Need a rundown on the tariffs/trade war stuff going on
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Date: March 25th, 2018 2:43 PM Author: Floppy dull macaca jew
When a US firm wants to enter the Chinese market the Chinese government requires a joint venture with a Chinese company. In these joint ventures US companies license or assign the relevant technologies to the Chinese on unfavorable terms. When the Chinese enter US markets, the average tariff is like 2.75%.
Trump in response is putting tariffs on Chinese steel, aluminum and other import categories totaling $60b (out of $500b total) worth of Chinese goods as a way of reducing the $375b trade deficit and correct the asymmetrical market entry requirements. China wants us instead to export high technology products that we refuse to allow over there to reduce the surplus.
China is saying they don't want a trade war but will fight one (counter tariffs) if we instigate one (which we are).
I think we need one, because the Chinese joint venture and intellectual property policies are screwing us majorly. That's the heart of all this, as far as I can see. And the Chinese president should recognize he needs to stabilize the Chinese market through liberalisation. Trade wars are easy to win.
(http://www.autoadmit.com/thread.php?thread_id=3927816&forum_id=2#35684475) |
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Date: March 26th, 2018 12:06 AM Author: Floppy dull macaca jew
If China liberalized our companies would accrue a larger proportion of their China based profits rather than having to share them with the mandatory Chinese joint venture partner.
I dunno. At least 50%. Chinese steel is like 40% cheaper probably. https://agmetalminer.com/mmwp/wp-content/uploads/2017/04/HRC-US-vs-HRC-China_opt.png
(http://www.autoadmit.com/thread.php?thread_id=3927816&forum_id=2#35688745)
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Date: March 25th, 2018 10:22 PM Author: Ocher Resort Depressive
elite libs and reptiles were lazy, just giving away wealth to trading partners because a small group of elite people in the US were getting wealthy.
trump wants to undo about 30 years of us being lazy.
(http://www.autoadmit.com/thread.php?thread_id=3927816&forum_id=2#35688011) |
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