Since we have lost more jobs from the Trade War than gained by a tune of 370,000 approximately, why are we having a trade war with China and other countries?
Trade is incredibly complex. For example, the Biggest BMW plant is actually in the U.S. on the East Coast. (The Biggest BMW plant on earth!). So, what this means in real time is that 10,000 Americans have jobs building BMWs at this plant. But, because of Trump, the Chinese who buy some of these BMWs are going to be paying Tariffs for steel from Germany and a tariff added by China on something made in America. So, how is Trump actually helping anyone at all? In other words these 10,000 Americans might actually lose their jobs because the Chinese won't be able to afford the Tariffs and the Americans who buy these cars will have to pay a 25% increase in price for ANY BMWs they buy from the steel from Germany!
Trump acts like Trade and Trade Wars are simple. Well, That might have been true 100 years ago but it isn't anymore. So, what reality does Trump live in? Not this one!
To the best of my ability I write about my experience of the Universe Past, Present and Future
Top 10 Posts This Month
- Here Are the New Members of Donald Trump’s Administration So Far
- Trump and Musk unleash a new kind of chaos on Washington
- Crowdsourcing - Wikipedia
- reprint of: Friday, March 18, 2016 More regarding "As Drones Evolve"
- The AI Translated this about Drone Sightings in Europe from German to English for me
- The state of the Arctic: High temperatures, melting ice, fires and unprecedented emissions
- "There is nothing so good that no bad may come of it and nothing so bad that no good may come of it": Descartes
- I tried to get a copy from France from French Wikipedia but it just took me back to English Wikipedia:
- More regarding "As Drones Evolve"
- The Future of Climate Action Is Trade Policy
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment