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109
Are U.S. expats shielded from the massive Trump Tariff Tax Raise on Americans?
That would have been a meaningless pablum question. In a sleazy manner you take snippets out to distort the context. We already know things about what's happening and I appropriately framed the question I was actually asking. Trump announced massive new tariffs globally with Thailand and Vietnam used in the sneaker example being among the hardest hit. We know for a fact how tariffs work even if the destructive narcissist in the white house doesn't. To wit -- Tariffs have nothing to do with trade imbalances Tariffs are not paid by the tariffed nation. Instead they are paid by the importer who then needs to pass on that extra cost to consumers. (In effect a TAX on consumers.) So back to the sneaker example. When the new Trump Tax Tariffs hit Vietnam sneakers imported into the US wll beed to cost more to cover that new large cost factor. US consumers pay that. The same sneakers imported to Thailand from Vietnam are of course not subject to Trump Tax Tariffs. So an American expat in Thailand in effect gets a "tax break" compared to US based consumers on the purchase of the same sneakers. Obviously there are many complex cost factors that go into retail sales, but the sneaker example is used here to focus on the Trump Tax Tariff factor alone. -
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Weak Baht Fails to Spark Tourism Boom, Safety Concerns Prevail
Weak baht? April fools day lies behind us. Last year almost 40, in 2008 50 baht to the euro...those were the days. Thailand is simply too expensive for many. -
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Thailand’s 2025 Census: What You Need to Know
Not really, as it is about who stays where on April 1st, not who is registered where in a house book. -
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Thanks to Donald, finally we know.
Finally it's official. US products in international markets are not competitive. Remedy: Impose tariffs. Indeed: Outside of Silicone Valley not much "innovation" had it's origin in the US. There is a Chinese Automaker that registers 45 new patents EVERY DAY. Without the steady stream of foreighn buyers of T-Bills and T-Bonds, the American Dream would have run out of gas a long time ago. Reserve currency etc etc etc...- 1
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Songkran 2025 Spending Predicted to Hit Record ฿134 Billion
With the possibility of a global recession caused by USA tarrifs resulting in trade wars, the financial success of the 2025 Sonkran festival is so far from my mind. Fortunately for the businesses involved in the Songkran festival they will not be affected from recent events. Its too soon for the melt down in the stock market and tarrifs to trickle down to the real economy.
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