Article

2020-07-01 Economy

Despite Trump’s Calls to Decouple, U.S. Companies Ship More From China Faster

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Posted by Alaska Paul 2020-07-01 00:00|| || Front Page|| [5 views ] Top

#1 Enriching China's awful government is highly profitable for elites. Why would they give it up? They will fight before they let the gravy train stop.

Posted by Maggie Poodle6767 2020-07-01 07:22|| 2020-07-01 07:22|| Front Page Top

#2 I remain hopeful that we can decouple our most important industries from China in the medium term. But even in the long term, I am fairly sure that our cheap plastic garbage will keep flowing from China, however unfortunate that is.

Posted by Vernal Hatrick 2020-07-01 10:03|| 2020-07-01 10:03|| Front Page Top

#3 Tariffs and quotas. I believe those are with presidential powers.

Posted by Shating Turkeyneck1016 2020-07-01 11:05|| 2020-07-01 11:05|| Front Page Top

#4 Tariffs & quotas only hurt us consumers in the end.

Posted by Clem 2020-07-01 11:18|| 2020-07-01 11:18|| Front Page Top

#5 How much does unemployment hurt?

Posted by Shating Turkeyneck1016 2020-07-01 11:19|| 2020-07-01 11:19|| Front Page Top

#6 If you want to pay more for what you buy, good for you. Not me.

Posted by Clem 2020-07-01 11:22|| 2020-07-01 11:22|| Front Page Top

#7 Laid off factory workers buy very little.

Posted by Shating Turkeyneck1016 2020-07-01 11:23|| 2020-07-01 11:23|| Front Page Top

#8 Write your Congressman then. Maybe absurd minimum wage laws might prevent people from getting back to work.

Posted by Clem 2020-07-01 11:25|| 2020-07-01 11:25|| Front Page Top

#9 Clem, once they take over a market, prices go up or quality goes down (sometimes both).

Posted by g(r)omgoru 2020-07-01 11:25|| 2020-07-01 11:25|| Front Page Top

#10 ^But you are right on minimum wages.

Posted by g(r)omgoru 2020-07-01 11:26|| 2020-07-01 11:26|| Front Page Top

#11 Wages are already artificially low. You cannot defy supply and demand. Congress has worked/bent over very hard to increase the labor supply with incredible levels of immigration and work visas (often leading to more even green cards).

The artificially increased unemployment due to massive outsourcing has gutted towns and cities and has lead to masses of unemployed young people who riot and loot on the drop of a dime.

Posted by Shating Turkeyneck1016 2020-07-01 11:30|| 2020-07-01 11:30|| Front Page Top

#12 It might appear that tariffs hurt US consumers. That is a short term way of looking at the world. I assure you, allowing communists to sell us "cheap" goods that we entirely rely on and give them a stranglehold over our nation, while depressing the national economy, hurts us far more. It is IMPOSSIBLE for free workers to compete with slaves. That is what is just not computing in the minds of most free market capitalists. The Chinese workers are not free workers. They are slaves, paid in wages that are artificially low and forced to "buy" goods that their masters tell them to buy. No free nation could ever compete with workers that work essentially for free. Tariffs will make it more expensive to buy things, yes. But it will also make us more able to resist the Chinese when they demand that we also bend our knees.

Posted by Vernal Hatrick 2020-07-01 12:42|| 2020-07-01 12:42|| Front Page Top

#13 Bingo Vernal.

Posted by warthogswife 2020-07-01 14:18|| 2020-07-01 14:18|| Front Page Top

#14 Yup.

Trying to get the next batch of shoes and movie tokens shipped.

Posted by swksvolFF 2020-07-01 14:44|| 2020-07-01 14:44|| Front Page Top

#15 It is IMPOSSIBLE for free workers to compete with slaves.

The long term plan is for us all to be slaves.

Posted by M. Murcek 2020-07-01 15:17|| 2020-07-01 15:17|| Front Page Top

#16 I have to agree with VERN. BUT put the tariffs on the companies in form of taxes. IF they continue then FINE THEM.

Posted by ranture 2020-07-01 15:17|| 2020-07-01 15:17|| Front Page Top

#17 Yeah, yeah, yeah. Trade has slowed, but not as much as the 'experts' predicted, therefore OrangeManBad.

There have been several stories here over the last few months saying many companies are trying to decouple, so keep trying to Buy American.

Posted by Bobby 2020-07-01 16:14|| 2020-07-01 16:14|| Front Page Top

#18 It is fascinating to see Americans completely clueless about Capitalism.

If the Chinese are slaves explain to me how they buy more General Motors than US, how Shangai has alread a per capita bigger than several European capitals...keep imagining China of 2020 is like China of 2000 and you'll have shock of China of 2040.

You Americans have the Education and Media complex in the hands of Marxists and you expect your society to be competitive?

Posted by Thorong Grundy1520 2020-07-01 18:47|| 2020-07-01 18:47|| Front Page Top

#19 ^ Cute

Posted by Frank G 2020-07-01 19:11|| 2020-07-01 19:11|| Front Page Top

#20 Notice that when those who talk about the price of goods to the consumer and higher labor costs never seem to include to whole picture. Yep, items will be more expensive, but with people employed that means taxes for those unemployed and their associated programs drop and the need for the bureaucracy that run those programs. Consider that as 'overhead' in your calculations in 'costs'. If you haven't noticed, bureaucracy is really expensive (just look at those pensions).

Posted by Procopius2k 2020-07-01 19:17|| 2020-07-01 19:17|| Front Page Top

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