IMHO he gets bad advice and psychological reinforecement from a number of yes-men like Musk and Navarro. Every member of Congress was asked tl sign a no tax pledge, and most Republicans did. Tattiffs = taxes, so by supportong across the board tariffs, they are undermining their credibility with their Tea Party/MAGAT constituents.
IMHO he gets bad advice and psychological reinforecement from a number of yes-men like Musk and Navarro. Every member of Congress was asked tl sign a no tax pledge, and most Republicans did. Tattiffs = taxes, so by supportong across the board tariffs, they are undermining their credibility with their Tea Party/MAGAT constituents.
In the auto industry, companies like Tesla have no (0) foreign components and therefore have an advantage over the competition. However as of 10:30, Tesla is down 5%. .
I watched Rachel last night, running down the list of tariff sanctions, many of them are not nations, but Islands. The person who drew up that list is not an idiot (never underestimate the enemy)
It came to mind that nations beat international law and sanctions by using vessels chartered under other nations. For instance In terms of the number of ships registered, Panama currently holds the title for the largest ship registry, followed by Liberia and the Marshall Islands.
So to beat tariffs, which are assessed at port of entry, a country need do no more than have their product registered aboard a Panamaian registered ship, as coming from the Heard or McDonalds islands.
Notice that the Falklands, population 2,330 and produces nothng except guano and fish has a tariff of 41% The Falkland Islands are a self-governing British Overseas Territory, with the UK responsible for foreign affairs and defense, while the islands have full internal self-government.
However Britain has only a 10% tariff and 25% on cars, steel and aluminum.
Why 41% on a self governing island that has no exports? Because it is a perfect place to use as a transhipment place,on paper, slap on a made in Falklands label on the bill of lading and voila.
IMHO he gets bad advice and psychological reinforecement from a number of yes-men like Musk and Navarro. Every member of Congress was asked tl sign a no tax pledge, and most Republicans did. Tattiffs = taxes, so by supportong across the board tariffs, they are undermining their credibility with their Tea Party/MAGAT constituents.
In the auto industry, companies like Tesla have no (0) foreign components and therefore have an advantage over the competition. However as of 10:30, Tesla is down 5%. .
It's a vicious cycle. He has declared himself right, and everyone who disagrees with him gets fired. Truth, law, and reality need not apply.
I watched Rachel last night, running down the list of tariff sanctions, many of them are not nations, but Islands. The person who drew up that list is not an idiot (never underestimate the enemy)
It came to mind that nations beat international law and sanctions by using vessels chartered under other nations. For instance In terms of the number of ships registered, Panama currently holds the title for the largest ship registry, followed by Liberia and the Marshall Islands.
So to beat tariffs, which are assessed at port of entry, a country need do no more than have their product registered aboard a Panamaian registered ship, as coming from the Heard or McDonalds islands.
Notice that the Falklands, population 2,330 and produces nothng except guano and fish has a tariff of 41% The Falkland Islands are a self-governing British Overseas Territory, with the UK responsible for foreign affairs and defense, while the islands have full internal self-government.
However Britain has only a 10% tariff and 25% on cars, steel and aluminum.
Why 41% on a self governing island that has no exports? Because it is a perfect place to use as a transhipment place,on paper, slap on a made in Falklands label on the bill of lading and voila.