Is the market safe to invest now having all these tariffs to China?
YES just do not buy Chinese stocks or companies that sub contract most of their parts in China, do your research, take your time, do not put all your investing money in one stock. I did have good success back about 2003 with two Chinese companies , China Unicom, and China Yatchi Diesel. NOT NOW
â â â â â â
Why do countries set tariffs against each other?
Tariff is proctectionism - using state intervention to protect domestic products. It was bad Economic policy in my Opinion.If people buy cheap foreign products it will threaten domestic companies who can not compete with foreign products. The domestic companies will force the government to put tariffs on foreign products to force people buy domestic ones. If tariffs increase the price of cheap products will increase and people will have to buy expensive domestic ones.Bad thing about tariffs is that it can cause inflation. If we put tariffs on cheap foreign steel it can harm some domestic companies. Tariffs will force motorcyles company buy domestic steel and If the price is high then it is bad for motorcycle company. No cheap foreign products means the domestic companies will replace the foreign products but the price is not cheap because it costs millions to replace those products.
â â â â â â
Why doesn't Congress make a law inserting tariffs on oil leaving the USA?
We can do that and we can drop the state and federal gas tax then gas would be back to 3.25 a gallon then if we open up more drilling gas would also go lower
â â â â â â
Japan charges no tariffs on cars imported from the US; US charges tariffs on cars imported from Japan, fair?
An American car does have a big tariff in Japan! I saw recently on TV where a Ford Taurus costs more in Japan than a Mercedes does here!
â â â â â â
What is the argument as to why tariffs are beneficial for the US economy?
The only tariff that increases domestic commerce. Sadly we do not have the diversity of employments, or association for this. At one point in the late 19th century foreign commerce represented 1/25 of our commerce. Domestic commerce was 24/25 of our commerce. This was brought about by protectionism. We do not have the industrialists to want an economy like that. We do not have the economists like that to make this possible We do not have the culture that wants domestic commerce. This culture wants cheap labor. She does not want to develop places like Africa. Neither does she want China doing it. This culture that sees tariffs as evil also does not want to see the United States involved in the New Silk Road. The United States is not going to go any where if it keeps its present deliberate ignorance when it comes to economics. They would rather have nations specializing in various types of industries. It is not concerned with having a home market that is for her domestic industries. We are prostitutes for cheap labor. We are told if we bring industry back to the United States , the prices of goods will go up,and the economist says it is better to listen to us. Cheap labor is quite needed,and we need a carbon tax. We do not need investment in infrastructure.Protective tariffs such as the 1824, 1828, 1842, the Morrill Tariffs,the Nelson Dingley tariff increased domestic commerce, used infrastructure productively, utilized the treasures of the earth more,and protected labor from cheap labor. The Protective was also public enemy number 1 to the British Empire. The British do not have to say much about the protective tariff these days she has all sorts of politicians, economists, and media denouncing it. Who is there to challenges these accusations about protectionism. Alexander Hamilton is considered to have written the bible of protectionism the Report on Manufactures. We do not have many students of Alexander Hamilton. People know nothing about the tariff, more so the best one the protective tariff. Political economy is in a dark age. This why you asked that question. You have not read a first source concerning the protective tariff in your life. You ,like every other America that know nothing about tariffs. You al do not even know what a protective tariff does. It does more than restricts trade. IT ORGANIZES TRADE SUCH AS TO FAVOR DOMESTIC COMMERCE AND INCREASE THE ENERGY FLUX DENSITY INA ECONOMY. WE HAVE A PRESENT CULTURE THAT IS AGAINST NATIONAL BANKING, PROTECTIVE TARIFFS AND GOVERNMENT FINANCING ECONOMIC PLATFORMS.The tariffs being used by China and the United States are for not regulating trade. They are negotiating /punitive tariffs,and retaliatory tariffs. The United States have not had a protective tariff since the ending of the Nelson Dingley tariff. This was the greatest protective tariff in U. S History. The Dingley Tariff put the U. S auto sector on the map. Protective also for some reason in the 19th century always happened to increased rail road building.How much infrastructure are we building with free trade. Our legislators are listening and acting accountants. They only want to judge a project for its return of investment. Infrastructure for flood prevention and to stave off the powers of super storms and Hurricanes are not suppose to generate money. They are suppose to save lives. Our Congress and Senate both Democrat and Republican are not in the state of mind to save lives, to increase consumption of the treasures of the earth and to organize trade such as to favor domestic commerce. Why would this legion club with her degenerate voters embrace the American System of Political Economy? We are too busy being irresponsible. We do not want Congress and Senate to increase national wealth. We want Congress and Senate to legislate for the purposes of promoting private wealth. Your question concludes that you want private wealth more than you want national wealth. The Protective tariff we need to create the conditions for this again, but we need more that it alone. We need HIS MOST EXCELLENCY LYNDON LAROUCHE'S 4 economic laws and a New Bretton Woods. We do not need economist and politicians who say infrastructure is a waste of money if it saves lives instead of having a lucrative return of investment