The Foreign Trade Thread

#1,628
#1,628
0nelilreb said:
Got to love that qualifier on the front of that tweet “ Based on what I know “ . Can China hold out until after Nov. 2020 ? We are going to see if they can I think . If he gets re-elected you’ll see them cave bigly .
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China does not mind starving their own to make a point.
 
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#1,629
#1,629
0nelilreb said:
Got to love that qualifier on the front of that tweet “ Based on what I know “ . Can China hold out until after Nov. 2020 ? We are going to see if they can I think . If he gets re-elected you’ll see them cave bigly .
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The answer is yes and if the Chinese economy goes down they will have no problem taking us with them.
 
#1,634
#1,634
BigOrangeD said:
India is ready to take their place. Big labor force there and they have a good work ethic.
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No, they are not ready now. Neither is Vietnam, Cambodia or anyone else. They don't have the factories, infrastructure, internal transportation and shipping to take China's place. China has been building for decades to get where they are today. Presently China is the only option for meeting our supply needs.
 
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#1,635
#1,635
Velo Vol said:
It's really something how some people believe Americans are benefiting from Trump wrecking global trade.
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If your people aren't gainfully employed (as in manufacturing and thereby producing wealth) then eventually there is a problem with continuing to buy products made anywhere. Build at home, employ people at home, and you have markets for your goods at home. Henry Ford understood and did pretty well using that concept; too bad economists, business leaders, and politicians cant figure it out. But to make it work you have to trim union excesses and quit doing stupid schiff like setting the minimum wage.

You also have to revisit the way unemployment is figured to get a true picture of unemployment. Just because someone has moved off the "looking for a job" map doesn't mean that person is unemployable. The US labor pool is larger than the government admits.
 
#1,636
#1,636
Hunerwadel said:
No, they are not ready now. Neither is Vietnam, Cambodia or anyone else. They don't have the factories, infrastructure, internal transportation and shipping to take China's place. China has been building for decades to get where they are today.
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Don’t you mean WE help China build for decades before anybody said WTF wait a minute you are screwing us over big time .
 
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#1,637
#1,637
Hunerwadel said:
No, they are not ready now. Neither is Vietnam, Cambodia or anyone else. They don't have the factories, infrastructure, internal transportation and shipping to take China's place. China has been building for decades to get where they are today. Presently China is the only option for meeting our supply needs.
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No better time to start.
 
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#1,639
#1,639
Hunerwadel said:
No, they are not ready now. Neither is Vietnam, Cambodia or anyone else. They don't have the factories, infrastructure, internal transportation and shipping to take China's place. China has been building for decades to get where they are today. Presently China is the only option for meeting our supply needs.
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Truth. Been searching through Asia and it's just bad. There are no other options.
 
#1,642
#1,642
AM64 said:
If your people aren't gainfully employed (as in manufacturing and thereby producing wealth) then eventually there is a problem with continuing to buy products made anywhere. Build at home, employ people at home, and you have markets for your goods at home. Henry Ford understood and did pretty well using that concept; too bad economists, business leaders, and politicians cant figure it out. But to make it work you have to trim union excesses and quit doing stupid schiff like setting the minimum wage.

You also have to revisit the way unemployment is figured to get a true picture of unemployment. Just because someone has moved off the "looking for a job" map doesn't mean that person is unemployable. The US labor pool is larger than the government admits.
Click to expand...

Ford tried to "outsource" all rubber from Brazil. He bought land ($20 million in 1920's dollars) equal to the state of Vermont I believe. Set up compound and plant. It didn't last long, didn't hire a dendrologist and when replanting the rubber trees for planting set them up too neat and tidy in formation and lines. Unfortuantely, by not spacing them out, a disease wiped out the entirety of all of the plantation. Sold back the land for like $200,000.

Not calling you out, just an interesting tidbit of info.
 
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#1,643
#1,643
AM64 said:
If your people aren't gainfully employed (as in manufacturing and thereby producing wealth) then eventually there is a problem with continuing to buy products made anywhere. Build at home, employ people at home, and you have markets for your goods at home. Henry Ford understood and did pretty well using that concept; too bad economists, business leaders, and politicians cant figure it out. But to make it work you have to trim union excesses and quit doing stupid schiff like setting the minimum wage.
Click to expand...

If you're following the Ford model you have to pay workers much more than today's minimum wage.

He believed the people building cars should be able to afford new cars.
 
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#1,644
#1,644
Velo Vol said:
If you're following the Ford model you have to pay workers much more than today's minimum wage.

He believed the people building cars should be able to afford new cars.
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That's right; he in essence created/expanded his market. Today's "business leaders" don't have the collective intelligence to figure out that successful business isn't a process of all take and no give. Nature is almost always some sort of symbiotic relationship. Similarly, if you don't see the worker as the consumer, you have a huge perception problem. Chinese workers at the expense of American workers cannot over the long term spell continuing success for the American businesses ... it's like fertilizing your neighbor's field while neglecting your own, and expecting your field to continue producing. Anyone who has studied thermodynamics or at least physics/mechanics understands this.
 
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#1,649
#1,649
Trump threatens retaliatory tariffs on French wine after they imposed a digital tax that primarily impacted US based tech companies. France agrees to repeal their tax. This win by Trump likely gets very little coverage in the biased media even though it's a yuge deal.
 
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