Tech Group Urges US To Recruit Allies To Take on China, Not Tariffs (venturebeat.com)

A trade group representing top technology companies on Monday told U.S. Treasury Secretary Steven Mnuchin that it opposes the Trump administration's focus on tariffs to try to change China's unfair trade practices. From a report: The Information Technology Industry Council said in a letter to Mnuchin that it supports the Trump administration's "Section 301" investigation into China's abuses of intellectual property, but instead of tariffs, it advocates a U.S.-led international coalition to put pressure on Beijing. "Our opposition to tariffs is pragmatic. Tariffs do not work," wrote ITIC President and CEO Dean Garfield. "Instead of tariffs, we strongly encourage the administration to build an international coalition that can challenge China at the World Trade Organization and beyond," Garfield added. "Numerous countries share the United States' concerns about China and its unfair trade practices. The United States is uniquely well-situated to lead that coalition."

Comments

Re:Draw a Red Line in the sand

[oh_my_080980980]

Actually no because China exports more to the United States then the United States exports to China. So Chains stands to lose more.

Re: What is an unfair trade practice?

[Type44Q]

Communism is all well and good when it's voluntary and at a local level (i.e. neighbors digging a shared well). History shows, however, that if it requires the pointing of a gun to implement it, there's nothing fucking communal about it at all; it just becomes another form of feudalism, albeit with Kommissars instead of Lords and Barons.

And your silly notion of "The Collective" doesn't fucking exist: human beings -are individuals.

Re: Yeah, whinning is more likely to work

[Type44Q]

We should just keep pissing away our wealth in the way of trade imbalances because it's too late to do anything about it.

Except it clearly isn't, or the Chinese wouldn't be trying so hard to convince us otherwise.