[Newsbot]

Title: PM frets over 'dangerous' economies
Category: Business
Posted By: DerbyX
Date: 2010-06-23 11:52:18
Canadian

[KorbenDeck]

I'm not a big fan on warmer relations with China the very last thing I want is free trade with China

[andyt]

KorbenDeck KorbenDeck:

I'm not a big fan on warmer relations with China the very last thing I want is free trade with China

We already have it. We send our natural resources at "free" prices, they ship back the crap they make from it. Everybody wins. The Chinese get richer, we collapse our middle class so the neocons can create their neofeudalism.

[KorbenDeck]

andyt andyt:

KorbenDeck KorbenDeck:

I'm not a big fan on warmer relations with China the very last thing I want is free trade with China

We already have it. We send our natural resources at "free" prices, they ship back the crap they make from it. Everybody wins. The Chinese get richer, we collapse our middle class so the neocons can create their neofeudalism.

Well of course we don't put tariffs on stuff we export, people wouldn't buy it if we did. As for the crap that comes back I think we should really hit hard with tariffs, I do not believe in a global free trade network

[saturn_656]

KorbenDeck KorbenDeck:

andyt andyt:

KorbenDeck KorbenDeck:

I'm not a big fan on warmer relations with China the very last thing I want is free trade with China

We already have it. We send our natural resources at "free" prices, they ship back the crap they make from it. Everybody wins. The Chinese get richer, we collapse our middle class so the neocons can create their neofeudalism.

Well of course we don't put tariffs on stuff we export, people wouldn't buy it if we did. As for the crap that comes back I think we should really hit hard with tariffs, I do not believe in a global free trade network

Free Trade would be great, but the Chinese government manipulates its currency to better flood the western market.

Tariffs all the way.

[Lemmy]

saturn_656 saturn_656:

Free Trade would be great, but the Chinese government manipulates its currency to better flood the western market.

Tariffs all the way.

You're absolutely correct in that China manipulates its currency and that's the major problem. But tariffs aren't the solution. Why should Canadian consumers be forced to pay high prices because of a criminal Chinese policy? No way. If we conclude that China must allow its currency to float, then tell them that we won't import their shit until they do so. Simply refuse to import the junk. But don't penalize Canadians for Chinese policies.

[BartSimpson]

Lemmy Lemmy:

You're absolutely correct in that China manipulates its currency and that's the major problem. But tariffs aren't the solution. Why should Canadian consumers be forced to pay high prices because of a criminal Chinese policy? No way. If we conclude that China must allow its currency to float, then tell them that we won't import their shit until they do so. Simply refuse to import the junk. But don't penalize Canadians for Chinese policies.

The best response is sectoral reciprocity. That means that you mirror the trade policies of your trading partners. If they lower/raise trade barriers to your goods you do the same for theirs.

It's really the fairest way to do business.

[saturn_656]

Lemmy Lemmy:

saturn_656 saturn_656:

Free Trade would be great, but the Chinese government manipulates its currency to better flood the western market.

Tariffs all the way.

You're absolutely correct in that China manipulates its currency and that's the major problem. But tariffs aren't the solution. Why should Canadian consumers be forced to pay high prices because of a criminal Chinese policy? No way. If we conclude that China must allow its currency to float, then tell them that we won't import their shit until they do so. Simply refuse to import the junk. But don't penalize Canadians for Chinese policies.

With tariffs Chinese products will come at greater cost to consumers.

With refusing to import, Canadian consumers (and business?) will not be able to purchase Chinese products at all.

Given how much manufacturing has been outsourced to China, is a ban on Chinese imports is feasible?

[bootlegga]

andyt andyt:

KorbenDeck KorbenDeck:

I'm not a big fan on warmer relations with China the very last thing I want is free trade with China

We already have it. We send our natural resources at "free" prices, they ship back the crap they make from it. Everybody wins. The Chinese get richer, we collapse our middle class so the neocons can create their neofeudalism.

Hardly. WE don't give anything away for free - cheap maybe, but not free - and we can place tariffs on goods from China if we want to, and in some cases we do.

The difference is that even with shipping and tariffs, the products can still be made for less in China than in Canada, which means more profit for the corporation involved.

[Lemmy]

saturn_656 saturn_656:

With tariffs Chinese products will come at greater cost to consumers.

Indeed. And so I ask, why should Canadians pay for the bad policies of the Chinese? Wouldn't it be better to make the Chinese pay for their mistakes?

saturn_656 saturn_656:

With refusing to import, Canadian consumers (and business?) will not be able to purchase Chinese products at all.

Right, which provides an incentive for the Chinese to re-think their policies.

saturn_656 saturn_656:

Given how much manufacturing has been outsourced to China, is a ban on Chinese imports is feasible?

I wouldn't say we've outsourced to China. The stuff they make now that we used to is not of comparable quality. I'd rather see a ban on the stuff. We ought to demand that they improve the quality of their exports and stay the hell out of open market operations to devalue their currency. When that happens, they can import their wares. Until then, they can peddle them elsewhere, and, while telling them the way it's gonna be, they can find their oil elsewhere too.

[Public_Domain]

[KorbenDeck]

Lemmy Lemmy:

saturn_656 saturn_656:

Given how much manufacturing has been outsourced to China, is a ban on Chinese imports is feasible?

I wouldn't say we've outsourced to China. The stuff they make now that we used to is not of comparable quality. I'd rather see a ban on the stuff. We ought to demand that they improve the quality of their exports and stay the hell out of open market operations to devalue their currency. When that happens, they can import their wares. Until then, they can peddle them elsewhere, and, while telling them the way it's gonna be, they can find their oil elsewhere too.

We've outsourced to China. Canada MAYBE makes 5% of our clothing that's including work and recreation clothing, we wouldn't even be able to clothe ourselves if we stopped importing from China. Aside from food 95% of everything Canadian consumers buy is from Asia. We've outsourced all in the name of lower prices for consumers.

[BartSimpson]

Mr_Canada Mr_Canada:

A ban on Chinese goods would result in more quality products and the companies would actually have to pay their workers something more than a few cents a week.

No one wants that of course, because we love our cheap plastic bullshit stained with the blood of enslaved children.

+1 - Sometimes you and I are on exactly the same page. This is one of them.

[Dragom]

You guys are nuts,

First, China isn't India or Malaysia where young girls are locked into factories for less then a dollar a day waiting to be burned to death in a freak fire. It's your 20$ pants not your plastic nick-nacks that kill children.

Second, This is not the time to start a Tariff War, We're winning right now, why try to recreate the Great Depression when we're coming out on top?

[Freakinoldguy]

Mr_Canada Mr_Canada:

A ban on Chinese goods would result in more quality products and the companies would actually have to pay their workers something more than a few cents a week.

No one wants that of course, because we love our cheap plastic bullshit stained with the blood of enslaved children.

You and I disagree on alot of things, but for once, I'll admit you've hit the nail on the head.

BZ