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Message
From
17/05/2019 16:49:10
 
 
To
16/05/2019 15:50:38
John Ryan
Captain-Cooker Appreciation Society
Taumata Whakatangi ..., New Zealand
General information
Forum:
Science & Medicine
Category:
Mathematics
Title:
Miscellaneous
Thread ID:
01668508
Message ID:
01668690
Views:
43
>>>The phrase "trade war" is hyperbole.
>>>If I reduce my prices to put a competitor out of business - that's competition, not a trade war.
>>>China has been cleaning our clocks by not allowing US products into their markets.
>
>Trump regularly offers all foreign nations perfect "free trade" meaning everybody drops all their tariffs and subsidies. So far only one small nation indicates willingness to take him up on it; the major trading partners seem to think fair trade means they get to keep all their own tariffs and subsidies while it's evil for the US to have any or to resent the resulting blue collar unemployment and massive trade deficits. That tells you who's actually waging a trade war if it's important to insist there is one. Yet again I perceive the modern habit of crying out in pain while striking at the opponent.

Economies of scale will give the USA a big advantage there. We'd have the equivalent of Walmart bulldozing its way into every market with low pricing designed to destroy competitors.
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