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Trump's EU tariffs are a game of brinkmanship he thinks he can win and get the EU to do what he wants. His China tariffs though are legitimately for national security reasons since China's plan has been to dump extremely under-priced goods in the US to damage their domestic manufacturing to the point of non-existence, at which point China would heavily increase those prices, and the US would be forced to buy the now over-priced goods from China because it can't make the products at home anymore.
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Jul 11, 2018 15:46
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Squalid posted:Do we have any real life examples of dumping being used to shut down rival industries and then increase prices? I’m curious how these disputes work in practice. If the result is the same as monopolistic behavior by private industry of course it should be constrained. OPEC increased oil production when gas was around $3 a gallon to kill the booming fracking industry in the US.
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Jul 11, 2018 15:48
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Squalid posted:So since nobody could come up with any examples, I’m going to assume there are literally no examples of predatory dumping being used to crush a domestic industry followed by the exporter jacking up prices in a monopolistic manner. So far as I can tell that is simply a fantasy scenario imagined by protectionists. You see little predatory dumping followed by raising prices because everyone knows about it, so if it is attempted it won't get to to the "raise prices" part, which deters anyone from trying it. It can only really work against undeveloped countries that lack the military power to prevent foreign goods from getting in their borders. Worrying about predatory dumping is exactly what prevents predatory dumping.
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Jul 12, 2018 20:49
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So are tofu prices about to plummet in the US?
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Aug 12, 2018 03:58
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Once you go American food, you don't go back.
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Oct 2, 2018 07:00
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Raspberry Jam It In Me posted:How do you know when you have won a Trumpian Trade War though? I think China already tried buttering the moron up with praise and bribes and he didn't stop. Like, what can the Chinese government do policy wise to stop this? Remove the tariffs on imported soybeans? If China just accepts that America should be self-reliant for steel then there's no logical reason for the soybean tariff, it's not like American soybean farmers are working below minimum wage to grow them. This whole mess is because Trump thinks America needs to have a vibrant steel industry for military purposes, everything else follows from that.
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Oct 27, 2018 17:11
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BrandorKP posted:And ships are always "tipping over" they roll from side side to a degree depending in thier stability condition and the sea condition. Ehh, it's not that dangerous as long as you just treat the soy like oil or some other liquid. Once you do that you just install anti-slosh baffles to limit the soy shifting, or compartmentalize the ship.
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Nov 14, 2018 00:26
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