Political Thread in memory of David Reid. (R.I.P.)

[The Bedlington Terrier]

You and Adam Smith talk some right old proper $hite mon ami.

[sinkov]

You and Adam Smith talk some right old proper $hite mon ami.

Would you like to answer the question now mon ami, what is the difference between an import duty and a tariff ? In your own time of course.

[kritichris]

Would you like to answer the question now mon ami, what is the difference between an import duty and a tariff ? In your own time of course.

They are the same though import duties tend to relate to specific items, tariffs are just across the board. Also tariffs is an anagram of "if farts" but import duty isn't.

[The Bedlington Terrier]

Would you like to answer the question now mon ami, what is the difference between an import duty and a tariff ? In your own time of course.

I was at a funeral yesterday, so I did not get the chance to respond to your question. In simple lay terms I think tariffs are imposed on goods imported or exported by the manufactures of a country to an international country. It’s a tool used by a tool to stymie competition on home produced goods. Trouble is a game of tit for tat usually develops and only the consumer and supplier get hit directly. That’s folks like thee and me mon ami.

Duty is yet another tax the government imposes on goods imported into the domestic country. This duty is popularly known as import duty. Duty is also imposed on the goods manufactured within the country. I have to pay it when I bring in an over the limit amount of Asbach from either Germany or Spain. $hit innit?

[sinkov]

I was at a funeral yesterday, so I did not get the chance to respond to your question. In simple lay terms I think tariffs are imposed on goods imported or exported by the manufactures of a country to an international country. It?s a tool used by a tool to stymie competition on home produced goods. Trouble is a game of tit for tat usually develops and only the consumer and supplier get hit directly. That?s folks like thee and me mon ami.

Duty is yet another tax the government imposes on goods imported into the domestic country. This duty is popularly known as import duty. Duty is also imposed on the goods manufactured within the country. I have to pay it when I bring in an over the limit amount of Asbach from either Germany or Spain. $hit innit?

Thank you mon ami, they are in effect the same thing, they are both charges put on imported goods, call them import duties and no one minds, call them tariffs and the globalists go into meltdown. Funny old world. Still surprised to see you on the side of the globalists though mon ami, but for TDS you'd be seeing everything clearly now.

As for the stock market 'crash', Warren Buffet always says, 'the time to invest is when blood is running in the streets'. I don't dabble in shares any more, but if I did I'd be looking on this as a buying opportunity par excellence.

[The Bedlington Terrier]

Thank you mon ami, they are in effect the same thing, they are both charges put on imported goods, call them import duties and no one minds, call them tariffs and the globalists go into meltdown. Funny old world. Still surprised to see you on the side of the globalists though mon ami, but for TDS you'd be seeing everything clearly now.

As for the stock market 'crash', Warren Buffet always says, 'the time to invest is when blood is running in the streets'. I don't dabble in shares any more, but if I did I'd be looking on this as a buying opportunity par excellence.

The Falkland Islanders have just been hit with a 43% tariff by Perma Tan, I wonder what they sell to the US?

[sinkov]

The Falkland Islanders have just been hit with a 43% tariff by Perma Tan, I wonder what they sell to the US?

No idea mon ami, lamb chops, woollen mittens, who knows. One thing for sure the islanders will be imposing a 40/50% import duty/tariff on imports from the US, so fair dos eh ?