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Re:White House announces 25 percent tariff on Chinese tech g... by anon23423532 on Friday June 15, 2018 @01:15PM (#17321508)
They can try selling to other customers, but US is still around 25% of global GDP and probably a larger percentage of the market for the components that have been tariffed. Chinese government would have to print a lot of money to make up for that, which causes it's own issues, especially when considering the amount of debt China has already racked up.

The point isn't for the government to skim 25%, it's to get China to trade fairly or if worse comes to worse bring manufacturing back to the US.

In the event of a trade war US has leverage because we have the market and a essential product, food. US consumers can live without another 42in tv, Chinese can't live without food and they are entirely dependent on importing that food.

Re:White House announces 25 percent tariff on Chinese tech g... by evgen on Friday June 15, 2018 @05:39PM (#17323807)
> US consumers can live without another 42in tv, Chinese can't live without food and they are entirely dependent on importing that food.

But they aren't dependent on importing that food from the US. Brazil, Australia, Thailand, Indonesia, Malaysia, Canada and Argentina are all happy to step up and take over for US producers who are now going to see demand fall through the floor and these producers have been preparing for the inevitable shoe to drop in retaliation for US tariffs for months now. Luckily most of the damage is going to be felt in those central plains red states, so we can all ruefully shake our heads and remind them that this is what happens when morons elect one of their peers.

But I am sure people are just going to be overjoyed when their Christmas electronics are significantly more expensive, and we will see how long they believe delusional statements like ones claiming that this action will "bring manufacturing back to the US" -- I am betting that line will get you a beat-down in the Midwest by next spring.

Re:White House announces 25 percent tariff on Chinese tech g... by cat199 on Friday June 15, 2018 @07:18PM (#17324556)
> central plains red states, so we can all ruefully shake our heads and remind them that this is what happens when morons elect one of their peers.

say what you will about trump and 'central plains morons', but last time I checked, NYC isn't in kansas so 'their peers' is a bit of a stretch..

Re:White House announces 25 percent tariff on Chinese tech g... by mcphage on Friday June 15, 2018 @02:11PM (#17322082)
> if worse comes to worse bring manufacturing back to the US

If these tariffs are on components and not manufactured goods, then it seems like it would push manufacturing into China, not bring it back to the US.

Re:White House announces 25 percent tariff on Chinese tech g... by tridentlead on Friday June 15, 2018 @02:32PM (#17322268)
Not if the goal is to bring back component manufacturing.
Re:White House announces 25 percent tariff on Chinese tech g... by mcphage on Friday June 15, 2018 @03:01PM (#17322537)
Who’s going to buy the US-made components if the manufacturers that use those products have already moved to China because of the tariffs?
Re:White House announces 25 percent tariff on Chinese tech g... by yellowapple on Friday June 15, 2018 @04:43PM (#17323385)
Probably those same manufacturers, depending on whether the added labor premium is less than the cost of shipping finished goods across the Pacific.
Re:White House announces 25 percent tariff on Chinese tech g... by HeyLaughingBoy on Friday June 15, 2018 @05:42PM (#17323846)
As a first-order approximation, transoceanic shipping is essentially free. A quick google gives me $5,000 to ship a container from China to a US port. Considering the volume that a 40' container can hold, yeah, that's pretty much free.

Compare that to even cheap US labor rates and it's a no-brainer.

Re:White House announces 25 percent tariff on Chinese tech g... by systoll on Saturday June 16, 2018 @01:48AM (#17326073)
The stated goal only matters insofar as it affects the policies that are created.

In 2018, it's a whole lot easier to avoid doing any manufacturing in the US than it is to avoid using any components made in China; and both approaches avoid the tariff as written.

If the goal is to bring back component manufacturing, they need to go back to the drawing board.

Re:White House announces 25 percent tariff on Chinese tech g... by 0x0 on Friday June 15, 2018 @03:07PM (#17322598)
Maybe.... that is the purpose?

These whole shenanigans are quite transparent, really, aren't they?

Re:White House announces 25 percent tariff on Chinese tech g... by sangnoir on Friday June 15, 2018 @04:16PM (#17323180)
> US consumers can live without another 42in tv, Chinese can't live without food and they are entirely dependent on importing that food.

All fair points, but can US politicians live with opposition from the agricultural lobby and/or rural vote? Political expediency beats long-term economic planning when politician's livelihoods are on the line.

Re:White House announces 25 percent tariff on Chinese tech g... by simplify on Friday June 15, 2018 @04:42PM (#17323378)
> The point isn't for the government to skim 25%, it's to get China to trade fairly

How is it currently unfair?

Re:White House announces 25 percent tariff on Chinese tech g... by sfoblowsjose on Saturday June 16, 2018 @10:54AM (#17327630)
"consumers can live without another 42in tv." So you think. Americans will rage if these taxes land on them. There will be hell to pay. Fuck with Americans TVs and iPads, we will go to war.