China Imposes Tariffs On More Than 125 US Imports Including Fruit And Pork As Fears Of Trade War Gro

[To-Whose-Benefit?]

Without their cheap goods we will have massive inflation. Trade is mutually beneficial. <That is a big NOPE> will never understand that.

Define Trade. What we've been getting as Trade is the equivalent of being offered your life for your wallet in a dark alley.

Are there any parameters you use to determine 'Trade' beyond "Anything Goes"?

Do WTO agreements enter into you calculations?

https://ustr.gov/sites/default/files/2016-China-Report-to-Congress.pdf

We have to keep at least 1 Carrier Battle Group on China's doorstep, as they threaten the entire hemisphere.

http://www.businessinsider.com/military-strike-syria-cost-2013-9

"it costs about $25 million a week for a carrier strike group in routine operations. If the carrier was used in military operations, the cost would rise to $40 million a week as a result of longer flight hours for its planes."

Figure That into the purchase price of every item of 'Cheap Imported Goods' from China.

Your solipsistic platitudinal slogans don't get the center square in this round.

Neither does your calling other people NAZIs.

[Weird Tolkienish Figure]

Define Trade. What we've been getting as Trade is the equivalent of being offered your life for your wallet in a dark alley.

Consumers make a decision every time they are offered a choice of buying a product. Do you want the government to dictate what they can and cannot buy?

That is trade.

Do WTO agreements enter into you calculations?

https://ustr.gov/sites/default/files/2016-China-Report-to-Congress.pdf

WTO has their own process for settling trade disputes.

We have to keep at least 1 Carrier Battle Group on China's doorstep, as they threaten the entire hemisphere.

http://www.businessinsider.com/military-strike-syria-cost-2013-9

"it costs about $25 million a week for a carrier strike group in routine operations. If the carrier was used in military operations, the cost would rise to $40 million a week as a result of longer flight hours for its planes."

Figure That into the purchase price of every item of 'Cheap Imported Goods' from China.

Your solipsistic platitudinal slogans don't get the center square in this round.

Neither does your calling other people NAZIs.

Cutting them off economically will not do anything to encourage better integration with the West and our values. It will encourage more extremism in China.

[Slip18]

Without their cheap goods we will have massive inflation. Trade is mutually beneficial. <That is a big NOPE> will never understand that.

As an old commodity trader I understand that completely!  I am not a Trumper nor a non-Trumper.  He is our President.  He has made me angry and made me happy.  No one can agree on everything.  That, of course, is in my humble opinion, as the DJIA has taken an almost 700 point drop.  Ooops!

 

[Slip18]

@To-Whose-Benefit? @Weird Tolkienish Figure

Neither does your calling other people NAZIs.

I dislike the name calling on TBR, also.  Not a good debate form.

 

[Suppressed]

"it costs about $25 million a week for a carrier strike group in routine operations. If the carrier was used in military operations, the cost would rise to $40 million a week as a result of longer flight hours for its planes."

Figure That into the purchase price of every item of 'Cheap Imported Goods' from China.

...because the Chinese would be just sitting on their hands if we didn't trade with them.   

[NavyCanDo]

Stocks plummeting.    When he first mentioned Tariffs back during the debates we said what an awful idea that proved in the past to have long lasting negative effects.   Well here you go, Welcome to the new recession.   

[To-Whose-Benefit?]

Consumers make a decision every time they are offered a choice of buying a product. Do you want the government to dictate what they can and cannot buy?

That is trade.


WTO has their own process for settling trade disputes.

Cutting them off economically will not do anything to encourage better integration with the West and our values. It will encourage more extremism in China.

Wow. Just Wow.

After their Premier just suspended China's governing document and declared Himself Leader/Ruler for Life.

China has no interest in integrating with the west, never has had any.

In China Integrating means Dominating.

You're backing Communism/Slave Labor this time by resorting to the Libertarian Trade Shibboleth when your original argument/gripe was 'Massive Inflation' caused by <That is a big NOPE>.

WTO has their own process for settling "Trade Disputes"

And just Who is going to Enforce their 'Process'?

Like the 'Peace Process' in the Middle East.

It's what you have when you don't have Peace.

[Weird Tolkienish Figure]

Wow. Just Wow.

After their Premier just suspended China's governing document and declared Himself Leader/Ruler for Life.

China has no interest in integrating with the west, never has had any.

In China Integrating means Dominating.

You're backing Communism/Slave Labor this time by resorting to the Libertarian Trade Shibboleth when your original argument/gripe was 'Massive Inflation' caused by <That is a big NOPE>.

WTO has their own process for settling "Trade Disputes"

And just Who is going to Enforce their 'Process'?

Like the 'Peace Process' in the Middle East.

It's what you have when you don't have Peace.

 

Don't take my word for it, look at the stock market. Tanking for no other reason than the Trumpertantrum.

[To-Whose-Benefit?]

As for the Market, why the hair tearing fit with every mkt downturn?

It won't recover?

Because, . . . because, . . . . but, but, . . . . Trump!

What did you Expect when the Slave Labor/Communist Status Quo was threatened?

Where were the 'BUT TRUMP' folks when Xi's Stooge was popping off Missiles all over the region?

Somebody want to tell me WHY the mkt won't recover this time?

If it was Govt guaranteed to never go down, it would implode and burn like everything Else the Government Officially Takes Over.

[goatprairie]

Stocks plummeting.    When he first mentioned Tariffs back during the debates we said what an awful idea that proved in the past to have long lasting negative effects.   Well here you go, Welcome to the new recession.

It's not like we didn't have recent evidence of what damage tariffs do. The last one, a steel tariff, imposed by the last Bush admin cost 200,000 American jobs.  They revoked the tariff after a year or so.
Trump has been right on a number of issues, but he's proving to be an economics ignoramus. He doesn't understand trade or deficits.  This is what happens when you get an egotistical know-it-all in office who really doesn't know nearly as much as he thinks he does.

[goatprairie]

Wow. Just Wow.

After their Premier just suspended China's governing document and declared Himself Leader/Ruler for Life.

China has no interest in integrating with the west, never has had any.

In China Integrating means Dominating.

You're backing Communism/Slave Labor this time by resorting to the Libertarian Trade Shibboleth when your original argument/gripe was 'Massive Inflation' caused by <That is a big NOPE>.

WTO has their own process for settling "Trade Disputes"

And just Who is going to Enforce their 'Process'?

Like the 'Peace Process' in the Middle East.

It's what you have when you don't have Peace.

What we do, we do to benefit us first, then the rest of the world. Whether China turns into a democracy or not,  we do things to benefit us. Our imposing tariffs is a disastrous idea for us.

[To-Whose-Benefit?]

Don't take my word for it, look at the stock market. Tanking for no other reason than the Trumpertantrum.

And This answer presumes that Investors are somehow Wiser and more well balanced than non-investors.

Investors are emotional critters.

There are no economic literacy tests required to engage a broker and buy in. NONE.

[To-Whose-Benefit?]

What we do, we do to benefit us first, then the rest of the world. Whether China turns into a democracy or not,  we do things to benefit us. Our imposing tariffs is a disastrous idea for us.

And $25 Million a Day to put a Carrier Battle group on China's doorstep is a Benefit to us?

Explain please. Who is going to get the bill for that?

[NavyCanDo]

And $25 Million a Day to put a Carrier Battle group on China's doorstep is a Benefit to us?

Explain please. Who is going to get the bill for that?

There is a WEST PAC battle group deployed 365 days a year, every year.  In my day they were called a Carrier Air Group. On the East Coast it was the Mediteranian where we were deployed. That 25 million is spent regardless of where the group is stationed.

[Suppressed]

And $25 Million a Day to put a Carrier Battle group on China's doorstep is a Benefit to us?

Explain please. Who is going to get the bill for that?

Red China was a problem right from the moment we were done fighting Japanese together.  Hint: that wasn't because we were getting great deals from them.

How about, if you have so much excess cash, you write checks to US steel mfgs, rather than ask us all to give them welfare?

[truth_seeker]

Don't take my word for it, look at the stock market. Tanking for no other reason than the Trumpertantrum.

The DJIA is up over 32% since his election.

Making better trade deals is good longer term.

[edpc]

The DJIA is up over 32% since his election.

So?  When Obama took office, the stock market was just under 8K.  Right before the election, it was over 18K.  None of that was due to his great economic policy.  Touting the DJIA rise means you own the eventual downturn, if it happens on your watch.

[Concerned]

The DJIA is up over 32% since his election.

Making better trade deals is good longer term.

And the DJIA dropped 1100 over two days when Trump announced his steel tariffs.  Then it went down another 425 points today after China announced their (inevitable) retaliatory tariffs.  Maybe Trump should conduct a primer on how easy trade wars are to win so these stupid markets understand that.    Of course, most Presidents are smart enough to know they shouldn’t try and take credit when the market goes up.  Unfortunately, I’m afraid Trump just isn’t smart enough to recognize that.

[To-Whose-Benefit?]

There is a WEST PAC battle group deployed 365 days a year, every year.  In my day they were called a Carrier Air Group. On the East Coast it was the Mediteranian where we were deployed. That 25 million is spent regardless of where the group is stationed.

I have no argument with that.

 http://freebeacon.com/national-security/party-directive-reveals-increased-chinese-theft-u-s-technology/

My gripe is that it could be spent more Effectively. We wouldn't Need to tie it up in the South China Sea if we weren't FREE Trading China back up onto its feet 24/7.

"China's illicit information and technology theft costs Americans $225 billion to $600 billion annually in lost information, the USTR report said."

[Frank Cannon]

The diabolical Chinamen stealing shit. What a revelation.

[Weird Tolkienish Figure]

The DJIA is up over 32% since his election.

Making better trade deals is good longer term.

So you think taxing goods will make people richer then? Sounds like a Democrat to me.

[skeeter]

And $25 Million a Day to put a Carrier Battle group on China's doorstep is a Benefit to us?

Explain please. Who is going to get the bill for that?

The bill will come due when our carrier battle group has to deal with the one (or two) carrier battle groups China can now afford.

[Suppressed]

The diabolical Chinamen stealing shit. What a revelation.

I can't believe they ripped that off from Wacky Packages!

[Weird Tolkienish Figure]

The diabolical Chinamen stealing shit. What a revelation.

The US has been doing this for ages. Ever buy store brand products? They're usually a direct copy of some name brand product.

Capitalism 101.

[To-Whose-Benefit?]

The US has been doing this for ages. Ever buy store brand products? They're usually a direct copy of some name brand product.

Capitalism 101.

Counterfeit products and copyright violation are theft in the US. Not a Govt. Sanctioned method of doing business.

In China it IS their Govt. doing business.