Trump Tariffs
mark94
Arizona
The tariffs, or threat of Tariffs, have lead to a renegotiation of NAFTA. It’s a much better deal for the USA. More jobs. More exports. The biggest loser is China, which was our goal from the git go.
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The big picture here is that China has been stealing our intellectual property for years. When an American company goes to China, they force that American company to surrender its technology to a Chinese competitor.
That Chinese competitor winds up beating the American company, not just in the Chinese market, but around the world. And that's an unsustainable situation that President Trump has decided to crack down on.
We have a program to do that. It's not just that China cheats and steals our intellectual property. They're also coming with large bags full of money to basically buy up the crown jewels of American technology.
And the biggest picture here is China has this thing called China 2025. It's a policy manifesto which says that they want to take over all of the emerging industries of the future, artificial intelligence, robotics, quantum computing, these things.
And if we allow China doing this, particularly using unfair trade practices, we won't have a future.
This is real Fake News.
Now, components will need to be made in Mexico, Canada, or the US to qualify for favored treatment. This will result in good paying jobs both in the US and Mexico, which is why the new Pro-union president of Mexico went along with it. Trudeau, the green prime minister, was less enthused about expanding manufacturing in Canada.
In all honesty, China is a threat due to its protectionist trade practices.
Regardless of whether you love or hate Trump, the trade imbalances faced by the USA need reworking. These deficits have been continuing for many years, and it’s not possible to correct them in an instant. However, it’s imperative to begin the process now.
It appears that American corporations don’t care - as they care only about their costs of manufacturing and their p and l’s.
It will take years for the full effects of restructuring trade to be felt. In my view, Washington politicians don’t care where their funding comes from, as long as they get their funding. This is why we have such a mountain of long term debt held by the Chinese. Adding the theft of intellectual property, and mounting trade imbalances, all in the Chinese favor, is putting too much control in their hands.
It isn’t going to be a quick fix. But it needs to be done. It isn’t painless either. But neither were some past democratic efforts.
in so cal.
i just hope the ‘Powers that be’ make beneficial decisions for the good of joe sixpac.
Adios loser
Another reason for expensive gas in California is State requirements on refining standards, increasing the expense.
If gas price in California is $3.70, then maybe $.70 of that is State tax and environmental extremes ( beyond typical in other states ).
What a whiny crybaby you are
BOO FUCKING HOO
WAH WAH WAH
#Fact roflmaooooooooo
#FACT
^#FACT
EPIC FAIL
^#FACT
Good riddance to Quantitative Easing.
krazy. maybe it’s the gas tax.
My perspective is anything over 1.60 is too much but all things considered the 2.50-2.70 range is tolerable.
Same here, that's why I'm surprised that prices didn't jump this time. And yes prices shoot up in a matter of minutes but the decline is a long slow slough.