Trump's Trade Follicy

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Volkonski
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Re: Trump's Trade Follicy

#2026

Post by Volkonski » Fri Jul 12, 2019 12:56 pm

So much winning. ;)

China imports from US plunge 31% in June amid tariff war

https://abcnews.go.com/Business/wireSto ... r-64286836
Imports of U.S. goods fell 31.4% from a year earlier to $9.4 billion, while exports to the American market declined 7.8% to $39.3 billion, customs data showed Friday. China's trade surplus with the United States widened by 3% to $29.9 billion, potentially giving its critics ammunition to demand Washington take a hard line with Beijing.
Image“If everyone fought for their own convictions there would be no war.”
― Leo Tolstoy, War and Peace

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Notorial Dissent
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Re: Trump's Trade Follicy

#2027

Post by Notorial Dissent » Fri Jul 12, 2019 2:35 pm

Yes, winning so ever bigly.....
The fact that you sincerely and wholeheartedly believe that the “Law of Gravity” is unconstitutional and a violation of your sovereign rights, does not absolve you of adherence to it.

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RTH10260
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Re: Trump's Trade Follicy

#2028

Post by RTH10260 » Fri Jul 12, 2019 3:48 pm

Speculative: how high would tariffs on Chinese goods need to be set to discourage the US markets form purchasing ?

TYOP woulf wuff wuff

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Dan1100
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Re: Trump's Trade Follicy

#2029

Post by Dan1100 » Fri Jul 12, 2019 4:10 pm

RTH10260 wrote:
Fri Jul 12, 2019 3:48 pm
Speculative: how high woulf tariffs on Chinese goods need to be set to discourage the US markets form purchasing ?
I don't think you can make a general number. Every commodity would be different.

There would be 2 factors. How much would it cost to get the commodity someplace else (if you can get it someplace else) and the elasticity of demand for the commodity.
"Devin Nunes is having a cow over this."

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Addie
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Re: Trump's Trade Follicy

#2030

Post by Addie » Tue Jul 16, 2019 11:26 am

Business Insider: Trump's trade war appears to be costing the US more money than it's saving

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