Sorry man but your sample size of 1 is literally irrelevant to the actual stats. German cars IN EUROPE are reliable and good quality cars, unless you don't take any care of it, which in that case it's really your fault. German cars IN THE US are complete garbage because they're not really german cars, they're american cars with german badges.
Literally tariffs with an extra step.
So protectionism?? :vnew regulations that favor domestic markets
Do you think Trump is the first president to try to deal with China. I'm sure I already discussed this with you, but Obama tried pursuing through all the correct steps via the WTO and China just decided to not give a fuck and to this day China still doesn't comply to its 18 year old obligation to fully open its markets to credit card companies. There is a congressional report that is done every year about China's compliance to its WTO obligations, I'm on the phone so look it up.The thing is tariffs are your nuclear weapons they should always be last resort after years of negotiation, the Trump administration has no patience for the process.
- - - Updated - - -
Do you think agreements should be enforced??
I also have alot friends and family with terrible german cars in the past.
Audi A3 is a good example, alot of people love them and alot really hate that car. Same goes for the BMW 3er.
Iam german btw and thats why i hear alot storys about this.
Overall german cars are great when you got the money but the good old 70-90s level of quality is long gone.
If you own a Bentley you dont care about that.
If you own a Porsche it depends on your model. Also you dont drive a Porsche all the year, so its abit cheaper ^^.
Last edited by Miyagie; 2018-07-08 at 01:33 AM.
Tariffs are not quotas because they have no direct punitive effects and yes protectionism but more soft handed you don't reach for the big guns. You are familiar with the carrot and stick approach right?
Each administration comes with new staff and priorities you basically start from square one with negotiations, trade negotiations are long processes and not done over twitter.Do you think Trump is the first president to bring it up with China. I'm sure I already discussed this with you, but Obama tried pursuing through all the correct steps via the WTO and China just decided to not give a fuck and to this day China still doesn't comply to its 18 year old obligation to fully open its markets to credit card companies. There is a congressional report that is done every year about China's compliance to its WTO obligations, I'm on the phone so look it up.
Quotas are literally called Tariff rate quotas dude. There are tariffs once you pass the limit set by the quota.
Regulations are far more big-gunn-y than tariffs. Buy American laws are technically regulations but they are far more protectionist than a tariff would be on the same products.and yes protectionism but more soft handed you don't reach for the big guns. You are familiar with the carrot and stick approach right?
So each administration should try to negotiate with an actor who clearly is not interested in good faith negotiations and has shown that it never bothers to complies with agreements?? The definition of stupidity is....Each administration comes with new staff and priorities you basically start from square one with negotiations, trade negotiations are long processes and not done over twitter.
- - - Updated - - -
We are making progress. What do you think should be done when someone doesn't comply with agreements??
Last edited by Nalera; 2018-07-08 at 01:47 AM.
You band together with allies and reinforce your position via diplomacy and soft power. In China's case, there are a variety of ways to do that. Say, by signing a large trade agreement with most of its neighbors and other countries in the Pacific which would limit China's capacity for economic expansion and serve as a bargaining chip. We could call it the Trans-Pacific Partnership, and Trump could sig- oh wait.
Oh well, at least the US can count on having allies remaining on the trade front since they didn't decide to carpet bomb everyone with tariffs on the President's capricious whi- oh dear.
Well yeah, if you burn bridges like that, all you have left is tariffing and hoping the other guy blinks first. Funny how stupid decisions and not considering alternatives has consequences and forces you into non-ideal scenarios.
Trump is probably infinitely more intelligent when it comes to trade than you. TPP would NEVER limit trade with the US which is the root cause of the trade deficits. China puts almost all the money it get through trade surplusses into American debt, devaluing their currency while increasing their production and creating millions of jobs, while the past presidents have done nothing and hurt America tremendously.
The 2000s called, it wants its policy back.
Yeah, I agree Trump is an idiot by putting tariffs on allies.Oh well, at least the US can count on having allies remaining on the trade front since they didn't decide to carpet bomb everyone with tariffs on the President's capricious whi- oh dear.
That certainly explains the tariffs on every country that isn't China, doesn't it.
And the point isn't that TPP would solve the situation by its lonesome. The point is that China needs more customers than the US and the potential of throttling their expansion is infinitely worse for their economy than tariffs on goods that will still be cheaper than the ones made elsewhere and thus will still be bought by American consumers since the entire reason these products are popular is because they are magnitudes cheaper than American or European-made ones, and by far more than 10 or even 25%. Trump knows that, it's why he makes his MAGA hats there.
Tariffs? China will eat them up and won't blink first because it is all but immune to popular pressure apart from the most dire circumstances, while the President of the US is not. They will wait it out until the next head honcho comes around with another strategy, and if the US starts to lose jobs or face more expensive products it's Trump's head on the chopping block.
As for its currency, China is already known to doctor its economic performances heavily. They can do the same to their currency and won't need the excuse of the American debt they control. That last point is also moot since the Americans don't want the Chinese to cash out on the debt and the Chinese will never do it anyway because there are limits to what even they can do in terms of currency manipulation.
American cars are in decline. Not even worth taxing anymore.
Resident Cosplay Progressive
Your a moron who doesn't understand economics. If you put tariffs on every country but say Canada. Then China will just dump steel & aluminum in Canada. And if these "allies" didn't put 10% tariffs vs 2.5%, in other words traded "fairly" then Trump would not have to result to these measures. And btw China is not an ally they are unbelievable competitive and industrious and China has more than a 300 BILLION dollar surplus with America, and they have the audacity to put 25% duties on American cars. The US will not last long running near trillion dollar trade deficits and that's a fact.
- - - Updated - - -
Are you dense? The EU charges 10 percent tariffs on cars from the US while we charge 2.5%. So the US must be the only country that trade freely without tariffs? what kind of moron are you.
- - - Updated - - -
Once again you know nothing about economics, China dumps more steel & aluminum than any country. Dumping means you sell the product at a lower price then it takes to manufacture, the only reason you would ever do something like that is to hurt your competition and drive them out of the market. And if tariffs are levied in every country but one then they will just dump their steel in that country, stop watching CNN and MSNBC please. America doesn't need TPP to trade more, it needs to trade less, with countries who run up massive trade deficits, you think Trump is putting tariffs on countries so he can trade more? Do you even know what a tariff is.
The idea that trade deficits are suddenly the death-knell for an economy is really stupid to me.
Yeah, you got a deficit. It's a bad word that sounds bad, oh noes. So what? Trade is hardly the be-all and end-all of economic measures. Some types of economic activity (say, manufacturing vs service economy) generate more trade but that doesn't mean they generate more wealth or jobs.
That doesn't mean it's not an issue, but it is hardly an all-important one. Let the Chinese pad their currency and export cheap shit, which will be in jeopardy soon anyway as wages start to go up in that country. Be more worried about their widespread intellectual property theft and their rising global influence, because that's what makes them a danger to America.
And be secure in the fact that the US having a practical stranglehold on the global financial market grants it far, far more economic power than any amount of trade balance surplus ever will. At least unless Trump pisses away the soft power that partly allows that to happen.
If I were the EU, I'd seriously make Trump hurt by coordinating between several countries select tariffs that were designed to be specifically punitive to industries in red states, but only marginally punitive to blue states. (Trump would likely appreciate the latter) The swiftest kick in the ass to his support would be to hurt those that voted for him rather than against him. The only people who can put pressure on Trump to alter his position is his fanatical base and that just won't happen without hitting them right in the pocket books,.