54 minutes ago, Shocked farang said:

It may be but remember that Thailand has many car factories, why anyone would want to own an American made car?

 

Face of course- look how much this cost!

5 hours ago, Quentin Zen said:

Economy

Treasury posts unexpected surplus in June as tariff receipts surge

Key Points

• With government red ink swelling throughout the year, June saw a surplus of just over $27 billion, following a $316 billion deficit in May

So the irrational Trump haters were once again 100% wrong about their raging guarantee Trump's tariffs could offer no possible benefit to the US? Who could have guessed😅

4 hours ago, corepuncher said:

Thailands tariffs are mostly 30-50% and 60% on beer.
https://th.usembassy.gov/wp-content/uploads/sites/90/Import-Tariff-Table_Thailand-Update-June-2024.pdf

 

What do they charge on imported cars?

17 minutes ago, SunnyinBangrak said:

So the irrational Trump haters were once again 100% wrong about their raging guarantee Trump's tariffs could offer no possible benefit to the US? Who could have guessed😅

 

One swallow doesn't make a summer, and you are aware it's the US taxpayer who is paying more on the imports, not the Chinese exporter.

6 hours ago, Quentin Zen said:

Economy

Treasury posts unexpected surplus in June as tariff receipts surge

Key Points

• With government red ink swelling throughout the year, June saw a surplus of just over $27 billion, following a $316 billion deficit in May

That's quite a tax hike on Amerikan consumers.

4 hours ago, technoronin said:

Whenever an academic criticizes President Trump I just remember they are an academic.  The entire "ivory tower" crowd hates Trump and will say anything to tear him down,  It's part of their culture.

Yes, the critical thinking culture, not the dumba*s culture.

6 hours ago, Quentin Zen said:

Economy

Treasury posts unexpected surplus in June as tariff receipts surge

Key Points

• With government red ink swelling throughout the year, June saw a surplus of just over $27 billion, following a $316 billion deficit in May

did you do the maths... that was paid by the american people

4 hours ago, garzhe said:

Do Trump and his supporters not understand tariffs? All that has happened is the government collected tariffs from American importers, which are then passed on to consumers. Some of that was returned to consumers through tax cuts, most of which will benefit the highest earners.

There is an alternative view. The consumer does not buy the now more expensive imported goods but buys locally produced goods.

 

The real pain is felt by the exporting countries who effectively see their exports plummet. They feel the pain big time.

3 hours ago, Isaan sailor said:

Here’s a novel idea for dealing with a 36% tariff:  devalue the Baht 36%.  Devaluation—isn’t that kinda like what Vietnam has done?

that's a good option, Trump is depreciating the USD as well making it cheaper for foreigners to buy US goods thus hoping to help  exports

4 hours ago, WEBBYB808 said:

That is a good question.  I wanted to ask the same.  What can a citizen do?

 

Don"t buy American goods, ...... that"s what 

4 hours ago, bstafford214 said:

This is misleading statement.  The current average tariff is only 9% that is imposed on imported US products.  You may have quoted only a specific item that is at this rate.  Also the US already impose a 9% VAT they pay and now the orange baboon wants to add 36%, idiot.

Then go and buy a Mustang here.

6 hours ago, SLOWHAND225 said:

How can this be ? All the Anti Americans said that couldn't happen, that it wasn't possible.  We were gonna die. lol
 

They told us that from the safety of their moms basement !

just wait a bit..lets see in 3 -6 month..the current data is lagging around 2-3 month.. 

1 hour ago, Scouse123 said:

 

One swallow doesn't make a summer, and you are aware it's the US taxpayer who is paying more on the imports, not the Chinese exporter.

So how many swallows does it take to call it summer? After guaranteeing 100% that no swallows at all would be coming as summer was cancelled? I think you privately acknowledge the hivemind was wrong on their silly narrative that no possible benefit could be achieved through His Master's big beautiful tariffs.

 

PS just watch woke globalist stooge Carney fold like a wet blanket in the face of the BBTs (big beautiful tariffs). This will be hilarious watching the haters eat their words over and over as deals are signed.

4 hours ago, impulse said:

 

And I think most Americans are willing to pay more for imported crap if it means more American jobs, a lower trade deficit and more revenue from tariffs.  Or buy less imported crap that we don't need.  That'll easily offset any price increases (for those who understand that inflation and price increases are not the same thing).

 

seems you havent been in the USA for a while. Cost have gone up substantially and continue to rise. There arent more jobs as a result of tariff increases and wont be any significant change for years as there is no infrastructure for the mfr base to jump onto. Inflation and price increases go hand in hand and are typically connected. We're not talking about singlular price increases that are one offs and thats what you dont seem to understand. The USA is not a mfr hub and lacks the capacity to offset the cluster f that trump has started

14 minutes ago, SunnyinBangrak said:

So how many swallows does it take to call it summer? After guaranteeing 100% that no swallows at all would be coming as summer was cancelled? I think you privately acknowledge the hivemind was wrong on their silly narrative that no possible benefit could be achieved through His Master's big beautiful tariffs.

 

PS just watch woke globalist stooge Caeney fold like a wet blanket in the face of the BBTs (big beautiful tariffs). This will be hilarious watching the haters eat their words over and over as deals are signed.

 

 

Let’s be real: Trump guaranteed all these big trade deals would come rolling in the moment he dropped his Big Beautiful Tariffs. China, EU, India, the UK — “they’ll beg us for deals,” remember?........................Well… still waiting.

 

China played along for five minutes with Phase One, then walked.

 

The EU hasn’t moved. India clapped back with their tariffs.

 

The UK? Still busy sorting itself out and not in the mood for American strong-arming.

 

Even USMCA was NAFTA with a new haircut.

 

So, no — it’s not “over” just because one deal might happen. Most of the world hasn’t even started hitting back yet. These things take time, and when they do retaliate, it won’t be loud and dramatic; it'll be strategic and long-term.

 

Calling victory now is like celebrating at half-time because your team scored first. Watch the rest of the match.

57 minutes ago, emptypockets said:

There is an alternative view. The consumer does not buy the now more expensive imported goods but buys locally produced goods.

 

The real pain is felt by the exporting countries who effectively see their exports plummet. They feel the pain big time.

Do you believe locally produced goods are cheaper?

The answer is no,that is the biggest reason people buy from outside the country.

It is the US population who will have to pay more but for some reason MAGA refuses to understand this.

Well maybe they just can't understand it.

14 minutes ago, Dan O said:

seems you havent been in the USA for a while. Cost have gone up substantially and continue to rise. There arent more jobs as a result of tariff increases and wont be any significant change for years as there is no infrastructure for the mfr base to jump onto. Inflation and price increases go hand in hand and are typically connected. We're not talking about singlular price increases that are one offs and thats what you dont seem to understand. The USA is not a mfr hub and lacks the capacity to offset the cluster f that trump has started

 

I've been overseas just over 2 years. 

 

Did you stop to think that America's lack of manufacturing capacity would be devastating if SHTF?  There's a reason we were called "The arsenal of democracy" and prevailed in WW2.   It's because we could outproduce the rest of the world combined. 

 

It's more than an economic thing.  It's a national security thing.

 

 

 

6 hours ago, tonypattaya said:

The big takeaway from this is that America can never be trusted again. Not wishing to teach my grandmother to suck eggs, Thailand must now look for new trading partners for its exports.

 

And that's where some countries will shine.

 

Some have the ability to quickly find new markets perhaps in completey different countries / different parts of the world.

 

I'm aware that the Singapore government has a very clever / active team always looking for / creating opportunities with other countries, often for the first time or to create much bigger trade.

 

Other countries very probably lack such abailitie and will remain stuck with trumps assigned %.

".................maintain its dignity and independence on the world stage."

 

Nothing to say except:-   

16 minutes ago, scorecard said:

Some have the ability to quickly find new markets perhaps in completey different countries / different parts of the world.

 

Tell us about these new markets.

 

Who are they?

 

Why were they not customers/trading partners prior to being “found”?

7 hours ago, novanova said:

Trump is an oaf who doesn't understand high school-level economics. That's why every economist in the world (who is not a paid DT shill) is laughing at him.

 

DT has a bizarre obsession with trade deficits. This has no basis in reality. If I shop at the supermarket, there is a trade deficit - they have my money. But I have the goods... where is the unfairness? It doesn't exist.

 

The stupidity of DT's position can be seen in the Botswana tariffs. Their big export is diamonds. The big buyer is the US. Somehow, DT sees this as a great injustice, so he hit then with a 37% tariff. This is flat-out irrational, and everybody should stop pretending there is any sense behind DT's actions.

I don't think they are laughing now . 

2 hours ago, emptypockets said:

There is an alternative view. The consumer does not buy the now more expensive imported goods but buys locally produced goods.

 

The real pain is felt by the exporting countries who effectively see their exports plummet. They feel the pain big time.

So where did the surplus come from?

1 hour ago, jvs said:

Do you believe locally produced goods are cheaper?

The answer is no,that is the biggest reason people buy from outside the country.

It is the US population who will have to pay more but for some reason MAGA refuses to understand this.

Well maybe they just can't understand it.

No, of course I don't believe locally produced goods are cheaper.

People will pay more one way or the other. 

I guess the question is does my more expensive purchase benefit, for example China, or my home country and potentially increase employment and manufacturing capability? And in the long term reduce sovereign risk in the case that a conflict occurs.

Which is looking like a real possibilty in the not too distant future.

4 hours ago, WEBBYB808 said:

I just dont see the scam!

Really? You don't see the scam when he turned the White House into a Tesla dealership? 

You don't see the scam when he recently launched a line of perfumes, the bottle is shaped like his body (ugly, overweight), I'm sure it has a very terrible smell. 

His whole life has been one scam after the other, from the casinos to reality shows, to MAGA, building a wall on the Mexican border that never materialised, one scam after the other... But the blind cannot see.. 

1 hour ago, Ultrathai said:

I don't think they are laughing now . 

They are laughing at DTs ignorance. 

After all, he is the dunce who thought Finland was part of Russia, and is unable to read or understand his Daily Security Briefing. Even Dubya could manage that... 

2 hours ago, impulse said:

It's more than an economic thing.  It's a national security thing.

It's a trump MAGAlamanic trip to boost his ego!

10 hours ago, thesetat said:

For the time being, Trump is being strict about using imports to Vietnam being repacked and relabeled and sent to the USA under the guise of being made in Vietnam. I would think that the US would also implement this policy with Thailand as well. It is too easy for Asian countries to get Chinese goods and repack them claiming to be made in their country. Also, depending on the size of the tariff, it may not be worthwhile to do this and there may be an inability to profit from it. 

Well said.

2 hours ago, Airalee said:

Tell us about these new markets.

 

Who are they?

 

Why were they not customers/trading partners prior to being “found”?

 

How long is a piece of string?

 

I worked for some time in a multinational which was making a small profit in Thailand.

 

The CEO retired and the owner deliberaely brought in a new CEO (rather than promote from within).

 

At the first snr. m'ment meting the new CEO was quite vocal about the small levels of revenue, small total number of products which had been sold etc. But he wasn't rude or abusive.

 

This is a company which has a large marketing and sales dept,, however the manager of every department has a revenue goal.  

 

New CEO put up some powerpoint slides showing departments, their revenue, % rise in reveue in revenue in last 5 years (dismal to none).

 

Then he changed the slde to a list of all departments / sub-depatments with new revenue goals 12 months hence (up 25% from current achievements) and 24 months (up a further 35% from the new 12 months goals.

 

Then a slide showing a long list of potential clients who needed our products but had never bought anything. This was in sectors: local, Asean, global, type of products.

 

Then new CEO said '"any questions". Nobody spoke.

 

Then new CEO said "we will have an all day meeting one week from today and you will all present your new marketing plan with very specific mention / details of how you will achieve the new 12 and 24 month revenue goals and what % of global market share that will achieve. 

 

Within 24 hrs 3 snr. managers had handed in instant resignations.

 

From there until the 1 week hence rocky road but then the CEO announced he had hired 3 very experienced marketing consultants, all of whom would teach all the managers (no exceptions - 'too busy' unacceptable) how to inf and study data / what data, and search out potential clients, they were to arrive the next day.

 

CEO, never strong or rude also said all of you will continuously seek out their guidance and advice. 

 

Within another 60 days revenues were growing nicely.

 

At the 60 days the new CEO still not happy (he had goals too), he announced early retirement for 50% of the managers and had already selected new outside managers all of whom were product specialists and had an impresssive sales record.

 

From there high and higher performance. 

4 minutes ago, scorecard said:

 

How long is a piece of string?

 

I worked for some time in a multinational whch was making a small profit in Thailand.

 

The CEO retired and the owner deliberaely brought in a new CEO (rather than promote from within).

 

At the first snr. m'ment meting the CEO was quite vocal about the small levels of revenue, small total products which had been sold etc. But he wasn't rude or abusive.

 

This is a company which has a large marketing and sales dept,, however the manager of every department has a revenue goal.  

 

New CEO put up some powerpoint slides showing departments, their revenu, % rise in reveue in revenue in last 5 years (dismal).

 

Then he changed the slde to a list of all departments / sub-depatments with revenue goals 12 months hence (up 25% from current achievements) and 24 months (up a further 35% from the new 12 months goals.

 

Then a slide showing a long list of potential clients who needed our products but had never bought anything. This was in sectors: local, Asean, global.

 

Then new CEO said '"any questions". Nobody spoke.

 

Then new CEO said "we will have an all day meeting one week from today and you will all present your new marketing plan with very specific mention of how you will achieve the new 12 and 24 month revenue goals and what %s of global market share that will achieve. 

 

Within 24 hrs 3 snr. managers had handed in instant resignations.

 

From there until the 1 week hence rocky road but then the CEO announced he had hired 3 very experienced marketing consultants, all of who m would teach the managers how to study data / what dats, and search out potential clienst, they were to arrive the next day.

 

CEO, never strong or rude also said all of you will continuously seek out their guidance and advice. 

 

Within another 60 days revenues were growing nicely.

 

At the 60 days the new CEO still not happy (he had goals too), he announced early retirement for 50% of the managers and had already selected new outside managers all of whom were product specialists and had an impresssive sales record.

 

From there high and higher performance. 

Fabulous….but I’m not interested in your personal anecdotal borefest.

 

Now can you tell me who the new trading partners will be?

2 minutes ago, Airalee said:

Fabulous….but I’m not interested in your personal anecdotal borefest.

 

Now can you tell me who the new trading partners will be?

 

Do your own research.