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Thread: President Trump's Tariffs

  1. #41
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    Quote Originally Posted by galatin View Post
    Your import certificate projects is nothing else than a method which aims to balance imports and exports. It will reduce trade and growth anyway. You are blind about performance which is what really is at stake. What the US need is to give up the idea of exceptionalism and uniqueness and to address as the others do economical problems as they are. I.e. that like any other nations the US cannot manufacture everything and should focus on what they are gifted for and give up the rest. It means perhaps to develop other structures in education, training etc... But the US have all means to do it, they are just prisoner of their own myths and not ready to adjust to the mutations on the go in the world. Trying to freeze mutations is like trying to stop the tide, it is imposiible.

    Galatin, you're “preaching to the choir”. I am not among those that accepted the concept of “United States of America's “exceptionalism”. (I don't believe that I'm guilty of hubris, but of course, if we are guilty, we could not admit to it or even be aware of it). I do not believe all, most, or many of the critical things and concepts of our world radically change when entering or leaving USA's shores. You continue to state "the US cannot manufacture everything"; Import Certificate policy is not an isolationist policy.

    Regardless of what is or is not recommended for the benefit of a nation, the facts are:
    Annual trade deficits indicate their nation has used or consumed more products than they have produced.

    Annual trade deficits are always net detrimental to their nation's GDP and (if the nation does not have a shortage of labor), drags upon their numbers of jobs.

    USA, in excess of a half-century, has consistently achieved the greatest of all nations' annual trade deficits of goods.

    I'm among those disagreeing with your opinion as to how USA's adoption of this Import Certificate species would perform.
    Certainly, your opinion that it would “reduce trade and growth” for the USA or for the world's economies, (in the word of Ira Gershwin), “ain't necessarily so”. We believe it will eventually be a contributing cause of increasing rather than decreasing USA's volumes of aggregate global trade.

    We believe that regardless of other nation's reaction to USA's adopting Import Certificate policy, it would be net advantageous to USA's economy.

    Respectfully, Supposn

  2. #42
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    Quote Originally Posted by Supposn View Post
    Galatin, you're “preaching to the choir”. I am not among those that accepted the concept of “United States of America's “exceptionalism”. (I don't believe that I'm guilty of hubris, but of course, if we are guilty, we could not admit to it or even be aware of it). I do not believe all, most, or many of the critical things and concepts of our world radically change when entering or leaving USA's shores. You continue to state "the US cannot manufacture everything"; Import Certificate policy is not an isolationist policy.

    Regardless of what is or is not recommended for the benefit of a nation, the facts are:
    Annual trade deficits indicate their nation has used or consumed more products than they have produced.

    Annual trade deficits are always net detrimental to their nation's GDP and (if the nation does not have a shortage of labor), drags upon their numbers of jobs.

    USA, in excess of a half-century, has consistently achieved the greatest of all nations' annual trade deficits of goods.

    I'm among those disagreeing with your opinion as to how USA's adoption of this Import Certificate species would perform.
    Certainly, your opinion that it would “reduce trade and growth” for the USA or for the world's economies, (in the word of Ira Gershwin), “ain't necessarily so”. We believe it will eventually be a contributing cause of increasing rather than decreasing USA's volumes of aggregate global trade.

    We believe that regardless of other nation's reaction to USA's adopting Import Certificate policy, it would be net advantageous to USA's economy.

    Respectfully, Supposn
    nor, if I might add, is your preferred course necessarily correct. you understand this is a "best guess" scenario not necessarily a guarantee.

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