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  # 1707124 21-Jan-2017 19:56
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networkn:

 

 

 

You and I are bystanders, wringing of hands, and analysis of every wrong step he makes, is going to make the next 4 years very long. 

 

 

This is a point that you've made for the gazillion time. If you are so tired of people's views and analysis, feel free not to read them. Until the mods shut this thread down, some of us would like to continue, if your highness so pleases.

 

 

 

 


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  # 1707131 21-Jan-2017 20:05
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dejadeadnz:

 

networkn:

 

 

 

You and I are bystanders, wringing of hands, and analysis of every wrong step he makes, is going to make the next 4 years very long. 

 

 

This is a point that you've made for the gazillion time. If you are so tired of people's views and analysis, feel free not to read them. Until the mods shut this thread down, some of us would like to continue, if your highness so pleases.

 

 

 

 

 

 

C'mon please. Its a discussion thread, its long. Your highness? That I am sorry and IMHO is childish. 


 
 
 
 


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  # 1707139 21-Jan-2017 20:19
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Genuine question

 

How will putting large tariff on imported goods effect the united states. Will manufacturing return with his polices? 

 

If so obviously prices will go up due to the USA labor market being more expensive than China etc but this will also put more money into the economy. 

 

What would the break even point be?


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  # 1707141 21-Jan-2017 20:27
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Stan:

 

Genuine question

 

How will putting large tariff on imported goods effect the united states. Will manufacturing return with his polices? 

 

If so obviously prices will go up due to the USA labor market being more expensive than China etc but this will also put more money into the economy. 

 

What would the break even point be?

 

 

 

 

I am not certain of the specifics of a break even point. A fair number of economists seem to think there would be no break even.

 

I'd be surprised if these tariffs actually get done, and stay done. Secondly, I'd be surprised if that brings manufacturing back to the USA, I suspect it forces those overseas companies to explore other markets and the consequences of products being 35% more expensive, or more depending on labour costs, are people aren't going to be happy. Trumps friends who drive BMW's that are now 35% more expensive (under his proposals), I expect him to be pretty unpopular with them. Even the wealthy who can afford to pay more, likey don't want to.

 

Humans are pretty short sighted I think, they care about what affects them today


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  # 1707143 21-Jan-2017 20:29
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If Americans stop buying Chinese goods, I think there would be a lot of repercussions and consequences, and not only from China. Trump talks like it is possible for America to exist without the rest of the world. It isn't. That era is over.

 

 

 

 





I don't think there is ever a bad time to talk about how absurd war is, how old men make decisions and young people die. - George Clooney
 


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  # 1707147 21-Jan-2017 20:34
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Stan:

 

Genuine question

 

How will putting large tariff on imported goods effect the united states. Will manufacturing return with his polices? 

 

If so obviously prices will go up due to the USA labor market being more expensive than China etc but this will also put more money into the economy. 

 

What would the break even point be?

 

 

It is a GREAT idea, BUT...

 

He wants to have America make American goods. But, its economics. Some countries do it cheaper. So let them make the goods cheaper, and USA and every one else focus on their strengths. So, USA adds tariffs, so all my USA T shirts from my many trips are made in USA not Honduras, and double the price. The US citizens will, pay more. And when the US wants stuff from elsewhere, we drive a harder bargain as they cut us off. he said in his speech today that its ONLY about America. Well, he is supposed to be a supreme negotiator,

 

What works for him dealing with a puny mini millionaire land owner won't work with a trade partner


 
 
 
 


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  # 1707149 21-Jan-2017 20:38
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Rikkitic:

 

If Americans stop buying Chinese goods, I think there would be a lot of repercussions and consequences, and not only from China. Trump talks like it is possible for America to exist without the rest of the world. It isn't. That era is over.

 

 

 

 

 

 

Agree. China can do it cheaper, makes sense. I am sure the downtrodden US citizens who voted him in, and who may get tax cuts that are unaffordable, will baulk at Walmart charging prices based on US labour rate manufactured goods. 


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  # 1707152 21-Jan-2017 20:44
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Stan:

 

Genuine question

 

How will putting large tariff on imported goods effect the united states. Will manufacturing return with his polices? 

 

If so obviously prices will go up due to the USA labor market being more expensive than China etc but this will also put more money into the economy. 

 

 

 

 

 

 

You'll end up with 3 brands instead of 30 to choose from, prices will go up, the lower economic classes won't be able to afford anything, people will be unhappy.

 

 

 

But rich people, pharma and oil will be happy.


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  # 1707213 21-Jan-2017 20:55
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If Trump imposes punitive tariffs against entire countries based on his idea of perceived harm to US industry, but without evidence that those countries are "dumping" (selling below current domestic value in country of origin) then the exporting country will take action against the USA via the WTO.  

 

At that point, Trump will pull out of the WTO, as he would lose any such case.  That's because he's petulant and a bully who knows nothing about global trade but believes he's very cleverly working for US interests alone.

 

If the US pulls out of the WTO, then unless all other nations can hold it together, it will collapse.  If it collapses, then there's no international tribunal for resolving disputes on trade.

 

Unfortunately, The Trump can (without the backing of congress) impose punitive tariffs and cancel existing FTA if he feels the urge and can create a lie - something he's accustomed to do.

 

 

 

 


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  # 1707214 21-Jan-2017 20:56
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networkn:

 

Trumps friends who drive BMW's that are now 35% more expensive (under his proposals), I expect him to be pretty unpopular with them. Even the wealthy who can afford to pay more, likely don't want to.

 

 

They will all have to start driving american built X5's :D

 

 

 

networkn:

 

Humans are pretty short sighted I think, they care about what affects them today

 

 

 

 

Sad, but true.


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  # 1707219 21-Jan-2017 21:01
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tdgeek:

 

So, USA adds tariffs, so all my USA T shirts from my many trips are made in USA not Honduras, and double the price.

 

 

So, for your USA made cotton tee shirts, they're only "double the price" because of the crappy lobbying in the USA which results in massive subsidies for US cotton production.

 

They should probably be (devoid of subsidy) double-double the price.

 

The Trump's "isolationist / ultra nationalist USA" is doomed unless perhaps they reintroduce slavery.  Oh wait...


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  # 1707220 21-Jan-2017 21:04
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Fred99:

 

If Trump imposes punitive tariffs against entire countries based on his idea of perceived harm to US industry, but without evidence that those countries are "dumping" (selling below current domestic value in country of origin) then the exporting country will take action against the USA via the WTO.  

 

At that point, Trump will pull out of the WTO, as he would lose any such case.  That's because he's petulant and a bully who knows nothing about global trade but believes he's very cleverly working for US interests alone.

 

If the US pulls out of the WTO, then unless all other nations can hold it together, it will collapse.  If it collapses, then there's no international tribunal for resolving disputes on trade.

 

Unfortunately, The Trump can (without the backing of congress) impose punitive tariffs and cancel existing FTA if he feels the urge and can create a lie - something he's accustomed to do.

 

 

 

 

 

 

Surely then the other countries, will begin to deal with themselves and actually work to exclude the US? Mexico and one other country I know, cannot recall it right now are doing just that, and thats just what is known. Not a one year thing obviously, but a trend. Be good for many countries to work together


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  # 1707221 21-Jan-2017 21:05
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Fred99:

 

tdgeek:

 

So, USA adds tariffs, so all my USA T shirts from my many trips are made in USA not Honduras, and double the price.

 

 

So, for your USA made cotton tee shirts, they're only "double the price" because of the crappy lobbying in the USA which results in massive subsidies for US cotton production.

 

They should probably be (devoid of subsidy) double-double the price.

 

The Trump's "isolationist / ultra nationalist USA" is doomed unless perhaps they reintroduce slavery.  Oh wait...

 

 

 

 

OOPS, I meant made in Honduras not USA!  


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