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White House announces 25 percent tariff on Chinese tech goods

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Re: White House announces 25 percent tariff on Chinese tech goods

#281

Post by adamiscool8 »

watertom wrote: post #269
paloaltokid wrote: post #250

A family member who's been an electrical engineer for many decades made an interesting observation: the United States industrialized China. When labor got too expensive in the US, manufacturing moved overseas. Capital became available in China to build and build and build because they knew that American business wouldn't be able to resist the competitive pricing. I still remember overhearing my engineer family member…

It's even worse. In order to do business U.S. companies had to partner with a Chinese company, and U.S. compnay willingly transfered their IP to their Chinese partner, their Chinese partner then transferred that IP to their partner. the Chinese Government, who then transferred the IP to any other Chinese company that could benefit from the IP. That's how the U.S. supercharged China'a manufacturing while simultaneousl…

And now the same people responsible are extremely upset that someone's trying to reverse the damage.

Re: White House announces 25 percent tariff on Chinese tech goods

#282

Post by wintom »

luma wrote: post #28

I guess my earlier comment was too long, so let me provide a shorter version: this action actively harms anyone attempting to design, prototype, and manufacture electronic devices in the US. There isn't a single component in the projects I'm currently working on which isn't impacted by this. My cost of goods just went up by 25% across the board today in an effort to help "protect" American businesses. I don't feel li…

[flagged]

Re: White House announces 25 percent tariff on Chinese tech goods

#283

Post by cat199 »

evgen wrote: post #236
anon23423532 wrote: post #89

Earlier quoted context omitted.

They can try selling to other customers, but US is still around 25% of global GDP and probably a larger percentage of the market for the components that have been tariffed. Chinese government would have to print a lot of money to make up for that, which causes it's own issues, especially when considering the amount of debt China has already racked up. The point isn't for the government to skim 25%, it's to get China…

> US consumers can live without another 42in tv, Chinese can't live without food and they are entirely dependent on importing that food. But they aren't dependent on importing that food from the US. Brazil, Australia, Thailand, Indonesia, Malaysia, Canada and Argentina are all happy to step up and take over for US producers who are now going to see demand fall through the floor and these producers have been preparing…

> central plains red states, so we can all ruefully shake our heads and remind them that this is what happens when morons elect one of their peers.

say what you will about trump and 'central plains morons', but last time I checked, NYC isn't in kansas so 'their peers' is a bit of a stretch..

Re: White House announces 25 percent tariff on Chinese tech goods

#284

Post by civilitty »

ravitation wrote: post #224
frgtpsswrdlame wrote: post #130

Earlier quoted context omitted.

>You're saying we should make products in a less efficient and more expensive way to avoid relying on other countries? In this case yes. This is competition between nation-states we're talking about, viewing the entire relationship through the narrow lens of economic efficiency is missing the forest for one specific tree.

And viewing "this" through the extremely more narrow 19th century lens of competition between nation states completely ignores the entirety of 20th century economic and geopolitical thinking.

There's no need to bring mercantilism into "this". If you go to France, for example, most people there buy nicer clothes but less often than consumers do in the US so there is a large industry of artisans whose jobs don't depend on the global competitive landscape. Unlike in the US, these artisans make products that almost everyone has access to instead of catering to the rich/super rich. It's not a question of efficiency but desire to support local industries with livable wages - an efficiency of regional wealth distribution if you will. In this sense, France is competing for the money that the industry generates with other nation states but it's not a zero-sum game where France's gain is China's loss.

Unfortunately, American consumers are unwilling to pay the higher prices such a culture requires so instead economic nationalists try to push the mercantilist bullshit in the name of protecting domestic industries and national security.

Re: White House announces 25 percent tariff on Chinese tech goods

#285

Post by 282883392 »

wintom wrote: post #282
luma wrote: post #28

I guess my earlier comment was too long, so let me provide a shorter version: this action actively harms anyone attempting to design, prototype, and manufacture electronic devices in the US. There isn't a single component in the projects I'm currently working on which isn't impacted by this. My cost of goods just went up by 25% across the board today in an effort to help "protect" American businesses. I don't feel li…

[flagged]

Yes, because China being lower on the developmental scale than the US is a bad thing.

Also, copying isn't cheating. Copying/imitating is the free market at work.

Re: White House announces 25 percent tariff on Chinese tech goods

#286

Post by jduijdhdd »

evgen wrote: post #236
anon23423532 wrote: post #89

Earlier quoted context omitted.

They can try selling to other customers, but US is still around 25% of global GDP and probably a larger percentage of the market for the components that have been tariffed. Chinese government would have to print a lot of money to make up for that, which causes it's own issues, especially when considering the amount of debt China has already racked up. The point isn't for the government to skim 25%, it's to get China…

> US consumers can live without another 42in tv, Chinese can't live without food and they are entirely dependent on importing that food. But they aren't dependent on importing that food from the US. Brazil, Australia, Thailand, Indonesia, Malaysia, Canada and Argentina are all happy to step up and take over for US producers who are now going to see demand fall through the floor and these producers have been preparing…

Soybeans dont grow overnight. The us provides a outsized portion of soybeans for China, there is no short term alternative supplier. Most likely a interim buyer like Singapore or Australia will purchase the soybeans and sell them to china for a markup that's cheaper the the tariff.

Re: White House announces 25 percent tariff on Chinese tech goods

#287

Post by handbanana »

enraged_camel wrote: post #261
handbanana wrote: post #259

Earlier quoted context omitted.

Care to explain your reason for thinking that?

It is actually quite self-explanatory: if an action that is intended to protect one party (US electronics manufacturers) at the expense of another party ends up instead harming the former, then by definition said action is good for no one.

Do you have any references/information showing that it harms the majority of US electronics manufacturers? Just wondering how you came to that conclusion

Re: White House announces 25 percent tariff on Chinese tech goods

#288

Post by DownVoteFuckers »

wintom wrote: post #282
luma wrote: post #28

I guess my earlier comment was too long, so let me provide a shorter version: this action actively harms anyone attempting to design, prototype, and manufacture electronic devices in the US. There isn't a single component in the projects I'm currently working on which isn't impacted by this. My cost of goods just went up by 25% across the board today in an effort to help "protect" American businesses. I don't feel li…

[flagged]

[flagged]

Re: White House announces 25 percent tariff on Chinese tech goods

#289

Post by wintom »

282883392 wrote: post #285
wintom wrote: post #282

Earlier quoted context omitted.

[flagged]

Yes, because China being lower on the developmental scale than the US is a bad thing. Also, copying isn't cheating. Copying/imitating is the free market at work.

Copying isn’t cheating but they have spies in the top tech firms in this country. Everywhere in the world that’s cheating. Stealing confidential proprietary anything anywhere in the modern world will send you to jail, whose sending China to jail?

Donald Trump and your mad about it.

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