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Thread: Free Trade - moved from other site

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  1. #1

    Default Free Trade - moved from other site

    Say it costs a US manufacturer $100 to make 1 ton of a product.

    Say it costs a Chinese manufacturer $100 to make the same 1 ton of product, but the Chinese government kicks in enough money to reduce their cost to $.50 per ton.

    Guess who can sell their product cheaper?

    This is one of the reasons the US steel industry almost went extinct.

    ---------------

    It's not a level playing field for free trade if one of the players is getting financial help from their government.

    Tariffs are one way to even things out.

  2. #2
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    Say some of what you are saying is true. How is it "illegal" as the author of the article puts it?

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    I assume we have some sort of trade agreement with China, and the U.S. is claiming China is in violation. Sure can't tell from the article though.

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    matclone,

    You are supposed to take author's word for it. Afterall, this is COMMUNIST China, as CNN puts it.

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    So they're communists, and they're illegal. Got it! That's all we need to know, courtesy of the newspaper that more than carried its weight in helping sell the invasion of Iraq.

  6. #6

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    IMO, communists shoud still never be trusted. Am I a dumb-ass redneck republican, or have I just learned my lesson from a long history of communist killers and liars?

    The US props up the domestic steel industry. We should let it die, as we should let all non-competitive industries die.

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