- Joined
- May 9, 2020
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If you are winning or happy with your deal, why come to the table?Or he could just invite those people to the table and bypass the chaos.
If you are winning or happy with your deal, why come to the table?Or he could just invite those people to the table and bypass the chaos.
If the initial response is negative, escalate. Starting at level 10 is counterproductive.If you are winning or happy with your deal, why come to the table?
I never said it was a good idea, just trying to explain what I think might be going through his mind.If the initial response is negative, escalate. Starting at level 10 is counterproductive.
Trump has blatantly lied about tariffs so many times that some people have forgotten how they work, and you seem to have fallen victim to this. The exporting country doesn't pay the tariff, the American importer does (passed on to the American consumer).Indonesia has agreed to pay 19% tariffs, and for the US to pay 0%.
You are right about who pays the Tariffs. It gets me upset when I hear him Lie about how much Big Beautiful Money, all the Nations are paying to His Tariffs! It Really makes me sick when No one in the crowd says thats not True! The American Consumer Pays in the End! Why doesn't the press speak out when He lies like this to the Camera's?Trump has blatantly lied about tariffs so many times that some people have forgotten how they work, and you seem to have fallen victim to this. The exporting country doesn't pay the tariff, the American importer does (passed on to the American consumer).
American importers will be paying 19% on goods arriving from Indonesia. Indonesian importers will be paying 0% on goods arriving from America. Indonesian goods in America (clothing, coffee, palm oil) will become more expensive. American goods in Indonesia (aircraft, soy, some electronics) should become cheaper, but I wouldn't hold my breath.
This whole tariff thing from Trump is asinine, and I wouldn't say this is a good thing for Indonesia, but it's certainly a lot better for Indonesia than it is for America.
You sund like the news presenter frustrated to exasperation who tells his viewers to go to the window, open it and shout, "I'm as mad as hell and I'm not going to take this anymore."You are right about who pays the Tariffs. It gets me upset when I hear him Lie about how much Big Beautiful Money, all the Nations are paying to His Tariffs! It Really makes me sick when No one in the crowd says thats not True! The American Consumer Pays in the End! Why doesn't the press speak out when He lies like this to the Camera's?![]()
You are missing out an important part of the process. Indonesia will not be able to increase its prices by 19% because that would make them uncompetitive and buyers would buy the products elsewhere. They will keep prices the same as they currently are and the 19% will have to be swallowed by the Indonesian side as a hit to their profit margin, in other words the tariff will effectively be paid by Indonesia.American importers will be paying 19% on goods arriving from Indonesia. Indonesian importers will be paying 0% on goods arriving from America. Indonesian goods in America (clothing, coffee, palm oil) will become more expensive.
I very much doubt that.You are missing out an important part of the process. Indonesia will not be able to increase its prices by 19% because that would make them uncompetitive and buyers would buy the products elsewhere. They will keep prices the same as they currently are and the 19% will have to be swallowed by the Indonesian side as a hit to their profit margin, in other words the tariff will effectively be paid by Indonesia.
(Of course each supplier will have to decide whether to increase prices or not, depending on their market situation)
Correct finaly somebody got it. US is behaving as price-setter for purchased goods.You are missing out an important part of the process. Indonesia will not be able to increase its prices by 19% because that would make them uncompetitive and buyers would buy the products elsewhere. They will keep prices the same as they currently are and the 19% will have to be swallowed by the Indonesian side as a hit to their profit margin, in other words the tariff will effectively be paid by Indonesia.
(Of course each supplier will have to decide whether to increase prices or not, depending on their market situation)
Actually it is better for US than Indonesia.Trump has blatantly lied about tariffs so many times that some people have forgotten how they work, and you seem to have fallen victim to this. The exporting country doesn't pay the tariff, the American importer does (passed on to the American consumer).
American importers will be paying 19% on goods arriving from Indonesia. Indonesian importers will be paying 0% on goods arriving from America. Indonesian goods in America (clothing, coffee, palm oil) will become more expensive. American goods in Indonesia (aircraft, soy, some electronics) should become cheaper, but I wouldn't hold my breath.
This whole tariff thing from Trump is asinine, and I wouldn't say this is a good thing for Indonesia, but it's certainly a lot better for Indonesia than it is for America.
Transhipment goods trough Vietnam are 40% now.I very much doubt that.
I means cutting 19% from your NET margin....
They may swallow a bit of it, say 5%, but the rest will be at charge of the US importer, who can than decide to also swallow a bit if (lower this sales margin) but a big chunk will be paid by the final user.
Of course Indo exporters could decide to go through a 3rd country who has lower tariffs with the US.
China has been doing this since years through Vietnam !
Remember Trump's magnifient wall paid by the Mexicans...
All paid by US taxpayers!
I know, hence Trump came down hard on V.N. !Transhipment goods trough Vietnam are 40% now.
I loved this! If it would only happen for Real? Everyday now,We hear more and more of this Madness, and Nothing Gets Done! It's getting to the point it will become like the boy that cried Wolf. No one will listen Anymore and the boy gets Eaten! and Everyone will just droop their shoulders, and bow their Heads, and go back and live the Horrible life they Hate!You sund like the news presenter frustrated to exasperation who tells his viewers to go to the window, open it and shout, "I'm as mad as hell and I'm not going to take this anymore."
That's not how it works. Indonesia keeping their sales prices the same and them swallowing the tarrif rate is contradictory. Indonesia sells for what they sell for to the U.S. buyer and the buyer pays 19% of that to Uncle Sam.You are missing out an important part of the process. Indonesia will not be able to increase its prices by 19% because that would make them uncompetitive and buyers would buy the products elsewhere. They will keep prices the same as they currently are and the 19% will have to be swallowed by the Indonesian side as a hit to their profit margin, in other words the tariff will effectively be paid by Indonesia.
(Of course each supplier will have to decide whether to increase prices or not, depending on their market situation)
It may be better for the U.S. Treasury but it won't be for the consumers. But giving Bezos and Thiel low tax rates has to be made up somehow.Actually it is better for US than Indonesia.
Not convinced of the positive effects. This is essentially a tax on US businesses and consumers. Either prices stay the same and business performance decreases, or prices increase and consumer purchasing power decreases. None of this is good for the US Economy in my opinion, but we'll see, I'm no economist. But for me, it feels like increased taxes on businesses and the average joe, disguised as a nationalist policy.No one has been talking about the actual good things that can come from these tariffs. The last two months the US has had a budget surplus instead of deficit. Given a few years to work and the deficit can be cut by $2.8 trillion or would you rather the US keep passing a larger and larger deficit on the next few generations? After an early nervous move, the stock market is back to record highs as well. All of this in the first few months but no credit where credit is due. He misses the ball on a lot of things but he may be actually doing something with this.
And a bonus story about how one of his worst detractors may be changing their tune.