The math can work either direction. Using a different country as an intermediary specifically to circumvent tariffs or rare earth sanctions will hide true numbers by both countries.
Fear mongering
- Thread starter NorthernHawkeye
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And functioning as an intermediary will be one of the first thing to be addressed in upcoming negotiations with the other trading nations,... China won't be able to play that game so easily.
We are going to encourage it done with rare earths. Putting deals out for press releases are far different than having good deals.
We’re going to have to start invading some places for raw materials. Guess that’s the Greenland and Canada fascination.
Mining for them is messy. We used to here, but couldn't be price competitive. Environmentals or concentration of the raw ore both would effect viability. Greenland says they are open for business, but no company has been able to make the numbers work. I presume because of their climate.
Not So “Green” Technology: The Complicated Legacy of Rare Earth Mining
"As much as technology is hailed as the panacea of the future, most of these innovations have a dirty underside: production of these new technologies requires companies to dig up what are referred to as rare earth elements (REEs)."
hir.harvard.edu
I don't know and that's a hell of a gamble to take.
But let's say India does step up. How long do you think it will take for them to gear up to the point where products start flowing to the US? Where will the economy be at that time? How does that help the American workers?
You defended the Canadian tariff based on an unused clause. You have taken every single MAGAt talking point at face value as if you are incapable of independent thought. And then you get offended when you are called out as an idiot.
You were warned repeatedly for 6 months that Trumps tariffs would cause a recession by midsummer and you were like cool, lets vote for that. Now you're on here all day saying look this is great, it's exactly what we needed.
Business are closing today because of these self inflicted stupid economic policies. You got what you wanted.
The news media is so hoping for a recession. And promoting it. Deplorable?
The news media alerting the public buying decisions, or investing strategies should be reviewed is just putting a thought consideration many don't make in their day to day existence.
I don't know why I am not connecting on this here. Both are at the 125% mark right now, so wouldn't China (who sells 300 billion more to us then we do to them), be more significantly affected?
Trumps identified that trick and just closed the loophole. That is why the trade imbalance is likely even more significant then what is listed because China has been using that trick for years. Now they can't even get THOSE goods around the tariffs.
And remember, we are China's biggest buyer by a mile. They are not even in the top two for the US.
China is going to hurt from this.
They already can't. That loophole has been identified and stopped...well if you believe the administration.
I’m so sick of the negative fake news!!! There is absolutely NOTHING wrong in this country under Trumps leadership except for the fake outrage they are stirring up in the easily manipulated liberals!!
This is America’s golden age and people can’t even see it staring them in the face. SAD
This is America’s golden age and people can’t even see it staring them in the face. SAD
That is a great question. we already buy some of the same stuff from India that we get from China, such as medical appliances, cheap jewelry, ag products, textiles, apparel, auto parts, electronics, machinery and chemicals. We also import petroleum.
I believe the could supply some of the stuff we cureently get from China to soften the blow while we ramp up our abilities to produce more here and hire workers.
I love the positive attitude! And, for the most part, feel the same way. But, we do need to be realistic as this is not set in stone and that it might backfire...biggly. But, we are the strongest economy in the world. 👍
i don’t think there is a lot of room for being partially in. It’s sort of like the Hokey Pokey, you’re either all in with President Donald Trump or you’re not….ya can’t put your MAGA support in and then pull it back out.
I disagree friend. I want to make America great again for sure. I gladly voted for Trump. I want this to work. I believe in him. But, this may not work. And, if it doesn't the Dems will crush the Rep in the Mid term. It is that simple.
We want the rare earth's and they are refusing them to us. I suspect you just read my comment fast. Someone in our government will figure out how to get rare earth's via China through some 3rd party country.
Again, tell me what has changed in US manufacturing that would suddenly make it profitable. You have failed to answer that even though it's been asked several times.
Because we pay the tariffs ourselves on what they send us as the importer. That's the bigger number. Trump is trying to throttle imports by taxing the heck out of the good at the port of entry.
China will tariff us so our goods are more expensive than another country's to their importers.
Both moves are meant to make alternative countries more attractive.
Well, for starters, it would be of great help if we could get other countries to allow us to sell our goods fairly in their markets......you know, like cars. Tell me why we should not be striving for that instead of the status quo. That has been asked several times and have yet to see an answer.
How are American automobiles not being sold fairly overseas?
Again, what has changed in US manufacturing that would suddenly make it profitable to produce the products here?
The biggest thing is that they have always put a higher tariff on American cars in foreign markets, making them less competitive with locally produced vehicles.
It depends on the market we are going for. We cannot compete with China makers as they pay their workers slave wages. But, for those markets in which the wages are comparable.....US automakers might have a chance to gain some market share.
Why won't you answer the direct question. Fred Astaire couldn't dance around it any better.
Goodness, I have answered the question. Our automakers and our workers can be just as competative in foreign markets (that are similar to ours) as those companies who build elsewhere, but sell here.
Do a quick search on those brands which are NOT made in the US, and not made in China, but are still sold here. This is not rocket science. I feel like you are purposly trying to ignore the obvious.
The question that has been asked but not answered multiple times is
What has changed in the US to suddenly make it profitable to manufacture here?
There is little demand for US branded autos in other countries because they are generally large, expensive, inferior in their standards and considered to be of lesser quality. Has nothing to do with tariffs.
Let me make it simpler for you.
Has the cost of land acquisition gone down?
Have the costs of permitting and design gone down?
Has the cost of construction gone down?
Has the costs of equipping the plant gone down?
Has the cost of labor gone down?
Have the burden and benefits of that labor gone down?
Well?
How many deals need done before tariff relief can allow companies to know the rules so they don't burn money being reactive while having zero certainty the rules are not going to change like a rug being pulled from under them?
Do the Big Auto executives have any interest in manufacturing cars in the US?
Would the execs take a massive pay cut or find other ways to offset the loss in profits?
Nothing needs to change. What makes you think the way we manufacture here in the US would make it impossible to sell our cars in many other markets?
Your questions above make the assumption that we cannot quickly scale up production to meet overseas demand. As of the end of 2024, capacity utilization of all us auto plants in production was around 65%, meaning many plants are running way below full tilt.
Has the cost of labor gone down?
Have the burden and benefits of that labor gone down?
I already addressed the labor question by pointing out we could still sell our vehicles in markets where workers get paid similarly. Not China of course.
Tell me this, (and I have asked this before at other times), if it is so impossible for US automakers to even think about selling our cars in other world markets, then why in the world do these other countries even have any tariffs at all on our autos? That is just a shot at us for apparently no reason at all.
Well?
Why have tariffs at all?
Are you advocating for zero tariffs for imports into the US?
Why does the US have tariffs on countries it does little to no business with? If these are profitable markets why haven't the US auto makers invested more in foreign manufacturing plants to avoid tariffs?
Your question highlights your lack of knowledge beyond a few seach headlines.
Do you think there would be investment costs for auto manufacturers to significantly increase demand? What factors do you think go into a decision like that? Do you see any risks? Any obstacles?
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