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.

[SHA 2 BKK]

55 minutes ago, Sigmund said:

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.

What about Norfolk Island. Slugged with a 29% tariff.  Part of Australia.  Zero tariffs on the USA.  Clearly the guy is bonkas!   

 

BTW strike me roan if you find bonkas in a Septic Dictionary.   
 

 

Norfolk Island, despite forming an external Australian territory, was slugged with a 29 per cent tariff from the Trump administration.

Locals have been left confused about the move, with the island's administrator saying its main business is tourism.

[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.

[xylophone]

13 hours ago, SHA 2 BKK said:

What about Norfolk Island. Slugged with a 29% tariff.  Part of Australia.  Zero tariffs on the USA.  Clearly the guy is bonkas!   

 

BTW strike me roan if you find bonkas in a Septic Dictionary.   
 

 

Norfolk Island, despite forming an external Australian territory, was slugged with a 29 per cent tariff from the Trump administration.

Locals have been left confused about the move, with the island's administrator saying its main business is tourism.

Following on from that, apart from hitting the penguins with tariffs' there is this to consider, which backs up your "bonkas" point........but not just 'bonkas", ignorant, stupid and dumb come to mind.  

 

Trump’s tariffs display woeful ignorance

Donald Trump’s reckless imposition of reciprocal tariffs once again demonstrates his hypocrisy and woeful ignorance of history.

 

He has imposed a 48% tariff on Laos on the grounds that it has for a number of years “looted, pillaged, raped and plundered” the United States.

 

During the Vietnam War, the US dropped 2 million tons of bombs on Laos, an officially neutral country, making it the most heavily bombed country per capita in history.

 

The bombing was the equivalent of one plane load of bombs every eight minutes, 24 hours a day for nine years. Over 50,000 Laotians, mainly civilians, have been killed or injured from the bombing, including 20,000 dead or maimed since the bombing stopped from the unexploded cluster bombs. Forty per cent of these are children.

 

In addition, Agent Orange was sprayed along the Ho Chi Minh trail, leading to an estimated 5000 to 7500 children with subsequent disabilities and birth defects.

 

Henry Kissinger, who oversaw this campaign, was of course awarded the Nobel Peace Prize in 1973 - a prize that Trump himself so desperately seeks.

 

[thaibreaker]

14 hours ago, SHA 2 BKK said:

What about Norfolk Island. Slugged with a 29% tariff.  Part of Australia.  Zero tariffs on the USA.  Clearly the guy is bonkas!   

 

BTW strike me roan if you find bonkas in a Septic Dictionary.   
 

 

Norfolk Island, despite forming an external Australian territory, was slugged with a 29 per cent tariff from the Trump administration.

Locals have been left confused about the move, with the island's administrator saying its main business is tourism.

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.

[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.