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63
Teenage German tourists handcuffed and deported from Hawaii over ‘suspicious’ hotel booking
I wonder what the Republicans think they are doing by putting so much power into the executive branch. Sure, they will get more control over how elections are run, but it is still not guaranteed that they will win the Presidential election. Then what? Get a Democrat who also likes to play the Executive Order game. -
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Stocks Rise After Bessent Says He Expects Standoff with China to De-Escalate
Stocks whipsaw based on someone in the White House saying something stupid and then saying that what I meant to say wasn't really stupid just that the media thinks it was stupid but nevertheless I will withdraw what I said that some people think was stupid even though I and Ms. Leavitt do not think it was (incredibly) stupid. -
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O-A Visa Eligibility: State Income During Paid Leave (6 Months)?
OP, your post is not clear. Do you have a valid Non O-A visa. If so when is it's expiry. -
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Stocks Rise After Bessent Says He Expects Standoff with China to De-Escalate
More likely Bessent will be picking up his P45 soon. Sure, ultimately China does need that 15% of GDP that is the value of Chinese exports to the US. But behind all those sales is an Amazon store, a small high street business (strip mall store), a department store, a distributor, all of which are American businesses, who pay taxes, employ staff. All of these, whether they import directly, or get from a distributor, buy for $x, the sell in price, sell for $y, the sell out price, or the retail price. If China is selling $400bn in goods in the US, then the marked up price of those goods could well be $1200-1600bn, and profit $500-800bn. The likes of Walmart, Target, you'd hope would have been talking to their Chinese suppliers a while back, getting that sell-in price reduced. They are already aggressive on pricing, because their warehousing/inventory costs are considerable. You don't want to go to Walmart and see that pair of Chinese hiking boots in your size out of stock until the next container arrives in 3 months time,. Your alternative will be the Target store selling the cheap Indian made boots. But you don't really want to go to that high end outdoors store and pay 5-6x as much for the US made Danners, Because that's why you were looking at the Chinese boots in the first place. Danner meanwhile have positioned themselves as a high end boot maker; you pay top money for a boot that comes with that famous 20 year warranty. But honestly, who keeps walking boots that long (some so). Which is why Danner have their Chinese made range; a lot cheaper, but more money than Walmart's Brahma boots, because Danner (in reality, Danner are making a ton of money importing boots from pretty much the same factory where Walmart get their stuff from). The big chains will be ok. Prices will go up a bit, shareholder dividend cut, but gross revenues maintained. The small stores though can't often ask their suppliers to cut prices. They have to pay the duty on everything they are getting through Alibaba. A whole business was built on the model, that they will sell pretty much the same boot at Walmart, but maybe for a little more, and their customers appreciate the personal service. But they sell $50 boots, and their regular customers are not in the market for $400 boots, so right now, switching to Danner would kill their business. There are about 30 million businesses in the US, out of which 1 million are bricks and morter retail stores. Most of these are not chains; the chains dominate in terms of volumes of goods sold. There are 10,000 Walmarts, 2000 Targets, 600 Costcos. Easily, there are 950,000 independent "Mom and Pop" retail stores, selling goods at non-premium prices. Sure, they could switch suppliers. Maybe one day there will be that US boot factory who can make a pair of boots for $10, that can retail for $40-50. But not this year, and probably not next. There are about 4 million online retailers in the US. I suspect most of those have little to no stock, and are effect drop shipping businesses. Which means they can be a lot cheaper than physical stores, who need to buy and sell stock. They are screwed. So, the tariff war is unsustainable. Ultimately, China has $400bn at stake, which it might make by dumping in other markets (great time for bargains in Europe). But there is a lot more at stake to US businesses. The idea of a small business might be blown away. The big chains will employ big lobbyists, to defend their businesses, but they have the benefit of much more buying power, and more diverse product ranges, with loss leaders.. Small businesses; they can appeal to their local Chamber of Commerces, who will get nowhere. Walmart won't be helping them. -
177
A Night in the Thai Police Station
Wrong again, Dickie. The use of "maybe" is a suggestion, therefore not direct. I explain the difference, as you appear to be somewhat hard of learning. "you are a condescending prat" vs "Maybe, you are a condescending prat" -
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THAILAND LIVE Thailand Live Wednesday 23 April 2025
UPDATE Pattaya Police Arrest Suspect in Armed Robbery of Russian Tourist Picture courtesy of Khaosod. A Thai man has been arrested following an armed robbery involving a Russian tourist in Pattaya on the night of 20 April. Full story:https://aseannow.com/topic/1358312-armed-robber-posing-as-motorcycle-taxi-driver-targets-tourist-in-pattaya/#findComment-19751029
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