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Posts Tagged ‘trade wars’
Are Tariffs Dangerous? Thomas Sowell Vs. Milton Friedman on Tariffs and Trade Wars
Posted by M. C. on February 17, 2025
Posted in Uncategorized | Tagged: Milton Friedman, Tariffs, Thomas Sowell, trade wars | Leave a Comment »
Only Stupid Countries – LewRockwell
Posted by M. C. on June 27, 2018
“Risking a trade war with more tariffs will only invite more retaliation that will cause significant harm to the U.S. economy,” says a statement by The Business Roundtable, “an association of chief executive officers of America’s leading companies.”
https://www.lewrockwell.com/2018/06/laurence-m-vance/stupid-countries-restrict-trade/
“We have to change our ways. We can no longer be the stupid country. We want to be the smart country.” ~ President Donald Trump
“Trade wars are good, and easy to win,” declared President Trump after announcing new tariffs on imported steel and aluminum back in March. This was after he imposed steep tariffs on imported washing machines and solar panels at the beginning of the year. Now Trump is calling for more tariffs on imported Chinese goods.
This should come as no surprise… Read the rest of this entry »
Posted in Uncategorized | Tagged: Stupid Countries, Tariffs, trade wars | Leave a Comment »
Marc Faber: These Trade Wars are Going to be Very Negative for Everyone
Posted by M. C. on May 3, 2018
https://marcfabersblog.blogspot.com/
…Concerning global trade, you are right. The idea was that multinationals in Europe and especially in the US could open up new markets like China and then sell their goods into these markets. But conditions have somewhat changed in the sense that it is the Chinese and other emerging economies that sold their goods into the US.
So to some extent, it backfired on the US and as you know the US is not the fair player and they reacted negatively. These trade sanctions or trade barriers, in my view are not very negative for China and other countries. Rather they are very negative for the US. This is my assessment of the situation.
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Posted in Uncategorized | Tagged: China, Interest rates, trade wars | Leave a Comment »
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