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

[Sigmund]

What about all the absurd high import duty rates in Thailand ? So it's plainly tit-for-tat. As usual, it will always be the common people who may feel the pinch at first. But the big risk for the world is that all the foolish brands will start to shut down their production lines in Asia or Europe and move in the US thinking it's the only market in the world. Europe and Asia a paying the price for their foolishness and for depending so much on America all these decades. But there is always China who is smart and will be the next global player.

[DonniePeverley]

I don't like Trump. But on this i agree.

 

We've seen it in the UK ... the vast swathes of the country have had their industries taken away, that were providing jobs, and exported to Vietnam and Bangladesh for cheap labour. 

 

I believe it does make mass bulk ordering of clothes cheaper, but the main profiteers are the owners whose profit margins go massive.  

 

If you can get industries back your own country, and reduce the tax rate burdon of them then it's a positive outlook.

 

For example get clothing manufacturing back to the UK. Reduce all business rates for anyone opening a factory, reduce the tax burdon for these companies. THen all you have for companies is the wages essentially. No tarrifs and you get a local market. The cost of shipping products over from Vietnam can be closer. 

[DonniePeverley]

Disney share price is pretty where it was July 2022 . and has hovererd around the same price since then.

 

Slight fluctuations and falls are normal.

 

People were going crazy saying Tesla had collapsed last month, but then it quickly rose. If you follow closely you get these up and down troughs all the time.

 

Whilst Disney isn't as high as it was during it's peak years in 2021, it's about the normal price it has been for a decade, and certainly far higher than it's lower years. 

[Gknrd]

Man I would hate to be a guy from the US living in S.E. Asia now. This could get VERY ugly fast .

[GammaGlobulin]

6 hours ago, Chin01 said:

You are clearly out of your league...just stop.

 

Sincerely,

 Someone that works in the HDD industry.

 

Very mysterious.

 

Someone.

 

And, as well, very cryptic.

You really should not be afraid to say what you mean, and state it clearly.

Because, as your comment stands now...

 

Your comment clearly says absolutely nothing....

Let's be clear.

 

Say what you mean.

No point in having everyone guess what you MIGHT mean, if, in fact, you had intended to convey any meaning, at all.

 

 

[Gknrd]

Immigration officer:  You are from the USA. Yes sir.  Denied.

But, but. I have all the paperwork in order and money in the bank.. hummmm 

Let me call the bank, hello Bankok bank. Does John Smith from the USA have a bank account of 800K.  What, he is 36% short.. Ok Thanks...

 

Next in line please.

[thaibreaker]

13 hours ago, DonniePeverley said:

Disney share price is pretty where it was July 2022 . and has hovererd around the same price since then.

 

Slight fluctuations and falls are normal.

 

People were going crazy saying Tesla had collapsed last month, but then it quickly rose. If you follow closely you get these up and down troughs all the time.

 

Whilst Disney isn't as high as it was during it's peak years in 2021, it's about the normal price it has been for a decade, and certainly far higher than it's lower years. 

Tesla only hit slightly back because all the pre-order deliveries on the new Y model were delivered last month. Those were ordered a long time before Musk went bananas in the WH.

Tesla is back plumming again now, and that will continue. Yesterday, they went another 10% closer to bankruptcy. They were the biggest loser at the stock market from this insane tariff nonsens from Trump.

[vinny41]

16 minutes ago, thaibreaker said:

How about the EU countries altogether. Which apparently are very bad to the US.. They have 2.7% tariff on US goods. Yes, 2.7% only.

While this US administration manage to claim it to be 39%...

And they are now "kind" enough to "only" give EU 20% in return...

 

The world (read: Trump and his administraton) has gone completely mad.

 

And the MAGA people is buying it as the truth yet again... It's just embarrassing.

please provide an offical link from the EU that states only 2.7 tariffs on US goods

For years now cars have been subject to 10% tariffs

The EU’s average Most-Favored-Nation (MFN) applied tariff rate was 5.0 percent in 2023 (latest data available).  The EU’s average MFN applied tariff rate was 10.8 percent for agricultural products and 4.1 percent for non-agricultural products in 2023 (latest data available).  The EU has bound 100 percent of its tariff lines in the WTO, with an average WTO bound tariff rate of 5.0 percent. Although the EU’s tariffs are generally low for non-agricultural goods, some EU tariffs are high, such as rates of up to 26 percent for fish and seafood, 22 percent for trucks, 14 percent for bicycles, 10 percent for passenger vehicles, and 6.5 percent for fertilizers and plastics. 

To read the 2025 NTE, click here.

The NTE is an annual report due to the President and Congress by March 31 of each year. USTR works closely with other government agencies and U.S. embassies and solicits comments from the public through a Federal Register Notice to prepare the NTE.

https://ustr.gov/about/policy-offices/press-office/press-releases/2025/march/ustr-releases-2025-national-trade-estimate-report

[DonniePeverley]

4 hours ago, thaibreaker said:

Tesla only hit slightly back because all the pre-order deliveries on the new Y model were delivered last month. Those were ordered a long time before Musk went bananas in the WH.

Tesla is back plumming again now, and that will continue. Yesterday, they went another 10% closer to bankruptcy. They were the biggest loser at the stock market from this insane tariff nonsens from Trump.

 

Behave. 

[metisdead]

Off topic posts and replies trolling about the election results have been removed.

[thaibreaker]

11 hours ago, vinny41 said:

please provide an offical link from the EU that states only 2.7 tariffs on US goods

For years now cars have been subject to 10% tariffs

The EU’s average Most-Favored-Nation (MFN) applied tariff rate was 5.0 percent in 2023 (latest data available).  The EU’s average MFN applied tariff rate was 10.8 percent for agricultural products and 4.1 percent for non-agricultural products in 2023 (latest data available).  The EU has bound 100 percent of its tariff lines in the WTO, with an average WTO bound tariff rate of 5.0 percent. Although the EU’s tariffs are generally low for non-agricultural goods, some EU tariffs are high, such as rates of up to 26 percent for fish and seafood, 22 percent for trucks, 14 percent for bicycles, 10 percent for passenger vehicles, and 6.5 percent for fertilizers and plastics. 

To read the 2025 NTE, click here.

The NTE is an annual report due to the President and Congress by March 31 of each year. USTR works closely with other government agencies and U.S. embassies and solicits comments from the public through a Federal Register Notice to prepare the NTE.

https://ustr.gov/about/policy-offices/press-office/press-releases/2025/march/ustr-releases-2025-national-trade-estimate-report

Not from the EU, but from

The World Trade Organization, WTO (for 2023):

 

https://www.thejournal.ie/eu-tariffs-united-states-donald-trump-factcheck-6668226-Apr2025/

 

The World Trade Organization (WTO) said in a tariff profile that the EU’s trade-weighted average tariff rate in 2023 was 2.7%.

 

And furthermore:

 

The European Commission has said that the action rate of European tariffs is closer to 1%.

 

I'm not making up numbers, but 2.7% is obviously an estimate of average percentage from the WTO.

But as you see, the European Commission operates with an even lower percentage.

[MicroB]

On 4/3/2025 at 11:29 PM, GammaGlobulin said:

 

 

 

Anyway, the basic R and D is NOT coming out of Thailand.

These assembly factories in Thailand can be moved OUT....

At the drop of a hat.

 

And, probably soon, the assembly process will become completely automated.

 

And then, these factories can be moved almost anywhere.

 

Thailand is just an assembly point.

 

The know-how is provided from elsewhere.....

 

 

The factories will move back to the USA where the major market is, or elsewhere.

 

 

THE NEED for offshore production and assembly due to low, cheap, slave labor is coming to an end.

 

We are now in the age of ROBOTS.....

 

No need for Asian slaves, now.

 

A much higher level of robotics is now here, in case you have not been paying attention.

 

 

 

Or non-US companies move to the US, and set up transplant factories, much like the Japanese and German car companies did. selecting states with little or no car manufacture history, but willing local governments willing to bend over backwards for the sake of jobs. Hence Billybob is making Mercs in Alabama.

 

I predict within a generation, US domestic car brands will be gone. Yes, you can buy American made cars, but not American designed. Britain tried protectionism to limit Japanese car sales, which removed competition, allowing BL to churn out dross, and largely get away with it.

 

 

China also uses robotics. Their production lines are not small children polishing pipes. Only fools believe that trope. A similar trope is that the American factory worker is lazy, obese, a wife beater and smokes weed during his lunch break. We selected Chinese suppliers who used precision German tooling. The main attraction; they were more willing that other suppliers to meet the customer's specs.

 

Some things you literally can't make in the US. If you have a diagnostic test based around a carefully curated mouse cell line owned by a Belgium company, no, you cannot go and simply make that antibody in America. It is literaly impossible to replicate the Ab, which is protected by IP anyhow.

 

https://www.carscoops.com/2025/04/us-made-cars-and-trucks-are-not-really-safe-from-trumps-tariffs/

 

The F150 uses parts fro  24 different countries. The supply chain could be reshored, eventually. By that time, Ford will have lost market share for its now over priced truck, once the Ting Tong Truck Company sets up shop with its cheap truck made from CKD kits.

[Stargeezr]

All of the world leaders have to treat Donald Trump like a pariah. This guy deserves no respect from anyone

after this unnecessary tariff fiasco. His VP does not need any respect either, same goes for Elon Musk, in My Opinion.

[thaibreaker]

21 hours ago, DonniePeverley said:

 

Behave. 

Say thank you!! 😉

[captain_shane]

The only reason leftoids are against tariffs is because they're NPCs who parrot what the media tells them. Literally zero critical thinking skills at all. Their thinking comes down to "Trump supports it? I hate it!" It's already been confirmed that 45% of the general population has zero internal thoughts/monologue, it's quite easy to see who those 45% are in this thread.

 

 

 

 

 

 

[TheAppletons]

5 minutes ago, captain_shane said:

The only reason leftoids are against tariffs is because they're NPCs who parrot what the media tells them. Literally zero critical thinking skills at all. Their thinking comes down to "Trump supports it? I hate it!" It's already been confirmed that 45% of the general population has zero internal thoughts/monologue, it's quite easy to see who those 45% are in this thread.

 

 

 

 

 

  "Critical thinking" guy posts a slew of YouTube videos.

 

  Genius, lol.  Might want to change your AN nick to "Captain Shame".  

[captain_shane]

Just now, TheAppletons said:

 

  "Critical thinking" guy posts a slew of YouTube videos.

 

  Genius, lol.  Might want to change your AN nick to "Captain Shame".  

Didn't even watch them. Typical NPC. 

[TheAppletons]

1 minute ago, captain_shane said:

Didn't even watch them. Typical NPC. 

 

  Even better.  You post videos to support your point....but don't even know the contents.

 

  Genius, lol.  Again.  Your "critical thinking" is off the charts.

 

  Would you like to punch yourself in the face again?  Or are you done embarrassing yourself?

[captain_shane]

Just now, TheAppletons said:

 

  Even better.  You post videos to support your point....but don't even know the contents.

 

  Genius, lol.  Again.  Your "critical thinking" is off the charts.

 

  Would you like to punch yourself in the face again?  Or are you done embarrassing yourself?

I mean that as you didn't watch them. Do you have a reading comprehension problem? Clearly you aren't very bright.

[anthonyT]

i saw this post on x. 

 

it made for an interesting read and many thoughts well articulated.

 

 

 

 

[englishoak]

A lot  of pearl clutching and fake outrage here.

 

Things will work out, go have a beer, sit by the pool & look after your blood pressures. 

[xylophone]

To torch a whole World economy based on some theory based on last century or pay back countries that Trump thinks have been " ripping off the U.S" is unbelievable. It's like letting a toddler play with a chemistry set.

 

The U.S economy was handed over to this fool in great condition. Inflation was tracking down along with interest rates. Now inflation will rise and the World could be tipped into recession.

 

Trump has shown that he is dumb and poorly educated, just like the MAGA supporters he likes the best.

[Jingthing]

3 minutes ago, xylophone said:

To torch a whole World economy based on some theory based on last century or pay back countries that Trump thinks have been " ripping off the U.S" is unbelievable. It's like letting a toddler play with a chemistry set.

 

The U.S economy was handed over to this fool in great condition. Inflation was tracking down along with interest rates. Now inflation will rise and the World could be tipped into recession.

 

Trump has shown that he is dumb and poorly educated, just like the MAGA supporters he likes the best.

Yep. From a narcissist who found the word groceries novel (he's never shopped for them). People are angry and they're right to be angry.

Expect the street actions (reportedly there were millions nationally for Hands Off) to get bigger and bigger.

[englishoak]

Only 3 mths into 4 years of Trumponomics... imagine 3 years from now ... just make sure you got some powder dry, its gonna be a wild few years coming too.  

[MicroB]

The formula used to calculate the tariffs included an error, that inflated the tariffs by 400%......

 

https://www.aei.org/economics/president-trumps-tariff-formula-makes-no-economic-sense-its-also-based-on-an-error/

 

Someone has killed themselves because of this error.

[uncletiger]

1 hour ago, englishoak said:

Only 3 mths into 4 years of Trumponomics... imagine 3 years from now ... just make sure you got some powder dry, its gonna be a wild few years coming too.  

 

You're underselling it. We know it has to get wild enough for the military to be deployed in America so the arrests can begin of significant actors. Nobody knows how that's going to happen. We've only been told that the military will be deployed under the guise of "riot control". So yeah, it's obviously going to get much worse, with resulting huge opportunities to either make or lose a fortune depending on your bets. This is just the beginning.

[thaibreaker]

What amazes me, is all the comments under the hundreds of youtube videos, supporting this madman, and this madness of a tariff war. I'm lost for words when I read them. And here I actually thought most Americans were among the smart people in the classroom.

 

How did we even get here? How could this administration come to rule the most powerful country in the world? How on earth did you Americans let them come to power? Again? It's not that there weren't any signs on the wall.. You were warned.

[Metapod]

32 minutes ago, thaibreaker said:

What amazes me, is all the comments under the hundreds of youtube videos, supporting this madman, and this madness of a tariff war. I'm lost for words when I read them. And here I actually thought most Americans were among the smart people in the classroom.

 

How did we even get here? How could this administration come to rule the most powerful country in the world? How on earth did you Americans let them come to power? Again? It's not that there weren't any signs on the wall.. You were warned.

 

You sound brainwashed lol. 

[metisdead]

A post with a derogatory slang comment toward Americans and the replies have been removed.

[Gknrd]

 S&P up huge this morning, I expect to see a rally and a good opportunity to sell off dead weight. Too late now to get in. But, it was fun while it lasted.  I love this guy.