Notices

Serious Debates & News Debate and discussion about political, moral, philosophical, celebrity and news topics.

Reply
 
Thread Tools Search this Thread Display Modes
Old 10-05-2019, 08:40 AM #1
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default President Trump increases tariffs on thousands of Chinese products

Internet modems, furniture,
lighting products, car parts,
vacuum cleaners and building materials
are all affected by the hike.
Donald Trump has increased tariffs
on $200bn (£153bn) of Chinese
imports - heightening tensions with Beijing.
The tariff hike came despite
American and Chinese negotiators meeting
for last-ditch talks in Washington on Thursday.
Import taxes on products from
5,700 categories rose from
10% to 25% at 12.01am Washington time
(5.01am UK time).



China needs to back down
and negotiate a deal with President Trump.

https://news.sky.com/story/us-china-...riffs-11715875
arista is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 10:03 AM #2
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

All that happens with this, is that the Chinese increase the costs of these things to avoid a loss in profit, which means the American people pay for them, so these tariffs are basically an extra tax for Americans to pay.

He's killing farming in the US with his tariffs in that industry, it's so bad the government is now having to subsidise farmers to help them throuh the trade war their own government created.

Chinese are making more money on their products and the people of the us pay for it, so explain how this forces China to the negotiating table.
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 10:09 AM #3
Livia's Avatar
Livia Livia is offline
שטח זה להשכרה
 
Join Date: Jun 2010
Location: Brasov, Transylvania
Posts: 31,095


Livia Livia is offline
שטח זה להשכרה
Livia's Avatar
 
Join Date: Jun 2010
Location: Brasov, Transylvania
Posts: 31,095


Default

I never knowingly buy anything Chinese. I know there are hidden components in things that probably were made in China... but I would never buy a product marked made in China. I'm very choosy over which regimes I send money to.
Livia is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 10:18 AM #4
bitontheslide's Avatar
bitontheslide bitontheslide is offline
self-oscillating
 
Join Date: Jul 2014
Posts: 45,261

Favourites:
BB2023: Noky
BB19: Sian


bitontheslide bitontheslide is offline
self-oscillating
bitontheslide's Avatar
 
Join Date: Jul 2014
Posts: 45,261

Favourites:
BB2023: Noky
BB19: Sian


Default

Trump has shown that he doesnt understand the simplest of economics around trade tariffs so it's a bit of a non starter really. I do think China have had it too easy for too long, so something had to be done about them, but i'm not sure sending the world into recession (which these tariffs will do) is the smartest solution.

Just to explain a little further, the world needs China to be in a position of growth to avoid recession, because it is it's economy that drives growth on the worlds. If China's economy shrinks ... we end up in recession. Simple economics.

Last edited by bitontheslide; 10-05-2019 at 10:26 AM.
bitontheslide is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 10:31 AM #5
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default

Quote:
Originally Posted by bitontheslide View Post
Trump has shown that he doesnt understand the simplest of economics around trade tariffs so it's a bit of a non starter really. I do think China have had it too easy for too long, so something had to be done about them, but i'm not sure sending the world into recession (which these tariffs will do) is the smartest solution.

Just to explain a little further, the world needs China to be in a position of growth to avoid recession, because it is it's economy that drives growth on the worlds. If China's economy shrinks ... we end up in recession. Simple economics.

Yes we are close to that
And Germany
arista is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:00 PM #6
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

When the government subsidises industry, that's the socialism that they all rail against. Are you for Trumps socialist policies, Arista?

__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:12 PM #7
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default

Quote:
Originally Posted by The Slim Reaper View Post
When the government subsidises industry, that's the socialism that they all rail against. Are you for Trumps socialist policies, Arista?


Yes I am
Slim
arista is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:30 PM #8
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

Quote:
Originally Posted by arista View Post
Yes I am
Slim
Why didn't you highlight the socialist part? You do understand what he's doing is socialism, right?
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:33 PM #9
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default

Quote:
Originally Posted by The Slim Reaper View Post
Why didn't you highlight the socialist part? You do understand what he's doing is socialism, right?

No I fully understand socialism
that's why Labour lost the UK General Election
in 1979.
arista is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:41 PM #10
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

Quote:
Originally Posted by arista View Post
No I fully understand socialism
that's why Labour lost the UK General Election
in 1979.
I don't even know what you mean there, my friend.
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:45 PM #11
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default

Quote:
Originally Posted by The Slim Reaper View Post
I don't even know what you mean there, my friend.

A Example of Socialism
and why it does not work
arista is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:48 PM #12
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

Quote:
Originally Posted by arista View Post
A Example of Socialism
and why it does not work
But you support this socialist policy from Trump, which is paid by taxpayers to cover up his complete misunderstanding of tariffs and how they work.
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:54 PM #13
Oliver_W's Avatar
Oliver_W Oliver_W is offline
POW! BLAM!
 
Join Date: Feb 2015
Location: Bill's Secret Garden
Posts: 15,939

Favourites (more):
BBCanada 8: Chris
Apprentice 2019: Lottie


Oliver_W Oliver_W is offline
POW! BLAM!
Oliver_W's Avatar
 
Join Date: Feb 2015
Location: Bill's Secret Garden
Posts: 15,939

Favourites (more):
BBCanada 8: Chris
Apprentice 2019: Lottie


Default

Pfft. He's usually been good for the wallets of Joe Public with generally lower taxes and stuff, this ain't a good move.
__________________


Oliver_W is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 02:59 PM #14
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

Quote:
Originally Posted by Oliver_W View Post
Pfft. He's usually been good for the wallets of Joe Public with generally lower taxes and stuff, this ain't a good move.
Joe public are actually worse off under Trump. His tax cut was for the wealthy, and the recent tax fillings from those not at the top highlight this as a fact.
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:02 PM #15
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default

Quote:
Originally Posted by The Slim Reaper View Post
But you support this socialist policy from Trump, which is paid by taxpayers to cover up his complete misunderstanding of tariffs and how they work.

Its a Necessary Funding
arista is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:03 PM #16
Toy Soldier Toy Soldier is offline
-
 
Join Date: Jul 2013
Posts: 30,350


Toy Soldier Toy Soldier is offline
-
 
Join Date: Jul 2013
Posts: 30,350


Default

Quote:
Originally Posted by arista View Post
Its a Necessary Funding
It's necessary government funding to keep farmers afloat. That is a socialist policy...
Toy Soldier is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:04 PM #17
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

Quote:
Originally Posted by arista View Post
Its a Necessary Funding
So why is it necessary?
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:04 PM #18
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default

Quote:
Originally Posted by The Slim Reaper View Post
So why is it necessary?

USA Farmers matter
arista is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:07 PM #19
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

Quote:
Originally Posted by arista View Post
USA Farmers matter
Then why did he introduce tariffs in the first place? Anyone who knows anything about this, understands a trade war only forces your own citizens to pay more tax.

Remember on the campaign trail when he said "trade wars are so easy to win" How do you think that is working out for him?
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:28 PM #20
parmnion's Avatar
parmnion parmnion is offline
Senior Member
 
Join Date: Jun 2009
Location: scotland
Posts: 41,477

Favourites (more):
BB2023: Hallie
BB18: Deborah


parmnion parmnion is offline
Senior Member
parmnion's Avatar
 
Join Date: Jun 2009
Location: scotland
Posts: 41,477

Favourites (more):
BB2023: Hallie
BB18: Deborah


Default

Quote:
Originally Posted by The Slim Reaper View Post
All that happens with this, is that the Chinese increase the costs of these things to avoid a loss in profit, which means the American people pay for them, so these tariffs are basically an extra tax for Americans to pay.

He's killing farming in the US with his tariffs in that industry, it's so bad the government is now having to subsidise farmers to help them throuh the trade war their own government created.

Chinese are making more money on their products and the people of the us pay for it, so explain how this forces China to the negotiating table.




https://www.google.com/amp/s/amp.ft....c-6eeb837566c5
parmnion is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:29 PM #21
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

Quote:
Originally Posted by parmnion View Post
I can't see what that says. Any chance you can post it in, please? Cheers.
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:32 PM #22
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default

Quote:
Originally Posted by The Slim Reaper View Post
Then why did he introduce tariffs in the first place? Anyone who knows anything about this, understands a trade war only forces your own citizens to pay more tax.

Remember on the campaign trail when he said "trade wars are so easy to win" How do you think that is working out for him?

Yes
Trade Wars
he likes.

Markets Down

Markets Up


Life In The City.
arista is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:37 PM #23
parmnion's Avatar
parmnion parmnion is offline
Senior Member
 
Join Date: Jun 2009
Location: scotland
Posts: 41,477

Favourites (more):
BB2023: Hallie
BB18: Deborah


parmnion parmnion is offline
Senior Member
parmnion's Avatar
 
Join Date: Jun 2009
Location: scotland
Posts: 41,477

Favourites (more):
BB2023: Hallie
BB18: Deborah


Default

Quote:
Originally Posted by The Slim Reaper View Post
I can't see what that says. Any chance you can post it in, please? Cheers.
Refresh the page on the link it should work then, it did for me.
parmnion is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 03:42 PM #24
The Slim Reaper's Avatar
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
The Slim Reaper The Slim Reaper is offline
Oh no, I'm English
The Slim Reaper's Avatar
 
Join Date: Nov 2017
Location: In MS Paint on your desktop
Posts: 12,881
Default

Quote:
Originally Posted by parmnion View Post
Refresh the page on the link it should work then, it did for me.
Doesn't work.
__________________
The Slim Reaper is offline   Reply With QuoteReply With Quote
Old 10-05-2019, 04:06 PM #25
arista's Avatar
arista arista is offline
Senior Member
 
Join Date: May 2006
Posts: 165,081
arista arista is offline
Senior Member
arista's Avatar
 
Join Date: May 2006
Posts: 165,081
Default

Quote:
Originally Posted by parmnion View Post
Refresh the page on the link it should work then, it did for me.


FT site
YOU have to PAY
arista is offline   Reply With QuoteReply With Quote
Reply

Bookmark/share this topic

Tags
chinese, increases, president, products, tariffs, thousands, trump

Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off

Forum Jump


All times are GMT. The time now is 04:57 AM.

Powered by vBulletin® Version 3.8.11
Copyright ©2000 - 2024, vBulletin Solutions Inc.
 

About Us ThisisBigBrother.com

"Big Brother and UK Television Forum. Est. 2001"

 

© 2023
no new posts