Global overview of TRUMPS TARIFFS and trends

homeagain wrote:
Yes, I believe waiting to see what unfolds is all we can do...…I attempt to view many sources and try to see the macro of the information....being pro active is my nature. It is my belief that the similarity of Watergate and what we are witnessing now, are TOO similar. I believe the nation is experiencing a repeat of history.....only this time it is with a foreign
foe.

Since you are interested in "the macro", would there ever be a good time to reestablish a truly fair trade policy with China and to confront them about the theft of intellectual property that they have used to grow their economy in an immoral way? What would Hillary have done? I'm guessing the same as Obama... nothing.

President Trump is hinting he won't expand the tariffs against China. Did he lose or is he seeing enough progress that he doesn't want to ruin?

FredHayek wrote: President Trump is hinting he won't expand the tariffs against China. Did he lose or is he seeing enough progress that he doesn't want to ruin?

He is playing the game he ALWAYS follows back on.....wait and see what shit comes up and then keep everyone hanging on his every action and word.....he can always use his most
favorite response.....DENY,DENY,DENY.....(from the art of the deal) accepting responsibility
has NEVER been his strong suite.....(except when he is on a telecast …..telegraphing he will
be MORE than happy to accept the shutdown....)jmo

homeagain wrote:

FredHayek wrote: President Trump is hinting he won't expand the tariffs against China. Did he lose or is he seeing enough progress that he doesn't want to ruin?

He is playing the game he ALWAYS follows back on.....wait and see what shit comes up and then keep everyone hanging on his every action and word.....he can always use his most
favorite response.....DENY,DENY,DENY.....(from the art of the deal) accepting responsibility
has NEVER been his strong suite.....(except when he is on a telecast …..telegraphing he will
be MORE than happy to accept the shutdown....)jmo

Do you not think China should be held accountable for their trade practices and property theft? How powerful would China be today if not for the bad trade policies and the theft of almost everything this country has invented? Which of your trusted leaders would be better suited or have the balls to do anything about this?

homeagain wrote: worldview.stratfor.com/article/us-fighti...-armed-1930s-mindset

THIS factor is the fatal flaw in the king's concept. It can be the decline of our economy...…
read recession.

AGAIN, to answer the questions of many posters.....does this
article seem accurate in it's macro view.? ANTIQUATED ideas that would have worked
decades ago....but not in a GLOBAL economy.

homeagain wrote:

homeagain wrote: worldview.stratfor.com/article/us-fighti...-armed-1930s-mindset

THIS factor is the fatal flaw in the king's concept. It can be the decline of our economy...…
read recession.

AGAIN, to answer the questions of many posters.....does this
article seem accurate in it's macro view.? ANTIQUATED ideas that would have worked
decades ago....but not in a GLOBAL economy.

Snicker. China and Japan before them have used this antiquated 1930's strategy to achieve great prosperity and economic growth. Japan was using it in the 60's, 70's, and 80's. China does it now.

I had an economics professor who loved to denounce mercantilism. He says they send us goods we want and we give them back fiat money that isn't backed by anything. Bonus America. And for the consumer it is a great deal. But for the person working in manufacturing, it puts him on the streets because the Chinese are taking a loss on the products and adding a high tariff so American products can not compete with Chinese products at home. America got into a number of tariff battles domestically. The industrialized states wanted high tariffs to protect their developing factories. Agrarian regions wanted low tariffs so they could buy foreign products cheaper.

homeagain wrote: worldview.stratfor.com/article/us-fighti...-armed-1930s-mindset

THIS factor is the fatal flaw in the king's concept. It can be the decline of our economy...…
read recession.

Was stratfor incorrect, NOW that we have current stats that shows devastating data CONTRARY to what the king predicted....?????

www.nytimes.com/2019/03/06/us/politics/us-trade-deficit.html

Rick wrote:

homeagain wrote:

FredHayek wrote: President Trump is hinting he won't expand the tariffs against China. Did he lose or is he seeing enough progress that he doesn't want to ruin?

He is playing the game he ALWAYS follows back on.....wait and see what shit comes up and then keep everyone hanging on his every action and word.....he can always use his most
favorite response.....DENY,DENY,DENY.....(from the art of the deal) accepting responsibility
has NEVER been his strong suite.....(except when he is on a telecast …..telegraphing he will
be MORE than happy to accept the shutdown....)jmo

Do you not think China should be held accountable for their trade practices and property theft? How powerful would China be today if not for the bad trade policies and the theft of almost everything this country has invented? Which of your trusted leaders would be better suited or have the balls to do anything about this?

Anybody?

Agree. China does not like to play by the rules and they can be very unethical in their dealings. I hated using their companies when I was a buyer because so much of what they delivered was subpar or not to the print. So while I am normally a big free market guy, you do need to clamp down on abuses and China is one of the worst. Their market is so huge that other nations are willing to look the other way to get access. Would love to see a few other nations go after China for piracy and other trade crimes.