Tit-for-tat: World responds to Trump's tariffs with levies on US goods

Discussion in 'Latest US & World News' started by Fallen, Jun 21, 2018.

  1. Jonsa

    Jonsa Well-Known Member Past Donor

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    Yeah right. Enemies of America.

    As for helping make america great, why is it that all you MAGA trumpettes have NO FRIGGIN CLUE what made America great in the first place.

    But feel free to continue to exhibit how ill informed your opinions are.

    And you don't fool me. You know exactly what a friggin fascist is, aside from being a scumbag that is, and it ain't the EU.
     
  2. Giftedone

    Giftedone Well-Known Member Past Donor

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    Who ever drew that line on the chart is mathematically challenged = Fake news.

    While the data may have come from noaa - the line did not ;) Further - counting the number of hurricanes makes no accounting for the intensity of those hurricanes.
     
  3. Mac-7

    Mac-7 Banned

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    You have me xixed up with someone else

    That was not me
     
  4. XploreR

    XploreR Well-Known Member

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    Cooperation is ALWAYS better than competition. With the global economy we worked cooperatively with other countries to the benefit of all concerned. Trump's unnecessary tariffs will cause much pain for us and the world. It's a stupid move on Trump's part. Prices here in the U.S. on nearly everything will go up. How's that helping America or Americans?
     
  5. Baff

    Baff Well-Known Member

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    If a trade war is won, prices will go down.

    America is in an unbeatable position. It will win any trade war it enters.


    Prices will not go down without a fight however.
    Your competition is in competition with you.

    Your co-operation, has not been as reciprocated as it could have been

    You aren't European or you would know better. I am, which is why I do.
    The EU is overtly anti American.

    A Fascist is a historical Socialist from Europe. The home of Socialism.
    They tried to unite Europe under their rule.

    They were a very popular and mainstream European political movement with global ambition.


    The EU, is the home of Fascism.
    It is their history but not mine. Their culture and their roots, but not mine.
     
    Last edited: Jul 2, 2018
  6. s002wjh

    s002wjh Well-Known Member

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    you do know washing machine price jump 17% after the steel & alum tariff. tariff is tax on consumer
     
  7. Baff

    Baff Well-Known Member

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    I find it quite laughable to hear the EU being described as America's allies.

    Since when?
    In what war did they ally with you?
     
  8. Baff

    Baff Well-Known Member

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    Yes.

    So now you have an opportunity to capitalise on the increased price of foreign goods.
    Start making cheaper washing machines,.

    If you desperately want to fail, you will.
     
  9. Jonsa

    Jonsa Well-Known Member Past Donor

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    Cracker Jack U economics.

    No, america is not in an unbeatable position. But I get that a Pyrrhic victory is still counted as a victory by the least maimed.



    Oh please. It is overtly anti-Trump and the position is merited. There are always disputes amongst friends and family, but throwing punches at the family holiday dinner is a stupid juvenile thing to do.


    Yes, europe is also the home of democracy and communism in addition to fascism and anarchism. Glad you are at least familiar with history.
     
  10. Baff

    Baff Well-Known Member

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    How so?
    I need a good laugh, please explain to us all how the EU will defeat the US in a trade war.


    Europe is the home of democracy.
    The EU however is not democratic. It is anti democratic.
    I am familiar with it's history. Are you?

    The EU is anti Trump but it's anti americanism didn't start with Trump's election.
    It started with WW2.

    I get that anyone who is anti Trump is your ally, but that simplistic approach would also ally you with Kim Jong Il. Putin, Bashar Al Assad and ISIS.


    Hitler was welcomed into neighbouring countries in the same way. He was the enemy of their domestic political rivals so half of Europe embraced fascism. Just as you have. That's how it spread.
     
    Last edited: Jul 2, 2018
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  11. Jonsa

    Jonsa Well-Known Member Past Donor

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    Yeah, with steel that costs 50% more. You understand how capitalism works. Domestic market protectionism ain't capitalism.
     
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  12. s002wjh

    s002wjh Well-Known Member

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    why I say washing machine I mean all including US made one. whirlpool increase its price by 17% due to steel tariff. also domestic steel jack up their price as well capitalism at its finest

    https://www.consumerreports.org/prices-price-comparison/washing-machine-prices-starting-to-rise/
     
    Last edited: Jul 2, 2018
  13. Baff

    Baff Well-Known Member

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    The nations economy is somewhat greater than the washing machine sales.

    You can reasonably expect other domestic industries to have done better.
    US Steel and Aluminium being the most obvious examples.


    Yes you will be able to find examples of losers, but equally, you will be able to find examples of winners.

    If the foriegn made components for US made washing machines now cost more, you now have the opportunity to make them for less than your foreign rivals.
    Over time, this is exactly what you should expect to occur.

    If domestic producers have increased their prices, that leaves opportunity in the market for you to undercut them.

    If you wish to fail, you will.
     
    Last edited: Jul 2, 2018
  14. s002wjh

    s002wjh Well-Known Member

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    they are not raising production due to higher cost. you need learn econ 101, supply and demand. higher cost less demand. also it lower the competitiveness of exporting.
     
  15. Baff

    Baff Well-Known Member

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    Not... yet.

    But they will.

    If they have inflated their prices, once a new cheaper supply train is established a rival will undercut them.

    This will not occur the instant tariffs are imposed but instead the tariffs will provide impetus, set up the market conditions for this to occur through the process of market competition.


    Exporting overall is not an issue.
    Because of the trade deficit, if America ceases all imports and exports entirely, the country is richer in aggregate. And this is why America cannot lose a trade war, because it is a net importer.

    In specific examples however there will be winners and losers.
     
    Last edited: Jul 2, 2018
  16. s002wjh

    s002wjh Well-Known Member

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    where you get cheaper supply chain domestically. there is a reason multiple vendors selling at the same price because they can maximize profit. They do this by negoaiting with each other on a set price.
     
  17. Baff

    Baff Well-Known Member

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    Then set up your own and clean up.
    You have identified the opportunity. Take it.


    If failure is your goal, you will achieve it easily.
     
    Last edited: Jul 2, 2018
  18. Jonsa

    Jonsa Well-Known Member Past Donor

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    The EU is democratic. Its a supranational parliamentary system. But I get you are a nationalist on the "populist" band wagon and that nonsense is just one small part of the party line.

    Your projection onto anti-trumpers is also right out of the play book. Its classic bullshit flinging in an attempt at obscuring the facts and the stark reality of the matter at hand.

    Some of us weren't born yesterday.
     
  19. Jonsa

    Jonsa Well-Known Member Past Donor

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    Domestic producers have to raise their prices because their COGs have increased dramatically. With higher domestic raw material, energy and labor costs, consumer prices go up, domestic markets shrink and capital becomes harder to access.

    Gee who knew economics was so complicated. Make, buy and sell - what could be simpler?
     
  20. Baff

    Baff Well-Known Member

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    Populist = democratic winner.

    Nationalist = smaller nation than the EU is trying to be.

    My country consistently voted not to join the EU.
    and then joined.

    This is the antithesis of democracy.

    Since then it has consistently voted to leave, And is still a member.


    This is the antithesis of democracy. It is fascism.

    It has parliamentry system that has no legislative power.
    We elected to leave the EU through the EU parliamentry system. It has not occured.

    It is a sham democracy.
    Unelected people run the EU.

    Those are your bumchums and allies. The Fascists.
    It is not lost on the people of this country that the US Democrat party conspired against the people of this country to keep them in the EU against their wishes. That they allied with fascism and tyranny to remove our freedom and liberty.

    Just one voice in America supported democracy here.
    Donald Trump.
    The rest of you? Fascists.
    Lefty tyrants who would rule us all.
     
    Last edited: Jul 2, 2018
  21. Baff

    Baff Well-Known Member

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    Consumer wages also go up.
    Tax revenues also go up.
    Supply trains become shorter.
    Domestic demand remains the same.
    Domestic supply increases to meet that unmet demand.
    Domestic production grows.
    Capital access remains the same.
     
    Last edited: Jul 2, 2018
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  22. Jonsa

    Jonsa Well-Known Member Past Donor

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    Like I said cracker jack economics.


    ever heard of a little thing called inflation?

    Domestic supply cannot increase to meet unmet demand. It can't even meet current total domestic demand.

    Overall Exports and Imports for United States 2016
    • The total value of exports (FOB) is US$ 1,450,457 million.
    • The total value of imports (CIF) is US$ 2,248,209 million.
    • At the HS6 digit level, 4,563 products are exported to 223 countries and 4,558 products are imported from 220 countries.

    There's a reason America is the largest $$ consumer market on the planet.

    But I get why simple minded "solutions" to complex multi national interdependent issues is appealing to the rrrwf.
     
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  23. Baff

    Baff Well-Known Member

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    Of course domestic supply can increase to meet demand.
    America has immense natural resources.
    That is why it is the worlds richest nation. That is why it can afford to be the worlds greatest consumers.

    What is it that exists that America is not able to produce?

    The country has resources, man power and know how. It also has highly developed infrastructure and is the worlds centre for raising capital.

    80% of America's economy is domestic. It could even easily survive quite without the extra 20%.

    Americans can produce their own Iphones if they wish. Perfectly possible.

    If you don't want to buy American, don't want to stand in solidarity with your own countrymen, just pay a little more tax. No problem.
    Luxuries cost a bit extra. Big deal.
     
    Last edited: Jul 2, 2018
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  24. Jonsa

    Jonsa Well-Known Member Past Donor

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    And black is white and truth is lies. Kinda like an ideological version of that great Cheyenne "Little Horse".
     
  25. Baff

    Baff Well-Known Member

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    Jibber jabber.
     

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