Trump slaps hefty tariffs on solar panels, washing machines

Dude, I'm doing graduate coursework in economics. And you ignored the dead weight loss part. Trade creates wealth. We've known that at least since Adam Smith.

 

exactly, American corps can't compete without tariffs without American employees suffering - time to bring the jobs back home

 

Sarah Sanders and Director Cohn (who by the way is a Democrat, former head of a huge financial institution) and McMasters went over this for the Democratic party press in the audience. They seem to hate all acts by Trump.

https://www.pbs.org/newshour/politi...e-may-address-immigration-debate-russia-probe

 

that could be why he did it, but when he sees the support he gets form outside his base, he may do it full scale - all product should have a tariff with things like oil getting an exception

also need laws to stop foreign outsourcing, make a law that only Americans can access Americans accounts or personal information or something - it is a national security risk for our corps to outsource everything to India and the Philippians, ect...

 

If China values the American market, they will commence production in US factories.

 

Then maybe he'll cut middle class $80k - $200k taxes down to 20%....And make up the difference in tariffs. Better yet, shut down the IRS and get rid of income tax altogether. If he does that, I'll vote for him. So far, all he's done is the typical GOP giveaway to billionaires, trust fund brats and tax dodging international corporations.

 

They are adding about one soccer field's area of solar generation per HOUR. They are committed to clean energy, not just solar. They are the world's leader in wind technology.

You can't use their current energy production mix as a guide to their investment or direction.

Obviously, they have to meet the demands of their growth rate and are using every means in doing so - including coal!! That doesn't mean coal is their direction.

 

I posted another thread on this. Here is what I wrote:

http://www.businessinsider.com/the-...aps-30-tariff-on-imported-solar-panels-2018-1

Trump administration slaps steep tariffs on imported washing machines and solar panels

A 30% import tax on solar panels and 20% on dishwashers. The first 2.5 GW are exempt.

Now, it would be foolish to assume that this is not a direct attempt to hurt the solar industry. Solar panels made in the US can't compete with China? The solution? Slap on a tariff to make solar non-competitive all together and kill the US solar market. If you want solar installed on your house, you'll probably see a steep price increase.

Of course, what this will be doing is to cement the US backward slide into the old energy model, while other nations with more vision expand into renewable energy sectors. When fossils will experience another price jump (and they will with the world economy picking up), these other countries will be very happy to help the US build up the renewable base, at a steep price. Coal and frackers, however, will be making profits for a while.

This of course, aligns very well with the directive to the DOE to defund research of small molecule conversion, such as CO2 and N2. Can't have any alternative energy research in Trump's US. And all that to excite his short-sighted base.

 

Do you think individuals should pay full price oil, gas and coal?

 

How can you conclude that is all he did? How can you give to the rich? Did you first take it from them? So if handing it back is giving to them, it is only a gesture of honesty.

This is like a poor man entered the garage of the rich man and stole his Ferrari. Later he brings back the Ferrari and the poor exclaim it was a break for the rich. Makes no sense to me of any sort.

 

I tried searching for Obama solar panel tariffs and got nothing, do you have a source?

 

What?

What could be more of a "giveaway" to billionaires than to get rid of income tax completely, since they foot the vast majority of the current bill?

 

This tariff would affect 80% of the solar panels purchased in the United States, would benefit China more than it hurts the US, and it would hurt red states more than blue.

I just don't see it as a good idea.

 

They do.

This is no excuse for paying customers from Federal money the recovery cost to buy panels/with cells. By the way, the White house announced the panels are made in the USA but the solar cells, being taxed by Trump, are what are made in China. The Chinese are smart enough to buy factory locations and build here to save them selves money.

 

I didn't ignore it I just told you that it isn't a guaranteed result of a tariff.

Its not even a thing specific to tariffs, dead-weight loss is just a term that describes a condition of sub-optimal efficiency brought about by a particular mechanism.

It could be from taxation, it could be from externalities, it could from a market event, it could be from over-producing, it could be from under-producing, and others - as I'm sure you know.

The point of understanding this is to maneuver against inefficiency in general, be it output based or cost based, or price based, or what have you.

My first post in the thread was saying how I thought this was Trump testing the waters.

I think he wants to see if he can do better than others have at this game.

Maybe he will, maybe he wont.

Remember when Obama tried it with China over tires?

Looked good at first for our production and our jobs creation but (to simplify) the ds was miscalculated and we ended up having to make up the loss through other nations and ultimately we lost a good amount of those jobs we created.

Its a complicated dance but that's not a good reason to stay home now is it?

 

I don't see this reaching that point.

If such tariffs made a difference, they could also take trade related action against the US.

Remember that Trump failed to get an Asia-Pacific trade deal.

So, now we have China working with Canada, Mexico, Australia, the Koreas, Japan, Singapore, Vietnam, Philippines, Hong Kong, etc.

And, without the US.

Anyone who thinks a few bucks on a washing machine is going to slow China needs to take a reality pill.

 

The above should have the warning attached. Purely the opinion of the author. Please should you attach facts, let me and others hear about it.

People may forget that in China, homes are owned by Government. We hear they went to a market solution, but still the Chinese government is entirely in charge of almost all decisions made.

 

Most of those billionaires got that way by using our infrastructure and our military power to achieve their wealth or bilked us in government contracts after buying members of congress. Guys like me who pay 28% income tax are funding these guys. Wake up champ.

 

I am in favor of getting rid of the income tax and collecting tariffs and luxury taxes...

 

As I speculate, China will do what is in the best interest of China and if it benefits them to engage in manufacturing in the USA to get our market, they will do just that. How does China manage to get other nations business and do they face tariffs by other nations?

Should the US policy be to exist to favor China?

 

No, your 28 percent does not come close to the income taxes of Warren Buffet and perhaps less than his secretary.

The rich pay for government. And Democrats want to keep it that way. As Is aid, stealing his Ferrari then later parking it in his driveway is no break to him, it only means the theft of the car drew so much attention that the crook took it back. We first steal from the Rich then get all huffy if they want any of it returned to them.

 

And, the author is talking to an audience that can't find a way to use google if their lives depended on it - especially when they didn't want factual evidence in the first place - right?

https://www.scientificamerican.com/article/what-4-million-solar-panels-look-like-from-space/

(These guys say 1.5 soccer fields per hour. But, I quoted the lesser number from other sources as it doesn't have those confusing fractions to deal with.)

Or, if you think Scientific American is fake news (lol) pick one for yourself:

https://www.google.com/search?q=china+solar+soccer&ie=utf-8&oe=utf-8&client=firefox-b-1

 

No surprise, remember Sec of State Tillersons last job!!!!

 

China is getting the business of other countries by producing the products people want for the price they can pay.

 

Samsung and LG will open washing machine factories in the US the 4th quarter of this year.

https://www.reuters.com/article/us-...-factory-in-fourth-quarter-2018-idUSKBN1F00FO

http://m.pulsenews.co.kr/view.php?sc=30800028&year=2017&no=424573