OT Big BREXIT Bonus

[Xavier]

Wonder if Chansiri's business and knock on to SWFC is about to get slaughtered by Donalds tariff madness? Going to 36% in Thailand ..

[Eternal Optimist]

Full details here...


https://www.whitehouse.gov/fact-shee...omic-security/

[Scum-Triumphant]

Wonder if Chansiri's business and knock on to SWFC is about to get slaughtered by Donalds tariff madness? Going to 36% in Thailand ..

His elder relatives still own and control the business and they have processing plants all over the world. Including in America.

[millersrus]

I understand that point of view, and my readings of left and right centred economists seem to think that this will be the outcome. But I'm also interested in the opposite argument - Bill obviously feels such conviction in his opinion, and enthusiasm for it, that he was motivated to start a thread on a football message board so I am assuming his enthusiasm would have sparked off a reading of the economics involved. I'm just interested in why he is so sure Trump's tariffs will benefit the working man of the USA.

Can?t answer for the OP, but as you say and is happening looks like pain for everyone including the average American worker.
That said, if he is playing the long game, which is has been forgotten by politicians in the west then I take my hat off to him.
America is skint, massive debts. Can?t just keep kicking the down the road, printing more money.
Takes a brave man to tackle it.

[millersrus]

The customer buying the goods pay the tariff, not Northern Ireland - It is still **** though.

The Americans that can afford to spend thousands on Champagne, Ferraris or Rolex watches will just foot the 20% because they can afford to and it is more about the status of being able to afford these things rather than the quality of them.

Chinese products got 54% and that is where iPhone are made - They will still sell in America

Why no tariffs on Russian goods????

Russia exports virtually nothing now apart from oil and gas, chuck a bit of wheat in.
This hasn?t changed much from before the war too.

[Grist_To_The_Mill]

He's not and he won't. The only beneficiaries will be the uber rich, and even they may end up losing out to some extent.

As for Biden and Trump.... same gravy train, different drivers. The only difference is Trump knows how to pull the wool over the working man's eyes.

How anyone in the UK can laud Trump is beyond me. Just goes to show how naive and gullible some people are.

Too true but the gullibility extends to both pro and anti- trump camps

[Eternal Optimist]

How is the working man in America benefitting from the tariffs Bill?

Here's one example. "General Motors will be sharply INCREASING production in Indiana following Trump's tariffs, per Reuters".


https://x.com/nicksortor/status/1907849751749365775

[frogmiller]

Just imagine a tariff free world!

[Grist_To_The_Mill]

Just imagine a tariff free world!

Agent?s fees, goal scoring bonuses, clean sheet bonuses and appearance fees aren?t they a sort of tariff?

[Scum-Triumphant]

Russia exports virtually nothing now apart from oil and gas, chuck a bit of wheat in.
This hasn?t changed much from before the war too.

2023/24 figures.

Mineral Fuels and Oils (HS code 27): $254.7 billion. ...
Precious Stones and Metals (HS code 71): $20.6 billion. ...
Iron and Steel (HS code 72): $15 billion. ...
Fertilizers (HS code 31): $14.9 billion. ...
Cereals (HS code 10): $11.3 billion.