The Soapbox

hoolstoptheheels

Joined: 01/04/2001 Posts: 27020
Likes: 34294


This free trade proponent still sees hope for a good outcome if Trump


finds a way not to extend this trade war beyond China. While I just don't agree with using tariffs as a hammer, there is no question that China manipulates their domestic market in unfair ways, engages in dumping, steals technological and other intellectual property, etc. And then blames a lot of it on "cultural differences". There are similarities with Japan in the '80s IMO. I didn't favor protectionism against them either (repubs were on my side back then before they became a bunch of flaming nationalist progressives). Turned out Japan's greatest enemy was Japan, and I still think that would be true with China in the end.

But it is possible that using the hammer of tariffs against China is one way to get them to stop at least some anti-competitive (and outright dishonest) practices. I think they may have more to lose than we do, and may overestimate their own ability to control economic factors.

Thing is, if a month or so from now we are in a full blown trade war with the EU, some of Latin America, Canada, or some subset thereof, well, then it could wind up being an us against the world thing, and one way to strike back at the US would be to cooperate with China and help them weather the battle. So to me a lot depends on where he goes with these exemptions. The US against the world in a trade war is unlikely to end well for us IMO. Or the world for that matter.

Bigger problem - is there any evidence of a cohesive foreign policy? What's magical about right this minute for tariffs against China? Does it really make sense to get into bitter trade disputes with China on the eve of a potentially historic deal with NK?

(In response to this post by WahooMatt05)

Posted: 05/03/2018 at 1:33PM



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Current Thread:
 
  
Well, it seems the trade war is underway. -- WahooMatt05 05/03/2018 10:23AM
  It started way, way before the 80s. -- HowieT3 05/03/2018 1:42PM
  No worries. Trade wars are easy to win. Easy ! ** -- WaxHoo 05/03/2018 12:07PM
  Can you eat steel or aluminum? Disadvantage Chinese people. -- Late 80s Hokie 05/03/2018 12:08PM
  Nobody wins, everyone loses -- WahooMatt05 05/03/2018 12:22PM
  Red state congressmen vote against the ethanol -- Hoojack 05/03/2018 11:17AM
  Is it true you went to Radford? It would explain so much. -- hooyorkcity 05/03/2018 11:28AM
  He is? Are you sure about that MountainQ? ** -- Hoodafan 05/03/2018 2:38PM
  Rebel06CAV ** -- WahooRQ 05/03/2018 2:39PM
  You can ask Klanny Boy about that. -- WahooRQ 05/03/2018 4:00PM
  Go home and get ur shinebox ** -- Mountain Dew Camacho 05/03/2018 4:48PM
  Wasn't he also Texas something or other? ** -- hooyorkcity 05/03/2018 2:43PM
  No you are confusing me with yourself -- TomKazanski 05/03/2018 12:02PM
  Nm** -- Hooddihsm 05/03/2018 11:36AM
  You are not capable of judging either ** -- 111Balz 05/03/2018 11:22AM
  Thanks Obama! ** -- Beerman 05/03/2018 10:31AM
  I'm enjoying the skyrocketing gas prices! ** -- THECZAR 05/03/2018 10:28AM
  Tofu burger pricing should plummet! ** -- Hoodafan 05/03/2018 11:09AM

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