jmccr8 Posted January 24 #1 Share Posted January 24 (edited) Habibi, come to USA 🤭 By the way there are tax heaven countries with almost 0 corporate tax and less regulations than in USA. Plus customs tariffs in UAE for example are 5% (for non alcoholic and non cigarettes products). Trump’s taxes are far away from being low… but still better than in most of EU countries https://t.me/pilotblog/18256 Speach in link Edited January 24 by jmccr8 5 1 Link to comment Share on other sites More sharing options...
jmccr8 Posted January 24 Author #2 Share Posted January 24 SAVANNAH, Ga. (AP) — Donald Trump on Tuesday pledged to stop U.S. businesses from shipping jobs overseas and to take other countries’ jobs and factories by relying heavily on sweeping tariffs to boost auto manufacturing — despite warnings that domestic consumers would pay more and a lack of specifics about how his plans would work. “I want German car companies to become American car companies. I want them to build their plants here,” Trump declared during a speech in Savannah, Georgia. Trump added that, if elected, he’d put a 100% tariff on every car imported from Mexico and that the only way to avoid those charges would be for an automaker to build the cars in the U.S. His ideas, if enacted, could cause a huge upheaval in the American auto industry. Many automakers now build smaller, lower-priced vehicles in Mexico — facilitated by a trade agreement Trump negotiated while president — or in other countries because their profit margins are slim. The lower labor costs help the companies make money on those vehicles. https://apnews.com/article/trump-foreign-companies-investment-cb60395d632e7eaa2a398abcf616d1be 4 Link to comment Share on other sites More sharing options...
jmccr8 Posted January 24 Author #3 Share Posted January 24 Trump pledges to take jobs and factories from allies, China WASHINGTON, Sept 24 (Reuters) - Donald Trump said on Tuesday he would seek to "take" manufacturing jobs from foreign countries, including U.S. allies, if he wins the Nov. 5 election, by offering incentives to encourage companies to relocate to the United States. Trump promised a "manufacturing renaissance" as the centerpiece of his economic plan and said he would offer foreign companies low taxes and little regulation to entice them. https://www.reuters.com/world/us/trump-set-offer-federal-lands-other-incentives-firms-relocating-us-2024-09-24/ 3 Link to comment Share on other sites More sharing options...
Gromdor Posted January 24 #4 Share Posted January 24 Wait. So now he wants places like China to buy US property and set up a factory in the US? 7 Link to comment Share on other sites More sharing options...
jmccr8 Posted January 24 Author #5 Share Posted January 24 Just now, Gromdor said: Wait. So now he wants places like China to buy US property and set up a factory in the US? Hi Gromdor It would seem so but other that no to low tax incentives how would he propose to compete with low wages in other companies which is why they operate in China and Mexico 5 Link to comment Share on other sites More sharing options...
Gromdor Posted January 24 #6 Share Posted January 24 1 minute ago, jmccr8 said: Hi Gromdor It would seem so but other that no to low tax incentives how would he propose to compete with low wages in other companies which is why they operate in China and Mexico The argument before was that places like China weren't coming her to compete but to assume ownership of critical structures and industries. 5 1 Link to comment Share on other sites More sharing options...
jmccr8 Posted January 24 Author #7 Share Posted January 24 1 minute ago, Gromdor said: The argument before was that places like China weren't coming her to compete but to assume ownership of critical structures and industries. Hi Gromdor Well you know how it goes, after a shave and shower then a couple of big Macs and fries the world becomes a different place 4 1 Link to comment Share on other sites More sharing options...
Sir Wearer of Hats Posted January 24 #8 Share Posted January 24 2 hours ago, jmccr8 said: Habibi, come to USA 🤭 By the way there are tax heaven countries with almost 0 corporate tax and less regulations than in USA. Plus customs tariffs in UAE for example are 5% (for non alcoholic and non cigarettes products). Trump’s taxes are far away from being low… but still better than in most of EU countries https://t.me/pilotblog/18256 Speach in link Less “invites” and more “threatens” IMO. 3 2 Link to comment Share on other sites More sharing options...
Sir Wearer of Hats Posted January 24 #9 Share Posted January 24 2 hours ago, Gromdor said: Wait. So now he wants places like China to buy US property and set up a factory in the US? You mean like how they’re buying land near all of your military bases, that sort of thing? 6 Link to comment Share on other sites More sharing options...
jmccr8 Posted January 24 Author #10 Share Posted January 24 1 minute ago, Sir Wearer of Hats said: Less “invites” and more “threatens” IMO. Hi Sir Yes that was my take on it as well 4 Link to comment Share on other sites More sharing options...
Gromdor Posted January 24 #11 Share Posted January 24 2 minutes ago, Sir Wearer of Hats said: You mean like how they’re buying land near all of your military bases, that sort of thing? Our ports, tupperware, and Tik Tok! https://pianogames.org/article/the-biggest-american-companies-now-owned-by-the-chinese/1781 5 Link to comment Share on other sites More sharing options...
+and-then Posted January 24 #12 Share Posted January 24 56 minutes ago, Sir Wearer of Hats said: You mean like how they’re buying land near all of your military bases, that sort of thing? I'd balk at this. Selling land, especially farmland or land near military, scientific research facilities and the like should be outlawed. PERIOD. They're already stealing us blind with tech hacking. 2 1 Link to comment Share on other sites More sharing options...
Sir Wearer of Hats Posted January 24 #13 Share Posted January 24 1 hour ago, and-then said: I'd balk at this. Selling land, especially farmland or land near military, scientific research facilities and the like should be outlawed. PERIOD. They're already stealing us blind with tech hacking. There’s 19 military bases where the Chinese have brought up land nearby. 5 Link to comment Share on other sites More sharing options...
+and-then Posted January 24 #14 Share Posted January 24 10 minutes ago, Sir Wearer of Hats said: There’s 19 military bases where the Chinese have brought up land nearby. I didn't realize it was so many. That needs to be reversed as a Federal issue and the states who wail and moan can get over themselves. 1 Link to comment Share on other sites More sharing options...
Golden Duck Posted January 25 #15 Share Posted January 25 5 hours ago, jmccr8 said: Habibi, come to USA 🤭 By the way there are tax heaven countries with almost 0 corporate tax and less regulations than in USA. Plus customs tariffs in UAE for example are 5% (for non alcoholic and non cigarettes products). Trump’s taxes are far away from being low… but still better than in most of EU countries https://t.me/pilotblog/18256 Speach in link Dubai actually has Free Trade Zones. They are like warehousing and manufacturing in bond, but with a much, much, broader scope. 4 Link to comment Share on other sites More sharing options...
Tatetopa Posted January 25 #16 Share Posted January 25 Why do we need these foreign companies? Didn't we just hear about a $500 billion dollar AI investment? It would be a great place for people and corporations that receive big tax cuts to show their appreciation by reinvesting. Seems like what we need is high tech and good paying jobs. Making soda straws, T-shirts, and plastic combs just doesn't pay enough for US workers to make a living. Buying US land should have some regulations too, and not just around military bases. Corporate farms are exporting products like hay which competes for water with domestic use. When hay, particularly alfalfa, is grown in the United States using irrigation water from places like California and exported to China, it is essentially considered "exporting water" to China, as the water used to grow the hay is embedded within the crop itself, raising concerns about water scarcity in drought-prone regions of the US where the hay is produced. (thanks AI for the summary) 4 Link to comment Share on other sites More sharing options...
jmccr8 Posted January 25 Author #17 Share Posted January 25 42 minutes ago, Tatetopa said: Why do we need these foreign companies? Didn't we just hear about a $500 billion dollar AI investment? It would be a great place for people and corporations that receive big tax cuts to show their appreciation by reinvesting. Seems like what we need is high tech and good paying jobs. Making soda straws, T-shirts, and plastic combs just doesn't pay enough for US workers to make a living. Buying US land should have some regulations too, and not just around military bases. Corporate farms are exporting products like hay which competes for water with domestic use. When hay, particularly alfalfa, is grown in the United States using irrigation water from places like California and exported to China, it is essentially considered "exporting water" to China, as the water used to grow the hay is embedded within the crop itself, raising concerns about water scarcity in drought-prone regions of the US where the hay is produced. (thanks AI for the summary) Hi Tate He is threatening a 100% tariff on cars built in Mexico and American auto makers have factories there to build some models of their low end vehicles because labor costs are lower which I think is an attempt to get them to build them in the States instead. One way or the other those American models will increase in cost so not sure how that will play out. 1 2 Link to comment Share on other sites More sharing options...
Tatetopa Posted January 25 #18 Share Posted January 25 2 hours ago, jmccr8 said: Hi Tate He is threatening a 100% tariff on cars built in Mexico and American auto makers have factories there to build some models of their low end vehicles because labor costs are lower which I think is an attempt to get them to build them in the States instead. One way or the other those American models will increase in cost so not sure how that will play out. AFAIK, components and subassemblies cross both the US border with Canada and Mexico several times leading to final assembly. When we were getting along, everybody prospered with this arrangement including the buyers. 2 2 Link to comment Share on other sites More sharing options...
jmccr8 Posted January 25 Author #19 Share Posted January 25 28 minutes ago, Tatetopa said: AFAIK, components and subassemblies cross both the US border with Canada and Mexico several times leading to final assembly. When we were getting along, everybody prospered with this arrangement including the buyers. Hi Tate Yes I know as I knew a few guys that work in assembly plants in Windsor and some of them came from Detroit to work every day. 1 2 Link to comment Share on other sites More sharing options...
Unusual Tournament Posted January 25 #20 Share Posted January 25 Reading these comments I’ve come to the conclusion that it’s best for manufacturers and potential new U.S. states to wait out Trump for the next 4 years or find someone else to trade with 4 Link to comment Share on other sites More sharing options...
Tatetopa Posted January 25 #21 Share Posted January 25 Trump claims that everybody that sells us more than they buy from us is ripping us off. In that case he should fire the maid for ripping him off and clean his own toilet. 4 Link to comment Share on other sites More sharing options...
Golden Duck Posted January 25 #22 Share Posted January 25 1 hour ago, Tatetopa said: AFAIK, components and subassemblies cross both the US border with Canada and Mexico several times leading to final assembly. When we were getting along, everybody prospered with this arrangement including the buyers. That may only require a minor tweak to satisfy Rules of Origin and claim "American Made". 5 Link to comment Share on other sites More sharing options...
jmccr8 Posted January 25 Author #23 Share Posted January 25 1 hour ago, Tatetopa said: Trump claims that everybody that sells us more than they buy from us is ripping us off. In that case he should fire the maid for ripping him off and clean his own toilet. HI Tate Really his country has 360million consumers, my country has 45milluon and really there is less of a trade deficit than with China. Our oil employs people in American industries so he his pushing skewed facts for an advantage. I see a lot of Canadians saying don't buy American products now and the harder he pushes the less he will sell here. 2 2 Link to comment Share on other sites More sharing options...
Edumakated Posted January 30 #24 Share Posted January 30 Gee, look at that... Tariffs may be working. VW could build Audi, Porsche cars in U.S. to avoid Trump tariffs Link to comment Share on other sites More sharing options...
Gromdor Posted January 31 #25 Share Posted January 31 17 hours ago, Edumakated said: Gee, look at that... Tariffs may be working. VW could build Audi, Porsche cars in U.S. to avoid Trump tariffs This reminds me of Foxconn: https://en.wikipedia.org/wiki/Wisconn_Valley_Science_and_Technology_Park At least that sort of had a happy ending with Microsoft buying up what little was actually constructed. Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now