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Economics Discuss U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsidies at the Political Forums; not sure why when a country or an organization of countries does something wrong that the answer is to punish ...

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Old 10-03-2019, 01:29 AM
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Default U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsidies

not sure why when a country or an organization of countries does something wrong that the answer is to punish consumers. alas...

this is my favorite quote from the article.

Quote:
“Where this goes ultimately is a negotiation,” said William Reinsch, a former Commerce Department official. “They’re guiltier than we are.
https://www.washingtonpost.com/busin...outputType=amp
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Old 10-03-2019, 08:09 AM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid

The World Trade Organization has determined the European union was illegally subsidizing Airbus.

Quote:
“For years, Europe has been providing massive subsidies to Airbus that have seriously injured the U.S. aerospace industry and our workers,” U.S. Trade Representative Robert E. Lighthizer said. “Finally, after 15 years of litigation, the WTO has confirmed that the United States is entitled to impose countermeasures in response to the E.U.’s illegal subsidies.”
Some of these countries are the same allies that have blatantly avoided their commitments for defense spending under NATO transferring the burden to the US taxpayer. Some of these are the same countries Democrats like Joe Biden insist we must recruit to "help" us with Chinese trade practices. Never mind the Europeans are among the abusers we must trust them to look to America's best interests.

It took the WTO bureaucrats 15 years to conclude the EU was illegally subsidizing Airbus in the meantime US manufacturers were left twisting in the wind. Even so, the cry is that tariffs punish consumers so we ought not impose them. Instead, we ought to rely on the good will of our ally/abusers to protect our domestic aircraft manufacturers.
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Old 10-03-2019, 04:02 PM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid

Quote:
Originally Posted by Gordon Shumway View Post
not sure why when a country or an organization of countries does something wrong that the answer is to punish consumers. alas...

this is my favorite quote from the article.



https://www.washingtonpost.com/busin...outputType=amp
Countries use subsidies to help their manufacturers undercut ours. The same people argue that consumers will go for the cheapest price argue against protective tarries. How do tariffs hurt our consumers who should pay the full price for goods?
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Old 10-04-2019, 01:38 AM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid

tariffs are a 19th and 20th century mistake.
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Old 10-04-2019, 01:40 AM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid

maybe the whole point is to make russia our favored trade nation
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Old 10-04-2019, 03:35 AM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid

Quote:
Originally Posted by saltwn View Post
maybe the whole point is to make russia our favored trade nation
Nonsense. But then, based on your postings, you seem to believe our Democracy is a 19th and 20th century mistake.
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Old 10-04-2019, 05:40 AM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid



wow. pretty sure salty didn't have that opinion of tariffs when it came to obama's tire tariffs.

-------------------

and on another note about tariffs...
it's not that i'm entirely against them.
but in our current system in which government decided they would use income taxes as its primary source of revenue tariffs only serve to manipulate business and consumers/taxpayers.
if we went back to a time of no income tax and tariffs became our government's primary source of revenue then my opinion on tariffs would be quite different.
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Old 10-04-2019, 06:35 AM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid

Quote:
Originally Posted by saltwn View Post
maybe the whole point is to make russia our favored trade nation
Do you have an intelligent thought on this subject or are you just here to say Trump is bad? We all know your opinion of Trump and Republicans in general, but unless you can elaborate something along the lines of a countering position, your posts are nothing more than senseless babble.
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Old 10-05-2019, 02:55 AM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid

Quote:
Originally Posted by FrancSevin View Post
Nonsense. But then, based on your postings, you seem to believe our Democracy is a 19th and 20th century mistake.
On what do you base that? I hope this POTUS doesn't kill our democracy as he keeps wiping his bloody arse on our constitution.
But we have tried tariffs before and they always cause harm.
We were innocent in attempting them but now we know and should get trade deals that benefit the American people.
If we don't want to trade with China fine but we are not seeking substitutes just keep ramping up the cost to everyone. Trump has no intention of finding other trading partners; he just keeps putting a strain on consumers.
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Old 10-05-2019, 03:01 AM
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Default Re: U.S. can impose tariffs on $7.5 billion in goods because E.U. gave illegal subsid

Quote:
Originally Posted by Gordon Shumway View Post


wow. pretty sure salty didn't have that opinion of tariffs when it came to obama's tire tariffs.

-------------------

and on another note about tariffs...
it's not that i'm entirely against them.
but in our current system in which government decided they would use income taxes as its primary source of revenue tariffs only serve to manipulate business and consumers/taxpayers.
if we went back to a time of no income tax and tariffs became our government's primary source of revenue then my opinion on tariffs would be quite different.
did tire tarifs make meat rot at the dock and ruin our farmers to the point they had to go on a government welfare plan because they cant sell their goods? you better believe china is looking for and finding other partners. some of those trade deals aren't coming back.
and some people worked very hard to open up those markets. jr Simplot personally went to China and introduced them to the potato and how to cook and market it in retail. just for one example.

second part of your reply:
no income tax would be stupid. it's a fail waiting to happen.
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