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Trade War Has Damaged U.S. Chip Industry

nytimes.com

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Re: Trade War Has Damaged U.S. Chip Industry

#61

Post by BOOSTERHIDROGEN »

wrong_variable wrote: post #24
bhouston wrote: post #16

I am pretty sure that China is going to take a temporary hit but in the end they will emerge stronger than ever. I think China will also redouble on their efforts to be full self-sufficient in all high tech areas, even if they have to open up for a sanction relief deal, their population will so favor local competitors, that it won't matter. China's rise will continue and dominant until their demographic bubble bursts…

Tin Foil Level = Expert China is preparing to allow massive amount of immigration from neighboring Muslim countries. I have been following local news in Pakistan, Afghanistan, Malaysia. The Chinese leadership is well aware of their demographic cliff problem, this is why they relaxed their one child policy. A single generation ago they were freaking out about over population, so they are not anywhere near running out…

I’m curious, any references ?

Re: Trade War Has Damaged U.S. Chip Industry

#62

Post by paulie_a »

ptah wrote: post #11
pjc50 wrote: post #9

This is the thing that economists have been pointing out for decades: at the country scale, allowing free trade provides productivity benefits to both sides, and restricting it affects both sides. You can't have a trade war without domestic casualties. What's crazier is that the strategy of economically integrating China with the world was a Rebublican economic-liberal one to start with. The plan was to make the rest…

i think from china's perspective "providing markets for American companies" is a form of colonialism which they try to mitigate by forcing IP transfer

It's not like China respects IP anyways.

Re: Trade War Has Damaged U.S. Chip Industry

#64

Post by ThomPete »

jjoonathan wrote: post #54
ThomPete wrote: post #48

Earlier quoted context omitted.

But new IP is being created. Just because the other presidents didn't act in time, doesn't mean we should continue letting China dominate by basically operating as a mafia organization while still being defined as a developing nation. That's absolutely absurd.

China can make new IP too. Our big advantage was our head start and we blew it. I'd love to be wrong. As for letting China continue to reap the benefits of being defined as a developing nation, yes, that's absurd, and also needed to stop 10-20 years ago.

Our big advantage is our free and open markets. It's not a question about whether we blew it the question is what are we going to do about it.

Letting China win this with their mafia-like government, where there is no rule of law only rule of the party, is simply not an option.

Right now the biggest challenge is the western politicians who hate Trump so much they don't care if they help the Chinese. Anything to get him down.

But yeah I agree that it's definitely late in the game. We can still win this though.

Re: Trade War Has Damaged U.S. Chip Industry

#65

Post by tomp »

dproblem wrote: post #41

[flagged]

I don't understand why dproblem's reply is not just downvoted, but flagged... Literally Trump's doing nothing else that retaliating to China's own trade war that they've been waging for the past decade+... Except within a much more powerful and ruthless political system.

Re: Trade War Has Damaged U.S. Chip Industry

#67

Post by hugi »

dractori wrote: post #57
saiya-jin wrote: post #47

Earlier quoted context omitted.

The Blonde's administration and open support for barbaric regimes and murderers like Saudi prince, Erdogan etc. does much more evil in this world than what China did in last 10 years. Even if it would be equal, US can't have any moral high ground in today's world. They could fix tons of problems if they really wanted. But in reality Russians had to enter fight with ISIS to actually make a change. Makes you wonder if…

China has over a million people in concentration camps right now https://en.wikipedia.org/wiki/Xinjiang_re-education_camps

And the US seems to really envy them, getting off to a slow start with just a few measly Mexican kids in their camps.

Re: Trade War Has Damaged U.S. Chip Industry

#68

Post by wbl »

tekkk wrote: post #38
pjc50 wrote: post #9

This is the thing that economists have been pointing out for decades: at the country scale, allowing free trade provides productivity benefits to both sides, and restricting it affects both sides. You can't have a trade war without domestic casualties. What's crazier is that the strategy of economically integrating China with the world was a Rebublican economic-liberal one to start with. The plan was to make the rest…

Well sure American and other companies have tried to gain market share in China, but China has effectively stifled a lot of foreign competitors from entering. So it's not very symmetric free trade with China, therefore giving some justification for this silly trade war. It's understandable though from China's perspective, that they aren't willing to give up important strategic sectors like social media or internet se…

And the right way to out pressure on China would be to get a bunch of countries to update WTO and GATT to include these kinds of services. Instead Trump went it alone after alienating everyone else. How is that supposed to work?

Re: Trade War Has Damaged U.S. Chip Industry

#69

Post by wbl »

ThomPete wrote: post #18
pjc50 wrote: post #9

This is the thing that economists have been pointing out for decades: at the country scale, allowing free trade provides productivity benefits to both sides, and restricting it affects both sides. You can't have a trade war without domestic casualties. What's crazier is that the strategy of economically integrating China with the world was a Rebublican economic-liberal one to start with. The plan was to make the rest…

There was not free trade before though. We allowed China access to our markets, they didnt return the gesture. So econmists are wrong. You can have a perfectly unfree market and still posper, all you have to do is to convince other other nations to ignore the obvious mafia like behavior. This is both a democrats and republican making. Trump is right about this war even if it will cost some, in the long run we are bet…

That's not true. Both China and the US had WTO commitments. What is true is China had cheaper labor then the US and succeeded in attracting manufacturing.

Re: Trade War Has Damaged U.S. Chip Industry

#70

Post by tinus_hn »

ohlookabird wrote: post #45
goodside wrote: post #39

Earlier quoted context omitted.

Domestic steel and coal production, which is why Trump is uniquely popular in the rural areas surrounding Pittsburgh.

I am not so sure about that. These are graphs for steel production in the US: https://tradingeconomics.com/united-states/steel-production Looking at 5 years or more there doesn't seem to be such big increase in steel production. And coal is in decline: https://tradingeconomics.com/united-states/industrial-produc... Also I read quite a few articles over the last year about closing down of coal mines, mainly in PA and…

Some people just vote for the person with the best-sounding promises. Results matter less than you might think.
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