Taiwan eyes zero tariffs with U.S., pledges more investment
- Thread starter NorthernHawkeye
- Start date
3% of our trade. Trump making some big waves there.
3% of our trade. Trump making some big waves there.
Taiwan will be the first of many.
Pretty critical 3%3% of our trade. Trump making some big waves there.
Semiconductors and National Defense: What Are the Stakes?
The erosion of U.S. capabilities in microelectronics is a direct threat to the United States’ ability to defend itself and its allies. Ensuring U.S. leadership in semiconductor technology is the preeminent national security concern of the modern era.
www.csis.org
Gee I wonder why Taiwan would bend the knee. 🧐
What’s the outcome here for countries that would go to no tariffs?
US goods cost less and therefore potentially increase the market for US goods in those countries?
That’s a good thing, but is it meaningful in the broader sense?
US goods cost less and therefore potentially increase the market for US goods in those countries?
That’s a good thing, but is it meaningful in the broader sense?
Over 50 other nations have already reached out to negotiate new deals. This is the tip of the iceberg when it comes to trump wins (and it's still huge!)3% of our trade. Trump making some big waves there.
Comparative advantage is win-win, broski.
In an economic sense tariffs are just wealth transfers to specific groups at the expense of the rest.
There can be strategic reasons that nation doesn't allow an excessive dependency on another nation. The opportunity cost of foregoing comparative advantage in those strategic sectors is part of the cost of mitigating that strategic threat - just not as easy to quantify as buying another F-35.
It just burns the left's ass that this may work.
I get that.
But removing tariffs does nothing to bring back manufacturing to the U.S., as Trump has promised. Removing tariffs does nothing to increase government revenue, as Trump has promised.
If anything, removing tariffs could increase trade imbalances they’re talking about, depending on the country, no?
I see it as a good thing, but doesn’t seem to match all of Trump’s bluster.
It won’t work.
I doubt it. What burns most people’s asses is the unnecessary drama to potentially negotiate a better deal. Causing a $5 trillion drop in the stock market seems pretty stupid to save a 1.7% tariffs from Taiwan. Oh, and the lies. The constant lies to make them sound like such saviors. It’s exhausting.
Last edited:
Apparently we were smart enough not to put tariffs on those...Pretty critical 3%
Semiconductors and National Defense: What Are the Stakes?
The erosion of U.S. capabilities in microelectronics is a direct threat to the United States’ ability to defend itself and its allies. Ensuring U.S. leadership in semiconductor technology is the preeminent national security concern of the modern era.www.csis.org
They can’t even define what the goal is, much less how we would determine if it has “worked.”
Notice a diehard cultist such as you used the word may. Where is the loyalty. You need to check yourself bruh. Without a doubt this will 100% work. Trust In Trump. All of those nerds are wrong.
Must.... piss...... Pants........3% of our trade. Trump making some big waves there.
Have you considered the possibility that you're wrong?
Ronald Regan doesn't think so.
Rand Paul doesn't think so:
"Tariffs have also led to political decimation," Paul said. "When [former President William] McKinley most famously put tariffs on in 1890, they lost 50 percent of their seats in the national election. When [Smoot-Hawley] put on their tariff in the early 1930s, we lost the House and the Senate for 60 years. So they're not only bad economically, they're bad politically."
Republican senator warns Trump tariffs may spur "political decimation"
GOP Kentucky Senator Rand Paul predicted that the tariffs could cost the Republicans in the midterms.
www.newsweek.com
You guys go ahead and shoot your foot off.
Yes, and it’s well under 1%. I’d look at Canada as the most likely response. Trump with this tactic has galvanized most sizable markets to tell him to **** off. Politicians want to get reelected. Quickest way to get elections called against them is to give in.
Success would be some minor concessions from former allies. But longterm they no longer trust us and will view China as more reliable. Manufacturing at the rate Trump wants isn’t coming back. Stability is the primary factor
Bullying as the only tool won’t work. Hope you’re ready to fight more wars over resources and trading. Because this will be the ultimate outcome.
Last edited:
I would say things now are pretty much identical to 1890 and 1930, so I understand the skepticism.Ronald Regan doesn't think so.
Rand Paul doesn't think so:
"Tariffs have also led to political decimation," Paul said. "When [former President William] McKinley most famously put tariffs on in 1890, they lost 50 percent of their seats in the national election. When [Smoot-Hawley] put on their tariff in the early 1930s, we lost the House and the Senate for 60 years. So they're not only bad economically, they're bad politically."
Republican senator warns Trump tariffs may spur "political decimation"
GOP Kentucky Senator Rand Paul predicted that the tariffs could cost the Republicans in the midterms.www.newsweek.com
You guys go ahead and shoot your foot off.
It wouldn't be the Chinese assembling military landing craft in the Taiwan area?
Have you considered that you and Trump are wrong? Not only from history but also by the fact we are already in a bear market that looks like it will continue this week.
Both Taiwan and Vietnam have long sought duty free access to the US through an FTA. They may be able to achieve this through negotiations with Trump, without having to deal with Congress, it would be their dream.
Last edited:
Have you considered the possibility that you're in a cult?
This means Taiwan citizens won't pay more for US produced goods that they import.
Good for the Taiwanese.
Good for the Taiwanese.
What does worked look like? What is the goal? Bring back manufacturing? Then he has to hold tight on tariffs. Midterms will be a blood bath. Increase exports? We have had a labor crisis for 8 years. Weaken the dollar. OK he got that done. Crash the market? Yep, that worked too.
If every country went to zero tariffs and the trade deficit still tripled you would claim he won. This is a Trump made financial crisis. There is no possible way for him to win.
It's about feels and vibes for the cult. Reality isn't even an afterthought for Northern, it's an impossible to identify.
I read today Vietnam has a huge trade imbalance with the U.S. We are their largest trading export market. I cannot see how we would ever even that out. Nor should we try to do so.
hawkeyetraveler
HB Heisman
Taiwan is not a bellwether for other nations. They critically need a good relationship with the US. We have them over a barrel due to their need for our military support. Of course they will have to acquiesce (and I am sure we have been exerting massive pressure behind the scenes for them to drop any tariffs),
The real question is what happens to the larger economies and trading blocks. It sure looks like EU and Canada are holding firm. And even if everyone caves, they are aligning towards each other and away from the US. See Japan’s and Korea cozying up to China as exhibit A of things I could not imagine a few short months ago.
The real question is what happens to the larger economies and trading blocks. It sure looks like EU and Canada are holding firm. And even if everyone caves, they are aligning towards each other and away from the US. See Japan’s and Korea cozying up to China as exhibit A of things I could not imagine a few short months ago.
China is so far ahead of the US car makers that there is no way we could ever compete on a global market. They have made a huge push to supply South East Asia. We have already lost there.
Foreign tourism is 1.1% of gnp and there is a thread of people shitting themselves about that.3% of our trade. Trump making some big waves there.
The orange one can reach agreements with other countries, but will that change the way their citizens view the US afterwards? Will the Canadians or Europeans come flocking back here for their vacations? Will they start buying our products again? Will they ever trust the US again. Will they stop unloading the securities that finance our massive debt?
Even when trump leaves office, they will still know that we are capable of electing another asshole just like him again. I'm afraid that a lot of trust and good will that has been built up over the last 80 years will have been pissed away. I don't think the greatest generation, that saw us through 30's and 40's, would be very proud of what we have become.
People will buy the cheapest thing.
We already ignore the slave labor that makes our clothes. The horrible conditions in the factories that make our phones.
I would believe what you said if countries start asking for the US to close their military bases and stop giving them aid.
I'll save NorthernCultist another new thread to spike the football in:
