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RE: Let's see.....trade deficits with China: | Utefans.Net
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RE: Let's see.....trade deficits with China:

Posted By: Charlie
Date: Monday, May 13, 2019 at 02:59 pm

As I said above, the trade deficit alone is not meaningful. Trump also has this wrong. We should buy from China whenever it is in our interest and due to their labor costs, that is often, and will /should drive a deficit. Now that we are not anxious about the trade deficit, China should not cherry pick restrictions if we do not and they should have a modicum of respect for IP. Because they will work for less that we are willing, they can be a great trading partner. They simply cannot be more restrictive than we are in return. As it relates to strategic technologies, have no discussion, simply require that it is in-house. Mirror their trade practices with nonstrategic products and quit all the discussion.

Trade deficit due to one-sided restrictions and total lack of respect for IP then can be a problem. The mixture of good and bad deficit year to year takes a lot of work to understand.

<<Ignore Charlie ] [PritnerPrint This Message ] >>

Messages In This Thread


Newbomb Turk icon NEW: Yay. Trickle down does work. At least on tariffs. Even Kudlow admits that American consumers will be affected. Trump says "some people just don't get it". Sadly, he is the "some people" in this case.
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 07:51 am [ID# 1946661] [reply]
(8)
HoopUte icon NEW: The Dow is down over 2% already today on the news of China retaliating with new tariffs on US goods (short)
HoopUte - -- Monday 13 May 2019, at 08:14 am [ID# 1946662] [reply]
(4)
Newbomb Turk icon NEW: Yep. Trump was right. I really am tired of all this winning.
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 08:15 am [ID# 1946663] [reply]
(5)
o NEW: RE: Yay. Trickle down does work. At least on tariffs. Even Kudlow admits that American consumers will be affected. Trump says "some people just don't get it". Sadly, he is the "some people" in this case.
Charlie - -- Monday 13 May 2019, at 08:30 am [ID# 1946665] [reply]
(1)
o NEW: Will trump's base, the Walmart shoppers, ever connect the dots and figure out why they are paying more when they shop?
UteBrave - -- Monday 13 May 2019, at 08:35 am [ID# 1946666] [reply]
(7)
96GradAlum icon NEW: There were tons of dots to connect before the 2016 election and they didn't connect those so I have no faith whatsoever that will ever do so. (nm)
96GradAlum - -- Monday 13 May 2019, at 08:54 am [ID# 1946669] [reply]
(9)
o NEW: Most are not smart enough to figure it out. The few who have realized it are just willfully ignorant. (nm)
UteBrave - -- Monday 13 May 2019, at 09:53 am [ID# 1946673] [reply]
(3)
utahpunk icon NEW: And that connect the dots puzzle was just Trump giving them a GIANT middle finger. (nm)
utahpunk - -- Tuesday 14 May 2019, at 03:19 pm [ID# 1946750] [reply]
(1)
SkinyUte icon NEW: They'll blame it on Obama because that's what Fox News will tell them. (nm)
SkinyUte - Top 25 Poster -- Monday 13 May 2019, at 11:40 am [ID# 1946684] [reply]
(3)
o NEW: What a shameful reminder of of the world we live in. Its now huge news when a presidential advisor reluctantly and grudgingly "admits" to the truth of something that everyone already knows is true. (nm)
Ute Bear - -- Monday 13 May 2019, at 09:06 am [ID# 1946670] [reply]
(6)
o NEW: RE: Yay. Trickle down does work. At least on tariffs. Even Kudlow admits that American consumers will be affected. Trump says "some people just don't get it". Sadly, he is the "some people" in this case.
Charlie - -- Monday 13 May 2019, at 12:32 pm [ID# 1946688] [reply]
(1)
Newbomb Turk icon NEW: Just changing a few words from your first paragraph.....
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 01:27 pm [ID# 1946692] [reply]
(3)
o NEW: RE: Just changing a few words from your first paragraph.....
Charlie - -- Monday 13 May 2019, at 01:59 pm [ID# 1946695] [reply]
(1)
Newbomb Turk icon NEW: Let's see.....trade deficits with China:
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 02:20 pm [ID# 1946697] [reply]
(1)
o NEW: RE: Let's see.....trade deficits with China:
Charlie - -- Monday 13 May 2019, at 02:59 pm [ID# 1946699] [reply]
(1)
Newbomb Turk icon NEW: I get what you said about trade deficits alone not being meaningful I happen to agree. My point was is that trade deficits are important to Trump for some reason (ignorance probably) and he is using tariffs to try to reduce deficits.
Newbomb Turk - Top 25 Poster -- Monday 13 May 2019, at 03:54 pm [ID# 1946701] [reply]
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