Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax

[Jingthing]

Liberation day? Yeah, sure. Liberation of typical Americans bank accounts, wealth, and economic future.

The oligarchs will of course buy all the ruins for pennies on the dollar.

 

[Jingthing]

Well, it's been a good run U.S.A. All empires fall but did if have to be by way of SUICIDE?

[hotsun]

2 minutes ago, Jingthing said:

Liberation day? Yeah, sure. Liberation of typical Americans bank accounts, wealth, and economic future.

The oligarchs will of course buy all the ruins for pennies on the dollar.

 

Again, a socialist whod prefer america be the worlds white farang ATM. More insulting is you being american

[Harrisfan]

2 minutes ago, Jingthing said:

Liberation day? Yeah, sure. Liberation of typical Americans bank accounts, wealth, and economic future.

The oligarchs will of course buy all the ruins for pennies on the dollar.

 

Which of these doomsday things ever happen?

[Jingthing]

Just now, hotsun said:

Again, a socialist whod prefer america be the worlds white farang ATM. More insulting is you being american

Sorry I don't speak whatever bizarro world language you're speaking. 

[jts-khorat]

8 minutes ago, realfunster said:

 

That Chinese consumer market has been there for eternity.

As we speak, Thailand runs a trade surplus with US (beneficial to Thailand) and a massive deficit with China (negative for Thailand) and has done for many years.

I wonder how/why this massive deficit with China will suddenly turn around ?

 

"If" China starts offering more equalised trade with Thailand and others, I wonder how that will impact the Chinese economy 

 

Frankly, I can see why the Yanks have targeted Thailand. Been enjoying a trade surplus with them, whilst subsidising the CCP economy....

 

 

The majority of the trade surplus with the US from Thailand is agricultural goods and electronics.

 

I guess, the American consumer will still buy shrimps and tropical fruit from Asia, because that is where they come from. The Chinese are currently hoovering up whatever they can, so I am not worried about Thailand in this regard.

 

And with regard to electronics, they are produced in Thailand because wages here are a fraction of what American workers would get; so again, it will be very difficult to remove those goods from the American markets (without making everything excessively more expensive). This will hurt the Thai market more, but it is something the Americans force upon Thailand, nothing can be done about it.

 

Sometimes it helps to look at the detail, instead of just trusting the slogans.

[Harrisfan]

2 minutes ago, hotsun said:

Again, a socialist whod prefer america be the worlds white farang ATM. More insulting is you being american

Walking atm yes. 

[rough diamond]

19 minutes ago, Harrisfan said:

So all these nations skipped their classes too then 

As you obviously did as well.

[hotsun]

Just now, Jingthing said:

Sorry I don't speak whatever bizarro world language you're speaking. 

A photo for you to understand. Americans are the white guy there in the middle, the rest of the world are the two girls

[Harrisfan]

Just now, rough diamond said:

As you obviously did as well.

You have zero idea about anything.

[Jingthing]

At this rate no republican legislator will be having a town hall ever again. 

Yes, Trump won, but almost nobody voted for what he is actually doing.

Bait and switch. It's time for Americans to take to the streets. 

[ozz1]

Maybe Thailand should drop their import tax a bit and  lower  the baht  bit and look  for other  countries to export to       i could see this coming and I'm no expert 

[rough diamond]

10 minutes ago, Harrisfan said:

Whinge whinge. If Trump cured cancer still whinge.

Trump couldn't cure a ham.

[Harrisfan]

Just now, Jingthing said:

At this rate no republican legislator will be having a town hall ever again. 

Yes, Trump won, but almost nobody voted for what he is actually doing.

Bait and switch. It's time for Americans to take to the streets. 

Trump said 12 months ago he would use tariffs.

[Harrisfan]

Just now, rough diamond said:

Trump couldn't cure a ham.

What can you do? Nothing.

[justatad]

9 minutes ago, Harrisfan said:

Whinge whinge. If Trump cured cancer still whinge.

He's probably working on it now, and wants everyone to believe he'll have a cure for it within 24 hours. 

[Gecko123]

Global economy is gonna collapse like that Bangkok high rise. Extremely destabilizing geopolitically. Theoretical mumbo-jumbo untethered from the reality of how consumers respond to tariffs. Scary part is it will be very difficult for anyone to back down.

[realfunster]

3 minutes ago, jts-khorat said:

 

Globalism was a slow process developing over decades. Trump tries to reset this within days/weeks.

 

Just getting planning permission for a factory takes years, developing a single production line and building it until it produces the first widget several more (I know, I work in Industrial Automation).

 

Even if one would see his policies as having an actual plan behind it, manufacturers cannot react within a time frame which makes relocating to the US feasible. They either go bankrupt or disengage from the American market, if the cost cannot be passed on to the American consumer.

 

All very true - but I cling to the hope this is all bluster and a negotiating tactic 🙂

 

Let's be realistic, the US remains the global economic superpower, after the huffing and puffing, I expect pragmatism will kick-in and all sides will be looking for deals to be made rather than starting an escalatory trade/tariff war.

 

Thailand for example, a healthy trade surplus with US. They can either walk away from that or negotiate a slightly less favourable US trade surplus.

With China, they have a huge deficit and who knows whether Beijing sees reducing their current surplus as economically possible or politically advantageous.
They might be able to expand trade with EU and UK. Currently neither of these have an FTA in place due to Thailand's protectionist policies...

 

Anyway, we will see !

[jts-khorat]

6 minutes ago, Harrisfan said:

Walking atm yes. 

 

To remove the trade imbalance, which goods would you want to have Thailand importing more?

 

American cars? They are produced right here in Thailand at the Eastern seaboard. High-end electronics? Where are the consumers in Thailand for it?

 

Have you ever thought about this, are you able to answer any of those questions?

 

So far I have seen hundreds of your posts which contained literally no information. Quite like your master Trump.

[Harrisfan]

Other nations tariffs good

US does it bad

 

[rough diamond]

Just now, Harrisfan said:

You have zero idea about anything.

Says you who post subbish in multi topics all day and every day and without an apparant ounce of knowledge on any of those topics. 

I suggest you give it a rest if you do not want people to critisize your pointless/innacurate posts, especially those of an important nature.

[Harrisfan]

1 minute ago, jts-khorat said:

 

To remove the trade imbalance, which goods would you want to have Thailand importing more?

 

American cars? They are produced right here in Thailand at the Eastern seaboard. High-end electronics? Where are the consumers in Thailand for it?

 

Have you ever thought about this, are you able to answerr any of those questions?

 

So far I have seen hundreds of your posts which contained literally no information. Quite like your master Trump.

Thailand is a minor market.

[Harrisfan]

Just now, rough diamond said:

Says you who post subbish in multi topics all day and every day and without an apparant ounce of knowledge on any of those topics. 

I suggest you give it a rest if you do not want people to critisize your pointless/innacurate posts, especially those of an important nature.

Stalker. Thats all you do.

[rough diamond]

2 minutes ago, justatad said:

He's probably working on it now, and wants everyone to believe he'll have a cure for it within 24 hours. 

And the MAGAmanaiacs would beleive him.

[hotsun]

1 minute ago, Harrisfan said:

Other nations tariffs good

US does it bad

 

World reaction to america doing whats best for themselves- how dare they!

[jts-khorat]

2 minutes ago, jts-khorat said:

 

To remove the trade imbalance, which goods would you want to have Thailand importing more?

 

American cars? They are produced right here in Thailand at the Eastern seaboard. High-end electronics? Where are the consumers in Thailand for it?

 

Have you ever thought about this, are you able to answer any of those questions?

 

So far I have seen hundreds of your posts which contained literally no information. Quite like your master Trump.

 

Just now, Harrisfan said:

Thailand is a minor market.

 

So indeed, you have simply no answer at all. Figures.

[rough diamond]

5 minutes ago, Harrisfan said:

You have zero idea about anything.

Posting about yourself again.

[Jingthing]

3 minutes ago, justatad said:

He's probably working on it now, and wants everyone to believe he'll have a cure for it within 24 hours. 

The reality is that his Musk Doge fascist big ball boys cut out cancer research.

Nobody voted for this.

[Harrisfan]

Only 5 nations that import lots of US goods. These tariffs have made US goods too expensive.

[Harrisfan]

2 minutes ago, jts-khorat said:

 

 

So indeed, you have simply no answer at all. Figures.

Says a guy in Korat