China Tariffs

cawacko

cawacko

Well-known member
The tariffs we put on China during the Trump years were obviously a big deal. While they had some support, many recognized they hurt American businesses and consumers. Can someone with a better understanding of the tariffs than I explain what the Biden Administration view has been to them? Because as I read it, they've kept many of them in place (when he has the power to remove them). Is there some long game he is playing by keeping them?

I think the tariffs themselves, unfortunately, weren't all that unpopular rather many people didn't like them because it was Trump doing it. And now that he's out of office people stopped talking/complaining about them. But I could be wrong, wouldn't be the first time.
 
cawacko said:
The tariffs we put on China during the Trump years were obviously a big deal. While they had some support, many recognized they hurt American businesses and consumers. Can someone with a better understanding of the tariffs than I explain what the Biden Administration view has been to them? Because as I read it, they've kept many of them in place (when he has the power to remove them). Is there some long game he is playing by keeping them?

I think the tariffs themselves, unfortunately, weren't all that unpopular rather many people didn't like them because it was Trump doing it. And now that he's out of office people stopped talking/complaining about them. But I could be wrong, wouldn't be the first time.
Click to expand...

Partially true, the GOP attacked the ACA relentless yet in twelve years, even with the power, never did anything substantial to end it, again political. Plus I believe that some didn’t like the melodramatic theme Trump conveyed with the initiating the tariffs, good guys/bad guys thing,

More complicated than just ending tariffs, Biden attempted to use the tariffs as incentives (https://www.cnn.com/2022/01/26/politics/china-tariffs-biden-policy/index.html), (https://www.forbes.com/sites/zachar...trump-era-china-tariffs-to-counter-inflation/)
 
cawacko said:
The tariffs we put on China during the Trump years were obviously a big deal. While they had some support, many recognized they hurt American businesses and consumers. Can someone with a better understanding of the tariffs than I explain what the Biden Administration view has been to them? Because as I read it, they've kept many of them in place (when he has the power to remove them). Is there some long game he is playing by keeping them?

I think the tariffs themselves, unfortunately, weren't all that unpopular rather many people didn't like them because it was Trump doing it. And now that he's out of office people stopped talking/complaining about them. But I could be wrong, wouldn't be the first time.
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no they didnt hurt busines and consumers.
most of the costs were absorbed by importers/exporters.

You gotta get with fair trade -not free trade..aint nothing free with China
 
We can avoid tariffs simply by having them buy and cook the food over here.
I don't pay tariffs at Kowloon, although I do tip well.
Asian broads do that to this dirty old man.
 
cawacko said:
The tariffs we put on China during the Trump years were obviously a big deal. While they had some support, many recognized they hurt American businesses and consumers. Can someone with a better understanding of the tariffs than I explain what the Biden Administration view has been to them? Because as I read it, they've kept many of them in place (when he has the power to remove them). Is there some long game he is playing by keeping them?

I think the tariffs themselves, unfortunately, weren't all that unpopular rather many people didn't like them because it was Trump doing it. And now that he's out of office people stopped talking/complaining about them. But I could be wrong, wouldn't be the first time.
Click to expand...

Sucking up to unions. Not because he believes in them. Just for the campaign money.
 
Theywillneverlearn! said:
Sucking up to unions. Not because he believes in them. Just for the campaign money.
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He did vow to be the most union friendly President ever. And unions are definitely fans of tariffs, including these Chinese tariffs. So what you say makes sense.

Politics always makes for strange bedfellows and this is no exception. So here you have Trump passing these tariffs, when traditionally Republicans have been more for free trade (anti-tariffs), that the Unions love and you have Democrats, who traditionally have been the party of Unions and supportive of what Unions want, complaining about the tariffs.
 
cawacko said:
He did vow to be the most union friendly President ever. And unions are definitely fans of tariffs, including these Chinese tariffs. So what you say makes sense.

Politics always makes for strange bedfellows and this is no exception. So here you have Trump passing these tariffs, when traditionally Republicans have been more for free trade (anti-tariffs), that the Unions love and you have Democrats, who traditionally have been the party of Unions and supportive of what Unions want, complaining about the tariffs.
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As I noted, it is a bit more complicated:

“Trump and Chinese President Xi Jinping came to a truce at the beginning of 2020, signing what’s known as the Phase One agreement. It reduced the rate of some of the tariffs, but left them in place, and China agreed to increase its purchases of US goods and agricultural products – setting an ambitious target of buying $200 billion more than it did before the trade war began.”

“China has failed to meet those targets. It’s on track to purchase only 60% of the goods it committed to buy. Biden suggested that’s the reason he’s leaving the tariffs in place”
 
archives said:
Partially true, the GOP attacked the ACA relentless yet in twelve years, even with the power, never did anything substantial to end it, again political. Plus I believe that some didn’t like the melodramatic theme Trump conveyed with the initiating the tariffs, good guys/bad guys thing,

More complicated than just ending tariffs, Biden attempted to use the tariffs as incentives (https://www.cnn.com/2022/01/26/politics/china-tariffs-biden-policy/index.html), (https://www.forbes.com/sites/zachar...trump-era-china-tariffs-to-counter-inflation/)
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The only people who supported trump's tax on American consumers, were trumpkins and those who didn't really understand that China doesn't pay the tariffs.

I know the soy farmers didn't like them. I know appliance stores didn't like them. I know car manufacturers didn't like them.

And it's evident that trump doesn't understand tariffs.
 
archives said:
As I noted, it is a bit more complicated:

“Trump and Chinese President Xi Jinping came to a truce at the beginning of 2020, signing what’s known as the Phase One agreement. It reduced the rate of some of the tariffs, but left them in place, and China agreed to increase its purchases of US goods and agricultural products – setting an ambitious target of buying $200 billion more than it did before the trade war began.”

“China has failed to meet those targets. It’s on track to purchase only 60% of the goods it committed to buy. Biden suggested that’s the reason he’s leaving the tariffs in place”
Click to expand...
Xi ate trump's lunch at every turn.

The money Americans paid in trump's taxes should have gone to incentives for American companies to bring manufacturing back here.

But we've done nothing to achieve that. Same applies to the tax giveaway to corporations. Want to pay no taxes? Manufacture here.
 
cawacko said:
The tariffs we put on China during the Trump years were obviously a big deal. While they had some support, many recognized they hurt American businesses and consumers. Can someone with a better understanding of the tariffs than I explain what the Biden Administration view has been to them? Because as I read it, they've kept many of them in place (when he has the power to remove them). Is there some long game he is playing by keeping them?

I think the tariffs themselves, unfortunately, weren't all that unpopular rather many people didn't like them because it was Trump doing it. And now that he's out of office people stopped talking/complaining about them. But I could be wrong, wouldn't be the first time.
Click to expand...

It wasn't tariffs that hurt businesses and consumers. It was Democrats. DEMOCRATS caused the current economic depression.
 
Althea said:
The only people who supported trump's tax on American consumers, were trumpkins and those who didn't really understand that China doesn't pay the tariffs.

I know the soy farmers didn't like them. I know appliance stores didn't like them. I know car manufacturers didn't like them.

And it's evident that trump doesn't understand tariffs.
Click to expand...

Tariffs are not a tax on consumers. It is a tax on imports.
 
Another angle to this. In retaliation to tariffs China is blocking major US movies from showing in China. Both Black Adam and Wakanda Forever were denied entry into China. Wakanda I think is big enough to muddle thru but IMO theres a good chance Black Adam will end up losing money and thats a huge deal as super hero movies are usually guaranteed money.
 
archives said:
As I noted, it is a bit more complicated:

“Trump and Chinese President Xi Jinping came to a truce at the beginning of 2020, signing what’s known as the Phase One agreement. It reduced the rate of some of the tariffs, but left them in place, and China agreed to increase its purchases of US goods and agricultural products – setting an ambitious target of buying $200 billion more than it did before the trade war began.”

“China has failed to meet those targets. It’s on track to purchase only 60% of the goods it committed to buy. Biden suggested that’s the reason he’s leaving the tariffs in place”
Click to expand...

So are you saying the tariffs are ok then?

And this idea that only Trumpkins support tariffs? Seriously? Unions have long supported tariffs, and they support the China tariffs. Are union workers all Trumpkins now?
 
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