• China Decides to Fight Back - Raises Own Tariffs

    From c186282@21:1/5 to All on Fri Apr 4 09:14:43 2025
    XPost: alt.politics, alt.politics.usa, alt.fan.rush-limbaugh

    https://www.dailymail.co.uk/news/article-14571357/China-launches-major-trade-war-response-Trump-tariffs.html

    China will soon impose an additional 34 per cent tariffs
    on all US imports in a retaliatory move that will cause
    prices to skyrocket for American consumers.

    Beijing announced the measure today, the most serious
    escalation in a trade war with Trump that has fed fears
    of a recession and triggered a global stock market rout.

    The new tariff, which comes into effect on April 10,
    matches the rate of the 'reciprocal' 34 per cent levy
    imposed by Donald Trump this week. The levies are in
    addition to the existing tariffs already imposed on
    US goods.

    . . .

    Figured ..........

    Alas the USA isn't nearly in a position to do
    without Chinese products. Five years maybe, but
    not now.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From ltlee1@21:1/5 to All on Fri Apr 4 23:48:54 2025
    XPost: alt.politics, alt.politics.usa

    Just curious.
    What the US could make internationally competitive products in 5 years?

    If dollar depreciation is part of the plan, what would be the exchange
    rate?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From c186282@21:1/5 to All on Fri Apr 4 22:44:32 2025
    XPost: alt.politics, alt.politics.usa, alt.fan.rush-limbaugh

    On 4/4/25 7:48 PM, ltlee1 wrote:
    Just curious.
    What the US could make internationally competitive products in 5 years?

    If dollar depreciation is part of the plan, what would be the exchange
    rate?

    Massive regulation + unions + taxes/fees/licences +
    wage rules + insurance/legal costs + a bunch of other
    things makes it difficult, but not impossible, for the
    USA to make "competitive" products.

    The current admin CAN slack off a bit on those
    drag-down expenses. Not entirely, are not going
    to bring back slave labor, but maybe just ENOUGH
    slack.

    Germany does "ok" with a similar spectrum of drag-
    down issues - so the USA can too.

    The #1 problem here remains the TIME factor. What
    Trump is up to, well, it's a good idea but you have
    to get there from here. Local and foreign industry
    IN the USA cannot pop up overnight. Be it auto
    manufacturing or microchips or chemicals - such
    facilities can take years, and the higher the tech
    the longer the "tune-in" process tends to be.

    So, right IDEA, but on present course the wrong
    APPROACH for reasons politics/law can't change
    very much.

    THIS month - Trump's idea is "disrupt the status-quo".
    So far, so good. The USA is a huge customer of global
    goods and soon foreign biz will HAVE to capitulate to
    a fair degree or face bankruptcy. The old comfy biz
    and trade arrangements were - as Trump says - biased
    heavily towards ripping-off the USA. It HAS to change,
    these ain't the prosperous 50s anymore. If this means
    putting a huge hurt on foreign 'friendly' interests
    then, well, change rarely comes easily.

    But SOME bigger-picture insight is required. SOME of
    what Trump claims to want (it's always 'claims' with
    Trump) is a Can't-Get-There-From-Here proposition in
    the present day.

    Oh, China in particular - authoritarian state that has
    NO prob telling the masses to "suffer - and don't
    complain Or Else". As such it's in a better position
    to hold out longer in this 'war'.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From Siri Cruz@21:1/5 to All on Fri Apr 4 20:11:33 2025
    XPost: alt.politics, alt.politics.usa, alt.fan.rush-limbaugh

    On 4/4/25 19:44, c186282 wrote:
    Massive regulation + unions + taxes/fees/licences +
    wage rules + insurance/legal costs + a bunch of other
    things makes it difficult, but not impossible, for the
    USA to make "competitive" products.

    Increase productivity by treating workers like shit.

    --
    Siri Seal of Disavowal #000-999. Disavowed. Denied. @
    'I desire mercy, not sacrifice.' /|\
    The Church of the Holey Apple .signature 4.0 / \
    of Discordian Mysteries. This post insults Islam. Mohamed

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From useapen@21:1/5 to All on Sat Apr 5 03:56:01 2025
    XPost: alt.politics, alt.politics.usa, alt.fan.rush-limbaugh

    On 4/4/25 19:44, c186282 wrote:
    Massive regulation + unions + taxes/fees/licences +
    wage rules + insurance/legal costs + a bunch of other
    things makes it difficult, but not impossible, for the
    USA to make "competitive" products.

    Increase productivity by treating workers like shit.


    Trump will catch up to China by enslaving Americans and making them
    manufacture things for free.


    His followers will be the first to be put to work.

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)
  • From c186282@21:1/5 to Siri Cruz on Sat Apr 5 01:07:04 2025
    XPost: alt.politics, alt.politics.usa, alt.fan.rush-limbaugh

    On 4/4/25 11:11 PM, Siri Cruz wrote:
    On 4/4/25 19:44, c186282 wrote:
       Massive regulation + unions + taxes/fees/licences +
       wage rules + insurance/legal costs + a bunch of other
       things makes it difficult, but not impossible, for the
       USA to make "competitive" products.

    Increase productivity by treating workers like shit.

    What's new in the world ?

    --- SoupGate-Win32 v1.05
    * Origin: fsxNet Usenet Gateway (21:1/5)