Trade War begins: US and China exchange $34 billion in tariffs

Discussion in 'Latest US & World News' started by Josephwalker, Jul 6, 2018.

  1. Jonsa

    Jonsa Well-Known Member Past Donor

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    Well, I do brand myself as both morally and intellectually superior to radical racist right wing facist fringers. Human nature being what it is an all. The difference is that I am not afraid to declare it, nor to declare my bigotries, nor to declare my mistakes or ignorance. Comes with intellectual integrity and a life long dedication to auto didacticism.

    If you can teach me something factual then I'm all ears, but so far your assessments of political movements and history indicates that I might be waiting for quite some time before I hear anything revelatory.
     
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  2. Baff

    Baff Well-Known Member

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    Go on then, declare your mistakes and your ignorance.
    All I've seen is you declaring everyone else's.
     
  3. Fred C Dobbs

    Fred C Dobbs Well-Known Member Past Donor

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    Just as the Socialists turned history on its ear by calling National Socialism 'Right Wing', so will they soon call Communism 'Right Wing". Of course that makes Churchill and Reagan 'Leftists'. https://www.independent.co.uk/arts-entertainment/hitler-and-the-socialist-dream-1186455.html
     
  4. Baff

    Baff Well-Known Member

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    Immigration is painted as a right wing issue, but actually the political divide is not left wing, right wing. It is upper class vs working class.
     
    Last edited: Jul 8, 2018
  5. Hoosier8

    Hoosier8 Well-Known Member Past Donor

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    Like you think of yourself but then we are used to that from the left.
     
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  6. Jonsa

    Jonsa Well-Known Member Past Donor

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    I have always maintained it isn't bragging if you do it.

    I make no excuses for my happy accident of birth. I was BORN with my intelligence. I have consciously worked hard on developing my intellect for more than four decades. OTOH, I happen to believe that all people should be judged not by the accident of the birth (color, ethnicity, intelligence, etc) but by the content of their character.

    And I happen to deem the character of those who hold the ideologies I am bigoted against to be of the lowest kind.

    So do I feel I can assert a certain moral, ethical, and intellectual superiority over those scumbags? Unequivocally.

    As to the blind partisan left, they can assert no such claim over the blind partisan right.

    But they sure as hell can when comparing themselves to either the left and right fringes.

    But I do understand why you don't take nuance with your koolaid.
     
  7. Jonsa

    Jonsa Well-Known Member Past Donor

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    My mistakes? You should look more closely. Search mea culpa under my posts. Another example would be me thinking you have anything profound to say.


    My ignorance? I often thank opposing posters for providing me with facts or information that I was unaware of. I am always challenging myself to remember what I don't know. Been doing as a fundamental part of my professional development long before Dunning & Kruger put a name to the effects of not remembering it.
     
  8. Le Chef

    Le Chef Banned at members request Donor

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    Yes. You don't think that would adversely affect the world economy?
     
  9. Jonsa

    Jonsa Well-Known Member Past Donor

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    Yeah, up the proletariat and all that class war stuff.
     
  10. Pycckia

    Pycckia Well-Known Member

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    Well then, so much the worse for capitalism.

    Automation will occur when and only when it is cheaper than moving production. And then China will automate at least as cheaply as the US and will have the expertise in manufacturing we are losing to continue economic domination

    A nation of telephone sanitizers? That is not answering the question, that is conceding defeat.
     
  11. ronv

    ronv Well-Known Member

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    People are overlooking the number of US companies operating in China. There are thousands of them. These profits are not part of the trade deficit because their products are not imported. We know about companies like GM and Apple but overlook the thousands like KFC and McDonalds.
    I expect when China runs out of tariffs to respond with they may attack these companies since they own the controlling interest.
    [​IMG]

    http://www.businessinsider.com/most-popular-fast-food-chain-in-china-kfc-photos-2018-4

    [​IMG]

    [​IMG]
    Almost every major US company has a presents in China tapping into their Yuge population.
    Most of them could be run just as easily by Chinese companies as US ones.
     
  12. Jonsa

    Jonsa Well-Known Member Past Donor

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    No its realizing the inevitable and doing something about it so ones' national security interests will still be met.
     
    Last edited: Jul 8, 2018
  13. Pycckia

    Pycckia Well-Known Member

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    Thank you for that chart. My data quit in March and missed the current spike.

    That is certainly a volatile price. The price tends to more like $700 in recent months. No doubt there is some supply/demand issue causing the volatility, but US steel makers seem to be profitable at $700. Why do you think the price will be $1000 if additional supply is brought on line, as is happening, no doubt as a consequence of the increased price which, I note, started before the tariffs.
     
    Last edited: Jul 8, 2018
  14. Pycckia

    Pycckia Well-Known Member

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    What is inevitable about industrial decline?
     
  15. SkullKrusher

    SkullKrusher Banned

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    When their KFC chicken and McD's quarterpounders double and triple in price, they will overthrow their dictatorship Communist government.
     
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  16. ronv

    ronv Well-Known Member

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    The problem we need to address is the intellectual property crimes.
     
  17. Pycckia

    Pycckia Well-Known Member

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    That is also a problem, to be sure, as the President mentioned in his State of the Union address. Much of the intellectual property is stolen when US companies shift production to China, so tariffs that make it unprofitable to do so is part of a solution.
     
  18. ronv

    ronv Well-Known Member

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    So you think they import their chickens? :roflol:

    Next, I tried the fried chicken. The breading was fairly similar to KFC fried chicken in the US, though the pieces were smaller.
    [​IMG]
     
  19. ronv

    ronv Well-Known Member

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    Wouldn't it be easier just to tell the companies they can't move it off shore or is that getting a little to Communist for you?
    I think most US companies go in there with their eyes wide open, but some things are just easy to steal.
     
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  20. Jonsa

    Jonsa Well-Known Member Past Donor

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    Nothing, that is the point. Plan to meet the challenges of the future in a transformative technological environment. We live in the now, and tend not to see the monumental leaps being made. Applied intelligently and we can have a happy and prosperous healthy planet - I know wishful altruistic wet dreams, but its nice to think about from time to time.
     
  21. Pycckia

    Pycckia Well-Known Member

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    I think it is easier to tax it via tariffs. Taxes always puts a damper on things.
     
    Last edited: Jul 8, 2018
  22. ronv

    ronv Well-Known Member

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    LOL, So it's okay to give your secrets away as long as you pay the government for it?
    Whew, can't catch my breath. :)
     
  23. Pycckia

    Pycckia Well-Known Member

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    It is not that it is OK. It is you won't do it in the first place if you have to pay to do it, just like it is not OK to park next to a fire hydrant just because you pay the parking ticket.

    But I won't insult your intelligence by pretending that you actually didn't understand my argument.
     
  24. ronv

    ronv Well-Known Member

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    Sorry, I can't get KFC out of my mind. Guess they didn't expect the Chinese to steal the Colonels recipe. :)
     
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  25. Moi621

    Moi621 Well-Known Member Past Donor

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    They could never get the Colonel's recipe correct.
    The current owners can't either.
    I remember :oldman: when it had meat and was lip smacking good.
    Before he died, the colonel dissed it and won a liable suit claiming it was
    his name and his picture regardless of the current owners.
    So they changed the name to KFC from Col Sanders Kentucky Fried Chicken.

    BTW today I find Swanson's, Hungry Man, Classic Fried Chicken the best out there.
    I mean better than grocery store or KFC or any I tried. Anyone know better?


    Moi :oldman:


    Who could possible be responsible. Oh I don't know. Could it be . . . .
    ChineseCanadian.jpg
     

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