What Impact will the Trade Wars have on Reefing Gear

[siggy]

Assembled Chinese electronics are not.

I would wait to find out the details on which assembled goods, I seen Variable frequency drives are on the list for tariffs and thats a good thing, Big tax breaks on buildings that install them to Air handling units. That has been a huge trend for Electric contractors, Refit buildings HVAC and lighting (LED) Between the Tax breaks and Kick backs from the power co the upgrade is paid for in a year or two.

life long politician who is worth millions

And started penniless.

 

[siggy]

@reefwiser Hey Kentucky Truck Been there done that. Yup the Bush era was good for Texas, not so for the rest. Same thing in Detroit Low starting wage and high turnover, My wage sat for ten years, two jobs to pay the mortgage, Been there their too!

 

[laverda]

When Mercedes owned DCX My uncle in Germany was afraid that Mercedes would be built in the US and shipped to Germany, he said it would be a lot cheaper to produce here. Now free trade with the EU? How will a socialist economy pay all that vacation time.

WE need an economist to translate the currency manipulation with that. Does it cost more for a US company to export from china? or is it gouging? or a Superior product? .....Just remember Greenies for dogs and Plastics in baby formula
NOW to REALY GROSS you out Google "Boneless chicken wings from china-Rat Meat" ..........Sorry just thought you should know

Another one is radio active dry wall from China. There are many more examples of tainted food like talipa. It seams like China is disposing of their hazardous waste by incorporating it into products they ship here. I personally avoid products from China if possible especially food!

 

[gcarroll]

https://www.bls.gov/news.release/pdf/empsit.pdf 1.5-2 million Americans might answer that question, and its just not the assembler, a TV for example has a mother board, video board PS and screen, Most likely the plastic case would be produced hear so now a plastics factory and supply chain, Mold makers($25-50) maintenance workers engineers So On and how about the AC repairman that tends to all the buildings. the Screens would most likely begin to be made hear as well due to shipping / handling loses. NOW to call an Assembler Unskilled would get You Eaten hear in the D. In fact they are considered Semi skilled by department of labor and make Six Figures a year. I regularly talk to One who's an avid Reefer and has a setup that Almost parallels yours Imagine Standing for 10 hours a day assembling the same thing day in day out. The repetitive stress, carpel tunnel is no joke and the surgeries are worse, My wife woke-up crying every night, BTY no AC here, each employee gets a overhead fan and if it reaches 90 degrees they get 2 bottles of water. If you hear people saying Auto workers make too much tell them to walk a mile in the shoes.....Just saying my friend

I hear where you are coming from. I made a comment to get a reaction, not to disparage hard working Americans. I apologize for that. There are a lot of companies that are employing hard working Americans in this country and the tariffs will hurt them. We talk about how the corporate tax rate is hurting corporations, yet those hurting corporations continue to cannibalize the small businesses and absorb medium businesses in their way. If small business owners are the fabric of America, why are we so obsessed with giving corporations more power to destroy them? I'm not expecting an answer. I'm just thinking out loud. I have friends on the right and left.

 

[408Dartfish]

I work in hydraulic tube manufacturing, a small few people operation. Work with mostly mild steel, stainless and aluminum. I don’t think I’ve ever seen anything here made in USA. All our raw materials come from Germany, Korea, China, and India. We haven’t seen any price increase as of yet just here say. Dustin

 

[reefwiser]

Greg big companies have more Money. to give to Congress for their campaigns to get reelected. Look at what a Congress man gets for health care. They have a golden health care plan that no company gives to their employees yet they vote down health care for to poor working man. Due to

 

[siggy]

It seams like China is disposing of their hazardous waste by incorporating it into products they ship here

Hahahahahahah,...I know its not funny... the food co's are hot that the gov made them Post on the packages from china (fall out for the rat)...... I think this was recent....Anyone know those details ?????

I'm just thinking out loud.

I know Greg and you Do bring another angle that I had not considered...It is all good.....except the rat meat;Vomit

 

[jgvergo]

Let's just see what actually happens. I think it's instructive that the markets have been quite sanguine over the whole thing. Big difference between what politicians say and what they actually do. Plenty of manufacturing done here in the US, though a lot of it is probably better characterized as 'assembly' using many parts that are sourced overseas. I've been in manufacturing all my life, and I'd be quite happy to see real consequences for many of the patent-stealing foreign companies. I tend to think of these things in terms of 'he who has the most consumers wins'. That's still the US, and is projected to remain so until at least 2025.

Bingo! We sat by and watched our technology get pirated without consequence for far too long (Dem and Repub administrations were equally impotent). I am a free trader at heart, so I disagree with the current approach. However, I'm willing (actually hoping) to eat crow.

 

[gcarroll]

Greg big companies have more Money. to give to Congress for their campaigns to get reelected. Look at what a Congress man gets for health care. They have a golden health care plan that no company gives to their employees yet they vote down health care for to poor working man. Due to

Hmmm, how could they possibly have all that money? We have the highest corporate tax rate in the world! lol.

Whoa there on the healthcare. You are starting to sound like a left coast liberal. I can just see you rolling out in the Louisville streets with a "Free Health Care for All" bumper sticker. lol!!!

 

[hart24601]

I find it funny that someone would poo poo 'leftie' policy but be all about tariffs. Which is 'leftie' as it gets and another type of subsidy that is paid for by the consumer instead of the government.

I find this funny as well.

 

[roberthu526]

That’s the whole point... we make next to nothing here anymore. No one abroad can afford to buy our stuff because our current trade arrangements w other countries make our products out of reach price wise... the majority of the other countries Tax our products (tariffs) coming into their country at unequivetable rates to theirs coming into our nation. It truly is outrageously unfair and is the very reason our manufacturing is so far gone. Well I’m not saying there is not a whole lot of other factors involved, but this is a major part of it. At the end of the day I believe this will be a smart move in the US interests. May cause some flack for awhile, a little saber rattling from around the world, but in the end the US will make better deals on trade that will be fair and could promote some business growth in our manufacturing sector. This President may be a lot of things some people don’t like at all, but one must admit, he does care and is actually doing something that could benefit All Americans if his strategy works. I truly think it will personally. We may get hit w some xtra costs in the short term, but the future benefits could far outway any short term affects. Jmo

I don’t think we actually make next to nothing. USA is most famous for making technology for sure. This is the main reason manufacturing industry is disappearing slowly. It’s not that we do produce anymore, we just produce in different forms. Other countries like China who are actually supplying labor and material are basically trading physical labor and tangible material for intangible assets. The main issue we are facing I think is not adding jobs in the low pay positions but to educate people so more can be creators rather than makers of that makes sense.

 

[roberthu526]

Well. I guess only time will tell. I’m rooting for America! I refuse to belie

thats a great talking point... I refuse to believe that. Yes we will have a little discomfort, as well will other countries... I’m very confident that this will not become out of control. Remember, this is America! All other countries that trade with us are doing it for very good reason... we are the #1 consumer (Bye Far) in the world. I see using this fact alone will prove to be the deciding factor in each and every country we deal with’s decision to lower their fees of entry just so their manufacturing doesn’t collapse. Btw the “Useless Tax cuts” you speak of, again another angle to promote the resurgence of American Manufacturing. The point is to become more competitive by not absolutely killing the American company with ( Bye Far) the highest corporate tax rate in the world. Even Obama suggested to lower our tax rate drastically. Just didn’t have the gonads to do it, Nor did he have much support on his side for such a “ridiculous notion” as most lefties would claim. More taxes to fix this or that does Not help. It further puts the burden on hard working Americans backs to throw our money at a problem and make even more government waste by just adding government jobs to handle and spend all of our money in some of the most absurd, Wasteful manners. The sheer amount of taxes that a company is forced to pay in is yet another reason our Business’s flee to greener pastures (other countries). It’s about dang time someone actually stood up for our best interests. We as a Nation have picked up and helped numerous other countries to prosperity. That’s a great thing! Isn’t our Country’s well being important too? We can argue all day about who’s right or wrong about any subject. Only time will tell who is rt in this very topic. Subsidize the industries we like you say? Again. Another leftie solution to not fix anything. Perpetuate the huge problem of government dependencey. No thanks. Those are the same ideas that got us in this position in the first place. A company should be able to thrive on its own, not thru subsidies. There would be no reason to have to do that if we didn’t drive the companies out in the first place by taxing them into submission. So ur answer would basically be we as a nation should accept that we lost all these manufacturing jobs and not change anything. Just throw subsidies at companies some may or may not champion in efforts to keep them afloat, while other companies that are no big deal to your life can just continue to be absolutely battered by enormous amount of taxes. Hmmm. Doesn’t seem so smart. Whereas a large corporate tax cut give all industry a well needed break and let them decide how to better their company w their money the way they find fit. That to me makes a whole lot more sense . Sometimes I feel like I’m taking crazy pills when I hear the opposing argument. Sorry, just happens to be

First of all US is not the biggest consumer. Do you want to guess again?

 

[siggy]

That is the current mind set today, educate because there will be no jobs for those with out one. Not everyone can function at that level or in that environment , I am the proof of that, but I can function with my hands and make quite a bit doing so.
.....My daughter has her masters and teaches at university and I am disappointed at her salary, it's a third of mine. ...My attorney gives me dirty looks when he sees how much I make. He's a cheap attorney send your kids to trade school and their employer will pay the rest

 

[jgvergo]

With 320M people in the US, we need all kinds of jobs because we have all kinds of people. In my family we have firefighters, technologists, researchers, nurses and teachers. Noble careers all. What has always differentiated the people of the USA is work ethic, drive, perseverance, personal freedom and accountability/responsibility (to name a few things). Free markets provide powerful incentives for people to work hard, risk their capital and innovate. The job of the government is to make sure those incentives are open to all. What individuals do with that opportunity will never be perfect, but it's proven to be the best system out there.

 

[gcarroll]

First of all US is not the biggest consumer. Do you want to guess again?

I'd like to know that answer.

 

[jgvergo]

First of all US is not the biggest consumer. Do you want to guess again?

Biggest consumer of what? I bet we are the biggest consumer of hot dogs

 

[siggy]

The World's Top 10 Economies

• United States. The U.S. economy remains the largest in the world in terms of nominal GDP. ...
• China. China has transformed itself from a centrally-planned closed economy in the 1970s to a manufacturing and exporting hub over the years. ...
• Japan. ...
• Germany. ...
• United Kingdom. ...
• India. ...
• France. ...
• Brazil.

More items...
The World's Top 1

 

[siggy]

List of largest consumer markets
Rank Country HFCE (millions of US$)
_ World 43,021,279
1 United States 11,484,340
2 China 3,320,652
3 Japan 2,999,598
78 more rows
List of largest consumer markets - IPFS

 

[mcarroll]

Free markets provide powerful incentives for people to work hard, risk their capital and innovate.

I guess things change, but that's what Tarriff's were created for – to create powerful incentives for people to risk their capital and innovate.

Free markets = the most capable wins.

The US would never have had an economy worth mentioning without tariffs as the money would have continued to be spent in Europe and elsewhere.

A view of history can be interesting:

protectionism was America's de facto policy from the passage of the Tariff of 1816 to World War II, "switching to free trade only in 1945, when most of its industrial competitors had been wiped out" by the war.[1] It has been argued that one of the underlying motivations for the American Revolution itself was a desire to industrialize, and reverse the trade deficit with Britain, which had grown by a factor of ten in the space of a few decades, from £67,000 (1721–30) to £739,000 (1761–70).[2]

The tariff has been used as a political tool to establish an independent nation; for example, the United States Tariff Act of 1789, signed specifically on July 4, was called the "Second Declaration of Independence" by newspapers because it was intended to be the economic means to achieve the political goal of a sovereign and independent United States.[11]

I'd like to know that answer.

I'd like to know how we think we're counting.

Population?

Urban population?

Average salary?

Average disposable income?

I haven't seen us at the top of any list I've seen so far. We were "lucky 13" on one disposable income list...

 

[roberthu526]

That is the current mind set today, educate because there will be no jobs for those with out one. Not everyone can function at that level or in that environment , I am the proof of that, but I can function with my hands and make quite a bit doing so.
.....My daughter has her masters and teaches at university and I am disappointed at her salary, it's a third of mine. ...My attorney gives me dirty looks when he sees how much I make. He's a cheap attorney send your kids to trade school and their employer will pay the rest

You skills come from education too. Not necessarily from school but training and in a work shop is still education. What people in the off-shore factories are doing don’t really need skill. They only have jobs because they are cheaper than running machines. I don’t think these are the jobs we want back in the US.