Quote:
Originally Posted by crockett
Here is the problem for China.. All that shit they export is not Chinese products. It's products being made in China for companies in other counties. China is just the middle man providing labor..
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well steel is not a product from another countrie - actually steel is a chinese invention.
following your logic nobody else than the chinese should be allowed to produce it because they have been the inventors.
but the biggest thinking error is to speak about THE US and THE CHINESE. these trades are not between countries - they are between companies.
by setting a higher tariff on imported products these companies are unable to compete in the world market.
you forget here that the USA is an export nation - the second biggest in the world.
exporting goods is always based on the price of a good because every exported good will become anyway more expensive because of transport costs.
if you want to sell apples you will try to plant as many of them on the smallest piece of land. but you can not blame the apple tree fro not buying apples from you.
it has a reason why the stocks are falling that dramatically as they did in the past weeks.
investors know that the consequences will hit the US economy hard.
and not ONLY the US economy will suffer. many other countries will suffer too what makes it hard to get out of this circle again.
donīt wait that chinese will go on the street when they suffer - they are used to suffer - but are americans used to it?
and why china? did you ever had a look on the trade deficit US have with vietnam ?
but nooooo - nobody will touch this topic again in USA.
research a bit about the trade deficit and with what countries it is the highest.
you will find out that the only countries with a low or no deficit are the ones what are buying weapons from US - and THERE is the problem of your economy because it is based on an export industry what kills people.
the next problem is oil and pharma.
they are "exporting" to a price what is 99% lower as this products are sold in the USA.
they sell it again to own companies offshore and THEY sell them on the regular market price.
HOW can a country can have a balanced trade when the profits are made from own daughter companies offshore.
but THIS FACTS nobody will tell you because this is the establishment and trump is a part of them - he will not blame the real guilties because he is a beneficiary of this fraud.