Follow along with the video below to see how to install our site as a web app on your home screen.
Note: This feature may not be available in some browsers.
In an continuing update regarding the relative pain each country might be suffering in a Trade War, how comforting is it to Americans that it's all still a lose/lose battle , pending resolution ??Depends on what you believe "winning" looks like. To date, what we have on the US side is American workers, particularly in agriculture and manufacturing, being hit hardest. Economic growth has slowed, and the average American consumer has been hit with increased financial burden due to companies passing through the cost impacts.
None of that screams "winning" to me. Wake me up when a trade deal is complete, and we can point to the tangible benefits. Until then, this is all still tit-for-tat where no-one is winning. Trump and Xi are playing a game of chicken, where only one of them has an election coming up next year.
Hmmmm... guess if accurate, the PBS analysis which estimates "the new trade policy regime implemented in 2018 through June 2019 is likely to result in an average cost per U.S. household between $500 and $1,700 a year" would yield an answer of "that's not my idea of winning" for most people.
Hmmmm... guess if accurate, the PBS analysis which estimates "the new trade policy regime implemented in 2018 through June 2019 is likely to result in an average cost per U.S. household between $500 and $1,700 a year" would yield an answer of "that's not my idea of winning" for most people.
I don't believe that the PBS link to their chart is active, but the chart is available as a pdf here
In the context of this thread and trade wars, I would perhaps author "To gain, to better one's own position or lot in life" as seemingly pretty aproposdefine “Win”
In the context of this thread and trade wars, I would perhaps author "To gain, to better one's own position or lot in life" as seemingly pretty apropos
Higher paying U.S. jobs will not be the result of any return of overseas manufacturing to our shores.Trump wants to balance the trade deficit with China and stop them from stealing our trade secrets. They are using our markets to pay for their military and economic buildup. Tariffs will cost consumers more for some items at least in the short term but in the long term will result higher paying jobs here.
Trump wants to balance the trade deficit with China and stop them from stealing our trade secrets. They are using our markets to pay for their military and economic buildup. Tariffs will cost consumers more for some items at least in the short term but in the long term will result higher paying jobs here.
Ohio bean farmer and former Republican County Chairman explains why he is no fan of Trump or his trade policy via a CNN Interview
Higher paying U.S. jobs will not be the result of any return of overseas manufacturing to our shores.
lol. Trump STILL doesn't understand what a trade deficit represents. Do you?Trump wants to balance the trade deficit with China and stop them from stealing our trade secrets. They are using our markets to pay for their military and economic buildup. Tariffs will cost consumers more for some items at least in the short term but in the long term will result higher paying jobs here.
I'm aware that manufacturing jobs have been up recently, although despite your assertions of acceleration there has been a recent downturn as set out in LA Times.Im. not sure where you get your info. The data below is now dated but the return of jobs has been accelerating greatly.
https://www.industryweek.com/economy/reshoring-rise-what-it-means-trade-debate
As the labor shortage continues in the US there will be more competition for workers. Wages will continue to rise as a result.
Apparently to you whatever Trump tells you "win" is, that is until he f's something up again and you come on here with a lamenting "they're all the same" thread.define “Win”
Ugh, when trade is finally "balanced" and you're in retirement eating dog food to sustain yourself will you finally admit you and Trump were wrong about trade? Probably not, it will somehow be Carter's fault.Trump wants to balance the trade deficit with China and stop them from stealing our trade secrets. They are using our markets to pay for their military and economic buildup. Tariffs will cost consumers more for some items at least in the short term but in the long term will result higher paying jobs here.
lol. Trump STILL doesn't understand what a trade deficit represents. Do you?
Tell me, how are you going to balance the trade deficit with China without government intervention? Higher paying jobs here makes our products more competitive with China how? Do you think China is going to agree to a deal that takes away their ability to build their economy and their military?
Lol. Exactly. The only way to balance the trade deficit is through government intervention.... tariffs......which if you recall, were only going to be TEMPORARY. If Trump wants his deal, he'll have to stop the tariffs.......so no trade balance. If he wants balance, the tariffs have to stay......or other mechanisms that artificially inflate the prices.Tariffs are government intervention.
China is no longer a developing country economically. There is no need to allow the open access to our markets when they have 5 times the population that we have and ample natural resources, etc. making products here with higher wage labor will cost Americans more. Americans should see the advantages of spending th money on US made products and willingly pay more. Point in case. Last month I willing paid $200 for New Balance shoes made in Maine instead of $120 for shoes made in China.
China will not agree to voluntarily give up an advantage they have been allowed to take over the last 35 years. They need to be forced to the table.
Do we need to totally balance the trade deficit? That won’t happen. Should China continue to receive favored nation status while manipulating currently, stealing trade secrets, etc? I think not.
I'm aware that manufacturing jobs have been up recently, although despite your assertions of acceleration there has been a recent downturn as set out in LA Times.
My thoughts really are far simpler than stats, etc. It appears to me that today's Americans, by and large, are unwilling to pay sufficiently high prices for most manufactured goods, to produce an ability to pay a reasonably high wage. Think Walmart, Target, et al buying propensities. I also think that is being significantly exacerbated by.the overbearing drives for corporate profits, de-unionization, part time employees to avoid benefits, stripping away of worker retirement funding and similar activities. Those conditions speak loudly to me that ultimately American manufacturing jobs with "reasonable" wages are a thing of the past. I truly hope that I am wrong, but I think the future for America will and must be more idea and tech based. The growing absence of a true "middle" class has been and will continue to be extraordinarily destructive of our society as we have known it for the last 75 years.
Lol. Exactly. The only way to balance the trade deficit is through government intervention.... tariffs......which if you recall, were only going to be TEMPORARY. If Trump wants his deal, he'll have to stop the tariffs.......so no trade balance. If he wants balance, the tariffs have to stay......or other mechanisms that artificially inflate the prices.
Trade deficits aren't inherently bad.......neither you nor the president seem to understand that. Hell, he thinks we are just sending billions to China and getting nothing in return.....or so he says.
Intellectual property and the like are a totally different issue. Combining the two arguments is disingenuous.
Depends on what you believe "winning" looks like. To date, what we have on the US side is American workers, particularly in agriculture and manufacturing, being hit hardest. Economic growth has slowed, and the average American consumer has been hit with increased financial burden due to companies passing through the cost impacts.
None of that screams "winning" to me. Wake me up when a trade deal is complete, and we can point to the tangible benefits. Until then, this is all still tit-for-tat where no-one is winning. Trump and Xi are playing a game of chicken, where only one of them has an election coming up next year.
PBS? That's hard hitting unbiased journalism there.Hmmmm... guess if accurate, the PBS analysis which estimates "the new trade policy regime implemented in 2018 through June 2019 is likely to result in an average cost per U.S. household between $500 and $1,700 a year" would yield an answer of "that's not my idea of winning" for most people.
I don't believe that the PBS link to their chart is active, but the chart is available as a pdf here
Record low unemployment.
Stock market testing all time highs.
Global trade agreements being reworked to benefit American workers.
Corporate earnings reports up.
If that's not winning, I'd hate to see what losing looks like.
Ugh, when trade is finally "balanced" and you're in retirement eating dog food to sustain yourself will you finally admit you and Trump were wrong about trade? Probably not, it will somehow be Carter's fault.
This thread is specific to the trade war, not Trump's America writ large. Stay on target. The only thing you mentioned on that subject was a trade agreement being reworked, meaning it is incomplete...re-read my post.
Trump has property. He's in real estate. He doesn't manufacture anything. Just because he has property around the world doesn't mean he understands trade......which he clearly doesn't.I find it hilarious that some of you think Trump doesn't know anything about trade. You seem to forget that before he was POTUS, he was a globally successful businessman and developer. He's one of the best negotiators to ever live. Yet somehow, you believe a life long politician like Biden or Bernie or Warren, who's never been responsible for a P&L statement, would somehow make better financial decisions.
Your dismissiveness would be expected. I assume that you didn't read it, or you would be aware that it was in concert with an EconoFact study. EconoFact monographs are written by leading academic economists from across the country who belong to the EconoFact Network. It is published by the Edward R. Murrow Center for a Digital World at The Fletcher School at Tufts University. But, of course, you don't care or you wouldn't have made your comment because you would have had the interest and discipline to read and think before being so self-sure and condescending.PBS? That's hard hitting unbiased journalism there.
My 18 year old grandson makes far more rational choices and my 19 year old granddaughter is surely better read. You are entitled to your opinion but I have seen little that is demonstrative of any negotiating skill. Say "I am the greatest negotiator in the worid" certainly doesn't make one so, and actually screams many things but negotiating skill isn't one.I find it hilarious that some of you think Trump doesn't know anything about trade. You seem to forget that before he was POTUS, he was a globally successful businessman and developer. He's one of the best negotiators to ever live. Yet somehow, you believe a life long politician like Biden or Bernie or Warren, who's never been responsible for a P&L statement, would somehow make better financial decisions.
Posts like that make you seem so toady that we should worry about warts from reading it.I find it hilarious that some of you think Trump doesn't know anything about trade. You seem to forget that before he was POTUS, he was a globally successful businessman and developer. He's one of the best negotiators to ever live. Yet somehow, you believe a life long politician like Biden or Bernie or Warren, who's never been responsible for a P&L statement, would somehow make better financial decisions.
which was trump, and most supportersAnyone who thought this would be short term wasn’t thinking clearly.
which won't happen when either a democrat, or free market conservative eventually takes office nextWe dont have give up our objectives. Stay the course, which most Americans have a hard time doing.
Trump has property. He's in real estate. He doesn't manufacture anything. Just because he has property around the world doesn't mean he understands trade......which he clearly doesn't.
Lol. He's done real well negotiating with Congress. He's kicking ass in his negotiation with North Korea. And that China thing seems to be going well.But it's not really about trade, it's about negotiating trade agreements. And no one is better at negotiating than Trump.
No one, perhaps, exceeds the ability of D. Trump in negotiating contractual agreements pertaining to the construction and management of high-rise office buildings and luxury golf resort properties.But it's not really about trade, it's about negotiating trade agreements. And no one is better at negotiating than Trump.
Would you be kind enough to provide a list of his negotiating successes that lead you to your conclusion?But it's not really about trade, it's about negotiating trade agreements. And no one is better at negotiating than Trump.
Lol. He's done real well negotiating with Congress. He's kicking ass in his negotiation with North Korea. And that China thing seems to be going well.
If you knew a damn thing about him you would know he doesn't negotiate. He demands and then if he doesn't get what he wants, he takes them to court.....in the case of his business practices. In his presidency, he either slaps tariffs on them or he kisses their ass. Give me a break.
That would mean you have nothing else to say.You're TDS is flaring up. Maybe you should take a break?
That would mean you have nothing else to say.
Lol. What's this, like the fifth time this has happened?China's blinking.
Oh...and the Dow's over 27,000 again. Thank you Mr. President.
Oh...and the Dow's over 27,000 again. Thank you Mr. President.
Sir: Is it going to be necessary, to personally post to you, the notification of the DOW INDUSTRIAL INDEX's DECLINE on such days that it occurs between now and the election ???China's blinking.
Oh...and the Dow's over 27,000 again. Thank you Mr. President.
Oh , and thank the hundreds of thousands of employees of those 30 Dow companies who ACTUALLY CAN TAKE EVERY BIT OF THE CREDIT FOR THEIR COMPANIES' SUCCESS !!!China's blinking.
Oh...and the Dow's over 27,000 again. Thank you Mr. President.
I find it hilarious that you would refer to someone who declared bankruptcy owning casinos as a "globally successful businessman and developer." It's hard to lose money when people willingly give you money knowing the odds are stacked against them, but Trump found a way. WINNING!!!I find it hilarious that some of you think Trump doesn't know anything about trade. You seem to forget that before he was POTUS, he was a globally successful businessman and developer. He's one of the best negotiators to ever live. Yet somehow, you believe a life long politician like Biden or Bernie or Warren, who's never been responsible for a P&L statement, would somehow make better financial decisions.