Posted by elton fancher on September 19, 2018 at 18:58:15 from (64.130.164.71):
In Reply to: Tariff War Question ... posted by Crazy Horse on September 19, 2018 at 07:45:37:
We may well be a winner in a trade war with China, a decade or so should tell the long story. For the short of it, as many say, we need to absorb some pain, although I believe most of those that say that are trying hard to avoid the pain. We are now on a long haul trip, led by a fellow that loves to showboat. We have a trade surplus with Canada, isn't that good enough to let them slide? The EU recently agreed to buy more beans but said they were going to do that anyhow, so if we don't lose market maybe we don't gain either. But the real deal now is tariffs hitting consumer prices. If poor folks were buying cheap products that may well be impacted buy new tariffs where will they get more income? All this is more complex than simply winning or losing. And if we see winning as crippling China's economy, remember, that economy has worldwide implications.
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