What ARE the unfair trade practices Trump is bitching about endlessly?
But in all of his bitching, he never really says specifically what is unfair. So what the fuck is he bitching about? I want answer from people with at least a minor in economics or equivalent business acumen (read Wall Street Journal more than once a week). I don't want any motherfucking guesses.
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If I can pay employees $3.50 a day to make a widget, but you have to pay $13.00 an hour, who can sell their widgets for less?ApostleofGrief said:It looks to me that US businesses have historically been parking their money in Europe to avoid taxes...
But in all of his bitching, he never really says specifically what is unfair. So what the fuck is he bitching about? I want answer from people with at least a minor in economics or equivalent business acumen (read Wall Street Journal more than once a week). I don't want any motherfucking guesses. -
I’ve been in economics for a combined 30 years (importing and exporting). Think of it like this. Basically China doesn’t take back all the cheap shit they make that customers of Costco and Walmart return to the stores because it’s all cheap unarmenian made shit.
My plan would be to build a wall using a mixture of opioid addicts and discounted returned products from American retail centers. -
I don't think it's the cost of labor Trump is bitching about. It's intellectual property (IP) appropriation. I copied this summary below. So the focus of Trump's complaints is that he thinks they are stealing our* technology and trying to position themselves as the dominant country that way.UWerentThereMan said:I’ve been in economics for a combined 30 years (importing and exporting). Think of it like this. Basically China doesn’t take back all the cheap shit they make that customers of Costco and Walmart return to the stores because it’s all cheap unarmenian made shit.
My plan would be to build a wall using a mixture of opioid addicts and discounted returned products from American retail centers.
China uses foreign ownership restrictions, including joint venture requirements, equity limitations, and other investment restrictions, to require or pressure technology transfer from U.S. companies to Chinese entities. China also uses administrative review and licensing procedures to require or pressure technology transfer, which, inter alia, undermines the value of U.S. investments and technology and weakens the global competitiveness of U.S. firms.
China imposes substantial restrictions on, and intervenes in, U.S. firms’ investments and activities, including through restrictions on technology licensing terms. These restrictions deprive U.S. technology owners of the ability to bargain and set market-based terms for technology transfer. As a result, U.S. companies seeking to license technologies must do so on terms that unfairly favor Chinese recipients.
China directs and facilitates the systematic investment in, and acquisition of, U.S. companies and assets by Chinese companies to obtain cutting-edge technologies and intellectual property and to generate large-scale technology transfer in industries deemed important by Chinese government industrial plans.
China conducts and supports unauthorized intrusions into, and theft from, the computer networks of U.S. companies. These actions provide the Chinese government with unauthorized access to intellectual property, trade secrets, or confidential business information, including technical data, negotiating positions, and sensitive and proprietary internal business communications, and they also support China’s strategic development goals, including its science and technology advancement, military modernization, and economic development. -
Well, true for China. But he is making the same bitching complaint at the G7 which doesn't include China. If anything American labor is cheaper than Europe.greenblood said:
If I can pay employees $3.50 a day to make a widget, but you have to pay $13.00 an hour, who can sell their widgets for less?ApostleofGrief said:It looks to me that US businesses have historically been parking their money in Europe to avoid taxes...
But in all of his bitching, he never really says specifically what is unfair. So what the fuck is he bitching about? I want answer from people with at least a minor in economics or equivalent business acumen (read Wall Street Journal more than once a week). I don't want any motherfucking guesses. -
OK, I spent about an hour studying this issue, and it looks like, as usual, Trump is distorting the situation. With China he is mostly bitching about their attempts to steal our intellectual property by various means and positions themselves as a dominant tech power. When he is bitching about the yuuge deficit, he isn't including SERVICES. If you include services then it's not such an imbalance. But, since Trump knows he needs the Rust Belt vote, he is pandering to those voters and just including OBJECTS manufactured, but not services, to distort the issue... with Europe, he stupidly is including locally applied European taxes like VAT, claiming VAT overprices our products. But I think a buyer pays the same VAT for a local product, so while our products may appear overpriced, in fact they are competitive locally. The actual, present tariffs (until lately at least) are essentially the same between the US and the EU for the vast majority of cases. Trump, as usual, is distorting the situation making it looks like a few exceptions are the rule.
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troomps can’t compete so they must protect their dieing industries with tariffs. Scapegoating foreigners, even our closest allies, is the preferred trump alternative to having competitive skills and producing high value products. Winners win. Troomps bitch, moan and impose tariffs.
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Winners win is the laziest comment perpetuated on this bored. Win and you are a winner. Gee, no kidding.CirrhosisDawg said:troomps can’t compete so they must protect their dieing industries with tariffs. Scapegoating foreigners, even our closest allies, is the preferred trump alternative to having competitive skills and producing high value products. Winners win. Troomps bitch, moan and impose tariffs.
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Mexican labor is much cheaper, which affects naftaApostleofGrief said:
Well, true for China. But he is making the same bitching complaint at the G7 which doesn't include China. If anything American labor is cheaper than Europe.greenblood said:
If I can pay employees $3.50 a day to make a widget, but you have to pay $13.00 an hour, who can sell their widgets for less?ApostleofGrief said:It looks to me that US businesses have historically been parking their money in Europe to avoid taxes...
But in all of his bitching, he never really says specifically what is unfair. So what the fuck is he bitching about? I want answer from people with at least a minor in economics or equivalent business acumen (read Wall Street Journal more than once a week). I don't want any motherfucking guesses. -
I’m sorry a Mexican stole your job.greenblood said:
Mexican labor is much cheaper, which affects naftaApostleofGrief said:
Well, true for China. But he is making the same bitching complaint at the G7 which doesn't include China. If anything American labor is cheaper than Europe.greenblood said:
If I can pay employees $3.50 a day to make a widget, but you have to pay $13.00 an hour, who can sell their widgets for less?ApostleofGrief said:It looks to me that US businesses have historically been parking their money in Europe to avoid taxes...
But in all of his bitching, he never really says specifically what is unfair. So what the fuck is he bitching about? I want answer from people with at least a minor in economics or equivalent business acumen (read Wall Street Journal more than once a week). I don't want any motherfucking guesses. -
Mexico not a G7 member.greenblood said:
Mexican labor is much cheaper, which affects naftaApostleofGrief said:
Well, true for China. But he is making the same bitching complaint at the G7 which doesn't include China. If anything American labor is cheaper than Europe.greenblood said:
If I can pay employees $3.50 a day to make a widget, but you have to pay $13.00 an hour, who can sell their widgets for less?ApostleofGrief said:It looks to me that US businesses have historically been parking their money in Europe to avoid taxes...
But in all of his bitching, he never really says specifically what is unfair. So what the fuck is he bitching about? I want answer from people with at least a minor in economics or equivalent business acumen (read Wall Street Journal more than once a week). I don't want any motherfucking guesses. -
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This is Trump's explanation today.ApostleofGrief said:It looks to me that US businesses have historically been parking their money in Europe to avoid taxes...
But in all of his bitching, he never really says specifically what is unfair. So what the fuck is he bitching about? I want answer from people with at least a minor in economics or equivalent business acumen (read Wall Street Journal more than once a week). I don't want any motherfucking guesses.
“We’re like the piggy bank that everybody’s robbing,” Trump said. -
That's exactly why cutting taxes won't bring jobs back to America that Trump promised.greenblood said:
If I can pay employees $3.50 a day to make a widget, but you have to pay $13.00 an hour, who can sell their widgets for less?ApostleofGrief said:It looks to me that US businesses have historically been parking their money in Europe to avoid taxes...
But in all of his bitching, he never really says specifically what is unfair. So what the fuck is he bitching about? I want answer from people with at least a minor in economics or equivalent business acumen (read Wall Street Journal more than once a week). I don't want any motherfucking guesses. -
Already has loser
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Biggest national security threat to troomps: Canadians, Mexicans, and the EU.
Trump is a giant fucking pussy. -
The one area where I disagree with Trump.
He still believes that cars, manufacturing and other labor intensive jobs can make a come back in America.
if you look at the world through his lens, America was great when we built shit.
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It won't be labor intensive anyway. It will be manufacturing with robotics.topdawgnc said:The one area where I disagree with Trump.
He still believes that cars, manufacturing and other labor intensive jobs can make a come back in America.
if you look at the world through his lens, America was great when we built shit. -
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He's not eh o my one who thinks that.topdawgnc said:The one area where I disagree with Trump.
He still believes that cars, manufacturing and other labor intensive jobs can make a come back in America.
if you look at the world through his lens, America was great when we built shit.
Amdn not sure he is entirely wrong about it.
The fact is, there are, and for the foreseeable future, will be, WAY more people who have no role in an Tech/services economy than those who do.
And our economic relations with china go well beyond IP theft.
Our exports go through vetting and more economically inefficient bullshit than you can shake a stick at. -
Fuck this damn phone!^creepycoug said:
He's not eh o my one who thinks that.topdawgnc said:The one area where I disagree with Trump.
He still believes that cars, manufacturing and other labor intensive jobs can make a come back in America.
if you look at the world through his lens, America was great when we built shit.
Amdn not sure he is entirely wrong about it.
The fact is, there are, and for the foreseeable future, will be, WAY more people who have no role in an Tech/services economy than those who do.
And our economic relations with china go well beyond IP theft.
Our exports go through vetting and more economically inefficient bullshit than you can shake a stick at. -
Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
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Engrish matters!creepycoug said:
Fuck this damn phone!^creepycoug said:
He's not eh o my one who thinks that.topdawgnc said:The one area where I disagree with Trump.
He still believes that cars, manufacturing and other labor intensive jobs can make a come back in America.
if you look at the world through his lens, America was great when we built shit.
Amdn not sure he is entirely wrong about it.
The fact is, there are, and for the foreseeable future, will be, WAY more people who have no role in an Tech/services economy than those who do.
And our economic relations with china go well beyond IP theft.
Our exports go through vetting and more economically inefficient bullshit than you can shake a stick at.
Oh and phones are EVIL incarnate! -
Well, OK, but how tangible is this? We have our own exclusive rules too, you know. I believe an example is the "buy USA" law which makes it illegal to buy foreign crap like cars for government. My information obtained by the NY Times is that far from running a deficit, we in fact running a trade surplus. The dumbfuck known as our president, by the way, omits services in his distortions of reality.Sledog said:Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
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Please to be explaining how that is unfair? It's their country. Just one it's our country. Abs we have a leader, your hero, making trade wars out of nothing for no reason other than to flex his muscle. And idiots like you stroke off to it.Sledog said:Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
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The Canadian and US dairy markets are both propped up by their respective governments. One through tariffs and quotas the other from targeted subsidies. Pick your poison.ApostleofGrief said:
Well, OK, but how tangible is this? We have our own exclusive rules too, you know. I believe an example is the "buy USA" law which makes it illegal to buy foreign crap like cars for government. My information obtained by the NY Times is that far from running a deficit, we in fact running a trade surplus. The dumbfuck known as our president, by the way, omits services in his distortions of reality.Sledog said:Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
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If the others tax our exports to them at high rates why shouldn't we be making some money off of them as well?2001400ex said:
Please to be explaining how that is unfair? It's their country. Just one it's our country. Abs we have a leader, your hero, making trade wars out of nothing for no reason other than to flex his muscle. And idiots like you stroke off to it.Sledog said:Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
HTH -
From the dude who said we need to lower corporate income taxes to reduce costs to the consumer.Sledog said:
If the others tax our exports to them at high rates why shouldn't we be making some money off of them as well?2001400ex said:
Please to be explaining how that is unfair? It's their country. Just one it's our country. Abs we have a leader, your hero, making trade wars out of nothing for no reason other than to flex his muscle. And idiots like you stroke off to it.Sledog said:Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
HTH
Dumbfuck. -
yes the idea is doing a number of things to incentivize industry within this country its pretty simple2001400ex said:
From the dude who said we need to lower corporate income taxes to reduce costs to the consumer.Sledog said:
If the others tax our exports to them at high rates why shouldn't we be making some money off of them as well?2001400ex said:
Please to be explaining how that is unfair? It's their country. Just one it's our country. Abs we have a leader, your hero, making trade wars out of nothing for no reason other than to flex his muscle. And idiots like you stroke off to it.Sledog said:Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
HTH
Dumbfuck.
china enslaves their people and destroys the planet so that americans can acquire slightly cheaper consumer garbage in exchange for dollars which they use strategically to improve their military, increase their manufacturing base, buy up crucial strategic long-term assets across the globe such as raw material sources
how is this setup good for anyone? -
From the guy wanting communism?2001400ex said:
From the dude who said we need to lower corporate income taxes to reduce costs to the consumer.Sledog said:
If the others tax our exports to them at high rates why shouldn't we be making some money off of them as well?2001400ex said:
Please to be explaining how that is unfair? It's their country. Just one it's our country. Abs we have a leader, your hero, making trade wars out of nothing for no reason other than to flex his muscle. And idiots like you stroke off to it.Sledog said:Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
HTH
Dumbfuck.
Check yourself into the gulag. -
Not to mention the cherry on the top.SarkFanSixtyNine said:
yes the idea is doing a number of things to incentivize industry within this country its pretty simple2001400ex said:
From the dude who said we need to lower corporate income taxes to reduce costs to the consumer.Sledog said:
If the others tax our exports to them at high rates why shouldn't we be making some money off of them as well?2001400ex said:
Please to be explaining how that is unfair? It's their country. Just one it's our country. Abs we have a leader, your hero, making trade wars out of nothing for no reason other than to flex his muscle. And idiots like you stroke off to it.Sledog said:Canada levies a tariff of 270 percent on milk, 245 percent on cheese and 298 percent on butter in an effort to keep U.S. and other foreign dairy imports out. And people get upset about the US wanting to put a tariff out there to get the attention of the real offenders of unfair trade
HTH
Dumbfuck.
china enslaves their people and destroys the planet so that americans can acquire slightly cheaper consumer garbage in exchange for dollars which they use strategically to improve their military, increase their manufacturing base, buy up crucial strategic long-term assets across the globe such as raw material sources
how is this setup good for anyone?
Currency manipulation.
