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Thread: China Charges a 25% Tariff on Our Autos?

  1. #1

    China Charges a 25% Tariff on Our Autos?

    I was watching Ratigan and one of the guests pointed out how China has a 25% tariff on our autos. What else is China not allowing us to export to them without some big tariff? Why is it we allow their goods to come in with little to no tariffs? The same with S Korea who does the same thing. When will we ever level the playing field? Why do we still allow this as we go further into debt and watch more and more jobs whither away?



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  3. #2
    lol sucks for china's citizens.

    Quote Originally Posted by tjeffersonsghost View Post
    Why is it we allow their goods to come in with little to no tariffs?
    Because tariffs hurt your country more than they help.

    http://townhall.com/columnists/Walte..._all/page/full


    "Tariffs and quotas on imported sugar saved 2,261 jobs during the 1990s. As a result of those restrictions, the average household pays $21 more per year for sugar. The total cost, nationally, sums to $826,000 for each job saved. Trade restrictions on luggage saved 226 jobs and cost consumers $1.2 million in higher prices for each job saved. Restrictions on apparel and textiles saved 168,786 jobs at a cost of nearly $200,000 for each job saved.
    Yeah....sugar jobs aren't quite worth $826,000.
    Last edited by Kregisen; 08-06-2010 at 02:27 PM.
    The Heart of Conservatism is Libertarianism - Ronald Reagan

  4. #3
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    China is sucking out a lot of our industries.
    Equality is a false god.

    Armatissimi e Liberissimi

  5. #4
    Quote Originally Posted by Kregisen View Post
    lol sucks for china's citizens.



    Because tariffs hurt your country more than they help.

    http://townhall.com/columnists/Walte..._all/page/full




    Yeah....sugar jobs aren't quite worth $826,000.
    How many jobs has the income tax saved? At what cost?

    The question is not really are tariffs bad, the question is if a flat tariff is as detrimental to free trade as the income tax. Not to mention your right to privacy and to not testify against yourself on your tax return.
    Member of Ron Paul Forums Double Flat Tariff Only Society - Working towards eliminating all the foreign producer/outsource subsidizing internal federal taxes in favor of an across the board flat tariff applied equally to every country and every product.

  6. #5
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    Quote Originally Posted by sratiug View Post
    How many jobs has the income tax saved? At what cost?

    The question is not really are tariffs bad, the question is if a flat tariff is as detrimental to free trade as the income tax. Not to mention your right to privacy and to not testify against yourself on your tax return.
    I would trade the income tax for a flat tariff in a heartbeat.
    Equality is a false god.

    Armatissimi e Liberissimi

  7. #6
    As long as industry knows it can make it's products cheaper someplace else, it will continue to do so. Once all industry is gone, there won't be much money to buy anything from China anyway.

    It is much better to have the industry in our own country, even if it costs us a bit more to buy the products we produce. This is because having those industries allows our population to earn more money than the difference saved by having them made someplace else.

    Having a strong industrial base is important to the security of our country as well. Should the need arise, like during WWII, fabricating plants once used to build automobiles were quickly converted to build tanks and planes. If there are no plants to build things here, there is nothing to convert if the need should arise.

  8. #7
    Quote Originally Posted by Kregisen View Post
    lol sucks for china's citizens.



    Because tariffs hurt your country more than they help.

    http://townhall.com/columnists/Walte..._all/page/full




    Yeah....sugar jobs aren't quite worth $826,000.
    China, in spite of their authoritarian ways, has one of the fastest growing middle classes in the world.

    They surpassed Japan as the world's second largest economy, they will overtake us within a few yews.

    They'll have a world class manufacturing base and steady growth, and we'll be in a "failed state", third world status, just call us North Mexico.

    "Free Traders" can whistle Dixie all they want, the fact is, we're getting creamed, and we will lose our independence, sovereignty and what's left of liberty because of the "free trade" fire sale.
    Another mark of a tyrant is that he likes foreigners better than citizens, and lives with them and invites them to his table; for the one are enemies, but the Others enter into no rivalry with him. - Aristotle's Politics Book 5 Part 11

  9. #8
    Quote Originally Posted by sratiug View Post
    How many jobs has the income tax saved? At what cost?

    The question is not really are tariffs bad, the question is if a flat tariff is as detrimental to free trade as the income tax. Not to mention your right to privacy and to not testify against yourself on your tax return.
    That.

    Quote Originally Posted by Rifleman View Post
    I would trade the income tax for a flat tariff in a heartbeat.
    And that.

    Quote Originally Posted by Dr.3D View Post
    As long as industry knows it can make it's products cheaper someplace else, it will continue to do so. Once all industry is gone, there won't be much money to buy anything from China anyway.

    It is much better to have the industry in our own country, even if it costs us a bit more to buy the products we produce. This is because having those industries allows our population to earn more money than the difference saved by having them made someplace else.

    Having a strong industrial base is important to the security of our country as well. Should the need arise, like during WWII, fabricating plants once used to build automobiles were quickly converted to build tanks and planes. If there are no plants to build things here, there is nothing to convert if the need should arise.
    And that as well.
    Another mark of a tyrant is that he likes foreigners better than citizens, and lives with them and invites them to his table; for the one are enemies, but the Others enter into no rivalry with him. - Aristotle's Politics Book 5 Part 11



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  11. #9
    I favor a tariff, but only if it's subject to the rule of uniformity, as teh constituion stipulates. Targeted tariffs simply engender political corruption.

  12. #10
    Quote Originally Posted by Dr.3D View Post
    As long as industry knows it can make it's products cheaper someplace else, it will continue to do so. Once all industry is gone, there won't be much money to buy anything from China anyway.

    It is much better to have the industry in our own country, even if it costs us a bit more to buy the products we produce. This is because having those industries allows our population to earn more money than the difference saved by having them made someplace else.

    Having a strong industrial base is important to the security of our country as well. Should the need arise, like during WWII, fabricating plants once used to build automobiles were quickly converted to build tanks and planes. If there are no plants to build things here, there is nothing to convert if the need should arise.
    Automation would make it difficult to switch from civilian to military production. Besides, at the beginning of US entry into WW2, the was no military industrial complex.

  13. #11
    Quote Originally Posted by Old Ducker View Post
    Automation would make it difficult to switch from civilian to military production. Besides, at the beginning of US entry into WW2, the was no military industrial complex.
    Much of the automaton is done with robotics. I know for a fact robots can be reprogrammed within hours to do different jobs. An engine plant is just that, an engine plant and changing what kind of engine is being made isn't that hard to do.

    I worked in an engine plant that made four different engines on the same line. A few months is all it takes to retool to make even more different kinds of engines.

    Press metal plants do just as the name implies. They make pressed metal parts. One of the plants I worked in was able to change over from pressing door skins to gasoline tanks within just a few hours. Dies are very easy to change and if the dies are already in a warehouse someplace, it doesn't take long to have them trucked in and placed into service.

    Clothing plants can easily be changed over to uniform plants and shoe plants can easily be changed over to boot plants. Commercial aircraft plants can easily be converted over to military aircraft plants.

    What can't be changed over is when there is nothing there to change over from.

  14. #12
    China charges 25% import tariff on our automobiles?
    China pegs their currency to the US dollar, which indirectly imposes tariffs on all goods we export to them. Because they don't allow their currency to float, there is no way we could ever compete with them.

    If, in addition to that a 25% tariff is added to autos we export to them, how can anyone question why all our good manufacturing jobs have left?

    Alot of our debt results from "free" trade.

  15. #13
    One would think we would have learned basic economics 101 by now.

    Taxes + regulation = more pressure on competition for capital

    No capital = you aren't making $#@! no matter what the trade policy is

    Protectionist trade policy = just making $#@! more expensive or more available on the black market

    Free market + free trade + capital = you are making the best $#@! for the best prices and it does not matter what governments do. For instance... I do not have a problem getting antibiotics without a prescription or duty free foreign tobacco.

  16. #14
    Quote Originally Posted by sratiug View Post
    How many jobs has the income tax saved? At what cost?
    Why can't we get rid of both tariffs AND the income tax?



    Quote Originally Posted by Live_Free_Or_Die View Post
    One would think we would have learned basic economics 101 by now.

    Taxes + regulation = more pressure on competition for capital

    No capital = you aren't making $#@! no matter what the trade policy is

    Protectionist trade policy = just making $#@! more expensive or more available on the black market

    Free market + free trade + capital = you are making the best $#@! for the best prices and it does not matter what governments do. For instance... I do not have a problem getting antibiotics without a prescription or duty free foreign tobacco.
    +1
    Last edited by Kregisen; 08-06-2010 at 07:12 PM.
    The Heart of Conservatism is Libertarianism - Ronald Reagan

  17. #15
    China is ahead because they put themselves first, second, and third, and realized a long time ago that our leaders won't do that for this country.

  18. #16
    While we might be free to engage in the unsustainable importation of goods purchased using a far too generous line of credit which must eventually be paid back with funds our country does not possess, does this really qualify as "free trade"?

    I was under the impression that "trade" meant that we're giving them something in return. In terms of goods, we're losing the manufacturing war. They make enough for themselves, and export the excess. We, on the contrary, do not.

    In terms of exporting paper currency, well, we're the world leader, but we're hurting ourselves just as much in that case, as well.
    Quote Originally Posted by timosman View Post
    This is getting silly.
    Quote Originally Posted by Swordsmyth View Post
    It started silly.
    T.S. Eliot's The Hollow Men

    "One of the penalties for refusing to participate in politics is that you end up being governed by your inferiors." - Plato

    We Are Running Out of Time - Mini Me

    Quote Originally Posted by Philhelm
    I part ways with "libertarianism" when it transitions from ideology grounded in logic into self-defeating autism for the sake of ideological purity.



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  20. #17
    Quote Originally Posted by charrob View Post
    China pegs their currency to the US dollar, which indirectly imposes tariffs on all goods we export to them. Because they don't allow their currency to float, there is no way we could ever compete with them.

    If, in addition to that a 25% tariff is added to autos we export to them, how can anyone question why all our good manufacturing jobs have left?

    Alot of our debt results from "free" trade.
    Not anymore, they ended the dollar peg a few months ago to allow their currency to appreciate.
    "They that can give up essential liberty to purchase a little temporary safety, deserve neither liberty nor safety."
    -Benjamin Franklin

  21. #18
    Quote Originally Posted by tjeffersonsghost View Post
    I was watching Ratigan and one of the guests pointed out how China has a 25% tariff on our autos. What else is China not allowing us to export to them without some big tariff? Why is it we allow their goods to come in with little to no tariffs? The same with S Korea who does the same thing. When will we ever level the playing field? Why do we still allow this as we go further into debt and watch more and more jobs whither away?
    why is 25% a big deal if they give us credit and cheap labor in return?

    wait until they give us cheap cars, let's see if a 100% tariff will stop them.

  22. #19
    China is fighting a trade war with us.

    We are losing badly. But our leaders our colluding with the Chinese.

    Our elites win because they get massive amounts of debt to expand government and fight wars, paid for with the transfer of our industries and jobs to China, as well as the promise of higher taxes paid by Americans to pay off the interest on the debt borrowed by our government from China.

    Our standard of living goes down. Theirs goes up. Our elites get a huge line of credit, with the American middle class used as collateral. That's the "free trade."

  23. #20
    Quote Originally Posted by charrob View Post
    Alot of our debt results from "free" trade.
    The people who support this brand of "Free Trade" are GLOBALISTS

    The people who support FAIR TRADE are NOT, they love their country more than a world without borders that elitist globalists can rape for their own benefit.

  24. #21
    Quote Originally Posted by Kregisen View Post
    Why can't we get rid of both tariffs AND the income tax?
    Because we don't have tariffs? The income tax is far more harmful to free trade and should be ended before tariffs.
    Member of Ron Paul Forums Double Flat Tariff Only Society - Working towards eliminating all the foreign producer/outsource subsidizing internal federal taxes in favor of an across the board flat tariff applied equally to every country and every product.

  25. #22
    Quote Originally Posted by Mike4Freedom View Post
    Not anymore, they ended the dollar peg a few months ago to allow their currency to appreciate.
    right, i remember Tim Geitner threatening them that if they didn't he was going to put them on his yearly report as being 'currency manipulators'. Their final response, as i understood it, was to stop their manipulation "gradually" so as not to be put on his report. So it sounds like they still are going to "somewhat" manipulate, just not totally manipulate. As some links point out in the following report, many people think this is just pure b.s. I tend to agree-- and tend to disbelief China will allow their currency to float naturally for any length of time.

    http://www.cbsnews.com/8301-503983_1...69-503983.html

  26. #23
    Quote Originally Posted by buffalokid777 View Post
    The people who support this brand of "Free Trade" are GLOBALISTS

    The people who support FAIR TRADE are NOT, they love their country more than a world without borders that elitist globalists can rape for their own benefit.
    +1



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