Posted on 01/28/2017 11:20:07 AM PST by Jim W N
2014 avg tariff chart at link. If we bump iours +5% we equal China...
http://www.indexmundi.com/facts/indicators/TM.TAX.MRCH.SM.AR.ZS/rankings
I have rejected the formal theoretical economics(lies) I learned at university in favor of real world economics based on what is best for the most Americans and for Americas future because I am not a dogmatic fool like you.
> “They will reduce our exports, because they will invite counter-tariffs...”
There are already tariffs on the other side. If you have been following Donald Trump’s campaign you would have seen him talk many times about tariffs on American goods and services.
President Trump is aiming at the weakness of those who are ripping American companies and workers. That weakness is they need us more than we need them.
President Trump is simply using his tactics that were written in his book ‘The Art of the Deal’.
If Mexico as an example doesn’t want to face 20% tariffs on its exports into the USA, then PAY FOR THE F*CKING WALL MEXICO!
And then President Trump might make a deal with them to lower the tariff to 15% with a demand to take back their hardened criminals that they released and told to head north over the border. If Mexico doesn’t like the 15%, then PAY FOR AND INCARCERATE YOUR OWN F*CKING KNUCKLEHEADS MEXICO!
And if Mexico agrees to keep their own hardened criminals and not send them north across the border, then President Trump might lower the tariff to 10%. And if Mexico doesn’t like a tariff of 10%, then they can BURN UP THE WEED AND OPIUM FIELDS, HANG THEIR F*CKING NARCO-TERRORISTS, AND INCARCERATE ANY MEXICANS TRYING TO SMUGGLE CRACK ACROSS THE BORDER!
AND IF THEY DON’T DO ALL OF THE ABOVE, THE TARIFF GOES UP!
See how that works? Sure you do.
We don’t need Mexico, we never did. They offer nothing that we can’t get for ourselves. All they bring is trouble.
You are a sniper attack dog with nothing to offer and a waste of time. Quit posting to me. Go get you brain fixed.
If only could understand your point, breaking up the globalist destruction of America and American livelihoods by bringing up tariffs was a starting not end point to negotiations.
Finally, someone is looking at the American interests. Barely in time I might add.
I would say start at 10% and see if it makes a dent in the trade deficit. Then increase it annually 2% until the deficit is close to balanced. We cannot afford to lose anymore industries to the 3rd world.
Well if other countries want to shoot themselves in the foot, that’s up to them. It doesn’t mean we have to.
I lived in Germany for a long time and I know they put a 10% customs charge and add VAT (currently 19% ) on all our products sold there. I know that is not technically a tariff but it seems to me that it serves the same purpose by making our products much more expensive there. Other countries do the same. I think we should return the favor to make it fair. Putting 29% on all German products until they drop their charges on our stuff would be cool with me, as would charging other countries whatever fees they add to our products. I think onerous and costly EPA and NHTSA mandates had as much to do with almost killing our auto industry in the 1970s as any tariffs we may have had.
“The wall has already been approved by Congress.”
You prove my point. Why hasn’t it been built? Wasn’t illegal immigration was stopped in 1986?
Give Trump a chance.
You are a globalist NWO < expletive deleted > that can’t even acknowledge there is two sides to the trade equation. Therefore sane reasoned arguments/discussions are impossible to have with a zealot fascist like you and your ilk.
He got your goat, didn’t he?
Yes, that’s the stuff that should be negotiated—and can only effectively be negotiated in old-fashioned, bilateral deals. Mexico, as I understand it, has upped their internal equivalent from 5% to 16%, through two hikes, since we signed NAFTA.
No, that is really who this va_central is and he really does need to get his brain fixed.
Shut up and go away.
We don’t need tariffs but we need also to NOT pay tariffs. Free trade is free coming or going.
If we pay tariffs to access their market then they need to pay tariffs to access ours.
“Among other things, protectionism in the past gave us fatty, uncompetitive industries like our auto and steel industries in the ‘70s.”
I know that’s the popular narrative, but it’s far from the whole story.
The nation of Japan—not the Japanese steel industry, not the Japanese automobile industry, but the entire nation of Japan—targeted our industries for destruction.
This was not “free and fair competition,” but an illegal, hostile attack on our economy. Their primary tactic, called “dumping,” is a violation of international law and any number of trade agreements.
While under attack from what the Chinese called “the brown dwarves,” our industries were also beset by the left: taxes, regulations, ridiculous union demands, et cetera, et cetera, formed the anvil against which Japanese dumping hammered them.
They hurt us much more with their “expanding market share” onslaught than they did at Pearl Harbor.
An extra-large dose of protectionism, which was entirely absent from our policies in the 1970s (Don’t know where you got that notion. Leftist college professor?) might just have saved our steel and auto industries.
That was my point.
Wasn’t sure but that being the case, you made a good point.
Thanks for some calm logic :)
Give Trump a chance? I’m ecstatic about his presidency. And he’s been crushing it so far.
This is just one major blind spot IMO, that’s all.
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