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Thread: Boom. You can't out tariff us. Period. This Trump knows.

  1. #91


    We need to reduce government at home and use defensive tariffs to negotiate fair trade with low tariffs and barriers.
    Never attempt to teach a pig to sing; it wastes your time and annoys the pig.

    Robert Heinlein

    Give a man an inch and right away he thinks he's a ruler

    Groucho Marx

    I love mankindÖitís people I canít stand.

    Linus, from the Peanuts comic

    You cannot have liberty without morality and morality without faith

    Alexis de Torqueville

    Those who fail to learn from the past are condemned to repeat it.
    Those who learn from the past are condemned to watch everybody else repeat it

    A Zero Hedge comment

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  3. #92


    The question is, does China want these tariffs to exist? I think we can safely say no. In my opinion, a trade war is like chemotherapy. It is a way to try and kill a cancer, but you have to hurt yourself in the process. So, if China is doing things the U.S. government is not in favor of, this could be a way to alter their policy or at least add a potential bargaining chip. For libertarians, questions abound. Why should we care what China is doing as long as they aren't attacking the U.S.? What of North Korea and the South China Sea? If China's Keynesian monstrosity of an economy came crashing down, is this desirable? Many may starve. If they were forced to adopt some sort of gold standard, would this be a good thing? It would add constraints to their government's spending. How long would they stay on it before starting all over again?

    If the whole thing is to just bring back select manufacturing jobs, it is important to remember that those jobs would likely only be possible if many other industries are made to suffer.

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