Who will end the tariff war quagmire?

[citygator]

You mean let china continue the steal?

You wake up one day and there will be no middle class

China isnt stealing from the middle class. The rich are stealing from the middle class. But keep following their finger to who they tell you is at fault.

 

[Mac-7]

The rich are stealing from the middle class.

No, its china

When they steal US technical or trade secrets that is stealing from American workers

When china subsidizes chinese companies so that they can drive domestic companies out of business that also hurts American workers

 

[citygator]

No, its china

When they steal US technical or trade secrets that is stealing from American workers

When china subsidizes chinese companies so that they can drive domestic companies out of business that also hurts American workers

Lowes and Home Depot buy Christmas lights from China for $17 and sell them for $39.99. Last year of that $39.99 you paid, $13 went to a Chinese factory, $1.50 to international transportation companies, $1.50 to tariffs, $1 to US transportation companies, and $22 to Lowes/Home Depot a US retailer which paid $16 to their employees+rent+utilities, and then $6 (15%) was left over for US shareholders. The Chinese factors who got $13 cleared about $2.00 in profit.

So at risk is all this economic activity for the $2 that China is making on this $40 transaction. Cool.

 

[Mac-7]

The Chinese factors who got $13 cleared about $2.00 in profit.

Why do they sell it so cheap?

Because thats the price they need in order to drive American companies out of business along with sending US jobs to china