Import Certificates comparison to Trump's proposed tariffs

[Supposn]

Import Certificates comparison to Trump's proposed tariffs:

Within a U.S. “Import Certificates, (ICs)” policy for our international commerce, Importers of goods must surrender ICs of sufficient face values to “cover” the assessed values of goods they intend to bring into the USA. Surrendered IC are then canceled.

Exporters of goods from the USA are permitted, (they are not required) to pay the federal IC's fee rate based upon the assessed value of the goods they intend to ship from the USA. ICs of face of differing face values are only issued to exporter that paid those fee rates prior to their goods being shipped from the USA. ICs are not delivered to the exporters or to their accounts, until their goods have been shipped from the USA.

IC policy for USA' international trade would effectively hinder, if not entirely prevent annual USA trade deficits. Unless a nation had effectively “full-employment”, an annual trade deficit reduced their nations numbers of jobs and their GDPs more than otherwise. For a nation such as the United states, that experiences chronic annual trade deficits, Import Certificate policy is superior to all other alternative trade polices.

Refer to Wikipedia's “Import Certificates” article, Importcertificates - Wikipedia
Respectfully, Supposn

 

[Toddsterpatriot]

Nah.

 

[Independent thinker]

Import Certificates comparison to Trump's proposed tariffs:

Within a U.S. “Import Certificates, (ICs)” policy for our international commerce, Importers of goods must surrender ICs of sufficient face values to “cover” the assessed values of goods they intend to bring into the USA. Surrendered IC are then canceled.

Exporters of goods from the USA are permitted, (they are not required) to pay the federal IC's fee rate based upon the assessed value of the goods they intend to ship from the USA. ICs of face of differing face values are only issued to exporter that paid those fee rates prior to their goods being shipped from the USA. ICs are not delivered to the exporters or to their accounts, until their goods have been shipped from the USA.

IC policy for USA' international trade would effectively hinder, if not entirely prevent annual USA trade deficits. Unless a nation had effectively “full-employment”, an annual trade deficit reduced their nations numbers of jobs and their GDPs more than otherwise. For a nation such as the United states, that experiences chronic annual trade deficits, Import Certificate policy is superior to all other alternative trade polices.

Refer to Wikipedia's “Import Certificates” article, Importcertificates - Wikipedia
Respectfully, Supposn

What the hell are you trying to say? Just spit it out man.

 

[Toddsterpatriot]

What the hell are you trying to say? Just spit it out man.

You can't import unless you buy a certificate from an exporter.
He thinks it will help grow GDP.

 

[Independent thinker]

You can't import unless you buy a certificate from an exporter.
He thinks it will help grow GDP.

So?

He's trying to balance the trade deficit and make it so that the US is self sufficient with oil, medicines, and a number of other things and helping to grow the US workforce and US businesses, which will grow the GDP. We shouldn't have to rely on any other country for anything.

 

[Toddsterpatriot]

So?

He's trying to balance the trade deficit and make it so that the US is self sufficient with oil, medicines, and a number of other things and helping to grow the US workforce and US businesses, which will grow the GDP. We shouldn't have to rely on any other country for anything.

Yes, there are many stupid ideas out there.

 

[Independent thinker]

Yes, there are many stupid ideas out there.

You are certainly evidence of that. However, I must admit to not understanding why you want to be dependent on China for medicines, technology, and other things at the expense of US workers and businesses.

 

[Toddsterpatriot]

You are certainly evidence of that. However, I must admit to not understanding why you want to be dependent on China for medicines, technology, and other things at the expense of US workers and businesses.

I might not want to be dependent on those things either, but that doesn't make
import certificates a good idea.

 

[Independent thinker]

I might not want to be dependent on those things either, but that doesn't make
import certificates a good idea.

Well, what was working before was not working so let's give it a shot.

 

[Toddsterpatriot]

Well, what was working before was not working so let's give it a shot.

Nah.

 

[Independent thinker]

Nah.

Typical lefty. When something isn't working, you want to do more of it.

 

[Toddsterpatriot]

Typical lefty. When something isn't working, you want to do more of it.

I'm to the right of Genghis Khan.