permafrost Loc: Minnesota

From Quora...

Do you now understand trump trade war better???


Me? I’ve always understood Trump’s trade war. I’m not sure that you have though.

There are no concessions worth a damn. What the Canadians and the Mexicans “conceded” to were mild revisions of the North American Free Trade Agreement, that allowed for modifications of the percentages of content manufactured in North America to avoid tariffs. Did you get that subtle point? Supply chains are now global, so everyone had to agree on whether the end product was North American. Not Made in the USA. Made in North America. The best part of this “new” deal: US manufacturers were already working under those provisions. No change. Why do you think that American companies were relieved when they discovered its terms?

Here’s the best part, though: Congress has a lot of problems with this deal, on both sides of the aisle. Don’t be shocked if it crashes and burns.

As to China, the Chinese have conceded nothing at all. They “promised” to buy more American agriculture and manufactures, but that doesn’t mean anything. What will they promise to buy? To return to the level of soybean purchases they were buying before the trade war tanked those sales for American farmers? Good luck there. Those markets are now dead, because the Chinese have already found alternatives. A soybean is a soybean. There is nothing special about American soybeans. More American beef? They can get that from Argentina. No tariffs in Argentina, and no mercurial president to alter his policies on a whim, a wing and a prayer.

The Chinese also promised to negotiate further. That’s “promised”. To negotiate. They made no concessions. Just like the North Koreans “promised” to be good, made no concessions, and increased their nuclear weapons production while Trump was pathetically strutting around preening for a Nobel Prize because Barack Obama has one.

If the stock market responded positively to the news that Trump and Xi agreed to a truce, that was the only reason. The market responded to the news that Trump wasn’t going to levy even more stupid and senseless tariffs on Chinese goods, which are often components of American manufacturing. Apple’s iPhones will be cheaper in January not because the Chinese are buying more. They will be cheaper in January because they will be avoiding the Trump imposed tariff — which you pay, by the way, not the Chinese.

So, we are still in a trade war, of course, because Trump didn’t remove the Mexican or Canadian tariffs in spite of this renegotiated NAFTA, and there are still tariffs on hundreds of billions of dollars of Chinese imports, while everyone — including the Europeans — is still retaliating against America for this asinine and pointless “policy”. Even if the Mexican, Canadian, and Chinese “agreements” ended the trade war, how would you make up for all that lost business the trade war has caused American farmers and other exporters? Or had you forgotten about that? I’m pretty sure they haven’t.

Now that I have cleared up these misconceptions for you, are you beginning to understand Trump’s “trade war” a little better? If you supported this imbecile for president, are you beginning to understand a little better why most of the country doesn’t?

archie bunker Loc: Texas

To answer the question at the end, no. As long as there's Coors, and Crown Royal on the shelf, I'm good.

slatten49 Loc: Lake Whitney, Texas

Coors What happened, Arch, did you run out of Lone Star

Kevyn

Both Lonestar and Coors are carefully crafted and then lovingly bottled only after filtration through thirsty old horses. They haven’t brewed decent beer Anywhere between the Mason Dixon and Mexican border since Jax quit production.

slatten49 Loc: Lake Whitney, Texas

To each their own, Kev, but I never cared for Jax Beer. It is, as I understand, very hard to find in most markets. As it is, I drink very little of any alcoholic beverage...beer or otherwise.

archie bunker Loc: Texas

Don't be nice to him. He's a troll.

permafrost Loc: Minnesota

Gee archie, I think I saw that same sky at my house.. who woulda thunk it... nice sky any time we look..

I could not get the very start or the very end of the comment of pick up, but it is from quora..

had a bit of Crown Royal some were around hear.. wonder what became of it.. Coors never lasts beyond the end of lawn mowing season..

Bad Bob Loc: Virginia