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White House announces 25 percent tariff on Chinese tech goods
131–140 of 390 posts
Re: White House announces 25 percent tariff on Chinese tech goods
#132Can anyone speculate as to how this changes the landscape with respect to Foxconn and their new electronics manufacturing presence in the United States? They do manufacture a lot of technology. What might be different after the tariff vs before for this new United States presence? Will it work just like other United States corporations or is it different because it is international with a Chinese presence?
Re: White House announces 25 percent tariff on Chinese tech goods
#133It's punishment for stealing hundreds of billions of dollars of IP, illegally subsidizing businesses to steal market share, and general national security by not outsourcing knowledge and infrastructure critical to national security to save a few bucks. It's easy to let someone push you back inch by inch instead of fighting back, but eventually you're on the edge of a cliff and have nowhere else to go. I'd take short…
Your comment is just a giant [citation needed].
None of this is true. “IP” produced by a nominally US corporation with hundreds of offices around the world is not attributable to the US government.
This is just some super simplisitic nationalist BS masquerading as trade policy.
Re: White House announces 25 percent tariff on Chinese tech goods
#134It's punishment for stealing hundreds of billions of dollars of IP, illegally subsidizing businesses to steal market share, and general national security by not outsourcing knowledge and infrastructure critical to national security to save a few bucks. It's easy to let someone push you back inch by inch instead of fighting back, but eventually you're on the edge of a cliff and have nowhere else to go. I'd take short…
I understand the rationale, which is pretty clearly laid out here: https://ustr.gov/sites/default/files/Section%20301%20FINAL.P... What I don't understand is the response. The burden of this cost has entirely been placed upon US businesses purchasing products from (in many cases) the only place you can buy them and then assembling the completed product in the US with US labor. As someone doing small-scale production…
> What I don't understand is the response. The burden of this cost has entirely been placed upon US businesses
I don't think that's true, which is proven by the fact that China is strongly opposed to the tariffs and plans to retaliate with their own. China's exports will go down, so it will cost them too.
Re: White House announces 25 percent tariff on Chinese tech goods
#135Earlier quoted context omitted.
I don't know why you're being downvoted; China absolutely does all of those things. They are not playing fair in the global market and never have. One can debate whether or not the tariff is the right approach, but let's not pretend that China is a victim.
Whereas the US has always played fair in the global market and never used its dollar position, tarriffs, sanction, invasions etc for market advantage?
You're comparing apples and oranges. When has the US government stolen trade secrets from foreign companies and then bootstrapped new domestic companies to compete against them?
China has surely done all the things you're accusing the US of, but they aren't being punished for that.
Re: White House announces 25 percent tariff on Chinese tech goods
#136It's punishment for stealing hundreds of billions of dollars of IP, illegally subsidizing businesses to steal market share, and general national security by not outsourcing knowledge and infrastructure critical to national security to save a few bucks. It's easy to let someone push you back inch by inch instead of fighting back, but eventually you're on the edge of a cliff and have nowhere else to go. I'd take short…
Look at the early history of the jet engine to see how countries other than China engage in similar tactics.
Re: White House announces 25 percent tariff on Chinese tech goods
#137It's punishment for stealing hundreds of billions of dollars of IP, illegally subsidizing businesses to steal market share, and general national security by not outsourcing knowledge and infrastructure critical to national security to save a few bucks. It's easy to let someone push you back inch by inch instead of fighting back, but eventually you're on the edge of a cliff and have nowhere else to go. I'd take short…
I don't know why you're being downvoted; China absolutely does all of those things. They are not playing fair in the global market and never have. One can debate whether or not the tariff is the right approach, but let's not pretend that China is a victim.
Be careful. The US doesn’t exactly “play fair” either.
Re: White House announces 25 percent tariff on Chinese tech goods
#138Is there a list of which American companies directly benefit from this?
Re: White House announces 25 percent tariff on Chinese tech goods
#139Earlier quoted context omitted.
I don't know why you're being downvoted; China absolutely does all of those things. They are not playing fair in the global market and never have. One can debate whether or not the tariff is the right approach, but let's not pretend that China is a victim.
Whereas the US has always played fair in the global market and never used its dollar position, tarriffs, sanction, invasions etc for market advantage?
The dollar floats in value. The Chinese manipulated their currency to make their exports cheaper for years... which worked. Only recently have they eased off on that. They also heavily subsidize shipping to make it cheap to export, make it difficult to sue anyone stealing IP, etc etc.
Sanctions in the US have been about avoiding wars, rather than trade. There are also other global reserve currencies... value of dollar was earned.
Invasions have been shady for raw materials, for sure. Chinese are getting that in smarter ways now, but building their new “Silk Road,” which is a way to ensure they get raw materials mined by Chinese labor by Chinese companies in foreign land by propping up existing corrupt officials. Basically they took a US playbook and made it “better.”
Re: White House announces 25 percent tariff on Chinese tech goods
#140Earlier quoted context omitted.
Thank you, I'm glad you were able to deconstruct the sentences critically instead of emotionally triggering.
Maybe, but both sides aren't the exact same.
I don’t think I’ve heard any Democrats voice support for the tarrifs. Got any sources for that?