Qingdao Sigma Chemical Co., Ltd (International, US, EU, Canada and Australia domestic

Tariffs are a way to address trade imbalances. We run a trade deficit with Mexico on the order of $170 Billion. They have a $1.7 trillion dollar economy. The American consumer is subsidizing roughly 10% of the Mexican economy, before addressing things like tourism. Canada is around 3%. Thats a decent deal for them and why they get so upset when people start pointing out that "trade" should probably be closer to 50/50.
Well the USA has a trade surplus with Mexico when it comes to services of 170 billion. So doesn’t that cancel it out?
 
Tariffs are a way to address trade imbalances. We run a trade deficit with Mexico on the order of $170 Billion. They have a $1.7 trillion dollar economy. The American consumer is subsidizing roughly 10% of the Mexican economy, before addressing things like tourism. Canada is around 3%. Thats a decent deal for them and why they get so upset when people start pointing out that "trade" should probably be closer to 50/50.
Pretty sure any junior college you have access to can have a cheap course in Econ for you to take and not say abhorrently stupid things like that a trade deficit is a subsidy. Hell, maybe even some high schools around you can teach you that.
 
Pretty sure any junior college you have access to can have a cheap course in Econ for you to take and not say abhorrently stupid things like that a trade deficit is a subsidy. Hell, maybe even some high schools around you can teach you that.
I watch the shit that's said now and can no longer consider the country at all educated.

Best sitcom going.
 
Incredible. Today I received 3 of the packs I ordered back during the Black Friday promo. I thought they were goners for sure.

That clears about $2,750 of my $5,500 order. I'm one happy camper!
Awesome news. I ordered during the reta promo and I think two or three days later was when they shut down. I didn't even get tracking. Pretty sure it's a total loss
 
Pretty sure any junior college you have access to can have a cheap course in Econ for you to take and not say abhorrently stupid things like that a trade deficit is a subsidy. Hell, maybe even some high schools around you can teach you that.
Maybe subsidy is the wrong word but we do put an extra $170 billion into the Mexican economy that they use for things other than buying goods from us and that is a sizable chunk of their total GDP.
 
Lol okay so im not trying to be part of the “clic” just here sources so fuk off now

Let me see if I understand you correctly. You have no desire to interact with anybody or add anything of value to the discourse, but simply want to sponge information from others? How very egalitarian of you.

As I suggested. I doubt you're at risk of feeling much in the way of acceptance.
 
Maybe subsidy is the wrong word but we do put an extra $170 billion into the Mexican economy that they use for things other than buying goods from us and that is a sizable chunk of their total GDP.

Come back when you realize how absolutely precious Mexico is to the US economy. Oh, fuck it, I'll bite.

The supply chain in the US is heavily dependent on products from China that are much cheaper than those produced in the US, not only because of cheaper labor, but are the result of currency manipulation as well. China is literally footing the bill for these product for US consumers and accumulating a vast amount of debt as a result. For better or worse, that party is starting to end. Given that the Chinese debt crisis is roughly an order of magnitude greater than what the US saw in 2008, they're headed for trouble. That doesn't even begin to mention that the cheap labor in China is also drying up. It's been the case for quite some time that labor in China is less skilled and more expensive than other areas. Their manufacturing base and subsidies are the only reason they are still able to export as much as they do.

That doesn't even begin to mention their imploding demographic. The population numbers in China have been falsified for years. The one child policy and urbanization have gutted the birth rate. There are now more people in China older than 50 than under 50. Young people are the consumers and there aren't enough of them to keep the country afloat amidst the mounting debt.

The US quite literally cannot build a manufacturing base quickly enough to replace what we're about to lose. If you think you've seen bad inflation recently then hold on to your socks because you ain't seen nothing yet.

In comes Mexico that has a growing, young, and skilled workforce and the capacity to produce good and services at a cost folks in the US are willing to bear. If we fuck up that relationship, then those of you that are living on the margins are going to suffer. That is, the walmart shoppers among you that won't spend a cent more than you have to. Suddenly, those few cents you have won't yield the same quality of life you've been accustomed to.
 
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