China can export "electricity" to US and there is nothing Trump can do to prevent or tax it

Discussion in 'Economy' started by grbb, Aug 22, 2018.

  1. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    31,918
    Thanks Received:
    1,308
    Trophy Points:
    1,100
    Ratings:
    +4,369
    If tariffs are wrong approach you need to say exactly what is a right approach. Funny how you forgot to do that.
     
  2. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    31,918
    Thanks Received:
    1,308
    Trophy Points:
    1,100
    Ratings:
    +4,369
    Business failures mean nothing unless you compare them to business successes. If you end up with billions of dollars and your own jet plane that means you’ve succeeded wildly. Do you understand?
     
    • Informative Informative x 1
  3. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    31,918
    Thanks Received:
    1,308
    Trophy Points:
    1,100
    Ratings:
    +4,369
    Well Street and chamber of commerce mean nothing given that they had no idea the housing depression was right around the corner
     
  4. McRocket
    Offline

    McRocket VIP Member

    Joined:
    Apr 4, 2018
    Messages:
    1,858
    Thanks Received:
    296
    Trophy Points:
    80
    Ratings:
    +1,863
    Simple...exactly what has been going on, Chinese tariffs have come down hugely over the years...through proper diplomatic channels. And there is no reason to think that would not continue.


     
    Last edited: Aug 27, 2018
  5. bear513
    Offline

    bear513 Diamond Member

    Joined:
    Apr 21, 2012
    Messages:
    44,120
    Thanks Received:
    5,724
    Trophy Points:
    1,830
    Ratings:
    +29,158

    Glad someone knows babble here..
     
    • Thank You! Thank You! x 1
  6. McRocket
    Offline

    McRocket VIP Member

    Joined:
    Apr 4, 2018
    Messages:
    1,858
    Thanks Received:
    296
    Trophy Points:
    80
    Ratings:
    +1,863
    Apples and Oranges. Besides, show me the video where Trump called the housing crash BEFORE it started.
    But even if Trump did (which I seriously doubt), it changes nothing, History has proven that instigating a trade war for economic reasons is always negative for the instigating nation.

    And I am still waiting for your link that shows when major economic tariffs on both medium AND major economic powers worked for the tariff originator.
    I am not interested in your ideas/excuses...I want proof/evidence or your (and Trump's) words mean NOTHING.

    And you did not answer my other question...are you saying that Trump knows more than most of Wall Street and the entire U.S. Chamber of Commerce - yes or no?
     
    Last edited: Aug 27, 2018
  7. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    31,918
    Thanks Received:
    1,308
    Trophy Points:
    1,100
    Ratings:
    +4,369
    what has been going on is that we are running a $500 billion deficit with China and our workers haven’t had a pay increase in 30 years. Donald Trump is trying to correct that. You have no solution other than to hope Which is preposterous.
     
  8. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    31,918
    Thanks Received:
    1,308
    Trophy Points:
    1,100
    Ratings:
    +4,369
    I didn’t say Trump called housing crash before it started and I didn’t say you should rely on him to predict recessions. But you did say that Wall Street and the chamber of commerce know better after they utterly failed to predict housing recession. Do you understand now?
     
  9. McRocket
    Offline

    McRocket VIP Member

    Joined:
    Apr 4, 2018
    Messages:
    1,858
    Thanks Received:
    296
    Trophy Points:
    80
    Ratings:
    +1,863
    LOL...are you serious? Protecting American industries is EXACTLY why Trump started the trade war.

    Trump Says Tariffs Are Needed To Protect Vital Industries, But Are They?


    Plus, it makes NO DIFFERENCE WHATSOEVER what the point of a tariff is...they are the same thing no matter what...a tax on imports.

    They hurt the economy EXACTLY the same whatever the 'intention'.

    Are you really so clueless on this as to believe that a 25% tax on auto imports from Europe hurts an economy more if one reason is protectionism and another is free trade?
     
  10. EdwardBaiamonte
    Offline

    EdwardBaiamonte Platinum Member

    Joined:
    Nov 23, 2011
    Messages:
    31,918
    Thanks Received:
    1,308
    Trophy Points:
    1,100
    Ratings:
    +4,369
    Trumps tariffs are supposed to work by causing free trade. Do you understand what that means?
     

Share This Page