Trade War with China

Discussion in 'Strategic Defense' started by Ultra, Jan 27, 2018.

  1. mr.bean
    Offline

    mr.bean Junior Member

    Joined:
    Mar 21, 2007
    Messages:
    574
    Likes Received:
    827
    LMAO Canada and Turkey is going to be so screwed! best thing for China is to do NOTHING at the moment and let the US duke it out with the EU and Canada. Xi dada should pull out a chair make some popcorn and watch this gong show unfold.
     
    #21 mr.bean, Mar 8, 2018
    Last edited: Mar 8, 2018
    Equation likes this.
  2. ougoah
    Offline

    ougoah Junior Member
    Registered Member

    Joined:
    Apr 1, 2008
    Messages:
    871
    Likes Received:
    831
    This "trade war" is just a stunt from the man in power. He needs to make a show for the anti-China boys. The reality is that China has really safeguarded herself from any intentional economic war from the US. Unless the US abandons or dramatically shifts the rules of capitalism and how their private corporations are governed, China cannot be really hurt by conscious efforts from US leaders. This trade deficit cannot be removed until US corporations leave China. But if they did leave, US corporations will suffer huge loses in profit margins. Hint, they don't leave and NOBODY likes to leave China because China provides the absolute best quality for value ratio and EVERYONE really understands this. Otherwise they would move all industries to India, Vietnam, Japan, Germany, Spain, etc wherever. Those other players either cannot offer the quality or the technical ability, or they come at such a great cost it'll run the company into bankruptcy. So China has simply outplayed the capitalists using the vices of their own system. Few average people realise this and we'll keep hearing about the made in china sound bites while others can't even make.

    So in many ways this trade deficit between US and China is actually US corporations making huge profits and paying taxes to the US gov. It is US companies exporting their products using China as a stopover. The reality is that it also benefits the US. They can all get out. But most don't and many want to enter. That alone reveals everything one really needs to know. Few other countries are as competitive as China in a wide range of manufacturing industries. If they were, we wouldn't see this level of trade and manufacturing partnerships with Chinese companies.
     
    Yodello and Equation like this.
  3. ILikeChina
    Offline

    ILikeChina Junior Member
    Registered Member

    Joined:
    Dec 21, 2016
    Messages:
    137
    Likes Received:
    232
    I see, Elon doesn't want to sell Tesla cars in China.
    Equal import tax imposed by a developed country and developing is a absurd.
    That's for what WTO exist to solve the differences between the countries.

    https://electrek.co/2018/03/08/elon-musk-donald-trump-us-china-car-trade-tesla-factory/
     
    Equation likes this.
  4. Anlsvrthng
    Offline

    Anlsvrthng Junior Member
    Registered Member

    Joined:
    Sep 27, 2017
    Messages:
    344
    Likes Received:
    77
    You mixing up the enxt things:
    1. US corporate owner/managers and govermetn official interest
    2. Chinese corporate owners/managers and goverment official interest
    3. Average chinese interest( 99% of the population)
    4 average US citizen interest ( 99% of the population)

    Trade war is bad for 1/2, netural for 3, and good for 4.
    Current situation is good for 1/2 , neutral for 3 and bad for 4.


    And 4 voted Trump into power.
     
  5. Skywatcher
    Offline

    Skywatcher Senior Member

    Joined:
    Jun 8, 2007
    Messages:
    1,586
    Likes Received:
    766
    Given the holes that the metals tariff is sprouting from 'national security' exemptions, a wide trade war with China will be scuttled by some loud foot stomping by Walmart and Tom Cotton.
     
    mr.bean and N00813 like this.
  6. PanAsian
    Offline

    PanAsian Major

    Joined:
    Oct 30, 2005
    Messages:
    3,292
    Likes Received:
    3,810
    NOT paying taxes to the US government
     
    davidau likes this.
  7. ougoah
    Offline

    ougoah Junior Member
    Registered Member

    Joined:
    Apr 1, 2008
    Messages:
    871
    Likes Received:
    831
    Not familiar with US commercial law but US companies are not paying taxes on their income? It doesn't matter where products are manufactured. Reported and taxable income is taxed in other parts off the world regardless of where the factories are.
     
  8. PanAsian
    Offline

    PanAsian Major

    Joined:
    Oct 30, 2005
    Messages:
    3,292
    Likes Received:
    3,810
    Please do some research yourself if you're truly interested, it is not a secret that US companies both offshore investments and keep international earnings overseas to reduce US taxes, however it is more complicated than direct tax laws. Here's a link to start:
    https://americansfortaxfairness.org.../fact-sheet-offshore-corporate-tax-loopholes/

    There are also all sorts of international differences regarding assets and labor where US companies can reduce costs, including US taxes, by investing outside of the US.
     
    #28 PanAsian, Mar 13, 2018
    Last edited: Mar 13, 2018
    N00813 likes this.
  9. ougoah
    Offline

    ougoah Junior Member
    Registered Member

    Joined:
    Apr 1, 2008
    Messages:
    871
    Likes Received:
    831
    Okay while it may be true that loopholes exist and are exploited to the benefit of some US companies that operate outside the US and contribute "less than they ought to" in tax, none of this takes anything away from my point. That being, China is not somehow cheating the Americans in their trade. US corporations CHOOSE to be in China for economic reasons. Many of these corporations are more successful because of this.
     
    N00813 and Equation like this.
  10. supercat
    Offline

    supercat Junior Member

    Joined:
    Jan 20, 2010
    Messages:
    253
    Likes Received:
    578
    Japan refuses to participate in potentially U.S. initiated trade war against China. Also, the so-called Section 301 of the U.S. Trade Act is America's domestic law and is in violation of WTO rules.

    https://asia.nikkei.com/Politics-Ec...tariffs-up-to-60bn-over-intellectual-property
     
    t2contra and SteelBird like this.
Loading...

Share This Page