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New US Tariffs are Anti-Maker and Will Encourage Offshoring

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Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#281

Post by gaius »

alkonaut wrote: post #150
ska wrote: post #103

Earlier quoted context omitted.

So you believe that the US is a victim of protectionism in these countries without having protectionism of it's own? That's a pretty hard position to back with evidence. For example US farm subsidies are significant and supply management is common in many areas, but the rhetoric around Canadian dairy supply management recently has been amplified far beyond even it's wildest possible impact. And this with a country wi…

I think farm/dairy is the example where almost all countries have weird tariffs. Which is of course why they are such popular examples. But they are exceptions.

Farming, steel and a few other industries are strategic. A country fails to protect them at its peril.

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#282

Post by echotango »

defertoreptar wrote: post #279
s73v3r_ wrote: post #278

Earlier quoted context omitted.

No, we just don't want to waste our time arguing with someone who very clearly is not doing so in good faith.

> very clearly is not doing so in good faith. I'm confused. What do you mean by that?

He means he disagrees with the people he downvotes. Afterall, anyone acting in good faith would agree with him lol

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#283

Post by echotango »

n1231231231234 wrote: post #168
echotango wrote: post #139

Earlier quoted context omitted.

Yup. Heavily protectionist. Thats exactly how an unbiased economist would characterize US trade policy. Stop watching msnbc dude. The USA became the world's largest evonomy with massive tariffs on basically all imports. Smoot Hawley Act anyone? Those were removed gradualy starting in the 1970's and lo and behold the trade deficit sky rocketted while the manufacturing economy plummeted.

i cannot see how the US has no/fewer/lower tariffs than their trading partners. here are some numbers for US-EU trade: https://www.statista.com/statistics/547412/average-eu-and-us... and here's an article arguing why there's no US-EU trade deficit, in German, though: http://www.sueddeutsche.de/wirtschaft/handelsstreit-usa-eu-h... what they argue for: sure, looking at goods, there's a deficit for the US. But once you…

Could you explain what services, primary and secondary income mean in this context and why they matter? Im sorry I don't read German.

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#284

Post by cdiddy2 »

baybal2 wrote: post #29
hugh4life wrote: post #12

I'm neutral on the tariffs, I am(or was) actually excited about China getting into the memory market to help keep the other memory makers honest... but it's important to have an alternative source of those components in case there would be trouble between the US and China. There needs to be a way to nudge businesses to have a source of components out of China.

> it's important to have an alternative source of those components in case there would be trouble between the US and China. Except there is none...

cough cough south china sea

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#285

Post by oldsklgdfth »

passthefist wrote: post #273
psergeant wrote: post #178

Earlier quoted context omitted.

> So.. Extra tariffs will bring extra tax revenue In the short term. In the long term, that’s far from clear. The world economy is rather different now than it was when America was a fledgling economy being exploited by the Brits

And I've seen some articles/papers suggesting that protectionist policies can make sense for an emerging/developing economy to make sure that established/developed economies don't usurp that growth by blocking them from moving up the value chain. So it may have been good policy back when America was a fledgling economy being exploited by the Brits.

I believe that is the way that S.Korea developed it's economy. Specifically, they raise tariffs on automobiles to boast their own automotive industry.

I think this book explains that: https://www.amazon.com/Bad-Samaritans-Secret-History-Capital...

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#286

Post by RandomTisk »

pjc50 wrote: post #167
adventured wrote: post #159

Earlier quoted context omitted.

Why would that trust be necessary? It very clearly isn't. Which is not the same as arguing that trust can't be valuable or critical in international relationships depending on the context. China has gone from a $1 trillion to a $13 trillion economy in 20 years, with vast barriers to trade (into their country) and extreme domestic protectionist policies (eg barring majority domestic business ownership, and most foreig…

> The fact is, all nations should pursue their self interest. This leads to hugely destructive wars. The history of the post-war order has been trying to build common interest through multilateral institutions.

Nonsense. Self-interest != hostility.

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#287

Post by ubertakter »

kop316 wrote: post #74
paulie_a wrote: post #61

Earlier quoted context omitted.

This is completely off topic, but I will never buy another Samsung appliance or anything anymore. Great hardware but shit software...my refrigerator should not need to reboot.

I actually just replaced a 3 year old Samsung Electric Dryer. The heat was no longer working, and I suspect it was the heating element. To access the heating element required me to: - Take off the control board - Take off the entire top of the dryer - Take out the door - Take out the Front panel - Take out the drum I only figured this out after finding a service manual, as I did not want to risk destroying a dryer to…

Continuing in to off-topic-ness, I had to replace the heater element on our Samsung dryer at about 6 years of age or so. It wasn't hard, but I have really good mechanical aptitude (for lack of a better way to put it). I think you should have attempted disassembly yourself (without buying the heater element first), just to see if it was actually hard to do. You might have surprised yourself.

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#288

Post by moorhosj »

mcguire wrote: post #263
digitalzombie wrote: post #22

Earlier quoted context omitted.

I disagree. Wavepool, Maytag, etc.. Americans washer and dryer cloth machines pushed for Tariff from the Obama administration to fight against Samsung and other. The tariff target machine coming out from specific countries so Samsung and other moved to other South Eastern companies such as Vietnam. So the American companies pushed for tariff for all incoming washing machine that aren't American. Trump administration…

Basing your current economic decisions on Adam Smith is akin to saying, "Why do we need traffic laws? No one wants to hit anyone else."

Dismissing history’s most recognized economist out-of-hand seems like you have already decided the answer before hearing the arguments.

Edit to add: Michael Porter (one of the most influential living economists) made is career studying the economic theory of competitive advantage.

"clusters: critical masses—in one place—of unusual competitive success in particular fields."

Link: https://hbr.org/1998/11/clusters-and-the-new-economics-of-co...

Re: New US Tariffs are Anti-Maker and Will Encourage Offshoring

#290

Post by tinus_hn »

IanDrake wrote: post #269
tinus_hn wrote: post #254

Earlier quoted context omitted.

Earning respect starts by behaving respectably.

I don’t disagree. To be belligerent when there is no need isn’t helpful. Trump is certainly guilty of that. But willingness to turn your rhetoric into action is more important so that others understand that you mean what you say. For example, if you say nice things, but demonstrate that you don’t mean what you say, then what do all those nice things you said amount to? Nothing.

I’ll concede that Trump indeed doesn’t say nice things. But there is little point in understanding what he says because tomorrow he could just as well say the complete opposite. Most of it is just empty posturing anyway so there isn’t a lot to understand.

I think most countries are just trying to shield themselves from his damage until his term ends.

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