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36
Trump’s Tariff Strategy: US can no longer act as the world's economic shock absorber
Please show me ONE country, where the EXPORT is taxed. The IMPORT.. yes, many. Every country needs income to pay their State bills. Many countries use income, VAT, company profit etc taxes + some import duty. In Thailand, the source of import duty is very important, as...other taxes are much more difficult to get in. As far as I now, EXPORT tax is levies very seldon, but IMPORT tax often. So, when US goods to go TH, they are NOT taxed in the US as export, but info Thailand as Import. Same the other way round. When Trump, in is unendness and always 100% correct wisdom, decides to increase the IMPORT tax of Thai goods into the US, he hopes the next day the US is able to replace these import goods with domestic production, if companies have production facilities and -lines ready the next day. If not, the imported products will increase in price, at least the amount of import duty is levied on it, so Thai goods a + 37 % when inside the US. I am sure, the pineapple etc production will be grown overnight, so for pineapple the US consumer will have not any disadvantage. ( of has to switch to US grown foods, which is already abundant, therefore no food imports ever into the US). In this example, because Thai pineapple will be a lot more expensive, US consumer will buy less, and Thailand will export less to the US. His Unendless Lying Wishdom forgets, other nations might react with IMPORT tariffs on US products into their countries. Imagine a 25 % import duty on all US produced commercial palanes... Airbus will thank the Trump-the Lyer administration for over a century Second: when their income drops because of less exports to the US, they lack the money to pay for US products. And maybe, as Thailand gets less revenues, they will levy a visa-amount , for instance: for every day an US citizen stays into Thailand, has to pay … e.g. a 5000 THB to compensate their use of Thai legal system ( protection against robbery = police, law system), for the use of infrastructure ( roads, trains etc), and a lot more. -
255
The left wants to destroy the Greatest country on Earth.
Gosh, I wonder why you added "bleach" in this context. Why go digging into who put up the website - instead of looking at the results of the journal studies? If you are ashamed of being fooled by a very sophisticated govt/pharma/msm propaganda barrage - one which used heavy doses of terror/fear to obtain compliance - don't be. The goal is not to be fooled again. -
18
Trump hits island home only to penguins with 10% tariffs
Come on tbl, lighten up. -
0
Trump’s Trade War Escalates as China Retaliates With 34% Tariffs
On Friday evening in Beijing, in a rapid fire series of policy announcements including 34 percent across-the-board tariffs, China showed that it has no intention of backing down in the trade war that Mr. Trump began this week with his own steep tariffs on imports from around the world. China’s Finance Ministry said it will match Mr. Trump’s plan for 34 percent tariffs on goods from China with its own 34 percent tariff on imports from the United States. Separately, China’s Ministry of Commerce said it was adding 11 American companies to its list of “unreliable entities,” essentially barring them from doing business in China or with Chinese companies. https://archive.ph/QrBwf Actually, after Canada and Mexico, China is America's third largest export market. China is also going to restrict the export of seven rare earth elements which it pretty much has a lock on. Rare earth elements are crucial to lots of industries. Doesn't look exactly like China is quaking in its boots.- 1
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25
Ivermetcin
Nope I have been warned about Isreal near the start of the retaliation and comments were removed..so... -
141
Thailand Urged to Form ‘War Room’ in Response to US Tariffs
Buy Gold that will save u when the usa $ tanks
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