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Topic: To tariff or not to tariff - page 2. (Read 432 times)

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legendary
Activity: 3668
Merit: 3010
Licking my boob since 1970
December 02, 2024, 01:07:27 AM
#20
As a computer consultant, I regularly find it hard to get projects during shortages because equipment goes to the US first, and I live in Canada.

I'm looking forward to increased inventory and lower prices from the US tariffs!
legendary
Activity: 3990
Merit: 1385
December 01, 2024, 05:43:35 PM
#19
You and all your goofy scenarios. Anybody could make thousands of them. The point is, your precious UK would be cut off from much of its leaching off America if the tariffs went worldwide.

America doesn't need the world. The world needs America. America has enough wealth internally to make all the things that its people want. All this international trading simply exists to bring America under the thumb of the one world government. Tariffs bring strength back to America as a nation.

Here's how much America doesn't need those countries trump wants to put tariffs on:

https://talkimg.com/images/2024/12/01/pCeaN.png

Most economics would side with paxmao, but what do they know, they only do that for their living.

Also, weren't you excited about Brics at some point? What happened to that now when trump is threating to put 100% tariff on the BRIC bloc of nations. How does it fit on your anti-american narrative?

Losing billions in trades and taxes (that could be put on infra, education and health) is a weird tactic to make American infra work more like in soviet union.

The thing you are missing is that trading with other countries isn't a requisite for existing. All the states can exist on trading with each other all the things that they trade internationally. Or they can manufacture the products themselves.

Canada, Mexico, China, Australia, etc., are nice thoughts. They are beautiful countries. But we don't NEED them for trade or to live. If we can't make the exact product ourselves, we are ingenious enough that we will develop substitutes that will work as good as, or better than, the imports. Wise tariffing will bring us to that point.

Americans will have jobs, and the world will bow to us because of our internal strength.

BRICS hasn't gone away. A threatened tariff on BRICS nations across the board is nothing. In fact, it will strengthen BRICS except, possibly, in one circumstance... that the USD is brought back under the US Treasury, and that the Fed is eliminated. This will mean a fair, international USD rather than one that gives tons of money to the Fed bank owners for nothing. In that case, the BRICS countries might table BRICS, because a fair USD might be better than a good BRICS.

Cool

EDIT: Note that the article you linked to calls BRICS by the name BRIC. When was South Africa dropped or removed from BRICS.

The Ukraine war... Ukraine is being funded by the banking system as well as the US and Nato. With Russia and other countries using the USD when they are against Ukraine, means that they are funding the country they don't believe in and are against.
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
December 01, 2024, 04:28:56 PM
#18
You and all your goofy scenarios. Anybody could make thousands of them. The point is, your precious UK would be cut off from much of its leaching off America if the tariffs went worldwide.

America doesn't need the world. The world needs America. America has enough wealth internally to make all the things that its people want. All this international trading simply exists to bring America under the thumb of the one world government. Tariffs bring strength back to America as a nation.

Here's how much America doesn't need those countries trump wants to put tariffs on:



Most economics would side with paxmao, but what do they know, they only do that for their living.

Also, weren't you excited about Brics at some point? What happened to that now when trump is threating to put 100% tariff on the BRIC bloc of nations. How does it fit on your anti-american narrative?

Losing billions in trades and taxes (that could be put on infra, education and health) is a weird tactic to make American infra work more like in soviet union.
legendary
Activity: 3990
Merit: 1385
December 01, 2024, 03:08:35 PM
#17

~

My simplification is the result.

Previous administrations don't always have the same goals, and even if the goals were different, big business aimed at globalization for their own purposes. But we see that when government makes world agendas the most important thing, it hurts the people of the US and the US in general. We see it in the Biden administration destruction of the American economy.

Of course making America great takes away from funding for other countries (Venezuela). Total import tariffs would cut off other countries stealing of the US 'energy'. If the US were only one or two people, things might be different, but America doesn't need other countries. Other countries need America.

Tariff implementation might be rough at first, but after the dust settles, America sill be stronger than ever. It will gradually trickle over to other countries, anyway, until they finally see that the American system of government through total freedom of its people is the way of strength.

But Americans are free, aren't they? Not when they have to pay income taxes that could be paid by foreign country people to sell stuff in America. Think of Americans each having an extra $10,000 to $20,000 because of no IRS taxes which would be paid from the tariffs. Great for America. Not so great for the rest of the world. Oh boo-hoo-hoo for the world leaches.

Cool

Your simplification is not a simplification, is an empty slogan. Your government puts tariffs and chooses to promote local jobs - which is fine - at the expense of making the end users pay more for the products - which may not be to everyones liking.

~


You and all your goofy scenarios. Anybody could make thousands of them. The point is, your precious UK would be cut off from much of its leaching off America if the tariffs went worldwide.

America doesn't need the world. The world needs America. America has enough wealth internally to make all the things that its people want. All this international trading simply exists to bring America under the thumb of the one world government. Tariffs bring strength back to America as a nation.

Cool
legendary
Activity: 2394
Merit: 1632
Do not die for Putin
December 01, 2024, 02:19:42 PM
#16
It all boils down to one of two choices:
1. No tariffs - control by some undetermined, hidden world government;
2. Tariffs - Control of the US for the US by the US - MAGA.

Cool

That is rather an over-simplification of the problem and the alledged solution which tariffs are for the American people, of was so simple, then previous administrations would have already considered to apply tariffs widely and sole the problem of the economy and also the self-determination of the United States a nation, which for now it depends on the labor of other countries to keep their prices down...
You can me a good use of tariffs when the market you are targeting is small and there is an actual punctual objective for it, for example, those tariffs being applied on Chinese electrical vehicles (so European and American EVs have more chances of survival in the USA), but it is not the same to apply tariffs to a surging technology then doing the same to products are services which are already established and are part of the economy at their low prices.

My simplification is the result.

Previous administrations don't always have the same goals, and even if the goals were different, big business aimed at globalization for their own purposes. But we see that when government makes world agendas the most important thing, it hurts the people of the US and the US in general. We see it in the Biden administration destruction of the American economy.

Of course making America great takes away from funding for other countries (Venezuela). Total import tariffs would cut off other countries stealing of the US 'energy'. If the US were only one or two people, things might be different, but America doesn't need other countries. Other countries need America.

Tariff implementation might be rough at first, but after the dust settles, America sill be stronger than ever. It will gradually trickle over to other countries, anyway, until they finally see that the American system of government through total freedom of its people is the way of strength.

But Americans are free, aren't they? Not when they have to pay income taxes that could be paid by foreign country people to sell stuff in America. Think of Americans each having an extra $10,000 to $20,000 because of no IRS taxes which would be paid from the tariffs. Great for America. Not so great for the rest of the world. Oh boo-hoo-hoo for the world leaches.

Cool

Your simplification is not a simplification, is an empty slogan. Your government puts tariffs and chooses to promote local jobs - which is fine - at the expense of making the end users pay more for the products - which may not be to everyones liking.

Once the dust settles, it is the rest of the world who will adapt while you will have a country with an industry that cannot compete in equal terms with the rest of the world. They will leave on a permanent government handout at the expense of consumers.

Let's put the 7 year old example:

I need an apple squashing machine. If I live in the US, I have to buy local because the tariffs make goods from the outside artifically expensive. My squahed  apples productions will cost 10 USD per unit. The rest of the world will have the same for 5 USD.

Now, let's say I need to buy computers for my industry. Since I produce in the US they cost me 100 USD. The rest of the world can provide the service for 50 USD. Guess who is going to be making the sale?

The US may be able to use their gigantic internal market for an advantage, but that's all. Stuff will be more expensive and the industry will lag the world.
legendary
Activity: 3990
Merit: 1385
December 01, 2024, 02:05:31 PM
#15
It all boils down to one of two choices:
1. No tariffs - control by some undetermined, hidden world government;
2. Tariffs - Control of the US for the US by the US - MAGA.

Cool

That is rather an over-simplification of the problem and the alledged solution which tariffs are for the American people, of was so simple, then previous administrations would have already considered to apply tariffs widely and sole the problem of the economy and also the self-determination of the United States a nation, which for now it depends on the labor of other countries to keep their prices down...
You can me a good use of tariffs when the market you are targeting is small and there is an actual punctual objective for it, for example, those tariffs being applied on Chinese electrical vehicles (so European and American EVs have more chances of survival in the USA), but it is not the same to apply tariffs to a surging technology then doing the same to products are services which are already established and are part of the economy at their low prices.

My simplification is the result.

Previous administrations don't always have the same goals, and even if the goals were different, big business aimed at globalization for their own purposes. But we see that when government makes world agendas the most important thing, it hurts the people of the US and the US in general. We see it in the Biden administration destruction of the American economy.

Of course making America great takes away from funding for other countries (Venezuela). Total import tariffs would cut off other countries stealing of the US 'energy'. If the US were only one or two people, things might be different, but America doesn't need other countries. Other countries need America.

Tariff implementation might be rough at first, but after the dust settles, America sill be stronger than ever. It will gradually trickle over to other countries, anyway, until they finally see that the American system of government through total freedom of its people is the way of strength.

But Americans are free, aren't they? Not when they have to pay income taxes that could be paid by foreign country people to sell stuff in America. Think of Americans each having an extra $10,000 to $20,000 because of no IRS taxes which would be paid from the tariffs. Great for America. Not so great for the rest of the world. Oh boo-hoo-hoo for the world leaches.

Cool
legendary
Activity: 2394
Merit: 1632
Do not die for Putin
December 01, 2024, 01:48:56 PM
#14
It all boils down to one of two choices:
1. No tariffs - control by some undetermined, hidden world government;
2. Tariffs - Control of the US for the US by the US - MAGA.

Cool

It all comes down to one point: free exchange (nothing hidden, is market regulated) or non free exchange - regulated by the goverment and more expensive as you will soon notice.

Please, state clearly how the freeports are going to help China bypass an across the board tariff of, let's say, 20% and what is that you see that the companies that are already relocating - who basically work on this and have plenty of experts available - fail to see. The example about the botlling for example, is probably by design and the iPhone is certainly by design, precisely by Ireland legislation.

You wanna sell an electricar car assembled in China, you will have to pay. You try to buy it in Florida for 1 USD, add the rearview mirror and sell it for 50000 and you are likely to get the IRS on your ass.

you really got no clue..
firstly.. china dont and wont pay the tariffs in a normal port system
the tariff is paid for at delivery into america where its the US dealership that pays for it
(thes the real world fact that the "experts" didnt tell people about until after the election.. but now the "experts" are shouting loud about who actually pays.. funny that they waited until after trump won, its as if they planned it that way)

secondly doing things via a freeport is not simply "add a rearview mirror" and it makes the car only cost $1 by saving on tax
(you made a obviously stupidly moronically bad example of one extreme to obviously want to be spoonfed how things actually work, but next time just do some research instead of playing dumb to get an answer)

its if they build the chassis in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the battery in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the interior in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the motors in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china

the can then also refuel the container ship in some other countries freeport

and then send it all over to a US freeport and then do the final assembly. then there is no tariff the US dealership has to pay, their parts are at chinese labour rate but its treated as made in america
(my example is the opposite extremes of your silly example.. in actual fact the car can be part assembled in a chinese freeport factory where it only needs part assembly in america.. but not your silly extreme of 'just a rear view mirror' it needs to be a reasonable amount of assembly to make the end product complete/functional to be classed as made in the destination country)

..
what you may also learn if you done research is the chinese are making "the new silk road" to europe, where they have freeports along the route so that by the time it reaches the end destination, nothing can be considered "chinese"

there is a distinct and rational and specific reason why freeports exist, look into it

you request i 'please state clearly'..
how about people not make silly pokes to then get spoonfed answers and waiting 19hours* for such spoonfed answers
Quote from: paxmao on November 29, 2024, 11:08:20 PM
Quote from: franky1 on November 30, 2024, 06:50:35 PM

and instead spend only a few minutes doing a google, siri, alexa search.. you'll learn faster that way

Botomline, I think you core idea is wrong, tariffs work, they do not have loopholes (unless the receiving country is turning a blind eye) and it will increase the costs for the end users (it is pointless to discuss where that tariff is applied or who pays, because in the end it always goes to the consumer. The US consumer.)

But, let's summarise a bit your points to see who is clueless here:

Adding a "rearview mirror is a moronic example" - It is not, your interpretation is moronic. That basically what they have been doing in Europe with the iphones. The main point is that to be exempt from tariffs the larger part of the valued added needs to be brought to the US. Your idea of "bottled wine" (adding a rearview mirror to wine) does not apply, unless the US is knowingly accepting that short of deal, which is not the case because the policy is precisely the opposite.

China will not pay the tariffs on a normal port - Agree, not only will not pay the tariffs on a normal port, they will not pay any tariff, it will be importer paying the tariff and all of this point is irrelevant to the discussion, the cost will be passed to the consumers which is the point here.

Chinesse are making the new "silk road to Europe" - Firstly they already have, to Germany at least, but if you had taken you time to update your research on the Belt and Road you will find that is going thorugh all short of serious problems and may never happen at 100%. BUT, this is irrelevant, the tariffs I clearly stated are from the US. Importing from Europe, adding a rearview mirror and reselling is also unlikely to work as loophole.






legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
December 01, 2024, 07:33:25 AM
#13
It all boils down to one of two choices:
1. No tariffs - control by some undetermined, hidden world government;
2. Tariffs - Control of the US for the US by the US - MAGA.

Cool

That is rather an over-simplification of the problem and the alledged solution which tariffs are for the American people, of was so simple, then previous administrations would have already considered to apply tariffs widely and sole the problem of the economy and also the self-determination of the United States a nation, which for now it depends on the labor of other countries to keep their prices down...
You can me a good use of tariffs when the market you are targeting is small and there is an actual punctual objective for it, for example, those tariffs being applied on Chinese electrical vehicles (so European and American EVs have more chances of survival in the USA), but it is not the same to apply tariffs to a surging technology then doing the same to products are services which are already established and are part of the economy at their low prices.
legendary
Activity: 3990
Merit: 1385
November 30, 2024, 10:57:24 PM
#12
It all boils down to one of two choices:
1. No tariffs - control by some undetermined, hidden world government;
2. Tariffs - Control of the US for the US by the US - MAGA.

Cool
legendary
Activity: 4424
Merit: 4794
November 30, 2024, 08:06:54 PM
#11
Please, state clearly how the freeports are going to help China bypass an across the board tariff of, let's say, 20% and what is that you see that the companies that are already relocating - who basically work on this and have plenty of experts available - fail to see. The example about the botlling for example, is probably by design and the iPhone is certainly by design, precisely by Ireland legislation.

You wanna sell an electricar car assembled in China, you will have to pay. You try to buy it in Florida for 1 USD, add the rearview mirror and sell it for 50000 and you are likely to get the IRS on your ass.

you really got no clue..
firstly.. china dont and wont pay the tariffs in a normal port system
the tariff is paid for at delivery into america where its the US dealership that pays for it
(thes the real world fact that the "experts" didnt tell people about until after the election.. but now the "experts" are shouting loud about who actually pays.. funny that they waited until after trump won, its as if they planned it that way)

secondly doing things via a freeport is not simply "add a rearview mirror" and it makes the car only cost $1 by saving on tax
(you made a obviously stupidly moronically bad example of one extreme to obviously want to be spoonfed how things actually work, but next time just do some research instead of playing dumb to get an answer)

its if they build the chassis in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the battery in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the interior in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china
its if they build the motors in a chinese freeport factory at chinese labour costs because they hire local chinese labour at the freeport in china

the can then also refuel the container ship in some other countries freeport

and then send it all over to a US freeport and then do the final assembly. then there is no tariff the US dealership has to pay, their parts are at chinese labour rate but its treated as made in america
(my example is the opposite extremes of your silly example.. in actual fact the car can be part assembled in a chinese freeport factory where it only needs part assembly in america.. but not your silly extreme of 'just a rear view mirror' it needs to be a reasonable amount of assembly to make the end product complete/functional to be classed as made in the destination country)

..
what you may also learn if you done research is the chinese are making "the new silk road" to europe, where they have freeports along the route so that by the time it reaches the end destination, nothing can be considered "chinese"

there is a distinct and rational and specific reason why freeports exist, look into it

you request i 'please state clearly'..
how about people not make silly pokes to then get spoonfed answers and waiting 19hours* for such spoonfed answers
Quote from: paxmao on November 29, 2024, 11:08:20 PM
Quote from: franky1 on November 30, 2024, 06:50:35 PM

and instead spend only a few minutes doing a google, siri, alexa search.. you'll learn faster that way
legendary
Activity: 3080
Merit: 1178
Leading Crypto Sports Betting & Casino Platform
November 30, 2024, 05:53:49 PM
#10
https://www.youtube.com/shorts/MckCZ9iLAyI?feature=share

This is probably a Texan Uni or High School  Grin

How tariffs work:

1 - You put tariffs on a foreign country.
2 - Some companies move to your country, some close, some look for other countries or alternatives.

The question is, are good going to be now cheaper or more expensive for the average person in you country, let's say the US as this what is now discussed in local politics.

You may want to think why those companies setup their manufacturing outside the US and what happens if they move in.
Only one that seems to believe that these planned tariffs would be positive for US citizens is Donald. If democrats would have suggested something like this, conservatives would go insane and suddenly listen to experts.

In fact, Biden should just implement those changes now, that trump had suggested. That would probably leave Donald only one course of action, and that would be immediately undoing them out of spite.
legendary
Activity: 1162
Merit: 2025
Leading Crypto Sports Betting & Casino Platform
November 30, 2024, 04:55:26 PM
#9
https://www.youtube.com/shorts/MckCZ9iLAyI?feature=share

This is probably a Texan Uni or High School  Grin

How tariffs work:

1 - You put tariffs on a foreign country.
2 - Some companies move to your country, some close, some look for other countries or alternatives.

The question is, are good going to be now cheaper or more expensive for the average person in you country, let's say the US as this what is now discussed in local politics.

You may want to think why those companies setup their manufacturing outside the US and what happens if they move in.

In general terms what concerned me is even if American companies moved their factories back to the United States and brought those jobs home for people of their home country, those people will have to get paid the legal salary of the United States and not the salary it was being paying to people in countries like China. Companies then will need to increase the tag price of their products so they can continue to pay their American workers with their American salaries, in the end, It will be translated to an increase of prices.
Perhaps,.it would be more clever for some administration to move all this factories to other countries besides China, countries which are not ideological and political rivals of Washington, Colombia is a good example, it is relatively closer to the USA than China, the wages are still lower and it would help people from Colombia to stay away from a life of drug crimes and violence..
Just some random thoughts, I still believe Trump won't dare to apply full tariffs on China at all,.his team is aware it would be a disaster for the country.
legendary
Activity: 2394
Merit: 1632
Do not die for Putin
November 30, 2024, 02:27:40 PM
#8
tariffs are not charged to the foreign country, they are charged to the american business receiving imports

the other thing is tariffs can be avoided by having a manufacturing company working at a foreign freeport that then send goods to a domestic freeport, thus they can still operate on foreign land using foreign labour using foreign management, using foreign materials,  but then import goods as if its all 'made in america' tariff free

EG
here in the UK we have a freeport that accepts fermented wine in bags from australia. and empty bottles from another country, and they come to UK freeport to bottle the wine and then although still labelled as australian wine on the bottle, it then enters UK retailers tariff free because it was bottled in the UK

EG
accepting a 95% ready iphone that is just missing the screen and packaging, where the 95% ready iphone is made in a factory in asia. when it arrives to a freeport the screen is clicked in and its boxed up and treated as made in america and then goes to us retailers tariff free

Tariffs cannot be avoided in general, that is why they are there. I do not think you points here prove otherwise.

Of course tariffs are charged on imports (well, excep in Argentina, the only country with export tariffs), but in the end the result is a product that is more expensive. To the two cases presented, yes but no. There are limits to the game that is played with iphones and many other devices - minimum content laws, but there are products that are simply not susceptible of evading tariffs and taxation using that.

you might want to do more research on freeports.. they are not the same as regular ports for a specific reason

Please, state clearly how the freeports are going to help China bypass an across the board tariff of, let's say, 20% and what is that you see that the companies that are already relocating - who basically work on this and have plenty of experts available - fail to see. The example about the botlling for example, is probably by design and the iPhone is certainly by design, precisely by Ireland legislation.

You wanna sell an electricar car assembled in China, you will have to pay. You try to buy it in Florida for 1 USD, add the rearview mirror and sell it for 50000 and you are likely to get the IRS on your ass.
legendary
Activity: 4424
Merit: 4794
November 30, 2024, 01:50:35 PM
#7
tariffs are not charged to the foreign country, they are charged to the american business receiving imports

the other thing is tariffs can be avoided by having a manufacturing company working at a foreign freeport that then send goods to a domestic freeport, thus they can still operate on foreign land using foreign labour using foreign management, using foreign materials,  but then import goods as if its all 'made in america' tariff free

EG
here in the UK we have a freeport that accepts fermented wine in bags from australia. and empty bottles from another country, and they come to UK freeport to bottle the wine and then although still labelled as australian wine on the bottle, it then enters UK retailers tariff free because it was bottled in the UK

EG
accepting a 95% ready iphone that is just missing the screen and packaging, where the 95% ready iphone is made in a factory in asia. when it arrives to a freeport the screen is clicked in and its boxed up and treated as made in america and then goes to us retailers tariff free

Tariffs cannot be avoided in general, that is why they are there. I do not think you points here prove otherwise.

Of course tariffs are charged on imports (well, excep in Argentina, the only country with export tariffs), but in the end the result is a product that is more expensive. To the two cases presented, yes but no. There are limits to the game that is played with iphones and many other devices - minimum content laws, but there are products that are simply not susceptible of evading tariffs and taxation using that.

you might want to do more research on freeports.. they are not the same as regular ports for a specific reason
legendary
Activity: 3990
Merit: 1385
November 29, 2024, 11:35:30 PM
#6
tariffs are not charged to the foreign country, they are charged to the american business receiving imports

the other thing is tariffs can be avoided by having a manufacturing company working at a foreign freeport that then send goods to a domestic freeport, thus they can still operate on foreign land using foreign labour using foreign management, using foreign materials,  but then import goods as if its all 'made in america' tariff free

EG
here in the UK we have a freeport that accepts fermented wine in bags from australia. and empty bottles from another country, and they come to UK freeport to bottle the wine and then although still labelled as australian wine on the bottle, it then enters UK retailers tariff free because it was bottled in the UK

EG
accepting a 95% ready iphone that is just missing the screen and packaging, where the 95% ready iphone is made in a factory in asia. when it arrives to a freeport the screen is clicked in and its boxed up and treated as made in america and then goes to us retailers tariff free

Tariffs cannot be avoided in general, that is why they are there. I do not think you points here prove otherwise.

Of course tariffs are charged on imports (well, excep in Argentina, the only country with export tariffs), but in the end the result is a product that is more expensive. To the two cases presented, yes but no. There are limits to the game that is played with iphones and many other devices - minimum content laws, but there are products that are simply not susceptible of evading tariffs and taxation using that.



The end results might be several.

Tariffs bring manufacturing back to the US. But if they are implemented too steeply, they might cause some turmoil for a time. But not as much as the Biden Administration caused. America can make all the products that any other country can make for Americans.

Imagine that the US government allowed totally American companies to make iphones. Who is going to sue for patent infringement? Get your war machines out and force the US government to do it your way.

Other countries that make products for Americans, often force their people to become slave manufacturers. With steep tariffs, other countries wont have a reason to enslave their people to make cheap products. Once the supply and demand system is up and running in America, other countries can do as they wish, without America.

Cool
legendary
Activity: 2394
Merit: 1632
Do not die for Putin
November 29, 2024, 06:08:20 PM
#5
tariffs are not charged to the foreign country, they are charged to the american business receiving imports

the other thing is tariffs can be avoided by having a manufacturing company working at a foreign freeport that then send goods to a domestic freeport, thus they can still operate on foreign land using foreign labour using foreign management, using foreign materials,  but then import goods as if its all 'made in america' tariff free

EG
here in the UK we have a freeport that accepts fermented wine in bags from australia. and empty bottles from another country, and they come to UK freeport to bottle the wine and then although still labelled as australian wine on the bottle, it then enters UK retailers tariff free because it was bottled in the UK

EG
accepting a 95% ready iphone that is just missing the screen and packaging, where the 95% ready iphone is made in a factory in asia. when it arrives to a freeport the screen is clicked in and its boxed up and treated as made in america and then goes to us retailers tariff free

Tariffs cannot be avoided in general, that is why they are there. I do not think you points here prove otherwise.

Of course tariffs are charged on imports (well, excep in Argentina, the only country with export tariffs), but in the end the result is a product that is more expensive. To the two cases presented, yes but no. There are limits to the game that is played with iphones and many other devices - minimum content laws, but there are products that are simply not susceptible of evading tariffs and taxation using that.

legendary
Activity: 1064
Merit: 1101
November 29, 2024, 01:18:11 PM
#4
The question is, are good going to be now cheaper or more expensive for the average person in you country, let's say the US as this what is now discussed in local politics.

You may want to think why those companies setup their manufacturing outside the US and what happens if they move in.

Placing high tariffs on imports will be a good step if the US will be able to produce these goods at a competitive price. But if you look at the situation US industries cannot produce cheaper products than China and Mexico. One of the reasons is that these countries have cheaper labour costs.

Donald Trump's tariff plan might boost local industries but consumers will have to buy goods at a higher price because of the higher cost of production. High tariffs will also make US citizens to pay more for imported goods.

Waponising tariffs might be an own goal of Trump's administration.
Ucy
sr. member
Activity: 2674
Merit: 403
Compare rates on different exchanges & swap.
November 29, 2024, 12:39:58 PM
#3
Likely wants to use that to solve the illegal immigrant issue rather than make money for US, which is not in that kind of great depression.
The idea is that since the companies are in the neighboring country for cheap labors, yet the cheap laborers are pouring into our country to work for low wages, let just charge the companies more if the country continues to let in the cheap laborers. It's like telling them you can't eat your cake and have it... It's either you keep the potential migrants working in the companies to send us cheap goods  or you lose the companies, possibly to us, to serve the economic migrants or cheap laborers you let into our country. Beside that, this could prevent the migrants from taking up jobs that are meant for citizens, as the migrants would have more of such companies to work for for lower wages
legendary
Activity: 4424
Merit: 4794
November 29, 2024, 09:29:17 AM
#2
tariffs are not charged to the foreign country, they are charged to the american business receiving imports

the other thing is tariffs can be avoided by having a manufacturing company working at a foreign freeport that then send goods to a domestic freeport, thus they can still operate on foreign land using foreign labour using foreign management, using foreign materials,  but then import goods as if its all 'made in america' tariff free

EG
here in the UK we have a freeport that accepts fermented wine in bags from australia. and empty bottles from another country, and they come to UK freeport to bottle the wine and then although still labelled as australian wine on the bottle, it then enters UK retailers tariff free because it was bottled in the UK

EG
accepting a 95% ready iphone that is just missing the screen and packaging, where the 95% ready iphone is made in a factory in asia. when it arrives to a freeport the screen is clicked in and its boxed up and treated as made in america and then goes to us retailers tariff free
legendary
Activity: 2394
Merit: 1632
Do not die for Putin
November 29, 2024, 06:16:09 AM
#1
https://www.youtube.com/shorts/MckCZ9iLAyI?feature=share

This is probably a Texan Uni or High School  Grin

How tariffs work:

1 - You put tariffs on a foreign country.
2 - Some companies move to your country, some close, some look for other countries or alternatives.

The question is, are good going to be now cheaper or more expensive for the average person in you country, let's say the US as this what is now discussed in local politics.

You may want to think why those companies setup their manufacturing outside the US and what happens if they move in.
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