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Trump Will Aim For 60% Tariffs On China If Reelected

Discussion in 'Too Hot for Swamp Gas' started by thelouisianagator, Jan 28, 2024.

  1. Tjgators

    Tjgators Premium Member

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    The markets aren't free when China knocks off every product made in the US & around the world. Facebook, Walmart, and Amazon are easy places for the Chinese to market their knockoffs. Our company has to work nonstop against these foreign knockoffs. They use our logo, copyright, story, and photography.

    Recently, I have been advertised Yeti coolers, Costa Sunglasses, and On3 shoes. All fakes. When you think a deal is too good to be true go to the Contact Us page of the website and it will make sense.

    I'm all for capitalism but not when it benefits the Chinese. No low or middle-wage earner is for the inflation today that is breaking their backs today, but I believe most would accept short-term pain to bring back manufacturing to the US.
     
  2. duggers_dad

    duggers_dad GC Hall of Fame

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    US to the world thirty years ago: “Afraid of a little competition ? Let’s play and find out!”

    US today: “Hey! They’re cheating!”
     
  3. wgbgator

    wgbgator Premium Member

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    I'm by no means an expert on "free markets" and what libertarians believe, but generally speaking IP protections are something that seems antithetical to market fundamentalism. We definitely had a few people calling themselves libertarians and anarcho-capitalists that were very much opposed to intellectual property protections as a sort of big government protectionism.
     
  4. FutureGatorMom

    FutureGatorMom Premium Member

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    The only thing trumph would do if re-elected, is try and get his pound of flesh. Oh, and stay out of jail.
     
    • Agree Agree x 3
  5. docspor

    docspor GC Hall of Fame

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    I see the radical commies have decided that firms' IP is some nationalized collective property of the USA. IT IS NOT! A US firm is capable of weighing the costs & benefits of doing bidness in China. As I said in an earlier post, if it directly & significantly impacts national security, gov should take action, otherwise, PISS OFF.
     
    • Agree Agree x 2
  6. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    Trump’s Tariffs Hurt U.S. Jobs but Swayed American Voters, Study Says
     
    • Informative Informative x 1
  7. PITBOSS

    PITBOSS GC Hall of Fame

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    “More broadly, analysts said his tariffs contributed to declines in stock indexes in 2018 by creating uncertainty about the economic outlook.

    On paper, Trump’s tariff plans would create a bigger drag on the economy than Democratic plans to let tax cuts on upper-income households expire at the end of 2025, according to Wolfe Research. That is because the effective tax increase would be bigger, and because it would affect lower—and middle-income households, which are more sensitive to changes in costs.“

    https://www.wsj.com/economy/trade/d...5pqvi9vokjny72v&reflink=article_copyURL_share
     
    Last edited: Aug 18, 2024
    • Informative Informative x 1
  8. AzCatFan

    AzCatFan GC Hall of Fame

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    • Agree Agree x 3
    • Informative Informative x 1
  9. docspor

    docspor GC Hall of Fame

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    people bitch about transfers of wealth. That’s exactly what these taxes do - as well as destroy wealth. A 60% tax on foreign economists would transfer wealth to America born economists & away from those hiring us. & it would greatly degrade the quality of Econ in the US.
     
  10. maxgator

    maxgator GC Hall of Fame

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    But, but... Inflation.
     
  11. rivergator

    rivergator Too Hot Mod Moderator VIP Member

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    There are times when I figure the people saying such rubbish know it's false, they're just counting on their audience not knowing.
    But all indications are that Trump really is that ignorant.
     
    • Agree Agree x 3
  12. okeechobee

    okeechobee GC Hall of Fame

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    What about Democratic plans to increase tariffs on China? Lolz

    Biden Ups the Ante on China Tariffs
     
  13. docspor

    docspor GC Hall of Fame

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