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CallumWK

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Everything posted by CallumWK

  1. They are shifting a lot of their production to India, which soon may get a free trade agreement. And in case you missed it, Apple airlifted 600 tons of Iphones out of India just before the tariffs hit.
  2. They are shifting a lot of their production to India, which soon may get a free trade agreement. And in case you missed it, Apple airlifted 600 tons of Iphones out of India just before the tariffs hit.
  3. The difference between the US and China is that China's US imports are mainly agriculture products, which they can get from virtually any country in the world. While the products the US imports from China, are mainly electronics or labor-intensive products, which the US can virtually get nowhere else, or produce themselves at the same cost.
  4. Thought you were so well informed, but of course we know MAGA and information don't go together. https://finance.yahoo.com/news/china-makes-big-brazilian-soy-114706866.html China Makes Big Brazilian Soy Purchase as US Trade War Worsens (Bloomberg) -- Chinese soybean crushers scooped up an unusually large amount of Brazilian beans this week as the escalating trade war makes purchases of US crops unviable. Importers bought at least 40 cargoes from Brazil in the first half of this week, according to people familiar with the matter, who asked not to be identified as they’re not authorized to talk to media. They booked the supplies to take advantage of a recent dip in Brazilian prices, which had rallied in previous months amid the fallout of worsening Sino-US tensions, the people said.
  5. We are not in the UK, and all banks in Thailand charge the same fee of 2.5% While there may be no fees for certain credit cards in the UK, I see that the average charges even higher fees I see HSBC charges 2.99% and Santander the same, while Santander charges 2.95%
  6. Some readings for the MAGA boys for their wake-up call. Take note Dimon supported Trump in his election.
  7. Not long ago the OP claimed he wasn't a MAGA cult member, yet he starts one after another thread defending Trump.Sounds to me as if he also has problems with the truth. If you sleep with the dog you get his fleas come to mind.
  8. I'm currently applying for a credit card with Kasikorn Going through the terms and conditions, I stumbled on the below remark, which I find very strange, as I would think Visa and MasterCard are able to convert any major currency directly to Thai baht. I called Kasikorn call center, and they didn't have a suiting answer. I look on the UOB website, and they have an identical remark for their credit cards. Since an overseas payment carries a 2.5% bank fee on top of the exchange rate, does this mean that there are 2 exchanges if your transaction is for example in Euro, and as such also 2 x 2.5% fee? Even if not twice a fee, exchanging from Euro to USD, and then from USD to THB, for sure will result in an unfavorable exchange rate. And can anyone explain what these fees are?
  9. I know a few shops in Naklua where they still have the covid restrictions, and you can't enter the shop
  10. Thanks for confirming that in the YEARS it will take to build factories there will be pain for the US population.
  11. Quick question for you. So you are in denial that there are tariffs in place, and that because of tariffs prices will increase for the consumer?
  12. Is that the best you can come up with, a failed single project compared with a ruined economy? Oh, and you mean this one, right? https://www.theguardian.com/us-news/2025/mar/05/trump-musk-rural-internet-starlink The Trump administration is preparing to overhaul a $42.5bn Biden-era program designed to connect tens of millions of rural Americans to reliable and affordable high-speed internet, in a move that is expected to benefit billionaire Elon Musk. Experts generally agree that using satellite services costs less to connect difficult-to-reach homes than fiber. But fiber also provides a more reliable, faster and less expensive option for consumers. Any change to the program could face substantial pushback from states and Congress, including Republican senators who have previously sought assurances from administration officials that the federal program, which is expected to generate billions of dollars in long-term economic growth across some of the poorest states in the US, would largely be left alone.
  13. That are the March figures, before the tariffs were in place....................in case you missed it. After the tariffs are enforced, it will take 1-2 months before it is reflected in the prices. In case you missed it.............
  14. My guess is that China will just blacklist every US company. China doesn't need the US, since they account for less than 15% of the exports. I read earlier today that they already found another source for the soy beans they import from the US. Keep going Trump, you are winning (sarcasm of the highest level) but your cult still believes it.
  15. Which countries, other than the third world ones, are negotiating with Trump? Almost every developed country issues counter tariffs. The third world countries removing their tariffs will make zero difference for the trade balances, since they will not import more, and actually may export more if tariffs are removed US side. Trump loses once again.
  16. Look like Trump should be prosecuted for rigging the market, and offering insider information. https://finance.yahoo.com/news/trumps-buy-tip-social-media-230226399.html NEW YORK (AP) — When Donald Trump offered some financial advice Wednesday morning, stocks were wavering between gains and losses. But that was about to change. “THIS IS A GREAT TIME TO BUY!!! DJT,” he wrote on his social media platform Truth Social at 9:37 a.m. Less than four hours later, Trump announced a 90-day pause on nearly all his tariffs. Stocks soared on the news, closing up 9.5% by the end of trading. The market, measured by the S&P 500, gained back about $4 trillion, or 70%, of the value it had lost over the previous four trading days.
  17. Trump has shown he has no plan. https://www.euronews.com/2025/04/08/president-trump-confirms-no-plans-to-suspend-global-tariffs-despite-us-stock-market-dip There were big swings in US stock throughout Monday's trading session after Trump warned he could raise tariffs even further. US President Donald Trump has confirmed that he has no plans to suspend global tariffs, despite another day of turbulence in global stock markets. When asked by a reporter in the Oval office whether he would be open to a pause in tariffs to allow for negotiations, Trump responded: “We’re not looking at that. We have many many countries that are coming to negotiate deals with us and they’re going to be fair deals and in certain cases they’re going to be paying substantial tariffs.” https://www.yahoo.com/news/trump-team-no-idea-sudden-190022840.html Trump’s Team Has No Idea What to Say About His Sudden Tariffs Reversal It’s obvious at this point that Trump has never had a plan for his tariff scheme, and is making it up as he goes along. Wednesday’s reversal was likely prompted by growing criticism from his own supporters and normally fawning right-wing media and by a government debt sell-off, showing weakening confidence in the American economy. But Trump’s own sycophants aren’t going to admit that the president would ever back off.
  18. Your bank doesn't know which passport you registered with True, because I asked my bank 2 days ago. Maybe you confuse the messages the bank sends to everyone, including those that do not need to make any changes
  19. As per True instructions, AMLO doesn't check the passport number, only the name of the SIM
  20. You know that most of the silver in the US comes from Mexico? Oh wait, Trump just slapped tariffs on those imports
  21. Where would those Americans get the funds from to do all the buying?
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