

…and after the War the allies fell over themselves to get former Nazi ministers reelected. The CDP was funded by the US State Department for decades.
…and after the War the allies fell over themselves to get former Nazi ministers reelected. The CDP was funded by the US State Department for decades.
The world does not trade in US dollars, thats a myth. If a Japanese company buys something in Australia, they convert from yen to AUD, they don’t go through the USD. Thats not what “reserve currency” means.
There used to be a thing called the Gold Standard. The amount of gold you had in reserve was linked to the amount of money you could print. The gold standard failed because it was too restrictive.
After WW2, the US proposed that instead of a lump of metal, money creation would be tied to the national economy. The US economy would be the “gold reserve” of the world and all the other currencies woudl be compared to it. The goal was to reduce the amount of foreigners using USD, as this was causing American notes to leak overseas and made inflation difficult to determine.
The Euro is used over a range of economies that are only loosely tied together. Although crude monetary policy like interest rates are common, tax collection is up to individual countries, so the Euro is not a stable value as there are too many variables.
The T03 doesn’t comply with 2024 safey regulations which apply to all vehicles (not just new models) in July.
Walmart will benefit because they buy in wholesale and the tariff is applied to the landed price. Amazon has warehuse in the US so Chinese traders can set up operaions in the US and pay the bulk price as well.
eg an item that is $100 on Aliexpress, costs $15.12 per 10,000 on Alibaba. A consumer pays $245, but Walmart pays about $35.
200 to make it a round number. That’s why they increased it from 104 to 125.
Actually you had 3 hours to do it before he changed his mind.
He’ll change it again later today.
Probably will have some delays as the software get updated, and I wouldn’t be surprised if a bunch of Chinese goods get re-routed through Vietnam or other countries with lower import tariffs.
Most likely they’ll just have is “assembled” (put in a box) in Mexico.
India has 300% tariff on Chinese goods. Everything is still made in China there. US auto workers make $40 an hour, a Chinese autoworker makes $100 a week. Yes there are robots, but they have to be maintained. The difference is the costs of fitters in the US and China is even greater.
There might be a few edge cases where it is cheaper to make in the US ; food processing for example, where the sale price is low and transport is a large proportion, or highly automated things, like making plastic bags or injected moulded stuff like those garden chairs or plastic tanks.
They have to show the invoice from the supplier.
Yes, where the importer is also the manufacturer (such as cars), the factory can sell at a loss and make up the difference onshore. However, then their tax liability is greater. What they usually do is sell via a tax haven, the importer is based in Barbados, pays their supplier below cost, and the onshore distributor then pays the importer more than they sell for, so they make a “loss” for tax purposes. Tax is only liable on profits.
How can they ? Trump has cancelled negotiations.
Anyway, he’ll just change his mind tomorrow. Or sign an agreement and then renege on it.
The minister is also a Conservative MAGA fan. This is the CDP.
The far right in SA/NZ/Australia are pro-EU. That’s why they were so confused about Brexit.
Of course they would be pro-Europe, how could they be anything else ?
This is pretty standard treatment. There are only a limited number of holding cells in an airport, moslty for men.
If there is no returning flight that day they are sent to a local jail (known as a remand centre outside of the US) and stripping and searching is standard at those places.
The women said that they were going to do work in the US.