U.S. Exports Climb To New Record

[Flopper]

China is leveraged out the wazoo and capital flight is really taking off so the trade war there won't last more than 90 days without serious brain drain to mostly Canada.

The US will not win the trade war because there are no real winners. It won't create jobs. It'll raise prices, and it will have a potential impact on our export business. Trump's isolationist trade policy does not take into account that every trade barrier created by the US creates an equal an opposite reaction by our trading partners, which is also what American lawmakers ignored during the Great Depression.

If you went down Wall Street today and asked who is not adversely effected by tariffs on Chinese imports, Mexican imports, Canada imports, and UK imports, all which are putting tariffs on US exports. The answer would be none.

At an estimated 4 GDPs of debt in China I find your argument implausible.

This is not a zero sum game. The most efficient producers are penalizes by tariffs and less efficient are rewarded. For example steel and aluminium producers in China that are producing better products for the price are hurting less efficient producers in the US so we penalize the Chinese producers with tariffs and thus reward the US producers. China responds by putting tariffs on US soybean producers , know the world over for high quality beans, at low prices thus penalizing US soybean producers and in so doing rewards Chinese producers who produce an inferior produce for the price. It's classic government inference in the free markets and everybody loses in long run.

Getting capital for nothing and import restrictions and tariffs for free is efficient?

I said an efficient producer, one that provide a good quality product at a low cost.

 

[william the wie]

Then you are not talking about China doing a better economic job. Even the EU has a low-grade trade war going with China over dumping and non-tariff barriers. If you want to know how bad it is the Bloomberg Asian market opens will give you chapter and verse Sunday through Thursday just program to save. It is an eye-opener. Even Vietnam and Laos are cooperating with the EU on the dumping and money laundering case. That particular case isn't covered every week much less daily still some country in Westpac has some new economic dispute or land purchase at least once week.

 

[Supposn]

Change you can believe in.

U.S. Exports Climb To New Record.

it's the net balance of trade that's consequential. Only considering one of the two major components, (i.e. only imports or only exports) is to not consider what is of consequence and to be relied upon.

Deliberately mentioning only one, and not directly or indirectly mentioning and considering both imports and exports, would be an act of duplicity; (lying by omission).

USA continues to experience chronic annual trade deficits. They're net detrimental to our GDP and drag upon our numbers of jobs. An annual trade deficit indicates the nation has consumed more products than it has produced.

Respectfully, Supposn

 

[Supposn]

It's not yet great proportional change and not yet continued for a significant duration of time.
Refer to Trade Balance: Goods and Services, Balance of Payments Basis
Respectfully, Supposn

Change you can believe in.

U.S. Exports Climb To New Record.

it's the net balance of trade that's consequential. Only considering one of the two major components, (i.e. only imports or only exports) is to not consider what is of consequence and to be relied upon.

Deliberately mentioning only one, and not directly or indirectly mentioning and considering both imports and exports, would be an act of duplicity; (lying by omission).

USA continues to experience chronic annual trade deficits. They're net detrimental to our GDP and drag upon our numbers of jobs. An annual trade deficit indicates the nation has consumed more products than it has produced.

Respectfully, Supposn

 

[Picaro]

Meanwhile, agricultural futures are collapsing in response to Trump’s Trade Taxes, hurting his base in the heartland.

Workers far outnumber farmers by many millions of votes, most of whom are fake farmers and just want subsidies for playing 'Country Squire' and their hobby horses. The big AG companies supply most of our food. Cheap food is good.