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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?


To: RetiredNow who wrote (129908)2/6/2017 9:47:41 PM
From: Elroy Jetson  Read Replies (1) | Respond to of 217592
 
It's absolutely not true that China generally imposes import duties on US goods which the US does not impose on Chinese goods.

These trade duties have been negotiated by very smart and sophisticated people like Republican John R. Bolton. I find it impossible to believe that an amateur like Trump is going to be able to negotiate a better deal. You can squish the details around like Jello, but the overall outcome will still be the same. These negotiations have gone on for decades and continue on a daily basis.

The United States in general imposes an import duty of 5.5% to 16% on many imported goods from China. China in general imposes an average import tariff of 12.47% on many imports from the US with a similar range in individual rates.

Documented accusations of dumping, selling a good for less than it costs to make, can bring impose additional anti-subsidy duties.

Example

The US determined some Chinese companies received Chinese government subsidies so were selling solar panels far below the real cost and imposed an anti-subsidy duty on Chinese solar panels of 20.94% with import duties as high as 239% on some Chinese firms receiving large subsidies from the Chinese government. The US also imposes special anti-dumping duties on Chinese steel products.

Tit-for-Tat

America imposes a 5.5% import duty on Chinese cars.
China also imposes a 5.5% import duty on American cars.

In 2011, mostly in response for the increased US duties on Chinese solar panels, China pointed out that some in the US auto industry, ie GM and Chrysler-Fiat, had received similar large US government subsidies in 2008, so they increased the 5.5% import duty on certain American made cars which were being sold for less than they cost to make, after taking into account American government subsidies. We can't argue with this conclusion because it's true.

So China increased the import duty on cars from 5.5% to 21.8% on Cadillac and to 18% on Jeep.

Import duties on Ford products remained at 5.5% as their production costs were not subsidized by the US government.

So we can insist China remove the anti-dumping duty on GM and Chrysler, but they''l insist on removing the anti-dumping tariff on Chinese solar panels and steel.

There's no huge hidden edge which Trumps is going to find. The sooner Trump talks to the Republicans like Bolton who negotiated these import tariffs, the sooner he's going to stop saying stupid shit and focus on improving aspects of the economy he can improve.



To: RetiredNow who wrote (129908)2/7/2017 8:56:37 PM
From: TobagoJack  Read Replies (1) | Respond to of 217592
 
i am definitely not a clinton supporter, and appreciate trump, if for nothing than for giggles, i appreciate trump

none of my business except that i must sense the incoming macro rules to keep my balance sheet healthy

i am guessing, that ...

(1) tariffs, duties, rates, taxes, etc are what they are, governmental takes, with attendant mathematical pluses and logical minuses - each nation should be able to do as self-determined, including the usa

usa had heretofore chosen one way, and now wishes to choose another path

no biggie issue as far as i am concerned

it is a free universe

(2) as to ip, wondering what the usa would do if it was behind in tech.

as not all tech in the usa is available for sale, whether in licence, device or ip form, so chooses in effect to lose the ip by other means, or in trump-lingo, alt-means, and

besides, there is the court system to address ip issues

it is what it is, or per lingo of the thread, just is, like a lot of other issues

(3) as to giving china free money, depends on what one considers free and regards as money

had there actually been free money going around i am fairly certain i did not get my fair share of the largess by whatever alt-calculation

(4) am fairly certain the usa debt mountain was not borrowed to support china, since china bought a slug of the debt.

in the tallying and alt-reckoning perhaps much of the points went to the likes of trump, cohort, and such same but flying flag of the democrat party, plus expended in the jungles of se asia, deserts of middle east, mountains of afghanistan, and wherever else stretching from north to south pole, by democratic choice if we are to have faith in the system

the interesting thing to watch and brief on is to follow what trump's interpretation of what is needed to reach enunciated goal, to "make america great again"

am fairly sure more wars would not help, as that has been tried in somewhat sustained fashion over the past so many years

would stopping illegal immigration do it? doubtful

hiccup global trade? dubious.

the chief-tweeter presumably has a program, but so far i have not been able to tell the program apart from "the apprentice"

(5) take away? gold remains true, for very little has and shall change