Among credible economists that are proponents of pure free-trade, do many of them also contend annual trade deficits are not net detrimental to their nation's economy?
A trade deficit nation's net expenditures for consumption and production exceeded the value of all they produced; (the nation...
United States Innovation and Competition Act:
I'm among the proponents of the improved Import certificate policy described in Wikipedia's “Import Certificates” article.
Regarding the Senates' bipartisan passed Chips act, I won't speculate if Import Certificate policy were currently in effect...
One morning, not so long ago, I woke up thinking about Strawberry Fields by the Beatles. I wondered if Strawberry Fields was actually about a battlefield. So I started looking up Strawberry Field battlefield and then I came across a little Polish town called Sokolka in the strawberry belt of...
The Pain is coming. Another Democrat Politician has thrown in the towel on The Democrat Party and is switching sides. And yes, it is over impeachment but more importantly, he is doing it FOR PRESIDENT TRUMPS POLICIES which are helping Black Americans more than any other president's policies...
China is feeling the pain as the continued trade war with the USA looms on. Trump has the red empire by the throat slowly cutting off its air and all he needs to do now is stay the pressure because sooner or later, Xi Jingping is going to cry uncle despite his pride because he needs us more...
Most favored nation and retaliation:
I'm a proponent of USA adhering to a policy of “most favored nation” even if no formal agreement exists between us and the nonbelligerent nations.
During our history, we often had severe political differences among ourselves but we strived not to...
Let me tell you how this is working and how it should work.
First, let's agree on the facts.
China steals from everyone. Every country they trade with, they steal secrets from and they trade unfairly.
So what is the most obvious way to beat back China?
Think about it.
Think about...
How do we endure a president like this? First he gets along with Russia, both commanding greater respect, lashing harsher sanctions on them while simultaneously trying to smooth relations. Likewise might similarly be said about Little Kim of North Korea. All is not perfect, but better. Now...
Buy American? Australian beef 27%, Canadian wheat 14%——CHEAPER!!!!
I was just reading about the new trans Pacific treaty that’s been signed between Japan and Australia and Canada and other countries and they left out America.
The only reason this hasn’t been in the news is because everybody is...
Tariffs:
A nation’s government levies tariffs for one or more of these purposes:
(1) To defend jobs or enterprises of the tariff imposing nation.
(2) to increase the government’s tax revenues.
(3) To reduce the trade deficits between one or more foreign nation’s with regard to...
I'm guessing because of all the damage they've caused.
Trump ran on no tax cuts for billionaires. How'd that work out?
Dairy Farmers going under.
Soy Farmers going under.
Millions losing healthcare.
Increasing wage gap.
The US is no longer the leader of the free world.
More jobs, sure...
Love him or hate him, you’ve got to hand it to Donald Trump. His trade and tariff strategy — risky as it is — seems to be working. The master negotiator is hammering out agreements — first with the Europeans and now with Mexico, much to the chagrin of his opponents — that are better deals for...
The costs and benefits of producing or importing:
The expenditure formula itself only reduces or increases GDP by the nation's net trade balance which is based upon the price value of globally traded products. But there's often additional production supporting goods and services that are not...
So right not, I'm watching Fox Business News with Maria Bartiromo and she is talking with Fox experts and they are discussing the economy. It's on right now.
They said the economy is strong because of the Tax cuts and the deregulation. But it will slow down in 2020 because of three factors...
Blaming this USA plant's closing on Trump's tariffs is a lie.
Element Electronics company is obviously lying.
If the USA levies tariffs upon components, I would suppose and expect we would do so upon similar imported components and finished products from all foreign nations. USA producers are...
Balances of trade understate their effects upon their nation's domestic production.
Nation's balances of international trade are determined by the total net prices of their globally traded goods and service products which contribute to trade surplus nations' and reduce trade deficit nations'...
A trade deficit indicates the nation consumed more than it produced.
A trade deficit indicates the nation consumed more than it produced. Annual trade deficits are always net detrimental to their nation's GDP and thus to their numbers of jobs.
I'm among the proponents of the improved trade...
Trump to Trudeau: 'Didn't you guys burn down the White House?'
Trump says the tariffs are a matter of national security, something Trudeau reportedly contested during the phone call, sources familiar with the discussion told CNN.
"Didn't you guys burn down the White House?" Trump reportedly...
To look over this forum, you would think things were going bad for Trump, us and the economy, there are no less than at least six threads expounding the miserable failure of Trump policies, except apparently, they are all lying!
What will it mean to the Big Blue Wave of Democrats when the...
Retaliation within global trade:
(I'm among the proponents for USA adopting the unilateral Wikipedia described “Import Certificates” trade policy).
USA should not seek to harm other nations, but we should not refrain from protecting ourselves because nations exporting to us will consider our...
USA's trade agreements are all subject to modification or termination:
All of USA's international trade agreements have clauses for mutually agreed upon modifications, and for individual nation's unilateral resigning from the agreement if mutually agreed upon modifications cannot be achieved...
USA's trade deficits of goods and costs per units:
“Economies of scale” are particularly higher within mass produced or mass delivery of goods and services. Due to foreign producers of less expensive steel, USA's production of steel had to be reduced, further increasing the cost per ton of USA...
Of course Trump knows he’s lying about Canada trade
Everyone in the media is giddy about President Donald Trump’s admission that he made up a “fact” that the United States has a trade deficit with Canada without checking the real facts, which show otherwise.
Trump doesn’t care what the...
he just fullfilled another campaign promise!
https://www.washingtonpost.com/news/business/wp/2018/02/28/white-house-planning-major-announcement-thursday-on-steel-and-aluminum-imports/?tid=ss_tw&utm_term=.901513c38611
Ambition, fear, and greed are the 3 core values that every American office is proud to have. Very different from the pre 2009 world. Now the goal is the so called "fuck you money". This term was coined on Wall Street, where the best connected traders distinguish themselves with such a cash...
The full press release is here-> The Panhandle Import Reduction Initiative (PIRI) Calls for New White House Policy: Unfair Trade Endangers U.S. Oil Industry Too
AMARILLO, Texas--(BUSINESS WIRE)--In a letter directed to the President of the United States and received by the White House, the...
How trade deficits reduce their nation’s annual GDPs and numbers of jobs.
Products imported from lesser wage nations, more than otherwise drags upon the importing nations’ GDPs and numbers of jobs.
Within USA’s market places, many types of goods that were previously produced in the USA are...
Import Certificates Vs. Tariffs:
I’m a proponent of USA could adopt an Import Tariff policy as described in the Wikipedia article entitled “Import Certificates”.
Refer to:
https://en.wikipedia.org/wiki/Import_certificates
The subject of tariffs often arises within discussions of Import...
Donald Trump constantly criticizes NAFTA, calling it "the worst trade deal ever" and claiming that it "has destroyed our country" and promises to withdraw from it if he is elected President.
Do the facts of NAFTA actually justify this rhetoric?
The link below contains some facts about the...
USA’s chronic trade deficits.
Annual trade deficits are ALWAYS immediately detrimental to their nations’ economies.
There are only two presidential candidates that do actually reject and/or effectively avoid giving any credence to the problem of USA’s chronic global annual trade deficits...
Time an time again, I encounter folks who assert that manufacturing jobs being "shipped" abroad is bad for the U.S., at least to the extent that the manufacturers are American companies. I would rather that American manufacturers produce their goods domestically, but I don't really have a...