China has been around for a long, long time and has gone through many phases, including the current incarnation. In this time they have done a great many things for humanity. Including, one could argue, hugely reducing the cost of manufactured goods.
You talk about fairly competing like the US does not massively subsidize many, many industries, undercutting other countries. Not to mention some of the stuff it did in the 80's around south America.
And let's not talk about the fact that the US stole a lot of trade secrets and IP during its industrialization from Britain and other countries.
Feeling threatened by another nation going through its industrialization process and iterating upon it is not a good look, IMO, especially when now the glove is on the other hand so to speak.
Companies have three options:
1. Do nothing in the US except [perhaps] selling the finished product, and use whatever components you want.
2. Use chinese components in US manufacturing.
3. Assemble in the US using no Chinese components.
Given the scenario you've described, presumably #3 > #2 > #1. And right now, almost everything is taking route #1.
So what does this tariff do for companies currently taking route #1? The tariff doesn't affect finished products, so there's no direct impact on them.
If they want to move something to the US, they'll find themselves in #2, the group that's hit with the tariff. Is it a good thing to discourage that?
It also discourages products that are currently america-only from adding chinese components. That might have prevented today's situation if it were enacted in 1980, but it's pretty much irrelevant today.
Also, copying isn't cheating. Copying/imitating is the free market at work.
Donald Trump and your mad about it.
Neither is your comment.
Aviation and top R&D being stolen from Boeing, just in general corporate espionage is rampant just Google it. The kicking out of top tech firms, why is Google not there in China? Why is that fair? China does not play by any rules and therefore they can’t be allowed to play with us.
The purposeful devaluation of their currency, why is that fair?
I could go on and on. I assure you I’m not a Nazi and I really dislike that part of Trumps campaign but man he is so right on this one.
Guys, so what? You think middle America gives a shit your high tech biz is getting hit?
The fact that everyone is building all of this out of China is a terrible sign. The fact that China has grown incredibly quickly by cheating is also terrible. They are number two not because they truly invented, fairly competed, or did anything useful for humanity. They stole all sorts of trade secrets, they continue to do that, didn’t license anything, pushed all of our companies out etc..
I didn’t vote for Trump, but listen to yourselves.
I might vote for Trump on the next one because I really do agree with him on this.
EDIT: downvote me it’s ok, it does not change the fact that you are out of touch and not really looking to hear the other side at all.
EDIT, EDIT: Keep down voting me guys, calling me a racist but it does not change the fact that you aren’t looking to have a dialogue about this.