Travelling from Vientiane south to Chong mek border
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78
Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
Our friends were worse than our enemies in that regard. Thailand can have all the friends they want if they depend on China they will get burned 100% -
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American Man Arrested for Robbing Donation Box Outside Pattaya Police Station
how embarrassing time for this idiot to go home once he finds his ATM card -
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US Revokes 300 Student Visas in Crackdown on Campus Protests
Confusing terrorism with Israeli policies again. -
78
Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
Obscure benefits of trade tariffs. Tariffs incentivise exporting countries to improve internal productivity to potentially offset the tariff. Side effect is that their economy improves, and their currency becomes stronger and has greater international buying power. Presents an opportunity for an exporting country to find new trade with other countries also impacted, cutting the USA out of the equation and leaving them more isolationalist to make their own stuff internally. Prices of USA exported goods will increase in cost due to the inflated cost of imported components, thus creating new trade opportunities on price differential. Trump is doing what he believes is best for the USA, but the world should see this as an opportunity, not a problem. There will be some grief while it all settles down, but by and large, this is a wake up and smell the coffee moment for the entire world.- 1
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78
Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
But it's not just Thailand though is it? It's the entire world who america and trump has placed tariffs on. Thailand has plenty of friends in the world....while America's friendship pool is getting smaller by the day. United we stand divided we fall. Ever heard that saying? The world will be forced t unit economically against tariffs ..so who is going to fall I wonder?- 1
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78
Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
This might even be worse than keeping to the crazy tariffs. Imagine you are a multinational company, maybe a large car manufacturer. You start the horrendous investment to relocate a car factory from the Thai Eastern Seaboard to the US, start building, start hiring. Then, from one minute to the next, the tariffs are gone again. You are out of pocket by the billions of dollars. The time frames needed to make a policy like that of Trump work is counted in years, maybe decades. A guy changing his opinion with every social media post he makes will simply wreck everything, because nobody can trust his word.
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