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The Forum > Article Comments > The Trump tariff fallacy > Comments

The Trump tariff fallacy : Comments

By Murray Hunter, published 12/11/2024

With trade deficits between many Asian countries and the United States, there are possibilities many countries may be targeted if Trump's objectives are to reduce bilateral deficits.

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Tariffs are the minor problem I would think: What about calling the trade with China a straight forward rip-off by retailers!

Here is a Chinese 200 HP Mercury outboard motor selling in China for Au$1.140; retail price in Australia for that motor is around Au$12-14.000.
http://www.aliexpress.com/item/1005008058944294.html?spm=a2g0o.productlist.main.1.2c5c461fRoJocS&algo_pvid=5ef1f52b-9cda-4bcb-8319-7ed23c616b3a&algo_exp_id=5ef1f52b-9cda-4bcb-8319-7ed23c616b3a-0&pdp_npi=4%40dis%21AUD%211150.48%211150.48%21%21%214554.56%214554.56%21%402103246417313671436018922e1028%2112000043488037620%21sea%21AU%210%21ABX&curPageLogUid=PewNCbzJaPnJ&utparam-url=scene%3Asearch%7Cquery_from%3A

More Trump bashing.
Posted by diver dan, Tuesday, 12 November 2024 9:29:39 AM
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Perhaps the greedy US companies taking advantage of cheap labour in China (even slave labour?) should return to America and employ Americans who actually buy their stuff.

The “real problem” is the fact that China was allowed into the WHO, the rules of which it constantly flouts, in the first place, by America in a Democrat phase.

“As a result, manufacturing jobs dried up in the US”: and they never came back. And they won't, as long as greedy people not needing the jobs themselves continue to be greedy and uncaring of what happens to the battlers.

America’s and the West in general are entirely to blame. The idea of democracy jogging along with communism was bloody stupid, to put it mildly.

If anyone could fix the problem it would be Trump. But the West has debased itself, kowtowed to a Communist dictatorship for too long for even him to repair the damage.
Posted by ttbn, Tuesday, 12 November 2024 10:35:25 AM
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Let’s stick to present examples:

China still produces two stroke outboard motors for sale in China, as cheap as chips, which we in Australia cannot access due to climate change idiocy appearing as emissions controls.

If we as consumers could access the huge benefits of cheap Chinese mass production honestly, which I’ve outlined here, we cannot, then tariffs on Chinese made goods could be applied without pain: However, as things stand, tariffs on top of retail extortion, further reduces the benefits of jobs driven by private enterprise, adding unnecessary costs for business operations.
Posted by diver dan, Tuesday, 12 November 2024 2:52:04 PM
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Do you really think China has any hope of recovery in any form than an open democracy. The west made China a power house of manufacture.
Those days have finished. No one will ever trust China as is again.
The days of globalism have finished the only one globalism aided was China at the expense of the western world.
Tariffs are the only equaliser,
The regime in China are the only ones left with income. Citizens driven back to poverty, Military cannot be paid in full.
We need to turn iron ore into billet steel instead selling dirt and buying it back as cheap rubbish.
Posted by doog, Tuesday, 12 November 2024 7:18:53 PM
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