Pre-trade war China had a 25% tariff on cars built in the US. The US had a 2.5% tariff on cars built in China. Disparities like that are the whole reason this thing started. We’ve never had fair trade with China or most of the world.
It’s pretty easy to compare trade tariffs between countries, and the US typically applies tariffs to fewer things and has lower rates than trade partners. Yes, you can find some cases where the US applies a larger tariff, but the aggregate data shows the US is consistently at a disadvantage.
US has ripped China for almost a hundred years with an open door policy, so China needs to retaliate by imposing higher tariffs for the same amount of time to even things out.
This type of behavior is very common amongst weaker economy. I recall Singapore did all those behaviors that China is accused of. Then, USA didn’t accuse Singapore of any bad behavior, in fact, very good ally, why
Is like a well trained MMA fighter challenging an office bounded old man like me to a bare hand combat, claiming it fair, and I shouldn’t use weapons such as a gun.
Labor costs in China are a fraction of the US (especially if you compare China to UAW). China should be able to product cars at a far lower cost, so it doesn’t make any sense why they’d need higher tariffs. Tariffs are usually designed to protect wage rates of local employees.
Singapore government wasn’t stealing IP from US corporate using their state resources and arming neighbors with nuclear weapon to harass US and its allies. or were they?
Just two points but I am sure you can write a whole page on this
TSLA is not spiking unnecessarily now, but slowly & gradually going up. As long as this trend continues, TSLA becoming 180B company is possible, time frame - years - we do not know. It has potential as of date.
BTW: I want to see WQJ walk away with 1 M dollars (1000 x 1000)
You may want to re-read my original statement. I was asking marcus (not you) as to why there is a different treatment, you butt in to claim that the tariff war is a punishment to China’s arming neighbors with nuclear weapon to harass US and its allies, implying those other behaviors are by itself ok. I feel is offbeat. Hard to believe your clarification.
