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icon Jul 6 - Bessent: Countries not calling us back for deals

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ahonui06 triple plat x119
Props 242 K    
  '16 
+9   
38 comments best trash
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ahonui06 triple plat x119 OP
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  '16 
Losing is eternal
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+27   
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Bradydidit1109 triple plat x5
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  '17 
Because they don’t have to do anything except just manipulate trump

He’s a weak minded dipsh1t lmao
+18   
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smokeytheblunt2
Props 98 K    
  '16 
 Bradydidit1109 said
Because they don’t have to do anything except just manipulate trump

He’s a weak minded dipsh1t lmao
nobody likes dealing with mentally disabled, effeminate man children………
+22   
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Dehone
Props 116 K    
  '18 
Art of the deal…
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lucifershammer triple plat x4
Props 94 K    
  '17 
It's the dealer and the deal that makes a great deal of difference
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Sh33d triple plat x35
Props 48 K    
  '24 
 ahonui06 said
Losing is eternal
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 Dehone said
Art of the deal…
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N1c0O1as triple plat x12
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  '24 
Brics got applications popping out the roof though.
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Swisha2k11 triple plat x9
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  '21 
“They export more to us than we do to them”

Is that a problem?

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TalibanDread
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  '15 
This f@g finally told the truth through his c#m drenched teeth. fu#king f4ggot
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ahonui06 triple plat x119 OP
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  '16 
 Swisha2k11 said
“They export more to us than we do to them”

Is that a problem?

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Nope. Quite the opposite actually.
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BigSleaze
Props 306    
  '16 
 ahonui06 said
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Pretty sure this guy is slow.
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Swisha2k11 triple plat x9
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  '21 
 ahonui06 said
Nope. Quite the opposite actually.
That’s what I thought. our trade-deficit helps to subsidize our quality of life (what’s left of it)…
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bobbysteels18 triple plat x85
Props 28 K    
  '05 
They might be better off not making a deal and just pay the the 10%.
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ahonui06 triple plat x119 OP
Props 242 K    
  '16 
 Swisha2k11 said
That’s what I thought. our trade-deficit helps to subsidize our quality of life (what’s left of it)…
Precisely. Better to have lower cost input countries export to us more than we import abroad.
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ahonui06 triple plat x119 OP
Props 242 K    
  '16 
TACO just extended the deadline from 7/9 to 8/1
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[see tweet]
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yousabitch
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  '17 
 bobbysteels18 said
They might be better off not making a deal and just pay the the 10%.
They don’t pay any percent lol it’s called an import tariff. Whoever imports it pays it and passes it on to us the consumer. You an I pay that. Bro it still baffles me y he at people don’t know how tariffs work
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bobbysteels18 triple plat x85
Props 28 K    
  '05 
 yousabi#ch said
They don’t pay any percent lol it’s called an import tariff. Whoever imports it pays it and passes it on to us the consumer. You an I pay that. Bro it still baffles me y he at people don’t know how tariffs work
I understand what you mean. I should have been more specific. Vietnam has to pay a 20% tariff making there products more expensive for us. Other countries with out deals are paying 10% making there products a little less expensive. I could be wrong, but July 9th all tariffs are supposed to go back up.
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ahonui06 triple plat x119 OP
Props 242 K    
  '16 
 bobbysteels18 said
I understand what you mean. I should have been more specific. Vietnam has to pay a 20% tariff making there products more expensive for us. Other countries with out deals are paying 10% making there products a little less expensive. I could be wrong, but July 9th all tariffs are supposed to go back up.
TACO tacoed again and extended the deadline to 8/1.

10% baseline is still 3x the global average of tariffs so us Americans are getting boned since Trump is an idiot.
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BrooklynDamien triple plat x2
Props 198 K    
  '18 
 Swisha2k11 said
“They export more to us than we do to them”

Is that a problem?

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Hell yeah it's a problem. If we spend our black dollars on outsiders' products they export to us and they don't buy our black products... we have what we have right now as black ppl idk how ppl don't see that lol. Money out, no money in. Idgaf about maga beef and ethanol or anything else maga I'm just fu#king saying how is this not easily seen. Ppl ain't thinking at all and just saying oh they like it so I hate it
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BrooklynDamien triple plat x2
Props 198 K    
  '18 
 ahonui06 said
Nope. Quite the opposite actually.
How?
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Krazie
Props 80 K    
  '05 
This fu#king moron is gonna be the next Fed chair too.

We are soooooo cooked.
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ahonui06 triple plat x119 OP
Props 242 K    
  '16 
 BrooklynDamien said
How?
A trade deficit is a good thing when a country (USA) imports cheaper goods/services from another country (Vietnam).

Vietnamese cost units are 30-50% cheaper than America as a whole so it's cheaper to import those goods than manufacture domestically.
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BrooklynDamien triple plat x2
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  '18 
 ahonui06 said
A trade deficit is a good thing when a country (USA) imports cheaper goods/services from another country (Vietnam).

Vietnamese cost units are 30-50% cheaper than America as a whole so it's cheaper to import those goods than manufacture domestically.
That's a good argument for importing goods and services in general. Sure, it's great to get cheap things. This isn't about that though. This convo is about making money from the ppl you spend money with. If you're buying more things from them than they are from you you're not in a positive trade with your partner. It would be different if you didn't have anything to sell and you were mainly an importer like Myanmar. You can look at them as a what is wrong with running at a trade deficit question
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Tha Boss triple plat x34
Props 231 K    
  '05 

[see video]

Mush brain has no idea what’s going on
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