Trump 2.0 official thread

european_guy

Junior Member
Registered Member
Usual hot air from puppets.

Watch how they are going to bend for daddy

Yes of course.

First, this story is from Financial Times, so you can assume it has been green-lighted by US intelligence.

Then it is clear that if this guy goes hard with US negotiators he will be back stabbed as soon as he comes back in Europe by the very same people that pushed him to be tough...so they can play the "US friend" card with Trump. All these people in Brussels have been appointed by Biden admin, so they want to show they are loyal to Trump too.

But this guy,
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, is not exactly a random moron, he was a communist in East Europe before the wall went down, he even studied in Moscow as a student. With Ukraine he said he does not consider Russia to be any kind of threat (one of the few politicians to say it openly, although many think it), and he was against sanctions.

We will see what happens, but of course US will negotiate with EU from a position of (super) strength, as they love to do and as they can do (with EU, not with China).
 

fishrubber99

Junior Member
Registered Member
Trump has reached a "deal" with Vietnam, which includes a 20% import tariff for goods coming from Vietnam + 40% "transshipment" tariff.
In return, Vietnam is supposedly promising a 0% tariff and will provide preferential market access for certain imported American goods.

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The draft joint statement on the deal also doesn't mention China directly, but the "transshipment" tariff is aimed at China, although I don't know how enforceable this is.
 
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Maikeru

Major
Registered Member
Trump has reached a "deal" with Vietnam, which includes a 20% import tariff for goods coming from Vietnam + 40% "transshipment" tariff.
In return, Vietnam is supposedly promising a 0% tariff and will provide preferential market access for certain imported American goods.

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The draft joint statement on the deal also doesn't mention China directly, but the "transshipment" tariff is aimed at China, although I don't know how enforceable this is.
Is that actually good for Vietnam though? Surely it just means CN exporters are likely to ship direct from China, or via another 3rd country, than through Vietnam? So overall VN exports to US will fall.
 

Jamie28

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Registered Member
Trump has reached a "deal" with Vietnam, which includes a 20% import tariff for goods coming from Vietnam + 40% "transshipment" tariff.
In return, Vietnam is supposedly promising a 0% tariff and will provide preferential market access for certain imported American goods.

Doesn't the VN leadership know what happens when a developing country has no tariff for goods imported from developed countries and has to export to them at 20% rate?
 

siegecrossbow

General
Staff member
Super Moderator
Trump has reached a "deal" with Vietnam, which includes a 20% import tariff for goods coming from Vietnam + 40% "transshipment" tariff.
In return, Vietnam is supposedly promising a 0% tariff and will provide preferential market access for certain imported American goods.

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The draft joint statement on the deal also doesn't mention China directly, but the "transshipment" tariff is aimed at China, although I don't know how enforceable this is.

The price of cucking…
 

GulfLander

Colonel
Registered Member
Trump has reached a "deal" with Vietnam, which includes a 20% import tariff for goods coming from Vietnam + 40% "transshipment" tariff.
In return, Vietnam is supposedly promising a 0% tariff and will provide preferential market access for certain imported American goods.

Please, Log in or Register to view URLs content!

The draft joint statement on the deal also doesn't mention China directly, but the "transshipment" tariff is aimed at China, although I don't know how enforceable this is.
Does VN put tariff on CN products?
 

Michael90

Junior Member
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Trump has reached a "deal" with Vietnam, which includes a 20% import tariff for goods coming from Vietnam + 40% "transshipment" tariff.
In return, Vietnam is supposedly promising a 0% tariff and will provide preferential market access for certain imported American goods.

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The draft joint statement on the deal also doesn't mention China directly, but the "transshipment" tariff is aimed at China, although I don't know how enforceable this is.
You can’t blame vietnams communist party leaders to be honest. Their largest market is the US, so they don’t have much choice to accept US terms and avoid even higher tariffs which will tank their economy. So they can only bend the knee. Shows the amount of leverage the US has over them(and other countries) by using her large market access as a bargaining chip. So I understand them

The only thing they can do is to try and diversify the markets for their products. However it’s easier said than done, since the US is still the largest market/importer for many goods in the world, and changing markets takes a long time. So their options are not as much as they will like.
 

fishrubber99

Junior Member
Registered Member
Is that actually good for Vietnam though? Surely it just means CN exporters are likely to ship direct from China, or via another 3rd country, than through Vietnam? So overall VN exports to US will fall.

My view on this is:
  • comparing the 20% Vietnamese tariff to the 55% Chinese tariff (average of 25% from Trump 1 + 20% Fentanyl + 10% Liberation day suspended tariffs), you can see that the difference in average tariffs pre- and post-Liberation day between VN and CN has actually grown smaller (Vietnamese-specific tariffs were 0%, not including the favored nation status tariff, and Chinese-specific tariffs were at 45% before Liberation day).
    • so it might actually be more attractive to import certain things from China now that Vietnam's tariff rate has doubled from the 10% baseline tariff rate during the "pause" to the 20% that is in effect because Chinese products were 45% more expensive to import from Vietnam before this deal was made, and now they are 35% more expensive, comparably saving importers 10%
  • transshipment is already illegal and importers would be heavily fined for doing so if found out (as in, hiding the true origin of the products being imported), so unless they change the definition of what "transshipment" means in this context, the 40% tariff will not make much of a difference.
So this new arrangement might not be very good for Vietnam, but we'll see in this future how the deal is actually implemented
 
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