Hacker News new | ask | show | jobs
by isoskeles 2449 days ago
The trade war, as far as I understand, started largely because companies were complaining about Intellectual Property being stolen. Although I figure the larger reason is China is a threat to American global influence, and we're trying to make sure we're the dominant country.

Regardless, I don't know how you quantify "if the US economy was hurt" in a consistent and accurate way. I'm sure some would want to use the S&P 500 or our GDP as a single measure. Neither of these things would immediately account for whether the obvious goal (not having IP stolen) or less obvious and quantifiable goal (dominance and global influence) are maintained, or suppose there's some other goal I don't know about, but it's more complex than saying we produced more value this year than last year.

I picture someone saying, "Look the S&P 500 went down, therefore the 'trade war' failed, see!" I'm not saying you would say that, I just think your definition, "if the US economy was hurt, then its a failure" leaves room for vague interpretation, where virtually any metric could be selected as proof of failure.

1 comments

> The trade war, as far as I understand, started largely because companies were complaining about Intellectual Property being stolen.

The Midwest doesn't care about intellectual property rights. IP rights is mostly a west-coast (ie: Hollywood / Silicon Valley) thing. Ford and GM aren't the ones having their tech stolen by China... its Cisco and Apple who have to worry about that stuff.

Frankly: we all know why the trade war started. The trade war started because Mr. Trump got elected and ran on the platform of starting a trade war. Its that simple.

Now its up to the supporters of this platform to put up and explain to the rest of America the situation. Its been three years, and election year is next year. Its time to show off your results.

> The Midwest doesn't care about intellectual property rights.

Are you sure about that? Have you asked John Deere, Spirit Aerospace, Cargill, ADM, Citadel Investments, ...?