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Author Topic:   Senate grants Obama big win with fast track trade authority
foreveryoung
Member (Idle past 698 days)
Posts: 921
Joined: 12-26-2011


Message 20 of 29 (763351)
07-23-2015 8:16 PM
Reply to: Message 1 by dronestar
06-24-2015 5:07 PM


It is import duties imposed by third world countries that cause american goods to be expensive. Believe me, from personal experience, poor people from other countries wish they could buy american goods. It is the import duty that causes most of the expense. If this trade deal eliminates some of these duties, it is a very good deal. Is that still fascism? I will never understand some peoples use a term I would more properly apply to people like Putin.

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foreveryoung
Member (Idle past 698 days)
Posts: 921
Joined: 12-26-2011


Message 23 of 29 (763367)
07-23-2015 10:42 PM
Reply to: Message 22 by NoNukes
07-23-2015 9:50 PM


The country I visited had all imported goods priced extremely high. You cannot purchase a battery powered box fan for less than $240 USD there.

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 Message 24 by NoNukes, posted 07-23-2015 11:13 PM foreveryoung has replied

  
foreveryoung
Member (Idle past 698 days)
Posts: 921
Joined: 12-26-2011


Message 25 of 29 (763369)
07-23-2015 11:56 PM
Reply to: Message 24 by NoNukes
07-23-2015 11:13 PM


.....
Edited by foreveryoung, : No reason given.

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foreveryoung
Member (Idle past 698 days)
Posts: 921
Joined: 12-26-2011


Message 26 of 29 (763370)
07-23-2015 11:57 PM
Reply to: Message 24 by NoNukes
07-23-2015 11:13 PM


So the China fan is sold for $240 and the American fan is sold for $250 let's say in that country. The american fan automatically becomes cheaper than the China fan when you remove import duties on certain american goods in exchange for similar concessions on the American side for the raw materials this country produces. It would probably hurt the mining industry in america but it would lower the price of all goods produced from these raw materials. I cannot see what harm free trade does except harm non efficient industries.
Edited by foreveryoung, : No reason given.

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