Kuminga

Mike Wuerthele said:

Kuminga said:

Seems like stock market likes the deal for Apple 

it does not. Apple's gains were pre-market open. Trump's announcement was at 12:44 eastern time.

AAPL is down from pre-market gains.

bloggerblog said:

lol Vietnam will love to buy our SUVs

mknelson said:

Can the Vietnamese population afford an imported American SUV? Farm products seem more likely if they can't get from a more regional partner already.

Is Vietnam actually paying the tariffs or is it the American consume or importers? The latter are more typical.

coolfactor said:

Wesley_Hilliard said:

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?

Wesley_Hilliard said:

Kuminga said:

Wesley_Hilliard said:

Kuminga said:

Wesley_Hilliard said:

Kuminga said:

avidthinker said:

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?

Kuminga said:

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.

Wesley_Hilliard said:

Kuminga said:

Wesley_Hilliard said:

Kuminga said:

avidthinker said:

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?

Kuminga said:

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

mike_galloway said:

Kuminga said:

Mike Wuerthele said:

Kuminga said:

Seems like stock market likes the deal for Apple 

it does not. Apple's gains were pre-market open. Trump's announcement was at 12:44 eastern time.

AAPL is down from pre-market gains.

Look again 

I'm not sure why people are using share price to prove a point when it is just mass gut reaction - are things better today (share price up) or worse (share price down. Share price really doesn't predict the future only peoples fears or hopes.

avidthinker said:

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!