Trade War with China Will Drive Up GPU Prices Again

Status
Not open for further replies.
My point if you can connect it is that the term trade war is a new term made up as a buzz word and possibly also used to confuse people who do not have the capacity to google.

Wikipedia Article on Trade wars date back to 2014 and all apply
From Current Page (9/20/18)
A trade war is an economic conflict resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party.[1]


From 2008
A trade war refers to two or more nations raising or creating tariffs or other trade barriers on each other in retaliation for other trade barriers. Increased protection causes both nations' output compositions to move towards their autarky position.

From 2004
A trade war refers to two or more nations raising or creating tariffs or other trade barriers on each other in retaliation for other trade barriers.

What's more a quick search shows that researchers were using it when discussing Smoot-Hawley more than 20 years ago https://www.jstor.org/stable/2951161

So no, it's not a "new term made up as a buzz word"
 
Wikipedia Article on Trade wars date back to 2014 and all apply
From Current Page (9/20/18)
A trade war is an economic conflict resulting from extreme protectionism in which states raise or create tariffs or other trade barriers against each other in response to trade barriers created by the other party.[1]

From 2008
A trade war refers to two or more nations raising or creating tariffs or other trade barriers on each other in retaliation for other trade barriers. Increased protection causes both nations' output compositions to move towards their autarky position.

From 2004
A trade war refers to two or more nations raising or creating tariffs or other trade barriers on each other in retaliation for other trade barriers.

What's more a quick search shows that researchers were using it when discussing Smoot-Hawley more than 20 years ago https://www.jstor.org/stable/2951161

So no, it's not a "new term made up as a buzz word"
You mean this article
Earliest reference in Wikipedia is 2009. That reference (investopidia) talks directly about these "trade wars in 2017-2018." Wiki article is 7 sentences long. My link to a game which is forgotten has more than 7 sentences.
1930 tariffs "trade war" the title of an article in the 1997 The Journal of Economic History.
A new term for sure that is foreign to, should i generalize here, almost everyone. I don't know what you think old is, "Trade war" based on the scarcity of the term and its age it is new and it appears, based off the information you have given me, the earliest use of the term once again was the title of an article in The Journal of Economic History.

Not a OLD term in the slightest And it is defiantly being used as a buzz word just as it was in 1997 as the title of a little-known article.
 
  • Like
Reactions: N4CR
like this
You mean this article
Earliest reference in Wikipedia is 2009. That reference (investopidia) talks directly about these "trade wars in 2017-2018." Wiki article is 7 sentences long. My link to a game which is forgotten has more than 7 sentences.
1930 tariffs "trade war" the title of an article in the 1997 The Journal of Economic History.
A new term for sure that is foreign to, should i generalize here, almost everyone. I don't know what you think old is, "Trade war" based on the scarcity of the term and its age it is new and it appears, based off the information you have given me, the earliest use of the term once again was the title of an article in The Journal of Economic History.

Not a OLD term in the slightest And it is defiantly being used as a buzz word just as it was in 1997 as the title of a little-known article.
For fuck's sake, 21 years old is not "a new term made up as a buzz word and possibly also used to confuse people who do not have the capacity to google."

But maybe it is for someone who can't Google

So let me help you with some searches. I'll limit it to the Washington Post from 1990 to present
https://www.washingtonpost.com/arch...-boosts/ddc20ee0-96b7-43c5-befa-df3e0f7fb528/

Wait, is that too new for you? How about the 1982
https://www.washingtonpost.com/arch...de-wars/1c857db7-0732-4010-a869-29014082c38e/

Do you prefer the 70s?
https://www.washingtonpost.com/arch...-makers/3f6e63fa-474b-43ae-8a83-f62bf7f7f664/
 
For fuck's sake, 21 years old is not "a new term made up as a buzz word and possibly also used to confuse people who do not have the capacity to google."

But maybe it is for someone who can't Google

So let me help you with some searches. I'll limit it to the Washington Post from 1990 to present
https://www.washingtonpost.com/arch...-boosts/ddc20ee0-96b7-43c5-befa-df3e0f7fb528/

Wait, is that too new for you? How about the 1982
https://www.washingtonpost.com/arch...de-wars/1c857db7-0732-4010-a869-29014082c38e/

Do you prefer the 70s?
https://www.washingtonpost.com/arch...-makers/3f6e63fa-474b-43ae-8a83-f62bf7f7f664/
Crap, that last article you can change Japan for China, and its dejavu all over again.
 
And this goes to my point. With large and developed economies just how effective can targeted tariffs be? A lot of US industry depends on Chinese imports. A lot of production of foreign companies is domestic. I think Wall Street has largely been unaffected by these tariffs to date is because Wall Street knows it fucking hardly matters. In any case it'll be consumers that determine how far this goes. If too many day to day items start getting to expensive, good luck to the people behind nonsense that amounted to nothing anyway beside higher prices.

I'm just adding to your post. A lot of people seem to want tariffs to be 100% even across the board. That just doesn't make sense. Specialized economies & trade has proven to be superior.
 
Status
Not open for further replies.
Back
Top