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 Richmans' Trade and Taxes Blog

Here Comes the Made-in-China Cadillac - we're published in today's American Thinker
Howard Richman, 5/9/2012

We begin:

It's déjà vu all over again! GM again caves to Chinese pressure. In September it was the electric car. In April it was the Cadillac.

The Chinese government made its latest move in December. That's when The Guardian reported that the Chinese government raised its already high 25% tariff upon American-made vehicles, concerned that increasing numbers of big-engine cars were being purchased by Chinese consumers:

Follow the following link to read it:

http://www.americanthinker.com/2012/05/here_comes_the_made-in-china_cadillac.html

Comment by Joe Esty, 5/10/2012:

Response to this comment by M, 5/11/2012:
Joe? You haven't proven (to my satisfaction) that merchantalsim does not exist. You exhibit a pathological lack of concern for the defenseless working men and women of this country.        "Let China raise its import tariff 100% on U.S. imports and let China heavily subsidize exports to the United States; that´s great for U.S. consumers." Well not exaxtly. There are real men and women who have lost their jobs due to countries like China, Japan, Mexico, and others which have implimented merchantalistic trade policies. Those men and women might have a bone to pick with you about their new found lack of ability to consume. Frankly, I have a problem with your mindless cheerleading for the primary beneficiaries of the status quo (I.E. multi-national corporation shareholders). It really boils down to - ?Whose Ox is being gored? I assume you don't have any skin in the game, because your job can't be sent off shore. Good for you! Not everyone is as fortunate.

Response to this comment by Howard Richman, 5/11/2012:
Indeed, mercantilism is alive and well and has been quite successful in recent years. Adam Smith was not correct when he held that mercantilsm reduced the mercantilist country's consumption. U. of Chicago economist Jacob Viner and Chinese economist Heng-Fu Zou found a difference that Smith had missed along the long-run short-run dimension. In the short-run the mercantilist country get less consumption, but in the long run it gets more consumption and power. In the short-run its victim gets more consumption, but in the long run it gets less consumption and power. 

Comment by Sree, 8/22/2012:

Sometimes keeping your risk management plan but executing your trades on a shorter time frame may be an effective way to lower your stop loss in pip value, while staying within the parameters of that plan. Thanks a lot.

Regards,

Comment by kasif, 8/27/2012:

American Thinker is a circadian bourgeois online annual ambidextrous with American politics, adopted policy, civic security, spiel spiele Israel, economics, diplomacy, ability and aggressive strategy. American Thinker has been mentioned in added media including Le Monde, jeux de cuisine The Guardian, Inter Press Service, Campus Watch, and the New York Times.

Comment by Tuna ton, 9/27/2012:

I work at a car donation office and this is the first time that i hear of a made in China Cadillac. How is this possible? I must check this information on other sources because something smells fishy and i don't like fish.