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May 31 2018 03:02pm
the outrage is kinda cute, especially from the EU, which itself is a gigantic protectionist
its not only about tariffs

just to name one example, the EU uses very restrictive and specific regulations to constrain the flow of agricultural products from america coming to europe, otherwise food could be cheaper for all of us (needless to say the EU got pressured into it to keep prices high, like the lobbyist and corrupt sinkhole it is)
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May 31 2018 03:05pm
Quote (Ghot @ 31 May 2018 15:55)


The number 1 reason why the US has such a large trade deficit is because we buy a ton of imports from other countries, not because we are getting ripped off. Economists have demonstrated that free trade is the best policy for everyone.
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May 31 2018 03:05pm
Quote (ampoo @ May 31 2018 09:02pm)
the outrage is kinda cute, especially from the EU, which itself is a gigantic protectionist
its not only about tariffs

just to name one example, the EU uses very restrictive and specific regulations to constrain the flow of agricultural products from america coming to europe, otherwise food could be cheaper for all of us (needless to say the EU got pressured into it to keep prices high, like the lobbyist and corrupt sinkhole it is)


I'd rather not have my chicken washed with bleach thank you very much.

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May 31 2018 03:09pm
Quote (balrog66 @ 31 May 2018 22:05)
I'd rather not have my chicken washed with bleach thank you very much.


'b-b-but trump can do no wrong. EU outrage bad, tariffs good, tradewar great, just shooting BACK. let's cherrypick and misrepresent more cases to show how poor america is victim. maga!'
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May 31 2018 03:09pm
Quote (balrog66 @ 31 May 2018 23:05)
I'd rather not have my chicken washed with bleach thank you very much.


me neither, why am i not suprised that you had to choose the most extreme example of them all :lol:

Quote (fender @ 31 May 2018 23:09)
'b-b-but trump can do no wrong. EU outrage bad, tariffs good, tradewar great, just shooting BACK. let's cherrypick and misrepresent more cases to show how poor america is victim. maga!'


i didnt say any of that
retard

This post was edited by ampoo on May 31 2018 03:10pm
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May 31 2018 03:11pm
Quote (ampoo @ May 31 2018 09:09pm)
me neither, why am i not suprised that you had to choose the most extreme example of them all :lol:



i didnt say any of that
retard


Exactly because it is the most extreme example.You can turn the entire issue around as well. The US could export to the EU if they complied with our standards. Then it wouldn't be a problem.
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May 31 2018 03:19pm
- choosing just one issue of an overall balanced trade relationship to pretend poor america is taken advantage of (as a european mind you, trump love is strong).
- gets mad when this one example gets completely obliterated with one simple example.

irony ofc completely lost on them...
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May 31 2018 03:23pm
Quote (balrog66 @ 31 May 2018 23:11)
Exactly because it is the most extreme example.You can turn the entire issue around as well. The US could export to the EU if they complied with our standards. Then it wouldn't be a problem.


EU regulations go far beyond these standards, the well known german economist hans werner sinn explained as much nicely in an interview recently
even regular apples and potatoes are regulated in a way that makes it impossible for american products to compete on the market

i am the last guy, who wants food that is not the quality that we consider good

by the way, less developed countries suffer a lot from that as well, they cant enter the european market for the sake of european producers keeping prices high

https://ec.europa.eu/agriculture/sites/agriculture/files/potatoes/fact-sheet_en.pdf

this states how only "registered" potatoes are allowed to be on the market

Quote (fender @ 31 May 2018 23:19)
- choosing just one issue of an overall balanced trade relationship to pretend poor america is taken advantage of (as a european mind you, trump love is strong).
- gets mad when this one example gets completely obliterated with one simple example.

irony ofc completely lost on them...


is it fun following people around, showing your stupidity with every post without EVER posting an argument

you are sick

This post was edited by ampoo on May 31 2018 03:26pm
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May 31 2018 03:33pm
Quote (ThatAlex @ 31 May 2018 23:05)
The number 1 reason why the US has such a large trade deficit is because we buy a ton of imports from other countries, not because we are getting ripped off. Economists have demonstrated that free trade is the best policy for everyone.


free trade is the best policy for maximizing the gdp/the economic output. nontheless, free trade is of course producing losers who are worse off, and it is of course NOT proven that completely unrestricted free trade is the best economic policy in a utilitarian sense.

free trade maxes the gdp, but some other policy might yield a society with a higher average utility/standard of living/a better distribution of wealth.

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May 31 2018 03:45pm
Quote (ThatAlex @ May 31 2018 05:05pm)
The number 1 reason why the US has such a large trade deficit is because we buy a ton of imports from other countries, not because we are getting ripped off. Economists have demonstrated that free trade is the best policy for everyone.




Yeah. We gave away our manufacturing in the mid 80's. My guess would be that we did this to protect the environment, or the agriculture of the US.
You can see the result, China is literally the pollution capital of the world.
I think we should have tried to split the difference, instead.
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