Tarrifs...How will they affect Stark Varg EX pricing?


Philip

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Wow! Look what I have found! Happy 6th anniversary!

 

Erwin P

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Tarifs sure have their uses. In Trumps position with his goals and why people voted for him i would use them too.
Just in a, you know, more nuanced way.

In a situation where the other country's can produce let's say 20% cheaper. You might add 10% tarifs on that country or product group. Then use some of that income to subsidise some form of local production OR slacken some of the rules on local production. You might go as far as to lend them interest free money (or at the very low rates it costs gouvernments to lend). That way you make the manufacturer believe you when you say you won't turn on them, because that would make you loose your money as well.

That's a thing you see a lott in Europe. With populism there is quick turning in rules and laws. When building a new nucleair powerplant the big power companies can pay that themselves and when convinced they will be able to run them for decades they will. BUT they don't trust politicians one bit. So they ask for guarantees. Often investments or loans that don't have to be paid back when the gouvernment pulls the plug.
And as i see it the way Trump is bouncing up and down with tarifs and measures that's the opposit of offering companies a stable enviroment. Not hating on Trump or his general objectives not even his tools, more so on the way he handles them. Wich, the way i look at it, might work as the picture above.
 

Beagle

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Trump tariffs are set to generate $1-2 trillion extra revenue, according to US gov. That's extra taxes paid by US importers and US consumers to their government.

Latest tax's cuts are estimated an extra $5 trillion burden on US debt, do the maths.

Also debt interest just went up by 10% which is why the tariffs were "paused" (despite claims of unnamed 75 countries rushing to kiss his ass as he so elegantly puts it).

Last time US-EU FTA was set up, TTIP, it had been tanked by... Trump. It had been 5 years in the making, these things don't materialize themselves in a matter of weeks. Plus countries currently in a FTA with US have just been imposed 10% tariff, despite imposing 0 tariff themselves, what is there to negotiate, who would sign such agreement which clearly holds no value? Probably poor countries relying so much on US exports (Vietnam, Cambodia, Zimbabwe) or politically and militarily dependent on the US (Taiwan).

BTW, the Canada tariffs he complains about... he's the one who negotiated and signed them. The after quota huge tariffs on dairy products (200-300%) have never ever been activated, despite huge trade between US and Canada, they've never been close to reach the quota.

Most countries apply 0-5% tariff to US, nothing like what was presented which was only calculated from trade deficit but Canada, but EU and China have just imposed higher tariffs in retaliation.

Triple whammy: more taxes, higher prices and more debt. That's the long version of Philip's gun meme 😆

Re-industrializing is a worthy objective, can't see how tariff would achieve that. Can't see either what's wrong with having trade deficit with smaller/poorer countries not how anyone can expect tariff or any other way to equalize trade with Canada (12% of US population,7% of US GDP) or any of the "worst offenders" : Vietnam (pop. 30%, GDP 2%), Cambodia (pop. 5%, GDP 0.17%), Lesotho (pop. 0.6%, GDP 0.01%), Zimbabwe (pop. 5%, GDP 0.12%), Madagascar (pop. 9%, GDP 0.05%), Falkland islands (pop. 0.001%, GDP 0.001%), St Pierre et Miquelon (pop. 0.002%, GDP 0.001%
 

Butch

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we just got a Lightning. It was made in Hollister California. I suppose some bits are imported from China. Only bits though. I will upgrade to a Lightning Strike. Or maybe a LS-218… Tariffs should not hit hard.
 

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