What will trade war victory look like?

TheDoctorIsIn · 2018-09-10T23:57:22.241Z

What does a drop in the trade deficit mean, to the “average joe”?

TheRedComet · 2018-09-11T00:03:58.018Z

My beloved Japanese cars will cost more money to buy if the tariffs target the companies directly. Most of them are built in the US but there are some long term desirable models (namely the upcoming Toyota Supra and the Miata) that are built in Japan.

Cratic3947 · 2018-09-11T00:12:57.011Z

gooddad409:

Cratic3947:

A drop nice in the trade deficit…More domestic manufacturing.

That’s it.

sure, That would mean more wealth staying in America…

noSpaces · 2018-09-11T01:02:08.564Z

After paying higher prices, would the expectation be lower prices once the war is over? Would there be any compensation for short term sacrifices?

Jezcoe · 2018-09-11T01:03:54.206Z

Cratic3947:

A drop nice in the trade deficit…More domestic manufacturing.

Once tariffs are gone, what would stop the trade deficit from increasing?

CaughtInTheMiddle · 2018-09-11T01:09:58.962Z

Jezcoe:

Cratic3947:

A drop nice in the trade deficit…More domestic manufacturing.

Once tariffs are gone, what would stop the trade deficit from increasing?

I would think sime of the tariffs would have to be permanent. Otherwise American business will just outsource again.

bootz · 2018-09-11T03:07:03.523Z

it seems winning a trade war means reduced tariffs for American goods in foreign markets,

Jezcoe · 2018-09-12T16:10:04.763Z

bootz:

it seems winning a trade war means reduced tariffs for American goods in foreign markets,

That wouldn’t necessarily mean a decrease in trade deficits though.

Airyaman · 2018-09-12T16:13:47.438Z

Cratic3947:

A drop nice in the trade deficit…More domestic manufacturing.

Let’s pretend this means something.

Let’s say the trade wars reduce he number of imports into the country while keeping the exports the same (not realistic, but hey).

That would “reduce” the trade deficit.

Of what benefit is this?

CaughtInTheMiddle · 2018-09-12T16:41:56.031Z

maybe it means having our president bring his money back to the US.

if he has any. and if the russian mob lets him.

bootz · 2018-09-12T16:49:21.838Z

it would mean reciprocal trade and fair trade

Jezcoe · 2018-09-12T16:49:56.933Z

bootz:

it would mean reciprocal trade and fair trade

How would that automatically lead to reduced trade deficits?

bootz · 2018-09-12T16:53:56.969Z

did I say it would? America has been transferring wealth abroad since 1947. our problems are structural and designed into the system.

Jezcoe · 2018-09-12T16:59:06.235Z

bootz:

did I say it would? America has been transferring wealth abroad since 1947. our problems are structural and designed into the system.

So to you… what would an equitable position be to end the trade war?

bootz · 2018-09-12T17:01:14.409Z

equality, reciprocity, and free competition. which means removal of subsidies. as in stop giving handouts to corporate farms.

Jezcoe · 2018-09-12T17:02:30.958Z

bootz:

equality, reciprocity, and free competition. which means removal of subsidies. as in stop giving handouts to corporate farms.

I can agree with that in principle… but like everything the devil is in the details.

bootz · 2018-09-12T17:18:50.806Z

it also means that defense spending be reduced.

Drs · 2018-09-12T17:34:14.764Z

Well companies are not talking layoffs to deal with increased tariff costs.

Winning.

rp5x5 · 2018-09-12T18:50:53.966Z

Double or triple the value of the dollar.

Watch China as they are forced to stop depending on the USA as the buyer for their leather made of roadkill and their steel loaded with lead.

FreeAndClear · 2018-09-12T18:55:45.754Z

Would doubling or tripling the value of a dollar increase or decresse the value of American debt obligations.