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In the absence of a flair system on lemmy yet, let’s try to make it easier to scan through posts by type in here by using tags:
"It is my opinion that the SUV or, as it is sometimes referred to, Large Engine Vehicle, which does so well in the United States, will be a wonderful addition to the various product lines within Vietnam"
Source: https://truthsocial.com/@realDonaldTrump/posts/114784170652465525
Why would Vietnam be paying the tariff on Vietnamese goods going into the US? I swear the definition of a tariff changes every time I see it mentioned.
He's always said that tariffs are paid by the exporting country to the importing country. He's wrong of course, but at least he's consistent.
"I hate communists!" except the one that buy my Large Engine Vroom Vrooms. Thank you for your attention on this matter.
So he's putting tariffs on Vietnamese imports but exports are unburdened... So he's basically creating a trade deficit? The thing he railed against months ago?
I don't think i follow your logic, theoretically this would reduce the trade deficit. The US would be importing less from Vietnam because the people in the US have to pay 20% more, and the US would be exporting more to Vietnam as the price of the US good would be cheaper then they were before with no duties.
The US would be exporting more and importing less so the trade deficit will go down.
I don't think that's how it will work on reality as even with that 20% goods produced in Vietnam will still be cheaper then those made in the US. Same with US goods in Vietnam, where even if they don't cost any more then the equivalent Vietnamese good due to tarrifs, they'll still cost a lot more due to labor and shipping costs.
You receive: selling your shit in my country at a disadvantage
I receive: selling my shit in your country at an advantage
???
...vietnam doesn't have enough room for mopeds, let alone SUVs...
It’s funny to think about how when any of these GOP people talk about China, they always emphasize “the Chinese COMMUNIST Party” to dog whistle that they are “bad,” but now we are happy to trade with another communist country?
Fucking lol
Every time I read something he's written or hear him speak I feel like I'm stupider