Yea you would be pretty screwed if on one day its even 25% and then your competitor bought in at 10%" base rate " AKA VAT
Being said the importer whom will have intimate knowledge of market and product may have the lucrative oportunity to manufacturing. Don't feeel much pity for those that whine about it when they told the manufacturers to suck it up get efficient when they bought in low labour cost products from overseas that obviously put Amreicans out of work.
Irony is many of them were manufacturers.
I don't know but I've heard, that if the companies tried to manufacture those same products from chinese components in the US, the tariff would be 145%.
I don't know but I've heard, that if the companies tried to manufacture those same products from chinese components in the US, the tariff would be 145%.
Covid helped change things. Chinese should have been honest. Listening to Trump, he'd like Iran to be great again but if not and in the same questionnaire responds to China tariffs? with I used to get on with Xi but after covid it is a bridge too far.
U.S. Customs and Border Protection claimed late on Friday that imported electronics, such as smartphones, laptops and more, would be exempt from Trump’s tariffs.
Surely this isn't Trump's next attempt to pump and dump the market again for himself and his billionaire friends.
Surely he wouldn't let the market crash all day, and then 2 hours before close change his mind again, but make sure to tell his billionaire friends 20 minutes beforehand.
China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world, - NYT
China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world, - NYT
China has suspended exports of a wide range of critical minerals and magnets, threatening to choke off supplies of components central to automakers, aerospace manufacturers, semiconductor companies and military contractors around the world, - NYT
What is the main lesson?
It's a good thing that Biden has been replaced, and that a senile old man is not in charge of the world's most important superpower.
The real luck was that Kamala Harris was not elected, because women are so unpredictable.
Now we have to really root for Trump's health to be good for another four years, because Vance would be much worse.
Japanese Prime Minister Shigeru Ishiba said Monday his country does not intend to make major concessions in its trade talks with the United States later this week. “I’m not of the view that we should make big concessions for the sake of wrapping up negotiations quickly,” Ishiba told a session of...
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