Is Trump still planning on raising import tarrifs to stop companies from sending jobs to china??

originally posted by: Flyingclaydisk
...but they're not wildly competitive markets with tons of players, and many of those players are western developed countries.

And if you impose tariffs on these countries they have recourse.

On the ones that are unable to produce these items they will go to the ones who do. It is a global economy and turning off the spigot here only makes it flow faster elsewhere. I would rather chance it with renegotiated deals than getting involved in a potentially damaging trade war. Trade is a zero sum game, if we are not selling that widget someone else will.

a reply to: AugustusMasonicus

I edited my other post to include this, but I'll post it here as a response and delete my edit...

ETA...oh, and you might posit that I am 'protectionist', and you'd be correct for the most part (possibly even bordering on isolationist), and I'll be honest...it's about time we start getting selfish as a nation. Heavens knows, the globalists are everything BUT generous...they are the very definition of 'selfish', despite their outward claims to boil the oceans and solve world hunger (which they have no intention of doing)!

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I don't wholly disagree with your stance, but I do disagree on the approach. I believe our export policies are far too generous as they are, and I think we need to pull back on that, if for no other reason than to protect us and our own.

a reply to: Flyingclaydisk

Protectionism and isolationism in a global economy will not work. Equitable trade deals with our partners will. That addresses both export and import policies and levels the playing field for both sides.

originally posted by: intrptr
a reply to: jacobe001

Huh yah, after all , catching someone "in the hotel lobby" isn't illegal, is it...

Bribes are illegal, but not "lobbying", campaign contributions, subsidies, revolving doors, etc. Someone should make a dictionary of all the fake terms they use to describe their crimes to us.

It would be a thick volume.

OR "Freedom of Speech" LOL
Anytime money passes hands, it goes well beyond Freedom of Speech.
Lets see the Lobbyists talk to their politicians without money bags in their hands.
The politicians would then not give them the time of day.

originally posted by: seasonal
a reply to: jacobe001
China is pro capitalist, India is too, so is Mexico.

I would like to see a minimum standard wage, environmental and worker safety standards. Then and only then when the country meets these they get access to the markets.

I think we should tear up the trade deals and only do business with Pro Capitalist Countries.

I agree with your second point but not so much the first.

If the US Government owned all the Big Corporations like China does, the Private Sector would howl like a stuck pig because having the government owning all the major corporations would have a HUGE effect on the private markets especially when government can shovel boat loads of money to prop up their Big Corporations which business do not have.


Take a look at this list and tell me again how China markets are Pro Capitalist?

en.wikipedia.org...


I'll post about 20% as a sample:

List of government-owned companies of China

Bank of Beijing
Bank of China
Bank of Communications
Baotou Steel
Beijing Capital International Airport Company Limited
Beijing Enterprises
Beijing Hualian Group
Beijing North Star
Beijing Urban Construction Investment Development
Beijing Yanjing Brewery
Chang'an Automobile Group
Changchun Film Group Corporation
Changchun Railway Vehicles
Changjiang Securities
Chengzhi Co., Ltd
Chery
Chihong Zinc and Germanium
China Agri-Industries Holdings
China Aviation Supplies Import and Export Group Corporation
China Central Television
China Coal Energy Company
China Communications Services Corporation
China Construction Bank
China Construction Design International
China Energy Conservation Investment Corporation
China Foods Limited
China Guangfa Bank
China International Marine Containers
China International Water & Electric Corporation
China Investment Corporation
China Life Insurance Company
China Machinery Engineering Corporation
China Merchants Bank
China Merchants Energy Shipping
China Metallurgical Group Corporation
China Minmetals
China Molybdenum
China National Aero-Technology Import & Export Corporation
China National Aviation Corporation
China National Building Material Company
China National Chemical Engineering
China National Heavy Duty Truck Group
China National Materials Group Corporation
China National Refinery Corporation
China Netcom
China Overseas Land and Investment Limited
China Poly Group Corporation
China Precision Machinery Import-Export Corporation
China Taiping
China Tietong
China Travel International Investment Hong Kong
Chunlan Group
Complant
CSG Holding
Dalian Port (PDA) Company
Datang International Power Generation Company
Datang Telecom
Denway Motors
Financial Street Holding
Flying Pigeon
Founder Group
Founder Technology
Franshion Properties
Fushun Mining Group
Fushun Petrochemical Company
GAC Group
Great Wall Wine
Gree Electric
Guangdong Investment
Guangdong Rising Asset Management
Guangzhou Automobile Industry Group
Guangzhou Shipyard International
Guangzhou Zhujiang Brewery Group
Guosen Securities
GZI Transport
Haier
Hainan Airlines
Haitong Securities
Harbin Aircraft Industry Group
Harbin Power Equipment
Hisense
Hu Qing Yu Tang
Hua Xia Bank
Huadian Power International
Huaibei Coal Mining Group
Huainan Coal Mining Group
Huaneng Power International
Hunan Nonferrous Metals
Hunan Valin Steel
Industrial and Commercial Bank of China
Industrial Bank
IRICO
Jiangsu Expressway Company
Jiangxi Copper
Jilin Aodong Medicine
Jinchuan Group
Jinjiang International
Jizhong Energy
Kingway Brewery
Kunlun Energy
Kweichow Moutai Company
Legend Holdings
Liaoning Chengda
Long March Launch Vehicle Technology
Longyuan Power
Luoyang Glass
Luzhou Laojiao
Maanshan Iron and Steel Company
Magang (Group) Holding Company

a reply to: jacobe001

Lobbying with campaign contributions is just the tip of the iceberg. The real graft kickback payoffs bribes and corruption occur in the hotel rooms, away from the lobby, behind closed doors. In my day it was an actual crime and people really got caught in stings by the FBI. One such sting was called abscam. Back then it was criminal, nowadays its right out in the open in yo face (UN)official gubment policy.

Wiki

a reply to: jacobe001

Well, not that I disagree entirely, but you have to remember that given the governmental structure in China it's not like someone can just decide to open a major international business trading with the outside world without the government's involvement.

So in reality, I think China actually "is" capitalist when it comes to buying up stakes in off-shore companies in places like the United States. It's just that they don't let their own people be capitalist, unless they're selling pickled monkey penises at the corner street market (for local consumption only)...or knock-off Rolex's.

...from a guy who spent a fair bit of time in China (and SE Asia).