Do you think it's a good idea to "totally decimate" the Chinese economy? It seems unlikely they will take that without retaliation. I agree that this tariff imbalance has gone on for far too long, but I also think it's a mistake to overcorrect. All actions have reactions and this has all the elements for a war, and we are not prepared for a real war with a real adversary.
idiotic posting. What would the grocery store charge her to sell her products in their store? Use yer head man!.
Trade exists between two willing parties and is in most cases mutually beneficial. This whole trade imbalance topic is beyond stupid at this point. If you don't want to buy stuff then don't. Are you recommending a nanny state where the govt guides your buying decisions by taxing the hell out of you if you don't follow ? If you sell a stock, are you ripping off the buyer ? Best example really of this stupidity is Trump's barking about the trade imbalance with Canadian and how we supposedly ripped off the US for decades. If you buy ZERO Heavy Oil from Canada, you have a huge trade SURPLUS with Canada. But here's the thing. You buy that Oil because it's cheaper then global prices, has ready built pipelines, and you have a huge refinery business that flips a profit on that Oil. We can't fix STUPID here and walk the US through this. Yet a huge Trade War was started based on this premise. Oh and the fake drug/border issue. This is WMDs all over again, and Americans just lapped it up and accepted it. You can't have it both ways. You either want the Oil, or you don't. If you want it, you can't blame Canada for the trade deficit.
Trump will never understand this all he knows is supposedly zero sum games where he attempts to rip someone off on the trade.
Bookmarked as proof B1 has straw for brains. Anybody else you would just say it was a snarky response but B1 genuinely can't grasp it's not a post about literal business arrangements with a grocery store. It’s an analogy about international trade and the flawed obsession with trade deficits. Countries don’t need a perfect tit-for-tat balance of exports and imports for trade to be beneficial. What matters is value creation after the import, not symmetry at the border.
Did you mean what would the grocery store charge THEIR customers for her products in their store? Assuming you were pointing out foreign tariffs on our exports... If affirmative, then we can move on to how high those tariffs are—I think you'll be surprised how low they are.