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91
Wall Street plummets ,trillions lost
Not always. This is what my stock looks like right now (-16%): So much winning! -
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Georgia House Democrats staged a dramatic walkout over potential ban
Gender affirming care should simply be a biology lesson, and psyc-therapy, to make them realize, they are a male or female, from birth, and that will never change. -
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American Man in Critical Condition After Self-Inflicted Knife Wounds in Pattaya
OK, insensitive, but I would let him simply bleed out. When people want to kill themselves, why let them be disappointed in their effort. At least they accomplish something correctly in their life. -
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Countries Targeted by Trump’s Tariffs May Strike Back at U.S. Services
It's not only Krugman ridiculing Trump's formula for tariffs. The maths is simple: take the U.S. goods trade deficit with a country, divide it by that country's exports to the U.S. and turn it into a percentage figure; then cut that figure in half to produce the U.S. "reciprocal" tariff, with a floor of 10%. That's how the volcanic Australian territory of Heard Island and McDonald Islands in the Antarctic ended up with a 10% tariff. Madagascar, with a GDP per head of just over $500 p.a. faces a 47% tariff on the modest $733 million of exports of vanilla, metals and apparel that it did with the U.S. last year. "Presumably no one is buying Teslas there," John Denton, head of the International Chamber of Commerce (ICC), told Reuters, an ironic reference to the improbability of Madagascar being able to placate Trump by buying upmarket U.S. products. Madagascar is not alone: the bluntness of the formula as applied to economies which cannot afford to import much from the U.S. inevitably leads to a high reciprocal tally: 50% for Lesotho in Southern Africa, 49% for Cambodia in Southeast Asia. Richer countries are nonplussed too. For the European Union it has produced a punitive tariff of 20% - four times the 5% which the World Trade Organization calculates as the EU's average tariff rate. Trump's tariff formula confounds the world, punishes the poor- 1
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Trump Starts Global Tariff Wall, Thailand Hit with 36% Tax
Not really. This has been a LONG time coming. So many decades ago, it always frustrated me that I could not buy US products in Taiwan without paying an exorbitant import tax. Customs would hold up any product from the USA, and then charge me BIG TIME....and so.... I just went without. I did not buy local. I just WENT WITHOUT.... So, who does this serve, anyway? Get rid of all import/export taxes around the world.... And let our Free Flag Fly... GET RID OF ALL IMPORT/EXPORT taxes, I say. And, WE will be the beneficiaries..... Whoever cannot compete...then...TOUGH LUCK. I want GREAT PRODUCTS, and I don't care where they are produced. So...as I say.... I really cannot believe that any US president has actually DONE this, something that I wished had been done in the 1980s..... This has been a LONG TIME COMING.... MAKE THE WORLD GREAT AGAIN.....!!!! Because, it has not been so great.....during the past decades...... Or, do you not agree? ============== We WILL have our WOODSTOCK.....After all.....I hope.....!!!!!!!!! Speak out against the MADNESS..... Go Trump GO......!!!!!!!!!!!!!! ============== Get rid of all protectionist taxes..... Let us buy what we want, when we want, and .... NO TAXATION WITHOUT REPRESENTATION......!!!!!!!!!!!!!!!!!!!! ============== Speak out against the MADNESS......!!!!!!!!!!!!!!!!!!!!!!!
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