Here's a statement of the obvious: The opinions expressed here are those of the participants, not those of the Mutual Fund Observer. We cannot vouch for the accuracy or appropriateness of any of it, though we do encourage civility and good humor.
Donate through PayPal
The Media Is Lying To You About Trump’s China Tariffs
Since there are other purveyors who can supply commodities, the tariffs applied on them by China may reduce our markets for years.
Probably the most useful tariffs would be on electronics, even though I suspect manufacturing would only move to India or Viet Nam (but I would prefer India to profit instead of China - they are sort of a democracy), since it seems that the electronics manufacturing that returns to the US is largely robotic. If we could only get it all moved to Taiwan, it would be temporarily more secure (I hope). I don't update my cell phone often, so I think I'd be willing to pay $200 more for one made in the US from a reputable company. Apple has made enough billions on the backs of cheap Chinese labor; and all they seem to do is charge top tier prices while keeping their profits off shore.
I do agree that keeping Chinese and Russian (Kaspersky, for example) electronic industries from access to US networks is wise, but that horse may be already out of the barn.
I presume at some point, victory will be declared and the status quo resumed, but Brazil will sell more soybeans and China will sell more electronics and utilize more US-developed technology.
Especially today, as everything is more complex and interrelated than cloth and wine.
@Lawlar's paragraph is simplistic, unfortunately. The calculus of cheap flatscreens and smartphone for all vs damaged families is immensely complex.
This does not exactly address that, being more about FDI (foreign direct investment) than trade as commonly bruited today by the "president", but is interesting for the weedy, a Q&A on China-US relations from a year ago, I think. ICAS-biased, obvs.
Pertinent among other things about the idiocy of win-loss positing.
@Lawlar, the point about FDI added value at around 12-13' might interest you. It is not as onesided as you appear to believe. USA, USA!
IPR violation at ~17'.
Here's the teaser for one of the courses in this area, from 3y ago, but much has changed in the gaseous-sphere, clearly; this was before the last election:
(sorry, not posting right:
put https:// before this, or not
I include it in all of its bogo-drama only because it highlights the issues that need to be delved.
Well thought out post on May 16 - I thank you!
Your May 16 post is referenced to who and what post? thank you.
Where did potus get all &$$