The Numbers Are In And America's Businesses Broadly Support Trump's Tariffs

[To-Whose-Benefit?]

dailycaller
Robert Donachie | 8/2/18

[excerpt]

http://dailycaller.com/2018/08/02/american-businesses-trump-tariffs/

The majority of America’s businesses support President Donald Trump’s tariffs and they want even more, according to a Thursday UBS Investor Watch poll.

Some 71 percent of business owners (from small to large corporations) support imposing additional tariffs on the Chinese, 66 percent support more tariffs on Mexico, 64 percent want more tariffs on European goods and 60 percent would like additional tariffs on Canadian goods, UBS Investor Watch found. Among high net worth investors, 59 percent support more tariffs on Chinese exports.

China is the top concern when it comes to U.S. trading partners, with 88 percent of business owners claiming they believe China engages in unfair trade practices with the U.S.

[Mesaclone]

Of course they do.  Another excuse to raise prices for the consumer.

The US Inflation rate is currently 1.9%...so what the hell are you talking about?

[Emjay]

The US Inflation rate is currently 1.9%...so what the hell are you talking about?

Neither you, nor I, nor he knows.

[INVAR]

Americans love them some big government Fascism/Socialism/central Planning Punitive measures to funnel money into their pockets while punishing their competition.

[catfish1957]

The US Inflation rate is currently 1.9%...so what the hell are you talking about?

Inflation will be a lagging indicator of this trade war.  You think it starts simultaneously? 

[To-Whose-Benefit?]

Why am I seeing nothing but "Predictions" of impending doom here?

[catfish1957]

Why am I seeing nothing but "Predictions" of impending doom here?

What doom?   Just a few posters speculating on inflation.  (And btw, I support punitive action toward the Chicoms)

BTW, care to list a few trade wars in US history that didn't create an inflationary economy?

[edpc]

The steel tariffs under Bush were in place for 18 months.  During that time, the steelworkers unions renegotiated their deal, due to higher profits from the companies.  Once the tariffs were removed and prices dropped, labor costs incurred layoffs.  During the time when the tariffs were in place, the companies that used steel suffered from the price increases.  There are more entities that use raw materials than those that produce it.  There was a huge net loss in jobs and economic output.  Tariffs are a sugar high.  When it's gone, you crash.

[To-Whose-Benefit?]

What doom?   Just a few posters speculating on inflation.  (And btw, I support punitive action toward the Chicoms)

BTW, care to list a few trade wars in US history that didn't create an inflationary economy?

I want China out of business.

I have made that abundantly clear on thread after thread already.

Stalin lost 27 Million people to defeat Hitler. We can survive a few points of inflation.

I don't Ever want to see Anything made in China fouling American shelves again.


I going with the Business Owners my article says are OK with this.

I'm figuring They're more in touch with Their financial needs than we are.

[Bigun]

The steel tariffs under Bush were in place for 18 months.  During that time, the steelworkers unions renegotiated their deal, due to higher profits from the companies.  Once the tariffs were removed and prices dropped, labor costs incurred layoffs.  During the time when the tariffs were in place, the companies that used steel suffered from the price increases.  There are more entities that use raw materials than those that produce it.  There was a huge net loss in jobs and economic output.  Tariffs are a sugar high.  When it's gone, you crash.

As a matter of pure economics, tariffs are really bad but there are other things in play here and the president has no other tools at his disposal so I have to support him.

[DCPatriot]

Well..whaddaya know about that??   

[edpc]

Of course they support tariffs on foreign companies.  Wait until they learn these things don't happen in a vacuum and the opposing nations impose their own measures on their goods.  Their mirth will decidedly dwindle.

[catfish1957]

I want China out of business.

I have made that abundantly clear on thread after thread already.

Stalin lost 27 Million people to defeat Hitler. We can survive a few points of inflation.

I don't Ever want to see Anything made in China fouling American shelves again.


I going with the Business Owners my article says are OK with this.

I'm figuring They're more in touch with Their financial needs than we are.

No arguments there, I am just trying to find out where is all the doom and gloom you spoke about.

[To-Whose-Benefit?]

Well..whaddaya know about that??   

Ain't it just the bees knees that the Prediction of inflation glosses over stuff like this?

https://www.popularmechanics.com/military/aviation/news/a25094/over-half-of-navy-fighters-cant-fly/

And it also seems to condone This:

https://www.theepochtimes.com/fbi-has-investigations-into-chinese-espionage-in-all-50-states_2598562.html

Receiving/Buying Stolen Property is OK, because it's Free Trade.

[To-Whose-Benefit?]

No arguments there, I am just trying to find out where is all the doom and gloom you spoke about.

Of course they do.  Another excuse to raise prices for the consumer.

Oh, I dunno, just tossing shoes in the dark I guess.

[catfish1957]

Oh, I dunno, just tossing shoes in the dark I guess.

I agree that the days of the Chicoms dry humping us needs to end now.  I think economic conditions  might get a little dicey for the next few years, but it will be for our betterment in the long run.

[Absalom]

A competent and normal parent does not punish the child,
in order to generate personal gratification but rather to
change the behavior of the child.
By analogy, this is the purpose of a tariff.

[DCPatriot]

A competent and normal parent does not punish the child,
in order to generate personal gratification but rather to
change the behavior of the child.
By analogy, this is the purpose of a tariff.

Welcome, @Absalom !   

[To-Whose-Benefit?]

I agree that the days of the Chicoms dry humping us needs to end now.  I think economic conditions  might get a little dicey for the next few years, but it will be for our betterment in the long run.

Put This way, you and I agree.

With this, labor mkt, going on, and China's house of cards about to collapse, I doubt the dicey times are going to be either long or excessively dark.

http://dailycaller.com/2018/08/01/american-workers-pay-raise/

[INVAR]

A competent and normal parent does not punish the child,
in order to generate personal gratification but rather to
change the behavior of the child.
By analogy, this is the purpose of a tariff.

Yes.  To punish Americans in order to force them into buying those things only the government approves of.

Otherwise known as Fascism.

[To-Whose-Benefit?]

Yes.  To punish Americans in order to force them into buying those things only the government approves of.

Otherwise known as Fascism.

Pot meet kettle.

[darroll]

Why don't our reporters list the names of our politicians getting rich off of trade deals?

[Frank Cannon]

Trump = GOD!!!!!!

[Concerned]

Of course they support tariffs on foreign companies.  Wait until they learn these things don't happen in a vacuum and the opposing nations impose their own measures on their goods.  Their mirth will decidedly dwindle.

In the same poll, 69% were concerned about a U.S.-China trade war (up from 62% in June).  The poll lableled it as "Rising concerns about a US-China trade war".

https://www.ubs.com/microsites/ubs-investor-watch/en/humming-along.html

[DCPatriot]

In the same poll, 69% were concerned about a U.S.-China trade war (up from 62% in June).  The poll lableled it as "Rising concerns about a US-China trade war".

https://www.ubs.com/microsites/ubs-investor-watch/en/humming-along.html

In a country where an 'impossible' (rising) 4.1% GDP for the 2nd quarter only garners him a 50% approval rating, it's understandable that if there is an oversampling of democrats/never trumpers explains the poll you've cited, @Concerned