it doesn't mean that is the number that will pass onto consumers
Amazon and Costco doesn’t have to buy from Vietnam at those tariffs , they can negotiate down the rate or tell them to absorb it or no more deal.
Hahahahahahahahaha 😂
Just how naïve are you? “Then just negotiate better deals!” Hahahaha! That’s rich.
Like making the best deals possible isn’t the whole basis of their financial structure, making them the most successful megacorps on Earth.
Nah, take it from the guy who bankrupted several casinos. Of course Vietnam will be paying your American import taxes.
Suuuuuuure.
Meanwhile, the “$800” Moog Messenger Synthesizer unveiled last year is now a $900 synthesizer — while it costs the equivalent of $800 in the rest of the world.
Funny how that works.
Don’t take my word for it. How about the usually very critical Barons magazine?
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY 💩🇺🇸🇺🇸🇺🇸🇺🇸
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
Let me try to explain, you have it backwards
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
You just contradicted yourself in your own argument lmao
How? If you don’t want to understand it, I cannot help you.
Capital markets are mostly happy with this deal so you keep doing what you do ok lol
it doesn't mean that is the number that will pass onto consumers
Amazon and Costco doesn’t have to buy from Vietnam at those tariffs , they can negotiate down the rate or tell them to absorb it or no more deal.
Hahahahahahahahaha 😂
Just how naïve are you? “Then just negotiate better deals!” Hahahaha! That’s rich.
Like making the best deals possible isn’t the whole basis of their financial structure, making them the most successful megacorps on Earth.
Nah, take it from the guy who bankrupted several casinos. Of course Vietnam will be paying your American import taxes.
Suuuuuuure.
Meanwhile, the “$800” Moog Messenger Synthesizer unveiled last year is now a $900 synthesizer — while it costs the equivalent of $800 in the rest of the world.
Funny how that works.
Don’t take my word for it. How about the usually very critical Barons magazine?
Yep, Barons is right. 20% is lower than 47%, so it will have less impact on Apple than China. We knew that already. You know what's better than 20%? What we had in 2024 when trade with Vietnam was booming and Americans were importing goods from their country at a high rate.
Barons has to judge impacts in a post-Trump world. These tariffs have been a disaster for the US economy, which shrunk for the first time since COVID due to Trump trade policy.
The United States is a huge and wealthy country. We're going to have giant trade deficits with every country in the world simply because we have more people spending money and importing goods. Claiming a trade deficit is a national emergency is like claiming your barber owes you money because he's never purchased your homemade blankets.
It's literally insane and goes against every economic principle known to man. The proof is in the pudding. We're six months into Trump's policy, and where are the results? All I see is more national debt, less trade, and Americans with less money, less goods, and less choice.
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY ߒ鰟纰߇갟縰߇谟纰
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
Let me try to explain, you have it backwards
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
I think you are being overly optimistic here. Apple drives an incredibly hard bargain with all of their suppliers, there is little meat left on the bone, as such that 20% tariff cannot just be swallowed by the supplier in Vietnam. Apple will have to either;
A: move production to another country, which is expensive, and there is no guarantee that Trump won't just place massive tariffs on where they move to. B: Swallow the 20% tariff by lowering profits within the USA, or raise the price worldwide to pay for Trumps Tariff. C: Charge the 20% to US consumers.
Really, no matter what happens, the US Consumer is going to end up spending more on their Apple goods because of Donald Trump. One way, or another, they are going to pay more, it's inevitable. Tariffs are damaging.
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY 💩🇺🇸🇺🇸🇺🇸🇺🇸
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
Let me try to explain, you have it backwards
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
You just contradicted yourself in your own argument lmao
How? If you don’t want to understand it, I cannot help you.
Capital markets are mostly happy with this deal so you keep doing what you do ok lol
Why would Vietnamese people pay $120 for US beef as a result of a tariff, but when the roles are reversed, Vietnamese people absorb the cost of tariffs so prices don't go up in America? It's a direct contradiction.
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY 💩🇺🇸🇺🇸🇺🇸🇺🇸
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
Let me try to explain, you have it backwards
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
So Americans pay 20% to 40% more on all goods from Vietnam and people in Vietnam pay nothing. Good deal bro.
Should someone ban Trump from using the word "Tariff" because isn't he always using it backwards? He claims Vietnam will pay this tariff, but that's not tariffs work.... the importer pays, not the exporter. What are we missing here with Trump's thinking processes? Maybe he's redefined a tariff, and it's now an exporting tax?
I hope I’m not replicating anything someone else has said but I believe that this all links back to Elon Musk whispering in to the president’s ear that Apple and Tim Cook were making a fool of him by moving around his tariffs. It is a known fact (from reports from his previous administration) that Mr. Trump is very reactionary and absolutely hates when he thinks that someone is making him look like a fool. If you ever watched The Apprentice, that was precisely how he managed the boardroom. He let them fight it out and then “culled” the weakest contestant. Why would he be any different here? I’d start appealing to his better side. Offer to take over building those sadly decrepit “T1 Trump Phones”.
0 percent for US companies into Vietnam is incredible
The fact Vietnam is wiling to agree to this show the ominous power of America
Unlike the Felon-in-Chief and his Germanic capitalization of nouns, the Vietnamese trade officials realize that this will probably result in only a relatively small hit to their exports: it’s the initial US purchaser who pays the tariffs.
0 percent for US companies into Vietnam is incredible
The fact Vietnam is wiling to agree to this show the ominous power of America
It shows that the demand for US imports is so negligible that it doesn't matter.
No, these countries all had trade barriers on US goods
Did you know that Australia does not allow US beef because they say it’s poisonous due to poor US ranchers techniques ? Are you dead from eating UA beef? I am not.
Europe did same to American chickens .
That is why US export numbers so low and what Trump trying to fix
Why should millions and millions of other US citizens foot the bill for ranchers and chicken farms? That is socialism. That is a centralized government choosing the winners and losers in the economy. That takes away freedom from individual US citizens to spend their own pocket money the way they want for their benefit and gives it to special interests.
0 percent for US companies into Vietnam is incredible
The fact Vietnam is wiling to agree to this show the ominous power of America
Unlike the Felon-in-Chief and his Germanic capitalization of nouns, the Vietnamese trade officials realize that this will probably result in only a relatively small hit to their exports: it’s the initial US purchaser who pays the tariffs.
So it’s better deal before like last year when US businesses. Cannot sell things into Vietnam with Barriers as well as a 25 percent Tariff?
And Vietnam can sell into USA with basically no tax killing every American business?
So Americans pay 20% to 40% more on all goods from Vietnam and people in Vietnam pay nothing. Good deal bro.
Should someone ban Trump from using the word "Tariff" because isn't he always using it backwards? He claims Vietnam will pay this tariff, but that's not tariffs work.... the importer pays, not the exporter. What are we missing here with Trump's thinking processes? Maybe he's redefined a tariff, and it's now an exporting tax?
Once again, the importer like Costco doesn’t have to buy anything with a 20 percent tariff . If the company srill wnst access to us markets, they can offer a 20 percent discount to Costco
0 percent for US companies into Vietnam is incredible
The fact Vietnam is wiling to agree to this show the ominous power of America
Unlike the Felon-in-Chief and his Germanic capitalization of nouns, the Vietnamese trade officials realize that this will probably result in only a relatively small hit to their exports: it’s the initial US purchaser who pays the tariffs.
So it’s better deal before like last year when US businesses. Cannot sell things into Vietnam with Barriers as well as a 25 percent Tariff?
And Vietnam can sell into USA with basically no tax killing every American business?
No thanks
What are you talking about? How does Vietnam selling ingredients for Pho kill American business? I know that's not all they sell, but seriously, there are some goods you can only get in Vietnam. What goods were they selling on a more limited tariff to the US that kills American business? Because that's quite the claim you'll need to back up with examples.
So Americans pay 20% to 40% more on all goods from Vietnam and people in Vietnam pay nothing. Good deal bro.
Should someone ban Trump from using the word "Tariff" because isn't he always using it backwards? He claims Vietnam will pay this tariff, but that's not tariffs work.... the importer pays, not the exporter. What are we missing here with Trump's thinking processes? Maybe he's redefined a tariff, and it's now an exporting tax?
Once again, the importer like Costco doesn’t have to buy anything with a 20 percent tariff . If the company srill wnst access to us markets, they can offer a 20 percent discount to Costco
that is is how it will work
The companies in Vietnam can't afford to eat 20% of their revenue, which may actually be more than their profit. They'll have to charge more. Costco will pay more, so customers shopping at Costco will pay more. There's no other way this can work. The only other option is for Vietnamese companies to stop trading with the US, which would be a destruction of the United States access to valuable goods and commodities.
If you're going to make this argument, you have to actually provide realistic examples. This isn't it.
And watch, if Apple raises prices, and especially if they blame the price increases on the tariffs, the senile Oompa Loompa in the White House would throw a tantrum and make threats at Apple.
I'm guessing this will be the first year that prices for Apple hardware will be HIGHER in the US than other countries. The next iPhone could be $1000 in the US and $750 in Canada. Apple has a choice of either tanking its US sales or bribing an insane despot.
Or absorbing the tax as a cost of doing business. Apple maintains a very high margin.
I'm guessing this will be the first year that prices for Apple hardware will be HIGHER in the US than other countries. The next iPhone could be $1000 in the US and $750 in Canada. Apple has a choice of either tanking its US sales or bribing an insane despot.
Or absorbing the tax as a cost of doing business. Apple maintains a very high margin.
Apple won't absorb it directly, that's too much. But it also won't raise prices in just one location. Prices will go up globally, that way the price change is less overall.
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY 💩🇺🇸🇺🇸🇺🇸🇺🇸
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
Let me try to explain, you have it backwards
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
You just contradicted yourself in your own argument lmao
How? If you don’t want to understand it, I cannot help you.
Capital markets are mostly happy with this deal so you keep doing what you do ok lol
Why would Vietnamese people pay $120 for US beef as a result of a tariff, but when the roles are reversed, Vietnamese people absorb the cost of tariffs so prices don't go up in America? It's a direct contradiction.
Yes why would they pay $120 for tariffed US Beef? But now with 0 tariff , that beef is now $100. US farmers has a new non tariffed market to sell to which is great for them, the reason they didn’t sell before was because of the trade barrier against US businesses , and even those counties with no barriers , they had a tariff, US farmers didn’t need to absorb the tariff because the US domestic market is large enough for them .
But Vietnam needs to absorb or greatly sweeten that 20 percent tariff to US importer to have access US market
if you still don’t get it, that is fine, we will just see what happens
Throughout this whole trade war debacle, it's pretty clear old Donnie boy knows nothing about economics, something he majored in college!
Maybe Wharton should look into revoking his degree, because clearly he didn't learn a damn thing!
This is an amazing deal from America. Please look again
How is Vietnam paying nothing for US goods and Americans paying more for goods from Vietnam a win? Americans are the losers here. We're paying more. How is that a deal?
Besides the headline rate numbers, The fact Vietnam was willing to open up their entire market with no trade barriers is a huge deal for US farmers . This is an amazing deal. You are
Right, different countries have different situations, but if this is framework . HOLY 💩🇺🇸🇺🇸🇺🇸🇺🇸
Farmers export $120 billion worth of goods from the US. Vietnam imports a total of $3 billion ish in agriculture, and only a percent of that from the US. They promised to increase imports from the US in February, but it won't be the full $3 billion. This is a blip considering the rest of the world is reducing their reliance on US goods thanks to the Trump tariff policy.
I see no victories in this trade policy or so-called "deal."
Let me try to explain, you have it backwards
The 0 percent is a tariff that would be paid by Vietnam/US companies selling into Vietnam , so with 0 tariff,
Say if us farmer wants to sell $100 of beef to Vietnam, it will be $100, but if there was a 20 percent tariff, that same beef will be $120 with tariff cost split between the two parties or paid by US farmers . So if domestic beef is $100, people in Vietnam will have to pay $120 for US beef. Why would they buy US beef? That is assuming no trade barriers banning us beef like there was before this deal . Now U farmers have a more even playing field
as for other way , they need the US consumer market so U companies can most likely make Vietnam companies who wants to sell into the USA pay most of the tariff in order to access US markets
You just contradicted yourself in your own argument lmao
How? If you don’t want to understand it, I cannot help you.
Capital markets are mostly happy with this deal so you keep doing what you do ok lol
Why would Vietnamese people pay $120 for US beef as a result of a tariff, but when the roles are reversed, Vietnamese people absorb the cost of tariffs so prices don't go up in America? It's a direct contradiction.
Yes why would they pay $120 for tariffed US Beef? But now with 0 tariff , that beef is now $100. US farmers has a new non tariffed market to sell to which is great for them, the reason they didn’t sell before was because of the trade barrier against US businesses , and even those counties with no barriers , they had a tariff, US farmers didn’t need to absorb the tariff because the US domestic market is large enough for them .
But Vietnam needs to absorb or greatly sweeten that 20 percent tariff to US importer to have access US market
if you still don’t get it, that is fine, we will just see what happens
i just love it
Doesn't matter how many times you say it. That's literally not how it works. But it's fine. Believe what you like.
0 percent for US companies into Vietnam is incredible
The fact Vietnam is wiling to agree to this show the ominous power of America
And BAD for Americans who have to shoulder the 40% import tariffs. Why wouldn't Vietnam be happy with ZERO tariffs on US products brought in? Great for the Vietnamese! If you think Vietnam pays the 40% tariff, then you missed the same Economics 101 class that The King did.
Comments
Capital markets are mostly happy with this deal so you keep doing what you do ok lol
Yep, Barons is right. 20% is lower than 47%, so it will have less impact on Apple than China. We knew that already. You know what's better than 20%? What we had in 2024 when trade with Vietnam was booming and Americans were importing goods from their country at a high rate.
Barons has to judge impacts in a post-Trump world. These tariffs have been a disaster for the US economy, which shrunk for the first time since COVID due to Trump trade policy.
The United States is a huge and wealthy country. We're going to have giant trade deficits with every country in the world simply because we have more people spending money and importing goods. Claiming a trade deficit is a national emergency is like claiming your barber owes you money because he's never purchased your homemade blankets.
It's literally insane and goes against every economic principle known to man. The proof is in the pudding. We're six months into Trump's policy, and where are the results? All I see is more national debt, less trade, and Americans with less money, less goods, and less choice.
A: move production to another country, which is expensive, and there is no guarantee that Trump won't just place massive tariffs on where they move to.
B: Swallow the 20% tariff by lowering profits within the USA, or raise the price worldwide to pay for Trumps Tariff.
C: Charge the 20% to US consumers.
Should someone ban Trump from using the word "Tariff" because isn't he always using it backwards? He claims Vietnam will pay this tariff, but that's not tariffs work.... the importer pays, not the exporter. What are we missing here with Trump's thinking processes? Maybe he's redefined a tariff, and it's now an exporting tax?
No thanks
wnst access to us markets, they can offer a 20 percent discount to Costco
that is is how it will work
Apple maintains a very high margin.
But Vietnam needs to absorb or greatly sweeten that 20 percent tariff to US importer to have access US market
if you still don’t get it, that is fine, we will just see what happens
i just love it
If you think Vietnam pays the 40% tariff, then you missed the same Economics 101 class that The King did.