Trump's new tariff threat could make iPhones, toys and shoes more expensive

So what will they do, They own 5% of the US debt, you don't think that 5% will be snatched up by other private people and other countries? The put 1.2 trill out there they will lose 200 bill dollars. And this is not done all at once but when the bonds mature over a period of months. Every year we borrow 1.2 trill, don't make it seem like putting another 1.2 on the market is a big deal. China will lose more money by dumping 1.2 trill in a flooded market that the harm they would cause the US. Never mind the 500 mill a year export market to us will be shut down.

 

The US bond market would take a huge hit if China unloaded the debt they carry and many people are invested in bonds. Correcting any problem should not begin with the most drastic step.

 

What drastic step and taken by whom. Trump has been negotiating for over a year. The Chinese have not moved enough. If they want to continue to sell 550 bill of goods every year to the US they have to move much farther.
Do you think America would be better off producing those 550 bill of goods themselves, or even better say 300 bill in the US and 100 bill in India and another 25 Bill in 6 other low wage countries. A few bill of investment in central America would stop the flood of Immigrants. 100 bill in India will allow them to help modernize even faster as a counter balance to China in Asia. Nevermind we could make them shut down the microsoft repair dept calls. LOL

 

It depends if there are better paying jobs for all those people in America than those manufacturing jobs would create, doesn't it?​

 

trump make ridiculous demand that no one willing to bite it. and its not how it work, company will move to where ever that can max their profits
as for india, they will be like china in 20-30yrs, you think india dont have ambition? we sold high tech weapon to china in 80s for them to counter USSR. india know that well.

 

So, the bond market takes a temp hit. It is not like the US has any trouble selling bonds. And this action would shut down the US as a market The US market is 25% of all their exports. A 10% hit to their GDP in one day. MIllions would be thrown out of work.

 

I don't think he is going far enough. He is still allowing mandatory Chinese partnerships- This is the stupidest thing yet. This is how they stole all the technology without the investment.

 

hence no one gonna take his ridiculous deal. for a guy who said "trade war is easy to win" "i'm deal maker" etc etc. how many lies you gonna belief him, suckers lol
steal, do you know how hard to penetrate US corp or defense network. if china has that ability we already doom. furthermore almost all core tech are isolated from outside network. IT 101

 

The biggest obstacle for any US administration is to get Americans off cheap Chinese products of which many are US manufactured technology stolen by the Chinese. This is similar to the drug war. China wouldn't be shipping their goods to the US if Americans boycotted Chinese goods. Yet Americans scream for their cheap Chinese goods all the while screaming for bigger pay checks which only increases the cost of American made goods.

 

But, strangely, manufacturing is returning. What is costly to the US population is a China that continues drain our wealth.

 

its not returning, its going to S.Asia and mexico. he basically use tax to get company move to those other 3rd world countries.

 

I agree. When you mentioned that "giant sucking sound" it reminded me of Ross Perot's run for the Presidency. I voted for him btw. I really liked him.

 

So just loosen the over regulations and get rid of unions. Isn't that what drove them out in the first place?

 

I love watching this, anti-tariff republicans having to defend tariffs

 

I think we will have to wait until the next President to get a better deal, but Trump is good at breaking things and in this case that may not be bad long term, short term it's gonna suck for many

if it cost as much to make in the usa as overseas, more jobs would remain in the USA..... eventually the wages woudl go up and it woudl even out

tariffs shoudl be give and take and always be for products, not natural resources

 

without unions the corps push the worker even more, it's a give take, both the corps and the unions push too far but they each keep the other in check

 

The tariffs will not bring one job to the US, they are already moving to the next lower bidder. The counter tariffs allowed other producers to move in on the Chinese market, see the South American Soya and weed producers, or Canada, or Australia.
Or the European hog producers. They are making a killing, especially with the Chinese having the disease problem.
Outside the US the global market continues.
The US has to spend billions to prop up the industries that got hit by counter tariffs and with its tariffs impose one of the largest tax hike ever on its consumers.
Somehow that does not compute.

 

Which would be fine, as trade with those countries is more fair. those countries would love the investment and not require local ownership partnerships. and they would agree not to have a 3x trade inbalance. You tell honduras or Haiti that we will move 10,000 jobs there from China- do you think they would be more inclined that China to keep it closer to a equa balance.

 

Ha ha. It was insanity to ignore Perot who knew what globalism would do to our people and our middle class and income disparity.

 

I find it telling that the dimwits and msm are so concerned with China goods costing more and some job losses and yet all we heard was crickets when 60 thousand factories and millions of jobs were being sucked to china thanks to both parties. They did not care back then about us but now they do? Ha ha. Damn treasonous globalist con men.

 

In order to get that cents on the dollar labor and lax environmental regs to feed the greed we gave the communists the store an unheard of move and stupidity. Like gifting them our manufacturing tech from years of investing in research. And like allowing the state to own 25 % of every American factory. And access to our huge consumer market. For years they bought scrap and waste paper and little else and now buy some food as they tariff us and use non tariff barriers. They operate like the mafia and steal. And yet we worry about using tariffs to try to fix the worst trade deal ever created? By utter idiots who should be hung or imprisioned.

 

Tariffs are the best method. Making Chinese goods illegal, boarding ships and dumping containers in the ocean would lead to war quickly.

The status quo from Nixon until Trump was a slow, slow death for the USA. Tariffs are the best method.

 

Donald Trump has so far earned the industry with the Ivanka Trump makes herr money, as well as Apple deliberately spared from punitive tariffs ... who wonders!
But if he realizes his threat, that's exactly what happens!

But the joke is that there are indeed quite a few "red MAGA hats" that seem to have brain damage underneath it by wearing this hat.
We remember the punitive tariffs on steel?
Suddenly, many of these people wonder, why many products that are made of steel ... for example, washing machines to take something quite ordinary ... have become much more expensive. Can these people just not understand.

And if you then tell these people and explain ...
- The US steel industry alone can not meet the US demand for steel, so many imports are still necessary
- As a result, and because of simple logics in the market economy, steel was secondarily twice as expensive
- That's why the US industries, who buy the steel and then make all kinds of steel products, have higher prices to pay
- Which then go on to the end customer

Then you are a liar, because that can not be true, because then Trump has in the end harmed his own people!

 

The additional cost of regulations is tiny compared to the direct labor costs. Some manufacturers did relocate partly due to the power of unions but this was many decades ago when much manufacturing was labor intensive and hence unions had a lot of power. Companies will relocate to the cheapest labor countries and that will never be the US.

 

The economic illiteracy of the American citizen is on full display. Tariffs that tax well lead to economic prosperity. Where’s is this generations Adam Smith, or for that matter, Von Mises.? Because it certainly isn’t Trump.