Drudge Retort: The Other Side of the News
Saturday, March 03, 2018

U.S. President Donald Trump's proposed steel and aluminum tariffs won't cause China too much pain. If he really wants to land a blow on the biggest trading nation, he'd need to target electronics, toys and textiles. Metals were just 5.1 percent of American imports from China in 2016, World Bank data show, while machinery and electronics made up 48 percent. Miscellaneous items like furniture and toys accounted for 16.5 percent of imports. Textiles and clothes made up 8.6 percent. The data show Trump is attacking the wrong imports if he wants to cut the huge trade deficit with China, and that doing so would require measures against higher value products. Problem is, tariffs on goods such as electronics would ripple across a vast global supply chain, hurting U.S. allies from Japan to South Korea and Taiwan.




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"If Trump really wants to hit China's exports to the U.S., he'll have to move beyond small fry steel and solar panels to big ticket items such as electronics and telecom products," said Louis Kuijs, chief Asia economist at Oxford Economics in Hong Kong. "Any serious attempt to bring down the U.S. trade deficit with China will need to focus on the big categories."


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Targeting Chinese electronics would be kind of stupid because even when a product claims it's made-in-USA, it's brains.. or even like 90% of the product is actually made-in-China.

There is no made-in-USA any more... not in the traditional sense at least. Even a plane like the F-16 has some parts and subsystems sourced from China.

The American consumer will just be forced to pay more.

#1 | Posted by J_Tremain at 2018-03-02 01:29 PM | Reply | Funny: 1

But it would be quite a bold experiment... taking America back to Little House on the Prairie times.

#2 | Posted by J_Tremain at 2018-03-02 01:31 PM | Reply

"The American consumer will just be forced to pay more."

We can pay it in higher prices or in defense budget expenses. Either way we pay, the first way though rewards Americans with jobs which take the money spent on manufacturing and recycles it through our own economy instead of China's.
One could look at it this way; we can either invest in our economy or China's military.

#3 | Posted by danni at 2018-03-02 01:49 PM | Reply | Newsworthy 1

Dotard shoots first and asks questions later.

US Steel imports:

Canada 16%
South Korea 10%
Mexico 9%
Russia 9%
Brazil 13%

China doesn't even hit top 10.

#4 | Posted by 726 at 2018-03-02 01:57 PM | Reply

"Women and children are gonna die" - James Carville

#5 | Posted by SheepleSchism at 2018-03-02 02:01 PM | Reply

#4 Exactly, the Dotard shot the hostage. There is a lot more jobs in manufacturing than manufacturing input creation. China and before them Japan, prospered by sucking in raw materials and then adding value.

#6 | Posted by bored at 2018-03-02 05:45 PM | Reply | Newsworthy 1

Trump has no intention of "hurting" China. It's all for show, designed to keep the base on the edge.

#7 | Posted by Angrydad at 2018-03-03 11:46 AM | Reply | Newsworthy 1

All through the campaign, candidate Trump promised to get tough with China.

But the reality of needing China to help with North Korea came into focus, and Pres Trump didn't follow through.

Now that Pres Trump is seeing that China is not being very helpful with North Korea, he is following through on his campaign promise to get tough with China.

Whether or not it is a good idea remains to be seen.

But I agree with what others have mentioned - trade wars are never a good idea.

Additionally, more people use steel than make steel. Tariffs benefit those who make steel, not use it.

#8 | Posted by LampLighter at 2018-03-03 11:50 AM | Reply

Dotard shoots first and asks questions later.

US Steel imports:

Canada 16%
South Korea 10%
Mexico 9%
Russia 9%
Brazil 13%
China doesn't even hit top 10.

#4 | POSTED BY 726 AT 2018-03-02 01:57 PM

Kind of a round about way of coming to the realization that these tariffs weren't aimed at China, but I'm glad you finally got there.


None of these countries can afford to wage a trade war with the US (with the exception that CA Agribusiness may take a hit) so these tariffs are good for a lot of handwringing from the Left (who would be cheering if Obama had done it) while letting Trump fulfill a campaign promise.

#9 | Posted by Rightocenter at 2018-03-03 02:37 PM | Reply


#10 | Posted by bayviking at 2018-03-03 03:24 PM | Reply

#1 | Posted by J_Tremain

You have no idea what the Made in the USA label means. I know - just had to go through and explain all this at work. Look it up. It means an item is almost completely made in the USA. There is no percentage but we are talking on the order of 95% of production costs are US. That's really why nothing says made in the USA. Use foreign steel to make a product? Not made in the USA. Use foreign Chipsets? Not made in the USA. Now if you Used Foreign Iron Ore and turned it into steel in the US - then you have a case for Made in the USA.

#11 | Posted by GalaxiePete at 2018-03-04 03:34 PM | Reply

#9 | Posted by Rightocenter

CA Ag Biz? How about Midwest? Biggest consumer of Soy Beans by far is China.

#12 | Posted by GalaxiePete at 2018-03-04 03:35 PM | Reply

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