[FONT="]After Trump threatens tariffs, Mexico's President Lopez Obrador asks Trump to have U.S. officials meet with the Mexican foreign minister in Washington on Friday to seek a solution that benefits both nations
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Gee, I'm shocked that the guy whose education topped out at high school and who does manual labor for a living isn't real clear on how this is going to work.[/FONT]
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Gee, I'm shocked that the guy whose education topped out at high school and who does manual labor for a living isn't real clear on how this is going to work.[/FONT]
I simply responded with "superficial" because I'm tired of explaining a process. They're not interested in the truth anyways, just the ten second sound bite material
I actually think barbanman is pretty smart, but it looks as if TDS as consumed him
Mexico isn't paying for a wall.
Mexico isn't paying for these tariffs.
China isn't paying for its tariffs.
But let's get some more welfare for the farmers like Chuck "the welfare queen" Grassley! He's only a millionaire four times over and he can't afford this. Fire up the money printing machines, Mnuchin, and get the millionaires their money!
Mexico isn't paying for these tariffs.
China isn't paying for its tariffs.
But let's get some more welfare for the farmers like Chuck "the welfare queen" Grassley! He's only a millionaire four times over and he can't afford this. Fire up the money printing machines, Mnuchin, and get the millionaires their money!
I would write a lot of reasons Tarriffs at this point and time are the BEST thing for the US right now with China... but, I feel I would be wasting my breath trying to explain it. So, Ill put it as simply as I can so Im not wasting much of either of our time.
We have our best chance, right now, to reign in China and its huge advantage over the US and OTHER US FRIENDLY TRADE PARTNERS. With our economy as strong as it is, we have to make a push back while its in our favor, while we are at our strongest. China has been able to walk over us for over 16 years, and increasing their exports, and decreasing our exports. Otherwise, it will continue to grow out of hand, and the balance of economic power will be owned by China, while they force us to rely on them even more.
There will be American made goods if trade is balanced, but most of it is that China ISNT REFORMING itself as it was supposed to do when they entered the WTO in 2001.
The problem is that China fends off reforms that would open its markets to more competition but makes use of trade agreements to push into international markets. Some of the promises it allegedly failed to fully deliver on include requiring state-owned enterprises to make purchases on commercial considerations, opening its telecommunications market to competition, manipulating technology standards to block foreign competition and significantly subsidizing its exports.
Chinese companies illegally steal over $200 billion worth of American business secrets -- known as intellectual property -- each year, according to a bipartisan commission report from 2013. The Chinese try to copy movies, electronics and software and churn them out at a cheaper rate.
Over 2 million jobs would return to America if China had laws to protect business secrets like the U.S. does, the report from the Commission on the Theft of American Intellectual Property concluded.
Theft is just one headache. The Chinese government has developed a reputation for changing rules on a whim and heavily favoring domestic companies.
China has made no secret of its intentions to dominate certain industries. For example, it has regularly been accused of "dumping" really cheap steel on world markets. China denies those claims, but U.S. and European steel makers say the intent is to drive them out of business.
The Chinese government has also heavily subsidized certain industries, something that is against the rules of the World Trade Organization, which China joined in 2001. A scathing report from the Information Technology and Innovation Foundation, a U.S. think tank, details how China's government plans to pump $100 billion into the Chinese semiconductor industry and restrict U.S. imports. Foreign companies that play by the rules can't compete with that kind of government intervention.
And that's to say nothing of the heavy censorship of foreign businesses like Google (GOOG) and Apple (AAPL) trying to operate in China. This spring, China shut down Apple iBooks and iTunes Movies with little explanation.
Then there are the frustrations over China's currency. Many countries believe China purposefully kept its currency, the yuan, at a very cheap level. That makes Chinese goods inexpensive for customers in the U.S., Europe, Japan and elsewhere. Trump and Clinton both want to formally label China a "currency manipulator."
This is one area where China has been showing some signs of shaping up. It has actually lifted the value of its currency in the past two years. The International Monetary Fund even says the yuan is "no longer undervalued." Still, the issue could easily come back. China just devalued its currency after Brexit.
Here is a list of ways the US can push back, along with TARIFFS:
Stop letting China invest in the U.S. unless it makes it easier for U.S. companies to set up in China
Deny China access to the U.S. banking system and/or U.S. stock market
Put sanctions on companies that have stolen U.S. technology
Refuse to give Chinese patents protection in the U.S. until China honors American patents there
Cut off scientific and other cooperation with China
Bring more World Trade Organization cases against China
Form a coalition with Europe and Japan to push back
These all sound reasonable, but attainable? I guess time will tell. As of now, all I have heard of is tariffs and banning Huawei.
I'm guessing the massage parlor pimp, Cindy Yang, figures into all of this as well considering she's accused of selling access at Mar-A-Lago. Didn't they recover a bunch of thumb-drives and spy tools from one of her associates as well?
But yea, if i'm being honest, there's nothing about your list that bothers me but good lucking forming a coalition with Europe on anything at this point -- Trump seems to have taken a wrecking ball to that alliance.
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JUST IN: Mexico's President Lopez Obrador asks Trump to have U.S. officials meet with the Mexican foreign minister in Washington on Friday to seek a solution that benefits both nations https://reut.rs/2XkynnO
Wow! That was quick!
Mexico is already begging President Trump for a meeting. This is how it's done.
:aktion033
