Posted on 03/03/2018 2:42:54 PM PST by mdittmar
It’s not a tariff,it’s a tax.
That’s OK. Trade wars are good for us and so easy to win.
“How does a tariff work on BMWs built in South Carolina?”
They are assembled there from parts manufactured in Germany.
All those parts can be tariffed.
There are no more "Reagan Democrats". They're either Republicans or they're independents.
The rest of the world will slap a tariff on those we export from South Carolina.
” It is rather astonishing that anyone thinks that the merchantilist policies of China, Japan and France, in particular, but the globalist bureaucracy calling itself the European Union, are anything like free-trade. “
Smithsonian Free Trade has never been practiced, or tried in the entire history of the nation-state.
Mercantilism is the natural order.
Any nation that tries, unilaterally, to practice free trade will soon cease to exist.
Keep telling yourself that.
I can tell from your words that you are ignorant that we are already 30 years into that war.
“Keep telling yourself that. “
I told you too.
Every European auto maker worth a damn makes autos in the USA
The largest BMW plant in the world is in South Carolina
Those who are opposed to ending this gross trade imbalance and sending manufacturing overseas are whores plain and simple. Everything is for sale to them and their price is cheap.
VW makes most of their Golf models in Mexico.
It was kinda funny that when I lived in Japan, 99% of the vehicles on the road were Japanese. It was kinda funny that when I lived in Germany, 99% of the vehicles on the road were German. Should I go on shill?
Our founding fathers liked Juche. It’s how they intended to finance the Republic.
I love my BMWs but will happily pay a tariff on behalf of USA workers.
And it’s not like the EU doesn’t have tariffs, so you can’t win the argument on principle.
Oh, stop.
We could all call you a globalist.
Trump is fooling himself if he thinks anyone can come out ahead by a world-wide trade war.
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Actually, there is always a “trade war”. Nations compete with each other for material advantage constantly.
America is a country that imports much more than it exports and has never had an interest in Tariffing these cheap imported goods. Consequently many countries feed their hungry populations by selling their goods to us. We export very little and that which we do export is excessively tariffed by the importing countries.
Since the balance of this “trade” is so slanted in favor of the exporting countries and against America (the main importing nation), we have nothing to fear by putting tariffs on their products. How are they to retaliate? By raising their already high tariffs on the few goods that we export? Do they retaliate by not selling us the goods they produce because we place a tariff on them? If so, who do they sell those products to if not America. We have much to gain and little to lose in this scenario. Yes we will pay more for steel, but it will be balanced off by increasing employment and a healthier economy.
Trumps threat to europe is that if they wish to retaliate for steel tariffs he’ll just put a tariff on cars also. The European economy is propped up by Germany and by selling goods to us. Trump is simply calling the world’s bluff. I think Trump is well aware of the benefits of cheap imported goods, he is just negotiating a better deal and flexing American muscle. IMO
Our Founding Fathers were all international traders or serious exporters.
And they proposed to finance the government with import tariffs.
“Ludicrous.
The US is the largest market in the world. They’ll take this sh!t and like it.
I’m not even opposed to throwing NATO into the mix.”
Actually the EU is the largest economy in the world. Arguably the E.U. is also by far the richest with nil outside debt and wealthier citizens than us. China is the largest ‘market’ - as you know one example the Chinese buy more cars than we do.
Trump is trying to bluff holding a rather weak set of cards. if he had shut down the Federal government and got into cash flow positive, his bluff might have worked. But, now all the foreigners see is a bankrupt Washington flailing about desperately trying to stay relevant.
Trump the candidate had precisely the right approach - drain the swamp, spend ten years rebuilding our country, stop the lost wars squandering trillions.
Something happened to change his approach; I think the deep state seeded his advisors. Trump is no reformer. Just slightly different style of more of the same.
The feds are going to default within a decade. Trump was our last hope.
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