The Soapbox

fishhoo

Joined: 02/27/2004 Posts: 1347
Likes: 2854


There are examples across multiple industries


and many individual companies that can already document all kinds negative effects. I could spend half the day providing individual examples just in the seafood industry. China has already retaliated against the U.S. and picked seafood (and several other ag products) to target. There are many U.S. seafood companies who worked their tail off in recent years to open good export markets to Chinese consumers. It is highly likely that the U.S. is going to pick an increased range of items now from China to "retaliate against their retaliation" and just the talk alone from this threat has created chaos in our markets with all kinds of inflationary pressures on items that we can grow more or catch more ourselves. It is a sad joke to see comments like those from Wilbur Ross recently saying some of the stories he is hearing are troubling because really, they have been so "smart" to calculate just how marginal effect the tariffs should have on individual items and it is concerning to see what must be predatory or unseemly behavior in some industries. For all of the "brilliant" business experience this administration is supposed to possess, they know virtually nothing about how the real world in the day-to-day with global manufacturing and trade.

It is also creating all kinds of pressure and even animosity between business partners across borders. Nobody is blaming each other personally, but it is flushing years of goodwill down the toilet. Absolutely asinine

(In response to this post by WahooMatt05)

Posted: 06/25/2018 at 10:19AM



+9

Insert a Link

Enter the title of the link here:


Enter the full web address of the link here -- include the "http://" part:


Current Thread:
 
  
Trade wars having an impact -- WahooMatt05 06/25/2018 09:54AM
  The DOW is only down ~450 points today ** -- Hoo TV 06/25/2018 3:04PM
  One of the FT commentators characterized it as -- Faz d. Hoo 06/25/2018 12:44PM
  That's like the old joke .... -- HowieT3 06/25/2018 1:37PM
  Slash and burn ** -- NJHoo 06/25/2018 12:54PM
  America First!** -- FfxStationHokie 06/25/2018 12:17PM
  If you wanna hear some cussing that'd make RQ -- Shenhoo 06/25/2018 10:46AM
  And that's the thing that burns me the most... -- Freddyburg Hokie 06/25/2018 12:59PM
  My fear with all this is inflation. -- Guy LeDouche 06/25/2018 10:41AM
  Oh, that's just one of many legit fears. ** -- hoolstoptheheels 06/25/2018 10:44AM
  There are examples across multiple industries -- fishhoo 06/25/2018 10:19AM
  Yes -- fishhoo 06/25/2018 1:39PM
  Trade wars are good, and easy to win ** -- Hoo TV 06/25/2018 09:58AM

Notice: Trying to get property 'queue' of non-object in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781

Warning: Invalid argument supplied for foreach() in /data/www/sportswar.com/wp-includes/script-loader.php on line 2781
vm307