand, China steals so much of our Intellectual Property, it only makes sense to start taxing them. Think about it, they basically steal from US companies, recreate the products, and sell them back to us cheaper, screwing over US companies who need to hit certain margins with their ORIGINAL, quality products.

This is going to hurt us in the short run, but long term, it's a solid move.
They started that way in the 1980s. Eventually, they became better at it since many companies off-shored operations. I only need to give the example of precision machining. Apple makes iPhones there for a reason. The designs are so intricate that the only place in the world that can do it and be economically feasible is China.

Would a blue collar American worker be willing to slave away in a Foxconn factory for $3 an hour? No.
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post 1555982231 07-11-2018, 09:18 AM
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Originally Posted By FatalTragedy12⏩
Lol, my partner is American. I've been there roughly fifty times for varying lengths of time and visited 30 states including the chithole states like Wyoming. That's probably more than even the average native.

I'm obsessed with the U.S. and Trump because U.S. politics is the only interesting politics apart from UK/EU and the most influential. I also like 50s-90s era old school U.S when being American and Made in the USA meant something.

You're dreaming if you think 99% of middle-upper class people from any country don't discuss U.S. politics.

Honestly, the only people who seem to have any kind of American mannerisms left seem to be non-racially inclined Southern folk. The large metropolitan areas, especially on the East Coast have turned into chitholes.
Wyoming is a chithole? Just lol





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post 1555982341 07-11-2018, 09:20 AM
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Originally Posted By FatalTragedy12⏩
They started that way in the 1980s. Eventually, they became better at it. I only need to give the example of precision machining. Apple makes iPhones there for a reason. The designs are so intricate that the only place in the world that can do it and be economically feasible is China.
Apple is so meticulous, that China is unable to compete with their product, besides making chit iPhone look-alikes that don't come close. Chinese people don't know the difference though. Go on their website YouKu (their version of our YouTube) and see how chit it is compared to YouTube. America is the best in the world when it comes to innovation. We will be the first to release AI and the first to come out with Web 3.0 technology. Others will follow and will be taxed heavily for it when trying to sell back to the American people.
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post 1555982471 07-11-2018, 09:21 AM
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Originally Posted By MrQuint⏩
Wyoming is a chithole? Just lol
Of course it has some natural beauty, but then you also have the Badlands and dry arid areas which are a lot less inspiring.
Originally Posted By ssilv⏩
Apple is so meticulous, that China is unable to compete with their product, besides making chit iPhone look-alikes that don't come close. Chinese people don't know the difference though. Go on their website YouKu (their version of our YouTube) and see how chit it is compared to YouTube. America is the best in the world when it comes to innovation. We will be the first to release AI and the first to come out with Web 3.0 technology. Others will follow and will be taxed heavily for it when trying to sell back to the American people.
Their web presence is stifled by the government. Even then, look at Alibaba, Baidu, RenRen etc. I'm talking about manufacturing. China (now) excels at doing precision work for cheap but that decades old "made in china" stigma will never go away.

Btw, Huawei's phones are pretty sweet and they're the largest telecommunications manufacturer in the world.
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post 1555984101 07-11-2018, 09:44 AM
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Wyoming is one of the most beautiful states in the Union. Confirmed absolutely never visited the US. Typical close-minded, elitist lib
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Originally Posted By arn710⏩
Wyoming is one of the most beautiful states in the Union. Confirmed absolutely never visited the US. Typical close-minded, elitist lib
Wait. This ******* who argues incessantly about American politics with Americans is not an American?

We need another R/P section for her and Ectocuck and such to argue American politics in.
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I just watched a good video on this topic this morning. Black Pigeon Speaks makes excellent, pretty short videos on world economics if you guys are interested you should check out his channel.
post 1555984721 07-11-2018, 09:53 AM
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Originally Posted By arn710⏩
Wyoming is one of the most beautiful states in the Union. Confirmed absolutely never visited the US. Typical close-minded, elitist lib
California is my favourite, but you already knew that. Most open-minded people in the U.S. 2018.

Where are you from out of interest? You sound like an angry blue collar worker from Arkansas who complains about his taxes a lot.
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