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Author Topic: Trade war with China..  (Read 20070 times)

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Offline hmgROCK

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Re: Trade war with China..
« Reply #15 on: August 28, 2019, 11:24:55 AM »
You mean like the farmers and their subsidies? Look at how it's working for them. Welfare only sounds bad if and when people want it to it appears.

China has a bigger economy and has more goods to export. Their manufacturing cost is less.

The US has less to export and their manufacturing cost is much higher.

Tariffs aren't going to solve this problem. We need China more than China needs us. Unless you're talking about debt. They hold $1.2 trillion dollars of it and could definitely use it in an all out trade war.

it's about being fair

china charges 25% tax on import car
USA does 2.5% tax on import car

it's all about being fair man



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Offline Gucci K

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Re: Trade war with China..
« Reply #16 on: August 28, 2019, 12:15:28 PM »
You mean like the farmers and their subsidies? Look at how it's working for them. Welfare only sounds bad if and when people want it to it appears.

China has a bigger economy and has more goods to export. Their manufacturing cost is less.

The US has less to export and their manufacturing cost is much higher.

Tariffs aren't going to solve this problem. We need China more than China needs us. Unless you're talking about debt. They hold $1.2 trillion dollars of it and could definitely use it in an all out trade war.
china is putting tariffs on our agricultural and farming because that is one their biggest imports (reason being is that our food products from crops to meat are FDA/USDA approved. due to our strict guidelines, they know they're getting good quality food).  china is merely playing tit for tat, they know if we ban food exports to china, they will be eating their own poisonous foods (abundant of swine flu, high concentration of chemically induced vegetables, polluted waters and etc).

and you're exactly right, china has bigger economy and more goods to export (thanks to america)...however, if we're not buying, they will be the one who's hurting.  we import about $550 billion of china's goods, while they're importing $180 billion from the US...that is about $370 billion in deficit.  if we shift our demands to vietnam, mexico, india and other countries (similar in cheap labors and cost effective products), plus creating our own companies, due to demands...chin a is going to be in a world of hurt, and you know...they are not going to let other countries take our business away.

china NEEDS us to buy their products!



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Offline lexicon

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Re: Trade war with China..
« Reply #17 on: August 28, 2019, 01:26:09 PM »
That would work in theory, IF, domestic production cost wasn't so much higher.

Companies are less likely to produce goods domestically at a higher cost and eat the loss when sold on the market. Consumers will bear that cost in the end. Until business owners are willing, this isn't the answer.

If you think welfare was bad, just you wait...



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Offline theking

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Re: Trade war with China..
« Reply #18 on: August 28, 2019, 05:40:35 PM »
we know know you love sucking it! ha!

Explains why hmgROCK posted that intimate photo of him plugging you from behind in a sit down position... ;D



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Offline nightrider

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Re: Trade war with China..
« Reply #19 on: August 28, 2019, 07:36:10 PM »
ZDN,
Sure, China wants and needs to be able to sell their junks to US consumers. But it's really the US that needs China more than China needs the US. We want in on their markets as well, knowing full well that China will become the worlds biggest consumer in the near future. All I can say is I rather buy a $3-4 windshield wiper made in China than a windshield wiper made here that sells for $50 a pair.

Apparently, goods aren't going up high enough. Should push for more tariffs. O0



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Offline hmgROCK

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Re: Trade war with China..
« Reply #20 on: August 28, 2019, 11:26:50 PM »
ain't fair man

when you got china charging you 25% tax
and you only doing 2% tax

i agree with trump
need a fair playing ground



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Offline Gucci K

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Re: Trade war with China..
« Reply #21 on: August 29, 2019, 08:37:57 AM »
ZDN,
Sure, China wants and needs to be able to sell their junks to US consumers. But it's really the US that needs China more than China needs the US. We want in on their markets as well, knowing full well that China will become the worlds biggest consumer in the near future. All I can say is I rather buy a $3-4 windshield wiper made in China than a windshield wiper made here that sells for $50 a pair.

Apparently, goods aren't going up high enough. Should push for more tariffs. O0
the purpose of putting tariffs on china is to make their "junk" equal amount to a domestic product?  their $3-$4 dollar wiper costing as much as a $50 domestic wiper.  china knows this, americans will be buying american products because of quality and of loyalty.  they can't afford anymore tariffs or their billions of junk will be going back to china.

china is a scandalous country, one can't operate a business without disclosing their trade secrets...they've invested in US companies and stole patents and internal trade secrets.  that is how they operate. why do you think there are so many fake products (electronics, iphones, shoes, clothing, brand name items and etc) in china? 

China does not care to be the biggest consumer...the y want total domination (power) in economics, politics, money, and market.  they understand, when you control what people need, making your money more valuable than gold and when you're a life time leader...you can rule the world.  China has this in plan for years...and trump is the only guy to put a stop in their tracks.




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Offline YAX

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Re: Trade war with China..
« Reply #22 on: August 29, 2019, 09:22:43 AM »
basically, make our consumers pay more if they buy stuff made in China.   How does that help us again?

Oh Wait.. It makes it harder for Trump's base to buy them MAGA hats because the prices will go up.  ;D



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Offline Gucci K

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Re: Trade war with China..
« Reply #23 on: August 29, 2019, 12:07:36 PM »
basically, make our consumers pay more if they buy stuff made in China.   How does that help us again?

Oh Wait.. It makes it harder for Trump's base to buy them MAGA hats because the prices will go up.  ;D
exactly...that's what tariffs will do, making chinese "junks" as competitive as domestic products.  when we invest in our own products, we will enrich our companies, instead of a foreign company that hardly pays any taxes on their good.  china has been grossly rich because we're all buying their cheap (as in poor quality) products. 

just found this unbiased video to help explain the trade war between US and China:  https://www.youtube.com/watch?v=DxN12jzHrqI



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Offline nightrider

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Re: Trade war with China..
« Reply #24 on: August 30, 2019, 08:30:51 PM »
I don't think ZDN and hmRock understands trade very well. :2funny:

For 30yrs, America hasn't been very competitive. Most USA companies outsource jobs and products over to China and elsewhere to save cost and earn maximum profits for their company by selling their products right back at us. This has become the norm in all US companies. You want to do business, you adhere to the Countries rules. It's the same thing here in the US. Now you're saying that China isn't playing fair and America is? From what I can make from you two is that you don't  care about what the US stands for. You don't give a rats arse about free trade. Now that's what Trump camps believe,"I don't give a f'k..." This thinking only serves to undermine US influence and position in the world.

And about tariffs, why do you care so much about it, if we have to pay 15% more it's fine. I'm not buying anything anyways because America can't produce shit any ways. As for the Chinese, their citizen will have to pay 25% more for US goods, it actually works better for them than us. Ultimately, the loser will be the US. Because our industries here are so f'ked up can't be geared up  fast enough to produce goods anymore.



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Offline YAX

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Re: Trade war with China..
« Reply #25 on: August 30, 2019, 09:17:39 PM »
Here’s how Republican logic works..

Republicans: we want Free Trade!!
Trump:  we want tarriffs!!
Republicans: we want tarriffs!!



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Offline Gucci K

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Re: Trade war with China..
« Reply #26 on: September 04, 2019, 09:26:23 AM »
I don't think ZDN and hmRock understands trade very well. :2funny:

For 30yrs, America hasn't been very competitive. Most USA companies outsource jobs and products over to China and elsewhere to save cost and earn maximum profits for their company by selling their products right back at us. This has become the norm in all US companies. You want to do business, you adhere to the Countries rules. It's the same thing here in the US. Now you're saying that China isn't playing fair and America is? From what I can make from you two is that you don't  care about what the US stands for. You don't give a rats arse about free trade. Now that's what Trump camps believe,"I don't give a f'k..." This thinking only serves to undermine US influence and position in the world.

And about tariffs, why do you care so much about it, if we have to pay 15% more it's fine. I'm not buying anything anyways because America can't produce shit any ways. As for the Chinese, their citizen will have to pay 25% more for US goods, it actually works better for them than us. Ultimately, the loser will be the US. Because our industries here are so f'ked up can't be geared up  fast enough to produce goods anymore.
how is it free trade when i'm buying more stuff from you and you barely buy anything from me ($500 billion vs $200 billion).  we've made china richer in less than 10 years...exampl es: shenzhen, what used to be a run down "ghetto city"..now, a modernized tech megacity with tall skyscrapers, mega malls, new constructions and infrastructure s...beijing is no exception...ho ng kong is ranked among the highest billionaires per capita.  don't forget china's massive expansion into sea ports and railways.  all of this is possible due to the dollar bill.  imagine how much i would get back if i taxed you 25% on your $500 billion...that's going to even out our playing field.

china does not believe in free nor fair trade, all they care about is producing mass quantity of products that are cheap (not to mention poor quality).  they will steal your trade secrets, patents and ideas, just for doing business with them. 

the fact that you support china shows more about your stance on america.



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Offline hmgROCK

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Re: Trade war with China..
« Reply #27 on: September 04, 2019, 09:43:23 AM »
I don't think ZDN and hmRock understands trade very well. :2funny:

And about tariffs, why do you care so much about it, if we have to pay 15% more it's fine. I'm not buying anything anyways because America can't produce shit any ways. As for the Chinese, their citizen will have to pay 25% more for US goods, it actually works better for them than us. Ultimately, the loser will be the US. Because our industries here are so f'ked up can't be geared up  fast enough to produce goods anymore.

it's about being fair
china charges 25% tax on import car
USA does 2.5% on import

company have to built their factory in china to avoid the 25% TAX




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Offline YAX

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Re: Trade war with China..
« Reply #28 on: September 04, 2019, 11:12:24 AM »
it's about being fair
china charges 25% tax on import car
USA does 2.5% on import

company have to built their factory in china to avoid the 25% TAX


So, what you guys are saying is that, since China decided to tax their people 25% on import goods, US has to tax our people that amount too?  That's what you're basically saying there.  Why should US citizens have to pay more for products we're purchasing, just because China decided that it was a good idea make their people pay more?  What kind of backwards logic would make you think, people don't benefit from FREE trade?



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Offline hmgROCK

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Re: Trade war with China..
« Reply #29 on: September 04, 2019, 11:47:15 AM »
So, what you guys are saying is that, since China decided to tax their people 25% on import goods, US has to tax our people that amount too?  That's what you're basically saying there.  Why should US citizens have to pay more for products we're purchasing, just because China decided that it was a good idea make their people pay more?  What kind of backwards logic would make you think, people don't benefit from FREE trade?

if you are a business man
and you want to sell your stuff to china
but don't want to pay 25% tax to china
than you have to built your factory in china so you avoid the import tax

tesla gigafactory 3
gotta know how to play the game



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