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Flights from Canada to the great red state of Tennessee are being canceled lol
why doesn't that surprise me?So a country negotiating prices with pharmaceutical companies directly is an unfair trade practice according to these dumbfuck lobbyists to this even dumber administration?
US pharmaceutical giants urge Trump to put further tariffs on Australia
American medical giants want tariffs imposed on Australia as punishment for its Pharmaceutical Benefits Scheme, which sees the government negotiate cheaper prices for medicines for Australianswww.abc.net.au
Trump is drafting an executive order that would rely on funding from a U.S. Trade Representative proposal to levy fines of up to $1.5 million on China-made ships or vessels from fleets that include ships made in China.
Those potential port fees have limited the availability of ships needed to move agriculture, energy, mining, construction and manufactured goods to international buyers, according to major U.S. exporters and transportation providers in interviews with Reuters, letters to U.S. officials, and comments ahead of USTR hearings next week.
Vessel owners have already refused to provide offers for future U.S. coal shipments due to the proposed USTR fees, Xcoal Energy & Resources CEO Ernie Thrasher said in a letter to U.S. Department of Commerce Secretary Howard Lutnick dated March 12 and seen by Reuters.
Enacting and implementing those fees could cease exports of U.S. coal within 60 days, putting $130 billion worth of shipments at risk, Thrasher said. He said the fee structure could add up to 35% to the delivered cost of U.S. coal, making it uncompetitive on the global market.
Very few maritime operators will be able to document that their annual share of U.S. exports meets the required 20% carried on U.S. built, U.S flagged vessels, shipping association BIMCO said in USTR comments dated March 17.
That could meaningfully curtail U.S. energy exports - "specifically liquid natural gas (LNG) as no US built, US flagged LNG carriers are in operation nor on order," said BIMCO, which added that chemical exports could be severely affected as well.
U.S. farmers, who are already getting pummeled by retaliatory tariffs from China, Mexico and Canada, also are caught in the crossfire of the Chinese ship fee fight, the American Farm Bureau Federation said.
The inability to secure ocean freight transportation from May and beyond has restricted their ability to sell bulk U.S. agricultural products like corn, soybeans and wheat because exporters are unsure what the final cost would be, three U.S. grain export traders told Reuters.
Your old mmo friends are idiots and they're festering in their stupidity.Dunno why I had the nostalgia to play an old MMO again.. reinstalled it.. went back.. said hi to old friends and got a lecture on why they love Trump.
1. Tariffs.. they love em.. they'll balance everything out and it'll be great for America
2. They love him because he's running the country like a business and cutting unneeded expenses
3. They love him because he's destroying those who killed so many with COVID misinformation.
4. They love him and hope they can get jobs in this new Trump economy but they've not heard any replies to the 100+ job applications
/sigh
Totally killed my desire to play that mmo.. but at least I didn't get into a political fight.. I somehow have a good knack of just listening and not arguing with people..
Such upheaval in shipping schedules would have consequences for large and small ports. Container ships normally operate like waterborne buses, making scheduled stops at multiple ports along a coastline.
But facing fees that might reach $3.5 million for each stop, they would probably choose to unload all of their cargo in just one place, such as the Port of Los Angeles, executives said.
“You are absolutely going to disrupt the U.S. economy. You’ll create covid-like congestion at places like L.A., Long Beach and New York,” said Joe Kramek, president of the World Shipping Council, which represents the major ocean carriers.
Some vessel operators already are trying to cancel contracts with some U.S. ports and delaying negotiations on new agreements “due to the uncertainty of costs associated with trading with the United States,” Brett Bourgeois, executive director of the New Orleans Board of Trade, said in written comments on the USTR proposal.
Fewer vessels docking at smaller ports such as Oakland, California, would make it harder and more expensive for major U.S. exporters to ship their goods to foreign customers, and it would affect imports as well. Farmers who rely on bulk carriers to move grain and other commodities would be hit especially hard, forced to send their crops hundreds of miles overland to Southern California.
The proposed fees “will have catastrophic effects on U.S. exports,” Kevin LaGraize Jr., president of Southport Agencies in Metairie, Louisiana, said in written comments submitted to USTR.
Why isn't he dead yet?This is what is meant by some people want to watch the world burn. Jesus Christ.
what is the amount of American cars we export vs Foreign cars we import?
For Trump there is no difference except if is called Tesla and even if has Russian partsLooks like 7.7M units imported in 2024. Exports look in the neighborhood of 1M.
The real question is if the tariff is applicable to auto parts and assemblies which might cross the border multiple times.
Looks like 7.7M units imported in 2024. Exports look in the neighborhood of 1M.
The real question is if the tariff is applicable to auto parts and assemblies which might cross the border multiple times.
Easily solved. Just stamp Made in USA on everything. Trump can try to disprove it.So now they are saying it’s only on the parts not made in the US. What’s the problem you ask? How the fuck do you quantify that when most parts travel back and forth several times during assembly phases.
Pure geniuses I tell you.
So now they are saying it’s only on the parts not made in the US. What’s the problem you ask? How the fuck do you quantify that when most parts travel back and forth several times during assembly phases.
Pure geniuses I tell you.
In a late-night social media post, President Donald Trump threatened Canada and the European Union if they worked together to “do economic harm” to the United States, hours after the Trump administration announced 25-per-cent tariffs on foreign auto imports.
“If the European Union works with Canada in order to do economic harm to the USA, large scale Tariffs, far larger than currently planned, will be placed on them both in order to protect the best friend that each of those two countries has ever had!” he wrote on Truth Social.
On Wednesday, Mr. Trump signed an executive order that imposes 25-per-cent tariffs on vehicles and some auto parts imported into the U.S., starting April 2.
Lol and this is before they actually start hitting people's wallets which they are going to like a lot less.