Kuminga

spheric said:

I was wondering what the hell made this happen… 

I've found the reason: 

https://www.nbcnews.com/news/amp/rcna208169

Of course, somebody is building a 1.5 billion dollar golf course…in Vietnam. 

Jesus Christ. 

lol , let’s see if you can find more golf courses in all the countries as more deals come in .

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 

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.

No before with tariffs but with 0 tariffs, much more likely 

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 

spheric said:

Kuminga said:

Also again,

Just because Vietnam has 20 percent tariffs

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?