China sells products below the actual cost of production.
Sounds like a good deal for the consumer then. Grocery stores do this too, it's called a loss lead.
The point is to kill the US. Destroy all means of production.
Then when they have full control and production, they can jack up the prices to their desire.
Yeah, that's the argument but it doesn't follow.
First of all, if they're selling below cost, then the resources have to come from some other part of their economy.
Secondly, if they jack up prices firms can just start production back up. There may be some lag time, but it would be temporary.
The CCP prints money and lies about their economy. They hide or lie about most economic activity thus not same playing field.
The goal is not to take over a market but keep their enemy America from having it with influence. This is war not competition. If they take over the industries then they can suck dry the country and buy it up. The Chinese see the long game.
They often simply just print money. They have control of their central bank, and can just print money to offset the cost.
This is why Trump kept saying "currency manipulation" when ever he talked about china.
Also, why not have tariffs and fewer internal taxes, the first tariffs were imposed by President Washington. They were a good source of revenue for the government before 1913.
Secondly, if they jack up prices firms can just start production back up.
That is assuming we have a country at that point.
I get some of this information watching Peter Navarro, he was pretty insightful. Obviously the jew media never gives light to a focus for tariffs.
(post is archived)