Posted on Aug 4, 2019
Fox News Host Neil Cavuto Tells Viewers Trump Is Wrong: ‘China Isn’t Paying These Tariffs. You...
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Fox News Channel
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Office of the President (POTUS)
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1SG (Join to see) Not Often Someone on Fox Tells the Truth. Good of You to Recognize When They Do!
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Who pays the tariffs is immaterial.
The real triangulation here is that if made in China goods become more expensive, made in America (or elsewhere) goods become more competitive. The real risk to China isn't a tariff, it is the possibility of losing market share to competitors.
The real triangulation here is that if made in China goods become more expensive, made in America (or elsewhere) goods become more competitive. The real risk to China isn't a tariff, it is the possibility of losing market share to competitors.
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SSgt Christopher Brose
The flip side of tariffs are subsidies. China subsidizes a lot (all?) of its industries. That's what enabled the dumping of steel into our economy. It was a tactic designed to ruin our steel industry. What tariffs did in that case was to put the value of the dumped steel back to approximately what it would have been without the subsidies. Essentially, it became an indirect money transfer from the Chinese government to the United States government. The tariffs make that an unsustainable model for the Chinese.
It hurts China at both ends. Like you say, generally speaking, having to pay more for a Chinese product reduces that product's share of the market. But the company producing that product might decide to move it's production somewhere else. Obviously, it's better for us if that production relocates to here, but even if they move it to Viet Nam or Indonesia, it still hurts China.
It hurts China at both ends. Like you say, generally speaking, having to pay more for a Chinese product reduces that product's share of the market. But the company producing that product might decide to move it's production somewhere else. Obviously, it's better for us if that production relocates to here, but even if they move it to Viet Nam or Indonesia, it still hurts China.
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