Selling to the Global South is just as good as selling
to the USA and the EU, without the tariffs. China will lose nothing and
gain nothing from those escalated tariffs while USA and European
consumers are being punished with expensive consumer products with the
tariffs added in.
All those tariffs are being dictated by the
ICE vehicle manufacturing lobby, to protect their shrinking turf against
EVs. To cater to this form of corruption, the USA voters have to suffer
the consequences. Both parties are trying to play the same game, as
they are beholden to campaign donations one way or another and have to
uphold their promises. Failure to do so means the donations go the other
way.
Did the trade war of so many years made the USA great?
Four years of MAGA is a joke when after that someone else takes over.
There is no continuity to making USA great again.
Anonymous
The USA's propaganda machine had been so successful in selling its snake oil, that the people are totally dumbed down and brain-dead after decades of brain-washing and unable to discern fact from fiction. Democracy triumphing Communism, that hyped-up propaganda has been destroyed and put to rest. No way can that fact be hidden.
ReplyDeleteChina made a real game changing move by offering free visa travel to China for foreign visitors from selected countries, which had been very innovatively done to counter the lies of the MSM about China, and particularly Xinjiang. Today, on social media, we can find numerous vloggers who had the opportunity to visit China, putting up personal experience videos showing the real China that they encountered. They were shocked to see the reality as against the lies generated by the USA MSM and the Government.
Of course, to belittle the credibility of those vloggers, the pro-USA shrills are trying to deflect the damage being done by asking those vloggers the template question as to how much they are being paid by the CCP. If what these vloggers are telling everyone is not true, asking more foreign visitors to go to China to see for themselves will destroy their reputation for good? Isn't that silly?
Moreover, to do damage control, the somebody in the USA Government had at one stage floated the idea about banning its citizens from visiting China for fear of letting the cat out of the bag. Now, the cat is really out of the bag and Xinjiang is out in the open for all to see and even enjoy visiting. Foreign visitors, intrigued by the lies, are in fact searching for those imaginary concentration camps that were reported, but found instead well built-up mosques, city centers, train stations and happy people living in harmony. Those foreign visitors were shocked and awed.
Yes, let the USA people believe in whatever they want, while others move forward happily. By the way, it has now been reported that money is not the only criteria for happiness, as many poor Asian countries in the Himalayan region are really happy and contented with their lives, despite missing all the high-tech toys, lavish lifestyles and moral decay like sex, drugs and alcohol that only money can bring about. Think about it as well!
American Harley-Davidson Tariff Backfire
ReplyDeleteThe Milwaukee Journal Sentinel recently reported that the U.S. motorcycle manufacturer plans to shift more production to Thailand. Calling the move “a kick in the teeth to American workers,” International Association of Machinists and Aerospace Workers President Brian Bryant has importuned Congress and the White House to intervene.
How about calling for a reversal of the Trump-Biden tariffs that are partly to blame? Recall how President Trump’s steel and aluminum tariffs in 2018 prompted foreign governments to retaliate. The European Union slapped 31% tariffs on Harley motorcycles made in the U.S. China imposed 55% duties on U.S.-made motorcycles.
Because such tariffs would have rendered Harley less globally competitive, it shifted production intended for foreign customers to a new factory in Thailand. In 2019 it closed a factory in Kansas City and consolidated manufacturing in Wisconsin and York, Pa. Mr. Trump then kicked Harley by encouraging a boycott. Its U.S. sales fell 15% between 2017 and 2019.
Enter President Biden, who has maintained his predecessor’s tariffs. Meantime, inflation fueled by his spending has increased Harley’s production costs and dented U.S. sales, which have fallen another 20% since 2019. Asian markets make up a growing share of its sales. To stay globally competitive, Harley is shifting more production to Thailand.
Harley illustrates how the Trump tariffs and Mr. Biden inflationary policies are harming American manufacturing. U.S. manufacturing output declined in 2019 amid Mr. Trump’s trade fusillade and is now lower than a decade ago.
That is why trying to lure manufacturing back to USA is an exercise in futility. USA manufactured products can never compete outside of the USA. It is a done deal.
ReplyDelete