HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » General Discussion (Forum) » Offshoring: Should Americ... » Reply #59

Response to Zalatix (Reply #57)

Fri Dec 30, 2011, 06:38 PM

59. So many fallacies in such a short post

 

The US has decisively lost every major trade war we have ever fought. Most recently W's steel nonsense steel tariffs of 2002-2003.

In direct retaliation to the Smoot Hawley tariffs The UK imposed a 100% tariff on US exports. Spain imposed a 150% tariff on US automobiles. The French and Swiss shut-out US goods entirely and Canada scorched earth on agriculture. Other nations retaliated in other ways but in whole the rest of the world ceased trading with the United States.

The problem with launching mercantilist trade wars in the modern age is there aren't very many goods that you can only get in one place, the rules of the fur trade and silk trade don't really apply anymore. If one country imposes preposterous trade barriers the rest of the world will just take their business elsewhere.

And the US does have tariffs on a great many imports from those nations we do not have free trade agreements with or are otherwise tariff free by way of the WTO. The purpose of these tariffs is not however to be massively punitive.

Reply to this post

Back to OP Alert abuse Link to post in-thread

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 103 replies Author Time Post
Zalatix Dec 2011 OP
Kurmudgeon Dec 2011 #1
Zalatix Dec 2011 #3
FreakinDJ Dec 2011 #2
Zalatix Dec 2011 #4
FreakinDJ Dec 2011 #5
Zalatix Dec 2011 #7
FreakinDJ Dec 2011 #8
Zalatix Dec 2011 #9
FreakinDJ Dec 2011 #11
Zalatix Dec 2011 #13
polly7 Dec 2011 #20
FreakinDJ Dec 2011 #25
polly7 Dec 2011 #40
mmonk Dec 2011 #6
Quantess Dec 2011 #42
Tsiyu Dec 2011 #10
Zalatix Dec 2011 #12
dawg Dec 2011 #15
Zalatix Dec 2011 #21
dawg Dec 2011 #26
Zalatix Dec 2011 #28
dawg Dec 2011 #34
Zalatix Dec 2011 #35
dawg Dec 2011 #36
Zalatix Dec 2011 #37
Sen. Walter Sobchak Dec 2011 #49
dawg Dec 2011 #56
Sen. Walter Sobchak Dec 2011 #60
dawg Jan 2012 #98
Zalatix Dec 2011 #57
LineLineLineLineLineLineLineLineLineLineReply So many fallacies in such a short post
Sen. Walter Sobchak Dec 2011 #59
Zalatix Dec 2011 #61
Sen. Walter Sobchak Dec 2011 #66
Zalatix Dec 2011 #67
Sen. Walter Sobchak Dec 2011 #70
Zalatix Dec 2011 #71
Sen. Walter Sobchak Dec 2011 #76
Zalatix Dec 2011 #68
Sen. Walter Sobchak Dec 2011 #73
Zalatix Dec 2011 #74
Sen. Walter Sobchak Dec 2011 #82
Zalatix Dec 2011 #85
Zalatix Dec 2011 #89
Sen. Walter Sobchak Dec 2011 #90
Zalatix Dec 2011 #93
Sen. Walter Sobchak Dec 2011 #94
Zalatix Dec 2011 #95
Sen. Walter Sobchak Dec 2011 #96
Zalatix Dec 2011 #97
LooseWilly Dec 2011 #53
dawg Dec 2011 #55
pampango Dec 2011 #91
Zalatix Jan 2012 #101
dawg Dec 2011 #14
lunatica Dec 2011 #16
randome Dec 2011 #17
Romulox Dec 2011 #19
randome Dec 2011 #23
Romulox Dec 2011 #27
Zalatix Dec 2011 #31
Zalatix Dec 2011 #22
randome Dec 2011 #24
Zalatix Dec 2011 #29
randome Dec 2011 #32
Zalatix Dec 2011 #33
antigone382 Dec 2011 #43
Zalatix Dec 2011 #45
Romulox Dec 2011 #18
PETRUS Dec 2011 #30
wiggs Dec 2011 #38
muriel_volestrangler Dec 2011 #39
Zalatix Dec 2011 #41
haele Dec 2011 #44
Sen. Walter Sobchak Dec 2011 #46
RZM Dec 2011 #47
Sen. Walter Sobchak Dec 2011 #51
RZM Dec 2011 #52
Sen. Walter Sobchak Dec 2011 #54
Zalatix Dec 2011 #58
marasinghe Dec 2011 #48
juajen Dec 2011 #50
Proud Liberal Dem Dec 2011 #62
Zalatix Dec 2011 #64
Proud Liberal Dem Dec 2011 #65
high density Dec 2011 #79
JackRiddler Dec 2011 #63
polly7 Dec 2011 #81
Zalatix Dec 2011 #86
pampango Dec 2011 #92
Zalatix Jan 2012 #100
Octafish Dec 2011 #69
high density Dec 2011 #72
Zalatix Dec 2011 #75
high density Dec 2011 #80
grantcart Dec 2011 #77
Zalatix Dec 2011 #78
grantcart Dec 2011 #87
Zalatix Dec 2011 #88
Zalatix Jan 2012 #102
unlawflcombatnt Jan 2012 #103
TBF Dec 2011 #83
getdown Dec 2011 #84
jwirr Jan 2012 #99
Please login to view edit histories.