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8 registered members (imadeerhntr, Dog, auman, Booner Hunter, Skullworks, oldknight, 2 invisible),
791
guests, and 0
spiders. |
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Key:
Admin,
Global Mod,
Mod
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811390
05/20/19 02:17 PM
05/20/19 02:17 PM
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Joined: Aug 2005
Posts: 8,363
Montgomery
WmHunter
14 point
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14 point
Joined: Aug 2005
Posts: 8,363
Montgomery
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We need to stop buying all this cheap inferior crap made in China.
We need to make tariffs so high no one will be able to buy their cheap useless crap.
And we will start making our own, and wages and wealth will rise as a result.
No more $750 BILLION a year of our money going to China, it will stay here and circulate here.
"The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson
" Chuck Sykes is a dictator control freak like Vladimir Putin " WmHunter
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Re: 15 billion dollars on China tariffs
[Re: WmHunter]
#2811394
05/20/19 02:26 PM
05/20/19 02:26 PM
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Joined: Nov 2011
Posts: 21,783
USA
Remington270
Freak of Nature
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Freak of Nature
Joined: Nov 2011
Posts: 21,783
USA
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And we will start making our own, and wages and wealth will rise as a result.
I tend to agree with you, but cost of living would go way up too. Big time.
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Re: 15 billion dollars on China tariffs
[Re: Remington270]
#2811396
05/20/19 02:29 PM
05/20/19 02:29 PM
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Joined: Dec 2001
Posts: 13,907
AL
hunterbuck
Booner
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Booner
Joined: Dec 2001
Posts: 13,907
AL
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And we will start making our own, and wages and wealth will rise as a result.
I tend to agree with you, but cost of living would go way up too. Big time. Yep. Double edged sword. Wages and wealth will increase, but so will cost of goods.
"You think I care? Roll Damn Tide"
Have you tried Google?
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Re: 15 billion dollars on China tariffs
[Re: Dallas County]
#2811459
05/20/19 04:03 PM
05/20/19 04:03 PM
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Joined: Jul 2010
Posts: 9,166
B'ham
Goatkiller
14 point
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14 point
Joined: Jul 2010
Posts: 9,166
B'ham
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That's not exactly how it works on the tariff.
The importer... only some of which are U.S. based companies (who may still be owned by China, BTW), a lot of which are direct Chinese companies...
They either pay the tariff and/or cut their operating costs to remain competitive, source the product from outside China, ask China for a discount to offset the tariff, etc.
. That's exactly how it works on the tariff. The exporter doesn't pay any tariff, the importer does; all three of those options you provide do not eliminate the importer paying the tariff. That's what people don't understand. Yep... that is what I said. Only..... there is NOT a 1 to 1 relationship between the dollar amount of the tariffs and an increase in retail prices.
No government employees were harmed in the making of this mess.
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Re: 15 billion dollars on China tariffs
[Re: leroycnbucks]
#2811475
05/20/19 04:23 PM
05/20/19 04:23 PM
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Joined: Aug 2005
Posts: 8,363
Montgomery
WmHunter
14 point
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14 point
Joined: Aug 2005
Posts: 8,363
Montgomery
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The increase in national wealth vs. increase in cost for some cheap plastic crap made in China is negligible in terms of winning this trade war. It is like a 5:1 trade off. Manufacturing builds wealth. That is how China has built its wealth. How England and Europe and Japan built its wealth. And our country. We just need to get things back under the control of a fair and equal arrangement. Here is another good read on this situation: https://www.nationalreview.com/2019...omic-military-technological-superiority/
"The Tree of Liberty must be refreshed from time to time with the blood of patriots and tyrants." Thomas Jefferson
" Chuck Sykes is a dictator control freak like Vladimir Putin " WmHunter
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Re: 15 billion dollars on China tariffs
[Re: WmHunter]
#2811724
05/20/19 08:58 PM
05/20/19 08:58 PM
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Joined: Nov 2004
Posts: 14,205
Pikes Peak
JDR4Bama
Chit Show Connoisseur
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Chit Show Connoisseur
Joined: Nov 2004
Posts: 14,205
Pikes Peak
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We need to stop buying all this cheap inferior crap made in China.
We need to make tariffs so high no one will be able to buy their cheap useless crap.
And we will start making our own, and wages and wealth will rise as a result.
No more $750 BILLION a year of our money going to China, it will stay here and circulate here.
He gets it.
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Re: 15 billion dollars on China tariffs
[Re: JDR4Bama]
#2811752
05/20/19 09:27 PM
05/20/19 09:27 PM
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Joined: Dec 2015
Posts: 22,168
blount county alabama
jwalker77
Pumpkin
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Pumpkin
Joined: Dec 2015
Posts: 22,168
blount county alabama
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Many of you anticipate that we'll continue to buy from China. We buy from them because they are cheap. When they aren't, we'll find another source. Simple as that. It might be a great thing if china kept their cheap junk and the US started making some stuff for ourselves. Im sick of chinese junk, id rather pay two prices for "made in the usa" and skip having to do the job again in a month. No telling how much time ive wasted on chinese junk.
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