You Go Obama, I say put more tariffs on China

Discussion in 'Economy' started by PLYMCO_PILGRIM, Sep 12, 2009.

  1. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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  2. Oddball
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    Oddball BANNED Supporting Member

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    Dumb idea.

    The last thing our anemic economy needs right now is a trade war.

    Really dumb idea.
     
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  3. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    I understand your position but there is a reason I dont mind this one. I dont like china.

    You know that china wont let a lot of our products into their market, is making billions a month on interest from our debt which they hold, and that we import far more from them than they do from us?

    This is why i'm not worried about it hurting exports to china.....in the end we import so much more from them that it would destroy their economy to start a trade war with us. If they gave us the same access to their market as we give them to ours I would be against Obama doing this.
     
  4. Oddball
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    Oddball BANNED Supporting Member

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    The same crap was said about Japan, Hong Kong, Indonesia and Taiwan over the decades.

    How are those countries and America faring today because of that trade?
     
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  5. PLYMCO_PILGRIM
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    PLYMCO_PILGRIM Gold Member

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    I think we have good trade relations that are mutually beneficial with those countries. Japan even builds factories to produce their products inside the USA.

    China is hurting our country economically, unlike the 3 you listed.


    We just disagree here dude......but that was a good question.

    Oh and to answer it, better than we would be without the trade relations with them.
     
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  6. strollingbones
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    strollingbones Diamond Member

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    i fully support buy american....its hard to do...but i am for the tariffs..

    china holds us to the loan agreements we made .. but somehow the us continues to spend money as if it does not matter.

    if the dollar takes a hit from losing its standing as the "currency of trade" in oil..teh value of the dolllar will fall quickly on the world market...increasing our debt to china
     
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  7. strollingbones
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    strollingbones Diamond Member

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    we must re energize manufacting in america...why export raw resources to be imported as finished products?
     
  8. Kevin_Kennedy
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    Kevin_Kennedy Defend Liberty

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    Forcing consumers to pay more for a product is not beneficial, and certainly not during a recession. And Plymco, a trade-war with China will not be to our advantage over China's. By cutting us off and no longer buying our debt China would be far better off than they are now because they could then consume their own products, because by now they have to realize we're never going to be able to pay what we owe them and antagonizing them with more tariffs will just incite them even further. It wouldn't be over night but China would see a huge increase in their standard of living if they cut us off.
     
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  9. Oddball
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    Oddball BANNED Supporting Member

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    If the value of the USD falls, our debt -in terms of real value- also falls.
     
  10. eagleseven
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    eagleseven Quod Erat Demonstrandum

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    We're trade jingoists shooting ourselves in the foot to demonstrate our patriotism...

    ...and what sort of person actively seeks to piss off his loan shark?
     
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    Last edited: Sep 12, 2009

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