$200B more in Tariffs

Microsoft Hyad70
Sep 17, 2018 55 Comments

I'm thrilled to see DJT be the first President to have the guts to stand up to the trade dumping and stealing of US technology.

The Chinese have unfairly, unethically and illegally traded with and stolen from the USA for too long.

Personally, I've put a strong preference on USA companies and where feasible, USA made products. Heck, don't buy a cheap Lenovo, buy Microsoft or Apple product, regardless of where made... we'll fix where they are produced through tariffs over time.

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TOP 55 Comments
  • Facebook FQSH35
    And US continues to steal resources, bomb innocent civilians, arm gangs and separatists around the world.

    China is an angel compared to Uncle Sam
    Sep 17, 2018 4
    • eBay la-flame
      Oof. Not sure how you can say that given what China does to its own citizens, especially its minority groups.
      Sep 17, 2018
    • Microsoft Hyad70
      OP
      The Chinese aren't stealing resources, but are taking severe advantage of South American countries' resources. They buy political favor by providing money to build or develop projects that put money in the politicians' pockets and provides them political capital, but long-term, they are raveging the countries. They also treat the local labor like second class citizens in their own country. Please don't tell me it isn't so...been there and have seen it and talked to locals who confirm the magnitude.
      Sep 17, 2018
    • Microsoft 0xADFG
      Go read "new confessions of an economic hit man". You'll like it
      Sep 18, 2018
    • I need to read the new one. I had liked the first one.
      Sep 19, 2018
  • Symantec Snoop Dawg
    Tariffs today. Bailouts tomm (due to counter tariffs). More Sh!tshow
    Sep 17, 2018 1
    • Groupon preorder
      Ph.D. in economics here!
      Sep 17, 2018
  • Amazon Hot
    OP- you are mixing issues. IP problems are a separate issue than trade deficit. They should be tackled separately.
    Sep 17, 2018 4
    • SAP my_self
      How could you deal with the IP issue with China if not this way?
      Sep 17, 2018
    • Amazon Hot
      If the US imposes tariffs as a trade war strategy— as being done now— there will be no global support— support from other trade partners. On the other hand, if US first files all legalese in regards to IP theft and follow due process and proves it— easy to do if it exists— then US will have legit claim in imposing tarrifs with global support and China will have no legit claim to retaliate. And, it might even yield positive results; aggression does not solve any problem, most of times.
      Sep 17, 2018
    • SAP my_self
      I think there are 2 problems, China pays too little tax, and charges a lot. Example in cars. In the other hand, many countries are unhappy with China stealing IP, china has not done anything to fix it. IMO china needed an stop. I dislike trump but I support this desition.
      Sep 17, 2018
    • SAP my_self
      When a police officer writes a ticket to me for speeding, my reaction is, what speeding has to do with money and how paying could undo the fact that I was speeding?. The thing is they hit us where it hurts the most, the money. I think that is what we are trying to do now with China.. their economy is hurting, hope that makes them change mind on their behavior
      Sep 17, 2018
  • Amazon / Eng KHCr70
    Ahh yes... America, the worlds golden standard when it comes to ethics...

    *cough*snort*
    Sep 17, 2018 3
    • Microsoft Hyad70
      OP
      What country does your passport come from? What country do you live in at this time?
      Sep 17, 2018
    • Nvidia smartpm9
      Hyad70, where were your fore fathers few 100 years ago?
      Sep 17, 2018
    • Apple magikarp16
      hyad70. By your logic, are you from China?
      Sep 17, 2018
  • BlackBerry / Other
    99Bitches!

    BlackBerry Other

    BIO
    Putin’s mistress
    99Bitches!more
    Bad grammar and wrong spelling is a huge turn off
    Sep 17, 2018 0
  • Microsoft gfba68
    The US has acted just as unethically many times over the years. Where you see guts, I see naivete. I do not share your fondness of American made products, I prefer best-value products. To the extent China can deliver that, I'll buy Chinese. Undiscerning domestic markets are a textbook competitive disadvantage a la Porter. You are not doing your country any favors.
    Sep 17, 2018 2
    • Microsoft Hyad70
      OP
      What country are you from and what country do you presently reside?
      Sep 17, 2018
    • Microsoft gfba68
      I am from the US and currently reside in the US, although I've lived all over from when I was a kid. Army brat.
      Sep 18, 2018
  • Nordstrom / Eng
    udit

    Nordstrom Eng

    PRE
    Google, Cisco
    uditmore
    And American companies are beginning to close. *Sigh*
    Sep 17, 2018 7
    • Nordstrom / Eng
      udit

      Nordstrom Eng

      PRE
      Google, Cisco
      uditmore
      If you aren't familiar with the business impacts, which have been talked about and known for over 7 months now, I'm not sure you are qualified to celebrate let alone comment.
      Sep 17, 2018
    • Microsoft Hyad70
      OP
      Not impacted...you said closing. BTW, I'm OK with a little pain...willing to pay more for products...that sort makes sense.
      Sep 17, 2018
    • Nordstrom / Eng
      udit

      Nordstrom Eng

      PRE
      Google, Cisco
      uditmore
      I said beginning to close. Laying off 70% of your workforce? That's beginning to close.

      Also, fuck you. You won't suffer any pain or sacrifice anything. You make plenty of money to buffer you from rising costs and you aren't at risk of losing your job. What you ACTUALLY mean is that you are ok with inflicting pain on other people. Factory workers, small businesses, farmers. Ok to sacrifice them, right?
      Sep 17, 2018
    • Microsoft Hyad70
      OP
      And when they need to increase prices, who do you think pays for them?
      Sep 18, 2018
    • Pinterest FhTY84
      No one...that's why they go out of business.
      Sep 18, 2018
  • Apple eurp31
    Lol. More like a bull in a china shop. But I’ll munch on🍿 all the while he starts issuing bailout and bailout due to the trade war.

    You honestly think previous presidents didn’t already work this calculus out and choose not to do what Trump is doing? Trump is just the dumbest and arrogant one to actually try it.

    Let’s skip to the end. All that will happen is a tiny improvement to trade. After all the damage, uncertainty, and bailouts, all Trump will have ensured is more companies offshoring to China to get around disruptive trade disputes. And trump will declare it a resounding success! #winning
    Sep 17, 2018 2
    • Microsoft gfba68
      Exactly. The new NAFTA deal he negotiated with Mexico is like 0.7% better than what we had. It's a fairly negligible improvement for all the furor he rose about it and the damage he caused to diplomatic relations. Apparently he's not actually a better negotiator than Clinton after all.
      Sep 18, 2018
    • Apple eurp31
      This is entirely his point. He puts on a bodacious show. Accomplishes next to nothing. Says it’s a triumph of epic proportions and declares the problem solved. And his gaslit base believes every word of it.

      All sizzle and no steak. This is the clear signs of a genius salesman.
      Sep 18, 2018
  • Microsoft OxOy42
    Even though I hate Trump, I think he's right on trade.

    China has been putting tariffs on US made goods unfairly for a long time. It's about time we hit them back.

    Still it doesn't matter, he's wrong on like 99% of other issues, so fuck him.
    Sep 18, 2018 1
    • Microsoft gfba68
      Has it? I don't think China really utilizes tariffs at all.
      Sep 19, 2018
  • Hardware startups are in for an even rougher time
    Sep 17, 2018 0
  • This comment was deleted by original commenter.

    • Nordstrom / Eng
      udit

      Nordstrom Eng

      PRE
      Google, Cisco
      uditmore
      That's not how any of this works
      Sep 17, 2018
    • Microsoft gfba68
      They literally couldn't build them here at triple the cost, because there isn't enough expertise in the states. We'd have to import it all from China, which I guess is what you want? I suppose you could argue that would be preferable, except nobody would buy an iPhone that expensive. Or maybe they would, I don't know. But Apple builds their phones in China because theybar e better at building things like phones than us, not because of cost savings (hint, it isn't really cheaper)
      Sep 18, 2018
    • Microsoft gfba68
      LOL Apple? No. They didn't teach the Chinese, either.
      Sep 19, 2018
    • Microsoft gfba68
      LOL you think that's what they do? Just assemble parts?
      Sep 20, 2018
    • fuseproject realized
      You can't build iphones in the US yet cause there isn't a supply chain from raw materials, specialized parts, suppliers, tooling to labour. Labour is 1/10th of the entire thing. The US would need a city dedicated to this to compete. Shenzhen has the ecosystem of resources built over decades, with all the resources in a 20 mile radius. Watch - https://www.youtube.com/watch?v=SGJ5cZnoodY&t=3s
      Sep 23, 2018
  • Salesforce iHaveNoTC
    You had me at “steeling”. Not
    Sep 17, 2018 3
    • Microsoft Hyad70
      OP
      Sorry... English is my second language.
      Sep 17, 2018
    • Amazon LoanerBadg
      Then get out you alien.
      Sep 17, 2018
    • Microsoft Hyad70
      OP
      Racist
      Sep 18, 2018
  • Facebook CarbonBlac
    OP does not know what he is talking about...
    Sep 17, 2018 0
  • Quora jPiu87
    A stupid alien from the third world knows the US and US dallors nothing! Trade war is not from trade, but from that China seems closer and closer to the US. DUMP
    Sep 20, 2018 4
    • Salesforce iHaveNoTC
      Are you drunk?
      Sep 20, 2018
    • Microsoft Hyad70
      OP
      Idiot
      Sep 21, 2018
    • Quora jPiu87
      Fuck u
      Sep 21, 2018
    • Microsoft Hyad70
      OP
      @Quora - guess you really told me :-)
      Sep 21, 2018
  • New / Eng Aeon
    Aren’t Microsoft and Apple products made in China as well?
    Sep 17, 2018 2
  • Medallia hFEH36
    China and friends comprise Axis of Evil in this century
    Sep 24, 2018 0
  • Apple eurp31
    China, just like all of our trade partners, don’t use tariffs directly. That violates trade agreements. What they do is manipulate VAT, (or a tax that works just like a VAT) to work like a tariff. VAT isn’t covered by any trade agreement, so countries are free to slap a VAT on any goods from any source they want.

    That’s why I read Nike shoes have a 90% VAT in China. It effectively works like a tariff. Everyone else uses VAT as a double edged sword to bring in tax revenue, but also to manipulate their markets and protect their own industries and trade. You don’t want another country dumping cheaper goods that damage your key exports. I read that Germany uses a combination of VAT and tax incentives on exports to keep their industries strong. VAT can be effectively used. For example, Brazil used the threat of a 40% VAT on Apple goods in order to get Foxconn to open a massive manufacturing center in Brazil.

    However VAT is also a pain in the ass for consumers. That’s why most everything apart from drugs in Canada cost 14% more than in the US.

    We’re the only country left that doesn’t use VAT, and it’s also why we suck so terribly at trade. We don’t have the instruments to tune trade to our advantage, and China can dump products through proxy nations all the time to damage our industries and get around any watchdogs. They’ve been doing this with honey for a long time.

    Trump is correct to dial into this problem. But he’s probably not going to be effective at fixing anything and will likely do more damage than good. He’s not that good of a negotiator.
    Sep 19, 2018 0
  • Microsoft Hyad70
    OP
    DOW: + $184; NASDAQ: + $60; S&P: + $15
    Sep 18, 2018 0