Those that were against Trump's trade war....

PeoplesElbow

PeoplesElbow

Well-Known Member
What do you think of Biden's trade war?
Former President Trump launched a “trade war” with China in 2018 that mostly produced a series of economic skirmishes and logistical workarounds. Trade between the two nations continued, with some collateral damage where Trump lobbed a tariff, or China lobbed back retaliatory measures.
With far less fanfare, the Biden administration has launched a new broadside against China that could do far more damage to its economy than anything Trump contemplated, and trigger unprecedented retaliation by China. On Oct. 7, the Biden administration surprised the world with new export controls that effectively prohibit the sale of advanced American computer chips and chipmaking technology to China.
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finance.yahoo.com

The real trade war with China has begun

A new embargo on advanced semiconductor sales is the most aggressive move yet by any US president against China.
finance.yahoo.com finance.yahoo.com
 
stgislander

stgislander

Well-Known Member
PREMO Member
It used to be someone would immediately come back and say how this is different because Orange Man bad.
 
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HemiHauler

Well-Known Member
Perhaps the more refined among us understand that ALL trade wars are no good for free and unfettered commerce. Freedom of association is a natural right and ANY government interference in this arena is antithetical to individual freedom.
 
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glhs837

glhs837

Power with Control
HemiHauler said:
Perhaps the more refined among us understand that ALL trade wars are no good for free and unfettered commerce. Freedom of association is a natural right and ANY government interference in this arena is antithetical to individual freedom.
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Or perhaps the more aware of us understand that when a government puts its thumb on the scales of free trade, then it's not free trade anymore. Is it? And China used a very heavy thumb while we refuse to even touch our side of the scale for a long time. Put an equal amount of weight on the scale is only fair
 
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HemiHauler

Well-Known Member
glhs837 said:
Or perhaps the more aware of us understand that when a government puts its thumb on the scales of free trade, then it's not free trade anymore. Is it? And China used a very heavy thumb while we refuse to even touch our side of the scale for a long time. Put an equal amount of weight on the scale is only fair
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I view it differently.

Yes, we all know China's game. But I don't believe in "fighting fire with fire". Why engage in what we know is behavior that is anti-freedom? Stay the course. China is a big market, but they are not make-or-break.
 
glhs837

glhs837

Power with Control
So all the intellectual property theft all the currency manipulation all the state subsidization of industry to bankrupt ours? Just wave that off and say it doesn't matter? I'm sorry but a market that isn't fair is a market that isn't free. You say anti-freedom I say it was never free. I'm supposed to let them have the freedom and expect my industry to not have a fair playing field?
 
Bare-ya-cuda

Bare-ya-cuda

Well-Known Member
glhs837 said:
So all the intellectual property theft all the currency manipulation all the state subsidization of industry to bankrupt ours? Just wave that off and say it doesn't matter? I'm sorry but a market that isn't fair is a market that isn't free. You say anti-freedom I say it was never free. I'm supposed to let them have the freedom and expect my industry to not have a fair playing field?
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You have to look at who it’s coming from, hemi is about anti-America as they come.
 
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HemiHauler

Well-Known Member
glhs837 said:
So all the intellectual property theft all the currency manipulation all the state subsidization of industry to bankrupt ours? Just wave that off and say it doesn't matter? I'm sorry but a market that isn't fair is a market that isn't free. You say anti-freedom I say it was never free. I'm supposed to let them have the freedom and expect my industry to not have a fair playing field?
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I understand your position; it is not unique, with all due respect. Understand that I don't have a country to run (so I can afford to be a purist), but at the risk of repeating myself: don't meet bad behavior with more bad behavior.

China needs us more than we need them. There are other nations with which to trade on more-free terms.
 
BOP

BOP

Well-Known Member
HemiHauler said:
Perhaps the more refined among us understand that ALL trade wars are no good for free and unfettered commerce. Freedom of association is a natural right and ANY government interference in this arena is antithetical to individual freedom.
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Don't forget to hold your pinkie in the air while you're drinking your 7oz.
 
glhs837

glhs837

Power with Control
HemiHauler said:
I understand your position; it is not unique, with all due respect. Understand that I don't have a country to run (so I can afford to be a purist), but at the risk of repeating myself: don't meet bad behavior with more bad behavior.

China needs us more than we need them. There are other nations with which to trade on more-free terms.
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So economic war is okay? That's the bad behavior you are talking about. And if I'm reading you right, your answer would be to stop trading with China completely? A full trade embargo?
 
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phreddyp

Well-Known Member
glhs837 said:
So economic war is okay? That's the bad behavior you are talking about. And if I'm reading you right, your answer would be to stop trading with China completely? A full trade embargo?
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Except for their EV batteries the left would go berserk!
 
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