Indeed. the tariff approach is rather short sighted. & outdated and creates more issues than it solves.
Why the arrest of a Chinese tech 'princess' will strain but likely not sever U.S.-China trade talks https://www.cbc.ca/news/world/china...445?cmp=news-digests-canada-and-world-morning
If you think $150 billion is nothing, I could use a donation. China, as you point out, has a managed import system. They don't buy anything from us they can't get elsewhere for about the same price. Half of what they sell to us is produced by US companies operating in China. So every time we add a blind tariff we are not only punishing the US consumers with increased prices, but punishing US companies by reducing income on Chinese made goods to the US. To add insult to injury if the US manufacturing companies have to pay more for their input parts from China that they use in their finished products they either stop making those products because they can't sell them to other countries or they lose more revenue. Think steel and auto electronics. If you are going to do tariffs you need to be smart about it. Not just take out the shotgun and start shooting. From the trade deficit numbers it looks like the US is still buying from China and passing that cost thru to customers..
Arrest triggers fresh doubts about Trump's ability to deliver on China deal https://www.cnn.com/2018/12/06/poli...mpaign=Feed:+rss/cnn_world+(RSS:+CNN+-+World)
It can be a national disgrace. Doesn't matter one iota. There's a lot of consumer good that simply aren't made in the USA. I don't like it anymore than you do, but if I can't find a made in USA product, or the American product is priced beyond my ability to pay, what the h*'ll am I supposed to do? Do without? I tried finding clothing made in America - either there isn't a retailer in my section of Michigan (southeast Michigan. metro Detroit) or they're way too pricey, or both. I want American made - finding it is daunting. Cars - built in USA, Canada or Mexico, I'm good with, as,our neighbors buy plant of cars and trucks built in USA, but good luck finding them from any bramd that doesn't have some Chinese sourced parts. Like iPhone - made in China. Most Apple computers? China. A lot of Android phones, China. The rest? South Korea. It's a disgrace, but it's highly unlikely to ever change.
That is not the point. Manufacturing companies cannot be competitive due in part because of high wages and benefits. Their product will be too expensive for them to make a profit. If they can't make a profit, they will not be able to pay their bills and they will move or close. This is simply a fact. They can't give what they don't have.
Manufacturing in America can make money if we prevent cheap competition from china Do you expect Americans to work for as little as a chinese or indiian?
Are you in favor of preventing all foreign companies from competing in the U.S because that is what it is going to take. People will buy fewer products and those products will be poorly made as they were in the 1960s when foreign competition was slim or none, worker strikes were guaranteed every 3 years and factories either closed or moved. Again, history repeats itself. As it is, manufacturers are turning to robotics due to high labor and benefit costs.
So you are happy paying slave labor in china to make our products for us and at the same time pay Americans on welfare to sit around and produce more Americans? As for your fallback excuse of robots if they are the future I want the robots designed and buikt in America not china
Jus5 what we are doing Impose tariffs on chinese products and encourage American companies not to defect to communist china
I have news for you - Chinese manufacturers are increading the use of robotics, to hold down labor costs as workers seek higher wagers, and to increase quality. As far as robotics in American manufacturing, you are way behind the times. Robots have been heavily in use in all aspects of American manufacturing for decades, and there are no Chinese robotics manufacturers in this market that I'm aware of. In fact, for the auto industry, be it the Detroit Three or the transplants, most, if not all of the production line and paint line robots, are designed in Southeast Michigan, and built in the United States and Canada.
I know we have robots in use here But liberals seem to prefer the production be in china whether they use robots or slave labor Whereas trump voters wnat the production and jobs to be in America instead
The idea that liberals prefer production in China, is not only without basis, it's just plain absurd.
The left opposes efforts to keep or bring back jobs to America Is it only a knee-jerk reaction to trump voters rather than sincere economic misunderstanding?
That will only last till the liberal globalist CEO of the company decides that producing the robots in china will be cheaper
That will never happen. There is too much testing needed with assembly robots to have them made in China, then installed in the USA. European automakers buy their robotics from companies in Europe, China gets theirs from Japanese companies. And again, the idea that liberals would favor moving production to low ware sources is just some much bull****. You can, and will, never redefine what liberal attitudes are. Labor unions are, with very few exceptions, liberal in their politics and they ALWAYS oppose outsourcing production of ANYTHING to low wage countries.
Again, bull. A major component of the political left are labor unions and they always, every single day of the year, work to bring production back to the USA.